Market Share of Power Supply Devices Industry
The power supply devices market is semi-consolidated with the presence of major players like Delta Electronics Inc., Emerson Electric Co., LITE-ON Technology Corporation, Acbel Polytech Inc., and Salcomp PLC. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- October 2023: LITEON announced its latest portfolio addition, a Level 3 Electric Vehicle (EV) DC fast charger. These EV chargers effortlessly coordinate with the existing electrical framework due to their multi-voltage input, which empowers clients to rapidly introduce the item while dodging extra framework and establishment costs. These can be coordinates in any input voltage setup found in the US control conveyance foundation without deriving from the base control obtained.
- July 2023: AcBel Polytech Inc. acquired a 100% stake in ABB Ltd's Power Conversion division. Through this acquisition, the company aims to create cutting-edge technology and expand its expertise in system solutions designed to fuel strong growth opportunities for customers in many of its core business sectors. Moreover, it will allow AcBel to grow its customer base in the United States, strengthen its local service capabilities, and extend its network of global manufacturing facilities.
Power Supply Devices Market Leaders
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Delta Electronics, Inc.
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Emerson Electric Co.,
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LITE-ON Technology Corporation
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Acbel Polytech Inc.
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Salcomp PLC
*Disclaimer: Major Players sorted in no particular order
