Converter Modules Market Research Report - Global Forecast till 2025 Converter Modules Market | Page 6

Key Players:
MRFR has identified a few companies as prominent players in the global converter modules
market. These include Delta Electronics, Inc. (Taiwan), ROHM Semiconductor (Japan),
STMicroelectronics (Switzerland), Renesas Electronics Corporation (Japan), Texas Instruments
Incorporated (US), ABB Ltd (Switzerland), Mitsubishi Electric Corporation (Japan), Flex Ltd.
(US), Advantech Co., Ltd (Taiwan), Murata Manufacturing Co., Ltd (Japan), RECOM Power
GmbH (Austria), FUJITSU (Japan, TAMURA Corporation (Japan), and Würth Elektronik GmbH
& Co. KG (Germany).
The major players in this market have adopted the strategies such as geographic expansion,
product launch, collaboration, and mergers & acquisitions. The growth of the market vendors
is dependent on the market conditions, government support, and industry development.
Thus, the vendors should focus on expanding, geographically and improving the services.