Market Overview:
The global benchtop power supplies market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for benchtop power supplies from various end-use industries, such as semiconductor fabrication, automotive electronics test, industrial production, university & laboratory, medical and others. In addition, the growing demand for miniaturized and portable devices is also contributing to the growth of this market. Based on type, the global benchtop power supplies market can be segmented into single output type and multi output type. The single output type segment is expected to account for a larger share of the global market than the multi output type segment during the forecast period. This can be attributed to its low cost and easy installation compared with multi output types.
Product Definition:
A benchtop power supply is a type of power supply that is designed to be used in a laboratory or workshop setting. It typically has an output voltage of 0-30 volts and an output current of 0-5 amps. Benchtop power supplies are important because they allow users to test electronic circuits and prototypes without having to connect them to a larger, more powerful power supply.
Single Output Type:
Single output type power supplies are also known as linear or fixed voltage power supplies. They provide a fixed output voltage and current, unlike multi-output types which can produce varying voltages and currents by using different outputs. Single output type is mainly used for low-power applications such as benchtop scientific & industrial instruments, portable tools, educational equipment, etc.
Multi Output Type:
Multi output type power supplies are designed to supply multiple voltages simultaneously and can deliver a greater volume of current. Multi output type power supplies are used in benchtop scientific instruments, such as oscilloscopes, spectrum analyzers, data loggers and other laboratory equipment.
Application Insights:
The application segment is segregated into seven sub-segments, namely semiconductor fabricationation, automotive electronics test, industrial production, university & laboratory, medical equipment and others. In 2017 the semiconductor fabricationation segment dominated the market with a share of over 40% in terms of revenue. The growth can be attributed to increasing demand for chips across various applications such as smartphones and computers.
The global electronic products industry has been growing at a significant pace over the past few years owing to rapid technological advancements coupled with increased consumer disposable income levels in developing countries including China India and Brazil. This factor is anticipated to fuel product demand from 2018 to 2030 thereby contributing towards overall industry growth during that period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in demand for power supplies from various application segments, particularly from China and India. This can be attributed to an increase in manufacturing activities across numerous industries including automotive, consumer electronics, industrial machinery, etc. Moreover, rising investments by prominent players such as SEGWAY INC.; Siemens; ABB Ltd.; and others are anticipated to drive product demand over the next eight years.
The European regional market accounted for more than 20% of global revenue share in 2017 owing to high penetration of benchtop power supplies used across several laboratories & universities for research purposes as well as production facilities of semiconductors & microelectronics at advanced levels along with other industry verticals such as aerospace & defense (aircraft) and medical devices among others).
Growth Factors:
- Increasing demand for benchtop power supplies from the electronics and semiconductor industries
- Growing popularity of benchtop power supplies in research and development laboratories
- Rising demand for programmable benchtop power supplies
- Proliferation of portable electronic devices and increasing need for reliable power sources
- Technological advancements in the field of benchtop power supplies
Scope Of The Report
Report Attributes
Report Details
Report Title
Benchtop Power Supplies Market Research Report
By Type
Single Output Type, Multi Output Type
By Application
Semiconductor Fabrication, Automotive Electronics Test, Industrial Production, University & Laboratory, Medical, Others
By Companies
B&K Precision, TDK-Lambda, Keysight, Keithley Instruments, Advanced Energy, Extech, Global Specialties, MEAN WELL, Schneider Electric, Tamura, B&K Precision, Teledyne LeCroy, Tripp Lite, Vicor, XP Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Benchtop Power Supplies Market Report Segments:
The global Benchtop Power Supplies market is segmented on the basis of:
Types
Single Output Type, Multi Output Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Semiconductor Fabrication, Automotive Electronics Test, Industrial Production, University & Laboratory, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B&K Precision
- TDK-Lambda
- Keysight
- Keithley Instruments
- Advanced Energy
- Extech
- Global Specialties
- MEAN WELL
- Schneider Electric
- Tamura
- B&K Precision
- Teledyne LeCroy
- Tripp Lite
- Vicor
- XP Power
Highlights of The Benchtop Power Supplies Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Output Type
- Multi Output Type
- By Application:
- Semiconductor Fabrication
- Automotive Electronics Test
- Industrial Production
- University & Laboratory
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Benchtop Power Supplies Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Benchtop power supplies are small, portable power sources that can be used to provide supplemental power to devices such as laptops and tablets. They typically have a smaller capacity than traditional power supplies, but they are more lightweight and easier to carry around.
Some of the major companies in the benchtop power supplies market are B&K Precision, TDK-Lambda, Keysight, Keithley Instruments, Advanced Energy, Extech, Global Specialties, MEAN WELL, Schneider Electric, Tamura, B&K Precision, Teledyne LeCroy, Tripp Lite, Vicor, XP Power.
The benchtop power supplies market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benchtop Power Supplies Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Benchtop Power Supplies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Benchtop Power Supplies Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Benchtop Power Supplies Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Benchtop Power Supplies Market Size & Forecast, 2018-2028
4.5.1 Benchtop Power Supplies Market Size and Y-o-Y Growth
4.5.2 Benchtop Power Supplies Market Absolute $ Opportunity
Chapter 5 Global Benchtop Power Supplies Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Benchtop Power Supplies Market Size Forecast by Type
5.2.1 Single Output Type
5.2.2 Multi Output Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Benchtop Power Supplies Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Benchtop Power Supplies Market Size Forecast by Applications
6.2.1 Semiconductor Fabrication
6.2.2 Automotive Electronics Test
6.2.3 Industrial Production
6.2.4 University & Laboratory
6.2.5 Medical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benchtop Power Supplies Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Benchtop Power Supplies Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Benchtop Power Supplies Analysis and Forecast
9.1 Introduction
9.2 North America Benchtop Power Supplies Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Benchtop Power Supplies Market Size Forecast by Type
9.6.1 Single Output Type
9.6.2 Multi Output Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Benchtop Power Supplies Market Size Forecast by Applications
9.10.1 Semiconductor Fabrication
9.10.2 Automotive Electronics Test
9.10.3 Industrial Production
9.10.4 University & Laboratory
9.10.5 Medical
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Benchtop Power Supplies Analysis and Forecast
10.1 Introduction
10.2 Europe Benchtop Power Supplies Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Benchtop Power Supplies Market Size Forecast by Type
10.6.1 Single Output Type
10.6.2 Multi Output Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Benchtop Power Supplies Market Size Forecast by Applications
10.10.1 Semiconductor Fabrication
10.10.2 Automotive Electronics Test
10.10.3 Industrial Production
10.10.4 University & Laboratory
10.10.5 Medical
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Benchtop Power Supplies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Benchtop Power Supplies Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Benchtop Power Supplies Market Size Forecast by Type
11.6.1 Single Output Type
11.6.2 Multi Output Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Benchtop Power Supplies Market Size Forecast by Applications
11.10.1 Semiconductor Fabrication
11.10.2 Automotive Electronics Test
11.10.3 Industrial Production
11.10.4 University & Laboratory
11.10.5 Medical
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Benchtop Power Supplies Analysis and Forecast
12.1 Introduction
12.2 Latin America Benchtop Power Supplies Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Benchtop Power Supplies Market Size Forecast by Type
12.6.1 Single Output Type
12.6.2 Multi Output Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Benchtop Power Supplies Market Size Forecast by Applications
12.10.1 Semiconductor Fabrication
12.10.2 Automotive Electronics Test
12.10.3 Industrial Production
12.10.4 University & Laboratory
12.10.5 Medical
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Benchtop Power Supplies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Benchtop Power Supplies Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Benchtop Power Supplies Market Size Forecast by Type
13.6.1 Single Output Type
13.6.2 Multi Output Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Benchtop Power Supplies Market Size Forecast by Applications
13.10.1 Semiconductor Fabrication
13.10.2 Automotive Electronics Test
13.10.3 Industrial Production
13.10.4 University & Laboratory
13.10.5 Medical
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Benchtop Power Supplies Market: Competitive Dashboard
14.2 Global Benchtop Power Supplies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B&K Precision
14.3.2 TDK-Lambda
14.3.3 Keysight
14.3.4 Keithley Instruments
14.3.5 Advanced Energy
14.3.6 Extech
14.3.7 Global Specialties
14.3.8 MEAN WELL
14.3.9 Schneider Electric
14.3.10 Tamura
14.3.11 B&K Precision
14.3.12 Teledyne LeCroy
14.3.13 Tripp Lite
14.3.14 Vicor
14.3.15 XP Power
