The Global Power Supply Market is expected to rise from its initial estimated value of USD 26.67 billion in 2019 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.
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.
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Major Key players profiled in this report 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.
Power Supply Market report makes your organization up to date with the profound knowledge of the global, regional and local market statistics. This report comprises of most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. Furthermore, it endows with historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. This market research report contains several parameters which are thoroughly studied by the experts. The report provides company profiling of key players in the Semiconductors industry, carefully analyzing their core competencies, and drawing a competitive landscape for the market.
Major Market Drivers:
- 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
Market 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
- Rest of South America
- United Kingdom
- South Korea
Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
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.
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