Predicting the Future: Industrial Power Supply Market Growth Forecast


Posted October 18, 2023 by DelvensUSA

The global industrial power supply market size is projected to reach USD 9.7 billion by 2026, at a CAGR of 7.10 % during the forecast period.

 
The Industrial Power Supply Market study report provides an inclusive breakdown of the Industrial Power Supply Market size across the world as regional and nation-level market size evaluation, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales examination of the financiers. Along with that, the report clarifies the foremost challenges and risks to face in the forecast period. This Industrial Power Supply Market research report gives a helpful view regarding the economic outlook of the international market. It comprises a detailed picture of the segment demonstration of the key universal players working in the market. The research analysis also prepares historical records with profit expectations during the estimated period and, the business producing of the prominent industrialists are also underlined with methodological records in the report.
Industrial Power Supply Market by Type (AC-DC and DC-DC Converter), Output Power (Very Low Output (up to 500W), Low Output(500-1,000W) Medium Output (1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Industrial Power Supply Market Overview
The global industrial power supply market size is projected to reach USD 9.7 billion by 2026, at a CAGR of 7.10 % during the forecast period.
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Power Supply is a type of electronic equipment which is used for supply of power or energy to the electric load that requires this energy for consumption and working. The main use of power supply is to monitor and modify the current and voltage of electrical power so that the correct energy can be supplied to the load.
The increasing demand for energy-efficient devices in industrial sector and surging adoption of electric vehicles worldwide are some of the factors that have supported long-term expansion for Industrial Power Supply Market.
Over the past, the power electronics industry has undergone tremendous growth. However, due to the outbreak of the COVID-19 pandemic, there is a significant impact on the power electronics industry, which is a parent market for power supplies. The most significant near-term impact on power supplies that are already contracted or under the manufacturing process may be felt through supply chains.
Industrial Power Supply Market Regional Analysis
Asia Pacific is the largest market for industrial power supply globally, followed by North America and Europe. The growth of the market in this region is mainly driven by the growing adoption of automation tools across several industries in countries such as China and Japan and the increasing sale of electric vehicles in China, Japan, and India.
Industrial Power Supply Market Key Players
• MEAN WELL Enterprises Co. Ltd.
• TDK Corporation
• Siemens AG
• General Electric
• XP Power
• Murata Manufacturing Co. Ltd.
• Emerson Electric Co.
• PHOENIX CONTACT
• Delta Electronics Inc.
• COSEL CO. LTD.
• Puls Technologies Inc
• CUI Inc
• AcBel Polytech Inc.
• Sea Air & Land Communications Ltd. Salcom.
• Lite-On Cloud Infrastructure Power Solutions
• FSP GROUP
• MTM Power Messtechnik Mellenbach GmbH.
• Power Systems & Controls Inc.
• Acopian Technical Company
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Recent Developments in The Industrial Power Supply Market
• In June 2021, TDK Lambda launched the TPF45000-385 non-isolated modular AC–DC power supply. Developed for use in distributed power architectures (DPA) and DC microgrids, the 98% highly efficient TPF45000 provides a regulated 385Vdc output with a current of up to 117A.
• In May 2021, Siemens Smart Infrastructure won a contract to supply the main control centers, based on Spectrum Power, to the Korean engineering company EntechWorld headquartered in Seoul. The end customer is the national railroad operator Korea National Railway. This contract is likely to help Korea National Railway to optimize its business and deal with the challenge of ensuring smooth, reliable operation of traction power supply and station facilities.
Reasons to Acquire Industrial Power Supply Market Rreport
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Industrial Power Supply Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
Industrial Power Supply Market is segmented into product type, output power, vertical and region.
On the basis of Product Type
AC−DC Converters
DC−DC Converters
On the basis of Output Power
Very Low Output (Up to 500 W)
Low Output (500 W−1,000 W)
Medium Output (1,000 W−10 kW)
High Output (10−75 kW)
Very High Output (75−150 kW)
On the basis of Vertical
Transportation
Semiconductor
Military & Aerospace
Robotics
Test & Measurement
Industrial 3D Printing
Battery Charging & Test
Laser
Lighting
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa

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Issued By Delvens
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Categories Business , Reports , Research
Last Updated October 18, 2023