The Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market report offers a comprehensive analysis of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market with regards to the current and emerging trends, regional outlook, competitive landscape, and forecast estimation for revenue and market share. The report is an all-inclusive document providing important details focusing on growth statistics, estimation of revenue shares and growth, market valuation, and also emphasizes the competitive landscape, business opportunities, and strategic alliances and approaches undertaken by the dominant industry players.
The global Alternating Current-Direct Current (AC-DC) power supply adapter market size was USD 11.16 Billion in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period, according to the latest analysis by Emergen Research. Rapid expansion of electric vehicles across the globe is a major factor driving market revenue growth.
Revenue growth of the Alternating Current-Direct Current (AC-DC) power supply adapter market is driven by global adoption of Electric Vehicles (EVs). The electric vehicle market is experiencing remarkable growth, with sales surpassing 10 million in 2022. The proportion of electric cars in total sales has more than tripled in just three years, rising from approximately 4% in 2020 to 14% in 2022. This momentum is expected to continue in 2023, with strong sales expected to persist. In the first quarter of 2023, over 2.3 million electric cars were sold, marking a significant 25% increase compared to the same period the previous year. The outlook for the entire year remains promising, with an estimated 14 million electric car sales by the end of 2023, representing a notable 35% year-on-year surge. This growth is expected to accelerate further in the second half of the year as new purchases continue to rise. The demand for the infrastructure needed to allow charging for electric vehicles is rising as their uptake soars. Adapters for converting alternating current from the grid to direct current needed to charge an electric vehicle's batteries are crucial parts of EV charging stations. In addition, there is a rising demand for portable charging options including home charging units and portable chargers that use AC-DC power supply adapters due to the popularity of electric vehicles. The automotive industry's rapid shift toward electric mobility is consequently spurring investments in charging infrastructure, thus creating a high demand for AC-DC power supply adapters globally and driving substantial revenue growth for companies operating in this market.
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The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
The report aims to provide a determining analysis of the market competition to help the user make a pivotal business analysis. The complete portfolios of the key companies, including their production capacity, revenue share and size, gross margin, sales revenue and margin, growth rate, along with their business strategies and technological developments, have been discussed in the report. The companies operating in the market and profiled in the report include The report also discusses the key players involved in the market such as STMicroelectronics, TDK Corporation, Advantech, Infineon Technologies, Microchip Technology Inc., Murata Manufacturing Co., Ltd., Texas Instruments, XP Power, Artesyn Embedded Power, Vicor Corporation, Mornsun Guangzhou Science & Technology Co., Ltd., and Recom Power
Key Features of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Report:
- The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
- The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
- Evaluation of key current and emerging market trends and growth prospects
- It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
- Brief overview of industry with regards to research and development, technological advancements, and product development
- In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
Regional Landscape section of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Segmentation:
The report bifurcates the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Type Outlook (Revenue, USD Billion; 2019-2032)
- AC-DC Wall Power Adapter
- AC-DC External Plug-in Power Adapter
- AC-DC Mountable Power Supply Adapter
- Others
Input Voltage Outlook (Revenue, USD Billion; 2019-2032)
- < 24V
- 25-50V
- >50V
Output Power Outlook (Revenue, USD Billion; 2019-2032)
- < 50W
- 50-100W
- 101-250W
- 251-500W
- 501-1000W
- >1000W
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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