Market Highlights:
Matrix Converter are generally reliable for handling variable voltages and variable frequencies drives. It is used for direct AC to AC converter that motoring and regenerative power flow capability. Graphic processor market is expected to mark significant growth over forecasted period owing to increasing consumers spending on various applications such are escalators, cranes & others. Matrix Converter allows users to provide low internal inductance, slightly modifying existing IGBT module and output. This result in rising popularity of bidirectional switches that control current flow in two directions between the power grid and a motor platforms, increasing demand of portable devices, escalating need for high-speed cellular networks, and growing popularity of cloud computing may trigger demand and help in industry expansion. The market study is being classified by Type (CMC Matrix Converter and IMC Matrix Converter), by Application (General Industrial Machines, Fans, Pumps, Cranes, Elevators, Escalators and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Matrix Converter are Fuji Eletric (Japan), Yaskawa (Japan), ABB (Switzerland), Mitsubishi Electric (Japan), Hitachi Electric (Japan), Siemens Electric (Germany), Toyo Electric (Japan), Samsung (South Korea), Hyundai (South Korea), ARVI Systems & Controls (India), Bonfiglioli Transmissions (Italy) and Riello PCI (India).

The Sales Channel, such as OEMs, is boosting the Matrix Converter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

In July 2018, Yaskawa Electric Corporation launched a Matrix Converter U1000 which is beneficial in providing various instruments that are operated on a ship that including hydraulic pumps, compressors and cranes.

Key Questions Answered in the Report
What will the Matrix Converter Market size and the growth rate be in Future?
What are the key factors driving the Matrix Converter Market?
What are the key market trends and macro-economic impacting the growth of the Matrix Converter Market?
What are the challenges to market growth?
Who are the key vendors in the Matrix Converter Market?
What are the market opportunities and threats faced by the vendors in the Matrix Converter Market?
Trending factors influencing the market shares of the Players.
What are the key outcomes of the five forces analysis of the Matrix Converter Market?

Refer complete Table of Content of Matrix Converter Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Matrix Converter market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Matrix Converter market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Matrix Converter Manufacturers, Matrix Converter Traders, End-Use Market Participants of Different Segments of Matrix Converter, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.