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Voltage Regulator Market Size, Share & Trends Estimation Reports By Type Outlook (Linear Voltage Regulator, Switching Voltage Regulation), By Application Outlook (Electronics, Power Transmission and Distribution, Automotive, Industrial Automation, Others), By Region and Forecasts, 2022-2030.
The Global Voltage Regulators Market Reached A Value Of US$ 2.65 Billion In 2022, It Is Expected To Reach US$ 3.6 Billion By 2030, Exhibiting A CAGR Of 5.0% During 2022-2030.
Voltage Regulator Market Overview:
A voltage regulator is a device that maintains the desired voltage level in an electrical circuit. Voltage regulators are used to maintaining the correct voltage for devices such as lamps, motors, and electronic equipment. Voltage regulators can also be used to reduce or stabilize power fluctuations.
A voltage regulator is an electronic device used to maintain a fixed, constant level of voltage. The device runs automatically and regulates the amount of voltage according to the user's requirements. The voltage regulator corrects for the fluctuations created in the output produced through a support mechanism. There are mainly two types of voltage regulators including linear voltage regulators and switching voltage regulators. These devices are used in most electronic equipment and devices to ensure consistency of voltage levels and are therefore used in several end-user industries including electronics, automotive, power distribution, etc.
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.
The voltage regulator devices have a simple feed forward design which forwards the input voltage towards output tunnel and supports a mechanism of negative feedback control loops through which the fluctuations in the generated output and the desired output are corrected. Voltage regulator devices are very compact and they are used in systems with low power and low voltage.
Major Segments Covered in Voltage Regulator Market Research:
Market Key Players:
- Texas Instruments
- Cypress Semiconductor
- STMicroelectronics
- Analog Devices
- RICOH Electronics
- Infineon Technologies
- Microchip
- ROHM Semiconductor
- Eaton
- Maxim Integrated
- Intersil
- Vishay Semiconductor
- ON Semiconductor
- Diodes
- Torex Semiconductor
- Vicor
- Toshiba
- Semtech
- Others
Key Vendors:
1. Texas Instruments: It has been making progress possible for decades. We are a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips.Efficiently manage power, accurately sense and transmit data and provide the core control or processing in their designs, going into markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems.
2. STMicroelectronics:It is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST’s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices. By getting more from technology to get more from life, ST stands for life.augmented.
3.Analog Devices: It is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world.
4.RICOH Electronics: Ricoh is a truly global company. It fosters genuine partnerships with its customers through exceptional standards of service. With Ricoh's innovation in technology and services, it enables our customers to be freed by streamlined processes and take a step towards knowledge creation. Ricoh is always thinking ahead. It is providing solutions to meet the needs of various industries and markets, and breathing new life into established forms of knowledge sharing. Ricoh is defined by five business domains: Digital Services, Digital Products, Graphic Communications, Industrial Media Solutions (IMS), and Other.
5.Infineon Technologies: Developed with passion and manufactured with precision, every single product proves our will to succeed. This is what makes us a reliable partner and helps our customers to become even more successful. By accepting responsibility for society, Infineon combines entrepreneurial success with responsible behavior.
By Type:
- Linear Voltage Regulator
- Switching Voltage Regulation
By Technology:
- Electro-mechanical Voltage Regulation
- Electronic Tap-Switching Voltage Regulation
- Ferro-resonant Voltage Regulation
By Application:
- Electronics
- Power Transmission and Distribution
- Automotive
- Industrial Automation
- Others
By Region:
Asia Pacific is projected to be the fastest growing region from 2022 to 2030. Growth in this region will be driven by China and India due to rapid industrialization coupled with rising demand for electronic devices such as smartphones and laptops. A growing manufacturing sector in these countries will further drive the market. Europe is expected to witness steady growth over the forecast period, owing to increasing demand for products from key industries including electronics and automotive across Germany, France, Italy and the United Kingdom.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Drivers and Restraints
The factors driving the market of voltage regulator devices are their benefits offered like the ease of use, compact size, low cost and lesser noise. Also with the advancement of technology, the applications of voltage regulators are increasing greatly in fields like communication technology, consumer electronics, and automobiles that have automated systems. With this, the demand of voltage regulator is increasing thereby growing the market demand of the devices substantially in the market.
The factors restraining the growth of voltage regulators are its low speed of producing output voltage when considering mechanical voltage regulators. Also, the components of voltage regulators require a regular maintenance and replacements which make them tedious to use. In case of electronic voltage regulators, higher cost of devices and poor current overload capacity are major factors restraining the growth of voltage regulator market.
Scope of Report :
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | US$ 3.6 Billion |
Growth Rate | CAGR of 5.0% from 2023 to 2030 |
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