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Newstrail
Newstrail
The latest report by IMARC Group, titled “DC Power Supplies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global DC power supplies market size reached US$ 400 Million in 2020. Looking forward, the market is expected to grow at a CAGR of 4.8% during the forecast period (2021-2026). Direct current (DC) power supplies are devices or embedded circuits that obtain energy from a power input and convert it into power output. They offer stabilized power supply to electronic modules, repeatable power on and off with minimal input-related proble…