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There are xx businesses in the Electrical Component Manufacturing industry in the US, which is expected to grow at xx% over the next five years. 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.
Curious about what drives these trends? IBISWorld's Electrical Component Manufacturing in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 948 Electrical Component Manufacturing in the US businesses as of 2026, an increase of 1.2% from 2025.
The number of Electrical Component Manufacturing in the US businesses has grown 1.5% per year on average over the five years between 2021 and 2026.
See our full analysis of the Electrical Component Manufacturing in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Electrical Component Manufacturing in the US has high market share concentration and the largest business is Schneider Electric Se.