Power supply and switchgear markets expand amid electrification

The global power supply market is experiencing significant growth driven by industrial automation, data centers, renewable energy, and electric vehicles. Mordor Intelligence estimates the global power supply units market will reach $52.19 billion by 2031, while Transparency Market Research forecasts the broader market could hit $82.1 billion by 2036. Key technological enablers such as Gallium Nitride (GaN) and Silicon Carbide (SiC) are facilitating higher efficiency and power density.

In Australia, increasing electrification and renewable energy integration are driving demand for advanced low-voltage power distribution systems. To address the complexity of modernizing essential services, Rittal has introduced the VX25 Ri4Power system. This modular platform integrates enclosure architecture with Ri4Power switchgear and RiLine busbar technology, allowing for standardized yet customizable switchboard configurations in sectors such as energy infrastructure, manufacturing, and transport.