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Programmable DC Power Supply Market to Reach $1.4 Billion, Globally, by 2033 at 14% CAGR: Allied Market Research

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PORTLAND, Ore., July 30, 2024 /PRNewswire/ — The global programmable DC power supplies market is propelled by rise in technological advancements. Advancements in digital control technology have enabled programmable DC power supplies to offer higher precision and efficiency. Programmable DC power supplies are increasingly integrated with Internet of Things (IoT) and smart technologies.

Allied Market Research published a report, titled, “Programmable DC Power Supply Market by Power Supply (AC-DC and DC-DC), Type (Single Output, Dual-Output and Multiple Output), Application (Laboratories, Automatic Testing Systems, IoT Devices, Medical Products, Mobile Phones, Remote Industrial Sensors, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the programmable DC power supply market was valued at $0.4 billion in 2023, and is estimated to reach $1.4 billion by 2033, growing at a CAGR of 14% from 2024 to 2033.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A113495 

Prime determinants of growth  

The global programmable DC power supplies market is driven by escalating demand from various end-use sectors such as electronics & semiconductor, automotive, telecommunications, and aerospace & defense, and others. The electronics and semiconductor industry is a major consumer of programmable DC power supplies. The demand for high-quality and reliable power supplies is driven by the need for precise testing and manufacturing processes in the production of semiconductors, consumer electronics, and communication devices. Furthermore, the rise of electric vehicles (EVs) has significantly boosted the demand for programmable DC power supplies. These power supplies are essential for battery testing, EV component testing, and charging infrastructure development. The automotive industry’s shift towards electrification and the development of autonomous vehicles further fuels the demand for programmable DC power supplies market. However, programmable DC power supplies often come with a high initial capital cost due to their advanced features and capabilities. This significant investment can be a barrier for small and medium-sized enterprises (SMEs) which in turn may restrain the growth of the programmable DC power supplies market. 

Report coverage & details: 

Report Coverage 

Details 

Forecast Period 

2024–2033 

Base Year 

2023

Market Size In 2023 

$0.4 Billion 

Market Size In 2033 

$1.4 Billion 

CAGR 

14.0 %

No. Of Pages In Report 

450

Segments Covered 

Power Supply, Type, Application, And Region. 

Drivers  

Surge In Demand From Automotive Sector Growth In Demand From Aerospace & Defense Sectors Rise In Demand From Telecommunications Sector Rapid Shift Towards Renewable Energy 

 

Opportunities 

Government Incentives And Subsidies Technological Advancements Rise In Focus On R&D Activities 

 

Restraints 

High Initial Capital Investment  

 

The demand for AC-DC type programmable DC power supplies is growing due to their versatility, precision, and efficiency in various applications across multiple industries. These power supplies convert AC to highly stable and customizable DC output, essential for testing, development, and manufacturing processes in sectors like electronics, automotive, telecommunications, and aerospace. The rise of electric vehicles, renewable energy systems, and advanced electronics has heightened the need for precise power control and efficiency, driving the adoption of AC-DC programmable supplies. Additionally, advancements in digital control and integration with smart technologies further enhance their appeal, meeting the stringent requirements for modern technological applications and regulatory compliance. 

Procure Complete Report (450 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/4d34Upf 

The demand for multiple output type programmable DC power supplies is growing due to their ability to simultaneously power and test multiple devices or circuits with varying voltage and current requirements, enhancing efficiency and reducing the need for multiple single-output supplies. This versatility is particularly valuable in complex electronic testing, manufacturing, and research environments where diverse power needs are common. Industries such as consumer electronics, telecommunications, automotive, and aerospace benefit from the space-saving, cost-effective, and streamlined operations provided by these supplies. As devices and systems become more sophisticated, the capability to provide multiple, precise, and independent power outputs from a single unit becomes increasingly critical, driving the demand for these advanced power solutions. 

The demand for programmable DC power supplies in automatic testing systems is growing due to their precision, flexibility, and automation capabilities. In industries like electronics, automotive, and telecommunications, where rigorous testing of components and systems is essential, these power supplies provide accurate and repeatable voltage and current settings crucial for high-quality testing. Their programmability allows for easy integration into automated test setups, enabling efficient, high throughput testing processes. Additionally, the ability to quickly adapt to different testing scenarios and requirements without manual adjustments enhances productivity and consistency, making programmable DC power supplies indispensable in modern automated testing environments. 

The demand for programmable DC power supplies in the North American region is growing due to the strong presence of advanced industries such as electronics, automotive, aerospace, and telecommunications. These sectors require precise and reliable power supplies for development, testing, and manufacturing processes. Additionally, the region’s emphasis on innovation, coupled with significant investments in research and development, drives the need for versatile and high-performance power solutions. The rise of electric vehicles and renewable energy projects further boosts demand. Moreover, stringent regulatory standards and a focus on energy efficiency and sustainability are pushing industries to adopt programmable DC power supplies that offer superior control, precision, and efficiency, fueling market growth in North America.  

For Purchase Inquiry: https://www.alliedmarketresearch.com/programmable-dc-power-supply-market/purchase-options 

Leading Market Players: – 

Ainuo Instrument Co., Ltd Array Electronic Co., Ltd. B&K Precision Corporation Good Will Instrument Co., Ltd. AMETEK Programmable Power Inc. Maynuo Electronic Co., Ltd TEKTRONIX, INC. Powertron India Private Limited Scientific Mes-Technik Pvt. Ltd. EA ELEKTRO-AUTOMATIK GMBH & CO. KG 

The report provides a detailed analysis of these key players in the global programmable DC power supplies market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.  

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact us:

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Hexaware Hosts Greater Manchester and West Yorkshire Mayoral Delegation, Deepens Partnership with University of Leeds

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Part of the Great North Mayoral Delegation’s visit to India, discussions focused on Hexaware’s UK expansion and planned R&D centers in Leeds and Manchester

MUMBAI, India, Oct. 23, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, hosted a delegation led by Tracy Brabin, Mayor of West Yorkshire, and Bev Craig, Mayor of Greater Manchester, as part of The Great North’s first joint mayoral-led trade mission to India

Hexaware met with Tracy Brabin and delegates from West Yorkshire at its Mumbai office to discuss the company’s UK investment plans, regional employment, and opportunities for technology collaboration across the North of England.

During the visit, Hexaware and the University of Leeds discussed their agreement to strengthen industry–academic collaboration through research, knowledge sharing, and experiential learning opportunities for students.

Earlier in the mission, on October 14 in Bengaluru, Hexaware leaders met Bev Craig, Mayor of Greater Manchester, together with representatives of the British Deputy High Commission and the Invest Manchester team, to discuss Hexaware’s investment in the city region.

Hexaware announced that it will create hundreds of jobs and invest £9 million in a new Design and Innovation Centre at Manchester’s innovation district, SISTER, delivered in collaboration with the University of Manchester. By establishing a base at SISTER, Hexaware will have access to Europe’s largest clinical academic campus on Manchester’s Oxford Road Corridor and a rapidly expanding digital and tech ecosystem within the city.

The visits follow Hexaware’s June 2026 announcement of a £25 million UK expansion, expected to create approximately 1,200 jobs over three to five years across Manchester, Leeds, and Birmingham, including 420 in Manchester and 240 in Leeds. Plans include proposed R&D centers in Manchester and Leeds, with Newcastle also under consideration as a potential future location, given the region’s strong university talent pool and proximity to Scotland.

Parameshwaran Iyer, Executive Vice President & Head – Europe, Hexaware, said, “The North of England is an important part of our UK growth plans. Our investment goes into developing technology capabilities and recruiting graduates from the region’s universities, training them to work with enterprise and public-sector customers. Our new agreement with the University of Leeds will strengthen this pipeline, giving us closer access to graduate talent as we grow our presence in the region. We see considerable potential in the talent and expertise available across these cities.”

Bev Craig, Mayor of Greater Manchester, said, “Greater Manchester has established strengths in healthcare, life sciences, and AI, supported by close cooperation between universities, researchers, and industry. We welcome Hexaware’s plans for Manchester and the opportunities they present for investment, innovation, and employment in these sectors.”

Tracy Brabin, Mayor of West Yorkshire, said, “It was great to visit Hexaware’s headquarters in Mumbai and hear first-hand about the company’s ambitious plans for growth in the UK. Their investment in Leeds and the creation of hundreds of new jobs is fantastic news for West Yorkshire and a strong vote of confidence in our region. Trade missions like this give us the opportunity to meet decision-makers directly, strengthen international relationships and explore how businesses like Hexaware can deepen their links with West Yorkshire to create a stronger, better-off region that works for all.” 

Glenn McCauley, Head of Proposition Development at the University of Leeds, said, “We were delighted to join this Great North Mayoral Delegation to India and to discuss with Hexaware leadership and with the Mayor of West Yorkshire how the University of Leeds’ agreement with Hexaware can be a catalyst to drive economic growth in our region.”

India and the North of England are connected above all through people, with more than 81,000 people of Indian heritage living in Yorkshire and the Humber, and 50,000 people of Indian diaspora in Greater Manchester. Thousands of Indian students also choose universities in the two regions every year. Increasingly, Indian companies are also among the region’s investors and employers. The India–UK Comprehensive Economic and Trade Agreement (CETA), in force since July 2026, alongside The Great North’s investment initiatives, gives that relationship fresh momentum.

Hexaware will continue discussions with regional partners on its proposed R&D facilities, graduate recruitment, and technology partnerships across the North of England, drawing on Leeds’ strengths in digital engineering, data science, robotics, fintech, and technology-enabled care, and Manchester’s strengths in healthcare, life sciences, cyber, and AI.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

 

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Fosun Wealth Opens Its First Private Wealth Center in Hong Kong at Harbour City, Tsim Sha Tsui

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Appointment-Only Center for High-Net-Worth Clients, Partnering with Fosun Wealth IFA to Expand Wealth Management Capabilities

HONG KONG, Oct. 23, 2026 /PRNewswire/ — Fosun Wealth International Holdings Limited (“Fosun Wealth”) announced the official opening of its first Private Wealth Center on the 23rd floor of Prudential Tower, at The Gateway, Harbour City, Tsim Sha Tsui, Hong Kong. The center provides a dedicated offline space for meetings and wealth planning in Hong Kong, exclusively tailored for high-net-worth clients. Visits are by appointment only, and the center operates in partnership with Fosun Wealth IFA (Independent Financial Advisor), supporting clients from initial discussions and tailored proposals through to signing and implementation.

The opening ceremony, themed “A Starry New Chapter on Victoria Harbour”, brought together business partners from fund, asset management and insurance industries in Hong Kong to celebrate the occasion.

Expanding amid Industry Growth to Address Clients’ Demand for Long-Term Advice

The opening comes as Hong Kong’s wealth management sector continues to expand. According to the Securities and Futures Commission of Hong Kong, as of the end of 2025, total assets under management (AUM) in Hong Kong jumped 20% year-on-year (YoY) to a record high of HK$42.2 trillion. Among the major segments, AUM of private banking and private wealth management business increased by an impressive 24% YoY to HK$12.9 trillion. At the same time, client expectations have shifted. High-net-worth individuals are increasingly looking beyond fragmented, one-off product recommendations and seeking professional institutions that can deliver cross-market and multi-generational support over the long term.

The center’s location in Harbour City offers views across Victoria Harbour and a calm, private setting. It features four dedicated meeting rooms, with each client received by a relationship manager throughout their visit to allow for in-depth discussions in a confidential environment. In addition to client meetings and document signing, the center will also host smaller, focused sessions to help clients better capture opportunities in Hong Kong’s wealth management market.

Strengthening Collaboration with Fosun Wealth IFA to Enrich Service Matrix

The Private Wealth Center will also serve as a working base for Fosun Wealth IFA, supporting professional discussions and the review of more complex cases. Launched by Fosun Wealth in 2025, Fosun Wealth IFA is Hong Kong’s first one-stop platform for independent financial advisors (IFAs) to establish and grow their practices. It has already built a team of nearly 500 advisors. Built on a compliant licensing framework, the platform integrates diversified financial products, AI-powered tools and structured trainings, supporting advisors from licensing through ongoing professional development to independent practice. The goal is to help raise standards and professionalism across Hong Kong IFA industry.

Fosun Wealth subsidiaries hold securities and insurance brokerage licenses. Under strict compliance, they provide access to insurance, securities, asset management, and corporate financing services. Fosun Wealth has also established partnerships with numerous leading fund houses, asset managers, and insurers, supporting both the Private Wealth Center and the IFA platform.

Cheng Kang, CEO of Fosun Wealth, said: “Hong Kong continues to strengthen its position as an international hub for asset and wealth management, supported by its resilience and openness. This creates a valuable opportunity for us to deepen our presence in the local market. The opening of the Private Wealth Center is more than the launch of a new location—it marks a new chapter in Fosun Wealth’s commitment to serving high-net-worth clients in Hong Kong with a more personal, long-term approach, bringing our ‘warm private wealth stewardship’ to a broader client base. Whether we are serving high-net-worth clients or building a stronger ecosystem for financial advisers, we aim to set a high standard in Hong Kong’s wealth management industry. We will focus on turning our capabilities into lasting value for clients, and work with clients and partners to support the continued growth of the sector.”

About Fosun Wealth International Holdings Limited

Fosun Wealth International Holdings Limited (hereinafter referred to as “Fosun Wealth”) is an AI-driven global one-stop Web5(Web2+Web3) wealth management platform wholly owned by Fosun International Limited (stock code: 656.HK) in Hong Kong. With its solid financial position, Fosun Wealth has obtained various licenses via its subsidiaries, including Type 1, 2, 4, 6, and 9 licenses granted by the Securities and Futures Commission(SFC) of Hong Kong, and an insurance broker license granted by the Insurance Authority(IA) of Hong Kong. Fosun International Securities Limited, a subsidiary of Fosun Wealth, is one of the first batch of brokerages to provide virtual asset dealing service. Fosun Wealth has launched several industry-leading brands, including the Fosun Wealth App, Finloop, FinChain, and Fosun Wealth IFA. For more information, please visit: www.fosunwealth.com.

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SOURCE Fosun Wealth International Holdings Limited

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WOLFX Student Super App Reaches 104 Universities One Month After US Launch

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All-in-one college platform reports 300 percent subscription growth following Arizona campaign 

MELBOURNE, Australia, Oct. 23, 2026 /PRNewswire/ — WOLFX, an all-in-one app designed to help college students thrive academically, socially and financially, has been downloaded by students at 104 universities in 130 cities across the US just one month after its launch in Indiana.

The platform recorded a 300 percent increase in subscriptions following its Rush WOLFX campaign in Arizona. Rush WOLFX is a game of skill that involves college fraternities and sororities putting their business skills to the test to win a $10K prize. 

WOLFX plans to hold six additional Rush competitions at Universities across the country next month.

WOLFX brings together AI-powered study tools, wellness support, a student marketplace and opportunities for student entrepreneurs in a single app, giving students who juggle academic, social and financial pressures one place to manage college life.

“I developed WOLFX to make the lives of college kids better. To see the app being so well received across America gives everyone involved a huge boost,” said Simon Bishop, founder of WOLFX. “As a father, I know college can be a daunting time for students and parents. WOLFX is aimed at easing those fears of loneliness and isolation. I’m so happy WOLFX is making a difference.”

Students say the app is already part of their daily routine.

“This is honestly the only college app you’ll ever need,” said Katie Wolf, a cheerleader at Indiana University. “Whether it’s managing my schedule, working on a business idea or even selling some items on the student marketplace, WOLFX has me covered. This app is a game changer for college students.”

WOLFX Platinum is available for $28.99 per month. WOLFX can be downloaded on iOS and Android.

About WOLFX

WOLFX is a student-focused super app designed to help college students navigate campus life through AI-powered study tools, wellness support, a student marketplace and entrepreneurial opportunities. The platform aims to make college life more connected, manageable and rewarding. WOLFX is available on iOS and Android. Learn more at https://wolfxapp.com/.

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SOURCE WOLFX

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