Global Direct Current Power System Market to grow at a CAGR of 4.98% during the period 2017 - 2021; Finds New Report

Report forecast the global DC power system market to grow at a CAGR of 4.98% during the period 2017-2021.

The DC power systems are broadly categorized into DC-DC and AC-DC power supply. Such systems are mainly used in telecom towers, data centers, industrial loads, commercial buildings, residential loads, electronics appliances, automotive, medical equipment, and aircraft. The system uses semiconductor switches such as diode and thyristors for the conversion process. Since the global transmission and distribution use AC power systems, rectifiers are needed to get DC power supply. In the last few years, the growing need to achieve energy efficiency has spurred the demand for DC power systems as they are more efficient than AC power systems.

The report covers the present scenario and the growth prospects of the global DC power system market for 2017-2021. To calculate the market size, the report considers both commodities and non-commodities DC-DC and AC-DC power supply markets.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one driver in market is growing need for renewable energy sources. The growing demand for renewable energy sources such as solar and wind has augmented the demand for DC-DC power systems. As renewable sources generate DC power directly, DC-DC power systems, which are highly efficient converters, are used to adjust the voltage level to an appropriate value. The growing concern for the shortage of natural resources and government initiatives such as tax benefit and funding for the sustainable environment have increased the investment in renewable sectors, which will further propel the growth of the global DC power system market.

Further, the report states that one challenge in market is economic and political uncertainty. The growth in the telecom sector depends on the economic condition of the region. Since the telecom sector is the major contributor to DC power systems, an economic slump will lead to instability in the telecom sector. For instance, during the 2008 recession, the telecom sector in India became unstable, and the Government of India had to provide assistance to the industry. Hence, any economic uncertainty in future will lead to less investment in the telecom sector. In 2015, the global economic growth rate fell by 0.4% as compared with 2014, which showed growth in 2016. We expect post-election scenario in the US to bring some positive changes to the US economy, as the new government is in favor of reforming the North American Free Trade Agreement (NAFTA) policy.

Global DC Power System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global DC power system market: Artesyn Embedded Technologies, Delta Electronics, GE Industrial Solutions, Huawei, and Lite-On Power System Solutions.

Other Prominent Vendors in the market are: AEG Power Solutions, Alpha Group, C&D Technologies, Critical Power USA, Eaton, MEAN WELL, and Power Magnetics.

Market driver

• Growing need for renewable energy sources.
• For a full, detailed list, view our report

Market challenge

• Decline in demand for voice call in telecom sector.
• For a full, detailed list, view our report

Market trend

• Growing popularity of ultra-high capacity (100G/400G) optical network.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 69 pages and 47 Exhibits “Global Direct Current Power System Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by power rating, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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