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. The growth of the market is attributed to the growing wireless communication & infrastructure and aerospace & defense segment in countries such as US & Canada and growing demand for industrial automation and consumer electronics sector in countries such as India, China, and Japan.
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DC Power Supplies Market Segments
By Output Power
• Power Supply With Low Output (500 W and Below)
• Power Supply With Medium Output (500–1,000 W)
• Power Supply With High Output (More Than 1,000 W)
By Product Type
• AC-DC Power Supply
• DC-DC Power Supply
By Vertical
• Medical & Healthcare
• Military & Aerospace
• Telecommunications
• Consumer Electronics
• Transportation
• Lighting
• Food & Beverages
• Industrial
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
