Semiconductors and Electronics

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Global Power Supply Market – Industry Trends and Forecast to 2029

  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Power Supply Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 32.46 Billion
Diagram Market Size (Forecast Year) USD 54.75 Billion
Diagram CAGR %

Global Power Supply Market, By Vertical (Telecommunications, Consumer Electronics, Medical and Healthcare, Military and Aerospace, Transportation, Lighting, Food and Beverages, Industrial), Type (Alternate Current-Direct Current (AC-DC), Direct Current-Direct Current (DC-DC)), Output Power (Low, Medium, High) - Industry Trends and Forecast to 2029

Market Analysis and Size

Power supply is gaining large attention with the increasing need for power-efficient and durable systems. AC-DC and DC-DC power supply are being deployed across various verticals such as industrial, medical, lighting, and consumer electronics, among others.

Global Power Supply Market was valued at USD 32.46 billion in 2021 and is expected to reach USD 54.75 billion by 2029, registering a CAGR of 6.75% during the forecast period of 2022-2029. Alternate Current-Direct Current (AC-DC) accounts for the largest application segment in the respective market owing to the high use for monitoring and modifying the current and voltage of electrical power. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

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. 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.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Vertical (Telecommunications, Consumer Electronics, Medical and Healthcare, Military and Aerospace, Transportation, Lighting, Food and Beverages, Industrial), Type (Alternate Current-Direct Current (AC-DC), Direct Current-Direct Current (DC-DC)), Output Power (Low, Medium, High)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

MEAN WELL Enterprises Co. Ltd. (Taiwan), TDK Corporation (Japan), Siemens AG (Germany), General Electric (US), XP Power (Singapore), Murata Manufacturing Co. Ltd. (Japan), Emerson Electric Co. (US), PHOENIX CONTACT (Germany), Delta Electronics Inc. (Taiwan), COSEL CO. LTD. (Japan), Puls Technologies Inc (US), CUI Inc (US), AcBel Polytech Inc. (Taiwan), Sea Air & Land Communications Ltd. (US), Lite-On Cloud Infrastructure Power Solutions (Taiwan), FSP GROUP (Taiwan), MTM Power Messtechnik Mellenbach GmbH. (Germany), Power Systems & Controls Inc. (US), and Acopian Technical Company (US), among others

Market Opportunities

  • Increase in requirement of power supply in medical and healthcare devices
  • Use of data centers
  • Rise in economic growth

Power Supply Market Dynamics

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

Drivers

  • Modern Energy Services

The rise in economic growth acts as one of the major factors driving the power supply market. Also, increase in the need for reducing poverty and improving the quality of life with the help of modern energy services has a positive impact on the market.

  • Internet of Things (IoT)

The rise in the applications of the Internet of Things (IoT) including smart homes, smart cities, Machine-to-Machine (M2M) communications, and Industrial IoT (IIoT), among various others accelerate the market. The rise in adoption of home and building automation systems drives the market further.

  • Timely Investment

The surge in need for long term energy safety that is timely investment to supply energy further influence the market. It offers economic development and sustainable environment across the globe. The rise in the of telecommunication sector assist in the expansion of the market.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the power supply market.

Opportunities

Furthermore, increase in requirement of power supply in medical and healthcare devices extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, use of data centers will further expand the market.

Restraints/Challenges

On the other hand, adoption of High-Voltage Direct Current (HVDC) and renewable energy sources, and various regional/country-wise regulatory and safety standards are expected to obstruct market growth. Also, stringent design considerations for input power/nonstandard AC & DC inputs are projected to challenge the power supply market in the forecast period of 2022-2029.

This power supply market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on power supply market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Power Supply Market

The COVID-19 had a negative impact on the power supply market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand power supply technology. The supply chain got hampered during the pandemic along with delay logistics activities. However, the power supply market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.

Global Power Supply Market Scope and Market Size

The power supply market is segmented on the basis of vertical, type and output power. 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.

Vertical

  • Telecommunications
  • Consumer Electronics
  • Medical and Healthcare
  • Military and Aerospace
  • Transportation
  • Lighting
  • Food and Beverages
  • Industrial

Type

  • Alternate Current-Direct Current (AC-DC)
  • Direct Current-Direct Current (DC-DC)

Output Power

  • Low
  • Medium
  • High

Power Supply Market Regional Analysis/Insights

The power supply market is analyzed and market size insights and trends are provided by country, power plants, and technologies as referred above.

The countries covered in the power supply market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the power supply market because of the increase in the adoption of these solutions within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the surge in government initiatives in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 Power Supply Market

The power supply market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global 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 power supply market.

Some of the major players operating in power supply market are

  • MEAN WELL Enterprises Co. Ltd. (Taiwan)
  • TDK Corporation (Japan)
  • Siemens AG (Germany)
  • General Electric (US)
  • XP Power (Singapore)
  • Murata Manufacturing Co. Ltd. (Japan)
  • Emerson Electric Co. (US)
  • PHOENIX CONTACT (Germany)
  • Delta Electronics Inc. (Taiwan)
  • COSEL CO. LTD. (Japan)
  • Puls Technologies Inc (US)
  • CUI Inc (US)
  • AcBel Polytech Inc. (Taiwan)
  • Sea Air & Land Communications Ltd. (US)
  • Lite-On Cloud Infrastructure Power Solutions (Taiwan)
  • FSP GROUP (Taiwan)
  • MTM Power Messtechnik Mellenbach GmbH. (Germany)
  • Power Systems & Controls Inc. (US)
  • Acopian Technical Company (US)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

Global Power Supply Market segment By Vertical such as Telecommunications, Consumer Electronics, Medical & Healthcare, Military & Aerospace, Transportation, Lighting, Food & Beverages, Industrial.
This power supply market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
The major players covered in power supply market report are 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 Cloud Infrastructure Power Solutions, FSP GROUP, MTM Power Messtechnik Mellenbach GmbH., Power Systems & Controls Inc., and Acopian Technical Company among other domestic and global players.
The market value for Power Supply Market is expected USD 54.75 billion by 2029.
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