AC

Aug 08, 2023

News provided by

11 Jul, 2023, 15:10 BST

Share this article

The AC-DC power supply adapter market is driven by factors such as the surge in demand for efficient and low-voltage high-current processors and an advancement in consumer electronics, medical, and automotive sectors.

PORTLAND, Ore., July 11, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "AC-DC Power Supply Adapter Market By Type (AC-DC Wall Power Adapter, and AC-DC External Plug-in Power Adapter), Application (Home Appliances, Computer and Laptop, Mobile Phones and Wearable, Electronics, Automotive, Lighting Solutions, and Others), Industry Vertical (Consumer Electronics, Telecommunications, Food and Beverages, Medical and Healthcare, Military and Aerospace, and Industrial) and Sales Channel (Direct Sales, and Indirect Sales): Global Opportunity Analysis and Industry Forecast, 2022–2032". According to the report, the global AC-DC power supply adapter industry generated $11.2 billion in 2022, and is projected to reach $24.5 billion by 2031, registering a CAGR of 8.0% from 2022 to 2031.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/12788

Prime Determinants of Growth

The AC-DC power supply adapter market analysis is anticipated to expand significantly during the forecast period owing to surge in demand for efficient and low-voltage high-current processors, increase in advancements in consumer electronics, medical, and automotive sectors, and technologically advanced AC-DC power supply. Additionally, during the forecast period, the AC-DC Power supply adapter market is anticipated to benefit from the advent of digital transformation and automation for AC-DC power supply adapters. On the contrary, surge in mandatory safety standards and compliance with regulations is the prime restraint for AC-DC power supply adapter market growth during the forecast period. Nevertheless, the advent of digital transformation and automation is expected to provide prolific growth opportunities in the upcoming years.

Report Coverage and Details:

Report Coverage

Details

Forecast Period

2022–2031

Base Year

2022

Market Size in 2021

$11.2 billion

Market Size in 2031

$24.5 billion

CAGR

8.0 %

No. of Pages in Report

423

Segments Covered

Type, Application, Industry Vertical, Sales Channel, and Region

Drivers

The surge in demand for efficient and low-voltage high-current processors

The advancement in consumer electronics, medical, and automotive sectors

The advancements in consumer electronics, medical, and automotive sectors

Opportunities

The advent of digital transformation and automation

Restraints

The surge in mandatory safety standards and compliance with regulations

COVID-19 Scenario:

The AC-DC wall power adapter segment to maintain its leadership status throughout the forecast period.

Based on type, the AC-DC wall power adapter segment held the highest market share in 2022, accounting for nearly three-fourths of the global AC-DC power supply adapter market revenue, and is estimated to maintain its leadership status throughout the forecast period, as it is known for its small size & flexibility, and it is widely used in consumer electronics, where appliances such as smartphones, laptops and others are used widely. Moreover, the AC-DC external plug-in power adapter segment is projected to manifest the highest CAGR of 8.8% from 2023 to 2032, driven by growing adoption of industrial automation across various sectors, including manufacturing, oil and gas, utilities, transportation, and mining.

The consumer electronics segment to maintain its leadership status throughout the forecast period.

Based on industry vertical, the consumer electronics segment held the highest market share in 2022, accounting for more than half of the global AC-DC power supply adapter market revenue, and is estimated to maintain its leadership status throughout the forecast period, as it is known for its small size & flexibility, and it is widely used for TVs, PCs, tablets, smartphones, wearables, speakers and headphones, digital cameras, gaming consoles, and augmented reality (AR) and virtual reality (VR) devices. Moreover, the industrial segment is projected to manifest the highest CAGR of 9.3% from 2023 to 2032, driven by growing adoption of industrial automation across various sectors, including manufacturing, oil and gas, and others.

The direct sales segment to maintain its leadership status throughout the forecast period.

Based on sales channel, the direct sales segment held the highest market share in 2022, accounting for more than three-fourths of the global AC-DC power supply adapter market revenue, and is estimated to maintain its leadership status throughout the forecast period, as most of the customers prefer buying the adapters directly from the manufacturers, as it provides warranty and guarantee for a period of time. Moreover, the indirect sales segment is projected to manifest the highest CAGR of 9.7% from 2023 to 2032, as manufacturers can access a larger consumer base and increase their market presence owing to the enormous reach and established networks of intermediaries including wholesalers, distributors, and retailers. Since these intermediaries already have connections to retailers and end consumers, more markets can be served, and distribution can be done effectively.

Asia-Pacific to maintain its dominance by 2032.

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global AC-DC power supply adapter market revenue. This region is expected to witness the fastest CAGR of 9.2% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to the increase in infrastructure of utilities and increase in sales of consumer electronics.

Want to Access the Statistical Data & Graphs, and Key Players' Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/12788

Leading Market Players:

The report provides a detailed analysis of these key players of the global AC-DC power supply adapter market. These players have adopted different strategies such as product development, and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits For Stakeholders:

AC-DC Power Supply Adapter Market Key Segments:

By Type:

By Application:

By Industry Vertical:

By Sales Channel:

By Region:

Procure Complete Report (423 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3O7zqnL

Trending Reports in Semiconductor and Electronics Industry (Book Now with 10% Discount + COVID-19 Scenario):

High Voltage Direct Current (HVDC) Capacitor Market By Type (Plastic Film Capacitor, Aluminum Electrolytic Capacitor, Ceramic Capacitor, Tantalum Wet Capacitor, Reconstituted Mica Paper Capacitor, Glass Capacitor, and Others), Technology (Line Commutated Convertors and Voltage-sourced Convertors), Installation Type (Open Rack Capacitor Banks, Enclosed Rack Capacitor Banks), and Pole Mounted Capacitor Banks), and Application (Commercial, Industrial, Energy & Power, Defense, and Others): Opportunity Analysis and Industry Forecast, 2021-2030

DC-DC Converter Market By Input Voltage (5-36V, 36-75V, 75V, and Above), Output Voltage (3.3V, 5V, 12V, 15V, and Above), Mounting Style (Surface Mount and Through Hole), and Application (Smartphone, Servers & Storage, EV Battery Management Unit, Railway, and Medical Equipment): Global Opportunity Analysis and Industry Forecast, 2020-2027

Film Capacitor Market By product (AC and DC), Type (Paper Film Capacitor and Plastic Film Capacitor) and Industry Vertical (Automotive, Power and Utilities, Consumer Electronics, Telecommunication, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

3D Printing Market By Technology (Stereolithography (SLA), Selective Laser Sintering (SLS), Electron Beam Melting (EBM), Fused Deposition Modeling (FDM), Laminated Object Manufacturing (LOM), Others), and Application (Consumer Electronics, Industrial, Aerospace, Automotive, Healthcare, Defense, Education and Research, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2030

Power Bank Market By Battery Type (Lithium Ion and Lithium Polymer), Power Rating (Up to 3000 mAh, 3,001 - 8,000 mAh, 8,001 - 20,000 mAh, and Above 20,000 mAh), Distribution Channel (Online and Offline), and Price Range (Low, Mid-Range, and Premium Range): Global Opportunity Analysis and Industry Forecast, 2020-2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesUSA/Canada (Toll Free):+1-800-792-5285, +1-503-894-6022UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: +1(855)[email protected]

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

SOURCE Allied Market Research