MARKET INTRODUCTION
The industrial sector requires a robust power supply to address the essentials such as industrial automation, control, assembly, and test equipment. Industries often face various challenges such as ruggedized packaging applications, high peak load capabilities, high isolation voltages, and extended temperature ranges for extreme environments. Increased manufacturing activities in the automation sector and favorable government initiatives create a promising landscape for the key players operating in the industrial power supply market during the forecast period.
MARKET DYNAMICS
The industrial power supply market is anticipated to witness growth in the forecast period owing to driving factors such as the emerging telecom sector and increasing demand for energy-efficient power supply devices. However, the imposition of regulatory compliance may hinder the market growth during the forecast period. Nevertheless, the growing demand for data centers and power supply in medical and healthcare devices is likely to build growth opportunities for the players operating in the industrial power supply market in the coming years.
MARKET SCOPE
The "Global Industrial Power Supply Market Analysis to 2028" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The report aims to provide an overview of industrial power supply market with detailed market segmentation by product type, output power, industry vertical, and geography. The global industrial power supply market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial power supply market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global industrial power supply market is segmented on the basis of product type, output power, and industry vertical. Based on product type, the market is segmented as AC-DC converter, DC-AC inverter, and DC-DC converter. On the basis of the output power, the market is segmented as Up to 1000 W, 1000 W-10 kW, 10-75 kW, and 75-150 kW. The market on the basis of the industry vertical is classified as consumer electronics, transportation, food & beverages, aerospace & defense, telecom, healthcare, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial power supply market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The industrial power supply market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial power supply market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the industrial power supply market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial power supply market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from industrial power supply market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial power supply in the global market. Below mentioned is the list of few companies engaged in the industrial power supply market.
The report also includes the profiles of key industrial power supply companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Ltd.
- Amara Raja Power Systems Limited (ARPSL)
- COSEL Co., Ltd.
- CUI Inc
- Delta Electronics, Inc.
- Magna-Power Electronics, Inc.
- MEAN WELL Enterprises Co., Ltd.
- Siemens AG
- TDK-Lambda Corporation
- XP Power Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.