According to the latest report by IMARC Group, titled “Voltage Regulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The global voltage regulators market exhibited moderate growth during 2015-2020 and expects the market to grow at a CAGR of around 5% during 2021-2026.
A voltage regulator is a mechanical device designed to provide fixed and constant output despite fluctuating load or input voltage. Some of the commonly used voltage regulators include linear and switching regulators. These regulators offer numerous benefits, such as low output ripple voltage, faster response time to load or change lines, minimal magnetic interference and noise, etc. As a result, they are extensively adopted to manufacture computers, alternators, power generators and alternate or direct (AC/DC) regulators.
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:
Rapid industrialization, coupled with rising electricity demand from the residential and commercial sectors, is augmenting the market for voltage regulators. In addition to this, the increasing adoption of voltage regulators in smart electronic devices and electric vehicles is also driving the product demand. Additionally, several technological advancements have led to the development of innovative product variants for preventing ripple voltages, short circuits, thermal shutdowns and overvoltage, etc., thereby further propelling the market growth. Other factors, such as the introduction of numerous favorable government policies for voltage regulation, and the continuous upgradation of existing transmission and distribution networks, are further expected to drive the market for voltage regulators in the coming years.
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Global Voltage Regulators Market 2021-2026 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 of 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
- Breakup by Connection Type
- Switching Voltage Regulator
- Breakup by Product Type
- Step-Down (Buck)
- Step-Up (Boost)
- Step-Down/Step-Up (Buck-Boost)
- Inverting
- Breakup by Product Type
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
Explore Full Report with TOC & List of Figure: https://bit.ly/3dYLIf6
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