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The DIN Rail Power Supply Market size was estimated at USD 2.10 billion in 2023, USD 2.18 billion in 2024, and is expected to grow at a CAGR of 4.27% to reach USD 2.81 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
DIN rail power supplies are a specialized form of switch-mode power supplies designed to be mounted on DIN rails, which are standard mounting hardware used in equipment racks. These power supplies provide stable and reliable DC power to industrial control systems, automation devices, and various electronic equipment. DIN rail power supplies are predominantly used in industrial settings, where they are integrated into control panels and electrical cabinets. Their primary applications span across various sectors, including manufacturing, energy, rail transport, and process control. The emerging trend of industrial automation and the increasing demand for energy-efficient power solutions are driving market growth.
The expansion of smart grid systems and the rise in industrial IoT adoption also contribute to market growth. The demand for compact and flexible power solutions in manufacturing environments supports the proliferation of these specialized power supplies. High initial investment and strict industry standards and certifications hampers the market growth. Growing potential in catering to the renewable energy sector, where DIN rail power supplies can play a significant role due to their reliability and efficiency, is expected to create opportunities for market growth.
Regional Insights
In the Americas, there is a robust market for DIN rail power supplies due to the concentration of industrial and automation sectors. The Americas is home to a sizable number of manufacturing units that necessitate efficient energy management systems. The adoption rate of DIN rail power supplies is influenced by technological advancements and the integration of smart energy solutions. The European Union is characterized by its rigorous standards and emphasis on energy efficiency, such as the Ecodesign Directive. The diverse industrial landscape, spanning from Germany's automotive industry to Scandinavia's renewable energy sector, stipulates a stable demand for DIN rail power supplies.Customers in the EU are very much attuned to quality compliance, with broad adoption of EN and IEC standards. In the Middle East and Africa, infrastructure development projects in nations such as the United Arab Emirates, Saudi Arabia, and South Africa are major drivers for DIN rail power supply products. The growing investment in smart city projects, particularly in the Gulf Cooperation Council (GCC) countries, presents a noteworthy market potential. The Asia Pacific region, with China, Japan, and India at its forefront, showcases a rapidly expanding market for DIN rail power supplies owing to its massive industrial growth, urbanization, and infrastructure developments.
Market Trends by Segment
- Product Type: Growing usage of three-phase DIN rail power supplies that provide a more stable power output
- Vertical: Expanding the potential of DIN rail power supplies across the electrical & electronics sector for driving control systems and power management systems
Industry Insights
- Market Dynamics
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
- FPNV Positioning Matrix
- Market Share Analysis
- Strategy Analysis and Recommendations
Recent Developments
PULS Smart Power Supplies with EtherCAT
PULS, renowned as a pioneer in DIN-Rail power supply technology, is set to unveil a groundbreaking advancement within the industrial power sector. Their latest offering comprises DIN-Rail power supplies as well as Field Power Supplies, each featuring an integrated EtherCAT interface, a debut showcasing in Hall 5, Booth 310, alongside the EtherCAT Technology Group. This forward-thinking integration brings an unprecedented level of convenience, providing users the capability to seamlessly configure and manage their power supplies remotely.Newark and Mean Well Partner on Power Supply Solutions
Newark has established a strategic alliance with Mean Well, a prominent power supply manufacturer acclaimed for its comprehensive portfolio that caters to an array of sectors comprising industrial automation, telecommunications, medical devices, and LED illumination technology. This collaboration paves the way for Newark to offer an expanded selection of power solutions, including an assortment of ac-dc and dc-dc converters, dedicated DIN rail mount converters, enclosed power units, and specialized LED drivers designed to meet the diverse needs of its customer base with efficiency and reliability.SPDE Series of High Performance, Ultra-Compact DIN-Rail Mount Power Supplies
Carlo Gavazzi proudly unveiled the SPDE Power Supply Series, an avant-garde lineup of ultra-compact, single-phase DIN-rail power supplies meticulously engineered for integration into electrical panels. The collection boasts a trio of distinct frame sizes, commencing with a mere 32 mm in width for the 75 W model and extending up to a 48 mm wide 480 W unit. These groundbreaking power supplies champion spatial efficiency, offering an unprecedented space-saving solution that yields up to a 50% reduction in panel occupancy.Key Company Profiles
The report delves into recent significant developments in the DIN Rail Power Supply Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advantech Co., Ltd., Astrodyne TDI, Beckhoff Automation GmbH & Co. KG, Bel Fuse Inc., CAREL INDUSTRIES S.p.A., CP Power & Automation, Delta Electronics, Inc., Eaton Corporation PLC, Emerson Electric Co., Hengfu Enterprises Co., Ltd., Honeywell International Inc., IDEC Corporation, K-array Surl, MEAN WELL Enterprises Co., Ltd., Mornsun Guangzhou Science & Technology Co. Ltd., Moxa Inc., Murrelektronik GmbH, Omron Corporation, PHOENIX CONTACT GmbH & Co. KG, PULS GmbH, Rockwell Automation, Inc., Roking d.o.o., Schneider Electric SE, Siemens AG, TDK-Lambda Corporation, Texas Instruments Incorporated, Traco Electronic AG, and XP Power Limited.This research report offers invaluable insights into various crucial aspects of the DIN Rail Power Supply Market:
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
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Table of Contents
1. Preface
2. Research Methodology
5. Market Insights
6. DIN Rail Power Supply Market, by Product Type
7. DIN Rail Power Supply Market, by Vertical
8. Americas DIN Rail Power Supply Market
9. Asia-Pacific DIN Rail Power Supply Market
10. Europe, Middle East & Africa DIN Rail Power Supply Market
11. Competitive Landscape
12. Competitive Portfolio
List of Figures
List of Tables
Companies Mentioned
- ABB Ltd.
- Advantech Co., Ltd.
- Astrodyne TDI
- Beckhoff Automation GmbH & Co. KG
- Bel Fuse Inc.
- CAREL INDUSTRIES S.p.A.
- CP Power & Automation
- Delta Electronics, Inc.
- Eaton Corporation PLC
- Emerson Electric Co.
- Hengfu Enterprises Co., Ltd.
- Honeywell International Inc.
- IDEC Corporation
- K-array Surl
- MEAN WELL Enterprises Co., Ltd.
- Mornsun Guangzhou Science & Technology Co. Ltd.
- Moxa Inc.
- Murrelektronik GmbH
- Omron Corporation
- PHOENIX CONTACT GmbH & Co. KG
- PULS GmbH
- Rockwell Automation, Inc.
- Roking d.o.o.
- Schneider Electric SE
- Siemens AG
- TDK-Lambda Corporation
- Texas Instruments Incorporated
- Traco Electronic AG
- XP Power Limited
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 199 |
| Published | May 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 2.18 Billion |
| Forecasted Market Value ( USD | $ 2.81 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 29 |
