With 5% CAGR, Voltage Regulators Market to Hit US$ 3.6 Billion by 2027

According to the latest report by IMARC Group, titled "Voltage Regulators Market Share :Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027" The global voltage regulators market size reached a value of US$ 2.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a CAGR of 5% during 2022-2027

A voltage regulator is an integrated circuit (IC) that creates and maintains a fixed and constant output voltage irrespective of fluctuating load or input voltage. It takes in higher input voltage and emits lower, more stable output voltage, which helps protect the circuit against voltage spikes. It consequently finds applications in power generators, alternators, computers, and alternate or direct (AC/DC) regulators.

Report Metric

Historical: 2016-2021

Base Year: 2022

Forecast Year: 2022-2027

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Voltage Regulators Market Trends:

The global voltage regulators market is majorly being driven by rapid industrialization, especially in developing countries, along with the increasing need for uninterrupted, reliable power and electricity supply across various commercial and residential sectors. This is further supported by the increasing sales of consumer electronics and smart automobiles across the globe, wherein voltage regulators are incorporated as a key mechanical device that offers steady voltage and eliminates frequency deviations. In line with this, ongoing technological advancements, such as the introduction of electronic voltage regulators thatreducesthe risk of short circuits, overvoltage, and thermal shutdownsis acting as another growth-inducing factor.

Additionally, the escalating installations of transmission systems from high voltage alternating current (HVAC) to high voltage direct current (HVDC) is contributing to the market growth. Apart from this, the implementation of favorable initiatives being undertaken by governments of various countries have impelled key players to launch upgraded energy transmission and distribution (T&D) networks, such as smart grids, to mitigate the imbalance of demand and supply of energy. This, in turn, is creating a positive outlook for the market.On account of the aforementioned factors, the market is anticipated to reach a value of US$ 3.6 Billion by 2027, growing at a CAGR of 5% during 2022-2027.

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Global Voltage Regulators Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

ABB Ltd., Analog Devices Inc., Eaton Corporation Inc., General Electric Company, Howard Industries Inc., Infineon Technologies AG, J. Schneider Elektrotechnik GmbH, NXP Semiconductors NV, Schweitzer Engineering Laboratories Inc., Siemens AG, STMicroelectronics SA, Texas Instruments Incorporated and Toshiba Corporation.

The report has segmented the market on the basis on region, topology, type and end use industry

Breakup by Topology:

Electro-mechanical Voltage Regulation
Electronic Tap-Switching Voltage Regulation
Ferro-resonant Voltage Regulation

Breakup by Type:

Linear Voltage Regulator
Breakup by Connection Type
Series
Shunt

Breakup by Product Type

Low Drop Out (LDO)
Standard
Switching Voltage Regulator
Breakup by Product Type
Step-Down (Buck)
Step-Up (Boost)
Step-Down/Step-Up (Buck-Boost)
Inverting

Breakup by Product

TypeLow Drop Out (LDO)
Standard
Switching Voltage RegulatorBreakup by Product TypeStep-Down (Buck)
Step-Up (Boost)
Step-Down/Step-Up (Buck-Boost)
Inverting

Breakup by End-Use Industry:

Electronics
Power Transmission and Distribution
Automotive
Industrial Automation
Others

Breakup by Region:

North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico,Others)
Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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