DC Power Supplies Market Share, Opportunities, Industry 2031
DC Power Supplies Market Share, Opportunities, Industry 2031
Segments - DC Power Supplies Market by Types (AC-DC and DC-DC), Output Powers (Up to 10 kW,10–100 kW, & 100-250 kW), Applications (Aerospace, Defense & Government Services, Automotive, Energy, Wireless Communication & Infrastructure, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :EP-4708
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| 165 Pages
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Report Description
DC Power Supplies Market Outlook 2031:
The global DC power supplies market size was valued at USD 394.25 Million in 2022 and is projected to reach USD 575.88 Million by 2031, expanding at a CAGR of 4.3% during the forecast period 2023 - 2031. The growth of the market is attributed to the rapid industrialization in emerging economies, improvement of economic conditions, and living standards of a large group population along with the growth in demand for industrial automation and consumable products.
A DC power supply is a type of power supply that gives direct current (DC) voltage to power a device. Direct current power supplies refer to a circuit that provides a constant and stable power supply to electronic modules. They are commonly available in two forms, linear power supplies and switching. The switching variants offer higher power efficiency, are compact and light in weight, and can be used for devices with high, medium, and low power output.
The linear variants use transformers to drop the voltage to alternating current (AC) and then convert it into DC voltage. DC power supplies offer numerous benefits, such as repeatable power on and off with minimal input-related problems, eliminating the need for external meters, relays, switching calibration, and shunts.
The DC power intake energy from one input and gives it to another power output. Input can refer to generators, batteries, solar power converters, fuel cells, and others. The output and input are hardwired circuit connections, but there are some power supplies that use wireless energy transfer to power the loads without the use of wired connections.
DC power supplies are highly used for testing various electronic devices such as medical & healthcare, consumer electronics, wireless communication & infrastructure, automotive, defense, and others.
DC Power Supplies Market COVID-19 Impact
The COVID-19 pandemic has negatively affected various industries. The shutdown of non-essential activities resulted in an economic slowdown and negatively impacted many sectors, including the global DC power supplies market.
The market players were suffering from substantial losses and were disrupted in supplying various support devices and electric appliances as most of the industries using DC-regulated power supply were shut down, due to the non-availability of sufficient demand from the global market. Hence, it hindered the growth of the DC power supplies market indirectly across the globe.
DC Power Supplies Market Dynamics
The report presents a complete market overview, and market dynamics by focusing on the current market trends, existing drivers, growth opportunities, and emerging challenges that shape the outcome or overall performance of the market during the forecast period, 2022 to 2030.
Major Drivers: Growing demand for energy-efficient electronic equipment
The research report finds that the growing demand for energy-efficient electronic equipment is expected to boost the sales of the DC power supplies market. Moreover, the rising demand for AC to DC converters for households has significantly increased, due to the rise in devices that require direct current for charging or running.
The office electronic and conventional domestic appliances need alternating current within a voltage value of 120 volts, thus the 12v adapters are essential. The adaptors supplying 12-volt power supply and within its adjacent ranges are expected to be the interesting product for the DC power supplies market. Availability of electricity supply is a basic requirement that is of growing importance to various national and international enterprises.
The economic situation and living standards of a sizable portion of the population, have recently improved with the rise in demand for domestic consumable goods.
Current Restraints: Lack of authorization and availability of low-quality products
The lack of authorization and availability of low-quality products in the region is anticipated to hamper the market growth during the forecast period. The logos and forged trademarks used by local manufacturers producing AC DC power supply adapters are provided at lower prices incurring a huge loss to the global DC power supplies market.
The increasing volume of e-waste garbage across the globe is a major concern nowadays. Authorities of many countries have started formulating stringent regulations for the management of discarded electronic appliances and gadgets in compliance with international norms. Regulations on isolated DC converter manufacturers to curb the amount of electronic waste generated by specific companies are projected to hinder market growth.
Market Opportunities: Increasing technological advancements in several industries
New product launches that require power up to 400 W and technological advancements in multiple industries such as automotive electronics, medical devices, consumer goods, industrial applications, and power tools are projected to create lucrative opportunities for the market players. Moreover, the growing renewable energy sector is anticipated to create a huge demand for analyzers in the global market.
Automation of production units needs programable power supply units through VFD devices. Improving living standards in lower income groups is anticipated to propel the market growth.
Scope of the DC Power Supplies Market Report
The report on the DC power supplies market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
DC Power Supplies Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (AC-DC and DC-DC), Output Powers (Up to 10 kW,10–100 kW, & 100-250 kW), and Applications (Aerospace, Defense & Government Services, Automotive, Energy, Wireless Communication & Infrastructure, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Keysight Technologies; AMETEK; Magna Power; Chroma ATE; Good Will Instrument; B&K Precision; TDK Lambda; Murata Power solutions; Mean Well; Artesyn Embedded Power; Acopian; Rohde & Schwarz; and Others. |
DC Power Supplies Market Segment Insights
AC-DC converters segment to expand at a considerable CAGR
In terms of types, the dc power supply market is segregated into AC-DC and DC-DC. The AC-DC converters segment is to expand at a considerable CAGR, due to the increase in devices that requires direct current for charging and running.
Office electronics and domestic appliances require alternating current within a voltage value of 120 volts. The adapters supplying a 12-volt power supply and within its adjacent ranges are expected to be the most demanding product for the global DC power supplies market.
100-250 kW segment to hold a significant share of the market
Based on Output Powers, the dc power supply market is divided into Up to 10 kW, 10–100 kW, and 100-250 kW. 100-250 kW is expected to hold a significant share of the market in the coming years, owing to its increasing demand for industrial appliances. The high output power supplies are mainly used for semiconductor fabrications, automotive test equipment, energy storage, aerospace & military, and others.
The low output power segment with a capacity of Up to 10 kW is projected to gain momentum during the forecast period, as it is majorly used in home appliances and occupies a large portion of the market by volume.
Automotive segment is expected to expand at a substantial CAGR
On the basis of the application, the DC power supply market is segmented into aerospace, defense & government services, automotive, energy, wireless communication & infrastructure, and others.
The automotive segment is expected to expand at a substantial CAGR, owing to some well-performed employing applications such as fuel cell testing, power battery testing, DC-DC converter testing, high-power battery testing, and AC/DC charging stations on-board chargers & charging interface testing are fueling the DC power supplies market across the globe.
The industrial segment is anticipated to expand at a rapid pace during the forecast period, due to large production units which operate on electricity around the world.
North America is expected to constitute a key market share
In terms of regions, the DC power supplies market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute the key market share during the forecast period, due to the growing aerospace & defense sector in the region.
The rising wireless communication & infrastructure segments are likely to boost the demand for the DC power supplies market in the North America region. However, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years, owing to the changing living standards in lower-income groups of rural areas.
Segments
The DC power supplies market has been segmented on the basis ofTypes
- AC-DC
- DC-DC
Output Powers
- Up to 10 kW
- 10–100 kW
- 100-250 kW
Applications
- Aerospace
- Defense & Government Services
- Automotive
- Energy
- Wireless Communication & Infrastructure
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Keysight Technologies
- AMETEK
- Chroma ATE
- Good Will Instrument
- B&K Precision
- TDK Lambda
- Mean Well
- Artesyn Embedded Power
- Acopian
- Rohde & Schwarz
Competitive Landscape
Key players competing in the global frozen yogurt market are Keysight Technologies; AMETEK; Magna Power; Murata Power solutions; Chroma ATE; Good Will Instrument; B&K Precision; TDK Lambda; Mean Well; Artesyn Embedded Power; Acopian; Rohde & Schwarz; and Others.
Some of these players have adopted a series of business development strategies including merger and acquisition, entering into partnerships and collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share.
- In January 2022, Magna Power launched an e-commerce platform for custom product configurations and this platform helps in integrating the specification as per the requirement of customers.
- In February 2020, Murata Power solutions expanded its production of D1U54 series by introducing 2000 W rated D1U54-x-2000 to 12 AC-DC power supplies and DC-DC power supplies.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. DC Power Supplies Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. DC Power Supplies Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. DC Power Supplies Market - Supply Chain
4.5. Global DC Power Supplies Market Forecast
4.5.1. DC Power Supplies Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. DC Power Supplies Market Size (000’ Units) and Y-o-Y Growth
4.5.3. DC Power Supplies Market Absolute $ Opportunity
5. Global DC Power Supplies Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. DC Power Supplies Market Size and Volume Forecast by Types
5.3.1. AC-DC
5.3.2. DC-DC
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global DC Power Supplies Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. DC Power Supplies Market Size and Volume Forecast by Applications
6.3.1. Aerospace
6.3.2. Defense & Government Services
6.3.3. Automotive
6.3.4. Energy
6.3.5. Wireless Communication & Infrastructure
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global DC Power Supplies Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. DC Power Supplies Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global DC Power Supplies Demand Share Forecast, 2019-2026
8. North America DC Power Supplies Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America DC Power Supplies Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America DC Power Supplies Market Size and Volume Forecast by Types
8.4.1. AC-DC
8.4.2. DC-DC
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America DC Power Supplies Market Size and Volume Forecast by Applications
8.7.1. Aerospace
8.7.2. Defense & Government Services
8.7.3. Automotive
8.7.4. Energy
8.7.5. Wireless Communication & Infrastructure
8.7.6. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America DC Power Supplies Demand Share Forecast, 2019-2026
9. Latin America DC Power Supplies Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America DC Power Supplies Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America DC Power Supplies Market Size and Volume Forecast by Types
9.4.1. AC-DC
9.4.2. DC-DC
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America DC Power Supplies Market Size and Volume Forecast by Applications
9.7.1. Aerospace
9.7.2. Defense & Government Services
9.7.3. Automotive
9.7.4. Energy
9.7.5. Wireless Communication & Infrastructure
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America DC Power Supplies Demand Share Forecast, 2019-2026
10. Europe DC Power Supplies Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe DC Power Supplies Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe DC Power Supplies Market Size and Volume Forecast by Types
10.4.1. AC-DC
10.4.2. DC-DC
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe DC Power Supplies Market Size and Volume Forecast by Applications
10.7.1. Aerospace
10.7.2. Defense & Government Services
10.7.3. Automotive
10.7.4. Energy
10.7.5. Wireless Communication & Infrastructure
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe DC Power Supplies Demand Share Forecast, 2019-2026
11. Asia Pacific DC Power Supplies Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific DC Power Supplies Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific DC Power Supplies Market Size and Volume Forecast by Types
11.4.1. AC-DC
11.4.2. DC-DC
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific DC Power Supplies Market Size and Volume Forecast by Applications
11.7.1. Aerospace
11.7.2. Defense & Government Services
11.7.3. Automotive
11.7.4. Energy
11.7.5. Wireless Communication & Infrastructure
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific DC Power Supplies Demand Share Forecast, 2019-2026
12. Middle East & Africa DC Power Supplies Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa DC Power Supplies Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa DC Power Supplies Market Size and Volume Forecast by Types
12.4.1. AC-DC
12.4.2. DC-DC
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa DC Power Supplies Market Size and Volume Forecast by Applications
12.7.1. Aerospace
12.7.2. Defense & Government Services
12.7.3. Automotive
12.7.4. Energy
12.7.5. Wireless Communication & Infrastructure
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa DC Power Supplies Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global DC Power Supplies Market: Market Share Analysis
13.2. DC Power Supplies Distributors and Customers
13.3. DC Power Supplies Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Keysight Technologies
13.4.2. AMETEK
13.4.3. Chroma ATE
13.4.4. Good Will Instrument
13.4.5. B&K Precision
13.4.6. TDK Lambda
13.4.7. Mean Well
13.4.8. Artesyn Embedded Power
Methodology
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