Direct Current Power System Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR43266
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The direct current power system market has the potential to grow by USD 4.72 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.42%.

The direct current power system market report extensively covers market segmentation by end-user (telecom, industrial, commercial, and others), type (48V DC power system, 0-24V DC power system, and more than 48V DC power system), and geography (North America, APAC, Europe, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Direct Current Power System Market Size be in 2021?

Direct Current Power System Market Size

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Direct Current Power System Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The surging demand for LEDs is notably driving the direct current power system market growth, although factors such as difficulties in keeping pace with changing customer demand may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the direct current power system market get your FREE report sample now.

This post-pandemic direct current power system market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the direct current power system market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Direct Current Power System Market Vendors?

The direct current power system market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • ABB Ltd.
  • Advanced Energy Industries Inc.
  • AEG Power Solutions BV
  • Delta Electronics Inc.
  • Eaton Corporation Plc
  • EnerSys
  • Heinzinger electronic GmbH
  • Huawei Investment and Holding Co. Ltd.
  • Lite-On Technology Corp.
  • Vertiv Holdings Co.

 

The direct current power system market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The direct current power system market is fragmented and is expected to provide a favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full direct current power system market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the direct current power system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Direct Current Power System Market?

Direct Current Power System Market Share by Geography

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The direct current power system market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 35% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for direct current power system market in APAC.

APAC has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is growing internet penetration and data traffic. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Direct Current Power System Market?

Direct Current Power System Market Share by End-user

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The direct current power system market share growth by the telecom segment has been significant. The direct current power system market report provides a comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the direct current power system market size.

 

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What are the Key Factors Covered in this Direct Current Power System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive direct current power system market growth during the next five years
  • Precise estimation of the direct current power system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the direct current power system market across North America, APAC, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of direct current power system market vendors

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Direct Current Power System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 4.72 billion

Market structure

Fragmented

YoY growth (%)

2.84

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 35%

Key consumer countries

US, China, Germany, Japan, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Advanced Energy Industries Inc., AEG Power Solutions BV, Delta Electronics Inc., Eaton Corporation Plc, EnerSys, Heinzinger electronic GmbH, Huawei Investment and Holding Co. Ltd., Lite-On Technology Corp., and Vertiv Holdings Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The direct current power system market growth will increase by $4.81 billion during 2019-2024.
The direct current power system market is expected to grow at a CAGR of 3.61% during 2019-2024.
Technavio has segmented the direct current power system market by end user (Telecom, Industrial, Commercial, and Others) and geographic (North America, APAC, Europe, South America, and MEA).
ABB Ltd., Advanced Energy Industries Inc., AEG Power Solutions BV, Delta Electronics Inc., Eaton Corp. Plc, EnerSys, Heinzinger electronic GmbH, Huawei Technologies Co. Ltd., Lite-On Power System Solutions, Vertiv Group Corp. are a few of the key vendors in the direct current power system market.
APAC will register the highest growth rate of 33.68% among the other regions. Therefore, the direct current power system market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the direct current power system market growth are:
  • Surging demand for LEDs
  • Growing demand for decentralized renewable energy
The direct current power system market vendors should focus on grabbing business opportunities from the telecom segment as it accounted for the largest market share in the base year.
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