According to IMARC Group latest report titled” DC Power Supplies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of around US$ 400 Million in 2020. The Global DC Power Supplies Market size to grow at a CAGR of 4.8% during 2021-2026. Direct current (DC) power supply refers to an integrated circuit that offers a constant and reliable power supply to electronic modules. They are generally available in two variants, namely switching and linear power supply. The switching variants are lightweight and compact, provide higher power efficiency and can be used effectively for high, medium and low output devices. On the other hand, linear power supply uses large transformers to decrease the voltage to alternating current (AC) and convert it to DC voltage. DC power supplies provide several benefits, such as repeatable power on and off with minimal input problems and higher readback accuracy, thereby minimizing the need for external meters, shunts, and switching calibration.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Market Trends:
The escalating demand for energy-efficient power supplies for consumer electronics and the growing penetration of automation trends across various industries are primarily propelling the market growth. Moreover, the increasing adoption of wireless communication systems in numerous sectors, such as aerospace, defense, and telecommunications, is also augmenting the product demand. They are also used to evaluate car batteries, fuel cells, charging stations and digital interfaces. Various smart devices, such as laptops, smartphones and tablets, rely on DC power supplies to maintain a constant voltage supply, which will continue to augment their demand on a global level in the coming years.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Acopian Technical Company
- Ametek Inc.
- B&K Precision Corporation
- Chroma ATE Inc.
- Good Will Instrument Co. Ltd.
- Keysight Technologies Inc.
- Magna-Power Electronics Inc.
- MEAN WELL Enterprises Co. Ltd.
- Rohde & Schwarz GmbH & Co KG
- TDK Corporation
- Tektronix Inc
DC Power Supplies Market Segmentation:
Our report has categorized the market based on region, product type, output power and application.
Market Breakup by Product Type:
- AC-DC
- DC-DC
Market Breakup by Output Power:
- Low Output (Less Than 10 kW)
- Medium Output (10–100 kW)
- High Output (Above 100 kW)
Market Breakup by Application:
- Military, Aerospace and Defense
- Automotive
- Energy
- Telecommunication
- Healthcare
- Consumer Electronics
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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