Power applications

The overall market for AC/DC and DC/DC commercial switch mode power supplies (C-SMPS), which excludes consumers and uninterruptible power supplies (UPS), is estimated to be in a range of 22 to 25 billion US Dollars. This level has been stable for more than five years and from an outsider’s point of view, could be perceived as a very static industry with very moderate growth index. This perception is amplified by a general feeling that the power supply industry reached such level of maturity, nothing will really happen, which in fact is not the case. Despite the steady top number, the C-SMPS industry is extremely dynamic, adjusting to market changes, new regulations, emerging new technologies and in permanent transformation, developing products and power solutions for early stage new technologies (e.g. 5G, Industry 4.0) or even not existing.