Machinery & Equipment
Matrix Converter- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
- Jul 14, 25
- ID: 374856
- Pages: 84
- Figures: 85
- Views: 1
The global market for Matrix Converter was estimated to be worth US$ 641 million in 2024 and is forecast to a readjusted size of US$ 841 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.
Matrix Converter is defined as a converter with a single stage of conversion. It utilizes bidirectional controlled switch to achieve automatic conversion of power from AC to AC. It provides an alternative to PWM voltage rectifier doublesided.
Currently, only Yaskawa and Fuji Electric have commercially produced Matrix Converter products. Manufacturers like ABB believe that the MC technology is attractive, but it requires more research before it can be fully explored for industrial applications.
In the global market, the core manufacturers of Matrix Converters are Yaskawa and Fuji Electric, with the top two companies in the industry accounting for more than 99% of the market share. North America, Europe, Japan, and China are the main production regions for this product, and they all occupy about 20% of the global market share. The product is categorised into low voltage converters and medium voltage converters based on the product type. The products are widely used in general machinery, HVAC and compressors, cranes and hoists, pumps and fans, oil and gas, new energy and other industries.
This report aims to provide a comprehensive presentation of the global market for Matrix Converter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Matrix Converter by region & country, by Type, and by Application.
The Matrix Converter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Matrix Converter.
Market Segmentation
By Company
Yaskawa
Fuji Electric
Segment by Type
Low Voltage Converter
Medium Voltage Converter
Segment by Application
General-purpose Machinery
HVAC and Compressors
Cranes and Hoists
Pumps and Fans
Oil & gas
New Energy
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Matrix Converter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Matrix Converter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Matrix Converter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Matrix Converter is defined as a converter with a single stage of conversion. It utilizes bidirectional controlled switch to achieve automatic conversion of power from AC to AC. It provides an alternative to PWM voltage rectifier doublesided.
Currently, only Yaskawa and Fuji Electric have commercially produced Matrix Converter products. Manufacturers like ABB believe that the MC technology is attractive, but it requires more research before it can be fully explored for industrial applications.
In the global market, the core manufacturers of Matrix Converters are Yaskawa and Fuji Electric, with the top two companies in the industry accounting for more than 99% of the market share. North America, Europe, Japan, and China are the main production regions for this product, and they all occupy about 20% of the global market share. The product is categorised into low voltage converters and medium voltage converters based on the product type. The products are widely used in general machinery, HVAC and compressors, cranes and hoists, pumps and fans, oil and gas, new energy and other industries.
This report aims to provide a comprehensive presentation of the global market for Matrix Converter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Matrix Converter by region & country, by Type, and by Application.
The Matrix Converter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Matrix Converter.
Market Segmentation
By Company
Yaskawa
Fuji Electric
Segment by Type
Low Voltage Converter
Medium Voltage Converter
Segment by Application
General-purpose Machinery
HVAC and Compressors
Cranes and Hoists
Pumps and Fans
Oil & gas
New Energy
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Matrix Converter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Matrix Converter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Matrix Converter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
1 Market Overview
1.1 Matrix Converter Product Introduction
1.2 Global Matrix Converter Market Size Forecast
1.2.1 Global Matrix Converter Sales Value (2020-2031)
1.2.2 Global Matrix Converter Sales Volume (2020-2031)
1.2.3 Global Matrix Converter Sales Price (2020-2031)
1.3 Matrix Converter Market Trends & Drivers
1.3.1 Matrix Converter Industry Trends
1.3.2 Matrix Converter Market Drivers & Opportunity
1.3.3 Matrix Converter Market Challenges
1.3.4 Matrix Converter Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Matrix Converter Players Revenue Ranking (2024)
2.2 Global Matrix Converter Revenue by Company (2020-2025)
2.3 Global Matrix Converter Players Sales Volume Ranking (2024)
2.4 Global Matrix Converter Sales Volume by Company Players (2020-2025)
2.5 Global Matrix Converter Average Price by Company (2020-2025)
2.6 Key Manufacturers Matrix Converter Manufacturing Base and Headquarters
2.7 Key Manufacturers Matrix Converter Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Matrix Converter
2.9 Matrix Converter Market Competitive Analysis
2.9.1 Matrix Converter Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Matrix Converter Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Matrix Converter as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Low Voltage Converter
3.1.2 Medium Voltage Converter
3.2 Global Matrix Converter Sales Value by Type
3.2.1 Global Matrix Converter Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Matrix Converter Sales Value, by Type (2020-2031)
3.2.3 Global Matrix Converter Sales Value, by Type (%) (2020-2031)
3.3 Global Matrix Converter Sales Volume by Type
3.3.1 Global Matrix Converter Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Matrix Converter Sales Volume, by Type (2020-2031)
3.3.3 Global Matrix Converter Sales Volume, by Type (%) (2020-2031)
3.4 Global Matrix Converter Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 General-purpose Machinery
4.1.2 HVAC and Compressors
4.1.3 Cranes and Hoists
4.1.4 Pumps and Fans
4.1.5 Oil & gas
4.1.6 New Energy
4.1.7 Others
4.2 Global Matrix Converter Sales Value by Application
4.2.1 Global Matrix Converter Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Matrix Converter Sales Value, by Application (2020-2031)
4.2.3 Global Matrix Converter Sales Value, by Application (%) (2020-2031)
4.3 Global Matrix Converter Sales Volume by Application
4.3.1 Global Matrix Converter Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Matrix Converter Sales Volume, by Application (2020-2031)
4.3.3 Global Matrix Converter Sales Volume, by Application (%) (2020-2031)
4.4 Global Matrix Converter Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Matrix Converter Sales Value by Region
5.1.1 Global Matrix Converter Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Matrix Converter Sales Value by Region (2020-2025)
5.1.3 Global Matrix Converter Sales Value by Region (2026-2031)
5.1.4 Global Matrix Converter Sales Value by Region (%), (2020-2031)
5.2 Global Matrix Converter Sales Volume by Region
5.2.1 Global Matrix Converter Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Matrix Converter Sales Volume by Region (2020-2025)
5.2.3 Global Matrix Converter Sales Volume by Region (2026-2031)
5.2.4 Global Matrix Converter Sales Volume by Region (%), (2020-2031)
5.3 Global Matrix Converter Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Matrix Converter Sales Value, 2020-2031
5.4.2 North America Matrix Converter Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Matrix Converter Sales Value, 2020-2031
5.5.2 Europe Matrix Converter Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Matrix Converter Sales Value, 2020-2031
5.6.2 Asia Pacific Matrix Converter Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Matrix Converter Sales Value, 2020-2031
5.7.2 South America Matrix Converter Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Matrix Converter Sales Value, 2020-2031
5.8.2 Middle East & Africa Matrix Converter Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Matrix Converter Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Matrix Converter Sales Value
6.2.1 Key Countries/Regions Matrix Converter Sales Value, 2020-2031
6.2.2 Key Countries/Regions Matrix Converter Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Matrix Converter Sales Value, 2020-2031
6.3.2 United States Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Matrix Converter Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Matrix Converter Sales Value, 2020-2031
6.4.2 Europe Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Matrix Converter Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Matrix Converter Sales Value, 2020-2031
6.5.2 China Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.5.3 China Matrix Converter Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Matrix Converter Sales Value, 2020-2031
6.6.2 Japan Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Matrix Converter Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Matrix Converter Sales Value, 2020-2031
6.7.2 South Korea Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Matrix Converter Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Matrix Converter Sales Value, 2020-2031
6.8.2 Southeast Asia Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Matrix Converter Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Matrix Converter Sales Value, 2020-2031
6.9.2 India Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.9.3 India Matrix Converter Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Yaskawa
7.1.1 Yaskawa Company Information
7.1.2 Yaskawa Introduction and Business Overview
7.1.3 Yaskawa Matrix Converter Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Yaskawa Matrix Converter Product Offerings
7.1.5 Yaskawa Recent Development
7.2 Fuji Electric
7.2.1 Fuji Electric Company Information
7.2.2 Fuji Electric Introduction and Business Overview
7.2.3 Fuji Electric Matrix Converter Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Fuji Electric Matrix Converter Product Offerings
7.2.5 Fuji Electric Recent Development
8 Industry Chain Analysis
8.1 Matrix Converter Industrial Chain
8.2 Matrix Converter Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Matrix Converter Sales Model
8.5.2 Sales Channel
8.5.3 Matrix Converter Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
1.1 Matrix Converter Product Introduction
1.2 Global Matrix Converter Market Size Forecast
1.2.1 Global Matrix Converter Sales Value (2020-2031)
1.2.2 Global Matrix Converter Sales Volume (2020-2031)
1.2.3 Global Matrix Converter Sales Price (2020-2031)
1.3 Matrix Converter Market Trends & Drivers
1.3.1 Matrix Converter Industry Trends
1.3.2 Matrix Converter Market Drivers & Opportunity
1.3.3 Matrix Converter Market Challenges
1.3.4 Matrix Converter Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Matrix Converter Players Revenue Ranking (2024)
2.2 Global Matrix Converter Revenue by Company (2020-2025)
2.3 Global Matrix Converter Players Sales Volume Ranking (2024)
2.4 Global Matrix Converter Sales Volume by Company Players (2020-2025)
2.5 Global Matrix Converter Average Price by Company (2020-2025)
2.6 Key Manufacturers Matrix Converter Manufacturing Base and Headquarters
2.7 Key Manufacturers Matrix Converter Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Matrix Converter
2.9 Matrix Converter Market Competitive Analysis
2.9.1 Matrix Converter Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Matrix Converter Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Matrix Converter as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Low Voltage Converter
3.1.2 Medium Voltage Converter
3.2 Global Matrix Converter Sales Value by Type
3.2.1 Global Matrix Converter Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Matrix Converter Sales Value, by Type (2020-2031)
3.2.3 Global Matrix Converter Sales Value, by Type (%) (2020-2031)
3.3 Global Matrix Converter Sales Volume by Type
3.3.1 Global Matrix Converter Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Matrix Converter Sales Volume, by Type (2020-2031)
3.3.3 Global Matrix Converter Sales Volume, by Type (%) (2020-2031)
3.4 Global Matrix Converter Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 General-purpose Machinery
4.1.2 HVAC and Compressors
4.1.3 Cranes and Hoists
4.1.4 Pumps and Fans
4.1.5 Oil & gas
4.1.6 New Energy
4.1.7 Others
4.2 Global Matrix Converter Sales Value by Application
4.2.1 Global Matrix Converter Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Matrix Converter Sales Value, by Application (2020-2031)
4.2.3 Global Matrix Converter Sales Value, by Application (%) (2020-2031)
4.3 Global Matrix Converter Sales Volume by Application
4.3.1 Global Matrix Converter Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Matrix Converter Sales Volume, by Application (2020-2031)
4.3.3 Global Matrix Converter Sales Volume, by Application (%) (2020-2031)
4.4 Global Matrix Converter Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Matrix Converter Sales Value by Region
5.1.1 Global Matrix Converter Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Matrix Converter Sales Value by Region (2020-2025)
5.1.3 Global Matrix Converter Sales Value by Region (2026-2031)
5.1.4 Global Matrix Converter Sales Value by Region (%), (2020-2031)
5.2 Global Matrix Converter Sales Volume by Region
5.2.1 Global Matrix Converter Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Matrix Converter Sales Volume by Region (2020-2025)
5.2.3 Global Matrix Converter Sales Volume by Region (2026-2031)
5.2.4 Global Matrix Converter Sales Volume by Region (%), (2020-2031)
5.3 Global Matrix Converter Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Matrix Converter Sales Value, 2020-2031
5.4.2 North America Matrix Converter Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Matrix Converter Sales Value, 2020-2031
5.5.2 Europe Matrix Converter Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Matrix Converter Sales Value, 2020-2031
5.6.2 Asia Pacific Matrix Converter Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Matrix Converter Sales Value, 2020-2031
5.7.2 South America Matrix Converter Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Matrix Converter Sales Value, 2020-2031
5.8.2 Middle East & Africa Matrix Converter Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Matrix Converter Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Matrix Converter Sales Value
6.2.1 Key Countries/Regions Matrix Converter Sales Value, 2020-2031
6.2.2 Key Countries/Regions Matrix Converter Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Matrix Converter Sales Value, 2020-2031
6.3.2 United States Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Matrix Converter Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Matrix Converter Sales Value, 2020-2031
6.4.2 Europe Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Matrix Converter Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Matrix Converter Sales Value, 2020-2031
6.5.2 China Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.5.3 China Matrix Converter Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Matrix Converter Sales Value, 2020-2031
6.6.2 Japan Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Matrix Converter Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Matrix Converter Sales Value, 2020-2031
6.7.2 South Korea Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Matrix Converter Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Matrix Converter Sales Value, 2020-2031
6.8.2 Southeast Asia Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Matrix Converter Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Matrix Converter Sales Value, 2020-2031
6.9.2 India Matrix Converter Sales Value by Type (%), 2024 VS 2031
6.9.3 India Matrix Converter Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Yaskawa
7.1.1 Yaskawa Company Information
7.1.2 Yaskawa Introduction and Business Overview
7.1.3 Yaskawa Matrix Converter Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Yaskawa Matrix Converter Product Offerings
7.1.5 Yaskawa Recent Development
7.2 Fuji Electric
7.2.1 Fuji Electric Company Information
7.2.2 Fuji Electric Introduction and Business Overview
7.2.3 Fuji Electric Matrix Converter Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Fuji Electric Matrix Converter Product Offerings
7.2.5 Fuji Electric Recent Development
8 Industry Chain Analysis
8.1 Matrix Converter Industrial Chain
8.2 Matrix Converter Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Matrix Converter Sales Model
8.5.2 Sales Channel
8.5.3 Matrix Converter Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
Table 1. Matrix Converter Market Trends
Table 2. Matrix Converter Market Drivers & Opportunity
Table 3. Matrix Converter Market Challenges
Table 4. Matrix Converter Market Restraints
Table 5. Global Matrix Converter Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Matrix Converter Revenue Market Share by Company (2020-2025)
Table 7. Global Matrix Converter Sales Volume by Company (2020-2025) & (K Units)
Table 8. Global Matrix Converter Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Matrix Converter Price by Company (2020-2025) & (US$/Unit)
Table 10. Key Manufacturers Matrix Converter Manufacturing Base and Headquarters
Table 11. Key Manufacturers Matrix Converter Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Matrix Converter
Table 13. Global Matrix Converter Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Matrix Converter as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Matrix Converter Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Matrix Converter Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Matrix Converter Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Matrix Converter Sales Market Share in Value by Type (2020-2025)
Table 20. Global Matrix Converter Sales Market Share in Value by Type (2026-2031)
Table 21. Global Matrix Converter Sales Volume by Type: 2020 VS 2024 VS 2031 (K Units)
Table 22. Global Matrix Converter Sales Volume by Type (2020-2025) & (K Units)
Table 23. Global Matrix Converter Sales Volume by Type (2026-2031) & (K Units)
Table 24. Global Matrix Converter Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Matrix Converter Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Matrix Converter Price by Type (2020-2025) & (US$/Unit)
Table 27. Global Matrix Converter Price by Type (2026-2031) & (US$/Unit)
Table 28. Global Matrix Converter Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Matrix Converter Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Matrix Converter Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Matrix Converter Sales Market Share in Value by Application (2020-2025)
Table 32. Global Matrix Converter Sales Market Share in Value by Application (2026-2031)
Table 33. Global Matrix Converter Sales Volume by Application: 2020 VS 2024 VS 2031 (K Units)
Table 34. Global Matrix Converter Sales Volume by Application (2020-2025) & (K Units)
Table 35. Global Matrix Converter Sales Volume by Application (2026-2031) & (K Units)
Table 36. Global Matrix Converter Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Matrix Converter Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Matrix Converter Price by Application (2020-2025) & (US$/Unit)
Table 39. Global Matrix Converter Price by Application (2026-2031) & (US$/Unit)
Table 40. Global Matrix Converter Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Matrix Converter Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Matrix Converter Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Matrix Converter Sales Value by Region (2020-2025) & (%)
Table 44. Global Matrix Converter Sales Value by Region (2026-2031) & (%)
Table 45. Global Matrix Converter Sales Volume by Region (K Units): 2020 VS 2024 VS 2031
Table 46. Global Matrix Converter Sales Volume by Region (2020-2025) & (K Units)
Table 47. Global Matrix Converter Sales Volume by Region (2026-2031) & (K Units)
Table 48. Global Matrix Converter Sales Volume by Region (2020-2025) & (%)
Table 49. Global Matrix Converter Sales Volume by Region (2026-2031) & (%)
Table 50. Global Matrix Converter Average Price by Region (2020-2025) & (US$/Unit)
Table 51. Global Matrix Converter Average Price by Region (2026-2031) & (US$/Unit)
Table 52. Key Countries/Regions Matrix Converter Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Matrix Converter Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Matrix Converter Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Matrix Converter Sales Volume, (2020-2025) & (K Units)
Table 56. Key Countries/Regions Matrix Converter Sales Volume, (2026-2031) & (K Units)
Table 57. Yaskawa Company Information
Table 58. Yaskawa Introduction and Business Overview
Table 59. Yaskawa Matrix Converter Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 60. Yaskawa Matrix Converter Product Offerings
Table 61. Yaskawa Recent Development
Table 62. Fuji Electric Company Information
Table 63. Fuji Electric Introduction and Business Overview
Table 64. Fuji Electric Matrix Converter Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 65. Fuji Electric Matrix Converter Product Offerings
Table 66. Fuji Electric Recent Development
Table 67. Key Raw Materials Lists
Table 68. Raw Materials Key Suppliers Lists
Table 69. Matrix Converter Downstream Customers
Table 70. Matrix Converter Distributors List
Table 71. Research Programs/Design for This Report
Table 72. Key Data Information from Secondary Sources
Table 73. Key Data Information from Primary Sources
List of Figures
Figure 1. Matrix Converter Product Picture
Figure 2. Global Matrix Converter Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Matrix Converter Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Matrix Converter Sales Volume (2020-2031) & (K Units)
Figure 5. Global Matrix Converter Sales Price (2020-2031) & (US$/Unit)
Figure 6. Matrix Converter Report Years Considered
Figure 7. Global Matrix Converter Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Matrix Converter Players Sales Volume Ranking (2024) & (K Units)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Matrix Converter Revenue in 2024
Figure 10. Matrix Converter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Low Voltage Converter Picture
Figure 12. Medium Voltage Converter Picture
Figure 13. Global Matrix Converter Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Matrix Converter Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Matrix Converter Sales Volume by Type (2020 VS 2024 VS 2031) & (K Units)
Figure 16. Global Matrix Converter Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Matrix Converter Price by Type (2020-2031) & (US$/Unit)
Figure 18. Product Picture of General-purpose Machinery
Figure 19. Product Picture of HVAC and Compressors
Figure 20. Product Picture of Cranes and Hoists
Figure 21. Product Picture of Pumps and Fans
Figure 22. Product Picture of Oil & gas
Figure 23. Product Picture of New Energy
Figure 24. Product Picture of Others
Figure 25. Global Matrix Converter Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 26. Global Matrix Converter Sales Value Market Share by Application, 2024 & 2031
Figure 27. Global Matrix Converter Sales Volume by Application (2020 VS 2024 VS 2031) & (K Units)
Figure 28. Global Matrix Converter Sales Volume Market Share by Application, 2024 & 2031
Figure 29. Global Matrix Converter Price by Application (2020-2031) & (US$/Unit)
Figure 30. North America Matrix Converter Sales Value (2020-2031) & (US$ Million)
Figure 31. North America Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 32. Europe Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 33. Europe Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 34. Asia Pacific Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 35. Asia Pacific Matrix Converter Sales Value by Region (%), 2024 VS 2031
Figure 36. South America Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 37. South America Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 38. Middle East & Africa Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 39. Middle East & Africa Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 40. Key Countries/Regions Matrix Converter Sales Value (%), (2020-2031)
Figure 41. Key Countries/Regions Matrix Converter Sales Volume (%), (2020-2031)
Figure 42. United States Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 43. United States Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 44. United States Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 45. Europe Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 46. Europe Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 47. Europe Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 48. China Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 49. China Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 50. China Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 51. Japan Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 52. Japan Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 53. Japan Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 54. South Korea Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 55. South Korea Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 56. South Korea Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 57. Southeast Asia Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 58. Southeast Asia Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 59. Southeast Asia Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 60. India Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 61. India Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 62. India Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 63. Matrix Converter Industrial Chain
Figure 64. Matrix Converter Manufacturing Cost Structure
Figure 65. Channels of Distribution (Direct Sales, and Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Figure 68. Key Executives Interviewed
Table 1. Matrix Converter Market Trends
Table 2. Matrix Converter Market Drivers & Opportunity
Table 3. Matrix Converter Market Challenges
Table 4. Matrix Converter Market Restraints
Table 5. Global Matrix Converter Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Matrix Converter Revenue Market Share by Company (2020-2025)
Table 7. Global Matrix Converter Sales Volume by Company (2020-2025) & (K Units)
Table 8. Global Matrix Converter Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Matrix Converter Price by Company (2020-2025) & (US$/Unit)
Table 10. Key Manufacturers Matrix Converter Manufacturing Base and Headquarters
Table 11. Key Manufacturers Matrix Converter Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Matrix Converter
Table 13. Global Matrix Converter Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Matrix Converter as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Matrix Converter Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Matrix Converter Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Matrix Converter Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Matrix Converter Sales Market Share in Value by Type (2020-2025)
Table 20. Global Matrix Converter Sales Market Share in Value by Type (2026-2031)
Table 21. Global Matrix Converter Sales Volume by Type: 2020 VS 2024 VS 2031 (K Units)
Table 22. Global Matrix Converter Sales Volume by Type (2020-2025) & (K Units)
Table 23. Global Matrix Converter Sales Volume by Type (2026-2031) & (K Units)
Table 24. Global Matrix Converter Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Matrix Converter Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Matrix Converter Price by Type (2020-2025) & (US$/Unit)
Table 27. Global Matrix Converter Price by Type (2026-2031) & (US$/Unit)
Table 28. Global Matrix Converter Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Matrix Converter Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Matrix Converter Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Matrix Converter Sales Market Share in Value by Application (2020-2025)
Table 32. Global Matrix Converter Sales Market Share in Value by Application (2026-2031)
Table 33. Global Matrix Converter Sales Volume by Application: 2020 VS 2024 VS 2031 (K Units)
Table 34. Global Matrix Converter Sales Volume by Application (2020-2025) & (K Units)
Table 35. Global Matrix Converter Sales Volume by Application (2026-2031) & (K Units)
Table 36. Global Matrix Converter Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Matrix Converter Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Matrix Converter Price by Application (2020-2025) & (US$/Unit)
Table 39. Global Matrix Converter Price by Application (2026-2031) & (US$/Unit)
Table 40. Global Matrix Converter Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Matrix Converter Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Matrix Converter Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Matrix Converter Sales Value by Region (2020-2025) & (%)
Table 44. Global Matrix Converter Sales Value by Region (2026-2031) & (%)
Table 45. Global Matrix Converter Sales Volume by Region (K Units): 2020 VS 2024 VS 2031
Table 46. Global Matrix Converter Sales Volume by Region (2020-2025) & (K Units)
Table 47. Global Matrix Converter Sales Volume by Region (2026-2031) & (K Units)
Table 48. Global Matrix Converter Sales Volume by Region (2020-2025) & (%)
Table 49. Global Matrix Converter Sales Volume by Region (2026-2031) & (%)
Table 50. Global Matrix Converter Average Price by Region (2020-2025) & (US$/Unit)
Table 51. Global Matrix Converter Average Price by Region (2026-2031) & (US$/Unit)
Table 52. Key Countries/Regions Matrix Converter Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Matrix Converter Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Matrix Converter Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Matrix Converter Sales Volume, (2020-2025) & (K Units)
Table 56. Key Countries/Regions Matrix Converter Sales Volume, (2026-2031) & (K Units)
Table 57. Yaskawa Company Information
Table 58. Yaskawa Introduction and Business Overview
Table 59. Yaskawa Matrix Converter Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 60. Yaskawa Matrix Converter Product Offerings
Table 61. Yaskawa Recent Development
Table 62. Fuji Electric Company Information
Table 63. Fuji Electric Introduction and Business Overview
Table 64. Fuji Electric Matrix Converter Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 65. Fuji Electric Matrix Converter Product Offerings
Table 66. Fuji Electric Recent Development
Table 67. Key Raw Materials Lists
Table 68. Raw Materials Key Suppliers Lists
Table 69. Matrix Converter Downstream Customers
Table 70. Matrix Converter Distributors List
Table 71. Research Programs/Design for This Report
Table 72. Key Data Information from Secondary Sources
Table 73. Key Data Information from Primary Sources
List of Figures
Figure 1. Matrix Converter Product Picture
Figure 2. Global Matrix Converter Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Matrix Converter Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Matrix Converter Sales Volume (2020-2031) & (K Units)
Figure 5. Global Matrix Converter Sales Price (2020-2031) & (US$/Unit)
Figure 6. Matrix Converter Report Years Considered
Figure 7. Global Matrix Converter Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Matrix Converter Players Sales Volume Ranking (2024) & (K Units)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Matrix Converter Revenue in 2024
Figure 10. Matrix Converter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Low Voltage Converter Picture
Figure 12. Medium Voltage Converter Picture
Figure 13. Global Matrix Converter Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Matrix Converter Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Matrix Converter Sales Volume by Type (2020 VS 2024 VS 2031) & (K Units)
Figure 16. Global Matrix Converter Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Matrix Converter Price by Type (2020-2031) & (US$/Unit)
Figure 18. Product Picture of General-purpose Machinery
Figure 19. Product Picture of HVAC and Compressors
Figure 20. Product Picture of Cranes and Hoists
Figure 21. Product Picture of Pumps and Fans
Figure 22. Product Picture of Oil & gas
Figure 23. Product Picture of New Energy
Figure 24. Product Picture of Others
Figure 25. Global Matrix Converter Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 26. Global Matrix Converter Sales Value Market Share by Application, 2024 & 2031
Figure 27. Global Matrix Converter Sales Volume by Application (2020 VS 2024 VS 2031) & (K Units)
Figure 28. Global Matrix Converter Sales Volume Market Share by Application, 2024 & 2031
Figure 29. Global Matrix Converter Price by Application (2020-2031) & (US$/Unit)
Figure 30. North America Matrix Converter Sales Value (2020-2031) & (US$ Million)
Figure 31. North America Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 32. Europe Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 33. Europe Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 34. Asia Pacific Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 35. Asia Pacific Matrix Converter Sales Value by Region (%), 2024 VS 2031
Figure 36. South America Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 37. South America Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 38. Middle East & Africa Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 39. Middle East & Africa Matrix Converter Sales Value by Country (%), 2024 VS 2031
Figure 40. Key Countries/Regions Matrix Converter Sales Value (%), (2020-2031)
Figure 41. Key Countries/Regions Matrix Converter Sales Volume (%), (2020-2031)
Figure 42. United States Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 43. United States Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 44. United States Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 45. Europe Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 46. Europe Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 47. Europe Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 48. China Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 49. China Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 50. China Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 51. Japan Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 52. Japan Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 53. Japan Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 54. South Korea Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 55. South Korea Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 56. South Korea Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 57. Southeast Asia Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 58. Southeast Asia Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 59. Southeast Asia Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 60. India Matrix Converter Sales Value, (2020-2031) & (US$ Million)
Figure 61. India Matrix Converter Sales Value by Type (%), 2024 VS 2031
Figure 62. India Matrix Converter Sales Value by Application (%), 2024 VS 2031
Figure 63. Matrix Converter Industrial Chain
Figure 64. Matrix Converter Manufacturing Cost Structure
Figure 65. Channels of Distribution (Direct Sales, and Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Figure 68. Key Executives Interviewed
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