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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