QYR Market Research Global DIN Rail Power Supply market research | Page 5

QYR • The DIN rail power supply is mainly used in IT, industry, renewable energy, oil & gas, semiconductor, medical. The application market share of industry is more than 60%. • Currently, a major challenge affecting the market growth is the high price of DIN rail power supplies. As large demand of power supply products at home and abroad, many companies began to enter the field. The competition is very fierce.