AC-DC Power Supply Adapter Market Size
How are the key drivers contributing to the expansion of the ac-dc power supply adapter market?
The surge in requirement for electronic gadgets and appliances is anticipated to fuel the expansion of the AC-DC power supply adapter market. Electronic gadgets and appliances denote devices engineered for specific tasks like voice recording, music playback, video display or photo viewing, necessitating electric power to operate. AC-DC power supply adapters are employed as a power resource for electronic equipment such as smartphones, laptops and household appliances. They achieve this by transforming the AC voltage from a wall socket into the DC voltage that electronic equipment function on. For example, as per data from Demandsage, a US-based automated reporting platform that uses data science for tangible insights, there were roughly 6.6 billion smartphone users worldwide in 2022. This marked a 4.2% increase from the preceding year. Thus, the escalating demand for electronic gadgets and appliances is spurring the growth of the AC-DC power supply adapter market.
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What growth opportunities are expected to drive the ac-dc power supply adapter market’s CAGR through 2034?
The market for AC-DC power supply adapters has seen significant expansion in the recent past. The market, which is projected to surge from $15.11 billion in 2024 to $16.41 billion in 2025, anticipates a Compound Annual Growth Rate (CAGR) of 8.6%. This growth in the past years can be credited to the surge in consumer electronics, increased globalization and trading activities, the trend towards miniaturization and portability, the upswing in industrial automation, and the revolution in mobile computing.
Expectations indicate a solid expansion in the AC-DC power supply adapter market within the next few years, with projections suggesting a value of “$22.88 billion by 2029, in tandem with a compound annual growth rate (CAGR) of 8.7%. Factors contributing to this expected growth over the forecast period include regulatory reforms, a boom in the e-commerce and online retail sectors, growth in the smart home and IoT arenas, the development of electric vehicles (EV), and a shift towards renewable power sources. Notable emerging trends predicted to make an impact in the forecast period involve miniaturization and portability, standards for energy efficiency, an increase in IoT devices, the incorporation of renewable energy, and the dominance of USB-C and fast charging technologies.
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What are the emerging trends shaping the future of the ac-dc power supply adapter market?
Key players in the AC-DC power supply adapter market are concentrating their efforts on introducing cutting-edge solutions like remote control to streamline the management and monitoring of power supplies. Remote control essentially means the capacity to manage and scrutinize power supply systems remotely, thereby boosting convenience, accessibility, and effectiveness. For example, Mornsun, an electronics enterprise based in China, unveiled the LBH300-138xx in January 2024. This product is a high-efficiency half-brick AC/DC power supply that is specifically tailored for telecom applications and can operate within a comprehensive input voltage range of 85-305 VAC. It’s designed for dependable performance in demanding conditions, withstanding temperature fluctuations between -40°C and +100°C. The power supply also comes with robust protective features, such as input under voltage, output over voltage, current, and short circuit protection, guaranteeing safety and dependability.
Which growth-oriented segments of the ac-dc power supply adapter market are leading the industry’s development?
The AC-DC power supply adapter market covered in this report is segmented –
1) By Type: AC-DC Wall Power Adapter, AC-DC External Plug-in Power Adapter
2) By Output Power: 5W – 12W, 13W – 24W, 25W – 100W, Above 100W
3) By Application: Smartphones And Tablets, Computers And Laptops, Wearable Devices, Home Appliances, Audio And Video Devices, Medical Devices, Industrial Equipment, Telecommunication Devices, Other Applications
Subsegments:
1) By AC-DC Wall Power Adapter: Fixed Output Wall Power Adapter, Multi-Output Wall Power Adapter
2) By AC-DC External Plug-In Power Adapter: Single Output Plug-In Adapter, Multiple Output Plug-In Adapter
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What regions are leading the charge in the ac-dc power supply adapter market?
North America was the largest region in the AC-DC power supply adapter market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global AC-DC power supply adapter market during the forecast period. The regions covered in the ac-dc power supply adapter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the ac-dc power supply adapter market?
Major companies operating in the AC-DC power supply adapter market include Delta Electronics Inc., ETA-USA Inc., B&K Precision Corporation, MEAN WELL Enterprises Co. Ltd., TDK Corporation, Keysight Technologies, Kikusui Electronics Corp., Ametek Inc., Chroma ATE Inc., Motorola Solutions Inc., Tektronix Inc., Good Will Instrument Co. Ltd., Huawei Technologies Co. Ltd., Itech Electronic Co. Ltd., Rohde & Schwarz GmbH & Co. KG, AcBel Polytech Inc., Hon Hai Precision Industry Co. Ltd., Lite-On Technology Corporation, Advantech Co. Ltd., Artesyn Technologies, Cincon Electronics Co. Ltd., CUI Inc., Schneider Electric SE, Jeckson Electric Co. Ltd., Astrodyne TDI Corporation, Power Integrations Inc., Phihong Corporation, SL Power Electronics Corp., Wall Industries Inc., GlobTek Inc., Murata Power Solutions Inc., RECOM Power Inc., Vicor Corporation
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What Is Covered In The AC-DC Power Supply Adapter Global Market Report?
• Market Size Forecast: Examine the ac-dc power supply adapter market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ac-dc power supply adapter market for a structured understanding.
• Key Players Overview: Analyze major players in the ac-dc power supply adapter market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ac-dc power supply adapter market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ac-dc power supply adapter market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ac-dc power supply adapter market.
• Industry Challenges: Identify potential risks and obstacles affecting the ac-dc power supply adapter market.
• Competitive Landscape: Review strategic developments in the ac-dc power supply adapter market, including expansions, agreements, and new product launches.
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