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Power Supply Market Share, Trends, Business Strategy and Forecast to 2027

Press Release

A power supply is an electric device that supplies power to an electrical load. The primary function is to convert electric current from a source to the correct voltage, current, and frequency to power the load.  It may also convert a different form of energy – such as solar, mechanical, or chemical – into electrical energy.

The power supply market is heavily influenced by driving factors such as growing adoption of home and building automation systems, emerging telecommunications sector and increasing demand for energy-efficient devices/appliances boosts the market growth. However, the increase in adoption of high-voltage direct current (HVDC) and renewable energy sources may affect the growth of AC-DC power supply market is impacting negatively on the growth of this market in the current market scenario.

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In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

  • Artesyn
  • COSEL USA, Inc.
  • Delta Electronics, Inc.
  • MEAN WELL Enterprises Co., Ltd
  • Murata Power Solutions
  • Puls Technologies Inc.
  • Siemens
  • TDK-Lambda Corporation
  • XP Power

The global power supply market is segmented on the basis of product type, output power and by vertical. Based on product type the market is segmented as AC-DC power supply and DC-DC converter. On the basis of output power the market is segmented as power supply with low output (500 W and below), power supply with medium output (500-1,000 W) and power supply with high output (More Than 1,000 W). On the basis of vertical the market is segmented as telecommunications, consumer electronics, medical and healthcare, military and aerospace, transportation, lighting, food and beverages and industrial.

Over the forecast period of 2019-2027, the Power Supply market is expected to experience a substantial growth rate. The report will highlight various factors such as drivers, futures trends and opportunities behind the growth rate.  The report will also provide insights on how the market will behave during the forecast period, and its potential impact on market segments, sub-segments and industry verticals at short term, midterm and long term basis. The market numbers presented in the report, are also portrayed in the graphical format for developing better understanding and analyzing the market.

The Power Supply market size is derived primarily form the supply side (i.e. the market players operating in global Power Supply market) and therefore, revenue of all the prominent leading companies operating across the value chain are taken into consideration across regional, global and country level. Historical and current market information is collected from technical literature, paid databases, magazines, press releases, trade unions, company presentations, annual reports, and other information available in public domain. Additionally, the research team also refers various paid data sources such as Factiva, Hoovers, Bloomberg, and numerous other sources were also referred to derive company’s annual revenue, and other segment related financial information. Also, market forecasting and key industry trends information such as growth prospects, market composition, market dynamics, and segmentation confirmation is obtained from primary interviews with market participants including industry experts, regional managers, CEOs, market professional with substantial industry experienced.

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