Global Digital Power Conversion Market (2017-2024)- Research Nester

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Global digital power conversion market By Application (Industrial, Automotive, power sector, Consumer Electronics) By Components (Digital Power management IC, Power Modules, Discrete)

Global Digital Power Conversion Market

Outlook: Industry Insights & Opportunity

Evaluation, 2017-2024

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Digital Power Conversion Market Overview

Power conversion refers to the altering of electric energy from one

form to another. Digital power conversion is used to transform electric

energy from analog current to digital current or digital current to

analog current. Power converters such as voltage convertors are used

for the conversion of electrical energy. These converters transform the

frequency or voltage of the electric current as per the requirement.

Consumers worldwide are inclining towards the digital power

conversion systems. The market share of the digital power conversion

product has been rapidly rising as compared to its counterpart i.e.

analog system. The market share of the digital power conversion

market is increasing due to its growing use in the power system

designs. Moreover, the advantages offered by digital power conversion

over analog system are increasing the demand for digital power

conversion system. The key advantages it offers over the analog

system are the flexibility and control of power supplies.

Market Size and Forecast

The market of digital power conversion system is anticipated to

witness a robust growth over the forecast period i.e. 2017-2024. This

can be attributed to various factors such as rising demand for digital

power conversion system and government regulations on power

supply systems.

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North America is the leader of the global digital power conversion

market followed by Europe. North America accounted for the largest

revenue share in 2016 and is anticipated to continue its dominance

over the forecast period. The rising disposable income and

government regulations and initiatives are believed to uplift the

market of digital power conversion system in North America.

Further, Europe is anticipated to witness a positive growth over the

forecast period. This is expected to positively impact the growth of the

global digital power conversion market.

Moreover, Asia-Pacific is expected to showcase a significant growth

over the forecast period and bolster the global digital power

conversion market. China and Japan are the major countries which

are anticipated to garner the growth of global digital power

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conversion market. In the terms of production and supply, China is

the key player owing to the cheap manufacturing cost.

Market Segmentation

Our-in depth analysis of the global digital power conversion market

includes the following segments:











By Application

Industrial

Automotive

Power sector

Consumer Electronics

By Substrate

GaN

SiC

Sapphire

By Components

Digital Power management IC

Power Modules

Discrete

By Region

Global digital power conversion market is further classified on the

basis of region as follows:

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North America (U.S. & Canada) Market size, Y-O-Y growth &

Opportunity Analysis

Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-

O-Y growth & Opportunity Analysis




Western and Eastern Europe (U.K., Germany, France, Italy, Spain,

Hungary, Belgium, Netherlands & Luxembourg, Rest of Western

Europe) Market size, Y-O-Y growth & Opportunity Analysis

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand,

Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.

Middle East and Africa (China, India, Japan, Singapore, Australia,

New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity

Analysis

Growth Drivers and Challenges

Increasing disposable income and quickly developing semiconductor

industry are expected to drive the growth of digital power conversion

market over the forecast period. Further, increasing use in the power

system design is anticipated to be the dynamic growth factor of the

global digital power conversion market. Further, technological

progress focused at improving product performance and costs of the

product are the major factor expected to drive the global power

conversion market. Moreover, stringent government regulation on

power supply is anticipated to garner the growth of global power

conversion market.

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However, continuous usage of existing analog control loop is believed

to dampen the growth of global digital power conversion market. In

addition to that, environmental factors, safety concerns and

operational expenses are anticipated to restraint the growth of global

digital power conversion market.


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Key Players

ST Microelectronics

Company Overview

Key Product Offerings

Business Strategy

SWOT Analysis

Financials

Texas Instruments Incorporated

Freescale Semiconductor, Inc.

Linear Technology Corporation

Microchip Technology Inc.

Qualcomm Incorporated,

Analog Devices Inc.,

Power-One Inc.

Maxim Integrated Products, Inc.

ROHM Semiconductor

ABB Ltd

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Scope and Context

Overview of the Parent Market

Analyst View

Segmentation





The global digital power conversion market is segmented as follows:

By Application Market Size & Y-O-Y Growth Analysis

By Substrate Market Size & Y-O-Y Growth Analysis

By Components Market Size & Y-O-Y Growth Analysis

By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and

Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

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Key Information for Players to establish themselves in current

dynamic environment

Related Reports:

To know more about Digital Power Conversion

Market research, please visit:

http://www.researchnester.com/reports/digital-power-conversion-marketglobal-demand-analysis-opportunity-outlook-2024/290

http://www.researchnester.com/reports/docking-station-market-globaldemand-analysis-opportunity-outlook-2024/291

http://www.researchnester.com/reports/smart-shelves-market-globaldemand-analysis-opportunity-outlook-2024/286

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