Covid-19 Impact on PWM Switching Regulators Market to Witness a Handsome Growth During 2021-2026

February 15, 2022

Stratview Research has published a new report on the PWM Switching Regulators Market, segmented by Type (Isolated, Non-Isolated), By Application (Household, Commercial), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global PWM Switching Regulators market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2021-2026. This report provides critical insights on the market dynamics and enables strategic decision making for the existing and new market players.

Market Highlights

PWM switching regulators are primarily used in power distribution, which plays a key role in maintaining reliable power supply voltages across distribution lines irrespective of the fluctuating line and load conditions, which is a key factor augmenting the market growth. The market is largely driven by rising power demand, the growing need to offer a reliable power supply with high efficiency, and expanding power distribution networks, which further boost the industry growth in the coming years.

COVID-19 Impact on PWM Switching Regulators Market

The COVID-19 outbreak has moderately affected the PWM switching regulators industry. This is mainly due to soaring coronavirus cases, implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. Owing to the worsening pandemic situation, the market dynamics have changed to a great extent. The nations’ lockdown and other government restrictions are affecting the economies over the globe.

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Segmentation –

This report studies the PWM Switching Regulators Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:

Application Trends

Based on application, the PWM Switching Regulators market is categorized into household and commercial. The household segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. Rapid industrialization, mainly in developing countries, and the growing demand for power & electricity from the residential sectors spur the market growth. Furthermore, the growing demand for consumer electronics and automobiles that use PWM switching regulators in smart electronic devices further bolsters the segment growth.

Regional Trends

By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, an increase in replacement and upgrading of aging power distribution networks further proliferates regional market growth.

Key Players:

Following are the key players in the PWM Switching Regulators Market:

• Texas Instruments (US)
• Siliconix (US)
• Microchip Technology (US)
• Analog Devices (US)
• STMicroelectronic (Switzerland)
• ON Semiconductor (US)
• Maxim (US)
• Panasonic (Japan)
• EXAR (US)
• Sanken Electric (Japan)

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Author : Harshad