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US Industrial Power Supply Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Datum Tech Solutions Hans Turck GmbH & Co. KG Hokuyo Automatic Co. Ltd

08-24-2024 09:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

US Industrial Power Supply Market

US Industrial Power Supply Market

The US industrial power supply market is estimated to grow at a CAGR of 5.2% during the forecast period. The major factors encouraging the market growth include the growing manufacturing sector and increasing aerospace and defense sector in the country. As per the National Association of Manufacturers (NAM), in the US, manufacturers represent 11.4% of the total output in the economy, using 8.51% of the workforce. In 2018, the total output generation from the manufacturing sector was $2,334.6 billion. Industrial automation is gaining significance coupled with the increasing focus on boosting manufacturing capabilities.

Get Free Sample link @ https://www.omrglobal.com/request-sample/us-industrial-power-supply-market

The market is segmented based on material and vertical. Based on product type, the market is classified into AC-DC converter, DC-DC converter, and DC-AC inverter. Based on vertical, the market is classified into food and beverage, energy and utilities, telecom & IT, transportation, consumer electronics, aerospace and defense, healthcare, and others. The growing telecom and IT sector are one of the major factors accelerating market growth. The significant presence of major telecom & IT firms such as IBM Corp., Microsoft Corp., and Oracle Corp. are supporting to drive the market growth. This leads to an increasing demand for DC-DC converter modules that meets the emerging power needs of telecommunications infrastructure equipment and high-reliability networking.

full report of US Industrial Power Supply Market available @ https://www.omrglobal.com/industry-reports/us-industrial-power-supply-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

US 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

The Report Covers
• Comprehensive research methodology of the US industrial power supply market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US industrial power supply market.
• Insights about market determinants that are stimulating the US industrial power supply market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-industrial-power-supply-market

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.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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