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Global revenue for digital power devices to reach $3.3B

Posted: 10 Mar 2014 ?? ?Print Version ?Bookmark and Share

Keywords:IHS? power supplies? power IC? Texas Instruments? Infineon?

According to the latest report from IHS, the worldwide market for digital power is set for growth, with revenues for digital power supplies and digital power ICs each projected to jump almost 65 per cent in 2014. Global revenue for digital power supplies is seen to approach $3.3 billion in 2014 and then climb to $11.8 billion in 2018. Meanwhile, global revenue for digital power ICs will top $605 million in 2014, and then reach $3.1 billion by 2018, noted the market research firm.

"The market for digital power solutions is already well-established in the server and telecommunication markets," said Jonathon Eykyn, power supply and storage component analyst for IHS. "However, IHS is now starting to see growing adoption across a much broader range of products and applications, which is driving rapid growth."

Digital power offers customers many advantages over traditional analogue power, Eykyn noted, including the reduction of the overall bill-of-materials cost. This is done by consolidating the number of discrete components, reducing the carbon footprint, increasing power density, providing the ability to monitor and optimize power levels and system requirements while in operation, and speeding time to market for products.

Delta Electronics held the largest share of the 2013 digital power supply market, with an estimated 10.3 per cent of total industry revenue. It was followed by Eltek and Emerson with 9.1 per cent and 8.8 per cent market share, respectively.

In the digital power IC market, Texas Instruments led with an estimated 9.8 per cent. Infineon and Powervation came next, garnering 9.6 per cent and 8.9 per cent market share, respectively.

"Both the digital power supply and digital power IC markets remain fairly fragmented, with no suppliers having a dominant position," said Eykyn. "This means that competition and innovation remain high as companies seek to win major customers."

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