Press Release

Sep, 04 2023

Growing Adoption of Renewable Energy Sources in Industrial Operations is a Driving Factor for U.K. Industrial Power Supply Market

The U.K. industrial power supply market refers to the sector within the United Kingdom's economy that caters to the provision of electrical power solutions tailored for industrial facilities and operations. This market encompasses a wide range of products and services focused on power generation, distribution, and control to meet the specific demands of manufacturing plants, factories, warehouses, and other industrial sites. Key components of the market include power generation equipment like gas turbines, diesel generators, and renewable energy sources, power distribution systems such as transformers and switchgear, power control and monitoring equipment like motor control centers and programmable logic controllers, and energy storage solutions like batteries. Additionally, the market includes services for installation, maintenance, and project management related to industrial power supply systems. Factors influencing this market include industrial growth, energy policies, technological advancements, and environmental sustainability concerns.

Access Full Report @ https://www.databridgemarketresearch.com/reports/uk-industrial-power-supply-market

Data Bridge Market Research analyses that the U.K. Industrial Power Supply Market is expected to grow at a CAGR of 4.9% in the forecast period of 2023 to 2030 and is expected to reach USD 312,643.85 thousand by 2030. Industrial power supply market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Key Findings of the Study

U.K. Industrial Power Supply Market

Increasing Demand for Energy-Efficient Power Supply Devices for Industrial Sector

The industrial sector is one of the major consumers of electrical power, using it for various processes, machinery, and equipment. However, with the growing concern about environmental sustainability and the need to reduce greenhouse gas emissions, there has been a significant push towards energy efficiency and conservation in all industries, including manufacturing and other industrial operations.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in Thousand, Pricing in USD

Segments Covered

Power Type (AC to DC and DC to DC), Type (Linearly Regulated Power Supply, Switching Power Supply, and Unregulated Power Supply), Component (Transformer, Voltage Regulator, Rectifier, Filters, and Others), Output Power (Very Low Output (Up to 500 W), Low Output (500W-1,000W), Medium Output (1,0001W-10KW), High Output (11KW-75KW), and Very High Output (Above 75KW)), Sales Channel (Direct and In-Direct), End User (Chemical & Petrochemical, Food & Beverages, Manufacturing, Metal & Mining, Automotive, Transportation, Semiconductor & Electronics, Military & Aerospace, Oil & Gas, Robotics, Energy & Utility, IT & Telecommunication, Medical & Healthcare, and Others)

Country Covered

U.K.

Market Players Covered

Delta Electronics, Inc. (Taiwan), Pepperl+Fuchs (Germany), Hitachi Energy Ltd. (Switzerland), TDK Corporation (Japan), Siemens (Germany), ABB (Switzerland), Murata Manufacturing Co., Ltd (Japan), Advanced Energy Industries, Inc (U.S.), Traco Electronic AG (Switzerland), XP Power (Singapore), among others.

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework

Segment Analysis:

The U.K. industrial power supply market is segmented into six notable segments on the basis of power type, type, component, output power, sales channel, and end user.

  • On the basis of power type, the market is segmented into AC to DC and DC to DC. In 2023, the AC to DC segment is expected to dominate the market with market share of 81.77%.
  • On the basis of type, the market is segmented into linearly regulated power supply, switching power supply, and unregulated power supply.

In 2023, the linearly regulated power supply segment is expected to dominate the U.K. industrial power supply market

     In 2023, the linearly regulated power supply segment is expected to dominate the market with market share of 59.43%.

  • On the basis of component, the market is segmented into transformer, voltage regulator, rectifier, filters, and others. In 2023, the transformer segment is expected to dominate the market with market share of 37.65%.
  • On the basis of output power, the market is segmented into very low output (up to 500 W), low output (500W-1,000W), medium output (1,001W-10KW), high output (11KW-75KW), and very high output (above 75KW).

In 2023, the very low output (up to 500 W) segment is expected to dominate the U.K. industrial power supply market

 In 2023, the very low output (up to 500 W) segment is expected to dominate the market with market share of 44.51%.

  • On the basis of sales channel, the market is segmented into direct and in-direct. In 2023, the direct segment is expected to dominate the market with market share of 75.45%.
  • On the basis of end user, the market is segmented into Chemical  & petrochemical, food & beverages, manufacturing, metal & mining, automotive, transportation, semiconductor & electronics, military & aerospace, oil & gas, robotics, energy & utility, IT & telecommunication, medical & healthcare, and others.

In 2023, the chemical & petrochemical segment is expected to dominate the market with market share of 18.97%.

Major Players

Data Bridge Market Research recognizes the following companies as the major key players in the U.K. industrial power supply market are Delta Electronics, Inc., Pepperl+Fuchs, Hitachi Energy Ltd., TDK Corporation., Siemens, ABB, Murata Manufacturing Co., Ltd, Advanced Energy Industries, Inc, Traco Electronic AG, and XP Power among others.

U.K. Industrial Power Supply Market

Market Development

  • In May 2023, Murata Manufacturing Co., Ltd introduced the EVA series of multi-layer ceramic capacitors (MLCCs) with advanced resin molding capabilities, designed for electric vehicle (EV) applications like on-board chargers, inverters, battery management systems, and wireless power transfer. These safety-certified Y2 class MLCCs feature 305VAC/1500VDC voltage ratings, 10mm creepage distances, and capacitance values ranging from 0.1nF to 4.7nF, addressing the demands of migration to 800V powertrains while maintaining miniaturization in modern automotive systems. The use of resin molding allows these compact components to achieve both extended creepage and compactness, ensuring long-term reliability in EV powertrains with higher voltages.
  • In March 2023, Delta Electronics, Inc. showcased its industrial power supplies and wireless charging solutions for autonomous mobile robots (AMRs) at the Taipei International Machine Tool Show (TIMTOS) Future Manufacturing Forum. They presented the low-profile panel mount power supply PMT2 Series and the ultra-slim DIN rail type LYTE II Series for industrial power needs. Additionally, Delta introduced the M∞Vair 1 kW Wireless Charging System for AMRs and AGVs, highlighting their commitment to smart factory operations and efficient solutions.
  • In February 2023, XP Power launches the FCB100 series of AC-DC power supplies, certified for medical, ITE, and household standards. With Class I & II operations, and Class B conducted and radiated emissions, the open frame modules suit medical, home healthcare, test & measurement, broadcast, networking, communications, and industrial equipment applications. This helped the company to cater to a greater number of customers.
  • In February 2023, Hitachi Energy Ltd. introduces the next-generation TXpert Hub, an advanced solution for digitalizing transformers. The TXpert Hub aggregates and analyzes data from digital sensors to optimize performance, extend lifespan, and reduce costs, backed by Hitachi Energy's 30 years of innovative expertise. With enhanced connectivity and cybersecurity, this ecosystem simplifies digitalization for all types of transformers, facilitating efficient, reliable, and safe electricity networks to meet the demands of the energy transition.
  • In January 2022, TDK Corporation introduced new compact transformers that offer optimal impedance matching between various circuits. These transformers are designed to ensure efficient performance and reliable signal transmission in electronic devices and applications. The compact size makes them suitable for space-constrained environments, providing a practical solution for modern electronics.

For more detailed information about the U.K. industrial power supply market report, click here – https://www.databridgemarketresearch.com/reports/uk-industrial-power-supply-market


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