- Report ID: BMRC 1312 | Number of pages: 200 | Publish Date: Jan 2021
Status: Published | Category: Semiconductor | Delivery Timeline:
Voltage control Market is valued at USD 2.12 Billion in 2020 and expected to reach USD 2.92 Billion by 2027 with the CAGR of 4.70% over the forecast period.
Voltage control Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027 The Voltage control market is primarily driven by increasing power demand, expanding power distribution networks and the need to provide reliable power supply with high efficiency.
A voltage controller also known as an AC voltage controller or AC regulator is an electronic module based on either thyristors, TRIACs, SCRs or IGBTs, which converts a fixed voltage, fixed frequency alternating current (AC) electrical input supply to obtain variable voltage in output delivered to a resistive load. This varied voltage output is used for dimming street lights, varying heating temperatures in homes or industry, speed control of fans and winding machines and many other applications, in a similar fashion to an autotransformer. Voltage Regulators are used when there is a need for steady and reliable voltage. Voltage regulator devices are very compact and they are used in systems with low power and low voltage. The voltage regulators play an important role in the world of automation where they ensure to provide optimal power supply to all electronic components in order to have high efficiency and functionality.
Global voltage control market report is segmented on the basis of type and application. Based upon type voltage control is classified into tap-switching voltage regulator, Ferro resonant voltage regulator and electronic voltage regulator. Based upon application voltage control is classified into communications, consumer electronics, automotive, industrial and others.
The regions covered in this global Voltage control market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market of Voltage control is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Voltage control market Report covers prominent players are like, Texas Instruments, Analog Devices, Infineon Technologies, STMicroelectronics, Eaton, ROHM Semiconductor, RICOH Electronics, Cypress Semiconductor, Maxim Integrated, Microchip, ON Semiconductor, Vicor, Semtech, Torex Semiconductor, Intersil, Diodes, Toshiba, Vishay Semiconductor, Others.
Texas Instruments TPS7A24 Low-Dropout (LDO) Linear Voltage Regulator,
News: - 8 may 2020, Texas Instruments TPS7A24 Low-Dropout (LDO) Linear Voltage Regulator supports a 2.4V to 18V input voltage range with ultra-low quiescent current (IQ). These features help modern appliances meet increasingly stringent energy requirements and help extend battery life in portable power solutions. The TPS7A24 is available in both fixed and adjustable versions. The fixed-voltage version eliminates external resistors and minimizes the printed circuit board (PCB) area. For more flexibility or higher output voltages, the adjustable version uses feedback resistors to set the output voltage from 1.24V to 17.75V. Both versions have 2% output regulation accuracy that provides precision regulation for microcontroller (MCU) references.
The Voltage control market is primarily driven by increasing power demand, expanding power distribution networks and the need to provide reliable power supply with high efficiency. The advent of isolated and renewable generation, increasing customer integration to aid power system performance is almost inevitable. In its newly released International Energy Outlook 2019 (IEO2019) Reference case, the U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50% between 2018 and 2050. Industrial power supplies need to be highly efficient, reliable and flexible over broad operating conditions. Power supply efficiency is the amount of the actual power delivered to the constituents divided by the electrical power drawn from the mains supply socket. High efficiency power supplies are at least 75% efficient but can reach as high as 93%. Power supplies are never 100% efficient since there is always heat loss requiring cooling methods. The factors restraining the growth of voltage regulators are its low speed of producing output voltage when considering mechanical voltage regulators. New technological advancements and product development can provide growth opportunity for the voltage control market.
North America is expected to dominate the growth of Voltage control Market, due to 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 rapidly increasing power demand is also leads increase the electric power systems. In 2019, total U.S. primary energy consumption was equal to about 100,165,395,000,000,000 Btu, or about 100.2 quadrillion Btu. In 2019, the electric power sector accounted for about 96% of total U.S. utility-scale electricity generation, nearly all of which was sold to the other sectors, according to U.S. energy information administration. Europe is second largest region for the growth of Voltage control Market. In Europe, the factors driving the market of voltage regulator devices are benefits they offered like the ease of use, compact size, low cost and lesser noise. Replacement and upgrading of aged power distribution networks across countries in Europe and Asia pacific will provide attractive opportunities for the voltage control market in future.
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By Type: Tap-Switching Voltage Regulator, Ferro resonant Voltage Regulator, Electronic Voltage Regulator
By Application: Communications, Consumer Electronics, Automotive, Industrial, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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Voltage Control market Size By Type (Tap-Switching Voltage Regulator, Ferro resonant Voltage Regulator, Electronic Voltage Regulator) By Application (Communications, Consumer Electronics, Automotive, Industrial, Others) Forecast 2021-2027