The global DC power supplies market size reached US$ 434.7 Million in 2023. Looking forward, the publisher expects the market to reach US$ 607.1 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2023-2032.
Direct current (DC) power supplies refer to an embedded circuit that provides constant and stabilized power supply to electronic modules. They are commonly available in two forms, namely switching and linear power supplies. The switching variants are compact and light-weight, offer higher power efficiency and can be efficiently used for devices with low, medium and high power output. The linear variants use large transformers to drop the voltage to alternating current (AC) and then convert it into DC voltage. DC power supplies offer various benefits, such as repeatable power on and off with minimal input related problems and higher accuracy in readbacks, thereby eliminating the need for external meters, shunts, relays and switching calibration.
The increasing demand for energy-efficient power supplies for consumer electronics, along with the emerging trend of industrial automation across the globe, represents one of the key factors driving the growth of the market. Furthermore, the widespread adoption of wireless communication systems across industries, such as aerospace, defense and telecommunications, is also driving the market growth. Electronic systems in industrial units require precise voltage supply that is stabilized over fluctuations, thereby enhancing the requirement for DC power supplies. They are also used to test automobile batteries, fuel cells, charging stations, on-board chargers and digital interfaces. Additionally, various technological advancements, such as the integration of electronic devices with the Internet of Things (IoT), are acting as other growth-inducing factors. Various devices, such as laptops, smartphones and tablets, depend on DC power supplies for maintaining a constant supply of voltage, which, therefore, is facilitating their demand. Other factors, including the development of programmable DC power supplies, along with significant improvements in the information technology (IT) infrastructure, are anticipated to drive the market further.
2. What is the expected growth rate of the global DC power supplies market during 2024-2032?
3. What are the key factors driving the global DC power supplies market?
4. What has been the impact of COVID-19 on the global DC power supplies market?
5. What is the breakup of the global DC power supplies market based on the product type?
6. What is the breakup of the global DC power supplies market based on the output power?
7. What is the breakup of the global DC power supplies market based on the application?
8. What are the key regions in the global DC power supplies market?
9. Who are the key players/companies in the global DC power supplies market?
Direct current (DC) power supplies refer to an embedded circuit that provides constant and stabilized power supply to electronic modules. They are commonly available in two forms, namely switching and linear power supplies. The switching variants are compact and light-weight, offer higher power efficiency and can be efficiently used for devices with low, medium and high power output. The linear variants use large transformers to drop the voltage to alternating current (AC) and then convert it into DC voltage. DC power supplies offer various benefits, such as repeatable power on and off with minimal input related problems and higher accuracy in readbacks, thereby eliminating the need for external meters, shunts, relays and switching calibration.
The increasing demand for energy-efficient power supplies for consumer electronics, along with the emerging trend of industrial automation across the globe, represents one of the key factors driving the growth of the market. Furthermore, the widespread adoption of wireless communication systems across industries, such as aerospace, defense and telecommunications, is also driving the market growth. Electronic systems in industrial units require precise voltage supply that is stabilized over fluctuations, thereby enhancing the requirement for DC power supplies. They are also used to test automobile batteries, fuel cells, charging stations, on-board chargers and digital interfaces. Additionally, various technological advancements, such as the integration of electronic devices with the Internet of Things (IoT), are acting as other growth-inducing factors. Various devices, such as laptops, smartphones and tablets, depend on DC power supplies for maintaining a constant supply of voltage, which, therefore, is facilitating their demand. Other factors, including the development of programmable DC power supplies, along with significant improvements in the information technology (IT) infrastructure, are anticipated to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global DC power supplies market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product type, output power and application.Breakup by Product Type:
- AC-DC
- DC-DC
Breakup by Output Power:
- Low Output (Less Than 10 kW)
- Medium Output (10-100 kW)
- High Output (Above 100 kW)
Breakup by Application:
- Military, Aerospace and Defense
- Automotive
- Energy
- Telecommunication
- Healthcare
- Consumer Electronics
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined 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 and Tektronix Inc. (Fortive Corporation).
Key Questions Answered in This Report
1. What was the size of the global DC power supplies market in 2023?2. What is the expected growth rate of the global DC power supplies market during 2024-2032?
3. What are the key factors driving the global DC power supplies market?
4. What has been the impact of COVID-19 on the global DC power supplies market?
5. What is the breakup of the global DC power supplies market based on the product type?
6. What is the breakup of the global DC power supplies market based on the output power?
7. What is the breakup of the global DC power supplies market based on the application?
8. What are the key regions in the global DC power supplies market?
9. Who are the key players/companies in the global DC power supplies market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global DC Power Supplies Market
6 Market Breakup by Product Type
7 Market Breakup by Output Power
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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 and Tektronix Inc. (Fortive Corporation)
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | March 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 434.7 Million |
| Forecasted Market Value ( USD | $ 607.1 Million |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
