The global DC power supplies market size reached USD 450.7 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 623.2 Million by 2033, exhibiting a growth rate (CAGR) of 3.48% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 450.7 Million |
Market Forecast in 2033
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USD 623.2 Million |
Market Growth Rate 2025-2033 | 3.48% |
Direct current (DC) power supplies refer to an embedded circuit that provides constant and stabilized power supply to electronic modules. They are commonly available in two forms, namely switching and linear power supplies. The switching variants are compact and light-weight, offer higher power efficiency and can be efficiently used for devices with low, medium and high power output. The linear variants use large transformers to drop the voltage to alternating current (AC) and then convert it into DC voltage. DC power supplies offer various benefits, such as repeatable power on and off with minimal input related problems and higher accuracy in readbacks, thereby eliminating the need for external meters, shunts, relays and switching calibration.
The increasing demand for energy-efficient power supplies for consumer electronics, along with the emerging trend of industrial automation across the globe, represents one of the key factors driving the growth of the market. Furthermore, the widespread adoption of wireless communication systems across industries, such as aerospace, defense and telecommunications, is also driving the market growth. Electronic systems in industrial units require precise voltage supply that is stabilized over fluctuations, thereby enhancing the requirement for DC power supplies. They are also used to test automobile batteries, fuel cells, charging stations, on-board chargers and digital interfaces. Additionally, various technological advancements, such as the integration of electronic devices with the Internet of Things (IoT), are acting as other growth-inducing factors. Various devices, such as laptops, smartphones and tablets, depend on DC power supplies for maintaining a constant supply of voltage, which, therefore, is facilitating their demand. Other factors, including the development of programmable DC power supplies, along with significant improvements in the information technology (IT) infrastructure, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global DC power supplies market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product type, output power and application.
Breakup by Product Type:
Breakup by Output Power:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Acopian Technical Company, Ametek Inc., B&K Precision Corporation, Chroma ATE Inc., Good Will Instrument Co. Ltd., Keysight Technologies Inc., Magna-Power Electronics Inc., MEAN WELL Enterprises Co. Ltd., Rohde & Schwarz GmbH & Co KG, TDK Corporation and Tektronix Inc. (Fortive Corporation).
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Product Type, Output Power, Application, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Acopian Technical Company, Ametek Inc., B&K Precision Corporation, Chroma ATE Inc., Good Will Instrument Co. Ltd., Keysight Technologies Inc., Magna-Power Electronics Inc., MEAN WELL Enterprises Co. Ltd., Rohde & Schwarz GmbH & Co KG, TDK Corporation and Tektronix Inc. (Fortive Corporation) |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global DC power supplies market was valued at USD 450.7 Million in 2024.
We expect the global DC power supplies market to exhibit a CAGR of 3.48% during 2025-2033.
The emerging trend of industrial automation, along with the increasing demand for energy-efficient DC power supplies, as they aid in eliminating the need for external meters, shunts, relays, etc., is primarily driving the global DC power supplies market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for DC power supplies.
Based on the product type, the global DC power supplies market can be categorized into AC-DC and DC-DC. Currently, DC-DC accounts for the majority of the global market share.
Based on the output power, the global DC power supplies market has been segregated into low output (less than 10 kW), medium output (10–100 kW), and high output (above 100 kW). Among these, high output (above 100 kW) currently exhibits a clear dominance in the market.
Based on the application, the global DC power supplies market can be bifurcated into military, aerospace and defense, automotive, energy, telecommunication, healthcare, consumer electronics, and others. Currently, the automotive industry holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global DC power supplies market include Acopian Technical Company, Ametek Inc., B&K Precision Corporation, Chroma ATE Inc., Good Will Instrument Co. Ltd., Keysight Technologies Inc., Magna-Power Electronics Inc., MEAN WELL Enterprises Co. Ltd., Rohde & Schwarz GmbH & Co KG, TDK Corporation, and Tektronix Inc. (Fortive Corporation).