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The term direct current power means one-way flow of electrons. Direct current power systems are categorized into alternate current-to-direct current power supply systems and direct current-to-direct current power supply systems. These systems are primarily employed in data centers, telecom towers, commercial buildings, medical equipment, electronic appliances, aircraft, and industrial as well as residential usage. In a direct current power system, the uninterruptible power system (UPS) takes in main power — usually utility AC — and outputs DC voltage while supplying backup power from the integrated batteries in the event of an extended power outage. When choosing the optimal direct current power system for your environment, it is important to take into account all of this information. Since DC UPS can vary depending on the application they are used for, it is critical to understand the critical system element to ensure your backup solution will execute as hoped.
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Voltage, Application, and Region |
Regions Covered | North America, Europe, Asia-Pacific, LAMEA |
Companies Covered | ABB Ltd., Advanced Energy Industries Inc., AEG Power Solutions BV, Delta Electronics Inc., Eaton Corp. Plc., EnerSys, Heinzinger electronic GmbH, Huawei Technologies Co. Ltd., Lite-On Power System Solutions, and Vertiv Group Corp.. |
COVID-19 Impact analysis
The COVID-19 pandemic has had a significant negative influence on energy consumption in 2020. This action impacted energy consumption, energy production, and electricity prices. As there was lesser utilization of electricity, most of the major end-use industries had stopped their work such as manufacturing industries and others. However, telecommunication was one of the few industries that was still operating. As the heaviest users of electricity, here direct current, are manufacturing industries, were closed during the pandemic, thus it can be said that gradually direct current power system market will come back to its old state.
Top Impacting Factors
Growing requirements to attain energy efficiency has fueled the demand for direct current power systems as they are more efficient as compared to AC power systems. Moreover, growing popularity of a higher capacity optical network is offering substantial growth opportunities to the market. Government initiatives including monetary support for the sustainable environment have boosted the investment in the renewable sectors, which in turn, drives the global direct current power system market growth.
In addition, upsurge in demand for grid expansion resulted in the rise of the complexity of electric systems owing to growing number of feed-in nodes. This will further amplifies the probability of partial and total blackouts, which occurs when supply flow exceeds the design criteria. High voltage direct current has the quality to automatically reverse the output polarity with the flip of a remote or switch control signal, averting blackouts in these systems, which are also anticipated to fuel the direct current power system demand.
Nevertheless, the complexity of designing and operating a multi-terminal direct current power system may pose a challenge to growth. Furthermore, the increasing need for the installation of expensive filter-compensation units to subdue the problem that arise from reactive power consumption is expected to further hamper growth over the oncoming years.
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