Power supply is gaining large attention with the increasing need for power-efficient and durable systems. AC-DC and DC-DC power supply are being deployed across various verticals such as industrial, medical, lighting, and consumer electronics, among others.
Frequently Asked Questions
The market is segmented based on Segmentation, By Vertical (Telecommunications, Consumer Electronics, Medical and Healthcare, Military and Aerospace, Transportation, Lighting, Food and Beverages, Industrial), Type (Alternate Current-Direct Current (AC-DC), Direct Current-Direct Current (DC-DC)), Output Power (Low, Medium, High) - Industry Trends and Forecast to 2031.
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The Global Power Supply Market size was valued at USD 36.99 USD Billion in 2023.
The Global Power Supply Market is projected to grow at a CAGR of 6.75% during the forecast period of 2024 to 2031.
The major players operating in the market include MEAN WELL Enterprises Co. , TDK Corporation, Siemens AG, General Electric, XP Power, Murata Manufacturing Co. , Emerson Electric Co., PHOENIX CONTACT, Delta Electronics , COSEL CO. , and more-.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
