Industrial Power Supply Market 2019-2024, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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The Global Industrial Power Supply Market size is estimated to be USD 9.9 billion in 2019 and projected to reach USD 12.8 billion by 2024, at a CAGR of 5.4% from 2019 to 2024. This report spread across 157 Pages, Profiling 20 Companies and Supported with 102 Tables and 38 figures are now available in this research.
Top Key Players Profiled in the Industrial Power Supply Market:
- TDK Lambda
- XP Power
- Delta Electronics
- Murata Power Solutions
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The AC-DC converter segment is anticipated to constitute the majority of the industrial power supply market share. These converters are suitable for consumer devices, medical devices, industrial & process control systems, measurement equipment, semiconductor fabrication equipment, and defense applications.
The increase in demand for industrial power supply in Asia Pacific is due to the growing demand for power supply devices from the automotive and petroleum & natural gas industry together with promising government initiatives.The increasing investments for infrastructure development are likely to contribute to the growth of the industrial power supply market.
Breakdown of primary participants’ profile:
- By Company Type: Tier I–60%, Tier II–27%, and Tier III–13%
- By Designation: C-level–55%, Managers–30%, and Others*–15%
- By Region: Asia Pacific–35%, North America–24%, Europe–21%, South America–11%,Middle East & Africa–9%
Competitive Landscape of Industrial Power Supply Market:
2 Market Share Analysis
3 Competitive Scenario
3.1 New Product Launches
3.2 Investments & Expansions
3.3 Contracts & Agreements
3.4 Mergers & Acquisitions
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.3 Dynamic Differentiators
4.4 Emerging Players
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