About Rail Power Supply
These power supplies are alternating current (AC) to direct current (DC) transformers in a variety of ranges. The end-user can obtain the required DC output power by using the various settings available in the power supply. These power supply units are easy to install and require less or no maintenance. With above said advantages of rail power supplies, the downtime is kept at a minimum level without compromising the efficiency or the productivity of the plant. The rail power supplies are mainly used in industry automation and control, light industrial, instrumentation, process control etc. It has started playing the role of an indispensable part in terms of power supply quality and reliability.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The rail power supply units are very easy to use and more importantly easy to replace when some problem does occur. Thus the downtime of productivity is greatly reduced. Despite the presence of competition problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Rail Power Supply market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
PULS (United States), Siemens (Germany), Phoenix Contact (Germany), Weidmuller (Germany), Mean Well (Taiwan), ABB (Switzerland), TDK-Lambda (Japan), Schneider Electric (France), OMRON (Japan) and IDEC (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Murr, Allen-Bradley, Bel Power Solutions, SolaHD, TRACO Power and Reign Power.
Segmentation Overview
AMA Research has segmented the market of Global Rail Power Supply market by Type (AC-DC Power Supply and DC-DC Converter), Application (IT, Industry, Power & Energy, Oil & Gas and Others) and Region.
On the basis of geography, the market of Rail Power Supply has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Phase, the sub-segment i.e. Single-Phase will boost the Rail Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Output Power, the sub-segment i.e. Low will boost the Rail Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increasing Oil and Gas Industry across the World and Growing Innovation of New Input Systems
Market Growth Drivers:
The Growing Power and Energy Industry and Raising in the Demand for Rail Power Supply
Challenges:
Various Region-Wise Regulations and Safety Standards
Restraints:
High Price of Rail Power Supplies
Opportunities:
Increasing Requirement of Rail Power Supply in Various End-User Industries
Market Leaders and their expansionary development strategies
In June 2023, business transaction in which a company purchases all or part of another company’s stock or assets in order to expand its business reach and gain market share. Ideally, the acquiring company consumes all the managerial control of the acquired company. Typically, large companies acquire small companies but it can be vice-versa also.
In September 2022,COSEL Co, Ltd announced the launch of three new DIN Rail AC/DC power supplies for industrial applications. Based on its long experience and expertise in developing high efficiency power conversion solutions for demanding industrial applications optimized for highly automated manufacturing, Cosel’s design team has developed without compromise a new family, the WDA family that shortens Time-To-Market.
Key Target Audience
Component manufacturers, Electronics and semiconductor companies, Consumer electronics manufacturers, Technology providers, Original equipment manufacturers (OEMs), Technology standards organizations, forums, alliances, and associations, Universities and research organizations and Government bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.