Power Supply Market Overview, Growing Demand and Rising Trends 2021-2030

Transparency Market Research delivers key insights on the global power supply market. In terms of revenue, the global power supply market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global power supply  market.

The global power supply market is broadly affected by several factors, including rise in consumer trend toward building automation, widespread use of consumer electronics, stringent RoHS compliance, and rising demand for automation devices in street lighting and industrial applications. Thus, expanding applications of power supply in different sectors is propelling the global power supply market.

Power Supply Market: Dynamics

The widespread use of consumer electronics and stringent RoHS compliance, as well as the rising demand for automation devices in street lighting and industrial applications, is expected to fuel the industrial power supply market. The growing adoption of power supply with low output power in telecommunications and consumer electronics applications leads to significant growth of the power supply market across the globe. Moreover, the demand for uninterrupted power supply due to increasing industrial automation is likely to propel the global power supply market during the forecast period.

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Developments in wireless Internet and smartphones have extended the concept of smart home to services that can be remotely controlled anytime and anywhere, which is likely to lead to significant growth in power supply modules and in turn help to boost the power supply market across the globe. Moreover, rise in consumer trend toward building automation due to rising disposable income is likely to result in major growth of smart homes. Rapid developments in the field of artificial intelligence is anticipated to increase the application of power supplies in the field of building automation, which is likely to lead to significant growth of the power supply market.

On the other hand, high voltage direct current systems allow more efficient bulk power transmission over a long distance, which is encouraging consumers to move toward high voltage direct current power systems. This is likely to be a challenge for the power supply market across the globe. A high-voltage, direct current (HVDC) electric power transmission system, also called a power superhighway or an electrical superhighway has the ability to automatically reverse the output polarity with the flip of a remote or switch control signal, avoiding power failure in these systems, which is likely to increase the consumption of high voltage direct current systems. This is projected to restrain the power supply market across the globe. The rising adoption of renewable energy sources, including solar energy and geothermal energy is also likely to create challenges for the power supply market across the globe.

Power Supply Market: Prominent Regions

The power supply market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of consumer electronics and industrial automation in the region. The power supply market in Europe is projected to witness favorable growth during the forecast period, due to significant rise in industrial activities and expansion of the automotive sector in the region. The Asia Pacific power supply market is likely to expand during the forecast period, owing to the presence of a large number of players designing and producing power supplies.

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Power Supply Market: Key Players

Key players operating in the global power supply market are Artesyn, COSEL ASIA LTD, Delta Electronics Inc., General Electric, MEAN WELL Enterprises Co. Ltd, Murata Power Solutions, Phoenix Contact, Phoenix Contact, Siemens AG, TDK-Lambda Corporation, and XP Power among others.

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Silicon Capacitors Market Growth Tendencies and Developments Until 2027

According to a new research report pertaining to the silicon capacitors market, published by Transparency Market Research , the global silicon capacitors market is expected to reach value of nearly 3,100 Mn by 2027, expanding at a CAGR of more than 8% from 2019 to 2027. According to the report, the global silicon capacitors market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period.

High Stability and Reliability Ideal for Higher-temperature Applications Driving the Global Silicon Capacitors Market

• Silicon capacitors are commercially available in different sizes and different temperature rating. End users can easily choose their product-specific capacitors through different sales channels.
• These capacitors can be used at low frequencies. They are also suitable for various RF power applications. This is primarily because a silicon substrate provides excellent thermal conductivity, allowing higher power ratings than the alternative technologies available in the marketplace.
• Over the last few years, silicon capacitor technology has been successfully deployed in a wide variety of applications across the world. Its unique characteristics, ease of application and installation, and stellar performance have led to the emergence of a new era in capacitance. These factors are likely to fuel the global demand for silicon capacitors. This, in turn, is anticipated to drive the global silicon capacitors market during the forecast period.
• Rising investments and growing use in DC-DC converter and RF-based GaN applications are key factors expected to drive the global silicon capacitors market during the forecast period.

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Telecommunication Segment to Account for a Leading Share of the Global Silicon Capacitors Market

• The report offers detailed segmentation of the global silicon capacitors market in terms of structure (deep-trench capacitors, MNOS capacitors, and MIS capacitors), sales channel (online and offline), and end-use industry (telecommunication, automotive, healthcare, aerospace & defense, and others). The global silicon capacitors market has also been segmented based on region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa).
• Among the end-use industries, the telecommunication segment accounted for a leading share of the global silicon capacitors market in 2018. The segment is anticipated to maintain its leading position in the global silicon capacitors market during the forecast period as well.
• Across the globe, the increase the number of telecommunication devices is likely to fuel the demand for silicon capacitors in the near future. Strong growth of communication networks and services is resulting in the rising demand for telecommunication equipment. Moreover, the increasing need for the miniaturization of electronic devices and growing requirement for high-power telecommunication devices are expected to surge the demand for silicon capacitors in the next few years. 

North America to be a Highly Lucrative Market for Silicon Capacitors

• North America is expected to hold a substantial share of the global silicon capacitor market during the forecast period, owing to the early adoption of silicon capacitors in the region. Asia Pacific and Europe hold a considerable market share each. On the other hand, these regions are projected to provide highly lucrative opportunities to the silicon capacitors market during the forecast period.

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• Asia Pacific is the second-largest as well as the most lucrative market for silicon capacitors across the globe. The rising demand for sophisticated electronic devices, infrastructure development in the telecommunication sector, and growing popularity of GaN power-based applications in India, China, and Southeast Asia are key factors augmenting the silicon capacitors market in Asia Pacific. Furthermore, the increasing demand for healthcare devices based on silicon capacitors is expected to boost the silicon capacitors market in the region during the forecast period. 

High Investments and New Product Development by Key Players to Boost Global Silicon Capacitor Market

The report contains the profiles of leading players operating in the global silicon capacitors market. These include

• Arrow Electronics, Inc.
• Murata Manufacturing Co., Ltd.
• MACOM Technologies
• Microsemi Corporation
• Skyworks Solutions, Inc.

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AC Adapter Market Competitive Intelligence Analysis 2021-2025

AC adapters are mainly used to charge or power different electronic devices, like mobile phones, external hard drives or laptop computers.  AC adapter used to change the AC power from the  electrical outlet into the particular type of voltage or power that an electronic device needs to work. Usually, eACh device has got a designated adapter which is pre-set to the ACcurate voltage conversion. For this particular reason, adapters generally are not interchangeable. The growth of AC adapter market is highly reliant on the growth of overall smartphone and tablet market globally.

For purpose of in depth analysis, the AC adapter market has been segmented on the basis of voltage range, applications and geography. Based on the voltage range, the market has been segmented into three types they are like 100V to 120V AC, 200V to 240V AC,110V to 240 V AC. Previously adapters which were capable of handling 100V to 120V AC and 200V to 240V AC were being used mostly but later on with the introduction of switched mode supply; AC adapters which are  capable of working with any voltage range starting from 110V to 240V became very much popular. Various types of applications of AC adapter include application in smartphone, laptop, tablet, feature phone, smart watch, feature phone and others. Moreover, this report also provide cross functional analysis of all the above mentioned segment ACross different regions such as  Europe, North America, Asia PACific, Middle East and Africa and Latin America.

Increasing adoption of AC adapter in different applications like smartphones, tablets and LED lighting is ACting as a major growth driver for the AC adapter market. Further demand is being expected from the developing market where the 3G and 4G networks are rolling out. Therefore, the growing need of AC adapter in tablet PCs is also one of the main fACtor anticipated to catalyse the growing demand of different types of AC adapter during the forecast period from 2017 to 2025. In addition, rapid technological advancement in video game consoles and play stations is also anticipated to increase the demand of AC adapters in the upcoming years. In turn this is also projected to affect the market of AC adapter in a positive manner during the forecast period.

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In spite of many driving fACtors, the AC adapter market is expected to show a shrink and fluctuation in growth rate because of the power overload fACtor in AC adapters. Decline in the sales of AC adapter in nonsmart phones are ACting as a restraining fACtor for the global AC adapter market. The growing demand for AC adapters in tablets and smart phones is going to create significant opportunity for AC adapter in coming years.

By type of applications, applications in smartphone segment held the largest market share because of the growing adoption of AC adapters in 3G and 4G enabled smartphones. However, the laptop and tablet segment is projected to AChieve exponential growth during the forecast period. Ease of operations and the launch of the next-generation game consoles is expected to drive the market for laptop and tablets.

Geographically, the global AC adapter market is mainly driven by North America region. Digitalization of the education system ,online retail and continuously growing social networking increased the demand of tablets, smartphones and laptops which in turn is expected to drive the market of AC adapters in the North America  region.. This region is expected to maintain its dominance in the market during the forecast period owing to the presence of huge number of AC adapter manufACturers in countries like the U.S. and Canada among others.

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Some of the leading players operating in the AC adapter market includes TDK-Lambda (Japan), Delta Electronics (Taiwan),ETA-USA (The U.S.), B&B Electronics (Canada), B&K Precision (The U.S.), Microchip (The U.S.), , Advantech (The U.S.),Atmel (The U.S.) among others.

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Air Conditioning Systems Market Share, Future Trends with Primary and Secondary Research Report analysis up to 2027

According to TMR, the global air conditioning systems market is expected to reach US$160.3 bn by 2027. In terms of type of air conditioning systems, split AC segment is expected to grow with a higher CAGR in coming years. In terms of region, the Middle East and Africa is witnessing the fastest growth rate. In 2018, Asia Pacific was valued to be the largest market and is expected to maintain its dominance in coming years.

In terms of application, commercial segment accounted for largest and fastest growing category as a result of its  usage in hotels, hospitals, clinics, and similar other areas. In terms of volume however, the residential application segment LED in the past. Residential segment is also anticipated to witness the fastest growth rate during the forecast period.

The global air conditioning systems market fragmented by nature with the presence of several small and medium companies. Companies are adopting the strategy of product innovation & development as well as investing in geographical expansion. Some of the bigger players are acquiring small players to increase their product range and market share as well as geographical reach in the market.

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A few of the key players operating in the global air conditioning systems market are Daikin Industries Ltd., Gree Electric Appliances, Inc., and Carrier Corporation, Panasonic Corporation, Mitsubishi Corporation, and The Midea Group, LG Electronics, Haier Electronics Group Co., Ltd., and Hitachi Ltd.

Adoption of Green Technology to Drive Growth Prospects of Market

It has been observed that air conditioning systems consume higher amount of energy. Companies are working on low energy consumable products which can meet the consumer demand. Some of the companies are adopting green technologies and advanced technologies that are making air conditioning systems, energy efficient. Players are also coming up with designs in order to meet the energy requirements of consumers as well as complies with the government standards. The trend of green technology and smart homes are expected to boost the market demand in coming years.

Stringent Government Regulations to Aid Growth of Market

Key factors attributing to the global air conditioning systems market is growth in increasing spending on construction and housing sector at global level. Rising population and urbanization has led to higher spending on infrastructural activities. Stringent government regulations and policies, growing consumer expectations and technological advancements are also helping drive the growth of the global air conditioning systems market. The demand for air conditioning systems is very strong from the commercial sector in the Asia Pacific region on account of climatic variations.

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The growing awareness regarding the need to maintain the quality of air in doors is also leading to an increase in the uptake of air conditioning systems which offers advanced air purifying technology. Furthermore, availability of doorstep product delivery and installation services will work as a positive factor of global air conditioning systems market growth.

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Investment Casting Market Growth Tendencies and Developments Until 2026

Investment casting process is a foundry process by which a metal part is produced from an investment mold that is formed by a heat-disposable pattern such as wax. Investment casting process is also termed as the lost wax method. These castings are commonly used in defense aircraft, launch vehicles, helicopters, regional jets, and commercial transport. Investment casting process is known for its highly accurate, and, near-net-shape.

Key factors driving the investment casting market include decentralized power generation, optimization of the casting process through simulations, and rising trend of pipeline connectivity and movement of natural gas. Rapid growth in the aerospace & defense sector will drive the demand for investment casting in the near future. Foundries must overcome the challenge of high energy cost as the energy consumption at every stage is immense. On the other hand, need for high initial capital investment is a major drawback of investment castings. The requirement of machinery for large scale production leads to high initial cost. Moreover, the preparation of the wax molds is a time consuming, labor-intensive process. These are some of the major factors hampering the growth of the investment casting market.

The global investment casting market can be segmented based on material, distribution channel, end-users, and region. On the basis of material, the investment casting market can be segmented into aluminum, superalloys, steel, titanium, and others which includes glass and brass. Based on distribution channel, the investment casting market can be bifurcated into direct sales and distributor sales. In terms of end-users, the investment casting market is bifurcated into aerospace & defense, automotive, industrial gas turbines, medical, engineering machinery, and general industrial machinery.

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Aerospace & defense is one the biggest end-user segment of the investment casting market. Commercial aircrafts and jet propulsion for defense offer investment casting the leading status in the casting industry. Based on region, the global investment casting market can be segregated into Europe, North America, Asia Pacific, South America, and Middle East & Africa. North America region is projected to be the major revenue contributor for investment casting due to the expanding manufacturing industry, primarily for civil aviation and industrial gas turbines.

Secondly, the market in Asia Pacific is estimated to expand at a considerable pace during the forecast period due to increasing government investment in the aerospace & defense sector. China and India are automotive hubs with large number of automotive OEM’s shifting their manufacturing facilities to these countries. This has influenced the demand for aluminium castings in these countries in the past couple of years. Rise in demand for investment casting in industries such as aerospace & defense, automotive, industrial gas turbines (IGT), medical, engineering machinery etc. will drive the market in developing Asian countries such as Japan and South Korea. This is expected to augment the demand for investment casting in these countries from 2018 to 2026.

Prominent players operating in the global investment casting market are Precision Castparts Corp, Amtek Group, Doncasters Group Ltd,  ABB, Bharat Forge Ltd., Alcoa Corporation, RLM Industries, Inc.,  ThyssenKrupp AG, Milwaukee Precision Casting, Inc.,  Aristo Cast Corporation, CIREX, Georg Fischer Ltd., The Anchor Danly Company, MetalTek International, Zollern GmbH & Co. KG., Thompson Investment Casting, Nova Technocast, Signicast, and Solidscape Inc. These players are estimated to face tough competition in the near future due to presence of a large number of local players in the market. Major brands are likely to focus on innovation of new products and research & development activities to strengthen their foothold in the global investment casting market. Companies are undertaking mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Hybrid Cars Market Segmentation and Growth Analysis 2024

The demand within the global market for hybrid car has been rising on account of advancements in the field of automotive manufacturing, finds TMR. The cumulative revenue share of the leading marker vendors in the global market for hybrid cars is expected to surpass all previous marks. This is a key manifestation of the consolidated nature of the global market for hybrid cars. The technology used for manufacturing hybrid cars is extremely intrinsic and complex, and hence, only a handful of manufacturers have been able to incorporate this technology. Furthermore, the need for a seamless automobile sector has also gathered momentum in recent times. This factor shall enhance the prospects of growth for the vendors operating in the global hybrid cars market.

The market for hybrid cars has been expanding at a stellar pace in recent times. This has led to the creation of lucrative opportunities for the market vendors. Moreover, there is a possibility of new vendors entering into the global market for hybrid cars in the forthcoming years. Hence, the global market for hybrid cars is expected to undergo rapid fragmentation over the next decade. Some of the key vendors in the global hybrid cars market are Toyota Motor Corp., Honda Motor Co. Ltd., Hyundai Motor Co., and Nissan Motor Co. Ltd.

Transparency Market Research (TMR) finds that the global market for hybrid car would expand at a boisterous CAGR of 16.5% over the period between 2016 and 2024. Furthermore, the market for hybrid cars is expected to touch a value of US$ 398.9 bn by the end of the forecast period. On the basis of vehicle type, commercial hybrid vehicles are gradually gathering popularity. Based on geography, the market for hybrid cars in Europe has been expanding at a starry rate in recent times.

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Environmental Factors to Propel Market Demand

The need for a sustainable future has led to rapid changes and transformations in multiple industries. Environmental degradation caused by the automotive sector has come under the spotlight of negative attention in recent times. Hence, there is a dire to ensure that the pollution caused by vehicles is reduced. Considering these dynamics, it is legit to assert that the global market for hybrid cars would expand at a starry rate in the years to come. Furthermore, the presence of a seamless automotive sector that focuses on its corporate social responsibility has also created demand within the global market for hybrid cars.

Commercial Vehicles to Push Market Growth

The use of hybrid cars as commercial vehicles is a trend that has been gathering momentum over the past decade. Hence, there is commendable scope for growth within the global market for hybrid cars in the forthcoming years. However, the main concern of the manufacturers of hybrid cars is to bring passenger vehicles under the ambit of hybrid cars. Hence, there is immense scope for growth within the global market for hybrid cars in the years to come. Moreover, the presence of an ever-improving automotive sector in key regional pockets shall also drive market demand.

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The review is based on TMR’s report titled, “Hybrid Cars Market (Type – Series, Parallel, Plug-in, and Series-Parallel; Energy Source – ICE Hybrid, Fuel Cell Hybrid, Solar Hybrid, and Natural Gas Hybrid; Vehicle Type – Passenger Cars and Commercial Cars) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.

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Automotive Leaky Oil Seal Market Likely to Emerge over a Period of 2020 – 2030

Automotive leaky oil seals are utilized in automotive engines and geared motors, primarily to prevent oil leaks at the ends of rotating shafts and the intrusion of dust particles from outside

Key Drivers of Automotive Leaky Oil Seal Market

• Increasing average age of vehicles owing to growing technological advancements and rise in the average miles driven per vehicle are key factors that are projected to drive the automotive leaky oil seal market during the forecast period. Moreover, growing awareness about road safety among people is likely to boost the average repair & maintenance spending by an individual, which is projected to propel the market. Furthermore, an increase in sales of used cars across several regions is estimated to further augment the global automotive leaky oil seal market during the forecast period.

Restrains in Automotive Leaky Oil Seal Market

• Electric vehicles are replacing vehicles that run on conventional fuels such as diesel and gasoline. This trend is anticipated to act as a major hurdle to the leaky oil seal market. Several government organizations and regulatory authorities around the globe have enacted stringent vehicle regulations and standards pertaining to diesel operated vehicles. This, in turn, has prompted automakers around the globe to announce plans to phase out the production of diesel engine vehicles. This move is likely to restraint the leaky oil seal market.

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• The COVID-19 pandemic has affected national as well as international automotive supply chains, manufacturing and R&D operations and consequently, hampered the automotive industry. Post first wave of COVID-19, global economies have started opening up automotive manufacturing and supply chain operations, thus the COVID impact on the industry have seems to reached a state of normalcy; however, a resurgence in COVID-19 cases in countries across Europe has prompted governments to impose a second round of lockdown restrictions and hence, the uncertainty in the automotive industry continues. A gradual recovery in the demand for automotive and ancillaries is anticipated in the next few months despite concerns around the risk of a second wave of infection in numerous countries.

Opportunities in Automotive Leaky Oil Seal Market

• Growing oil leaks and vehicle recall activity by major automakers is likely to provide significant opportunity for the automotive oil seal market. For instance, in December 2020, Mercedes Benz recalled more than 660,000 vehicles in China for a possible oil leak between high-pressure fuel pump and a low-pressure fuel pipe weakening over time, thus allowing oil to leak when the engine starts in cold weather. Likewise, in November 2020, General Motors issued a recall for about 1.4 million vehicles due to a faulty valve cover gasket that can leak and cause vehicle fires. This is reportedly the third time GM has issued the same recall within seven years, as the remedies carried out during the first two recalls have not worked.

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Asia Pacific Region Dominate Automotive Leaky Oil Seal Market

• Asia Pacific to dominate the global automotive leaky oil seal market, owing the high number of automotive oil leak recalls occurring in the region, especially in China, which makes Asia Pacific a dominant region of the global leaky oil seal market. Furthermore, secondhand car sales have been increasing in the region, especially in rapidly developing economies owing to the involvement of leading car domestic and international car companies. The secondhand car industry in China expanded in terms of volume from only 3.34 million units in 2009 to 14.92 million units in 2019, owing to regulation and professionalization. These favorable developments in the region are estimated to make Asia Pacific a major market for automotive leaky oil seal during the forecast period.

Key Players Operating in Automotive Leaky Oil Seal Market

The global automotive leaky oil seal market is fragmented with many players. A few of the key players operating in the global automotive leaky oil seal market are:

• NOK Corporation
• The Timken Company
• Leak Pack
• SKF
• JTEKT Corporation
• NS Bearings

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