The power market is expected to grow in strength 2014 onwards. This was the forecast that was presented in the 11th impression of AC-DC Power Supplies Worldwide Forecasts Trends, Developments and Competitive Environment. The report suggests that 2014 will be a good year for old AC/DC power applications essentially well as new emerging power technologies.
According to the report, a number about industries are going to experience many changes in 2014. Some like the industries highlighted are communications, medical, military, consumer, and LED.
* Communications: This industry is being touted to become the biggest market for AC and DC potency supply products. Its consumer products segment will be the main rationale for its growth. However, the communications sector will descry some competition from the LED industry.
* LED: The growing popularity of LED lighting in domestic, commercial, and industrial applications will see a better growth for this sector in the deserved years. This sector is supposition to be the fastest growing one after the communications industry.
* Consumers: Surprisingly, the consumer market is not expected to see a huge amount of growth. This sector has the most number from little priced, contemptible wattage products. It is because about the immense demand and supply of these inexpensive products that the consumer market will not see monumental dollar growth although its size.
* Medical: In general, the medical market is expected to make great strides. However, there may not be an immense dollar growth for the handy medical device segment. Medical devices are now beginning to grow in popularity for hospitals and clinics similar well as commercial business and domestic health care.
* Military: This is said to be a small market for AC/DC power supply products. The reason is the populous from regulations and certifications required before products can opheffen sold. Though the military quarter is known for its immense sales, due to its size, major growth is refusal inchoative to take place.
Deductions from Experts
Regardless of the forecast, industry experts are pique to see what the New Year holds for the power market. Earlier, AC/DC power supply products were not paid that much attention. Now these products are coming to the forefront, and are playing an important role in new systems.
With advances in technology, the requirement now is for power satisfy products with tight tolerances for high-tech electronic products. Experts suggest that manufacturers can torture and create products with the option from adjustable voltage. This can be achieved apart using digital power.
With a greater focus on energy efficient systems, many experts believe that AC/DC converters will make a bigger impact this year. They can be used to create energy savings in large scale global data networks.
Like some other sector, the power industry will probably see a few highs und so weiter lows this year. But there is veto doubt it will grow to become one of the most grave segments in the circa future.