Global Matrix Converter Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Matrix Converter market size will reach 731.96 Million USD in 2025 and is projected to reach 972.98 Million USD by 2032, with a CAGR of 4.15% (2025-2032). Notably, the China Matrix Converter market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A matrix converter is a type of power electronic converter used to convert electrical energy from one form to another, typically alternating current (AC) to AC, without the need for intermediate energy storage elements such as capacitors or inductors. Unlike traditional converters such as rectifiers and inverters, which use diodes or thyristors to control the flow of electrical energy, matrix converters utilize a matrix of semiconductor switches, such as insulated gate bipolar transistors (IGBTs), to achieve bidirectional power conversion with variable voltage and frequency capabilities. This allows matrix converters to offer advantages such as improved power quality, reduced size and weight, higher efficiency, and enhanced controllability compared to traditional converters. Matrix converters are commonly used in applications such as variable speed motor drives, renewable energy systems, and power distribution systems, where efficient and flexible power conversion is required.
The major global manufacturers of Matrix Converter include Yaskawa, Fuji Electric, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Matrix Converter. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Matrix Converter market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Matrix Converter market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Matrix Converter industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Matrix Converter Include:
Yaskawa
Fuji Electric
Matrix Converter Product Segment Include:
Low Voltage Converter
Medium Voltage Converter
Matrix Converter Product Application Include:
General-purpose Machinery
HVAC and Compressors
Cranes and Hoists
Pumps and Fans
Oil & Gas
New Energy
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Matrix Converter Industry PESTEL Analysis
Chapter 3: Global Matrix Converter Industry Porter's Five Forces Analysis
Chapter 4: Global Matrix Converter Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Matrix Converter Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Matrix Converter Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Matrix Converter Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Matrix Converter market size will reach 731.96 Million USD in 2025 and is projected to reach 972.98 Million USD by 2032, with a CAGR of 4.15% (2025-2032). Notably, the China Matrix Converter market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A matrix converter is a type of power electronic converter used to convert electrical energy from one form to another, typically alternating current (AC) to AC, without the need for intermediate energy storage elements such as capacitors or inductors. Unlike traditional converters such as rectifiers and inverters, which use diodes or thyristors to control the flow of electrical energy, matrix converters utilize a matrix of semiconductor switches, such as insulated gate bipolar transistors (IGBTs), to achieve bidirectional power conversion with variable voltage and frequency capabilities. This allows matrix converters to offer advantages such as improved power quality, reduced size and weight, higher efficiency, and enhanced controllability compared to traditional converters. Matrix converters are commonly used in applications such as variable speed motor drives, renewable energy systems, and power distribution systems, where efficient and flexible power conversion is required.
The major global manufacturers of Matrix Converter include Yaskawa, Fuji Electric, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Matrix Converter. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Matrix Converter market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Matrix Converter market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Matrix Converter industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Matrix Converter Include:
Yaskawa
Fuji Electric
Matrix Converter Product Segment Include:
Low Voltage Converter
Medium Voltage Converter
Matrix Converter Product Application Include:
General-purpose Machinery
HVAC and Compressors
Cranes and Hoists
Pumps and Fans
Oil & Gas
New Energy
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Matrix Converter Industry PESTEL Analysis
Chapter 3: Global Matrix Converter Industry Porter's Five Forces Analysis
Chapter 4: Global Matrix Converter Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Matrix Converter Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Matrix Converter Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Matrix Converter Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Matrix Converter Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Matrix Converter Product by Type
- 1.2.1 Low Voltage Converter
- 1.2.2 Medium Voltage Converter
- 1.3 Matrix Converter Product by Application
- 1.3.1 General-purpose Machinery
- 1.3.2 HVAC and Compressors
- 1.3.3 Cranes and Hoists
- 1.3.4 Pumps and Fans
- 1.3.5 Oil & Gas
- 1.3.6 New Energy
- 1.3.7 Others
- 1.4 Global Matrix Converter Market Revenue and Sales Analysis
- 1.4.1 Global Matrix Converter Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Matrix Converter Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Matrix Converter Market Sales Price Trend Analysis (2020-2032)
- 1.5 Matrix Converter Market Development Status and Trends
- 1.5.1 Matrix Converter Industry Development Status Analysis
- 1.5.2 Matrix Converter Industry Development Trends Analysis
- 2 Matrix Converter Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Matrix Converter Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Matrix Converter Market Analysis by Country
- 4.1 Global Matrix Converter Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Matrix Converter Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Matrix Converter Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Matrix Converter Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Matrix Converter Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Matrix Converter Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Matrix Converter Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Matrix Converter Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Matrix Converter Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Matrix Converter Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Matrix Converter Average Sales Price by Manufacturers (2021-2025)
- 5.2 Matrix Converter Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Matrix Converter Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Matrix Converter Market Analysis by Type
- 6.1 Global Matrix Converter Market Revenue Analysis by Type
- 6.1.1 Global Matrix Converter Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Matrix Converter Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Matrix Converter Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Matrix Converter Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Yaskawa
- 7.1.1 Yaskawa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Yaskawa Matrix Converter Product Portfolio
- 7.1.3 Yaskawa Matrix Converter Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Fuji Electric
- 7.2.1 Fuji Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Fuji Electric Matrix Converter Product Portfolio
- 7.2.3 Fuji Electric Matrix Converter Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Matrix Converter Industry Chain Analysis
- 8.2 Matrix Converter Industry Upstream Supply Analysis
- 8.2.1 Upstream Key Raw Material Supply Analysis
- 8.2.2 Raw Material Suppliers and Contact Information
- 8.3 Matrix Converter Product Downstream Application Analysis
- 8.3.1 Global Matrix Converter Revenue Market Size by Application: 2024 & 2025 & 2032
- 8.3.2 Global Matrix Converter Revenue and Forecast Analysis by Application (2020-2032)
- 8.3.3 Global Matrix Converter Sales and Forecast Analysis by Application (2020-2032)
- 8.4 Matrix Converter Typical Downstream Customers
- 8.5 Matrix Converter Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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