About Digital Power Conversion
Power electronics framework is a subject that mainly centres focuses on the utilization of electronic standards into the circumstance that is rated at power level instead of sign level and furthermore manages the mechanical assembly and gear deal with the apparatus and equipment working on the principle of electronics. A digital power conversion framework is a high level advanced digital control technique that is useful in different power control applications. The use of digital power conversion is set to ensure the legitimate running of the high-level advanced strategies all through the modern and private areas. The increasing demand for certain consumer electronics, mainly smart home appliances, including smart TV and smart refrigerators.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Digital Power Conversion 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.
GE(United States), Texas Instruments(United States), ROHM (Japan), Microchip(United States), STMicroelectronics (Switzerland), Maxim Integrated (United States), MaxLinear(United States), ON Semiconductor(United States), Renesas Electronics (Japan), Cypress Semiconductor(United States) and Silicon Lab(United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Toshiba America Information Systems, Inc. (United States), Pacific Power Source Inc (United States) and VPT, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Digital Power Conversion market by Type (AC/DC, DC/AC, Isolated DC/DC, Sequencers, Power Conditioning/Active Power Filtering and Hot Swap), Application (Enterprise & Cloud Computing, Communication Infrastructure, Automotive and Industrial) and Region.
On the basis of geography, the market of Digital Power Conversion 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).
Influencing Trend:
Growing application areas for digital power conversion and The trend for customer-specific optimisations
Market Growth Drivers:
Growing adoption of advanced power control solutions and The growing industry trend toward high-efficiency power conversion
Challenges:
Key competition between providers of Digital Power Conversion solutions
Restraints:
The increasing cost of power electronic controllers
Opportunities:
High demand from datacom and telecom industries
Market Leaders and their expansionary development strategies
In December 2023, STMicroelectronics and Wolfspeed partner to develop and manufacture silicon carbide (SiC) power modules for electric vehicles and renewable energy applications. This collaboration aims to leverage SiC's superior efficiency and performance for cleaner and more sustainable power solutions.
In November 2023, Infineon Technologies announces the OPTIGA Trust M2220, a secure Power Management Unit (PMU) with integrated AI capabilities for advanced security and intelligent power management in IoT devices.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Digital Power Conversion Providers, Government Regulatory and Research Organizations and End-Use Industry
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.