Growing Industrialization to Drive Europe Industrial Power Supply Market

Europe industrial power supply market is estimated to grow at a CAGR of nearly 6.5% during the forecast period. In 2018, industrial production in the EU exceeded the level reported in 2008. More than 75 % of the EU's value of industrial sold production was generated by six member states. This includes Germany (28% of the EU total), Italy (16%), France (12%), the UK (9%), Spain (8%), and Poland (5%). The production of food products grew in 2018 by nearly $117.1 billion (16%) compared with 2008. Power supply acts as a basic component in the automated manufacturing process that needs safety protection functions and high stability. Delta Electronics offers the DVP series, the PMC/PMT panel mounting models, and the CliQ series DIN rail mounting models. According to the company, such models are highly stable and efficient industrial power supplies. From extended temperature ranges and ruggedized packaging for severe environments to high isolation voltages and high peak load capabilities for unique system needs, power supplies are suitable to address the requirement of its particular industrial application.

Browse the full report description of "Europe Industrial Power Supply Market Size, Share & Trends Analysis Report, By Product Type (AC-DC Converter, DC-DC Converter, and DC-AC Inverter), By Vertical (Food and Beverage, Telecom & IT, Transportation, Consumer Electronics, Aerospace and Defense, Healthcare, and Others) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/europe-industrial-power-supply-market

Scope of the Europe Industrial Power Supply Market

Market Coverage

• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product Type and Vertical
• Regions Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
• Competitive Landscape- ABB Ltd., Siemens AG, XP Power, TDK Corp., and Phoenix Contact

Recent Strategic Initiatives in the Europe Industrial Power Supply Market

• In January 2020, AEG Power Solutions declared the introduction of the new generation of Protect C and Protect D series of double-conversion online uninterruptible power supplies. The enhanced uninterruptible power supplies were designed to provide economic power and optimized protection in a more compact housing. These systems are appropriate for the protection of all kinds of critical applications, in the IT environment including IoT, storage systems, edge computing, servers, workstations, or electrical infrastructure in banking, corporate, healthcare, and industrial applications.
• 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.

Key questions addressed by the report

• What is the market growth rate?
• Which segment/country dominates the market in the base year?
• Which segment/country will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected country/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Europe Industrial Power Supply Market-Segmentation

By Product Type

• AC-DC Converter
• DC-DC Converter
• DC-AC Inverter

By Vertical

• Food and Beverage
• Energy and Utilities 
• Telecom & IT
• Transportation
• Consumer Electronics
• Aerospace and Defense
• Healthcare
• Others

Europe Industrial Power Supply Market– Segment by Region 

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe