Global Industrial Power Supply Market 2023 | Industry Analysis, Trends, And Forecasts
The Business Research Company’s Industrial Power Supply Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Industrial Power Supply Global Market Report 2023 evaluates industrial power supply market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global industrial power supply market size is expected to grow from $8.07 billion in 2022 to $8.67 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial power supply market size is expected to grow to $11.14 billion in 2027 at a CAGR of 6.4%.
The industrial
power supply market segments in the report are:
1) By Product
Type: AC-DC Converters, DC-DC Converters
2) By Output
Power: Very Low Output (up to 500 W), Low Output (500-1, 000 W), Medium Output (1,
000 W-10 kW), High Output (10-75 kW), Very High Output (75-150 kW)
3) By Vertical Type: Transportation, Semiconductor, Military And Aerospace, Robotics, Test And Measurement, Industrial 3-D Printing, Battery Charging And Test, Automotive, Energy, Other Vertical
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