Skip to main content

DC Power Supplies Market Size worth $454 Million by 2024

The global DC power supplies market size is projected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7% during the forecast period.



(BLOGGERS NETWORK) The global DC power supplies market size is expected to reach USD 454 million by 2024 from an estimated value of USD 361 million in 2019, at a CAGR of 4.7 % during the forecast period. The growing wireless communication & infrastructure and aerospace & defense segment in the countries such as US & Canada and growing demand for industrial automation and consumer electronics sector in countries such as India & Japan is anticipated to drive the demand of the DC power supplies market.

The automotive segment is projected to be the largest segment of DC power supplies market
The automotive sector is predicted to dominate the DC power supplies industry based on its application and is majorly used for testing of electronic components used in the automotive industry such as electric cars, and hybrid & electric vehicles. Power battery testing, fuel cell testing, AC/DC charging station, DC-DC converter testing, on-board chargers & charging interface testing, and high power battery testing are some of the areas wherein automotive electronic testing is done using DC power supplies, which is likely to upsurge the DC power supplies market.

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8152817

The AC-DC segment in DC power supplies industry is projected to be the fastest-growing market
DC power supplies are suitable for testing various electronic devices used in end-users such as consumer electronics, medical & healthcare, automotive, wireless communication & infrastructure, and avionics & defense. Growing usage of AC-DC in the various medical and other low output industrial equipment is the driving factor for this market.

North America is projected to dominate the global DC power supplies market
In this report, the DC power supplies market has been analyzed concerning five regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa. North America is expected to lead the market during the forecast period. The growing wireless communication & infrastructure and aerospace & defense segment in countries such as the US & Canada are the driving factors for the growth of the DC power supply market in North America.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=8152817

The major players in the DC power supplies market are Keysight Technologies (US), TDK Lambda (Japan), Chroma ATE (Taiwan), Good Will Instrument (Taiwan), Rohde & Schwarz (Germany), and B&K Precision (US), Tektronix (US), and MEAN WELL (Taiwan).

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com

 

###

This news release was first published at EmailWire.Com:
https://www.emailwire.com/release/1114054-DC-Power-Supplies-Market-Size-worth-454-Million-by-2024.html

Comments

Post a Comment

Popular posts from this blog

Papio Establishes Qatari Subsidiary to Accelerate Industrial AI-Driven Digital Transformation in the Gulf Region

  Doha, Qatar – ( ARAB NEWSWIRE ) — Following its participation at Web Summit Doha, Papio , a global industrial analytics and AI company, today announced the establishment of its Qatari subsidiary through the Qatar Financial Centre (QFC). The new entity will serve customers across Qatar and the wider Gulf region. This marks a major milestone in Papio's global expansion and underscores its long-term commitment to helping industrial organizations build reliable data foundations and translate digital transformation strategies into practical results—delivering measurable improvements in performance, safety, compliance and efficiency across the region. "Papio ensures that digital initiatives translate into measurable business outcomes, sustainable operations, and long-term resilience," said Steven Jansen, Founder and CEO. "The company's Qatari subsidiary will serve as the regional capability center for industrial AI & analytics. Drawing...
Post a Comment
Read more

Sahm App Becomes One of the First Platforms to Roll Out Full Saudi Stock Investment Access to Global Investors with Lifetime Zero-Brokerage Commission Trading

Riyadh, Saudi Arabia – ( ARAB NEWSWIRE ) -- Sahm App, a CMA-regulated trading platform, today announced the launch of its Saudi stock investment services for retail investors worldwide, expanding international access to the Saudi capital market through a single, unified platform. The launch f ollows the Capital Market Authority's (CMA) announcement on 6 January 2026 to open the Saudi capital market to a ll categories of foreign investors, effective from 1 February 2026. Building on this regulatory milestone, Sahm App is among the first platforms to fully support onboarding for global investors, enabling eligible individuals worldwide to directly access Saudi-listed securities. Through Sahm App, international investors can invest in a broad range of Saudi market products, including listed equities, exchange-traded funds (ETFs), and real estate investment trusts (REITs). The expanded global access is designed to provide investors with an additional market option to di...
Post a Comment
Read more

Gemaee Opens First Phygital, Authenticated Resale Store in Dubai

      DUBAI, UAE – ( ARAB NEWSWIRE ) – Gemaee, a licensed retailer of pre-owned luxury goods, is opening a "phygital" store in Jumeirah's First Avenue Mall. The move brings a new level of accountability to Dubai's US$3.5 billion secondary luxury market, which has until now been characterized by a fragmented online landscape.  The store combines a physical boutique for in-person inspections with a digital platform that shows real-time inventory. It offers a structured alternative to the anonymous online marketplaces and social media resellers where buyers may have limited recourse. "The demand for pre-owned luxury in the region has always been strong, but the market was missing a layer of trust and transparency," says Safiya Mehbaliyeva, CEO of Gemaee. "We established Gemaee to provide that infrastructure. Our new store is more than just a retail space; it's our commitment to accountability and a trusted experience for luxur...
Post a Comment
Read more