Industrial Power Supply Market Expected to Grow $14.5 Billion by 2027

Industrial Power Supply Market
The global Industrial Power Supply Market is expected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% during the forecast period.  The growth of the industrial power supply market can be attributed to growing investments in energy-efficient devices in the industrial sectors and the adoption of robots across several industries. The growing sale...

Power Supply Market Expected to Grow $34.92 Billion by 2023

The global power supply market is estimated to grow from USD 25.20 billion in 2018 to USD 34.92 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Growing adoption of home and building automation systems, emerging telecommunications sector, and increasing demand for energy-efficient devices/appliances services are the key factors driving the power supply market growth. Power supplies are being...

Industrial Power Supply Market worth $14.5 Billion in 2027

Industrial Power Supply Market
The global Industrial Power Supply Market is projected to grow from USD 10.8 billion in 2022 to USD 14.5 billion by 2027, at a CAGR of 6.0% according to a new report by MarketsandMarkets™.  The growth of the industrial power supply market can be attributed to growing investments in the energy efficient devices in the industrial sectors and adoption of robots across several industries. The growing...

Industrial Power Supply Market expected to Grow $9.7 Billion by 2026

Industrial Power Supply Market
According to the new market research report “Industrial Power Supply Market By Type (AC-DC and DC-DC Converter), Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical, Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Industrial Power Supply Market size...

Industrial Power Supply Market Size to Grow $12.8 Billion by 2024

Industrial Power Supply Market
The global industrial power supply market size is expected to reach USD 12.8 billion by 2024 from an estimated value of USD 9.9 billion in 2019, at a CAGR of 5.4 % during the forecast period. The rise in lighting and consumer electronics sector in the nations such as US & China with the implementation of industrial automation in the manufacturing industry is anticipated to drive the demand of...