The global industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period (2025-2035). The market growth is driven by the rising industrialization and expansion of the telecom IT sector and manufacturing sector. The favorable government initiatives to support Small and Medium Enterprises (SMEs) are additionally contributing to driving industrialization across countries including India, and China, among others. The global industrial power supply market is segmented by product type (AC-DC converter, DC-DC converter, and DC-AC inverter), by vertical (food and beverage, telecom & it, transportation, energy and utilities, consumer electronics, aerospace and defense, healthcare, and others), and by geography (North America, Europe, Asia-Pacific, and the Rest of the World).
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The major players in the global industrial power supply market include XP Power, ABB Ltd., Delta Electronics, Inc., Siemens AG, and TDK Corp. Product launches and mergers and acquisitions are some pivotal strategies implemented by the market players to enhance their position in the marketplace, which is significantly contributing to the market growth.
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Recent Developments
- In December 2024, TDK Corp announced push-in wire terminations for models in the high-reliability, TDK-Lambda HWS-A family of AC-DC power supplies. The models are available with vertical and horizontal orientated terminals, for simplifying cable harnessing. The product is designed for manufacturing automation.
- In November 2024, Delta showcased its industrial power supplies and battery charging technologies at Electronica 2024. The industrial power supplies included, DIN Rail Type Force-GT Series, and Panel Mount Type PMS Series Panel. DIN Rail Type Force-GT Series features up to 60°C high-temperature capability, conformal coating on PCBAs for corrosion resistance, and up to 95% efficiency, offering stable power to wind turbine systems. Panel Mount Type PMS Series Panel is designed for warehouse automation applications, such as conveyors and cobots. It features a built-in PFC and conforms to the PMBus communication protocol.
- In October 2024, FSP Group unveiled its power supply technology at Electronica 2024. The power supplies meet the industrial applications of AI, edge computing, medical applications, and industrial sectors.
- In September 2024, Advanced Energy announced the NCF150 series of high-isolation, low-leakage current AC-DC power supplies. It enables medical equipment designers to meet the Cardiac Floating (CF) requirements of the IEC 60601-1 medical safety standard using off-the-shelf products.
- In September 2024, TDK Corp. introduced the 3000-watt TDK-Lambda brand HWS3000 programmable AC-DC power supplies in a 270 x 150 x 61mm case size. The nominal output voltages (24V, 48V, 60V, or 130V) and output currents are fully programmable (CV/CC) from zero up to their maximum rating. The series is available with an 85 – 265Vac single-phase or three-phase 170 – 265Vac input.
- In April 2024, TDK Corp. introduced the ZWS-C series of 10, 15, 30, and 50W-rated industrial AC-DC power supplies. The products meet EN55011/EN55032-B conducted and radiated EMI in either a Class I or Class II (double insulated) construction, without the need for external filtering or shielding. It can be used in factory automation, robotics, semiconductor fabrication manufacturing, and test and measurement equipment.
- In March 2024, TDK Corp. added higher power, three-phase AC input models to the TDK-Lambda DRB series of DIN rail mount power supplies. The products offer 24V, 48V, and 72V outputs, continuous operation at 480W or 960W, and deliver a boost of 720W and 1440W respectively for up to seven seconds. The products have applications in conventional switch cabinets, stand-alone machinery, and industrial systems, and information and communications technology.
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