Europe industrial power supply market is estimated to grow at a CAGR of nearly 6.5% during the forecast period. Some pivotal factors accelerating the market growth include the rising food and beverage industry and the growing aerospace and defense sector in the region. As per the AeroSpace and Defence Industries Association of Europe (ASD-Europe), the European aerospace and defense industry generated a turnover of nearly $291.7 billion in 2019. In 2019, the aerospace and defense sector continued its major role in exports, valued at nearly $167.2 billion. This results in an increasing demand for military land vehicles that significantly need power supplies that are ultra-reliable for mission-critical electrical equipment. The demand for extra power is small in commercial vehicles, however, military vehicles as these are normally loaded with energy-hungry electronics. This, in turn, is leading to the adoption of power supply equipment in military vehicles.
The market is segmented based on material and vertical. Based on product type, the market is classified into AC-DC converter, DC-DC converter, and DC-AC inverter. Based on vertical, the market is classified into food and beverage, telecom & IT, transportation, consumer electronics, aerospace and defense, healthcare, and others. Growing food and beverage is one of the major factors leveraging market growth. The significant presence of major food and beverage companies such as Nestle S.A. and Heineken N.V. is supporting to drive market growth. This results in an increasing demand for industrial power supplies that are destined for severe environments as then have a very small size and can withstand high temperatures.
Some key players in the market include ABB Ltd., Siemens AG, XP Power, TDK Corp., and Phoenix Contact. Product launches and mergers and acquisitions are some pivotal strategies implemented by the market players to enhance their position in the marketplace. For instance, in March 2019, Siemens declared the expansion of its range of DC/DC converters by launching a new range of Sitop PSU3400 devices for the lower output range up to 120 watts. These new power supply units facilitate stable output voltage even with voltage fluctuations of +/-25%. The benefits for users comprise a high degree of efficiency of 92% and high safety during operation coupled with the wide input range with reverse polarity protection.
Research Methodology
The market study of the Europe industrial power supply market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Country
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Europe Industrial Power Supply Market by Product Type
5.1.1. AC-DC Converter
5.1.2. DC-DC Converter
5.1.3. DC-AC Inverter
5.2. Europe Industrial Power Supply Market by Vertical
5.2.1. Food and Beverage
5.2.2. Telecom & IT
5.2.3. Transportation
5.2.4. Consumer Electronics
5.2.5. Aerospace and Defense
5.2.6. Healthcare
5.2.7. Others
6. Regional Analysis
6.1. UK
6.2. Germany
6.3. France
6.4. Spain
6.5. Italy
6.6. Rest of Europe
7. Company Profiles
7.1. ABB Ltd.
7.2. Delta Electronics, Inc.
7.3. MesstechnikMellenbach GmbH (MTM Power)
7.4. Phoenix Contact
7.5. Power Control Systems Srl
7.6. Power Innovation GmbH
7.7. Powerstax Ltd.
7.8. PULS GmbH
7.9. Regatron AG
7.10. Siemens AG
7.11. TDK Corp.
7.12. TT Electronics Plc
7.13. XP Power
1. EUROPE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. EUROPE AC-DC CONVERTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
3. EUROPE DC-DC CONVERTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
4. EUROPE DC-AC INVERTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
5. EUROPE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
6. EUROPE INDUSTRIAL POWER SUPPLY IN FOOD AND BEVERAGE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
7. EUROPE INDUSTRIAL POWER SUPPLY IN TELECOM & IT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
8. EUROPE INDUSTRIAL POWER SUPPLY IN TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
9. EUROPE INDUSTRIAL POWER SUPPLY IN CONSUMER ELECTRONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
10. EUROPE INDUSTRIAL POWER SUPPLY IN AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
11. EUROPE INDUSTRIAL POWER SUPPLY IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
12. EUROPE INDUSTRIAL POWER SUPPLY IN OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
13. EUROPE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. UK INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
15. UK INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
16. GERMANY INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
17. GERMANY INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
18. FRANCE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
19. FRANCE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
20. SPAIN INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
21. SPAIN INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
22. ITALY INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
23. ITALY INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
24. REST OF EUROPE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
25. REST OF EUROPE INDUSTRIAL POWER SUPPLY MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2019-2026 ($ MILLION)
1. EUROPE INDUSTRIAL POWER SUPPLY MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. EUROPE AC-DC CONVERTER MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
3. EUROPE DC-DC CONVERTER MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
4. EUROPE DC-AC INVERTER MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
5. EUROPE INDUSTRIAL POWER SUPPLY MARKET SHARE BY VERTICAL, 2019 VS 2026 (%)
6. EUROPE INDUSTRIAL POWER SUPPLY IN FOOD AND BEVERAGE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
7. EUROPE INDUSTRIAL POWER SUPPLY IN TELECOM & IT MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
8. EUROPE INDUSTRIAL POWER SUPPLY IN TRANSPORTATION MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
9. EUROPE INDUSTRIAL POWER SUPPLY IN CONSUMER ELECTRONICS MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
10. EUROPE INDUSTRIAL POWER SUPPLY IN AEROSPACE AND DEFENSE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
11. EUROPE INDUSTRIAL POWER SUPPLY IN HEALTHCARE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
12. EUROPE INDUSTRIAL POWER SUPPLY IN OTHER VERTICALS MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
13. EUROPE INDUSTRIAL POWER SUPPLY MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
14. UK INDUSTRIAL POWER SUPPLY MARKET SIZE, 2019-2026 ($ MILLION)
15. GERMANY INDUSTRIAL POWER SUPPLY MARKET SIZE, 2019-2026 ($ MILLION)
16. FRANCE INDUSTRIAL POWER SUPPLY MARKET SIZE, 2019-2026 ($ MILLION)
17. SPAIN INDUSTRIAL POWER SUPPLY MARKET SIZE, 2019-2026 ($ MILLION)
18. ITALY INDUSTRIAL POWER SUPPLY MARKET SIZE, 2019-2026 ($ MILLION)
19. REST OF EUROPE INDUSTRIAL POWER SUPPLY MARKET SIZE, 2019-2026 ($ MILLION)