About Module Power Supply
The global module power supply market is expected to grow in the future due to the rise in the number of consumer demand for energy-efficient lighting systems. The rise in the need for power supply in the healthcare and medical device market is boosting the overall growth of the module power supply market during the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global module power supply market is a fragmented industry owing to the presence of multiple global as well as regional players such as Siemens AG, Phoenix Contact, General Electric and others. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Module Power Supply market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens AG (Germany), Phoenix Contact (Germany), General Electric (United States), TDK-Lambda Corporation (Japan), Omron Corporation (Japan), Schneider Electric SE (France), MEAN WELL Enterprises Co (Taiwan), Powerld Enterprises Co., Ltd. (China), Phoenix Contact (Germany), Cosel (Japan), XP Power (United States) and Artesyn (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Delta Electronics (Taiwan), PULS (Germany) and Power Systems & Controls (United States).
Segmentation Overview
AMA Research has segmented the market of Global Module Power Supply market by Type (Environmental Protection Module Power Supply and High Frequency Module Power Supply), Application (Electricity, Industrial Control, Medical Treatment, Military Industry and Others) and Region.
On the basis of geography, the market of Module 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 Output Power, the sub-segment i.e. Low will boost the Module Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Module Power Supply market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption of Automation-enabling Electronic Components in Several Industries
Market Growth Drivers:
Growing Adoption of Home and Building Automation Systems and Rising Demand for Energy-Efficient Lighting Systems
Challenges:
Stringent Design Considerations
Restraints:
Various Region-Wise Regulations and Safety Standards
Opportunities:
Increasing Requirement of Power Supply in Various End-User Industries such as Medical and Healthcare Sector, Telecommunication Sector and Growth in Electronics Industry
Market Leaders and their expansionary development strategies
In Sep 2019, Advanced Energy Industries, Inc. announced that it has completed the previously announced acquisition of Artesyn Embedded Technologies’ Embedded Power business. With this highly strategic acquisition, Advanced Energy becomes a highly diversified, pure-play powerhouse with a global platform for accelerated earnings growth.
In April 2023, Emerson brand, launched a next generation power solution that brings network connectivity to its SDN-D high-performance DC power supply, enabling it to serve as an IIoT-ready device providing condition monitoring, asset tracking, and quick troubleshooting in addition to serving as a power converter.
Key Target Audience
Raw Material and Manufacturing Equipment Suppliers, Component Manufacturers, Module Power Supply Manufacturers, Module Power Supply Original Equipment Manufacturers (OEMs), Distributors and Traders, Research Organizations and Potential Investors
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.