Global Power Supply Market, By Output Power (Low, Medium, High), By Type (AC-DC, DC-DC), By Vertical (Telecommunications, Consumer Electronics, Medical & Healthcare, Military & Aerospace, Transportation, Lighting, Food & Beverages, Industrial), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Market Analysis: Global Power Supply Market
The Global Power Supply Market is expected to rise from its initial estimated value of USD 26.67 billion in 2018 to an estimated value of USD 43.81 billion by 2026, registering a CAGR of 6.4% in the forecast period of 2019-2026. This trend can be attributed to the rising demand for energy efficiency monitoring devices or applications.
Market Definition:Global Power Supply Market
Power Supply is electronic equipment that 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. Some of these power supplies are built into the electrical appliances and some are installed separately so that the appliances do not suffer any electrical faults.
- The demand for energy monitoring and efficiency devices has been rising and that is expected to drive the market growth
- Growing adoptions and requirements of these devices in healthcare market and devices is also expected to drive the market growth
- Surge in endorsement of HVDC (High-Voltage Direct Current) and other sustainable power sources is expected to restrain the market growth
- Stringent regulations set forth by the authorities from the different regions about the specific designs and modifications for the products is also expected to act as a restraint for the market growth
Segmentation: Global Power Supply Market
- By Output Power
- By Type
- Alternate Current-Direct Current (AC-DC)
- Direct Current-Direct Current (DC-DC)
- By Vertical
- Consumer Electronics
- Medical & Healthcare
- Military & Aerospace
- Food & Beverages
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Competitive Analysis: Global Power Supply Market
The Global Power Supply Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of power supply market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Power Supply Market
Few of the major market competitors currently working in the Power Supply Market are 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 Power System Solutions, FSP GROUP, MTM Power Messtechnik Mellenbach GmbH., Power Systems & Controls Inc., and Acopian Technical Company.
Research Methodology: Global Power Supply Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved