Voltage Regulators Market

Market Overview:

The global voltage regulators market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

A voltage regulator is an integrated circuit (IC) that provides a constant fixed output voltage despite changing the load or input voltage. They maintain the voltages from a power supply within a range compatible with the other electrical components. They can be used together to power sensors, operational amplifiers (op-amps), and other electronic modules that need both voltages. They assist in displaying protective functions, such as overvoltage protection, short circuit protection, thermal shutdown, and current limiting. As a result, they find extensive applications in the automotive, electronics, automation, and power industries.

There is an increase in the demand for smart electronic products, such as laptops, coffee makers, grillers, toasters, and computers, on account of rapid urbanization and expanding purchasing power of the consumer. This, in confluence with the thriving electronics industry, represents one of the major factors bolstering the market growth. In addition, the rising usage of electricity in residential, commercial, and industrial spaces is catalyzing the demand for voltage regulators worldwide. It can also be attributed to the growing installation of heating, ventilation, and air conditioning (HVAC) systems. Moreover, governing agencies of several countries are investing in the development of smart cities, which, in turn, is strengthening the market growth. Apart from this, voltage regulators are used in the major components of passenger and commercial vehicles. This, along with the increasing focus on improving passenger and driver safety, is positively influencing the market. Furthermore, the integration of electronic voltage regulators that can help provide a stable voltage source and contain additional circuits for protection from short circuits, thermal shutdowns, and overvoltage is anticipated to create a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global voltage regulators market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
  • Breakup by Connection Type
    • Series
    • Shunt
  • Breakup by Product Type
    • Low Drop Out (LDO)
    • Standard
• Switching Voltage Regulator
  • Breakup by Product Type
    • Step-Down (Buck)
    • Step-Up (Boost)
    • Step-Down/Step-Up (Buck-Boost)
    • Inverting
       

Breakup by End Use Industry:

• Electronics
• Power Transmission and Distribution
• Automotive
• Industrial Automation
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The Asia Pacific holds the majority of the global voltage regulators market share due to the surging consumption of electricity in the region.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are ABB Ltd, Analog Devices, Inc., Eaton Corporation plc, The General Electric Company, Howard Industries, Infineon Technologies AG, J. Schneider Elektrotechnik GmbH, NXP Semiconductors N.V., Schweitzer Engineering Laboratories, Inc., Siemens Aktiengesellschaft, STMicroelectronics SA, Texas Instruments Inc., and Toshiba Corporation.

Report Coverage: