Market Overview:
The global industrial smart power supply market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and reliable power supplies in various industrial applications. In addition, the growing adoption of Industrial Internet of Things (IIoT) is also propelling the growth of this market. Based on type, the global industrial smart power supply market can be segmented into 500 kVA segments.
Product Definition:
The industrial smart power supply is a device that supplies power to electronic equipment. It is important because it provides a stable, reliable source of power for the equipment and helps to protect it from damage.
The global industrial smart power supply market size was valued at USD 8.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its ability to monitor and control power usage, which is an essential factor for achieving energy efficiency in industries.
100-500 kVA:
The 100-500 kVA range is used for the power supply of industrial automation systems such as SCADA, Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controllers (PLC) and others. The growing need for smart grid technology in developing countries along with increasing penetration of renewable energy sources has led to high demand in this range.
Application Insights:
The manufacturing industry accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The growth can be attributed to factors such as increasing demand for automation, rising energy costs, and need for improving efficiency.
The transportation industry is expected to grow at a significant rate over the forecast period owing to factors such as growing urbanization and population along with increasing disposable income of consumers in emerging economies including China India & Brazil. This factor is projected to increase demand for electric vehicles which will further fuel product demand during the estimated time frame. Increasing use of UHVACs across various industries including oil & gas, chemical processing plants etc., has resulted in increased safety requirements which have driven product innovation worldwide. For instance; GIS are used extensively across petrochemical plants thereby driving product adoption globally since 2009 when it was introduced by Siemens Energy Automation Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has resulted in an increasing demand for smart power supplies. China is one of the largest markets for industrial smart power supplies owing to a large number of manufacturing facilities present across various sectors including food & beverage, automotive, consumer goods and others.
The European market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period on account of growing adoption from key end-use industries such as manufacturing, transportation and others. The North American regional market accounted for a considerable share owing to early adoption by several major end-user industries such as oil & gas industry that require continuous monitoring & maintenance services throughout their lifetime; thus resulting in higher penetration rates compared with other regions across multiple applications.
Growth Factors:
- Increasing demand for industrial automation and smart factories
- Rising need for energy-efficient and reliable power supply systems
- Proliferation of data-driven technologies and the Industrial Internet of Things (IIoT)
- Growing concerns over climate change and its impact on the industrial sector
- Emergence of new business models that promote sustainable consumption
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Smart Power Supply Market Research Report
By Type
<100 kVA, 100-500 kVA, >500 kVA
By Application
Manufacturing Industry, Transportation Industry, Power Industry, Others
By Companies
Schneider-Electric, EATON, Emerson, S&C, Toshiba, Delta, Piller, Socomec, Angid, DPC, ABB, Gamatronic, SORO Electronics, ChromaIT, Kehua, Yeseong Engineering
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Smart Power Supply Market Report Segments:
The global Industrial Smart Power Supply market is segmented on the basis of:
Types
<100 kVA, 100-500 kVA, >500 kVA
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
Manufacturing Industry, Transportation Industry, Power Industry, 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:
- Schneider-Electric
- EATON
- Emerson
- S&C
- Toshiba
- Delta
- Piller
- Socomec
- Angid
- DPC
- ABB
- Gamatronic
- SORO Electronics
- ChromaIT
- Kehua
- Yeseong Engineering
Highlights of The Industrial Smart Power Supply 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:
- <100 kVA
- 100-500 kVA
- >500 kVA
- By Application:
- Manufacturing Industry
- Transportation Industry
- Power Industry
- 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 Industrial Smart Power Supply 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?
Industrial Smart Power Supply (ISPS) is a type of power supply that can be used in industrial applications. These supplies are designed to be more efficient and reliable than traditional power supplies, making them ideal for use in factories and other industrial settings.
Some of the major players in the industrial smart power supply market are Schneider-Electric, EATON, Emerson, S&C, Toshiba, Delta, Piller, Socomec, Angid, DPC, ABB, Gamatronic, SORO Electronics, ChromaIT, Kehua, Yeseong Engineering.
The industrial smart power supply market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Smart Power Supply 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 Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size & Forecast, 2018-2028
4.5.1 Industrial Smart Power Supply Market Size and Y-o-Y Growth
4.5.2 Industrial Smart Power Supply Market Absolute $ Opportunity
Chapter 5 Global Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size Forecast by Type
5.2.1 <100 kVA
5.2.2 100-500 kVA
5.2.3 >500 kVA
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size Forecast by Applications
6.2.1 Manufacturing Industry
6.2.2 Transportation Industry
6.2.3 Power Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Smart Power Supply 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 Industrial Smart Power Supply 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 Industrial Smart Power Supply Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size Forecast by Type
9.6.1 <100 kVA
9.6.2 100-500 kVA
9.6.3 >500 kVA
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 Industrial Smart Power Supply Market Size Forecast by Applications
9.10.1 Manufacturing Industry
9.10.2 Transportation Industry
9.10.3 Power Industry
9.10.4 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 Industrial Smart Power Supply Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size Forecast by Type
10.6.1 <100 kVA
10.6.2 100-500 kVA
10.6.3 >500 kVA
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 Industrial Smart Power Supply Market Size Forecast by Applications
10.10.1 Manufacturing Industry
10.10.2 Transportation Industry
10.10.3 Power Industry
10.10.4 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 Industrial Smart Power Supply Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size Forecast by Type
11.6.1 <100 kVA
11.6.2 100-500 kVA
11.6.3 >500 kVA
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 Industrial Smart Power Supply Market Size Forecast by Applications
11.10.1 Manufacturing Industry
11.10.2 Transportation Industry
11.10.3 Power Industry
11.10.4 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 Industrial Smart Power Supply Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Smart Power Supply 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 Industrial Smart Power Supply Market Size Forecast by Type
12.6.1 <100 kVA
12.6.2 100-500 kVA
12.6.3 >500 kVA
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 Industrial Smart Power Supply Market Size Forecast by Applications
12.10.1 Manufacturing Industry
12.10.2 Transportation Industry
12.10.3 Power Industry
12.10.4 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) Industrial Smart Power Supply Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Smart Power Supply 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) Industrial Smart Power Supply Market Size Forecast by Type
13.6.1 <100 kVA
13.6.2 100-500 kVA
13.6.3 >500 kVA
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) Industrial Smart Power Supply Market Size Forecast by Applications
13.10.1 Manufacturing Industry
13.10.2 Transportation Industry
13.10.3 Power Industry
13.10.4 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 Industrial Smart Power Supply Market: Competitive Dashboard
14.2 Global Industrial Smart Power Supply Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider-Electric
14.3.2 EATON
14.3.3 Emerson
14.3.4 S&C
14.3.5 Toshiba
14.3.6 Delta
14.3.7 Piller
14.3.8 Socomec
14.3.9 Angid
14.3.10 DPC
14.3.11 ABB
14.3.12 Gamatronic
14.3.13 SORO Electronics
14.3.14 ChromaIT
14.3.15 Kehua
14.3.16 Yeseong Engineering
