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World - Static Converters - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Aug 1, 2024

World - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 5, 2024

Best Import Markets for Static Converters

Static converters are essential components in numerous electrical systems, used to convert one form of electrical energy to another. As the demand for electronics and electrical equipment continues to grow worldwide, the market for static converters is also expanding rapidly. In this article, we will explore the top import markets for static converters around the world, based on data from the IndexBox market intelligence platform.

1. United States

The United States is the world's largest importer of static converters, with an import value of 17.6 billion USD in 2023. The country's strong demand for electronic devices and equipment, coupled with its advanced technology and manufacturing sector, make it a key market for static converters.

2. Germany

Germany ranks second in the world in terms of static converter imports, with a total import value of 10.6 billion USD in 2023. The country's robust industrial base and high-tech manufacturing sector drive demand for static converters to power a wide range of machinery and equipment.

3. Netherlands

The Netherlands is another major import market for static converters, with an import value of 8.4 billion USD in 2023. The country's strategic location in Europe, along with its strong trade ties and logistics infrastructure, make it an attractive destination for static converter imports.

4. China

China, the world's manufacturing powerhouse, is also a significant importer of static converters, with an import value of 7.5 billion USD in 2023. The country's booming electronics industry and growing consumer demand for electrical appliances drive the need for static converters to power these devices.

5. Mexico

Mexico is a key import market for static converters, with an import value of 3.7 billion USD in 2023. The country's strong industrial base, particularly in the automotive and electronics sectors, fuels demand for static converters to support manufacturing operations.

6. Hong Kong SAR

Hong Kong SAR is a major hub for trade and commerce in Asia, making it an important market for static converter imports. The country imported 3.4 billion USD worth of static converters in 2023, driven by its role as a key player in the global supply chain.

7. Italy

Italy is a significant importer of static converters, with an import value of 3.2 billion USD in 2023. The country's diverse industrial base, which includes sectors such as automotive, machinery, and electronics, creates a strong demand for static converters for various applications.

8. France

France is also a major import market for static converters, with an import value of 3.1 billion USD in 2023. The country's advanced manufacturing sector and strong emphasis on innovation drive demand for static converters to power a wide range of electronic devices and equipment.

9. Japan

Japan, known for its high-tech manufacturing sector and advanced electronics industry, is a significant importer of static converters. The country imported 3.0 billion USD worth of static converters in 2023, reflecting its strong demand for these essential components.

10. United Kingdom

The United Kingdom rounds out the list of the world's top import markets for static converters, with an import value of 2.6 billion USD in 2023. The country's well-developed industrial base and strong consumer electronics market make it a key destination for static converter imports.

Overall, the global market for static converters is thriving, driven by the increasing demand for electronic devices and equipment across various industries. The top import markets highlighted in this article play a crucial role in meeting this demand and ensuring the smooth functioning of electrical systems worldwide.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global static converter market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27115023 -
  • Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
  • Prodcom 27115033 - Accumulator chargers
  • Prodcom 27115035 -
  • Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
  • Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
  • Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
  • Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
  • Prodcom 27904130 -
  • Prodcom 27904140 -
  • Prodcom 27904153 -
  • Prodcom 27904155 -
  • Prodcom 27904170 -
  • Prodcom 27904190 -

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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