Press Release

AC DC Power Supply Adapter Market Expands with AC-DC External Plug-in Power Adapter Segment at a robust CAGR of 8.57%

The increasing global AC DC power supply adapter market is driven by rising consumer electronics demand, expanding telecommunications infrastructure during the forecast period 2024-2028.

 

According to TechSci Research report, “Global AC DC Power Supply Adapter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028, The global AC/DC power supply adapter market is a dynamic and indispensable sector within the broader electronics industry. AC/DC power supply adapters, commonly known as power bricks or chargers, serve as the critical link between electrical outlets and a wide array of electronic devices. They convert alternating current (AC) from the mains supply into direct current (DC) suitable for powering smartphones, laptops, household appliances, industrial machinery, and more.

The market for AC/DC power supply adapters is fueled by several key drivers. First and foremost, the increasing proliferation of consumer electronics, including smartphones, tablets, laptops, and wearable devices, drives substantial demand. Additionally, technological advancements in power supply solutions, such as the development of energy-efficient and compact adapters, are shaping the market's landscape.

Moreover, the industrial sector's growing emphasis on automation and Industry 4.0 initiatives has led to an increased need for specialized power supply solutions. The healthcare industry relies on power adapters for medical devices and diagnostic equipment, further boosting the market. Telecommunications, another significant sector, demands reliable power supply solutions to support expanding networks and data centers, particularly with the advent of 5G technology.

Geographically, the Asia-Pacific region dominates the global AC/DC power supply adapter market, thanks to the presence of major electronics manufacturers, strong consumer demand, and the robust growth of industrial sectors in countries like China and South Korea. North America and Europe also hold substantial market shares due to their advanced technology adoption and the continuous evolution of electronics.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global AC DC Power Supply Adapter Market."

 

The global AC DC power supply adapter market is segmented into type, application, industry vertical, sales channel, and region. Based on type, the market is segmented into AC-DC wall power adapter, AC-DC external plug-in power adapter. By application, the market is segmented into home appliances, computer & laptops, mobile phones & wearable, electronics, automotive, lighting solutions, others. By industry vertical, the market is segmented into consumer electronics, telecommunications, food & beverages, healthcare, military & aerospace, industrial, others. By sales channel, the market is segmented into direct sales, indirect sales. Based on region, the market is further bifurcated into North America, Asia-Pacific, Europe, South America, Middle East & Africa.

Based on industry vertical, consumer electronics dominated in the global AC DC Power Supply Adapter market in 2022. Consumer electronics is one of the most prominent industry verticals for AC/DC power supply adapters. This segment includes power adapters for devices such as smartphones, tablets, laptops, gaming consoles, and household gadgets. The constant introduction of new electronic products and the ever-evolving nature of consumer preferences contribute to the consistent demand for power supply solutions in this sector.

On the other hand, the telecommunications sector is another substantial contributor to the AC/DC power supply adapter market. These adapters play a crucial role in powering network infrastructure, data centers, and telecom devices. With the rapid expansion of 5G networks and the increasing demand for data connectivity, the telecommunications industry places a significant emphasis on reliable power supply solutions.

 

Key market players in the global AC DC Power Supply Adapter market are: -

  • AcBel Polytech Inc.
  • Belkin International 
  • Delta Electronics Inc.
  • Lite-On Technology Corporation
  • Mean Well Enterprises Co. Ltd.
  • TDK Corporation
  • Keysight Technologies
  • KIKUSUI Electronics Corp.
  • Ametek Inc.
  • Rohde & Schwarz

 

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“The global AC/DC power supply adapter market plays a crucial role in powering electronic devices. These adapters convert alternating current (AC) to direct current (DC) and are essential for smartphones, laptops, and various industrial applications. Growth is driven by increasing consumer electronics adoption, energy-efficient innovations, and industrial automation. Asia-Pacific leads the market due to manufacturing hubs and consumer demand, with North America and Europe also contributing significantly. Ongoing research and development efforts aim to improve efficiency and meet safety standards. As electronic device demand continues to rise, the AC/DC power supply adapter market is expected to expand further.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“AC DC Power Supply Adapter Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (AC-DC Wall Power Adapter, AC-DC External Plug-in Power Adapter), By Application (Home Appliances, Computer & Laptops, Mobile Phones & Wearable, Electronics, Automotive, Lighting Solutions, Others), By Industry Vertical (Consumer Electronics, Telecommunications, Food & Beverages, Healthcare, Military & Aerospace, Industrial, Others), By Sales Channel (Direct Sales, Indirect Sales), By Region, and By Competition, 2018-2028,” has evaluated the future growth potential of Global AC DC Power Supply Adapter Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global AC DC Power Supply Adapter Market.

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