U.K. Industrial Power Supply Market – Industry Trends and Forecast to 2030

U.K. Industrial Power Supply Market Analysis and Size

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.

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.

Market Definition

The U.K. industrial power supply market pertains to the intricate network of processes, systems, and stakeholders responsible for delivering essential electrical energy to support the operational requirements of the nation's industrial sector. This encompasses the generation of electricity from diverse sources such as traditional fuels and renewable alternatives, the efficient transmission of this energy over vast distances, and its subsequent distribution through local networks to industrial facilities and manufacturing units. Central to this market are the industrial consumers themselves, encompassing a wide array of businesses and enterprises reliant on electrical power for their machinery, processes, and overall operations. Regulated by governmental guidelines and standards, this market is characterized by its evolving landscape driven by technological advancements, sustainability goals, and the dynamic interplay between supply and demand. As the U.K. industrial power supply market continues to adapt and innovate, it plays a pivotal role in driving economic productivity, fostering innovation, and shaping the industrial landscape of the nation

U.K. Industrial Power Supply Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:

Drivers

• Growing Adoption of Renewable Energy Sources in Industrial Operations

The growing adoption of renewable energy sources in industrial operations is driving a significant transformation in the U.K. industrial power supply market. As the world moves towards a more sustainable future, industrial businesses in the U.K. are increasingly recognizing the benefits of transitioning from traditional fossil fuels to renewable alternatives. As a result, the demand for renewable energy solutions in the industrial sector is experiencing a remarkable upsurge, creating new opportunities and challenges for the U.K. industrial power supply market. In this dynamic landscape, the integration of renewable energy technologies is poised to play a pivotal role in shaping the future of industrial power supply in the U.K.

• Increasing Demand for Energy-Efficient Power Supply Devices in 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.

Opportunity

• Modernization of power supply infrastructure

The modernization of power supply infrastructure brings exciting opportunities for the U.K. industrial power supply market. Upgrading and improving the way electricity is delivered allows companies to be more efficient, reliable, and environmentally friendly. This advancement positions the U.K. to attract investment, create jobs, and stay competitive in the evolving energy landscape.

Restraint/Challenge

• Fluctuating energy prices

Fluctuating energy prices can act as a significant restraint for the U.K. industrial power supply market in the following ways:

• Cost Uncertainty: Fluctuating energy prices make it challenging for industrial businesses to predict and budget their energy expenses accurately. The volatility in energy costs can lead to uncertainty in operational costs, affecting overall financial planning and profitability
• Budget Constraints: Industries often plan their budgets based on assumptions about energy prices. When energy costs fluctuate unexpectedly, businesses may find it challenging to align their budgeted energy expenditures with actual costs, potentially straining financial resources

Post-COVID-19 Impact on U.K. Industrial Power Supply Market

The industrial power supply industry noted a gradual decrease in demand due to the lockdown and COVID-19 governmental laws, as manufacturing facilities and services were closed. Even private and public development was called off. Moreover, the industry was also affected by the halt of the supply chain especially of raw materials used in the manufacturing process of industrial power supply. Stringent government regulations for different industries and restrictions on trade & transportation were some of the top factors that cause a dent in the growth of the market for Industrial power supply around the world in 2020 and the first two quarters of 2021. As Optical Measurement production slowed down owing to the restrictions by governments across the globe, the production was not meeting the demand in the first three quarters of 2020. Moreover, high demand/requirement for Industrial power supply products in the automotive and defense industries, in the medical sector, and hydraulics applications has been witnessed. The resumed production of the automotive and food industry and other industries; further fuelled the rising demand for Industrial power supply across the globe. Thus, this not only led to a hike in demand but also increased the cost of the product.

Recent Developments

• 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.

U.K. Industrial Power Supply Market Scope

U.K. industrial power supply market is segmented on the basis of power type, type, component, output power, sales channel, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Power Type

• Ac to Dc
• Dc to Dc

On the basis of power type, the U.K. industrial power supply market is segmented into AC to DC and AC to DC.

Type

• Linearly Regulated Power Supply
• Switching Power Supply
• Unregulated Power Supply

On the basis of type, the U.K. industrial power supply market is segmented into linearly regulated power supply, switching power supply, and unregulated power supply.

Component

• Transformer
• Voltage Regulator
• Rectifier
• Filters
• Others

On the basis of component, the U.K. industrial power supply market is segmented into 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)
• Very High Output (Above 75KW)

On the basis of output power, the U.K. industrial power supply market is segmented into 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
• In-Direct

On the basis of sales channel, the U.K. industrial power supply market is segmented into 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
• Others

On the basis of end user, the U.K. industrial power supply 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.

U.K. Industrial Power Supply Market Regional Analysis/Insights

U.K. industrial power supply market is analysed and market size insights and trends are provided by country, power type, type, component, output power, sales channel, and end user as referenced above.

The countries covered in the Industrial power supply market report are U.K.

U.K. industrial power supply market is growing as U.K. has exhibited noteworthy strengths that have contributed to its significant influence in this sector

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and U.K. Industrial Power Supply Market Share Analysis

U.K. industrial power supply market competitive landscape provides details of the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, U.K presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to U.K. industrial power supply market.

Some of the major players operating in the U.K. industrial power supply market are 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), and XP Power (Singapore) among others.

SKU-70205