DC Stabilized Power Supply Market: Global Size, Share, Trends, Growth and Forecast 2022-2032
DC Stabilized Power Supply Market: Overview and Definition
The global DC power supplies market size reached US$ 440.5 Million in 2021, the market to reach US$ 610.7 Million by 2032, exhibiting a CAGR of 4.5% during 2022-2032. DC stabilized power supply consists of electronic circuits which maintains the DC voltage at the output at a particular value with little variation as possible. Moreover, effects such as change in input voltage or variation in load at the output are electrically compensated in the particular function area. Furthermore, the current in the output voltage for stabilized DC power supplies lies in the millivolt range and is largely depend on the loading at the outputs. DC stabilized power supply can be applied on various functional principles. The main common types of circuit are magnetic, voltage stabilizer, linear stabilized supplies, primary pulsed switched-mode power supplies and secondary pulsed-mode power supplies. The main aim to generate a DC stabilized to supply the specific load as economically and as accurate as possible.
Increasing adoption of modernization and automation in manufacturing industries to increase the production is expected to increase its sale in the near future. Moreover, the Rising adaptability of electronic vehicles is further expected to drive the demand for DC stabilized power supply over the forecast period. Rising demand for energy and electricity along with increasing cost of energy are projected to boost the demand for global DC stabilized power supply market at a significant rate. Moreover, the benefits of utilizing DC drives such as reduced energy consumption and efficient energy consumption are expected to create a great opportunity for the growth of DC drive market in the coming years. However, the high cost of DC stabilizer is a prime factor which is restraining the growth of the market.
Increase in use of DC stabilizer in household electronic products is further augmenting the growth market. Moreover, maximum household circuits need an unregulated AC to be transformed to fix DC in order to operate the device. Each and every device have a fixed power sully limit and the electronic circuit which is inserted in this devices are capable to supply a fix DC voltage within this limit. Moreover, the DC stabilizer power supply is regulated and limited in terms of current and voltage. But the supply given from mains can by changing and could easily break down the electric equipment or appliances. This continuous work of transforming an unregulated alternating voltage or current to a limited direct voltage or current to make the output fix regardless of the changes in input is done by a regulated power supply circuit.
The DC stabilizer power supply is converted to almost all stage in an electronic system. Hence a basic requirement for all these phases will be the DC stabilizer power supply. All system which works on low power can rum with the help of battery. But for a long time operating devices, batteries available costlier and it has complicated process too. Moreover, the DC stabilizer power supply is gaining popularity owing to the Rising adoption of IoT across the globe. Moreover, continuous innovation in the field of IoT and its widely acceptance in all the industries is further boosting the growth of DC stabilizer power supply market. In addition, Rising technological level and automation in the manufacturing and production sector needs good amount of power supply, hence driving the demand for DC stabilizer power supply market.
Various manufacture such as ABB Ltd, Kikusui Electronics Co., XP Power, FLIR Systems and others focusing on developing and designing DC stabilized power supply high standard stabilization, security and reliability. Moreover, stakeholders have also lunched advanced DC stabilized power which is extremely used by scientific research institutes. Furthermore, stakeholders are including auxiliary and creative features to DC stabilized power supply like overload protection and others.
DC STABILIZED POWER SUPPLY SEGMENTATION:
- Switching power supplies
- Linear power supplies
- Bench Power Supply
- Open Frame Supply
- Rack Mount Power Supply
- Integrated Power Supply
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Asia-pacific region dominates the market and is expected to retain its dominance during the forecast period owing to increasing in population, rising disposable income, rising industrialization, and others are boosting the growth of DC stabilizer power supply market in this region. Moreover, significant amount of rise in innovation and R&D investment with the industry is further driving the growth market. Furthermore, the growth of the market in this region is also supported by positive economic look, foreign direct investment, increasing startups, government support, rapid industrial growth and others. DC stabilizer power supply market will witness steady growth in North America and Europe regions. Rising electronics industry in the North America and Europe region associated with Rising adoption of automation in diversified industry will further augment the growth if the market.
FEW KEY PLAYERS IN DC STABILIZED POWER SUPPLY MARKET:
- ABB Ltd.
- Kikusui Electronics Co.
- XP Power
- FLIR Systems
- Texio Technology Corporation
- TAKIGEN MFG CO., LTD
- Triad Magnetics
- MCI Transformer Corporation
- PICO Electronics, Inc.