Global Industrial Switch Mode Power Supply (SMPS) Market Growth 2025-2031

The global Industrial Switch Mode Power Supply (SMPS) market size is predicted to grow from US$ 26420 million in 2025 to US$ 34740 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

A switch-mode power supply, also known as a switching power supply or SMPS, is a non-linear type of electrical supply. It is much smaller and more compact than linear power supplies for a given output.

Switch-mode power supplies are used in device and machinery power-supply subsystems. Their compactness has led to decreased device size. However, they generate unwanted electrical noise, making them unsuitable for certain applications. They can be found in most electronic equipment (computers, monitors, measuring devices, etc.).

LP Information, Inc. (LPI) ' newest research report, the “Industrial Switch Mode Power Supply (SMPS) Industry Forecast” looks at past sales and reviews total world Industrial Switch Mode Power Supply (SMPS) sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Switch Mode Power Supply (SMPS) sales for 2025 through 2031. With Industrial Switch Mode Power Supply (SMPS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Switch Mode Power Supply (SMPS) industry.

This Insight Report provides a comprehensive analysis of the global Industrial Switch Mode Power Supply (SMPS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Switch Mode Power Supply (SMPS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Switch Mode Power Supply (SMPS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Switch Mode Power Supply (SMPS) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Switch Mode Power Supply (SMPS).

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Switch Mode Power Supply (SMPS) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single-Phase
Two-Phase
Three-Phase

Segmentation by Application:
IT
Industry
Power & Energy
Oil & Gas
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DELTA
Lite-On Technology
MEAN WELL
Chicony Power
Siemens
AcBel Polytech
Schneider
ABB
Omron
Puls
PHOENIX
TDK-Lambda
Cosel
MOSO
4NIC
Weidmuller

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Switch Mode Power Supply (SMPS) market?

What factors are driving Industrial Switch Mode Power Supply (SMPS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Switch Mode Power Supply (SMPS) market opportunities vary by end market size?

How does Industrial Switch Mode Power Supply (SMPS) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.