What is AC Regulated Power Supply Market?
The power supply is a sort of electrical equipment that provides power or energy to an electric load that requires it for consumption and operation. The primary function of a power supply is to monitor and adjust the current and voltage of electrical power so that the load receives the proper amount of energy. Some of these power supplies are integrated within the electrical appliances, while others must be installed separately to ensure that the appliances are not damaged by electrical problems. An AC Power Source sometimes referred to as an AC Power Supply, is a device that can supply a load with variable power and frequency. This AC Power Source allows you to generate alternating current signals ranging from 45Hz to 500Hz. Increasing adoption of low output power in consumer electronics applications and telecommunication, as well as rising demand for energy-efficient devices/appliances, rising adoptions and requirements of these devices in the healthcare market and devices, and rising demand for the latest technology products, are all driving market growth.
Highlights from AC Regulated Power Supply Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | MEAN WELL (Taiwan), TDK Lambda (Japan), Siemens (Germany), General Electric (United States), XP Power (United States), Murata Power Solutions (Japan), Artesyn (United States), Phoenix Contact (Germany) and Delta Electronics (Taiwan) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asia Pacific Players will contribute to the maximum growth of Global AC Regulated Power Supply market throughout the forecasted period.
MEAN WELL (Taiwan), TDK Lambda (Japan), Siemens (Germany), General Electric (United States), XP Power (United States), Murata Power Solutions (Japan), Artesyn (United States), Phoenix Contact (Germany) and Delta Electronics (Taiwan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are TDK-Lambda Corporation (Japan) and Matsusada Precision (Japan). AC Regulated Power Supply Market Segmentation:
Scope | Sub-Segments |
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Application / End User | School, Stadium, Community, Sports Center and Other |
Type | Non-Contact and Contact |
Industry Vertical | Automated Industry,Electric Equipment,CNC Machine Tools,Medical,Communication Equipment,Other |
On the basis of geography, the market of AC Regulated 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Telecommunications Sector
Market Growth Drivers:
Growing Adoption of Home and Building Automation Systems and Increasing Demand for Energy-Efficient Devices/Appliances
Challenges:
Renewable Energy Sources May Affect Growth of AC Market
Restraints:
Various Regional/Country-Wise Regulatory and Safety Standards
Opportunities:
Rapid Technological Advancements and Increasing Requirement of Power Supply in Several Industries
Key Target Audience
Raw material and manufacturing equipment suppliers, Power supply product manufacturers, Power supply original equipment manufacturers (OEMs), Distributors and traders, Research organizations and Others
Market Leaders & Development Strategies
In September 2021, Vertiv Holdings Co, a renowned global provider of critical digital infrastructure and continuity solutions, acquired E&I Engineering Ireland Limited and its affiliate, Powerbar Gulf LLC ("E&I"). This strategic move involves a definitive agreement with an upfront consideration of approximately USD 1.8 billion, along with the possibility of an additional USD 200 million in cash based on the achievement of specific profit milestones in 2022. By acquiring E&I, Vertiv aims to enhance its capabilities and expand its offerings in the critical infrastructure industry, further strengthening its position in the market.
In March 2023, Infineon Technologies AG, a global leader in automotive semiconductors, and Delta Electronics, Inc., a renowned power and energy management company based in Taiwan, decided to expand their existing collaboration from industrial applications to the automotive sector. Both companies have recently signed a Memorandum of Understanding (MoU) to strengthen their joint efforts in innovation. The primary focus of this partnership is to develop more efficient and higher-density solutions to cater to the rapidly growing market of electric vehicles (EVs).