United States Industrial Power Supply Market is expected to reach US$ 17.7 billion by 2030 | Top key players - ABB Group, Siemens AG, Emerson Electric Co.

Market Size and Forecast:

The Global Industrial Power Supply Market size reached US$ 11.1 billion in 2022 and is expected to reach US$ 17.7 billion by 2030, growing with a CAGR of 6.1% during the forecast period 2024-2031. Market is growing due to increasing industrial automation and rising demand for reliable and efficient power solutions across manufacturing and energy sectors.

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The Industrial Power Supply Market encompasses devices and systems that provide reliable electrical power to industrial equipment, machinery, and automation processes. It includes AC-DC and DC-DC power supplies, uninterruptible power supplies (UPS), and converters, ensuring stable voltage, efficiency, and protection. Market growth is driven by industrial automation, renewable energy integration, and increasing demand for energy-efficient solutions.

Industry Recent Developments:

United States:

✅ In October 2025, the U.S. industrial power supply market is expanding due to rising demand for reliable energy conversion systems in automation, semiconductor manufacturing, and industrial processing sectors. Growth in smart factory deployment and renewable energy integration is driving advanced power supply designs with energy efficiency and predictive maintenance features.

✅ In September 2025, U.S. infrastructure development projects in energy, transportation, and telecommunications are increasing demand for industrial power supplies to support these sectors, promoting adoption of advanced, energy-efficient solutions aligned with sustainability goals.

✅ In August 2025, technological advancements such as IoT integration and Industry 4.0 practices are fueling the growth of the industrial power supply market, with trends toward digitization, strategic partnerships, and product innovation focused on high performance and energy efficiency.

Japan:

✅ In October 2025, Japan continues to promote industrial automation and renewable energy integration, leading to demand for compact, energy-efficient industrial power supplies. This aligns with Japan's sustainability goals and expansion in smart manufacturing and semiconductor production.

✅ In September 2025, the power supply market in Japan is impacted by growing investments in smart grids, renewable energy systems, and electric vehicle infrastructure, enhancing the need for robust, high-capacity industrial power solutions in power generation and distribution.

✅ In August 2025, technological innovation in Japan's industrial power supply sector focuses on wide bandgap semiconductors (GaN, SiC) and digital controls, improving power density, energy efficiency, and precision for modern electronic and industrial applications.

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Major Key Players:

ABB Group
Siemens AG
Emerson Electric Co.
Schneider Electric
Delta Electronics
Mitsubishi Electric Corporation
Yaskawa Electric Corporation
Phoenix Contact
Eaton Corporation
TDK Lambda Corporation.

Key Growth Drivers:

Adoption of industry digitization and Internet of Things (IoT) technologies, which drive demand for reliable, connected power supply solutions in smart manufacturing and automation sectors.

Integration of renewable energy sources into industrial power systems, leading to the need for power supplies that can manage variable and sustainable energy inputs.

Transition to electric vehicles and related infrastructure, which increases demand for specialized industrial power supply subsystems such as AC/DC converters and battery management solutions.

Segments Covered in the Industrial Power Supply Market:

By Converter Type: AC - DC Converter, DC - DC Converter.

By Output Power: Up to 500 W, 500-1,000 W, 1,000 W-10 kW, 10-75 kW, 75-150 kW.

By Application: Aerospace, Chemical and Petrochemical Industry, Food and Beverage, Automotive, Oil and Gas, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Industrial Power Supply market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Industrial Power Supply Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Industrial Power Supply market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Industrial Power Supply Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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