Astute Analytica’s recent Single Programmable Power Supply Market report covers all the factors that will impact the market in the coming years. The report covers several sections, such as the impact of COVID-19, shareholding segments, etc. Moreover, it also presents the list of past innovations and current events to give an overview of the trends.
The global single programmable power supply market size is expected to reach US$1,095.7 million by 2030, growing at a compound annual growth rate (CAGR) of 5.9% during the period forecast from 2022 to 2030.
North America is expected to become the major shareholder in the global single programmable power supply market in terms of revenue. The growth of the market is attributed to various factors, including early adoption of advanced technologies, growing investment in the industry, and growing infrastructure development. In addition, the Asia-Pacific information technology market will also witness steady growth due to increased spending by government agencies. Moreover, increasing initiatives to improve infrastructure will also drive the market forward.
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Factors affecting the market
Technology retains a vital place in all industry verticals, including healthcare, automotive, construction, and more. Enterprises are leveraging cloud and service-based services to propel innovation and bring about meaningful revolution. Thus, it will drive the growth of the single programmable power supply market over the forecast period.
The growing investments in this market are expected to boost the growth of the overall market. For example, the US federal government has earmarked $58.4 billion for IT in civilian federal agencies in 2022, a 2.4% increase from 2021.
COVID-19 Impact Analysis
The COVID-19 outbreak has forced many organizations to adapt to digital methods, which has rapidly accelerated digital transformation. Work environments have changed abruptly as remote work has become the new norm among organizations. As a result, it is expected to enhance the potential reach of the information technology market in the coming years. This report from Astute Analytica covers all the factors describing the impact of the pandemic.
Top Key Players of Single Programmable Power Supply Market
Magna Power Electronics
The segmentation section of the report focuses on each segment, while highlighting those having high impact on the global Single Programmable Power Supply Market. The segmentation served as the basis for finding companies and examining their financial situation, product portfolios and future growth potential. The second step was to assess the core competencies and market shares of top companies to predict the degree of competition. A bottom-up method was used to assess the overall market size.
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Introduction to Segmentation
Single programmable power supply market is segmented into:
By product type
Programmable DC power supply
Bi-directional programmable DC power supply
Programmable AC Sources
1 kVA~50 kVA Programmable Network Simulators
Regenerative DC loads 1 kW~100 kW
Renewable energy applications
Manufacture of photovoltaic panels
Fuel cell manufacturing
Manufacture of energy management systems
Universities and Laboratories
The rest of Europe
Australia and New Zealand
Rest of Asia-Pacific
Middle East and Africa (MEA)
United Arab Emirates
Rest of MEA
Rest of South America
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