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2021
Ac-dc Power Supply Adapter Market

AC-DC Power Supply Adapter Market By Type (AC-DC Wall Power Adapter and AC-DC External Plug-in Power Adapter), By Application (Home Appliances, Computers & Laptops, Mobile Phones & Wearable, Consumer Electronics, Automotive, Industrial Products, and Others), and By Industry Vertical (Lighting, Consumer Electronics, Telecommunications, Transportation, Food & Beverages, Medical & Healthcare, Military & Aerospace, and Industrial): Global Opportunity Analysis and Industry Forecast, 2021–2030

A12423
Pages: NA
Sep 2021 | 325 Views
   
Author(s) : Vijay Poola
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COVID-19

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AC-DC Power Supply Adapter Market Outlook - 2030

AC-DC power supply adapter is an external power supply. It is designed to use with devices, which run on battery and have no other external power source. AC-DC power supply adapter provides safety by converting high voltage into low voltage to the devices, which are handled by the user such as electric irons, hair dryer, and many others. Properties of AC-DC power supply adapter, which make them desirable include adaptability, durability, and significant use as safety device. All these factors are assisting the growth for AC-DC power supply adapter market.

Technological advancement in IOT create opportunities for AC-DC power supply adapter and help to penetrate more in the market by providing much more low power output of just few watts. The innovative and diversified application areas for AC-DC power supply adapter uses include telecommunication, transportation, and food & beverages.

The global AC-DC power supply adapter market is segmented on the basis of type, application, industry vertical, and region. Based on type, the market is divided into AC-DC wall power adapter and AC-DC external plug-in power adapter. In terms of application, the market is categorized into home appliances, computers & laptops, mobile phones & wearable, consumer electronics, automotive, industrial products, and others. On the basis of industry vertical, the market is divided into lighting, consumer electronics, telecommunications, transportation, food & beverages, medical & healthcare, military & aerospace, and industrial. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global AC-DC power supply adapter industry include B&K Precision Corporation, Delta Electronics, Inc., ETA-USA, Huawei Technologies Co., Ltd AMETEK, Keysight Technologies, TDK Lambda, Chroma ATE, Good Will Instrument, Rohde & Schwarz, and B&K Precision, MEAN WELL, Tektronix, Matsusada Precision, Kikusui Electronics, and Itech Electronic. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global AC-DC power supply adapter market.

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available for Years

 2020–2030

 Base Year Considered

 2020

 Forecast Period

 2021–2030

 Forecast Unit

 Value (USD)

 Segments Covered

 Type, Application, Industry Vertical, and Region

 Regions Covered

 

North America (the U.S. and Canada), Europe (Germany, the UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

 Companies Covered

B&K Precision Corporation, Delta Electronics, Inc., ETA-USA, Huawei Technologies Co., Ltd AMETEK, Keysight Technologies, TDK Lambda, Chroma ATE, Good Will Instrument, Rohde & Schwarz, and B&K Precision, MEAN WELL, Tektronix, Matsusada Precision, Kikusui Electronics, and Itech Electronic.

 

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic has severely affected businesses of almost all industries. While the COVID-19 pandemic crisis unfolds, regulatory bodies across the world are in the compulsion to impose strict lockdown and travel bans. Moreover, this has drastically affected the growth of the AC-DC power supply adapter market.

Attributed to the COVID-19 pandemic, the supply chain systems were disrupted and strict instruction of governing bodies to follow social distancing norms forced the industries to work with minimal workforce, which led to the decrease in production rate of industries. Thus, all these factors negatively contribute to the AC-DC power supply adapter market.

However, after the COVID-19 pandemic, diversified and innovative applications of AC-DC power supply adapter, such as lighting, consumer electronics, telecommunications, transportation, food & beverages, medical & healthcare, military & aerospace, and industrial, will drive the growth of the AC-DC power supply adapter market forecast.

Top Impacting Factors

The increasing popularity of smartphones & other electronic devices and the use of smartphones &other electronic devices in the market increase the need for innovative and advanced technology in electronic devices. This increase in need for innovative and advance technology provides demand for production and supply of AC-DC power supply adapters for charging and operating these electronic products.

Almost all consumer electronics and office equipment and most households have 5-10 devices that use AC & DC adapters such as cordless phones, cell phones, answering machines, and hair dryers. Therefore, increase in the implementation of home and building automation systems surges the demand for AC-DC power supply adapters in the market.

The increased demand for gallium nitride (GaN) and silicon carbide (SiC) devices due to their fast charging capabilities has a direct impact on the expansion of the AC-DC power supply adapter industry.

There are many domestic registered manufacturers in China, wherein the switching power supply industry continues to expand, with the number of switching power supply devices suppliers continuing to grow. Therefore, increase in the need for AC-DC power supply adapters increases the demand for AC-DC power supply adapters in the market growth.

The sale of substandard goods in the gray market is a serious problem. The term "gray market" refers to the trading of goods through distribution channels not authorized by the original manufacturer or brand owner. These local producers fully met the demand and increase the number of local products. Attributed to this, AC-DC power supply adapter is made of inferior materials. The final product is also inferior. This factor has a negative impact on the global AC-DC power supply adapter.

Penetration in Healthcare

In the healthcare sector, to fulfill the increasing demand for safe and constant power sources, AC-DC power supply adapters are deployed. R&D in the healthcare sector provides new opportunities, which are penetrating in the AC-DC power supply adapter market for improving patient care. It is expected that the treatment for various diseases will bring huge opportunities to participants in the modern AC-DC power supply adapter. Thus, adoption of products in healthcare provides demand for AC-DC power supply adapters in the market.

Surge in Usage in Consumer Electronics

AC-DC power supply adapter has promoted the rapid growth of the consumer electronics industry. There is increasing acceptance of home and building automation in the consumer electronics and rising need for AC/DC charging stations and AC-DC converters in consumer electronics used in home and building automation. Thus, the need for AC-DC power supply adapter in consumer electronics provides the demand for AC-DC power supply adapters in the market.

Key Segments Covered

Segment

Sub-Segment

 Type

  • AC-DC Wall Power Adapter
  • AC-DC External Plug-in Power Adapter

 Application

  • Home Appliances
  • Computers & Laptops
  • Mobile Phones & Wearable
  • Consumer Electronics
  • Automotive
  • Industrial Products
  • Others

 Industry Vertical

  • Lighting
  • Consumer Electronics
  • Telecommunications, Transportation
  • Food & Beverages
  • Medical & Healthcare
  • Military & Aerospace
  • Industrial


Key Benefits of the Report

  • This study presents the analytical depiction of the AC-DC power supply adapter market share along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global AC-DC power supply adapter market trends.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the global AC-DC power supply adapter market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global AC-DC power supply adapter market analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the AC-DC Power Supply Adapter Market Research Report

  • Which are the leading players active in the AC-DC power supply adapter market size?
  • What are the detailed impacts of COVID-19 on the AC-DC power supply adapter market?
  • What current trends will influence the AC-DC power supply adapter market in the next few years?
  • What are the driving factors, restraints, and opportunities in the AC-DC power supply adapter market?
  • What future projections would help in taking further strategic steps?
 
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