Global DIN Rail Power Supply Market Research Report 2020

The DIN rail power supply is based upon a series of standards created by Deutsches Institut fur Normung (DIN), which is a national standards organization in Germany. These power supplies are alternating current (AC) to direct current (DC) transformers in a variety of ranges. The end-user can obtain the required DC output power by using the various settings available in the power supply. These power supply units are easy to install and require less or no maintenance. With above said advantages of DIN rail power supplies, the downtime is kept at a minimum level without compromising the efficiency or the productivity of the plant. The DIN rail power supplies are mainly used in industry automation and control, light industrial, instrumentation, process control etc. It has started playing the role of an indispensable part in terms of power supply quality and reliability.
As to the market volume, it is estimated that the global sales volume of DIN rail power supply was about 8.6 Million Units in 2017.

Currently, Europe was the largest market of DIN rail power supply, with about 31% share of global total demand volume and about 40% revenue share. Germany is the largest market of DIN rail power supply in Europe.

The DIN rail power supply is mainly used in IT, industry, renewable energy, oil & gas, semiconductor, medical. The application market share of industry is more than 60%.

Currently, a major challenge affecting the market growth is the high price of DIN rail power supplies. As large demand of power supply products at home and abroad, many companies began to enter the field. The competition is very fierce.

The DIN rail power supply units are very easy to use and more importantly easy to replace when some problem does occur. Thus the downtime of productivity is greatly reduced. Despite the presence of competition problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.

Market Analysis and Insights: Global DIN Rail Power Supply Market
The global DIN Rail Power Supply market is valued at 775.5 million US$ in 2020 is expected to reach 969.2 million US$ by the end of 2026, growing at a CAGR of 3.2% during 2021-2026.
Global DIN Rail Power Supply Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Single-Phase
Two-Phase
Three-Phase

Segment by Application
IT
Industry
Power & Energy
Oil & Gas
Others

Global DIN Rail Power Supply Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the DIN Rail Power Supply market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global DIN Rail Power Supply Market:

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include PULS, Siemens, Phoenix Contact, Weidmuller, Mean Well, ABB, TDK-Lambda, Schneider Electric, OMRON, IDEC, Murr, Allen-Bradley, Bel Power Solutions, SolaHD, TRACO Power, Reign Power, Astrodyne TDI, XP Power, Mibbo, Heng Fu, etc.