Switch Mode Power Supply Transformers Market Expansion Continues, with Forecast Valuation of $2.42 Billion by 2029

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Switch Mode Power Supply Transformers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for switch mode power supply transformers has seen a consistent rise. The market is projected to expand from $1.91 billion in 2024 to $1.98 billion in 2025, a compound annual growth rate (CAGR) of 3.6%. The acceleration in the historic period can be credited to the growth of the electronics industry, cost-cutting measures, focused customization and specialization, improved supply chain robustness, and the worldwide proliferation of electronics manufacturing.

Switch Mode Power Supply Transformers Market Size Forecast: What's the Projected Valuation by 2029?
The market size for switch mode power supply transformers is set to witness robust expansion in the ensuing years, reaching a staggering $2.42 billion in 2029 with a pursued compound annual growth rate (CAGR) of 5.2%. Several factors that are projected to fuel this growth in the forecast period include the proliferation of renewable energy, the thriving electric vehicle market, the embrace of IoT and 5G, the rise of digitalization and cloud computing, and the modernization of the electric grid. The period is also likely to see key trends such as the advent of advanced magnetic core materials, the emergence of multi-output transformers, the development of high-frequency transformer designs, the use of wide bandgap semiconductors, and the widespread adoption of IoT and 5G.

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What Are the Drivers Transforming the Switch Mode Power Supply Transformers Market?
The upswing in the desire for consumer electronics within the power supply transformer market is projected to spur growth in the switch mode power supply transformers market throughout the predicted period. This demand primarily stems from the superior performance of switch mode power supplies (SMPS) over linear regulators as the switching transistor's power consumption is lower when operating as a switch. Most electrical gadgets are equipped with switch-mode power supplies. For example, as per data from Demandsage, an American automated reporting platform that employs data science to provide genuine insights, there were around 6.6 billion smartphone users across the globe in 2022. This represents a 4.2% rise from the previous year. Consequently, the burgeoning demand for consumer electronics from end-users propels the expansion of the switch mode power supply transformer market.

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What Long-Term Trends Will Define the Future of the Switch Mode Power Supply Transformers Market?
In the switch mode power supply transformers market, prominent companies are ushering in cutting-edge products like space-grade planar transformers. They aim to satisfy difficult requirements by offering superior efficiency, minimized size, and enhanced thermal control. For example, Vishay Intertechnology Inc., a semiconductor manufacturer in the US, unveiled a new line of low-profile, space-grade planar transformers in May 2024. These products, created for power conversion applications, can be applied in switch mode power supplies, DC/DC, and AC/DC converters. They belong to the SGTPL-2516 series and stand out due to their lower price, compact size, and higher density compared to the standard planar transformers.

Which Segments in the Switch Mode Power Supply Transformers Market Offer the Most Profit Potential?
The switch mode power supply transformers market covered in this report is segmented -

1) By Type: AC to DC, DC to DC, DC to AC, AC to DC
2) By Voltage: Distribution Voltage, Sub-Transmission Voltage, High Voltage Transmission, Extra High Voltage Transmission, Ultra-High Voltage Transmission
3) By End-User: Consumer Electronics, Communications, Industrial, Other End-Users

Subsegments:
1) By AC To DC: Isolated AC To DC Transformers, Non-Isolated AC To DC Transformers
2) By DC To DC: Step-Up DC To DC Transformers, Step-Down DC To DC Transformers
3) By DC To AC: Inverter Transformers, Multilevel DC To AC Transformers
4) By AC To AC: Transformer For AC Voltage Regulation, Isolation Transformers For AC Applications

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Which Firms Dominate the Switch Mode Power Supply Transformers Market by Market Share and Revenue in 2025?
Major companies operating in the switch mode power supply transformers market include ABB Group, APX Inc., Infineon Technologies AG, Omron Corporation, Premier Magnetics, Salcomp plc, Schneider Electric SE, Siemens AG, Sumida Corporation, Tamura Corporation, TDK Corporation, Tisci Srl, Yageo Corporation, Zhongce E.T Electronics Co. Ltd, Рrіѕоurсе Electronics Pvt. Ltd., Special Electronics & Designs Inc., Hang Tung Electronic Technology Co. Ltd., Prisource Electronics Co. Ltd., Triad Magnetics, Butler Winding Inc., Goh Synergy Transformers Pte Ltd., Coil Winding Specialist Inc, Bel Fuse Inc., Delta Electronics Inc., Vishay Intertechnology Inc., Murata Manufacturing Co. Ltd., Eaton Corporation plc, Texas Instruments Inc., Tri-Mag Inc., Wabash Transformer Inc., Pacific Transformer Corp.

Which Regions Offer the Highest Growth Potential in the Switch Mode Power Supply Transformers Market?
North America was the largest region in the switch mode power supply transformers market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the switch mode power supply transformers market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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