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iCrowdNewswire Sep 18, 2020 11:58 AM ET

Global Switch Mode Power Supply (SMPS) Market :Overview, Driving Factors, Key Players and Growth Opportunities by 2027


iCrowd Newswire - Sep 18, 2020

Global Switch Mode Power Supply (SMPS) Market

Switch mode power supply (SMPS) is widely used in electronic applications. SMPS is an electronic circuit which uses switching devices to convert power with the help of capacitors or inductors. SMPS supply power when the switching device is in non-conduction state with the help of switching devices which turn on/off at high frequencies.

An increase in demand for consumer electronics among end user is the key driving factor is expected to boost the global switch mode power supply (SMPS) market growth. SMPS have higher efficiency compared to linear regulators as the switching transistor dissipates low power when acting as a switch. Furthermore, rise in need to manage the size and weight of the electronic circuit of electronic devices will positively influence the market growth. Moreover, growing demand for better power efficiency is another market boosting factor which is expected to fuel the market growth during this forecast period. Also, rise in need for wide output range of power switches will propel the global switch mode power supply (SMPS) market growth.

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However, high costs of switch mode power supply (SMPS) compared to linear supplies is the  major restraining factor which is expected to hamper the global switch mode power supply (SMPS) market growth. Also, complex circuit design will affect the market growth during this analysis period.

The Switch Mode Power Supply (SMPS) Market has been explored in segments. type, Components, and distribution channel are some of the areas where the market has been studied. The regional outlook section specifically mentions the progress of the xxx market. Clients can identify several windows which allow the regional markets to vent out, registering impressive revenues. America, Europe, Asia Pacific, the Middle East Asia and Africa, and Rest of the World (RoW) are regional segments of the Switch Mode Power Supply (SMPS) market. Market vendors are profiled from credible sources like industry whitepapers, annual reports, financial reports, andKey Opinion Leaders (KOLs) that comprise Chief Executive Officer (CEO), sales directors, general managers, product managers, R&D directors, and others. The latest news concerning the Switch Mode Power Supply (SMPS) market is highlighted in the news update section.

Market Key Players

Various key players are discussed in this report such as ABB Ltd., Cosel Asia Ltd., Delta Electronics, Inc., Schneider Electric SE, OMRON Corporation, Siemens AG, WELL Enterprises Co., Ltd., MEAN Phoenix Contact, TDK-Lambda Corporation, and Texas Instruments Incorporated.

Market Taxonomy

By Product Type

By End User

By Region

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