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AC-DC Power Supply Adapter Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Application, by Industry Vertical, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2024-2032

AC-DC Power Supply Adapter Market Size, Share, Competitive Landscape and...

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AC-DC Power Supply Adapter Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Application, by Industry Vertical, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2024-2032
AC-DC Power Supply Adapter Market...
Report Code
RO11/128/1080

Publish Date
24/Jun/2024

Pages
200
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The global AC-DC power supply adapter market revenue was around US$ 12 billion in 2023 and is estimated to reach US$ 24.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 8% during the forecast period from 2024 to 2032.
AC-DC power supply adapters, also known as AC-DC converters or wall warts, are electronic devices that convert alternating current (AC) power from a wall socket into direct current (DC) power that can be used to power a variety of electronic devices. These adapters are commonly utilised in a wide range of applications, including charging smartphones and laptops, as well as powering small appliances and electrical devices. An AC-DC power supply adapter's principal role is to convert the high voltage and alternating current supplied by the power grid into a lower voltage and direct current that suits the requirements of the item being powered. A sequence of electronic components such as transformers, rectifiers, and voltage regulators are used to accomplish this conversion.
Factors Influencing Market Growth
- The demand for efficient, low-voltage, high-current processors is increasing. This is increasing the demand for AC-DC power supply adapters, ultimately expanding the market.
- With the advent of digital transformation and automation for AC-DC power supply adapters, the demand for AC-DC power supply adapters will increase, thus driving market growth.
- The rise in innovations in 5G Internet of Things, electric vehicles, and other electronic devices is expected to increase the demand for AC-DC power supply adapters, thus propelling market growth.
- A surge in mandatory safety standards and compliance with regulations may hinder market growth.
Impact of COVID-19
COVID-19 has given the market opportunities as well as challenges. The pandemic brought to light how important a robust power infrastructure is for enabling remote work and other critical services. It became clear to prime vendors that investing in robust electrical systems, like high voltage and current integrated circuits (ICs), was necessary to ensure a steady flow of power. The growing emphasis on resilient infrastructure is creating opportunities in the market for AC-DC power supply adapters.
Regional Insights
Asia Pacific dominated the market in 2023. This is a result of the lucrative presence of electronic component manufacturers in the area as well as the growth of the consumer electronics industry. Furthermore, the region's manufacturers stand to gain greatly from the increased digitization and demand for consumer electronics products like laptops, set-top boxes, entertainment systems, and smartphones in nations like China and India. Asia Pacific serves as a global center for the production and export of a wide range of consumer electronics goods, including televisions, radios, laptops, sound systems, and small and large household appliances.
Leading Competitors
- ETA-USA
- Huawei Technologies Co., Ltd.
- Ametek Inc.
- ITECH Electronic Co., Ltd.
- Good Will Instrument Co., Ltd.
- B&K Precision Corporation
- Keysight Technologies
- TEKTRONIX, INC.
- Chroma ATE Inc.
- KIKUSUI ELECTRONICS CORP
- Rohde & Schwarz
- Delta Electronics, Inc.
- Other Prominent Players
Segmentation Analysis
The global AC-DC power supply adapter market segmentation focuses on type, application, industry vertical, sales channel, and region.
Segmentation based on Type
- AC-DC Wall Power Adapter
- Adapter
- Wire
- AC-DC External Plug-in Power Adapter
- Adapter
- Wire
Segmentation based on Application
- Home Appliances
- Computer and Laptops
- Mobile Phones and Wearable
- Electronics
- Automotive
- Lighting Solutions
- Others
Segmentation based on Industry Vertical
- Consumer Electronics
- Computer and Mobilephone
- Home Appliance
- Others
- Telecommunications
- Telecom
- Cloud Infrastructure
- Data Center
- Food and Beverages
- Appliances
- Payment Devices
- Others
- Medical and Healthcare
- Hospital and Clinic
- Medical Equipment
- Military and Aerospace
- Equipment
- Vehicle
- Industrial
- Manufacturing Unit
- Supply and Transportation
Segmentation based on Sales Channel
- Direct Sales
- Indirect Sales
Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa

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