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Power Conversion Equipment Manufacturing in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV33599

Power Conversion Equipment Manufacturing in West Virginia industry analysis

The Power Conversion Equipment Manufacturing industry in West Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x% during the same period. Industry establishments decreased an annualized -x.x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to increase an annualized x.x% to xx workers, while industry wages are forecast to increase % to $x.x thousand.

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About the Power Conversion Equipment Manufacturing in West Virginia Market Research Report

What’s Included in the Power Conversion Equipment Manufacturing in West Virginia Market Research Report

Definition of the Power Conversion Equipment Manufacturing in West Virginia?

Power conversion equipment manufacturers are companies that manufacture devices or systems that help transform electrical power from one form to another. Products offered include carbon and graphite products, laser systems, rectifiers, uninterruptible power supplies, extension and electrical equipment cords and capacitors. Customers served include manufacturers, businesses and households.

What’s included in the Power Conversion Equipment Manufacturing in West Virginia?

The Power Conversion Equipment Manufacturing in West Virginia includes manufacturing electronic systems and equipment, manufacturing carbon electrodes and contacts, manufacturing laser systems, manufacturing rectifiers, manufacturing power supplies, manufacturing appliance cords, manufacturing battery chargers, manufacturing brushes and brush stock contacts and manufacturing linear accelerators. Related terms covered in the Power Conversion Equipment Manufacturing in West Virginia industry report includes a device that maintains a continuous supply of electric power to connected equipment from a separate source when utility power is not available, such as a battery, a device used to convert a direct current produced by a fuel cell, or another source, to an alternating current, a conductor of electricity in a furnace that is used in electric arc and ladle steel furnaces and other smelting processes, such as production of titanium dioxide, an appliance designed to protect electrical devices from power surges and power spikes, a device that enables a current to flow in one (forward) direction unimpeded, but does not enable a current to flow in the other (reverse) direction, a machine that creates high-energy radiation to treat cancers, using electricity to form a stream of fast-moving subatomic particles, creative work undertaken by a company to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one and the relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.

Industry Performance of the Power Conversion Equipment Manufacturing industry in West Virginia

Benchmark the Power Conversion Equipment Manufacturing in West Virginia industry performance with all WV county and national performance.

Power Conversion Equipment Manufacturing in West Virginia

#46 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Power Conversion Equipment Manufacturing in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Power Conversion Equipment Manufacturing industry in West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, consumer spending, electric power consumption and industrial production index are impacting Power Conversion Equipment Manufacturing in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

Consumer spending
Electric power consumption
Industrial production index

For the full list of industry drivers, see report purchase options.

County Data of the Power Conversion Equipment Manufacturing industry in West Virginia

Access proprietary data on county in the Power Conversion Equipment Manufacturing in West Virginia, such as Harrison County, Braxton County and Cabell County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Power Conversion Equipment Manufacturing industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Power Conversion Equipment Manufacturing industry in West Virginia in 2025?

The market size of the Power Conversion Equipment Manufacturing industry in West Virginia is $10.4m in 2025.

How many businesses are there in the Power Conversion Equipment Manufacturing industry in West Virginia in 2025?

There are 3 businesses in the Power Conversion Equipment Manufacturing industry in West Virginia, which has been declining at an average annual rate of -9.7% from 2020 to 2025.

Has the Power Conversion Equipment Manufacturing industry in West Virginia grown or declined over the past 5 years?

The market size of the Power Conversion Equipment Manufacturing industry in West Virginia has been declining at an average annual rate of -22.3% from 2020 to 2025.

How many employees in the Power Conversion Equipment Manufacturing industry in West Virginia in 2025?

There are 12 employees in the Power Conversion Equipment Manufacturing industry in West Virginia, which has been declining at an average annual rate of -28.7% from 2020 to 2025.