The global demand for Industrial Power Supply Market is presumed to reach the market size of nearly USD 26.55 BN by 2030 from USD 13.15 BN in 2022 with a CAGR of 8.12% under the study period 2023 - 2030.
Industrial power supply is a type of electronic device used to supply power to industrial machinery. Industrial power supply is frequently used to provide power to different electrical loads. The most commonly used industrial power supply type is switching power supplies, unregulated power supplies and linear power supplies.
Market Dynamics
The industrial power supply market is expected to witness growth in the forecast period due to of emerging telecom sector and increasing demand for energy-efficient power supply devices. Also, the growing sales of electric vehicles are an important driver for the industrial power supply market. Moreover, the growth of the industrial power supply market can be attributed to growing investments in energy-efficient devices in the industrial sectors and the adoption of robots across several industries. Additionally, rapid urbanization, change in lifestyle and increased consumer spending positively impact the industrial power supply market. Nevertheless, the growing demand for data centres and power supply in medical and healthcare devices will likely build growth opportunities for the players operating in the industrial power supply market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of industrial power supply. The growth and trends of industrial power supply industry provide a holistic approach to this study.
Market Segmentation
This section of the industrial power supply market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- AC – DC Converter
- DC – DC Converter
By Output Power
- Very Low Output (Up To 500 W)
- Low Output (500−1,000 W)
- Medium Output (1,000 W−10 Kw)
- High Output (10−75 Kw)
- Very High Output (75−150 Kw)
By Vertical
- Transportation
- Semiconductor
- Military & Aerospace
- Robotics
- Test & Measurement
- Industrial 3-D Printing
- Battery Charging & Test
- Laser
- Lighting
- Telecommunications
- Consumer Electronics
- Automotive
- Energy
- Food & Beverages
- Medical & Healthcare
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Industrial Power Supply market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Industrial Power Supply Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the industrial power supply market include TDK Lambda (Japan), Siemens (Germany), Delta Electronics (Taiwan), ABB (Switzerland), Murata Power Solutions (US), Bel Fuse (US), Advanced Energy (US), SynQor (US), Astrodyne TDI (US), Traco Power (Switzerland), Vicor (US), RECOM (Austria). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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