PUBLISHER: Grand View Research | PRODUCT CODE: 1575060
PUBLISHER: Grand View Research | PRODUCT CODE: 1575060
The global modular and scalable power supplies market size was estimated at USD 4.89 billion in 2023 and is expected to grow at a CAGR of 10.1% from 2024 to 2030. The market is primarily driven by the increasing demand for energy efficiency, flexibility, and adaptability across various industries. These power supply units (PSUs) allow for precise power delivery adjustments, minimizing energy waste, while their modular designs enhance cable management and reduce resistance, leading to improved efficiency. Furthermore, the ability to upgrade components without replacing the entire unit promotes longevity and cost savings, making them attractive to consumers and businesses alike.
This adaptability is particularly beneficial in sectors such as gaming, professional content creation, industrial automation, and data centers, where power requirements frequently change. The rise of cloud computing and data centers also fuels the demand for scalable power solutions that ensure uninterrupted operations. In addition, the ongoing miniaturization of electronics and the shift towards electric vehicles (EVs) contribute to the growth of this market, as these applications require compact and efficient power supply systems. As energy conservation becomes a priority, modular and scalable power supplies are positioned to play a crucial role in meeting the evolving power demands of modern technology.
Global Modular And Scalable Power Supplies Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global modular and scalable power supplies market report based on the type, application, and region: