DC Power Module Market is expected to be valued at US$700 Million from 2022 to 2032

DC Power Module Market

DC Power Module Market 2022 Development Status, Competitive Analysis, Type and Application 2032

NEWARK, NEW JERSEY, UNITED STATES OF AMERICA, June 17, 2022 /EINPresswire.com/ — Global demand for DC power modules is expected to be valued at US$457 million in 2022, growing at a CAGR of 4. 35% to US$700 million between 2022 and 2032. Growing demand for renovation and development projects in residential and commercial construction is driving growth.

DC power modules are compact isolated converters that generate constant switching voltage. DC power modules are generally self-contained components that require no additional external circuitry. DC power modules offer plug-and-play functionality that simplifies and accelerates product development.

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DC Power Module: Introduction

DC power modules are compact isolated converters that provide a switching constant voltage generator. Usually, DC power modules act as stand-alone components and do not require additional external circuitry. DC power modules feature plug-and-play functionality that simplifies and speeds product development. DC power modules find applications in areas where compact and small form factor power components are required. However, DC power supply modules are mainly integrated for industrial control, in measurement applications and in industrial devices. Manufacturers offer DC power modules with a wide range of input voltage specifications.

Significant changes in market dynamics

The report has been created after detailed and comprehensive studies by IMF analysts considering several factors such as monetary, ecological, social, mechanical, and political status of a particular demographic. They study key data to assess the revenue and production of manufacturers in different regions. The report also covers an in-depth analysis of major changes in market dynamics in the recent past and near future.

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Market competition

Some of the major players present in the global DC power module market demand include Franklin Electric Co., Asmo Co. Ltd., Ametek Inc., Sony Corporation, Bayer AG, Whirlpool Corporation, Toyota, Accurate Electric Motor & Pump Co . ., American Crane & Equipment Corp., Bruce Electric Equipment Corp., Tesla Motors, Hansen Motors, ATS Automation Tooling Systems, Inc., and other DC power module manufacturers, among others

In January 2022, Franklin Electric Co., Inc. today announced that its wholly-owned subsidiary Headwater Companies, LLC acquired Blake Group Holdings, Inc., a Connecticut company, for $27.1 million in cash. Blake is a professional groundwater distributor operating in fourteen locations throughout the Northeastern United States. Blake has approximately $74 million in consolidated annual sales.

Key segments featured in the DC Power Modules industry survey

DC Power Module Market by Application:

DC Power Modules for HVAC Equipment
DC Power Modules for Aerospace and Transportation
DC power supply modules for home appliances
DC power supply modules for industrial machinery
Automotive DC Power Modules
DC power modules for other applications

DC Power Modules Market by Region:

North America DC Power Module Market
Latin America DC Power Module Market
DC power module market in Western Europe
Eastern Europe DC Power Module Market
SEA and Others from APAC DC Power Module Market
China DC Power Module Market
Japan DC Power Module Market
Middle East and Africa DC Power Module Market

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