The surge in demand for efficient power base in industries including computers, communication, growing smart grid, healthcare, and energy management is anticipated to escalate digital power supply market demand. Digital power management is expected to drive opportunities in Software-Defined Power Architectures (SPDAs), data centers, and emerging 5G technology. SPDAs are forecasted to be updated by continuous advancements in digital power and also in A/D and D/A conversion sectors. Rapid expansion and evolution of these technologies are expected to escalate the market over the forecast period.
The upsurge of advanced hardware, digital controllers, compatible communication technologies, and intelligent inverters are expected to boost the operational as well as economic benefits associated with these products. The system includes integration of two-way communication, where the device on the network has sensors enabled to assemble data providing communication among devices. Advancements and developments made in the digital power management segment are anticipated to play a major role in 5G technology. The adoption of new designs and features requires high power consumption for new technology, thereby employing digital technology can greatly help the 5G technology to consume low power which would result in smooth and efficient working.
Data centers are a potential sector, expected to drive substantial benefits with the adoption of digital power controls due to huge electricity consumption. The ability to cater to large power requirements and improved designs can help the service to reach out to a vast number of sectors. High power requirements for digitally managed external AC-DC supplies are also anticipated to drive the industry demand. Increased usage of power adapter provides flexibility to the manufacture in terms of providing supplies, which deals with issues including high & low power voltage and system shut-off problems. The technology proves beneficial as the power supply control can be managed including management of load during its operation. It exhibits distinct components; advances power density, decreases carbon footprints in culmination with faster time to market and maintains power density that enables optimizing the control levels.
The flexibility of the power supplies can prove their benefits by providing adjustability which includes startup time and threshold management. The digital controller provides facilities like load share, hot-swap mode, low power standby mode, or green mode which automates the functioning of the system. These factors initiate control algorithms that enable the power supply to adapt to changing conditions. The point of differentiation provided by the controller is the implementation of security codes that protects from any unauthorized use within the controller.
Digital power supplies are expected to make a sizeable impact on the market of dc-dc converter due to factors including management of power complexities, reduction in power in consumptions, and improving efficiencies. Integration of the controls, DC-DC or POL (Point of Load) regulator, monitoring the communications coupled with interface with the core system is an added advantage of incorporating digital power control.
Increasing demand for power supplies for media devices, LED devices, and data centers are expected to fuel digital power supplies market growth. This technology also has its application in the healthcare sector including medical monitoring equipment, surgical equipment, diagnostic equipment, and home patient care equipment among others. Continuous innovation has led to the advancement in portable medical equipment. Due to the inflexible certification and regulatory systems market for these products is confined. With the rising number of mobile medical devices and home care patients the market is expected to grow over the forecast period.
North America is anticipated to grow at a healthy rate owing to the growing demand for medical equipment, the emergence of innovative power backups India at the same time is expected to witness an increase in demand for DC-DC and AC-DC power supplies due to large investments and demand for electric devices. Major players in the market include Texas Instruments, Maxim Integrated, Linear Technology, Intersil, Silicon Labs, Delta Electronics, Lite-On Technology, Salcomp, Emerson, and GE Energy among others.
Research Support Specialist, USA