Industrial Power Supply Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The industrial power supply market accounted for $8.82 billion in 2018 and is expected to reach $15.4 billion, with an annual average growth of 6% over the forecast period until 2028. Growing demand for energy efficient power supplies and emerging telecommunications segments is driving the market growth. However, the increasing adoption of high voltage direct current (hvdc) and renewable energy are some of the factors holding back the market growth.

Company Profile

• TDK Lambda (US)
• XP Power (Singapore)
• Delta Electronics (Taiwan)
• Siemens (Germany)
• Murata Power Solutions (US)
• ABB (Switzerland)
• MEAN WELL (Taiwan)
• Cosel (Japan)

Market Segmentation

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 W–10 kW)
• High Output (10–75 kW)
• High Output (75–150 kW)

By vertical

• Lighting
• Consumer Electronics
• Transportation
• Food & Beverages
• Military & Aerospace

Scope of the Report

The research study analyzes the Industrial Power Supply industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Industrial Power Supply Market Report

1. What was the Industrial Power Supply Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Industrial Power Supply Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Industrial Power Supply Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.