Industrial Power Supply Market worth $14.5 Billion in 2027
Industrial Power Supply Market worth $14.5 Billion in 2027
July 23, 2022
Industrial power market worth $14.5 billion in 2027
According to the output power, the industrial power market is divided into very low output (up to 500 W), low output (500-1000w), medium output (1000w-10kw), high output (10-75 kw) and very high output (75-150 kw). During the forecast period, very low output (up to 500W) is expected to be the largest part. The increasing use of automation solutions and digital technology in industries located in China, India and Japan is the main reason for the growth of this market.
DC power market by type (AC DC and DC DC), output power (up to 10kW, 10-100kW and 100-250kW), application (aviation, national defense and government services; automotive; energy; wireless communication and infrastructure, other), region.