Programmable Power Supply Market 2019
A new report recently added to the online inventory of Wise Guys Reports (WGR) reveals that the Global Programmable Power Supply Market is expected to grow at a faster pace during the forecast period 2018 and 2023. Widespread use of advanced technology, better form factors, superior interfaces, digital controllers, and thermal management techniques are the significant factors governing the upward market trend.
The key players including
AMETEK Programmable Power
CHROMA ATE INC.
Magna-Power Electronics, Inc.
National Instruments Corporation
Acopian Technical Company
EPS Stromversorgung GmbH
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Programmable power supplies are at times called “system” energy supplies, as they are often used for testing or manufacturing as part of a computer-operated system. The user can easily set (program) the production voltage of a programmable production power supply system. The worldwide market for programmable power supplies is though mature, but the market demand continues to be for more constant and consistent solutions. Vendors of industrial test facilities are specialized in robust test solutions and systems. Intense rivalry and restricted product differentiation characterize the industry.
Although the technology and operating principle of these goods have changed very little, market suppliers have tried to distinguish themselves by creating better form factors, superior interfaces, and digital controllers. Vendors develop designs that provide a quicker reaction to the test element’s changing conditions. New interfacing capabilities are introduced to enable better data acquisition and higher computing capabilities. The most prevalent development activity taken up by market suppliers was a constant focus on integrating more energy into narrower spaces. Vendors have further embraced multiple topologies and fresh thermal management techniques in an effort to improve the power density of DC electronic loads.
Global Programmable Power Supply Market: Segmental Analysis
Global Programmable Power Supply Market is segmented into types and applications.
On the basis of type, the market is split into Single-Output Type, Dual-Output Type, and Multiple-Output Type. The market share of Single-Output Type Programmable Power Supply stood highest at 76.54 per cent in the year 2017; the trend is anticipated to continue during the forecast period as well.
On the basis of applications, the Global Programmable Power Supply Market is segmented into Semiconductor Fabrication, Industrial Production, University & Laboratory, Automotive Electronics Test, Medical, and Others.
Global Programmable Power Supply Market: Regional Analysis
On the basis of region, the Global Programmable Power Supply Market is split into North America, Europe, Asia-Pacific, South America, Middle East and Africa.
North America held the most significant programmable power supply market production with net revenue of approximately 30 per cent of the worldwide market in the year 2017 and the region is expected to command its existing place during the forecast timeline as well. Europe occupied a close second place after North America in 2017 with global income market share exceeding 23 per cent. Asia is another significant Programmable Power Supply Production market which is expected to record an impressive compound annual growth rate during the projection period.
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