The global AC-DC Power Adapter Market is projected to grow from USD 13.25 billion in 2021 to USD 22.79 billion by 2028 at a CAGR of 9.0% during the forecast period.
An AC-DC power adapter is a device that converts alternating current (AC) power from a wall outlet to direct current (DC) power that can be used by electronic devices such as laptops, smartphones, and other devices.
The adapter typically consists of a power cord that plugs into the wall outlet and a small rectangular box that contains the electronics for converting the power. The box also has a cable that plugs into the device, delivering the DC power.
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The voltage and amperage of the DC power output of an adapter can vary depending on the specific device being powered. It is important to use the correct adapter for a device to avoid damage or malfunction. Some adapters also have interchangeable tips to fit different devices.
The AC-DC power adapter market is expected to grow significantly in the coming years due to various factors. Here are some of the key growth factors:
- Increasing demand for consumer electronics: With the growing adoption of smartphones, tablets, laptops, and other electronic devices, the demand for AC-DC power adapters has increased. These adapters are used to convert AC power to DC power, which is required to charge and power electronic devices.
- Technological advancements: Technological advancements have led to the development of more efficient and compact AC-DC power adapters. The use of advanced materials, such as silicon carbide and gallium nitride, has resulted in the development of more efficient power adapters that generate less heat and consume less power.
- Rising demand for energy-efficient products: Energy efficiency has become a key concern for consumers, and this has led to the development of more energy-efficient AC-DC power adapters. These adapters consume less power, generate less heat, and have a lower environmental impact.
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Technological Advancements in Medical Devices and Consumer Electronics to Drive Growth
The need for AC-AC-DC External Plug-in Power Adapter adapters is expected to increase significantly in the second half of the forecast period, owing to large-scale improvements in the consumer electronics sector. Several current research projects in the AC-AC-DC External Plug-in Power Adapter adapter market are aimed at improving the dependability, precision, and development of cost-effective AC-AC-DC External Plug-in Power Adapter adapters.
LIST OF KEY COMPANIES PROFILED:
- Advantech Co., Ltd.
- B&K Precision Corporation
- Delta Electronics, Inc.
- Marway Power Systems, Inc.
- Huawei Technologies Co., Ltd.
- MEAN WELL Enterprises Co., Ltd.
- Microchip Technology Inc.
- Murata Power Solutions.
SEGMENTATION
By Type
- AC-DC Wall Power Adapter
- AC-DC External Plug-in Power Adapter
By Industry Vertical
- Home Appliances
- Computers & Laptops
- Mobile Phones & Wearable
- Consumer Electronics
- Automotive
- Industrial Products
REGIONAL INSIGHTS
North America is one of the largest markets for AC-DC power adapters due to the high adoption of electronic devices in the region. The region is also witnessing a growing demand for renewable energy, which is expected to drive the market further.
Europe is another significant market for AC-DC power adapters, driven by the increasing adoption of renewable energy sources, especially in countries such as Germany, France, and the UK. The region is also witnessing a growing demand for electric vehicles, which is expected to drive the demand for power adapters further.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On AC-DC Power Adapter Market
Chapter 5. Global AC-DC Power Adapter Market Overview, By Type, 2015 – 2028(USD Million)
Chapter 6. Global AC-DC Power Adapter Market Overview, By Application, 2015 – 2028(USD Million)
Chapter 7. Global AC-DC Power Adapter Market Overview, By Industry Vertical, 2015 – 2028(USD Million)
Chapter 8. Global AC-DC Power Adapter Market Overview, By Geography, 2015 – 2028(USD Million)
Chapter 9. North America AC-DC Power Adapter Market Overview, By Countries, 2015 – 2028(USD Million)
Chapter 10. Europe AC-DC Power Adapter Market Overview, By Countries, 2015 – 2028(USD Million)
….Continued
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