Direct Current Power System Market Globally Grow at a CAGR of 4.98% by Revenue During the Forecast Period 2017-2021
The DC power systems are broadly categorized into DC-DC and AC-DC power supply. Such systems are mainly used in telecom towers, data centers, industrial loads, commercial buildings, residential loads, electronics appliances, automotive, medical equipment, and aircraft. The system uses semiconductor switches such as diode and thyristors for the conversion process. Since the global transmission and distribution use AC power systems, rectifiers are needed to get DC power supply. In the last few years, the growing need to achieve energy efficiency has spurred the demand for DC power systems as they are more efficient than AC power systems.
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Technavios analysts forecast the global DC power system market to grow at a CAGR of 4.98% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global DC power system market for 2017-2021. To calculate the market size, the report considers both commodities and non-commodities DC-DC and AC-DC power supply markets.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global DC Power System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Artesyn Embedded Technologies
Delta Electronics
GE Industrial Solutions
Huawei
Lite-On Power System Solutions
Other prominent vendors
AEG Power Solutions
Alpha Group
C&D Technologies
Critical Power USA
Eaton
MEAN WELL
Power Magnetics
Market driver
Growing need for renewable energy sources.
For a full, detailed list, view our report
Market challenge
Decline in demand for voice call in telecom sector.
For a full, detailed list, view our report
Market trend
Growing popularity of ultra-high capacity (100G/400G) optical network.
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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