Europe industrial power supply market is estimated to grow at a CAGR of nearly 6.5% during the forecast period. In 2018, industrial production in the EU exceeded the level reported in 2008. More than 75 % of the EU’s value of industrial sold production was generated by six member states. This includes Germany (28% of the EU total), Italy (16%), France (12%), the UK (9%), Spain (8%), and Poland (5%). The production of food products grew in 2018 by nearly $117.1 billion (16%) compared with 2008. Power supply acts as a basic component in the automated manufacturing process that needs safety protection functions and high stability. Delta Electronics offers the DVP series, the PMC/PMT panel mounting models, and the CliQ series DIN rail mounting models. According to the company, such models are highly stable and efficient industrial power supplies. From extended temperature ranges and ruggedized packaging for severe environments to high isolation voltages and high peak load capabilities for unique system needs, power supplies are suitable to address the requirement of its particular industrial application.
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Scope of the Europe Industrial Power Supply Market
Market Coverage
- Market number available for 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
Segment Covered- By Product Type and Vertical
- Regions Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
- Competitive Landscape- ABB Ltd., Siemens AG, XP Power, TDK Corp., and Phoenix Contact
Recent Strategic Initiatives in the Europe Industrial Power Supply Market
- In January 2020, AEG Power Solutions declared the introduction of the new generation of Protect C and Protect D series of double-conversion online uninterruptible power supplies. The enhanced uninterruptible power supplies were designed to provide economic power and optimized protection in a more compact housing. These systems are appropriate for the protection of all kinds of critical applications, in the IT environment including IoT, storage systems, edge computing, servers, workstations, or electrical infrastructure in banking, corporate, healthcare, and industrial applications.
- In March 2019, Siemens declared the expansion of its range of DC/DC converters by launching a new range of Sitop PSU3400 devices for the lower output range up to 120 watts. These new power supply units facilitate stable output voltage even with voltage fluctuations of +/-25%. The benefits for users comprise a high degree of efficiency of 92% and high safety during operation coupled with the wide input range with reverse polarity protection.
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Europe Industrial Power Supply Market-Segmentation
By Product Type
- AC-DC Converter
- DC-DC Converter
- DC-AC Inverter
By Vertical
- Food and Beverage
- Energy and Utilities
- Telecom & IT
- Transportation
- Consumer Electronics
- Aerospace and Defense
- Healthcare
- Others
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