What is the future of DC Power Supplies Market? Know Covid Impact on Size, Share & Forecasts

What is the future of DC Power Supplies Market? Know Covid Impact on Size, Share & Forecasts

July 31, 2020

The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the DC Power Supplies Market.

It was estimated prior to this unanticipated outbreak that the DC Power Supplies Market was likely to witness an impressive CAGR of 4.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

For a more detailed breakdown of the COVID-19 impact on this Market, request a free sample of the report here: https://www.stratviewresearch.com/Request-Sample/929/dc-power-supplies-market.html

Market Share Analysis

DC Power Supplies Market Share: By Type

Based on the type, the market is segmented as AC-DC and DC-DC. The AC-DC segment is projected to be the faster-growing segment during the forecast period, owing to rise in demand for AC-DC power supplies for various testing & measurement applications of medical & industrial equipment, which is expected to drive the growth of this segment of the DC power supplies market during the forecast period.

DC Power Supplies Market Share: By Application Type

Based on the application type, the DC power supplies market is segmented as aerospace, defense & government services, automotive, energy, wireless communication & infrastructure, and others. The automotive segment commands the market as some applications such as power battery testing, fuel cell testing, AC/DC charging station, DC-DC converter testing, on-board chargers & charging interface testing, and high-power battery testing, are performed employing DC power supplies.

DC Power Supplies Market Share: By Region

In terms of regions, North America is estimated to be the largest as well as the fastest-growing market for DC power supplies during the forecast period, owing to the growing wireless communication & infrastructure and aerospace & defense segments of countries such as the US & Canada, which are likely to accelerate the demand for DC power supplies market in the region.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

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Author : Emily

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