AC And DC Controllers Market 2024-2028
The ac and dc controllers market is forecasted to grow by USD 3197 mn during 2023-2028, accelerating at a CAGR of 6.5% during the forecast period. The report on the ac and dc controllers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing need for energy efficient systems, increased demand for power supplies in telecommunication sector, and increased investment in data centers.
Technavio's ac and dc controllers market is segmented as below:
- By Type
- AC controller
- DC controller
- By Application
- Automotive industry
- Aerospace and defense
- Consumer electronics
- Energy and utilities
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the rise in adoption of evs as one of the prime reasons driving the ac and dc controllers market growth during the next few years. Also, adoption of smart grids and power systems and government initiatives towards industrial automation will lead to sizable demand in the market.
The report on the ac and dc controllers market covers the following areas:
- AC and DC Controllers Market sizing
- AC and DC Controllers Market forecast
- AC and DC Controllers Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ac and dc controllers market vendors that include Antares Technology, Campbell Scientific Inc., Diodes Inc., Infineon Technologies AG, Microchip Technology Inc., Monolithic Power Systems Inc., Mornsun Guangzhou Science and Technology Co Ltd, NXP Semiconductors NV, ON Semiconductor Corp., RECOM Power GmbH, Renesas Electronics Corp., Richtek Technology Corp., Rockwell Automation Inc., ROHM Co. Ltd., Shenzhen Slkor Micro Semicon Co Ltd, STMicroelectronics International N.V., Texas Instruments Inc., and WINSEMI. Also, the ac and dc controllers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.