Surge in demand for efficient power base in industries including computers, communication, growing smart grid, healthcare and energy management is anticipated to escalate Digital Power Supply Market demand. Digital power management is expected to drive opportunities in Software-Defined Power Architectures (SPDAs), data centers and emerging 5G technology. SPDAs are forecasted to be updated by continuous advancements in digital power and also in A/D and D/A conversion sector. Rapid expansion and evolution of these technologies is expected to escalate the market over the forecast period.
Upsurge of advanced hardware, digital controllers, compatible communication technologies and intelligent inverters are expected to boost the operational as well as economic benefits associated with these products. The system includes integration of two-way communication, where the device on the network has sensors enabled to assemble data providing communication among devices. Advancements and developments made in the digital power management segment are anticipated to play a major role in 5G technology. Data centers are a potential sector, expected to drive substantial benefits with the adoption of digital power controls due to huge electricity consumption.
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The adoption of new designs and features require high power consumptions for new the technology, thereby employing digital technology can greatly help the 5G technology to consume low power which would result in smooth and efficient working. Ability to cater large power requirements and improved designs can help the service to reach out vast number of sectors. High power requirements for digitally managed external AC-DC supplies are also anticipated to drive the industry demand. Increased usage of power adapter provides flexibility to the manufacture in terms of providing supplies, which deals with issues including high & low power voltage and system shut off problems.
The technology proves beneficial as the power supply control can be managed including management of load during its operation. It exhibits distinct components; advances power density, decrease carbon footprints in culmination with faster time to market and maintain power density that enables optimizing the control levels. Flexibility of the power supplies can prove their benefits by providing adjustability which includes startup time and threshold management. Digital controller provides facility like load share, hot-swap mode, low power standby mode or green mode which automates the functioning of the system.
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These factors initiate control algorithms that enable the power supply to adapt to changing conditions. Point of differentiation provided by the controller is the implementation of security codes that protects from any unauthorized user within the controller. Digital power supplies is expected to make a sizeable impact on the market of dc-dc converter due to factors including management of power complexities, reduction in power in consumptions and improving efficiencies. Integration of the controls, DC-DC or POL (Point of load) regulator, monitoring the communications coupled with interface with the core system is an added advantage of incorporating digital power control.
Increasing demand for power supplies for media devices, LED devices and data centers is expected to fuel digital power supplies market growth. This technology also has its application in healthcare sector including medical monitoring equipment, surgical equipment, diagnostic equipment and home patient care equipments among others. Continuous innovation has led to the advancement in portable medical equipment. Due to the inflexible certification and regulatory systems market for these products is confined. With the rising number of mobile medical devices and home care patients the market is expected to grow over the forecast period.
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North America is anticipated to grow at healthy rate owing to growing demand for medical equipment, emergence of innovative power backups India at the same time is expected to witness an increase in demand for DC-DC and AC-DC power supplies due to large investments and demand for electric devices. Major players in the market include Texas Instruments, Maxim Integrated, Linear Technology, Intersil, Silicon Labs, Delta Electronics, Lite-On Technology, Salcomp, Emerson and GE Energy among others.