Vertical (Telecommunications, Consumer Electronics, Medical & Healthcare, Military & Aerospace, Transportation, Lighting, Food & Beverages, Industrial)
The consumer electronics segment in the DC power supplies market is anticipated to grow at a significant CAGR with about 25% share during the forecast period. The increase in this segment can be attributed to the increasing consumer electronics market. In addition, the segment is projected to grow as a result of an increasing investment in consumer electronics. According to the Indian government, investments of approximately USD 413 million would be generated in India's electronics manufacturing sector through the PLI programme by 2025 with a particular focus on cell phones and electronic components. Smartphones and other electronic devices are becoming more and more common in both domestic and foreign markets. There is also an increasing demand for innovative, innovative, and highly advanced electrical equipment. As a result of this development, there is expected to be growth in the production and supply of DC power adapter units for charging and operating these electronic devices.
Output Power (Up To 10kw, 10-100 kw, 100-250 kw)
DC power supplies market from the 100-250 kw segment is anticipated to have largest share of about 58% during the forecast period. For energy storage, semiconductor production, automotive test equipment, and other applications, programmable high output power supplies are usually used. Some of the principal characteristics of these high output power sources are constant controls, wide voltage range, high frequency and improved design. Moreover, due to the need of military avionics and testing goods that must be operational in extreme conditions, demand for high output DC power supplies on the market is expected to increase.
Our in-depth analysis of the global DC power supplies market includes the following segments:
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Author Credits: Dhruv Bhatia
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