Press release
AC-DC Power Adapters Market Trends | Segmentation, Outlook, Industry Report 2031
AC-DC power connector is a kind of outer power supply that is encased on the off chance that like an air conditioner plug. AC-DC power connectors changes over ac capacity to the DC which is utilized by DC contraptions. Gadgets with no power supply and gadgets with chargeable battery, both use AC-DC power connectors.The utilization of AC-DC power connectors permits convenientce of the gadget without cumbersome parts and a similar gadget can be controlled from 120 VAC or 230 VAC mains, vehicle, or airplane battery by utilizing different connector.
AC-DC power connectors are utilized in low-voltage high current processor applications. AC-DC power connectors are broadly utilized in different businesses like clinical, auto, gadgets, and home machines. Developing reception of wide-band-hole gadgets, for example, silicon carbide and gallium nitride is driving the development of AC-DC connectors market.
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Proliferation of Diagnostic Equipment and Systems, With Rising Incidences of Chronic Diseases
Increasing prevalence of chronic disease and conditions such as heart diseases, stroke, cancers, diabetes, obesity, and arthritis, is driving adoption of diagnostic equipment & systems and monitor and display devices in hospitals and diagnostic centers, among others. Rise in demand for efficient power supplies in ECG (Electrocardiogram) & dialysis equipment has been witnessed globally in recent years.
Moreover, patients suffering from chronic diseases, especially in developed regions, are progressively adopting Type CF (Cardiac Floating) equipment, wherein the applied part is in direct conductive contact with the patient's heart. As the adoption of these equipment is increasing the demand for AC-DC power adapter is also increasing.
What are the Key Trends Impacting Growth of the AC-DC Power Adapters Market?
Smart medical devices embedded in furniture and portable medical equipment for home care applications are expected to augment the momentum of market growth.
Technological innovations in the healthcare industry such as brain control interface (BCI), outpatient robotic surgeries, automated mobile wheelchairs, mobile robots for logistic application in healthcare facilities, and automated hospital beds are expected to create significant demand for high quality, reliable, and safe power supply devices, thereby creating revenue opportunities for AC-DC power adapters manufacturers in the long run.
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How is the Demand for IoT Application Reshaping the AC-DC Power Adapters Market?
IoT applications are expected to witness significant growth in the coming years. This growth is attributed to increasing number of IoT connected smart devices, adoption of IoT platforms and solutions in industries such as Manufacturing and healthcare.
Moreover, increasing participation of government to adopt these solutions for smart cities, and smart homes in various regions is increasing the adoption of IoT for various applications.
The growing importance and demand for IoT application in smart home, smart cities are driving the growth of AC-DC power adapters. As these application require massive reduction in the cost of bandwidth and massive increase in data handling ability.
The AC-DC power adapter are used for various IoT applications as the AC-DC power adapters are low power in the application that require few watts. AC-DC power adapter are small and they meet the space constraints for IoT sensors and RF modem solutions.
The demand for AC-DC power adapter is also increasing in IoT application as these power adapters are able to cope with a wide variation in load current, as the IoT node switches from active to sleep mode.
Advancement in Mobile Technology is Creating the Need for Wireless Charging
As advancements in mobile technology are adding an increasing number of features to various devices, devices such as wearables, tablets, and smartphones are being used for longer durations. With this development, the need to keep these devices adequately charged at all times is becoming more important. According to a survey, four out of ten consumers are using wireless charging technology on mobile phones.
Moreover, with increasing awareness and the adoption of wireless charging technology in the it is expected that approximately half of the total mobile device consumers in the various countries are using wireless charging technology.
With rapid adoption of digital technologies, various smartphone manufacturers have started integrating wireless charging features in their flagship smartphones since early 2014. Moreover, due to increase in wireless charging system the demand has increased for AC-DC power adapters market.
Competitive Landscape
Key players such as B&B Electronics, Delta Electronics, Huawei Technologies Ltd, Microchip Technology Inc, Motorola, Inc, ETA-USA, Renesas Electronics, TDK Lambda Corporation, Murata Power Solution, Phoenix Contact, MEAN WELL Enterprises Co, Ltd, among others, are actively involved in offering AC-DC Power Adapters for different applications.
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Key Segments of AC-DC Power Adapters Market Covered in the Report
By Application, AC-DC Power Adapters Market is segmented into-
Home Appliance
Consumer Electronics
Automotive
Industrial Products
Others
Based on the region, the AC-DC Power Adapters market has been segmented as
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
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