Press release
Strong Growth Ahead: AC-DC Power Supply Adapter Market Size To Grow At Arecord 8.7% Cagr By 2029
AC-DC Power Supply Adapter
How Big Is the AC-DC Power Supply Adapter Market Size Expected to Be by 2034?
The AC-DC Power Supply Adapter Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the AC-DC Power Supply Adapter Market Size Expected to Be by 2034?
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What Are the Emerging Segments Within the AC-DC Power Supply Adapter Market?
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 Long-Term Drivers Are Shaping AC-DC Power Supply Adapter Market Trends?
The surge in the need for electronic devices and gadgets is projected to drive the expansion of the AC-DC power supply adapter market. Electronic devices and gadgets encompass appliances designed for specific tasks like voice recording, music playing, video displaying, or photo showcasing, all of which require electricity to operate. AC-DC power supply adapters serve as a power source for these electronic devices such as smartphones, laptops, and household appliances by converting the household AC voltage to the DC voltage that these electronics run on. For example, the U.S-based automated reporting platform Demandsage reported in December 2023 that in 2022, approximately 6.6 billion people globally were using smartphones. This number saw a 4.2% increase from the preceding year. As such, the escalating demand for electronic gadgets and appliances is spurring the growth of the AC-DC power supply adapter market.
Who Are the Top Competitors in Key AC-DC Power Supply Adapter Market Segments?
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
What AC-DC Power Supply Adapter Market Trends Are Gaining Traction Across Different Segments?
Leading businesses in the AC-DC power supply adapter market are concentrating on creating cutting-edge solutions like remote control for power supply management and monitoring. The concept of remote control involves the capability to manage and supervise power supplies from afar, thereby enhancing convenience, accessibility, and effectiveness. For example, Mornsun, a Chinese technology company, released the LBH300-138xx in January 2024. This is a highly efficient half-brick AC/DC power supply intended particularly for telecom uses, and it operates within a broad input voltage range of 85-305 VAC. It has been engineered to operate dependably in tough conditions, withstanding temperature shifts from -40°C to +100°C. This power supply comes with robust safety features like input under voltage, output over voltage, current, and short circuit protection to ensure safety and dependability.
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Which Regions Are Becoming Hubs for AC-DC Power Supply Adapter Market Innovation?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the AC-DC Power Supply Adapter Market?
2. What is the CAGR expected in the AC-DC Power Supply Adapter Market?
3. What Are the Key Innovations Transforming the AC-DC Power Supply Adapter Industry?
4. Which Region Is Leading the AC-DC Power Supply Adapter Market?
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