Press release
Asia-Pacific Industrial Power Supply Market 2023 Driving Factors Forecast Research 2029
Asia-Pacific industrial power supply market is estimated to grow at a CAGR of 6.8% during the forecast period. Rising military spending is one of the major factors accelerating market growth. As per the Stockholm International Peace Research Institute (SIPRI), in 2019, China and India held the second-and third-largest position regarding military spending across the globe. In 2019, military spending in China reached $261 billion, which represents a 5.1% rise over 2018, while military spending in India increased by 6.8% to $71.1 billion. Political tensions and rivalry of India with both Pakistan and China are some drivers for its enhanced military spending.To Request a Sample of our Report on Asia-Pacific Industrial Power Supply Market: https://www.omrglobal.com/request-sample/asia-pacific-industrial-power-supply-market
Scope of the Asia-Pacific Industrial Power Supply Market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Product Type and Vertical
Countries Covered- China, India, Japan, and Rest of Asia-Pacific
Competitive Landscape- ABB Ltd., TDK Corp., Siemens AG, XP Power, Delta Electronics, Inc., and COSEL Co., Ltd.
Recent Strategic Initiatives in the Asia-Pacific Industrial Power Supply Market
In January 2019, TDK Corp. declared that TDK's wholly-owned subsidiary TDK-Lambda Corp. acquired Nextys SA, which will operate as a wholly-owned subsidiary of TDK-Lambda. Nextys is engaged in the designing and production of a broad portfolio of DIN rail power supplies and accessories. These power supplies and accessories complement the product portfolio of TDK-Lambda. With the acquisition, TDK-Lambda will reinforce its position in the marketplace in the field of DIN rail power supply business.
In June 2018, Cosel Co, Ltd. acquired the Powerbox Group. Powerbox Group has design centers in Germany, Sweden (HQ), and the Netherlands as well as offices all over Europe, the US, Australia, and China. Powerbox is engaged in the design & manufacturing of power supplies for different sectors such as transportation, industrial, medical, and defense.
A full Report of Asia-Pacific Industrial Power Supply Market is Available @ https://www.omrglobal.com/industry-reports/asia-pacific-industrial-power-supply-market
Asia-Pacific Industrial Power Supply Market-Segmentation
By Product Type
AC-DC Converter
DC-DC Converter
DC-AC Inverter
By Vertical
Food and Beverage
Energy and Utilities
Telecom & IT
Transportation
Consumer Electronics
Aerospace and Defense
Healthcare
Others
Asia-Pacific Industrial Power Supply Market- Segment by Country
China
India
Japan
Rest of Asia-Pacific
Company Profiles
ABB Ltd.
Amara Raja Power Systems Ltd.
COSEL Co., Ltd.
Delta Electronics, Inc.
Good Will Instrument Co., Ltd.
MEAN WELL Enterprises Co., Ltd.
Micro Power Electronics (HK)Co.,Ltd.
Siemens AG
TDK Corp.
XP Power
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-industrial-power-supply-market
https://www.somosxbox.com.mx/noticias-urgente/el-mercado-de-cubiertas-moviles-sera-testigo-de-un-crecimiento-asombroso-para-2029/120862/
https://perualdia.net/tasa-de-crecimiento-lento-del-mercado-de-cocinas-modulares-previsto-para-2023-2030/
https://ekz-crosstour.ch/news/der-markt-fuer-insektenschutzmittel-wird-bis-2023-2029-ein-starkes-wachstum-verzeichnen/129165/
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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