Industrial Power Supply Market by Type (AC-DC Converter, DC-DC Converter, DC-AC Inverter), Output Power (Low Output (up to 1,000 kW), Medium Output (1,000 W10 kW), High Output (1075 kW), High Output (75150 kW), Vertical, Region - Global Forecast to 2024
[157 Pages Report] The global industrial power supply market size is projected to reach USD 12.8 billion by 2024 from an estimated value of USD 9.9 billion in 2019, at a CAGR of 5.4 % during the forecast period. The growth of the market is attributed to the high demand for industrial power supply in countries such as the US, China, and India.
In addition, the growing consumer electronics and lighting sector in nations such as China & the US with the implementation of industrial automation in the manufacturing industry are expected to boost the industrial power supply market growth during the forecast period.
The lighting segment is projected to be the largest industrial power supply market, by vertical, during the forecast period
The market has been segmented, by vertical, into lighting, consumer electronics, transportation, food & beverages, military & aerospace telecommunication, medical & healthcare, and others (power generation, oil & gas, marine and renewable energy). The lighting segment is estimated to be the largest segment of industrial power supply during the forecast period.
Some of the applications of LED lighting include automotive lighting, traffic signals, historical places lighting, electronic displays, street lighting, factory lighting, medical lighting, and space lighting. The eco-friendly and cost-effective nature of LED lights, together with government initiatives, is anticipated to propel the lighting segment in the industrial power supply industry.
The DC-AC inverter segment in industrial power supply industry is projected to be the fastest-growing market during the forecast period
The industrial power supply has been segmented, by product type, into AC-DC converter, DC-DC converter, and DC-AC inverter. The DC-AC inverter segment is estimated to be the fastest-growing during the forecast period. DC-AC inverters primarily find their application in areas such as electric motor speed control, power grid, HVDC power transmission, induction heating, solar, and electroshock weapons.
These inverters are best suited to survive extreme altitude, temperatures, and shock waves. The growing demand for AC power sources in HVDC power transmission & solar that can persist in extreme environmental conditions is likely to boost the DC-AC inverter segment in the industrial power supply market.
The medium output (1,000 W10 kW) segment is projected to be the fastest-growing industrial power supply industry, by output power, during the forecast period
The industrial power supply has been segmented by output power into low output (up to 1,000 W), medium output (1,000 W10 kW), high output (1075 kW), and high output (75150 kW). The medium output (1,000 W10 kW) segment is expected to be the fastest-growing market during the forecast period.
Medium output power supplies find its application in areas such as inverter stations in solar technology, light industrial systems, energy systems, wideband power amplifiers, RF application devices, audio/video broadcasting, automatic test equipment, packing equipment, PET scanners, MRI scanners, CT scanners, and laser treatment machines used specifically in verticals including military & aerospace. The rising demand for medium output power supplies in areas such as industrial automation, transportation, railway signaling, warehousing, and medical & healthcare is propelling the growth of the industrial power supply market.
Asia Pacific is projected to be the largest market during the forecast period
In this report, the industrial power supply industry is segmented into five regions, namely, Asia Pacific, Europe, North America, South America, and the Middle East & Africa. Asia Pacific is predicted to account for the largest industrial power supply market share from 2019 to 2024.
Also, it is expected to be the fastest-growing market for industrial power supply during the forecast period. Asia Pacific is the home for two of the fastest-growing economies of the world-India, and China. The increased manufacturing activity in the automation sector, along with the booming construction industry in India and China, are on the rise, which is expected to create the demand for industrial power supply during the forecast period.
Key Market Players
The major players in the industrial power supply market are TDK Lambda (US), XP Power (Singapore), Delta Electronics (Taiwan), Siemens (Germany), Murata Power Solutions (US), ABB (Switzerland), MEAN WELL (Taiwan), Cosel (Japan), CUI (US), Artesyn Embedded Power (US) , and Phoenix Contact (Germany).
XP Power is a leading provider of power solutions, including AC-DC power supplies, DC-DC converters, high voltage power supplies, and RF power supplies. The company operates through four business segments, namely, semiconductor manufacturing, industrial, healthcare, and technology. The company provides industrial power supply through its industrial and healthcare business segment. The industrial business segment offers power solutions for factory automation, automated test equipment, industrial control, instrumentation, and hazardous environments. The healthcare business segment offers medically approved power solutions for use in patient vicinity applications, and in the lab environment, including class II approvals for homecare devices. Moreover, XP Power is developing Green XP Power converters, which emits less CO2 emissions. Green XP Power products have ultra-high efficiency and low standby power. This helped the company in reducing the amount of wastage and heat loss during the operation within a customers end application which has helped the company to increase its order intake globally.
Delta Electronics is among the leading producers of power supplies that are used mainly for industrial, medical, and consumer electronic devices. The company operates through three business segments, namely, power electronics, automation, and infrastructure. It provides industrial power supply through its infrastructure business segment. The infrastructure business segment offers industrial and medical power solutions. Some of the major end-users for the companys industrial power supply are food & beverage, lighting, medical, automotive, renewable energy, and others. Delta Electronics in India is the major provider of telecom power solutions. Moreover, the company has invested USD 630 million in 2018, which is 11.9% more than the previous year's R&D expenditure. Also, Delta Electronics is among the first to adopt international targets to reduce carbon emissions scientifically. The company has set the aim to reduce the carbon intensity by 56.6% by 2025, with 2014 as the benchmark. The adoption of manufacturing reduced carbon emissions, power supply products helps the company to retain its position by selling more units, in comparison to its competitors.
Scope of the Report
|
Report Metric |
Details |
|
Market size available for years |
20172024 |
|
Base year considered |
2018 |
|
Forecast period |
20192024 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Product Type, Output Power, Vertical, and Region |
|
Geographies covered |
Asia Pacific, North America, Europe, South America, and the Middle East & Africa |
|
Companies covered |
TDK Lambda (US), XP Power (Singapore), Delta Electronics (Taiwan), Siemens (Germany), Murata Power Solutions (US), ABB (Switzerland), MEAN WELL (Taiwan), Cosel (Japan), CUI (US), Artesyn Embedded Power (US) , and Phoenix Contact (Germany) |
This research report categorizes the market by product type, output power, vertical, and region.
By product type- AC-DC Converter
- DC-DC Converter
- DC-AC Inverter
By output power
- Low Output (Up to 1,000 W)
- Medium Output (1,000 W10 kW)
- High Output (1075 kW)
- High Output (75150 kW)
By vertical
- Lighting
- Consumer Electronics
- Transportation
- Food & Beverages
- Military & Aerospace
- Telecommunication
- Medical & Healthcare
- Others (Power generation, oil & gas, marine and renewable energy)
By region:
- Asia Pacific
- North America
- Europe
- South America
- Middle East & Africa
Recent Developments
- In September 2019, XP Power introduced two new series of wide input range chassis and DIN rail mount DC-DC converters that offer rapid installation into a wide variety of industrial and ITE applications. The DTE06 and DTE10 DC-DC converters provide 6W and 10W of power and offer a 4:1 input range, giving a wide tolerance for fluctuating supplies.
- In October 2019, Murata Power Solutions launched the PQU650 series of open-frame, 650 W-rated AC-DC power supplies. The PQU650 series offers the highest power-density, with forced-air- and convection-cooled ambient ratings.
Key Questions Addressed by the Report
- What are the revolutionary technology trends that could be witnessed over the next five years?
- What will be the revenue pockets for the industrial power supply market in the next five years?
- Which of the type segments will have the maximum opportunity to grow during the forecast period?
- Which will be the leading regions with the largest market share by 2024?
- How are the companies implementing organic and inorganic strategies to gain increased market share?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 18)
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 22)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Demand-Side Analysis
2.2.1.1 Assumptions
2.3 Data Triangulation
2.3.1 Supply-Side Analysis
2.3.1.1 Assumptions
2.3.1.2 Calculations
2.3.2 Forecast
2.4 Some of the Insights of Industry Experts
3 Executive Summary (Page No. - 29)
4 Premium Insights (Page No. - 33)
4.1 Attractive Opportunities in the Industrial Power Supply Market During the Forecast Period
4.2 Industrial Power Supply Market, By Product Type
4.3 Industrial Power Supply Market, By Output Power
4.4 Industrial Power Supply Market, By Vertical
4.5 Industrial Power Supply Market, By Region
5 Market Overview (Page No. - 37)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Emerging Telecommunication Sector
5.2.1.2 Increasing Demand for Energy-Efficient Power Supply Devices
5.2.2 Restraints
5.2.2.1 Increasing Adoption of High-Voltage Direct Current (HVDC) & Renewable Energy Sources Restrict the AC-DC Power Supply Market
Growth
5.2.2.2 Imposition of Regional/Country-Wise Regulatory Compliance and Safety Standards
5.2.3 Opportunities
5.2.3.1 Growing Demand for Power Supply in Medical & Healthcare Devices
5.2.3.2 Increasing Number of Data Centers
5.2.4 Challenges
5.2.4.1 Gray Market Providing Low-Quality Products
5.2.4.2 Stringent Design Considerations for Input Power/Nonstandard Ac & Dc Inputs
6 Industrial Power Supply Market, By Product Type (Page No. - 43)
6.1 Introduction
6.2 AC-DC Converter
6.2.1 Rising Demand for Dc Power Sources in Numerous Industrial & Medical Applications is Expected to Drive the AC-DC Converter Segment
6.2.1.1 Enclosed/Encapsulated
6.2.1.2 Din Rail
6.2.1.3 Open Frame
6.2.1.4 Pcb Mount
6.2.1.5 Configurable Type
6.3 Dc-Dc Converter
6.3.1 Increasing Demand From the Automotive and Aeronautics & Space Industries is Expected to Boost the Dc-Dc Converter Segment
6.3.1.1 Isolated
6.3.1.2 Nonisolated
6.4 Dc-Ac Inverter
6.4.1 Increasing Demand for Ac Power Sources in HVDC Power Transmission and Solar Equipment That Can Persist in Extreme Environmental Conditions is Likely to Boost the Dc-Ac Inverter Segment
6.4.1.1 Wall-Mount Inverter
6.4.1.2 Rack-Mount Inverter
6.4.1.3 Card-Mount Inverter
7 Industrial Power Supply Market, By Output Power (Page No. - 49)
7.1 Introduction
7.2 Low Output (Up to 1,000 W)
7.2.1 Growing Automation and Digitalization in Industrial and Telecommunication Applications are Expected to Boost the Demand for Low-Output Power Supplies
7.3 Medium Output (1,000 W10 kW)
7.3.1 Increasing Demand for Medium-Output Power Supplies in the Medical & Healthcare Industry is Anticipated to Boost Their Demand in the Industrial Power Supply Industry
7.4 High Output (1075 kW)
7.4.1 Growing Demand for Power Supplies, Which Can Withstand Extreme Environmental Conditions in Avionics & Military, is Likely to Drive the Demand for High Output Power Supplies
7.5 High Output (75150 kW)
7.5.1 Mounting Demand for Programmable Power Supplies for Oem, Industrial, and Laboratory Purposes is Expected to Boost the Demand for High-Output Power Supplies in the Industrial Power Supply Industry
8 Industrial Power Supply Market, By Vertical (Page No. - 55)
8.1 Introduction
8.2 Lighting
8.2.1 Government Initiatives to Promote Cost-Effective and Eco-Friendly Led Lightings are Likely to Boost the Lighting Segment
8.3 Consumer Electronics
8.3.1 Increasing Number of Digitally Compatible Systems That Require AC-DC and Dc-Dc Power Source for Their Operation is Expected to Boost the Consumer Electronics Segment
8.4 Transportation
8.4.1 Rising Demand for AC-DC Or Dc-Dc Power Supplies in Road, Marine, and Rail Transport is Expected to Drive the Industrial Power Supply Industry
8.5 Food & Beverage
8.5.1 Various Applications and Functions in Food & Beverage Segment Involving A Dependable Power Source for Remarkable Operational Efficiency are Expected to Drive the Industrial Power Supply Industry
8.6 Military & Aerospace
8.6.1 Rising Demand for A Reliable Power Source That Can Cope With A Wide Range of Temperatures & Rugged Environmental Conditions is Expected to Boost the Military & Aerospace Segment
8.7 Telecommunication
8.7.1 Huge Power Consumption in Data Centers Accompanied By the Increasing Demand for AC-DC and Dc-Dc Power Sources in the Telecommunication Sector is Anticipated to Drive This Segment
8.8 Medical & Healthcare
8.8.1 Increasing Demand for AC-DC Power Source in the Medical & Healthcare Industry for Accurate Diagnosis and Treatment is Likely to Boost the Industrial Power Supply Industry
8.9 Others
9 Industrial Power Supply Market, By Region (Page No. - 68)
9.1 Introduction
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Widespread Use of Consumer Electronics and Stringent Rohs Directive are Expected to Drive the Industrial Power Supply Industry in China
9.2.2 Japan
9.2.2.1 Rising Demand for Automation Devices in Street Lighting and Industrial Applications is Expected to Boost the Industrial Power Supply Industry in Japan
9.2.3 India
9.2.3.1 Government Initiatives and Increased Manufacturing Activities in the Automation Sector are Expected to Drive the Industrial Power Supply Industry in India
9.2.4 Indonesia
9.2.4.1 Increasing Demand for Power Supplies From the Automotive and Petroleum Industries is Expected to Boost the Indonesian Industrial Power Supply Industry
9.2.5 Malaysia
9.2.5.1 Growing Electronics and Automotive Sectors are Expected to Drive the Malaysian Industrial Power Supply Industry
9.2.6 Thailand
9.2.6.1 Growing Electronics Manufacturing Industry and Increasing Investment in the Defense Sector are Expected to Drive the Industrial Power Supply Industry in Thailand
9.2.7 Vietnam
9.2.7.1 Increasing Power Generation Capacity and Growing Consumption of Electronics are Expected to Accelerate the Industrial Power Supply Industry in Vietnam
9.2.8 Rest of Asia Pacific
9.3 North America
9.3.1 US
9.3.1.1 Widespread Use of Leds and Advancements in Medical Equipment are Expected to Drive the Industrial Power Supply Industry in the US
9.3.2 Canada
9.3.2.1 Stringent Energy-Efficiency Regulations and Standards for Power Electronic Products are Expected to Fuel the Canadian Industrial Power Supply Industry
9.3.3 Mexico
9.3.3.1 Increasing Expenditure on Healthcare and Consumer Electronics is Expected to Fuel the Mexican Industrial Power Supply Industry
9.4 Europe
9.4.1 UK
9.4.1.1 Development of Data Centers for the Expansion of Cloud Footprint in the European Province is Driving the Industrial Power Supply Industry in the UK
9.4.2 Germany
9.4.2.1 Increasing Investments in the Automobile Industry and Growing Digitalization Pertaining to Connected and Autonomous Driving are Boosting the Industrial Power Supply Industry in Germany
9.4.3 France
9.4.3.1 Demand for Dc-Operated Healthcare Settings With Uninterrupted Power Supply Systems is Likely to Boost the Industrial Power Supply Industry in France
9.4.4 Rest of Europe
9.5 South America
9.5.1 Argentina
9.5.1.1 Growing Investments in the Telecommunication and Medical Equipment Sectors in Argentina is Likely to Drive the Industrial Power Supply Industry in the Country
9.5.2 Brazil
9.5.2.1 Stringent Regulations to Monitor Medical & Healthcare Devices are Likely to Drive the Industrial Power Supply Industry in the Country
9.5.3 Rest of South America
9.6 Middle East & Africa
9.6.1 UAE
9.6.1.1 Growing Installation of Ev Charging Stations and Increasing Investments in the Healthcare Sector are Likely to Drive the Industrial Power Supply Industry in the UAE
9.6.2 Saudi Arabia
9.6.2.1 Increasing Investments in the Telecommunication Sector are Expected to Boost the Demand for Industrial Power Supply in Saudi Arabia
9.6.3 Qatar
9.6.3.1 Developments in the Public Transportation Sector and High Demand for AC-DC Converters in the Petroleum Industry are Likely to Drive the Industrial Power Supply Industry in Qatar
9.6.4 OMAN
9.6.4.1 Advancements in Diagnostic Capabilities and High Demand for Low Output Power Converters in Medical Equipment are Expected to Drive the Industrial Power Supply Industry in OMAN
9.6.5 Kuwait
9.6.5.1 Growing Oil Industry is Expected to Boost the Demand for the Industrial Power Supply Industry in Kuwait
9.6.6 Rest of Middle East & Africa
10 Competitive Landscape (Page No. - 106)
10.1 Introduction
10.2 Market Share Analysis
10.3 Competitive Scenario
10.3.1 New Product Launches
10.3.2 Investments & Expansions
10.3.3 Contracts & Agreements
10.3.4 Mergers & Acquisitions
10.4 Competitive Leadership Mapping
10.4.1 Visionary Leaders
10.4.2 Innovators
10.4.3 Dynamic Differentiators
10.4.4 Emerging Players
11 Company Profiles (Page No. - 111)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1 XP Power
11.2 Delta Electronics
11.3 Murata Power Solutions
11.4 Siemens
11.5 TDK Lambda
11.6 MEAN WELL
11.7 ABB
11.8 Cosel
11.9 CUI
11.10 Amara Raja Power Systems
11.11 Artesyn Embedded Power
11.12 Phoenix Contact
11.13 Acopian
11.14 Puls
11.15 MTM Power
11.16 FSP
11.17 Power Innovation
11.18 Power Control Systems
11.19 Magna Power
11.20 Regatron
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 149)
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
List of Tables (101 Tables)
Table 1 Industrial Power Supply Market, By Output Power: Inclusions & Exclusions
Table 2 Industrial Power Supply Industry: Ideal Demand-Side Approach
Table 3 Industrial Power Supply Market Snapshot
Table 4 Regulatory Compliance & Safety Standards
Table 5 Single-Phase Voltage and Frequency Specification for Different Countries
Table 6 Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 7 AC-DC Converter: Market Size, By Region, 20172024 (USD Million)
Table 8 Dc-Dc Converter: Market Size, By Region, 20172024 (USD Million)
Table 9 Dc-Ac Inverter: Market Size, By Region, 20172024 (USD Million)
Table 10 Industrial Power Supply Market Size, By Output Power, 20172024 (USD Million)
Table 11 Low Output (Up to 1,000 W): Market Size, By Region, 20172024 (USD Million)
Table 12 Medium Output (1,000 W10 kW): Market Size, By Region, 20172024 (USD Million)
Table 13 High Output (1075 kW): Market Size, By Region, 20172024 (USD Million)
Table 14 High Output (75150 kW): Market Size, By Region, 20172024 (USD Million)
Table 15 Industrial Power Supply Market Size, By Vertical, 20172024 (USD Million)
Table 16 Lighting: Market Size, By Region, 20172024 (USD Million)
Table 17 Lighting: Market Size, By Output Power, 20172024 (USD Million)
Table 18 Consumer Electronics: Market Size, By Region, 20172024 (USD Million)
Table 19 Consumer Electronics: Market Size, By Output Power, 20172024 (USD Million)
Table 20 Transportation: Market Size, By Region, 20172024 (USD Million)
Table 21 Transportation: Market Size, By Output Power, 20172024 (USD Million)
Table 22 Food & Beverage: Market Size, By Region, 20172024 (USD Million)
Table 23 Food & Beverage: Market Size, By Output Power, 20172024 (USD Million)
Table 24 Military & Aerospace: Market Size, By Region, 20172024 (USD Million)
Table 25 Military & Aerospace: Market, By Output Power, 20172024 (USD Million)
Table 26 Telecommunication: Market Size, By Region, 20172024 (USD Million)
Table 27 Telecommunication: Market Size, By Output Power, 20172024 (USD Million)
Table 28 Medical & Healthcare: Market Size, By Region, 20172024 (USD Million)
Table 29 Medical & Healthcare: Market Size, By Output Power, 20172024 (USD Million)
Table 30 Others: Market Size, By Region, 20172024 (USD Million)
Table 31 Others: Market Size, By Output Power, 20172024 (USD Million)
Table 32 Market Size, By Region, 20172024 (USD Million)
Table 33 Asia Pacific: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 34 Asia Pacific: Market Size, By Output Power, 20172024 (USD Million)
Table 35 Asia Pacific: Market Size, By Vertical, 20172024 (USD Million)
Table 36 Asia Pacific: Market Size, By Country, 20172024 (USD Million)
Table 37 China: Market Size, By Product Type, 20172024 (USD Million)
Table 38 China: Market Size, By Output Power, 20172024 (USD Million)
Table 39 Japan: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 40 Japan: Market Size, By Output Power, 20172024 (USD Million)
Table 41 India: Market Size, By Product Type, 20172024 (USD Million)
Table 42 India: Market Size, By Output Power, 20172024 (USD Million)
Table 43 Indonesia: Market Size, By Product Type, 20172024 (USD Million)
Table 44 Indonesia: Market Size, By Output Power, 20172024 (USD Million)
Table 45 Malaysia: Market Size, By Product Type, 20172024 (USD Million)
Table 46 Malaysia: Market Size, By Output Power, 20172024 (USD Million)
Table 47 Thailand: Market Size, By Product Type, 20172024 (USD Million)
Table 48 Thailand: Market Size, By Output Power, 20172024 (USD Million)
Table 49 Vietnam: Market Size, By Product Type, 20172024 (USD Million)
Table 50 Vietnam: Market Size, By Output Power, 20172024 (USD Million)
Table 51 Rest of Asia Pacific: Market Size, By Product Type, 20172024 (USD Million)
Table 52 Rest of Asia Pacific: Market Size, By Output Power, 20172024 (USD Million)
Table 53 North America: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 54 North America: Market Size, By Output Power, 20172024 (USD Million)
Table 55 North America: Market Size, By Vertical, 20172024 (USD Million)
Table 56 North America: Market Size, By Country, 20172024 (USD Million)
Table 57 US: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 58 US: Market Size, By Output Power, 20172024 (USD Million)
Table 59 Canada: Market Size, By Product Type, 20172024 (USD Million)
Table 60 Canada: Market Size, By Output Power, 20172024 (USD Million)
Table 61 Mexico: Market Size, By Product Type, 20172024 (USD Million)
Table 62 Mexico: Market Size, By Output Power, 20172024 (USD Million)
Table 63 Europe: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 64 Europe: Market Size, By Output Power, 20172024 (USD Million)
Table 65 Europe: Market Size, By Vertical, 20172024 (USD Million)
Table 66 Europe: Market Size, By Country, 20172024 (USD Million)
Table 67 UK: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 68 UK: Market Size, By Output Power, 20172024 (USD Million)
Table 69 Germany: Market Size, By Product Type, 20172024 (USD Million)
Table 70 Germany: Market Size, By Output Power, 20172024 (USD Million)
Table 71 France: Market Size, By Product Type, 20172024 (USD Million)
Table 72 France: Market Size, By Output Power, 20172024 (USD Million)
Table 73 Rest of Europe: Market Size, By Product Type, 20172024 (USD Million)
Table 74 Rest of Europe: Market Size, By Output Power, 20172024 (USD Million)
Table 75 South America: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 76 South America: Market Size, By Output Power, 20172024 (USD Million)
Table 77 South America: Market Size, By Vertical, 20172024 (USD Million)
Table 78 South America: Market Size, By Country, 20172024 (USD Million)
Table 79 Argentina: Market Size, By Product Type, 20172024 (USD Million)
Table 80 Argentina: Market Size, By Output Power, 20172024 (USD Million)
Table 81 Brazil: Industrial Power Supply Market Size, By Product Type,20172024 (USD Million)
Table 82 Brazil: Market Size, By Output Power, 20172024 (USD Million)
Table 83 Rest of South America: Market Size, By Product Type, 20172024 (USD Million)
Table 84 Rest of South America: Market Size, By Output Power, 20172024 (USD Million)
Table 85 Middle East & Africa: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 86 Middle East & Africa: Market Size, By Output Power, 20172024 (USD Million)
Table 87 Middle East & Africa: Market Size, By Vertical, 20172024 (USD Million)
Table 88 Middle East & Africa: Market Size, By Country, 20172024 (USD Million)
Table 89 UAE: Market Size, By Product Type, 20172024 (USD Million)
Table 90 UAE: Market Size, By Output Power, 20172024 (USD Million)
Table 91 Saudi Arabia: Industrial Power Supply Market Size, By Product Type, 20172024 (USD Million)
Table 92 Saudi Arabia: Market Size, By Output Power, 20172024 (USD Million)
Table 93 Qatar: Market Size, By Product Type, 20172024 (USD Million)
Table 94 Qatar: Market Size, By Output Power, 20172024 (USD Million)
Table 95 OMAN: Market Size, By Product Type, 20172024 (USD Million)
Table 96 OMAN: Market Size, By Output Power, 20172024 (USD Million)
Table 97 Kuwait: Market Size, By Product Type, 20172024 (USD Million)
Table 98 Kuwait: Market Size, By Output Power, 20172024 (USD Million)
Table 99 Rest of Middle East & Africa: Market Size, By Product Type, 20172024 (USD Million)
Table 100 Rest of Middle East & Africa: Market Size, By Output Power, 20172024 (USD Million)
Table 101 Developments of Key Players in the Market, January 2016November 2019
List of Figures (39 Figures)
Figure 1 Industrial Power Supply Market: Research Design
Figure 2 Data Triangulation
Figure 3 Market Estimation Methodology: Supply Side
Figure 4 Ranking of Key Players and Industry Concentration, 2018
Figure 5 Asia Pacific is Expected to Dominate the Industrial Power Supply Market in Terms of CAGR During the Forecast Period
Figure 6 AC-DC Converter Segment is Expected to Lead the Industrial Power Supply Market, By Product Type, During the Forecast Period
Figure 7 Low Output (Up to 1,000 W) Segment is Expected to Lead the Industrial Power Supply Market, By Output Power, During the Forecast Period
Figure 8 Lighting Segment is Expected to Lead the Industrial Power Supply Market, By Vertical, During the Forecast Period
Figure 9 Rising Demand for Power Supplies in Lighting and Consumer Electronics Segments Along With Stringent Regulations for Design and Manufacturing of Energy-Efficient Power Supply/Conversion Devices is Driving the Industrial Power Supply Market, 20192024
Figure 10 AC-DC Converter Segment Dominated the Industrial Power Supply Industry in 2018
Figure 11 Low Output (Up to 1,000 W) Segment Dominated the Industrial Power Supply Industry in 2018
Figure 12 Lighting Segment Dominated the Industrial Power Supply Industry in 2018
Figure 13 Asia Pacific Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Industrial Power Supply Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 AC-DC Converter Segment Accounted for the Largest Market Share in 2018
Figure 16 Low Output (Up to 1,000 W) Segment Accounted for the Largest Market Share in 2018
Figure 17 Lighting Segment Accounted for the Largest Market Share in 2018
Figure 18 Regional Snapshot: the Asia Pacific Industrial Power Supply Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Industrial Power Supply Industry Share (Value), By Region, 2018
Figure 20 Asia Pacific: Market Snapshot
Figure 21 North America: Market Snapshot
Figure 22 Key Developments in the Industrial Power Supply Market During January 2016November 2019
Figure 23 Market Share Analysis, 2018
Figure 24 Industrial Power Supply Market (Global) Competitive Leadership Mapping, 2018
Figure 25 XP Power: Company Snapshot
Figure 26 XP Power: SWOT Analysis
Figure 27 Delta Electronics: Company Snapshot
Figure 28 Delta Electronics: SWOT Analysis
Figure 29 Murata Power Solutions: Company Snapshot
Figure 30 Murata Power Solutions: SWOT Analysis
Figure 31 Siemens: Company Snapshot
Figure 32 Siemens: SWOT Analysis
Figure 33 TDK Lambda: Company Snapshot
Figure 34 TDK Lambda: SWOT Analysis
Figure 35 MEAN WELL : SWOT Analysis
Figure 36 ABB: Company Snapshot
Figure 37 Cosel: Company Snapshot
Figure 38 CUI: Company Snapshot
Figure 39 Amara Raja Power Systems: Company Snapshot
This study involved four major activities in estimating the current size of the 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 UNCTAD data, industry publications, several newspaper articles, Statista Industry Journal, Factiva, and industrial power supply journal, to identify and collect information useful for a technical, market-oriented, and commercial study of the industrial power supply market. The 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 government & research organizations, institutional investors, investors/shareholders, manufacturers associations, industrial power supply product manufacturers, and industrial power supply original equipment manufacturers (OEMs). The supply side is characterized by the increasing adoption of new product launches, contracts & agreements, and mergers & acquisitions among leading 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:
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the size of the global market and its dependent submarkets. These methods were also extensively used to estimate the size 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 market were identified through extensive secondary research, and their market shares in the respective regions were determined through both primary and secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as 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, the 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 in the industrial power supply.
Report Objectives
- To define, describe, segment, and forecast the industrial power supply market by product type, output power, vertical, and region
- To provide detailed information on the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the market with respect to individual growth trends, future expansions, and contribution of each segment to the market
- To analyze market opportunities for stakeholders and details of the competitive landscape for market leaders
- To forecast the growth of the industrial power supply market with respect to the regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa
- To profile and rank key players and comprehensively analyze their respective market shares
- To analyze competitive developments such as contracts & agreements, investments & expansions, new product launches, and mergers & acquisitions in the market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations as per the clients specific needs. The following customization options are available for this report:
Regional Analysis
- Further breakdown of region or country-specific analysis
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Industrial Power Supply Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Industrial Power Supply Market