AC-DC DIN Rail Power Supply Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

DIN guideway power supplies are based on a series of standard guideway power supplies created by the German Institute for Standardization (DIN), Germany's national standards organization. This power supply converts alternating current (AC) to direct current (DC) at various ranges. The end user can obtain the desired DC output power by using various Settings of the power supply. The power supply is easy to install and requires little or no maintenance. DIN guide rail power supply is mainly used in industrial automation control, light industry, instrument and meter, process control and other fields. It has become an essential part to ensure the quality and reliability of power supply facilities.

MARKET SCOPE

The "Global AC-DC DIN Rail Power Supply Market Analysis to 2031" is a specialized and in-depth study of the power supply components with a special focus on the global market trend analysis. The report aims to provide an overview of the AC-DC DIN rail power supply market with detailed market segmentation by type, application and geography. The report provides key statistics on the market status of the leading AC-DC DIN rail power supply market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• On the basis of type the market is segmented into single phase, two phase and three phase
• On the basis of application, the market is segmented as IT, industrial, electricity and energy, petroleum and natural gas, and others

MARKET DYNAMICS

Drivers

• The growing adoption of industrial automation is fueling the market growth
• Thw wide scope application owing to its associated advantageous is propelling the market growth

Restraints

• High cost of raw material restraint the market growth

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The AC-DC DIN rail power supply market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the AC-DC DIN rail power supply market in these regions.

IMPACT OF COVID-19 ON AC-DC DIN RAIL POWER SUPPLY MARKET

The outbreak of the COVID-19 pandemic has severely impacted the AC-DC DIN rail power supply market, which resulted decline in the sale of DIN rail power supply components in the year 2021. To meet the increased demand caused by the China pandemic, key market players are focusing on expanding their production capacity and geographic reach. To improve output, organizations are cooperating with manufacturers and other industry partners. Some of the drivers driving the overall market growth are the growing burden of pandemic and growing desire for improvements, increasing demand for China AC-DC DIN Rail Power Supply products, including low-cost replacements, and increasing significance placed on workplace safety. The pandemic has impacted the industrial operation activities which influenced the market negatively. However, with ease in restrictions and reopening of industries which have augmented the demand for industrial automation activites and expected to drive the market growth over the pandemic recovery period.

MARKET PLAYERS

The report covers key developments in the AC-DC DIN rail power supply market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. The market players in the AC-DC DIN rail power supply market are anticipated to provide lucrative growth opportunities in the future owing to rise in demand from industries owing to growth in industrial automation.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the AC-DC DIN rail power supply market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Siemens
• ABB
• Schneider Electric
• Emerson Electric Co.
• Rockwell Automation, Inc.
• Murr Elektronik
• Bel Fuse Inc
• XP Power
• PHOENIX CONTACT
• MEAN WELL Enterprises Co. Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

AC-DC DIN Rail Power Supply Report Scope