PWM Switching Regulators Market Report
PWM Switching Regulators Market Trends, Dynamics & Market Insights See less
PWM Switching Regulators Market Trends, Dynamics & Market Insights
PWM Switching Regulators Market, By Type (Isolated, Non-Isolated), By Application (Household, Commercial), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global PWM Switching Regulators market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The PWM Switching Regulators Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of xx% during the forecast period.
In a PWM switching regulator, the input voltage is fed back to a PWM controller which varies the length of time, the power switch is on (duty cycle) to keep the output voltage constant. PWM is also used, inefficient voltage regulators.
Key players operating in the PWM switching regulators market are-
PWM switching regulators are primarily used in power distribution, which plays a key role in maintaining reliable power supply voltages across distribution lines irrespective of the fluctuating line and load conditions, which is a key factor augmenting the market growth. The market is largely driven by rising power demand, the growing need to offer a reliable power supply with high efficiency, and expanding power distribution networks, which further boost the industry growth in the coming years.
Based on application, the PWM Switching Regulators market is categorized into household and commercial. The household segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. Rapid industrialization, mainly in developing countries, and the growing demand for power & electricity from the residential sectors spur the market growth. Furthermore, the growing demand for consumer electronics and automobiles that use PWM switching regulators in smart electronic devices further bolsters the segment growth.
By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, an increase in replacement and upgrading of aging power distribution networks further proliferates regional market growth.
The COVID-19 outbreak has moderately affected the PWM switching regulators industry. This is mainly due to soaring coronavirus cases, implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. Owing to the worsening pandemic situation, the market dynamics have changed to a great extent. The nations’ lockdown and other government restrictions are affecting the economies over the globe.
Here is the list of the group of customers that the PWM switching regulators market hopes to have the greatest opportunity to convert-
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Texas Instruments (US), Siliconix (US), Microchip Technology (US), Analog Devices (US), STMicroelectronic (Switzerland), ON Semiconductor (US), Maxim (US), Panasonic (Japan), EXAR (US), and Sanken Electric (Japan) are among the key players in the PWM switching regulators market.
PWM switching regulators vendors, PWM switching regulators retailers, Semiconductor companies, Consumer electronic companies are the target audience in the PWM switching regulators market.
Rising power demand, the growing need to offer a reliable power supply with high efficiency, and expanding power distribution networks are the factors driving the growth of PWM switching regulators market.
The household segment is expected to register the healthy CAGR in the PWM switching regulators market in the coming years.
Asia-pacific is expected to grow at the highest CAGR the PWM switching regulators market during the next five years.