Power Supply Market: Dynamics

Power supply can be defined as the provision of electrical power to an electrical load through an electrical device. The primary function of apower supplyis the conversion of an electrical source to the appropriate current, voltage, and frequency to power the load that is required.

A wide range of AC-DC and DC-DC power supplies can have an output voltage varying from less than 1 V to thousands of volts and output power ranging from 0.1 W to thousands of watts. Some power supplies are separate standalone pieces of equipment, while others are integrated into the load devices that they power. AC-DC and DC-DC power supply applications from verticals such as lighting, industrial, consumer electronics, and medical are driving the market by integrating it in various devices.

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