DC Power Supply Module Market Projected to Reach US$ 700 Million by 2032 with a CAGR of 4.35%: Industry Analysis and Growth Forecast | FMI

The market for DC power supply modules is anticipated to reach US$ 457 million in 2022 and to increase at a CAGR of 4.35% to US$ 700 million between 2022 and 2032. Growth is attributable to the increase in residential and commercial buildings as well as the rising demand for renovation projects.

DC power supply modules are switch-mode constant voltage generators that are isolated, small drop-in converters. Normally, DC power supply modules are independent parts that don’t need any further external circuitry. Plug-and-play characteristics in DC power supply modules make product development easier and quicker.

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DC Power Supply Module: Introduction

DC power supply modules are isolated, compact, drop-in converters that provide a switch-mode constant voltage generator. Usually, DC power supply modules act as standalone components and do not require extra external circuitry. DC power supply modules showcase plug-and-play features that simplify and speed up product development. DC power supply modules find applications in areas where compact and small form factor power supply components are required.

However, DC power supply modules are mainly incorporated for industrial control, in metering applications and in industrial appliances. Manufacturers offer DC power supply modules with a wide range of input voltage specifications.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like the monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Market Competition

Some of the key participants present in the global demand of the DC Power Supply Module market include Franklin Electric Co., Asmo Co. Ltd., Ametek Inc., Sony Corporation, Bayer AG, Whirlpool Corporation, Toyota, Accurate Electric Motor & Pump Co., American Crane & Equipment Corp., Bruce Electric Equipment Corp, Tesla Motors, Hansen Motors, ATS Automation Tooling Systems, Inc. and other DC Power Supply Module manufacturers., among others

In January 2022, Franklin Electric Co., Inc. announced today that its wholly-owned subsidiary Headwater Companies, LLC acquired Blake Group Holdings, Inc., a Connecticut corporation, for $27.1 million in cash. Blake is a professional groundwater distributor operating in fourteen locations throughout the northeast United States. Blake has approximately $74 million of consolidated annual sales.

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Key Segments Profiled in the DC Power Supply Module Industry Survey

DC Power Supply Module Market by Application:

  • DC Power Supply Modules for HVAC Equipment
  • DC Power Supply Modules for Aerospace & Transportation
  • DC Power Supply Modules for Household Appliances
  • DC Power Supply Modules for Industrial Machinery
  • DC Power Supply Modules for Motor Vehicles
  • DC Power Supply Modules for Other Applications

DC Power Supply Module Market by Region:

  • North America DC Power Supply Module Market
  • Latin America DC Power Supply Module Market
  • Western Europe DC Power Supply Module Market
  • Eastern Europe DC Power Supply Module Market
  • SEA & Others of APAC DC Power Supply Module Market
  • China DC Power Supply Module Market
  • Japan DC Power Supply Module Market
  • Middle East and Africa DC Power Supply Module Market

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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