Authored By: Sarah
11 Jul 2024

 Voltage Regulator Market Size to grow by USD 12026 million between 2024-2028

According to a research report “ Voltage Regulator Market” by Type (Tap-switching voltage regulator, Ferroresonant voltage regulator, Electronic voltage regulator) End-user (Communications, Computer, Consumer electronics, Automotive, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 12026 million, at a CAGR of almost 7.53% during the forecast period. The Internet of Things (IoT) represents a network of interconnected devices, incorporating embedded electronics, software, sensors, and communication technologies. IoT devices enable real-time data collection, recording, and transmission through various sensors and actuators, driven by advancements in wired and wireless communication technologies, telecommunication standards, and human-machine interface (HMI) technologies. With initiatives from governments to enhance operational efficiency, the IoT landscape is projected to grow exponentially, with Cisco estimating 500 billion connected devices worldwide by 2030.

Browse market data tables, figures, and in-depth TOC on “Voltage Regulator Market” by Type (Tap-switching voltage regulator, Ferroresonant voltage regulator, Electronic voltage regulator) End-user (Communications, Computer, Consumer electronics, Automotive, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Type, the Tap-switching voltage regulator segment is projected to dominate the market size in 2024

The global voltage regulators market is poised for growth, particularly within the consumer electronics sector. Household appliances, including refrigerators, air conditioners, TVs, home theaters, and washing machines, are increasingly incorporating advanced semiconductor devices, such as voltage regulators. These components enable high-performance functionality with reduced power consumption and costs, aligning with consumer preferences for energy efficiency and smart technology. The proliferation of modern electronic appliances, characterized by touch displays, keypads, and in-built memory, will further fuel market expansion during the forecast period.

By End-user, Communications  segment is expected to hold the largest market size for the year 2024

In the realm of power electronics, tap-switching voltage regulators represent a sophisticated solution for managing voltage fluctuations in large-scale, three-phase applications or industrial and commercial scenarios with significant kilo-volt ampere (KVA) requirements. These advanced regulators automatically adjust voltage levels by switching transformer taps, thereby mitigating issues related to voltage sag, surge, transients, high-frequency impulses, and noise. Notably, their high efficiency, swift correction time, and compact packaging capabilities render them indispensable in electric distribution networks, while their cost-effectiveness makes them a preferred choice for large-scale power applications. However, it is essential to acknowledge that their implementation may not be economically viable for single-phase or lower KVA-rated applications.

APAC is forecasted to hold the largest market size by region in 2024

The Voltage Regulator Market represents a significant business opportunity for manufacturers and suppliers due to the increasing demand for reliable power supply systems. These devices ensure consistent voltage levels, preventing potential damage to electrical equipment and ensuring optimal performance. Market growth is driven by factors such as industrialization, infrastructure development, and the expanding renewable energy sector. Companies in this market must focus on innovation, efficiency, and cost-effectiveness to remain competitive.

The Voltage Regulator Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • ABB Ltd.
  • Analog Devices Inc.
  • Diodes Inc.
  • Eaton Corp. Plc
  • General Electric Co.
  • Infineon Technologies AG
  • Microchip Technology Inc.
  • NXP Semiconductors NV
  • ON Semiconductor Corp.
  • Renesas Electronics Corp.
  • Ricoh Co. Ltd.
  • ROHM Co. Ltd.
  • Schweitzer Engineering Laboratories Inc.
  • Semtech Corp.
  • STMicroelectronics International N.V.
  • Texas Instruments Inc.
  • Torex Semiconductor Ltd.
  • Toshiba Corp.
  • VICOR CORPORATION
  • Vishay Intertechnology Inc.
.

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Research Analysis Overview

The Voltage Regulator Market encompasses various technologies such as Ferro Resonant Regulators, Electro Mechanical Regulators, Switching Regulators, and Linear Regulators. These regulators play a crucial role in maintaining a stable power supply for electrical systems and electronic devices. Ferro Resonant Regulators and Electro Mechanical Regulators are traditional voltage regulation technologies, while Switching Regulators and Linear Voltage Regulators are more modern solutions. Static VAR Compensators are another type of voltage regulation technology used in power networks to compensate for reactive power. Telecommunications and other critical applications require a high degree of voltage regulation to ensure stable power supplies and maintain tolerance ranges. Voltage regulation is essential to prevent undervoltage or overvoltage conditions that can damage electronic circuits and impact energy consumption and efficiency. Linear Voltage Regulators and Switching Voltage Regulators are commonly used for various applications, including shunt regulators for power networks. These regulators accept an input voltage and provide a stable output voltage at the output terminals, regardless of load conditions or input voltage variations. Voltage regulation technologies are essential for ensuring the efficient and reliable operation of electrical systems and electronic devices. They help minimize energy consumption and improve energy efficiency while maintaining stable power supplies under various load conditions and input voltage levels.

Market Research Overview

The Voltage Regulator Market encompasses a wide range of power converters used to maintain stable voltage levels in various applications. These regulators are essential in industries such as Telecommunications and Industrial, where reliable power supply is crucial. The market includes Linear Voltage Regulators, Switching Voltage Regulators, Ferro Resonant Regulators, and Electro Mechanical Regulators. Linear Voltage Regulators use electronic tap switching or digital control mechanisms for voltage regulation. On the other hand, Switching Voltage Regulators use electronic switching to convert input voltage into a stable output. Three-phase and Single-phase regulators cater to different power requirements. Ferro Resonant Regulators and Electro Mechanical Regulators are used in High Voltage Systems and Industrial settings. Renewable energy installations, including Wind Power and Solar Power, increasingly use Voltage Regulation Technologies for stable power supply and energy efficiency. The market also includes Static VAR Compensators, which maintain voltage stability in power grids. Voltage regulation is essential for Power Distribution in Smart Grids, IoT Integration, and various sectors like Healthcare, Aerospace, Automobile, and Telecommunications. Voltage control solutions are integral to Power Management Systems in Portable Electronics, Tablets, Laptops, and other Digital Control Mechanisms. Silicon, Aluminum, and Copper are common materials used in Voltage Regulator manufacturing. The market caters to various load conditions, including Undervoltage and Overvoltage protection, and various electrical systems, including IT Infrastructure, Digital Economy, Gaming Consoles, Computers, Smart TVs, Home Automation Systems, and Industrial Settings. Small businesses and Manufacturing, including Robotics and Industrial Automation, also rely on Uninterruptible Power Supplies and Voltage Regulation Technologies. Voltage regulation is crucial for IoT applications, Data Centers, Cloud Computing, and Renewable Energy Sector, ensuring the stability and reliability of Power Networks and Electrical Equipment. Voltage Regulators are also used in various Electronic Devices, including Smartphones, and Battery-Powered Devices, to optimize Energy Consumption and improve Energy Efficiency.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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