The Global Industrial Power Supply Units Market was valued at USD 16.5 billion in 2024 and is estimated to grow at a CAGR of 5.6% to reach USD 28.2 billion by 2034.
The market is witnessing growth as industries increasingly adopt compact and reliable power solutions to support automation in manufacturing, robotics, and industrial processes. Businesses are prioritizing efficiency, precision, and reduced labor costs, driving demand for advanced power supply units. Moreover, the global transition to renewable energy sources, including wind and solar, is reinforcing the need for intelligent power management systems. The rapid growth of data centers, fueled by cloud computing and big data, further intensifies the requirement for uninterrupted and efficient power solutions. Additionally, the global shift toward electric vehicles and electrified public transport is expanding the need for specialized industrial power units. Technological advances such as improved switching methods, integration with smart grids, and the adoption of artificial intelligence are creating new opportunities to enhance energy distribution, efficiency, and operational reliability.
The AC-DC power supply units segment held a 42.9% share, with a projected CAGR of 5.3% through 2034. These units are crucial for converting mains AC to stable DC outputs required by industrial machinery, factory automation, and process equipment. Adoption is driven by energy-efficiency standards, increasing reliability demands, and the use of advanced topologies such as PFC and LLC resonant converters.
The indirect sales channel generated USD 4.3 billion in 2024. These channels remain essential where rapid availability, local support, and standard configurations are critical, particularly for SME and regional integrators. Dealers often provide value-added services, including rentals, trade-ins, and immediate field support, although OEMs are increasingly engaging directly, raising expectations for distributor and dealer performance.
U.S Industrial Power Supply Units Market held 84.5% share, generating USD 3.5 billion in 2024. Market growth in North America is fueled by widespread adoption of automation, expansion of cloud computing and data storage infrastructure, and rising electric vehicle penetration. Established logistics networks and advanced technology acceptance further support sustained growth.
Key companies operating in the Industrial Power Supply Units Market include ABB, Assa Abloy, Berger Stromversorgungen, Camtec Power Supplies, Delta Electronics, Emerson, Gebruder Frei, Mean Well, Murata Manufacturing, Murrelektronik, Schneider Electric, Siemens, TDK Corporation, Weidmueller Interface, and XP Power. Companies in the Industrial Power Supply Units Market are employing multiple strategies to strengthen their position and expand market presence. They focus on continuous product innovation to meet advanced industrial needs, integrating smart features and AI-enabled capabilities. Strategic partnerships and collaborations with OEMs and industrial integrators enhance distribution reach and customer access. Businesses are also investing in regional expansions to tap into emerging markets and strengthen supply chain networks. Moreover, emphasis on energy-efficient and eco-friendly products helps align with global sustainability trends.
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The market is witnessing growth as industries increasingly adopt compact and reliable power solutions to support automation in manufacturing, robotics, and industrial processes. Businesses are prioritizing efficiency, precision, and reduced labor costs, driving demand for advanced power supply units. Moreover, the global transition to renewable energy sources, including wind and solar, is reinforcing the need for intelligent power management systems. The rapid growth of data centers, fueled by cloud computing and big data, further intensifies the requirement for uninterrupted and efficient power solutions. Additionally, the global shift toward electric vehicles and electrified public transport is expanding the need for specialized industrial power units. Technological advances such as improved switching methods, integration with smart grids, and the adoption of artificial intelligence are creating new opportunities to enhance energy distribution, efficiency, and operational reliability.
The AC-DC power supply units segment held a 42.9% share, with a projected CAGR of 5.3% through 2034. These units are crucial for converting mains AC to stable DC outputs required by industrial machinery, factory automation, and process equipment. Adoption is driven by energy-efficiency standards, increasing reliability demands, and the use of advanced topologies such as PFC and LLC resonant converters.
The indirect sales channel generated USD 4.3 billion in 2024. These channels remain essential where rapid availability, local support, and standard configurations are critical, particularly for SME and regional integrators. Dealers often provide value-added services, including rentals, trade-ins, and immediate field support, although OEMs are increasingly engaging directly, raising expectations for distributor and dealer performance.
U.S Industrial Power Supply Units Market held 84.5% share, generating USD 3.5 billion in 2024. Market growth in North America is fueled by widespread adoption of automation, expansion of cloud computing and data storage infrastructure, and rising electric vehicle penetration. Established logistics networks and advanced technology acceptance further support sustained growth.
Key companies operating in the Industrial Power Supply Units Market include ABB, Assa Abloy, Berger Stromversorgungen, Camtec Power Supplies, Delta Electronics, Emerson, Gebruder Frei, Mean Well, Murata Manufacturing, Murrelektronik, Schneider Electric, Siemens, TDK Corporation, Weidmueller Interface, and XP Power. Companies in the Industrial Power Supply Units Market are employing multiple strategies to strengthen their position and expand market presence. They focus on continuous product innovation to meet advanced industrial needs, integrating smart features and AI-enabled capabilities. Strategic partnerships and collaborations with OEMs and industrial integrators enhance distribution reach and customer access. Businesses are also investing in regional expansions to tap into emerging markets and strengthen supply chain networks. Moreover, emphasis on energy-efficient and eco-friendly products helps align with global sustainability trends.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
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Table of Contents
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2024
Chapter 5 Market Estimates and Forecast, by Product Type, 2021-2034 (USD Billion) (Thousand Units)
Chapter 6 Market Estimates and Forecast, Number of Phases, 2021-2034 (USD Billion) (Thousand Units)
Chapter 7 Market Estimates and Forecast, by Voltage, 2021-2034 (USD Billion) (Thousand Units)
Chapter 8 Market Estimates and Forecast, by Application, 2021-2034 (USD Billion) (Thousand Units)
Chapter 9 Market Estimates and Forecast, by End Use Industry, 2021-2034 (USD Billion) (Thousand Units)
Chapter 10 Market Estimates and Forecast, by Distribution Channel, 2021-2034 (USD Billion) (Thousand Units)
Chapter 11 Market Estimates and Forecast, by Region, 2021-2034 (USD Billion) (Thousand Units)
Chapter 12 Company Profiles
Companies Mentioned
The companies profiled in this Industrial Power Supply Units market report include:- ABB
- Assa Abloy
- Berger Stromversorgungen
- Camtec Power Supplies
- Delta Electronics
- Emerson
- Gebruder Frei
- Mean Well
- Murata Manufacturing
- Murrelektronik
- Schneider Electric
- Siemens
- TDK Corporation
- Weidmueller Interface
- XP Power
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | December 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 16.5 Billion |
| Forecasted Market Value ( USD | $ 28.2 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 16 |
