Industry Background:
Increasing Demand for power will help to boost global voltage regulator market. Voltage Regulator is devices are used to stabilize the voltage in electronic devices. It is a very compact device and they are used in systems with low power and low voltage. They work automatically and increase or decrease the voltage as per the necessity of the user. Voltage Regulators are used when there is a requirement for steady as well as reliable voltage. The development in utility as well as industrial infrastructure investment has also positively impacted on global voltage regulator the market.
According to AMA, the market for Voltage Regulators is expected to register a CAGR of 7.14% during the forecast period to 2026. This growth is primarily driven by Compulsion of Voltage Regulation and Growing Power Demand.
Globally, a noticeable market trend is evident Rising Growth in Utility and Industrial Infrastructure Investment
. The Electrical Components & Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (United States), Maschinenfabrik Reinhausen (Germany), Eaton Corporation (United States), Howard Industries (United States), Toshiba Corporation (Japan), Basler Electric (United States), J. Schneider Elektrotechnik GmbH (Germany) and Belotti Variatori SRL (Italy) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 17th December 2018, Hitachi has acquired the power grid business of Swiss engineering group ABB Ltd. initially investing 6.4 billion dollars for an 80.1 percent stake before a complete takeover in the future.
On 12th June 2018, GE has launched its new 60.8-square-millimeter (mm) Femto DLynx IITM voltage regulators. The FKX003 and FKX006 DLynx II buck converters offer GE’s smallest PoL footprint to date and are available in either 3-ampere or 6-A modules.
Market Drivers
- Compulsion of Voltage Regulation
- Growing Power Demand
Market Trend
- Rising Growth in Utility and Industrial Infrastructure Investment
- High Demand Due To Automation in Automobiles
Restraints
- Higher Cost of Devices
- Poor Current Overload Capacity
Opportunities
Replacements/Upgrade of Aged Distribution Networks and Need to Growth the Efficiency of Distribution Grids
Challenges
Lack of Non-Uniform Standards
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Voltage Regulators Study Sheds Light on
The Voltage Regulators Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Voltage Regulators industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Voltage Regulators industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.