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Voltage Regulators Market Report by Topology (Electro-mechanical Voltage Regulation, Electronic Tap-Switching Voltage Regulation, Ferro-resonant Voltage Regulation), Type (Linear Voltage Regulator, Switching Voltage Regulator), End Use Industry (Electronics, Power Transmission and Distribution, Automotive, Industrial Automation, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2740
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Market Overview:
The global voltage regulators market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
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2024-2032
|
|
Historical Years
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2018-2023
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|
Market Size in 2023
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US$ 2.9 Billion |
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Market Forecast in 2032
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US$ 4.4 Billion |
| Market Growth Rate (2024-2032) | 4.4% |
A voltage regulator is an integrated circuit (IC) that provides a constant fixed output voltage despite changing the load or input voltage. They maintain the voltages from a power supply within a range compatible with the other electrical components. They can be used together to power sensors, operational amplifiers (op-amps), and other electronic modules that need both voltages. They assist in displaying protective functions, such as overvoltage protection, short circuit protection, thermal shutdown, and current limiting. As a result, they find extensive applications in the automotive, electronics, automation, and power industries.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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There is an increase in the demand for smart electronic products, such as laptops, coffee makers, grillers, toasters, and computers, on account of rapid urbanization and expanding purchasing power of the consumer. This, in confluence with the thriving electronics industry, represents one of the major factors bolstering the market growth. In addition, the rising usage of electricity in residential, commercial, and industrial spaces is catalyzing the demand for voltage regulators worldwide. It can also be attributed to the growing installation of heating, ventilation, and air conditioning (HVAC) systems. Moreover, governing agencies of several countries are investing in the development of smart cities, which, in turn, is strengthening the market growth. Apart from this, voltage regulators are used in the major components of passenger and commercial vehicles. This, along with the increasing focus on improving passenger and driver safety, is positively influencing the market. Furthermore, the integration of electronic voltage regulators that can help provide a stable voltage source and contain additional circuits for protection from short circuits, thermal shutdowns, and overvoltage is anticipated to create a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global voltage regulators market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on 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:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- 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:
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- 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
The Asia Pacific holds the majority of the global voltage regulators market share due to the surging consumption of electricity in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are ABB Ltd, Analog Devices, Inc., Eaton Corporation plc, The General Electric Company, Howard Industries, Infineon Technologies AG, J. Schneider Elektrotechnik GmbH, NXP Semiconductors N.V., Schweitzer Engineering Laboratories, Inc., Siemens Aktiengesellschaft, STMicroelectronics SA, Texas Instruments Inc., and Toshiba Corporation.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Topology, Type, End Use Industry, 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 | 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 |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| 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) |
We expect the global voltage regulators market to exhibit a CAGR of 4.4% during 2024-2032.
Rapid industrialization along with the increasing demand for electricity generation and transmission infrastructures represent some of the factors catalyzing the global voltage regulators market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units of voltage regulators.
Based on the topology, the global voltage regulators market can be bifurcated into electro-mechanical voltage regulation, electronic tap-switching voltage regulation, and ferro-resonant voltage regulation.
Based on the type, the global voltage regulators market has been divided into linear voltage regulator and switching voltage regulator.
Based on the end use industry, the global voltage regulators market can be segmented into electronics, power transmission and distribution, automotive, industrial automation, and others.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global voltage regulators market include 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.
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