Industrial Power Supply Market

Industrial Power Supply Market By Type (AC-DC and DC-DC Converter), Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical, Region - Global Forecast to 2026

Report Code: EP 7461 Aug, 2021, by marketsandmarkets.com

[246 Pages Report] The global industrial power supply market size is projected to reach USD 9.7 billion by 2026 from an estimated USD 7.0 billion in 2021, at a CAGR of 6.9 % during the forecast period. The growth of the market is attributed to the increasing demand for energy-efficient devices in industrial sector and surging adoption of electric vehicles worldwide 

Industrial Power Supply Market

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COVID-19 Impact on the Global Industrial Power Supply Market

Over the past, the power electronics industry has undergone tremendous growth. However, due to the outbreak of the COVID-19 pandemic, there is a significant impact on the power electronics industry, which is a parent market for power supplies. The most significant near-term impact on power supplies that are already contracted or under the manufacturing process may be felt through supply chains. Industry executives anticipate delivery and construction slowdowns either because nations shutter industries to slow the spread of coronavirus or because the workers have tested positive. Many components/parts for manufacturing power supplies/converters come from China. As far as manufacturers of power supplies are concerned, many of them faced shipment delays of five or more weeks, with the shipping delays from China and other countries, there was a huge negative impact on the market for power supplies. Surviving the pandemic is one thing; surviving afterward is another. The challenge is not only for the manufacturers but also for their customers as most customers do not require the products due to a delay in deliveries. Moreover, due to COVID-19, the local currencies of many countries have depreciated. There is a misalignment of supply and demand, which leads to financial losses to the manufactures of components/parts. In addition, key components used in manufacturing power supplies are typically procured in US dollars, which results in increased component cost.

Industrial Power Supply Market Dynamics

Driver: Increasing demand for energy-efficient devices in industrial sector.

The industrial sector uses more delivered energy than any other end user, consuming about 54% of the world’s total delivered energy according to the Energy Information Administration (EIA) data. Energy consumption is directly related to the environment. An increase in energy consumption leads to various environmental issues, such as emissions of greenhouse gases, air pollution, and global warming, which, in turn, drives the use of energy-efficient devices in industrial processes. Low power consumption leads to a reduction in the amount of toxic fumes released by power plants that conserve the earth’s natural resources and protect the ecosystem from destruction. The use of energy-efficient devices minimizes the exploitation of natural resources and helps address related problems such as voltage fluctuations. The rising need to reduce energy consumption has prompted manufacturers to develop innovative energy-efficient devices.

According to the EIA data of September 2019, energy use in the transportation sector is likely to increase by nearly 40% between 2018 and 2050. This growth is largely driven by non-OECD (Organisation for Economic Co-operation and Development) member countries, where the use of energy in the transportation sector is likely to increase by nearly 80% between 2018 and 2050. Hence, by using energy-efficiency devices in industrial and transportation applications, the world’s energy needs can be reduced by one-third in 2050, which will help control global emissions of greenhouse gases. Most industrial and transportation applications are DC-powered, and the available input power across the world is AC. Therefore, it is essential to have AC–DC power supplies for conversion, which is expected to increase the demand for energy-efficient industrial power supplies to reduce energy waste and recover energy lost.

Restraints: Imposition of regional/country-wise regulatory policies and safety standards

A number of regulatory international and domestic standards are imposed by governments to ensure the development of quality power supply products. These standards vary from country to country; therefore, to achieve significant sales, power supply manufacturers must adhere to the standards that are specific to a country or a region. These standards are defined and administered by national or international agencies, with various government-recognized testing laboratories. RoHS (Restriction of Hazardous Substances), the Electronic Waste Directive, and the International Electrotechnical Commission (IEC) also put restrictions on industrial power supply manufacturers. The primary goal of safety/regulatory standards for power supplies used in electrical equipment is to protect against fire, electric shocks, and injuries. Specific standards for power supply define the maximum audible noise levels produced by the product. Products meeting these requirements may be identified by a safety mark from the associated standards organization or by a mark indicating compliance with local legislation within a defined economic area or trading zone. These kinds of requirements make it difficult for power supply manufacturers to design, manufacture, and sell their products worldwide.

Opportunities: Growing adoption of robots across several industries

Robotics applications are rapidly increasing across the industrial sector worldwide. Different types of power subsystems, including AC/DC converters, battery management systems, DC/DC converters, are used in different types of robots such as delivery robots, harvesting robots, logistics robots, security and inspection robots for industrial applications. These robots are fueled by batteries, making power conversion, along with size/weight,  a critical parameter. Power conversion needs become more challenging as load capacity, visual recognition, and user functionality requirements in robotic applications are increasing. According to the International Federation of Robotics (IFR), about 373,000 units of industrial robots are installed in the year 2019. More than half of the deployments are observed in the industrial, automotive, and electrical/electronic sectors. Thus, the growing adoption of robots across several industries is likely to fuel the demand for power supplies globally.

Challenges: Difficulty in selling power supply products with specific design and configuration globally due to changing frequency-specific standards in different countries

Many problems, such as transients, interruptions, voltage fluctuations, and frequency variations, originate from commercial power grid sources, which are spread over thousands of miles via transmission lines and are subjected to numerous power disturbances due to extreme weather conditions, equipment failure, traffic accidents, and switching problems. A robust power supply must reliably operate despite input power disturbances and ensure the reliable operation of the systems it supports. The power requirements in applications such as semiconductor, military & aerospace, lighting, and transportation are not the same. Most of the existing applications generally require a 115 V or 230 V supply. The most important factor is that the input voltage (AC mains) specifications change according to the region

Market Interconnection

Industrial Power Supply Market by Interconnection

The DC−DC converters segment is expected to be the faster-growing market, by product type, during the forecast period.

The market is segmented, by product type, into AC−DC converters, and DC−DC converters. DC−DC converters, are expected to be the fastest-growing segments in industrial power supply market during the forecast period. The rising demand for DC power sources in numerous industrial applications, together with growing automotive, robotics, and aeronautics & space industries in AC−DC converters and DC−DC converters segment, respectively are fueling the growth of industrial power supply industry.

By output power, very low output (up to 500 W) is expected to dominate the industrial power supply market.

The market is segmented by output power into very low output (up to 500 W), low output (500−1,000 W), medium output (1,000 W−10 kW), high output (10−75 kW), and very high output (75−150 kW). The very low output (up to 500 W) segment is expected to be the largest, by output power, during the forecast period. The rising use of automation tools and growing adoption of digital technology by industries based in China, India, and Japan are the major reasons for the growth of the market for industrial power supplies with a very low output.

The transportation segment is expected to be the fastest-growing market segment in the industrial power supply market, by vertical, during the forecast period.

The industrial power supply market is segmented by vertical into transportation, military & aerospace, lighting, test & measurement, semiconductor, battery charging & test, robotics, industrial 3D printing, and laser. The transportation segment accounted for the largest share of the industrial power supply market in 2020, and a similar trend is likely to be observed during the forecast period. The adoption of electric vehicles is strongly supported by the governments in countries such as Germany, the UK, China, France, and Canada through various incentives and subsidies, which is the prime factor for the rising demand for industrial power supply products, such as AC–DC and DC-DC converters, in the transportation vertical.

Industrial Power Supply Market by Region

Asia Pacific is expected to account for the largest market size during the forecast period.

The market is segmented by region into North America, South America, Europe, Asia Pacific, and Middle East & Africa. Of these, Asia Pacific is the largest market for industrial power supply globally, followed by North America and Europe. The growth of the market in this region is mainly driven by the growing adoption of automation tools across several industries in countries such as China and Japan and the increasing sale of electric vehicles in China, Japan, and India. China is the largest market for the transportation vertical because of the widespread sales of automobiles and automotive components.

Key Market Players

The key players profiled in this report are include TDK Lambda (Japan), XP Power (Singapore), Delta Electronics (Taiwan), Siemens (Germany), and Murata Power Solutions (US), XP Power (Singapore), Advanced Energy (US), Bel Fuse (US), Cosel (Japan), MEAN WELL (Taiwan), etc.

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Scope of the Report

Report Metric

Details

Market size available for years

2019–2026

Base year considered

2020

Forecast period

2021–2026

Forecast units

USD Million

Segments covered

By Product Type, By Output Power, By Vertical, and By Region

Geographies covered

Asia Pacific, North America, Europe, South America, and Middle East & Africa

Companies covered

TDK Lambda (Japan), XP Power (Singapore), Delta Electronics (Taiwan), Siemens (Germany), and Murata Power Solutions (US), XP Power (Singapore), Advanced Energy (US), Bel Fuse (US), Cosel (Japan), MEAN WELL (Taiwan), etc.

This research report categorizes the industrial power supply market by product type, output power, vertical, and by region.

By Product Type

  • AC−DC Converters
  • DC−DC Converters

By Output Power

  • Very Low Output (Up to 500 W)
  • Low Output (500 W−1,000 W)
  • Medium Output (1,000 W−10 kW)
  • High Output (10−75 kW)
  • Very High Output (75−150 kW)

By Vertical

  • Transportation
  • Semiconductor
  • Military & Aerospace
  • Robotics
  • Test & Measurement
  • Industrial 3D Printing
  • Battery Charging & Test
  • Laser
  • Lighting

By Region

  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

Recent Developments

  • In June 2021, TDK Lambda launched the TPF45000-385 non-isolated modular AC–DC power supply. Developed for use in distributed power architectures (DPA) and DC microgrids, the 98% highly efficient TPF45000 provides a regulated 385Vdc output with a current of up to 117A.
  • In May 2021, Siemens Smart Infrastructure won a contract to supply the main control centers, based on Spectrum Power, to the Korean engineering company EntechWorld headquartered in Seoul. The end customer is the national railroad operator Korea National Railway. This contract is likely to help Korea National Railway to optimize its business and deal with the challenge of ensuring smooth, reliable operation of traction power supply and station facilities.
  • In January 2021, Murata launched a 300 W chassis mount ultra-wide 10:1 DC input range converter with patented inrush current control topology and high efficiency >92% from Murata Power Solutions. The IRV300 is a fit-and-forget module designed for harsh operating environments in railway and industrial applications.                               
  • In December 2019, ABB won a contract from Dohaco to supply a complete electrification and automation solution to expand its operations at its newest mill in Ben Tre province, Vietnam. ABB’s solution incorporates medium-voltage (MV) and low-voltage (LV) motor control centers (MCCs), MV and LV motors, power transformers, sectional and single drives, distributed control system (DCS), quality control system (QCS), and a dilution profiler.

Frequently Asked Questions(FAQs)

  • What is the current size of the industrial power supply market?
  • The current market size of the global industrial power supply market is USD 7.0 billion in 2021.
  • What are the major drivers for the industrial power supply market?
  • The increasing demand for energy-efficient devices in industrial sector and surging adoption of electric vehicles worldwide  are the major drivers for the industrial power supply market
  • .Which is the fastest-growing region during the forecasted period in the industrial power supply market?
  • Europe is the fastest-growing region during the forecasted period in the industrial power supply market.
  • Which is the fastest-growing segment, by the vertical during the forecasted period in the industrial power supply market?
  • Transportation, by vertical, is the fastest-growing segment during the forecast period, The adoption of electric vehicles is strongly supported by the governments in countries such as Germany, the UK, China, France, and Canada through various incentives and subsidies, which is the prime factor for the rising demand for transportation segment.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 STUDY OBJECTIVES
    1.2 DEFINITION
           1.2.1 INDUSTRIAL POWER SUPPLY MARKET, BY VERTICAL: INCLUSIONS AND EXCLUSIONS
           1.2.2 INDUSTRIAL POWER SUPPLY MARKET, BY PRODUCT TYPE: INCLUSIONS AND EXCLUSIONS
           1.2.3 INDUSTRIAL POWER SUPPLY MARKET, BY OUTPUT POWER: INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKET SEGMENTATION
           1.3.2 GEOGRAPHIC SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 38)
    2.1 RESEARCH DATA
           FIGURE 1 INDUSTRIAL POWER SUPPLY MARKET: RESEARCH DESIGN
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 2 DATA TRIANGULATION METHODOLOGY
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Break-up of primaries
    2.3 MARKET SIZE ESTIMATION
           2.3.1 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH (DEMAND-SIDE)
                    FIGURE 3 INDUSTRIAL POWER SUPPLY MARKET: TOP-DOWN APPROACH
           2.3.2 DEMAND-SIDE ANALYSIS
           FIGURE 4 PARAMETERS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR INDUSTRIAL POWER SUPPLIES
                    2.3.2.1 Calculation of demand-side analysis of industrial power supply market
                    2.3.2.2 Key assumptions while calculating demand-side market size
           2.3.3 SUPPLY-SIDE ANALYSIS
                    FIGURE 5 REVENUES OF MAJOR MANUFACTURERS FROM SALES OF INDUSTRIAL POWER SUPPLIES ACROSS GLOBAL REGIONS ARE DETERMINED TO IDENTIFY MARKET SIZE
                    2.3.3.1 Calculation of supply-side analysis of industrial power supply market
                               FIGURE 6 INDUSTRIAL POWER SUPPLY MARKET: STEPS FOR SUPPLY-SIDE ANALYSIS
                    2.3.3.2 Key primary insights for supply-side
           2.3.4 COVID-19-SPECIFIC ASSUMPTIONS
    2.4 GROWTH FORECAST

3 EXECUTIVE SUMMARY (Page No. - 48)
    TABLE 1 INDUSTRIAL POWER SUPPLY MARKET SNAPSHOT
    FIGURE 7 ASIA PACIFIC DOMINATED INDUSTRIAL POWER SUPPLY MARKET IN 2020
    FIGURE 8 AC−DC CONVERTERS TO HOLD LARGER MARKET SHARE THAN DC–DC CONVERTERS IN 2026
    FIGURE 9 VERY LOW OUTPUT (UP TO 500 W) SEGMENT TO HOLD LARGEST SIZE OF INDUSTRIAL POWER SUPPLY MARKET, BY OUTPUT POWER, DURING FORECAST PERIOD
    FIGURE 10 TRANSPORTATION VERTICAL TO COMMAND INDUSTRIAL POWER SUPPLY MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 52)
    4.1 ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL POWER SUPPLY MARKET
           FIGURE 11 GROWING REQUIREMENT FOR ENERGY-EFFICIENT POWER SUPPLIES AND INCREASING ADOPTION OF ELECTRIC VEHICLES ARE EXPECTED TO DRIVE INDUSTRIAL POWER SUPPLY MARKET GROWTH DURING 2021–2026
    4.2 INDUSTRIAL POWER SUPPLY MARKET, BY REGION
           FIGURE 12 EUROPE TO WITNESS HIGHEST CAGR IN INDUSTRIAL POWER SUPPLY MARKET DURING FORECAST PERIOD
    4.3 INDUSTRIAL POWER SUPPLY MARKET, BY PRODUCT TYPE
           FIGURE 13 AC−DC CONVERTERS DOMINATED INDUSTRIAL POWER SUPPLY MARKET, BY PRODUCT TYPE, IN 2020
    4.4 INDUSTRIAL POWER SUPPLY MARKET, BY OUTPUT POWER
           FIGURE 14 INDUSTRIAL POWER SUPPLIES WITH VERY LOW OUTPUT (UP TO 500 W) ACCOUNTED FOR LARGEST MARKET SHARE IN 2020
    4.5 INDUSTRIAL POWER SUPPLY MARKET, BY VERTICAL
           FIGURE 15 TRANSPORTATION VERTICAL HELD LARGEST SHARE OF INDUSTRIAL POWER SUPPLY MARKET IN 2020

5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION
    5.2 COVID-19 HEALTH ASSESSMENT
           FIGURE 16 COVID-19: GLOBAL PROPAGATION
    5.3 MARKET DYNAMICS
           FIGURE 17 INDUSTRIAL POWER SUPPLY MARKET: MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 Increasing demand for energy-efficient devices in industrial sector
                    5.3.1.2 Surging adoption of electric vehicles worldwide
           5.3.2 RESTRAINTS
                    5.3.2.1 Increasing adoption of HVDC and renewable energy sources
                    5.3.2.2 Imposition of regional/country-wise regulatory policies and safety standards
                               TABLE 2 AGENCIES PROVIDING REGULATORY COMPLIANCE AND SAFETY STANDARDS
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Growing adoption of robots across several industries
                    5.3.3.2 Increasing demand for high-frequency switching power supplies
           5.3.4 CHALLENGES
                    5.3.4.1 Availability of low-quality low-budget products in gray market
                    5.3.4.2 Difficulty in selling power supply products with specific design and configuration globally due to changing frequency-specific standards in different countries
                               TABLE 3 SINGLE-PHASE VOLTAGE AND FREQUENCY SPECIFICATION FOR DIFFERENT COUNTRIES
    5.4 IMPACT OF COVID-19 ON INDUSTRIAL POWER SUPPLY MARKET
    5.5 REGULATORY LANDSCAPE
    5.6 CASE STUDY ANALYSIS
           5.6.1 MANUFACTURER OF AUTOMOTIVE DC–DC CONVERTERS SLASHES TEST TIME BY 95% (JULY 2018)
                    5.6.1.1 Problem statement
                    5.6.1.2 Possible solution
    5.7 INDUSTRIAL POWER SUPPLY: PATENT ANALYSIS
           5.7.1 INNOVATIONS AND PATENT REGISTRATIONS
                    TABLE 4 IMPORTANT INNOVATIONS AND PATENT REGISTRATIONS, 2015–2020
    5.8 PORTER’S FIVE FORCES ANALYSIS
           FIGURE 18 PORTER’S FIVE FORCES ANALYSIS FOR INDUSTRIAL POWER SUPPLY MARKET
           TABLE 5 INDUSTRIAL POWER SUPPLY MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.8.1 THREAT OF SUBSTITUTES
           5.8.2 BARGAINING POWER OF SUPPLIERS
           5.8.3 BARGAINING POWER OF BUYERS
           5.8.4 THREAT OF NEW ENTRANTS
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
           5.9.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN INDUSTRIAL POWER SUPPLY MARKET
           FIGURE 19 REVENUE SHIFT FOR INDUSTRIAL POWER SUPPLY MARKET PLAYERS
    5.10 TRADE DATA STATISTICS
           TABLE 6 REGION-WISE IMPORT DATA, 2018–2020 (USD MILLION)
           TABLE 7 REGION-WISE EXPORT DATA, 2018–2020 (USD MILLION)
    5.11 SUPPLY CHAIN ANALYSIS
           FIGURE 20 SUPPLY CHAIN OF INDUSTRIAL POWER SUPPLY MARKET
           TABLE 8 INDUSTRIAL POWER SUPPLY MARKET: ECOSYSTEM
           5.11.1 KEY INFLUENCERS
           5.11.2 RAW MATERIAL/COMPONENT PROVIDERS
           5.11.3 ASSEMBLERS/MANUFACTURERS
           5.11.4 DISTRIBUTORS
           5.11.5 END USERS
    5.12 TECHNOLOGY ANALYSIS
    5.13 MARKET MAP
           FIGURE 21 INDUSTRIAL POWER SUPPLY MARKET MAP

6 INDUSTRIAL POWER SUPPLY MARKET, BY PRODUCT TYPE (Page No. - 72)
    6.1 INTRODUCTION
           FIGURE 22 INDUSTRIAL POWER SUPPLY MARKET, BY PRODUCT TYPE, 2020
           TABLE 9 INDUSTRIAL POWER SUPPLY MARKET, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
    6.2 AC–DC CONVERTERS
           6.2.1 RISING DEMAND FOR DC POWER SOURCES IN AUTOMOTIVE CHARGING AND DEFENSE APPLICATIONS TO PROPEL GROWTH OF MARKET FOR AC–DC CONVERTERS
                    TABLE 10 INDUSTRIAL POWER SUPPLY MARKET FOR AC–DC CONVERTERS, BY REGION, 2019–2026 (USD MILLION)
                    6.2.1.1 Enclosed/encapsulated
                               6.2.1.1.1 Enclosed/encapsulated converters are designed for areas wherein power source deployed is exposed to dust, sun, and moisture
                    6.2.1.2 DIN rail
                               6.2.1.2.1 DIN rail converters are suitable for data communications, factory automation, IT equipment, and electromechanical industrial applications
                    6.2.1.3 Open frame
                               6.2.1.3.1 Open-frame converters are in demand for green power technology owing to their high reliability and efficiency
                    6.2.1.4 PCB mount
                               6.2.1.4.1 PCB-mount converters are primarily used in office equipment and industrial electronics
                    6.2.1.5 Configurable type
                               6.2.1.5.1 Configurable-type converters find applications in laboratory equipment, test & measurement systems, military & aerospace systems,etc.
    6.3 DC–DC CONVERTERS
           6.3.1 INCREASING DEMAND FOR ROBOTIC AND AUTOMOTIVE APPLICATIONS TO BOOST MARKET FOR DC–DC CONVERTERS
                    TABLE 11 INDUSTRIAL POWER SUPPLY MARKET FOR DC–DC CONVERTERS, BY REGION, 2019–2026 (USD MILLION)
                    6.3.1.1 Isolated
                               6.3.1.1.1 Isolated converters are fit for sensitive applications such as IGBT controllers and high-voltage circuits
                    6.3.1.2 Non-isolated
                               6.3.1.2.1 Non-isolated converters are used in battery-powered devices and compact electronic devices

7 INDUSTRIAL POWER SUPPLY MARKET, BY OUTPUT POWER (Page No. - 78)
    7.1 INTRODUCTION
           FIGURE 23 INDUSTRIAL POWER SUPPLY MARKET, BY OUTPUT POWER, 2020
           TABLE 12 INDUSTRIAL POWER SUPPLY MARKET, BY OUTPUT POWER, 2019–2026 (USD MILLION)
    7.2 VERY LOW OUTPUT (UP TO 500 W)
           7.2.1 INCREASING IMPACT OF AUTOMATION AND DIGITALIZATION ON PRODUCTION TO BOOST DEMAND FOR POWER SUPPLIES HAVING VERY LOW OUTPUT POWER
                    TABLE 13 INDUSTRIAL POWER SUPPLY MARKET FOR VERY LOW OUTPUT (UP TO 500 W), BY REGION, 2019–2026 (USD MILLION)
    7.3 LOW OUTPUT (500−1,000 W)
           7.3.1 GROWING USE OF LOW OUTPUT POWER SUPPLIES IN ELECTRIC VEHICLES AND HYBRID ELECTRIC VEHICLES TO BOOST THEIR DEMAND
                    TABLE 14 INDUSTRIAL POWER SUPPLY MARKET FOR LOW OUTPUT(500−1,000 W), BY REGION, 2019–2026 (USD MILLION)
    7.4 MEDIUM OUTPUT (1,000 W−10 KW)
           7.4.1 RISING DEMAND FOR MEDIUM-OUTPUT POWER SUPPLIES IN HORTICULTURE LIGHTING AND BATTERY CHARGING & TESTING APPLICATIONS TO PROPEL MARKET GROWTH
                    TABLE 15 INDUSTRIAL POWER SUPPLY MARKET FOR MEDIUM OUTPUT (1,000 W−10 KW), BY REGION, 2019–2026 (USD MILLION)
    7.5 HIGH OUTPUT (10−75 KW)
           7.5.1 SURGING ADOPTION OF POWER SUPPLIES WITHSTANDING EXTREME ENVIRONMENTAL CONDITIONS IN AVIONICS & MILITARY APPLICATIONS TO FOSTER HIGH-OUTPUT POWER SUPPLY MARKET GROWTH
                    TABLE 16 INDUSTRIAL POWER SUPPLY MARKET FOR HIGH OUTPUT (10−75 KW), BY REGION, 2019–2026 (USD MILLION)
    7.6 VERY HIGH OUTPUT (75−150 KW)
           7.6.1 MOUNTING DEMAND FOR PROGRAMMABLE POWER SUPPLIES FOR OEM, INDUSTRIAL, AND LABORATORY PURPOSES TO BOOST GROWTH OF VERY HIGH-OUTPUT INDUSTRIAL POWER SUPPLY MARKET
                    TABLE 17 INDUSTRIAL POWER SUPPLY MARKET FOR VERY HIGH OUTPUT (75−150 KW), BY REGION, 2019–2026 (USD MILLION)

8 INDUSTRIAL POWER SUPPLY MARKET, BY VERTICAL (Page No. - 84)
    8.1 INTRODUCTION
           FIGURE 24 INDUSTRIAL POWER SUPPLY MARKET, BY VERTICAL, 2020
           TABLE 18 INDUSTRIAL POWER SUPPLY MARKET, BY VERTICAL, 2019–2026 (USD MILLION)
    8.2 TRANSPORTATION
           8.2.1 SURGING DEMAND FOR AC–DC OR DC–DC POWER SUPPLIES IN AUTOMOTIVE AND RAIL APPLICATIONS TO PROPEL INDUSTRIAL POWER SUPPLY MARKET GROWTH
                    TABLE 19 INDUSTRIAL POWER SUPPLY MARKET FOR TRANSPORTATION, BY REGION, 2019–2026 (USD MILLION)
    8.3 SEMICONDUCTOR
           8.3.1 INCREASING ADOPTION OF IOT AND AUTOMATION TO DRIVE GROWTH OF SEMICONDUCTOR INDUSTRY, THEREBY PROVIDING OPPORTUNITIES TO INDUSTRIAL POWER SUPPLY MARKET
                    TABLE 20 INDUSTRIAL POWER SUPPLY MARKET FOR SEMICONDUCTOR, BY REGION, 2019–2026 (USD MILLION)
    8.4 MILITARY & AEROSPACE
           8.4.1 RISING NEED FOR RELIABLE POWER SOURCE RESISTING EXTREME TEMPERATURES AND RUGGED ENVIRONMENTAL CONDITIONS IN MILITARY & AEROSPACE APPLICATIONS TO STIMULATE MARKET GROWTH
                    TABLE 21 INDUSTRIAL POWER SUPPLY MARKET FOR MILITARY & AEROSPACE, BY REGION, 2019–2026 (USD MILLION)
    8.5 ROBOTICS
           8.5.1 INCREASING ADOPTION OF ROBOTS AND AUTOMATION TOOLS IN INDUSTRIAL OPERATIONS TO PROMOTE DEMAND FOR INDUSTRIAL POWER SUPPLIES
                    TABLE 22 INDUSTRIAL POWER SUPPLY MARKET IN ROBOTICS, BY REGION, 2019–2026 (USD MILLION)
    8.6 TEST & MEASUREMENT
           8.6.1 SURGING REQUIREMENT FOR TEST AND MEASUREMENT EQUIPMENT IN VARIOUS INDUSTRIAL LABORATORIES SPUR INDUSTRIAL POWER SUPPLY MARKET GROWTH
                    TABLE 23 INDUSTRIAL POWER SUPPLY MARKET TEST & MEASUREMENT, BY REGION, 2019–2026 (USD MILLION)
    8.7 INDUSTRIAL 3D PRINTING
           8.7.1 INCREASING APPLICATIONS OF 3D PRINTED PROTOTYPES TO GENERATE DEMAND FOR INDUSTRIAL POWER SUPPLY PRODUCTS
                    TABLE 24 INDUSTRIAL POWER SUPPLY MARKET FOR INDUSTRIAL 3D PRINTING, BY REGION, 2019–2026 (USD MILLION)
    8.8 BATTERY CHARGING & TEST
           8.8.1 RISING ADOPTION OF ELECTRIC VEHICLES TO ACCELERATE DEMAND FOR INDUSTRIAL POWER SUPPLIES FOR BATTERY CHARGING & TESTING APPLICATIONS
                    TABLE 25 INDUSTRIAL POWER SUPPLY MARKET BATTERY CHARGING & TEST, BY REGION, 2019–2026 (USD MILLION)
    8.9 LASER
           8.9.1 ESCALATING USE OF LASER TECHNOLOGY TO PROMOTE INDUSTRIAL POWER SUPPLY MARKET GROWTH
                    TABLE 26 INDUSTRIAL POWER SUPPLY MARKET FOR LASER, BY REGION, 2019–2026 (USD MILLION)
    8.1 LIGHTING
           8.10.1 ONGOING GOVERNMENT INITIATIVES FOR UTILIZATION OF COST-EFFECTIVE AND ECO-FRIENDLY LED LIGHTINGS TO BOOST DEMAND FOR POWER SUPPLIES IN LIGHTING APPLICATIONS
                    TABLE 27 INDUSTRIAL POWER SUPPLY MARKET FOR LIGHTING, BY REGION,2019–2026 (USD MILLION)

9 GEOGRAPHIC ANALYSIS (Page No. - 95)
    9.1 INTRODUCTION
           FIGURE 25 REGIONAL SNAPSHOT: EUROPE TO EXHIBIT HIGHEST CAGR IN INDUSTRIAL POWER SUPPLY MARKET DURING FORECAST PERIOD
           FIGURE 26 INDUSTRIAL POWER SUPPLY MARKET SHARE (IN TERMS OF VALUE), BY REGION, 2020
           TABLE 28 INDUSTRIAL POWER SUPPLY MARKET, BY REGION, 2019–2026 (USD MILLION)
    9.2 ASIA PACIFIC
           9.2.1 IMPACT OF COVID-19 ON INDUSTRIAL POWER SUPPLY MARKET IN ASIA PACIFIC
                    FIGURE 27 SNAPSHOT: INDUSTRIAL POWER SUPPLY MARKET IN ASIA PACIFIC, 2020
           9.2.2 BY PRODUCT TYPE
                    TABLE 29 INDUSTRIAL POWER SUPPLY MARKET IN ASIA PACIFIC, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
           9.2.3 BY OUTPUT POWER
                    TABLE 30 INDUSTRIAL POWER SUPPLY MARKET IN ASIA PACIFIC, BY OUTPUT POWER, 2019–2026 (USD MILLION)
           9.2.4 BY VERTICAL
                    TABLE 31 INDUSTRIAL POWER SUPPLY MARKET IN ASIA PACIFIC, BY VERTICAL, 2019–2026 (USD MILLION)
           9.2.5 BY COUNTRY
                    TABLE 32 INDUSTRIAL POWER SUPPLY MARKET IN ASIA PACIFIC, BY COUNTRY, 2019–2026 (USD MILLION)
                    9.2.5.1 China
                               9.2.5.1.1 Surging demand for automobiles and automotive components to accelerate market growth in China
                               9.2.5.1.2 By product type
                                            TABLE 33 INDUSTRIAL POWER SUPPLY MARKET IN CHINA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.1.3 By output power
                                            TABLE 34 INDUSTRIAL POWER SUPPLY MARKET IN CHINA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.1.4 By vertical
                                            TABLE 35 INDUSTRIAL POWER SUPPLY MARKET IN CHINA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.2 Japan
                               9.2.5.2.1 Rising adoption of automation devices in lighting and industrial applications to support market growth in Japan
                               9.2.5.2.2 By product type
                                            TABLE 36 INDUSTRIAL POWER SUPPLY MARKET IN JAPAN, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.2.3 By output power
                                            TABLE 37 INDUSTRIAL POWER SUPPLY MARKET IN JAPAN, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.2.4 By vertical
                                            TABLE 38 INDUSTRIAL POWER SUPPLY MARKET IN JAPAN, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.3 India
                               9.2.5.3.1 Growing inclination of manufacturers toward using automated tools to spur industrial power supply demand in India
                               9.2.5.3.2 By product type
                                            TABLE 39 INDUSTRIAL POWER SUPPLY MARKET IN INDIA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.3.3 By output power
                                            TABLE 40 INDUSTRIAL POWER SUPPLY MARKET IN INDIA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.3.4 By vertical
                                            TABLE 41 INDUSTRIAL POWER SUPPLY MARKET IN INDIA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.4 Indonesia
                               9.2.5.4.1 Thriving automotive and petroleum industries to boost Indonesian industrial power supply market
                               9.2.5.4.2 By product type
                                            TABLE 42 INDUSTRIAL POWER SUPPLY MARKET IN INDONESIA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.4.3 By output power
                                            TABLE 43 INDUSTRIAL POWER SUPPLY MARKET IN INDONESIA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.4.4 By vertical
                                            TABLE 44 INDUSTRIAL POWER SUPPLY MARKET IN INDONESIA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.5 Malaysia
                               9.2.5.5.1 Booming automotive sector to accelerate Malaysian industrial power supply market growth
                               9.2.5.5.2 By product type
                                            TABLE 45 INDUSTRIAL POWER SUPPLY MARKET IN MALAYSIA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.5.3 By output power
                                            TABLE 46 INDUSTRIAL POWER SUPPLY MARKET IN MALAYSIA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.5.4 By vertical
                                            TABLE 47 INDUSTRIAL POWER SUPPLY MARKET IN MALAYSIA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.6 Thailand
                               9.2.5.6.1 Increasing investment in defense sector to foster industrial power supply market growth in Thailand
                               9.2.5.6.2 By product type
                                            TABLE 48 INDUSTRIAL POWER SUPPLY MARKET IN THAILAND, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.6.3 By output power
                                            TABLE 49 INDUSTRIAL POWER SUPPLY MARKET IN THAILAND, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.6.4 By vertical
                                            TABLE 50 INDUSTRIAL POWER SUPPLY MARKET IN THAILAND, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.7 Vietnam
                               9.2.5.7.1 Swelling demand for Industry 4.0 and flourishing semiconductor industry are expected to accelerate demand for power supplies in Vietnam
                               9.2.5.7.2 By product type
                                            TABLE 51 INDUSTRIAL POWER SUPPLY MARKET IN VIETNAM, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.7.3 By output power
                                            TABLE 52 INDUSTRIAL POWER SUPPLY MARKET IN VIETNAM, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.7.4 By vertical
                                            TABLE 53 INDUSTRIAL POWER SUPPLY MARKET IN VIETNAM, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.2.5.8 Rest of Asia Pacific
                               9.2.5.8.1 By product type
                                            TABLE 54 INDUSTRIAL POWER SUPPLY MARKET IN REST OF ASIA PACIFIC, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.2.5.8.2 By output power
                                            TABLE 55 INDUSTRIAL POWER SUPPLY MARKET IN REST OF ASIA PACIFIC, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.2.5.8.3 By vertical
                                            TABLE 56 INDUSTRIAL POWER SUPPLY MARKET IN REST OF ASIA PACIFIC, BY VERTICAL, 2019–2026 (USD MILLION)
    9.3 NORTH AMERICA
           9.3.1 IMPACT OF COVID-19 ON INDUSTRIAL POWER SUPPLY MARKET IN NORTH AMERICAN
                    FIGURE 28 SNAPSHOT: INDUSTRIAL POWER SUPPLY MARKET IN NORTH AMERICA, 2020
           9.3.2 BY PRODUCT TYPE
                    TABLE 57 INDUSTRIAL POWER SUPPLY MARKET IN NORTH AMERICA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
           9.3.3 BY OUTPUT POWER
                    TABLE 58 INDUSTRIAL POWER SUPPLY MARKET IN NORTH AMERICA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
           9.3.4 BY VERTICAL
                    TABLE 59 INDUSTRIAL POWER SUPPLY MARKET IN NORTH AMERICA, BY VERTICAL, 2019–2026 (USD MILLION)
           9.3.5 BY COUNTRY
                    TABLE 60 INDUSTRIAL POWER SUPPLY MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
                    9.3.5.1 US
                               9.3.5.1.1 Widespread use of LEDs in horticulture lighting and increased adoption of robotics in advanced manufacturing to elevate industrial power supply demand in US
                               9.3.5.1.2 By product types
                                            TABLE 61 INDUSTRIAL POWER SUPPLY MARKET IN US, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.3.5.1.3 By output power
                                            TABLE 62 INDUSTRIAL POWER SUPPLY MARKET IN US, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.3.5.1.4 By vertical
                                            TABLE 63 INDUSTRIAL POWER SUPPLY MARKET IN US, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.3.5.2 Canada
                               9.3.5.2.1 Stringent energy-efficiency regulations and standards for power electronic products to fuel Canadian industrial power supply market growth
                               9.3.5.2.2 By product type
                                            TABLE 64 INDUSTRIAL POWER SUPPLY MARKET IN CANADA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.3.5.2.3 By output power
                                            TABLE 65 INDUSTRIAL POWER SUPPLY MARKET IN CANADA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.3.5.2.4 By vertical
                                            TABLE 66 INDUSTRIAL POWER SUPPLY MARKET IN CANADA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.3.5.3 Mexico
                               9.3.5.3.1 High demand for electric and hybrid vehicles to fuel Mexican market for industrial supplies
                               9.3.5.3.2 By product type
                                            TABLE 67 INDUSTRIAL POWER SUPPLY MARKET IN MEXICO, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.3.5.3.3 By output power
                                            TABLE 68 INDUSTRIAL POWER SUPPLY MARKET IN MEXICO, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.3.5.3.4 By vertical
                                            TABLE 69 INDUSTRIAL POWER SUPPLY MARKET IN MEXICO, BY VERTICAL, 2019–2026 (USD MILLION)
    9.4 EUROPE
           9.4.1 IMPACT OF COVID-19 ON INDUSTRIAL POWER SUPPLY MARKET IN EUROPE
           9.4.2 BY PRODUCT TYPE
                    TABLE 70 INDUSTRIAL POWER SUPPLY MARKET IN EUROPE, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
           9.4.3 BY OUTPUT POWER
                    TABLE 71 INDUSTRIAL POWER SUPPLY MARKET IN EUROPE, BY OUTPUT POWER, 2019–2026 (USD MILLION)
           9.4.4 BY VERTICAL
                    TABLE 72 INDUSTRIAL POWER SUPPLY MARKET IN EUROPE, BY VERTICAL, 2019–2026 (USD MILLION)
           9.4.5 BY COUNTRY
                    TABLE 73 INDUSTRIAL POWER SUPPLY MARKET IN EUROPE, BY COUNTRY, 2019–2026 (USD MILLION)
                    9.4.5.1 UK
                               9.4.5.1.1 Increasing investments in aerospace & defense and automotive industries to spur industrial power supply market growth in UK
                               9.4.5.1.2 By product type
                                            TABLE 74 INDUSTRIAL POWER SUPPLY MARKET IN UK, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.4.5.1.3 By output power
                                            TABLE 75 INDUSTRIAL POWER SUPPLY MARKET IN UK, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.4.5.1.4 By vertical
                                            TABLE 76 INDUSTRIAL POWER SUPPLY MARKET IN UK, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.4.5.2 Germany
                               9.4.5.2.1 Thriving automobile industry and growing digitalization drive industrial power supply market growth in Germany
                               9.4.5.2.2 By product type
                                            TABLE 77 INDUSTRIAL POWER SUPPLY MARKET IN GERMANY, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.4.5.2.3 By output power
                                            TABLE 78 INDUSTRIAL POWER SUPPLY MARKET IN GERMANY, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.4.5.2.4 By vertical
                                            TABLE 79 INDUSTRIAL POWER SUPPLY MARKET IN GERMANY, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.4.5.3 France
                               9.4.5.3.1 Escalating need for DC power supplies to test electric components in aerospace & defense sector to strengthen market growth in France
                               9.4.5.3.2 By product type
                                            TABLE 80 INDUSTRIAL POWER SUPPLY MARKET IN FRANCE, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.4.5.3.3 By output power
                                            TABLE 81 INDUSTRIAL POWER SUPPLY MARKET IN FRANCE, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.4.5.3.4 By vertical
                                            TABLE 82 INDUSTRIAL POWER SUPPLY MARKET IN FRANCE, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.4.5.4 Rest of Europe
                               9.4.5.4.1 By product type
                                            TABLE 83 INDUSTRIAL POWER SUPPLY MARKET IN REST OF EUROPE, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.4.5.4.2 By output power
                                            TABLE 84 INDUSTRIAL POWER SUPPLY MARKET IN REST OF EUROPE, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.4.5.4.3 By vertical
                                            TABLE 85 INDUSTRIAL POWER SUPPLY MARKET IN REST OF EUROPE, BY VERTICAL, 2019–2026 (USD MILLION)
    9.5 SOUTH AMERICA
           9.5.1 IMPACT OF COVID-19 ON INDUSTRIAL POWER SUPPLY MARKET IN SOUTH AMERICA
           9.5.2 BY PRODUCT TYPE
                    TABLE 86 INDUSTRIAL POWER SUPPLY MARKET IN SOUTH AMERICA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
           9.5.3 BY OUTPUT POWER
                    TABLE 87 INDUSTRIAL POWER SUPPLY MARKET IN SOUTH AMERICA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
           9.5.4 BY VERTICAL
                    TABLE 88 INDUSTRIAL POWER SUPPLY MARKET IN SOUTH AMERICA, BY VERTICAL, 2019–2026 (USD MILLION)
           9.5.5 BY COUNTRY
                    TABLE 89 INDUSTRIAL POWER SUPPLY MARKET IN SOUTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION)
                    9.5.5.1 Argentina
                               9.5.5.1.1 Government policies to promote use of electric vehicles to drive Argentine market
                               9.5.5.1.2 By product type
                                            TABLE 90 INDUSTRIAL POWER SUPPLY MARKET IN ARGENTINA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.5.5.1.3 By output power
                                            TABLE 91 INDUSTRIAL POWER SUPPLY MARKET IN ARGENTINA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.5.5.1.4 By vertical
                                            TABLE 92 INDUSTRIAL POWER SUPPLY MARKET IN ARGENTINA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.5.5.2 Brazil
                               9.5.5.2.1 Emerging robotics market and growing automotive sales in Brazil to augment demand for industrial power supplies
                               9.5.5.2.2 By product type
                                            TABLE 93 INDUSTRIAL POWER SUPPLY MARKET IN BRAZIL, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.5.5.2.3 By output power
                                            TABLE 94 INDUSTRIAL POWER SUPPLY MARKET IN BRAZIL, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.5.5.2.4 By vertical
                                            TABLE 95 INDUSTRIAL POWER SUPPLY MARKET IN BRAZIL, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.5.5.3 Rest of South America
                               9.5.5.3.1 By product type
                                            TABLE 96 INDUSTRIAL POWER SUPPLY MARKET IN REST OF SOUTH AMERICA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.5.5.3.2 By output power
                                            TABLE 97 INDUSTRIAL POWER SUPPLY MARKET IN REST OF SOUTH AMERICA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.5.5.3.3 By vertical
                                            TABLE 98 INDUSTRIAL POWER SUPPLY MARKET IN REST OF SOUTH AMERICA, BY VERTICAL, 2019–2026 (USD MILLION)
    9.6 MIDDLE EAST & AFRICA
           9.6.1 IMPACT OF COVID-19 ON INDUSTRIAL POWER SUPPLY MARKET IN MIDDLE EAST & AFRICA
           9.6.2 BY PRODUCT TYPE
                    TABLE 99 INDUSTRIAL POWER SUPPLY MARKET IN MIDDLE EAST & AFRICA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
           9.6.3 BY OUTPUT POWER
                    TABLE 100 INDUSTRIAL POWER SUPPLY MARKET IN MIDDLE EAST & AFRICA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
           9.6.4 BY VERTICAL
                    TABLE 101 INDUSTRIAL POWER SUPPLY MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL, 2019–2026 (USD MILLION)
           9.6.5 BY COUNTRY
                    TABLE 102 INDUSTRIAL POWER SUPPLY MARKET IN MIDDLE EAST & AFRICA, BY COUNTRY, 2019–2026 (USD MILLION)
                    9.6.5.1 UAE
                               9.6.5.1.1 Growing installation of EV charging stations to promote industrial power supply market growth in UAE
                               9.6.5.1.2 By product type
                                            TABLE 103 INDUSTRIAL POWER SUPPLY MARKET IN UAE, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.6.5.1.3 By output power
                                            TABLE 104 INDUSTRIAL POWER SUPPLY MARKET IN UAE, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.6.5.1.4 By vertical
                                            TABLE 105 INDUSTRIAL POWER SUPPLY MARKET IN UAE, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.6.5.2 Saudi Arabia
                               9.6.5.2.1 Increasing investments in transportation and military & defense to fuel demand for industrial power supplies in Saudi Arabia
                               9.6.5.2.2 By product type
                                            TABLE 106 INDUSTRIAL POWER SUPPLY MARKET IN SAUDI ARABIA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.6.5.2.3 By output power
                                            TABLE 107 INDUSTRIAL POWER SUPPLY MARKET IN SAUDI ARABIA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.6.5.2.4 By vertical
                                            TABLE 108 INDUSTRIAL POWER SUPPLY MARKET IN SAUDI ARABIA, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.6.5.3 Qatar
                               9.6.5.3.1 Rapid developments in public transportation sector and high demand for AC–DC converters from petroleum industry to spur industrial power supply market in Qatar
                               9.6.5.3.2 By product type
                                            TABLE 109 INDUSTRIAL POWER SUPPLY MARKET IN QATAR, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.6.5.3.3 By output power
                                            TABLE 110 INDUSTRIAL POWER SUPPLY MARKET IN QATAR, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.6.5.3.4 By vertical
                                            TABLE 111 INDUSTRIAL POWER SUPPLY MARKET IN QATAR, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.6.5.4 Oman
                               9.6.5.4.1 Significant use of LED signage boards and strong focus on reducing carbon footprint to push industrial power supply market in Oman 
                               9.6.5.4.2 By product type
                                            TABLE 112 INDUSTRIAL POWER SUPPLY MARKET IN OMAN, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.6.5.4.3 By output power
                                            TABLE 113 INDUSTRIAL POWER SUPPLY MARKET IN OMAN, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.6.5.4.4 By vertical
                                            TABLE 114 INDUSTRIAL POWER SUPPLY MARKET IN OMAN, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.6.5.5 Kuwait
                               9.6.5.5.1 Increased adoption of robots in oil industry to boost demand for industrial power supply market in Kuwait
                               9.6.5.5.2 By product type
                                            TABLE 115 INDUSTRIAL POWER SUPPLY MARKET IN KUWAIT, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.6.5.5.3 By output power
                                            TABLE 116 INDUSTRIAL POWER SUPPLY MARKET IN KUWAIT, BY OUTPUT POWER,2019–2026 (USD MILLION)
                               9.6.5.5.4 By vertical
                                            TABLE 117 INDUSTRIAL POWER SUPPLY MARKET IN KUWAIT, BY VERTICAL, 2019–2026 (USD MILLION)
                    9.6.5.6 Rest of Middle East & Africa
                               9.6.5.6.1 By product type
                                            TABLE 118 INDUSTRIAL POWER SUPPLY MARKET IN REST OF MIDDLE EAST & AFRICA, BY PRODUCT TYPE, 2019–2026 (USD MILLION)
                               9.6.5.6.2 By output power
                                            TABLE 119 INDUSTRIAL POWER SUPPLY MARKET IN REST OF MIDDLE EAST & AFRICA, BY OUTPUT POWER, 2019–2026 (USD MILLION)
                               9.6.5.6.3 By vertical
                                            TABLE 120 INDUSTRIAL POWER SUPPLY MARKET IN REST OF MIDDLE EAST & AFRICA, BY VERTICAL, 2019–2026 (USD MILLION)

10 COMPETITIVE LANDSCAPE (Page No. - 156)
     10.1 KEY PLAYERS’ STRATEGIES
             TABLE 121 OVERVIEW OF STRATEGIES ADOPTED BY KEY INDUSTRIAL POWER SUPPLY MARKET PLAYERS, JANUARY 2018–JUNE 2021
     10.2 MARKET SHARE ANALYSIS
            TABLE 122 INDUSTRIAL POWER SUPPLY MARKET: DEGREE OF COMPETITION
             FIGURE 29 INDUSTRIAL POWER SUPPLY MARKET PLAYER SHARE ANALYSIS, 2020
     10.3 MARKET EVALUATION FRAMEWORK
           TABLE 123 MARKET EVALUATION FRAMEWORK, 2018–2021
     10.4 COMPANY EVALUATION QUADRANT
             10.4.1 STAR
             10.4.2 EMERGING LEADER
             10.4.3 PERVASIVE
             10.4.4 PARTICIPANT
                        FIGURE 30 INDUSTRIAL POWER SUPPLY MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2020
                        TABLE 124 COMPANY REGION FOOTPRINT
     10.5 COMPETITIVE SCENARIO
             TABLE 125 INDUSTRIAL POWER SUPPLY MARKET: PRODUCT LAUNCHES, JANUARY 2018–JUNE 2021
             TABLE 126 INDUSTRIAL POWER SUPPLY MARKET: DEALS, JANUARY 2018–JUNE 2021

11 COMPANY PROFILES (Page No. - 166)
(Business Overview, Products/solutions offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))* 
     11.1 KEY PLAYERS
             11.1.1 TDK LAMBDA
                        TABLE 127 TDK LAMBDA: COMPANY OVERVIEW
                        FIGURE 31 TDK LAMBDA: COMPANY SNAPSHOT
                        TABLE 128 TDK LAMBDA: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 129 TDK LAMBDA: PRODUCT LAUNCHES
             11.1.2 DELTA ELECTRONICS
                        TABLE 130 DELTA ELECTRONICS: COMPANY OVERVIEW
                        FIGURE 32 DELTA ELECTRONICS: COMPANY SNAPSHOT
                        TABLE 131 DELTA ELECTRONICS: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 132 DELTA ELECTRONICS: PRODUCT LAUNCHES
             11.1.3 MURATA POWER SOLUTIONS
                        TABLE 133 MURATA POWER SOLUTIONS: COMPANY OVERVIEW
                        FIGURE 33 MURATA POWER SOLUTIONS: COMPANY SNAPSHOT
                        TABLE 134 MURATA POWER SOLUTIONS: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 135 MURATA POWER SOLUTIONS: PRODUCT LAUNCHES
             11.1.4 ABB
                        TABLE 136 ABB: COMPANY OVERVIEW
                        FIGURE 34 ABB: COMPANY SNAPSHOT
                        TABLE 137 ABB: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 138 ABB: PRODUCT DEVELOPMENTS
                        TABLE 139 ABB: DEALS
             11.1.5 SIEMENS
                        TABLE 140 SIEMENS: COMPANY OVERVIEW
                        FIGURE 35 SIEMENS: COMPANY SNAPSHOT
                        TABLE 141 SIEMENS: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 142 SIEMENS: PRODUCT LAUNCHES AND DEVELOPMENTS
                        TABLE 143 SIEMENS: DEALS
             11.1.6 BEL FUSE
                        TABLE 144 BEL FUSE: COMPANY OVERVIEW
                        FIGURE 36 BEL FUSE: COMPANY SNAPSHOT
                        TABLE 145 BEL FUSE: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 146 BEL FUSE: PRODUCT LAUNCHES
                        TABLE 147 BEL FUSE: DEALS
             11.1.7 SL POWER ELECTRONICS
                        TABLE 148 SL POWER ELECTRONICS: COMPANY OVERVIEW
                        TABLE 149 SL POWER ELECTRONICS: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 150 SL POWER ELECTRONICS: PRODUCT LAUNCHES
                        TABLE 151 SL POWER ELECTRONICS: DEALS
             11.1.8 SYNQOR
                        TABLE 152 SYNQOR: COMPANY OVERVIEW
                        TABLE 153 SYNQOR: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 154 SYNQOR: PRODUCT LAUNCHES AND DEVELOPMENTS
             11.1.9 ASTRODYNE TDI
                        TABLE 155 ASTRODYNE TDI: COMPANY OVERVIEW
                        TABLE 156 ASTRODYNE TDI: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 157 ASTRODYNE TDI: PRODUCT LAUNCHES
                        TABLE 158 ASTRODYNE TDI: DEALS
             11.1.10 TRACO POWER
                        TABLE 159 TRACO POWER: COMPANY OVERVIEW
                        TABLE 160 TRACO POWER: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 161 TRACO POWER: PRODUCT LAUNCHES
             11.1.11 VICOR
                        TABLE 162 VICOR: COMPANY OVERVIEW
                        FIGURE 37 VICOR: COMPANY SNAPSHOT
                        TABLE 163 VICOR: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 164 VICOR: PRODUCT LAUNCHES
                        TABLE 165 VICOR: DEALS
             11.1.12 RECOM
                        TABLE 166 RECOM: COMPANY OVERVIEW
                        TABLE 167 RECOM: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 168 RECOM: PRODUCT LAUNCHES
                        TABLE 169 RECOM: DEALS
             11.1.13 ADVANCED ENERGY
                        TABLE 170 ADVANCED ENERGY: COMPANY OVERVIEW
                        FIGURE 38 ADVANCED ENERGY: COMPANY SNAPSHOT
                        TABLE 171 ADVANCED ENERGY: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 172 ADVANCED ENERGY: PRODUCT LAUNCHES
                        TABLE 173 ADVANCED ENERGY: DEALS
             11.1.14 XP POWER
                        TABLE 174 XP POWER: COMPANY OVERVIEW
                        FIGURE 39 XP POWER: COMPANY SNAPSHOT
                        TABLE 175 XP POWER: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 176 XP POWER: PRODUCT LAUNCHES
             11.1.15 MEAN WELL
                        TABLE 177 MEAN WELL: COMPANY OVERVIEW
                        TABLE 178 MEAN WELL: PRODUCTS/SOLUTIONS OFFERED
                        TABLE 179 MEAN WELL: PRODUCT LAUNCHES
             11.1.16 COSEL
                        TABLE 180 COSEL: COMPANY OVERVIEW
                        FIGURE 40 COSEL: COMPANY SNAPSHOT
           TABLE 181 COSEL: PRODUCTS/SOLUTIONS OFFERED
           TABLE 182 COSEL: PRODUCT LAUNCHES
     11.2 OTHER PLAYERS
             11.2.1 MTM POWER
             11.2.2 PULS
             11.2.3 PHOENIX CONTACT
             11.2.4 AMARA RAJA POWER SYSTEMS
*Details on Business Overview, Products/solutions offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.  

12 APPENDIX (Page No. - 234)
     12.1 INSIGHTS OF INDUSTRY EXPERTS
     12.2 DISCUSSION GUIDE
     12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.4 AVAILABLE CUSTOMIZATIONS
     12.5 RELATED REPORTS
     12.6 AUTHOR DETAILS

The study involved three major activities for estimating the current size of the global industrial power supply market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through rigorous primary research. Both top-down and bottom-up approaches were used to estimate the total market size. The market breakdown and data triangulation techniques were employed to estimate the market size of the segments and the corresponding subsegments.

Secondary Research

This research study involved the use of extensive secondary sources, directories, and databases, such as industrial power supply vertical associations in Asia Pacific and North America regions, industry publications, several newspaper articles, Bloomberg, Factiva, and journals, to identify and collect information useful for a technical, market-oriented, and commercial study of the industrial power supply market. Other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. 

Primary Research

The industrial power supply market comprises several stakeholders such as companies related to the industry; consulting companies in transportation, robotics, industrial 3D printing, lighting, laser, battery charging & test, test & measurement, semiconductor, and military & aerospace vertical areas; industrial power supply manufacturers; state & national energy authorities; dealers & suppliers; and vendors. The demand side of the market is characterized by the industrial power supply planned rollout, and expenditure across application sectors in all regions, investments by governments, and major players across end-use industries. The supply side is characterized by contracts & agreements, new product launches, mergers & acquisitions, and partnerships & collaborations among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is given below:

Industrial Power Supply Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the size of the industrial power supply market and its dependent submarkets. These methods were also extensively used to determine the extent of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and the demand for industrial power supply have been identified through extensive secondary research, and their market shares in the respective regions have been determined through both primary and secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Global Industrial Power Supply Market Size: Bottom-Up Approach

Industrial Power Supply Market Size, and Bottom-Up Approach

Data Triangulation

After arriving at the overall market size-using the market size estimation processes explained above-the market was split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides of the industrial power supply market.

Report Objectives

  • To define, describe, segment, and forecast the industrial power supply market based on the product type, output power, vertical, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall power station market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape of the market
  • To forecast the growth of the industrial power supply market with respect to the five main regions, namely, Asia Pacific, North America, Europe, South America, and Middle East & Africa
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies.
  • To track and analyze competitive developments such as contracts & agreements, investments & expansions, new product developments, and mergers & acquisitions in the industrial power supply market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for this report:

Company Information

  • Detailed analyses and profiling of additional market players
COVID-19

Get in-depth analysis of the COVID-19 impact on the Industrial Power Supply Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Industrial Power Supply Market

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Published ON
Aug, 2021
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