AC-DC Power Supply Adapter Market Expected to Achieve 8.7% CAGR by 2029: Growth Forecast Insights

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How Large Will the AC-DC Power Supply Adapter Market Size By 2025?
The AC-DC power supply adapter industry has seen substantial expansion in the past few years. The market size, which is set to rise from $15.11 billion in 2024 to $16.41 billion in 2025, represents a compound annual growth rate (CAGR) of 8.6%. This growth during the historic period is largely due to factors such as the surge in consumer electronics, the rise of globalization and trade, a shift towards items becoming more miniature and portable, a boom in industrial automation, and the revolutionizing of mobile computing.

How Big Is the AC-DC Power Supply Adapter Market Size Expected to Grow by 2029?
The market for AC-DC power supply adapters is anticipated to experience robust growth in the coming years, swelling to an estimated value of $22.88 billion in 2029, with a compound annual growth rate (CAGR) of 8.7%. Factors contributing to surge during the prediction period encompass regulatory amendments, the proliferation of e-commerce and online shopping, the expansion of smart home technologies and IoT, the wider adoption of electric vehicles (EV), and the shift towards renewable energy sources. Key trends for the forecast period encompass miniaturization and portability, stricter energy efficiency standards, the proliferation of IoT devices, integration with renewable energy, and the advent of USB-C and fast charging technologies.

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Which Key Market Drivers Powering AC-DC Power Supply Adapter Market Expansion and Growth?
A rise in the requirement for electronic appliances and gadgets is anticipated to impel the expansion of the AC-DC power supply adapter market. Electronic appliances and gadgets are specifically designed devices, such as sound recording and music playing equipment, video display monitors, or photo viewing apps; these gadgets necessitate electricity to operate. AC-DC power supply adapters serve as a power source for these electronic devices, like smartphones, laptops, and household appliances, by transforming the AC voltage from a wall socket into the DC voltage, which these devices use. For instance, Demandsage, a US-based automated reporting platform that employs data science to provide meaningful insights reported in December 2023 that the global smartphone users totaled around 6.6 billion in 2022, a rise of 4.2% from the previous year. This surge in the demand for electronic appliances and gadgets is consequently accelerating the growth of the AC-DC power supply adapter market.

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Which Fast-Growing Trends Are Poised to Disrupt the AC-DC Power Supply Adapter Market?
Leading firms in the AC-DC power supply adapter sphere are making strides towards innovation, for instance, integrating remote control features to enhance management and supervision of power supply units. This provision allows the user to operate power supply systems remotely, thus increasing ease of use, accessibility and effectiveness. In a recent development in January 2024, the LBH300-138xx, a high-efficiency half-brick AC/DC power supply tailored for telecom use, was introduced by Mornsun, a renowned electronics firm based in China. It functions within a broad input voltage spectrum from 85-305 VAC, and is designed to operate efficiently under harsh conditions, handling temperature fluctuations between -40°C to +100°C. The power supply comprises sturdy protection attributes such as under-voltage input, over-voltage output, current and short circuit protection, safeguarding both safety and reliability.

What Are the Emerging Segments in 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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Who Are the Global Leaders 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

Which are the Top Profitable Regional Markets for the AC-DC Power Supply Adapter Industry?
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

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