Global Power Supply Market Size study, by Output Power, by Product Type, by Vertical and Regional Forecasts 2022-2032

Description

The Global Power Supply Market was valued at approximately USD 35.56 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.75% from 2024 to 2032. Power supply encompasses the provision of electrical power to an electrical load through electrical equipment, facilitating the conversion of various forms of energy to the required current, voltage, and frequency necessary to power the load. This market is experiencing substantial growth driven by the increasing demand for home and building automation, advancements in the telecommunications sector, and the rising necessity for energy-efficient equipment.

Significant growth in the use of home and building automation systems is a primary driver of market expansion. Building automation is gaining traction due to its potential to reduce energy consumption, simplify building operations, monitoring, and maintenance, and enhance occupant satisfaction. The growing demand for advanced lighting solutions, energy-efficient devices, and the robust telecommunications industry further accelerate the global power supply market's growth. Increased demand for power supply in sectors such as consumer electronics, medical and healthcare, and military and aerospace presents lucrative growth opportunities for the industry. However, the need to comply with various regulatory and safety standards, which differ across countries and regions, poses a significant challenge for market participants. Moreover, The rapid adoption of robotics in the industrial sector worldwide drives the need for different types of power subsystems such as AC/DC converters, battery management systems, and DC/DC converters in various robotic applications. As requirements for load capacity, visual recognition, and user functionality in robotic applications evolve, power conversion becomes increasingly complex.

The key regions considered for the Global Power Supply market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia-Pacific is the leading region, driven by its significant manufacturing base, rapid industrialization, and increasing demand for consumer electronics and industrial automation. The region benefits from the presence of major market players and a growing infrastructure sector, particularly in countries like China, Japan, and South Korea. On the other hand, the fastest-growing region is expected to be the Middle East and Africa. This growth is propelled by increasing investments in infrastructure development, rising urbanization, and an expanding energy sector. Additionally, government initiatives aimed at boosting renewable energy adoption and enhancing power supply reliability are key drivers in this region.

Major market players included in this report are:

TDK Lambda
Siemens
General Electric
XP Power
Murata Power Solutions
Artesyn
Phoenix Contact
Delta Electronics
Cosel
PULS
CUI
Acbel Polytech
Salcom
LITE-ON Power System Solutions
FSP

The detailed segments and sub-segment of the market are explained below:

By Output Power:

Low
Medium
High

By Product Type:

AC-DC
DC-DC

By Vertical:

Lighting
Consumer Electronics
Telecommunications
Transportation
Food & Beverages
Medical & Healthcare
Military & Aerospace
Industrial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Power Supply Market Executive Summary

1.1. Global Power Supply Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Output Power
- 1.3.2. By Product Type
- 1.3.3. By Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Power Supply Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Power Supply Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Demand for Home and Building Automation Systems
- 3.1.2. Advancements in the Telecommunications Sector
- 3.1.3. Rising Need for Energy Efficient Equipment
3.2. Market Challenges
- 3.2.1. Compliance with Regulatory and Safety Standards
- 3.2.2. High Costs of Advanced Power Supply Systems
3.3. Market Opportunities
- 3.3.1. Increasing Adoption of Robotics in Industrial Applications
- 3.3.2. Expansion in Emerging Markets
- 3.3.3. Development of High-Voltage Direct Current (HVDC) Systems

Chapter 4. Global Power Supply Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Power Supply Market Size & Forecasts by Output Power 2022-2032

5.1. Segment Dashboard
5.2. Global Power Supply Market: Output Power Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Low
- 5.2.2. Medium
- 5.2.3. High

Chapter 6. Global Power Supply Market Size & Forecasts by Product Type 2022-2032

6.1. Segment Dashboard
6.2. Global Power Supply Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. AC-DC
- 6.2.2. DC-DC

Chapter 7. Global Power Supply Market Size & Forecasts by Vertical 2022-2032

7.1. Segment Dashboard
7.2. Global Power Supply Market: Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Lighting
- 7.2.2. Consumer Electronics
- 7.2.3. Telecommunications
- 7.2.4. Transportation
- 7.2.5. Food & Beverages
- 7.2.6. Medical & Healthcare
- 7.2.7. Military & Aerospace
- 7.2.8. Industrial

Chapter 8. Global Power Supply Market Size & Forecasts by Region 2022-2032

8.1. North America Power Supply Market
- 8.1.1. U.S. Power Supply Market
  - 8.1.1.1. Output Power breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Product Type breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Vertical breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Power Supply Market
8.2. Europe Power Supply Market
- 8.2.1. U.K. Power Supply Market
- 8.2.2. Germany Power Supply Market
- 8.2.3. France Power Supply Market
- 8.2.4. Spain Power Supply Market
- 8.2.5. Italy Power Supply Market
- 8.2.6. Rest of Europe Power Supply Market
8.3. Asia-Pacific Power Supply Market
- 8.3.1. China Power Supply Market
- 8.3.2. India Power Supply Market
- 8.3.3. Japan Power Supply Market
- 8.3.4. Australia Power Supply Market
- 8.3.5. South Korea Power Supply Market
- 8.3.6. Rest of Asia Pacific Power Supply Market
8.4. Latin America Power Supply Market
- 8.4.1. Brazil Power Supply Market
- 8.4.2. Mexico Power Supply Market
- 8.4.3. Rest of Latin America Power Supply Market
8.5. Middle East & Africa Power Supply Market
- 8.5.1. Saudi Arabia Power Supply Market
- 8.5.2. South Africa Power Supply Market
- 8.5.3. Rest of Middle East & Africa Power Supply Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. TDK Lambda
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Siemens
- 9.3.3. General Electric
- 9.3.4. XP Power
- 9.3.5. Murata Power Solutions
- 9.3.6. Artesyn
- 9.3.7. Phoenix Contact
- 9.3.8. Delta Electronics
- 9.3.9. Cosel
- 9.3.10. PULS
- 9.3.11. CUI
- 9.3.12. Acbel Polytech
- 9.3.13. Salcom
- 9.3.14. LITE-ON Power System Solutions
- 9.3.15. FSP

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes