According to the latest report by IMARC Group, titled, “ Voltage Regulators Market": Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the global voltage regulators market grew at a CAGR of around 5% during 2014-2019 and expected to exhibit moderate growth during the next five years.A voltage regulator is a mechanical device designed to provide fixed and constant output despite fluctuating load or input voltage. Some of the commonly used voltage regulators include linear and switching regulators. These regulators offer numerous benefits, such as low output ripple voltage, faster response time to load or change lines, minimal magnetic interference and noise, etc. As a result, they are extensively adopted to manufacture computers, alternators, power generators and alternate or direct (AC/DC) regulators.
Rapid industrialization, coupled with rising electricity demand from the residential and commercial sectors, is augmenting the market for voltage regulators. In addition to this, the increasing adoption of voltage regulators in smart electronic devices and electric vehicles is also driving the product demand.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Voltage Regulators Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis of region, topology, type and end use industry.
Breakup by Topology:
Electro-mechanical Voltage Regulation
Electronic Tap-Switching Voltage Regulation
Ferro-resonant Voltage Regulation
Breakup by Type:
Linear Voltage Regulator
Switching Voltage Regulator
Breakup by End Use Industry:
Electronics
Power Transmission and Distribution
Automotive
Industrial Automation
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/voltage-regulators-market
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