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DC Stabilized Power Supply: Market Dynamics
Rapid growth of the electronic industry is set to propel the DC stabilized power supply market over the coming years. Furthermore, the DC stabilized power supply marker is expected to proportionally increase with the steady growth of the industrial sector. Growing critical electronic applications require precise voltage, which needs to be stabilized against fluctuations in input voltage and load. Hence, the DC stabilized power supply market is set to register significant growth in the coming years.
Moreover, the DC stabilized power supply market is gaining traction due to the increasing adoption of IoT across various industries. Increasing production and demand for electronic devices such as laptops, computers, mobile phones and other electronic devices, which requires constant DC supply, is driving the demand for DC stabilized power supply systems over the forecast period. Moreover, increasing automation in production and manufacturing sectors requires sophisticated power supply, thereby boosting the demand for DC stabilized power supply at a significant pace.
Manufacturers are emphasizing on designing and developing DC stabilized power supply with improved security, stabilisation and reliability. Furthermore, manufacturers are adding auxiliary and unique features to DC stabilized power supply, such as overload protection, etc., for product differentiation as well as to strengthen their market position. Advanced DC stabilized power supply is primarily driven by scientific research institutes.
DC Stabilized Power Supply: Segmentation
Based on type, global DC stabilized power supply market can be segmented as:
- Switching power supplies
- Linear power supplies
Based on structure, global DC stabilized power supply market can be segmented as:
- Bench Power Supply
- Open Frame Supply
- Rack Mount Power Supply
- Integrated Power Supply
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DC Stabilized Power Supply Market: Regional Outlook
The DC stabilized power supply market in Asia-Pacific is expected to witness prominent growth during the forecast period owing to rapid population growth, urbanisation and industrialisation. The growth in Asia-Pacific can be attributed to increasing investments in various industries, favourable government policies and increasing number of affluent families. Moreover, the DC stabilized power supply market is a fragmented market with Asia Pacific in the lead as a prominent manufacturing base, followed by China and Japan. North America & Europe are expected to witness steady growth. The growth of the DC stabilized power supply market in North America and Europe is expected to be benefited from the rapid growth of the electronics industry coupled with the increasing adoption of automation in various industries. The Latin America DC stabilized power supply market is expected present significant growth opportunities for the market participants. The growth of the market in the region is backed by increasing foreign direct investment, positive economic outlook and rapid industrial growth. Middle East & Africa is expected to witness moderate growth during the forecast period.
DC Stabilized Power Supply Market: Market Participants
Examples of some of the market participants involved in the DC stabilized power supply market are:
- ABB Ltd.
- Kikusui Electronics Co.
- XP Power
- FLIR Systems
- Texio Technology Corporation
- TAKIGEN MFG CO., LTD
- Triad Magnetics
- MCI Transformer Corporation
- PICO Electronics, Inc.
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- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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