Global Direct Current Power System Market 2023-2027

Global Direct Current Power System Market 2023-2027

Technavio has been monitoring the direct current power system market and is forecast to grow by $12.01 bn during 2022-2027, accelerating at a CAGR of 7.61% during the forecast period. Our report on the direct current power system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing urbanization and changing consumer lifestyles, growing internet penetration and data traffic, and surging demand for LEDs.

Technavio's direct current power system market is segmented as below:

By Type0-24V DC power system48V DC power systemMore than 48V DC power systemBy End-userIndustrialTelecomCommercialOthersBy Geographical LandscapeAPACNorth AmericaEuropeSouth AmericaMiddle East and AfricaThis study identifies the growing developments toward using dc power sources in data centers as one of the prime reasons driving the direct current power system market growth during the next few years. Also, the growing demand for 380V centralized direct current power systems and the growing demand for decentralized renewable energy will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the direct current power system market covers the following areas:Direct current power system market sizingDirect current power system market forecastDirect current power system market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading direct current power system market vendors that include ABB Ltd., Advanced Energy Industries Inc., AEG Power Solutions BV, C and D Technologies Inc., Delta Electronics Inc., Dyna Hitech Power Systems Ltd., Eaton Corp. Plc, EnerSys, Good Will Instrument Co. Ltd., Heinzinger electronic GmbH, Hindustan Power Control System, Huawei Investment and Holding Co. Ltd., Infineon Technologies AG, Lite On Technology Corp., MEAN WELL Enterprises Co. Ltd., Mitsubishi Motors Corp., ON Semiconductor Corp., RECOM Power GmbH, Rohde and Schwarz GmbH and Co. KG, Schaefer Inc., TDK Corp., Vertiv Holdings Co., Vicor Corp., and XP Power. Also, the direct current power system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.