PUBLISHER: 360iResearch | PRODUCT CODE: 1466421
PUBLISHER: 360iResearch | PRODUCT CODE: 1466421
[182 Pages Report] The AC-DC Power Supply Market size was estimated at USD 19.55 billion in 2023 and expected to reach USD 20.86 billion in 2024, at a CAGR 7.21% to reach USD 31.84 billion by 2030.
The AC-DC power supply is a vital component in the field of electronics and power systems responsible for transforming the fluctuating AC voltage, which is delivered via electrical outlets, into the stabilized form of DC voltage. DC voltage is necessary for efficiently powering DC devices and electronic equipment such as laptops, televisions, mobile phones, and data centers. AC-DC power supplies are used primarily in a wide variety of electronic devices and grid-interactive equipment that necessitate power conversion from alternating current (AC) to direct current (DC). The increasing need for energy-efficient devices and growing demand from diverse industries such as home appliances, medical, and automotive propelled the AC-DC power supply market. However, stringent government regulations and cybersecurity issues pose further challenging factors to growth. Furthermore, the advent of IoT devices and smart home systems, along with the overlaps with EV infrastructure, presents fertile ground for potential opportunities in the market.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 19.55 billion |
Estimated Year [2024] | USD 20.86 billion |
Forecast Year [2030] | USD 31.84 billion |
CAGR (%) | 7.21% |
Output: Rising developments in variable-output AC-DC power supply providing flexibility to adjust output voltage
A multiple-output AC-DC power supply system is designed to deliver power to various devices and components simultaneously. Multiple-output AC-DC power supply system preferred in settings requiring power supply to multiple devices without the need for separate power sources. Regulated AC-DC power supply systems offer unmatched voltage stability unaffected by variations in input voltage and load. Regulated AC-DC power supply systems are favored in applications where voltage stability is critical, such as in scientific labs, medical facilities, and sensitive electronics. Single-output AC-DC power supplies are used to provide power to a single device and component. Single-output AC-DC power supplies are preferred for uses where a single, swift, and reliable energy source is required. Variable-output AC-DC power supply systems offer the flexibility to adjust the output voltage and current as per requirements. Variable-output AC-DC power supply is generally preferred for applications needing constant changes in voltage and current levels.
Product: Growing utilization of encapsulated AC-DC power supplies as it provides protection against harsh environments
A configurable type AC-DC power supply provides users with the flexibility to alter the output voltages and current according to their requisite specifications. Need-based preferences for this type are seen in industries that require tailor-made solutions, such as healthcare and communications. A DIN rail AC-DC power supply is designed for easy installation on standardized DIN rails in automation and control systems. Industries with a critical need for this subtype are industrial automation, process control, and building automation. Enclosed/Encapsulated AC-DC power supplies are ideal for offering superior protection against harsh environments and electrical noise. The encapsulation improves reliability and longevity, making them fit for harsh industrial, marine, and automotive applications. Open Frame AC-DC power supplies are typically small, lightweight, and designed for integration into other equipment or systems. They are highly preferred in compact electronic devices such as telecommunication equipment and medical devices. PCB mount AC-DC power supplies are designed for direct installation onto circuit boards. These are extensively utilized in telecom, IT, and consumer electronics, where size and weight are stringent constraints.
Type: Growing preference for linear AC/DC power supplies in highly sensitive electronic institutions, including hospitals and precision manufacturing firms
Linear AC/DC power supplies are a traditional type of power supply known for their simplicity, excellent load regulation, and low output noise. In contrast to more advanced switching designs, linear power supplies operate by using a power transformer to lower voltage from an AC input, followed by an array of pass transistors to adjust output voltage. Switching AC/DC power supplies, on the other hand, are a more complex yet highly efficient type of power supply. They convert the input AC into DC and then switch it on and off at a high frequency, followed by another conversion to output the required level of DC voltage. The benefit of the switching design is significant efficiency improvements, which translate into less electricity consumption and less heat generation.
Application: Expanding applications of AC-DC power supply in aerospace and defense sector with increased demand for reliability and precise power systems
The demand for AC-DC power supplies in the Aerospace and defense sector is driven by the need for reliable and efficient power systems. These devices are primarily used to power precision instruments and navigational systems in aircraft and military vehicles. In the Building and construction sector, AC-DC power supplies are required for doors and gates, elevators, security systems, and lighting solutions. In the Building and construction sector, AC-DC power supplies are required for doors and gates, elevators, security systems, and lighting solutions. The Energy and utility sector presents a significant opportunity for AC-DC power supply application with its use in renewable energy systems, hydroelectric power stations, and nuclear power plants.
Regional Insights
The ongoing technological advancements and an increase in consumer needs for AC-DC power supplies in sectors such as renewable energy, healthcare, and telecommunications are shaping the market growth across the American region. Well-established energy infrastructure across the American region fosters new innovations in the market. The European Union is at the forefront of researching and developing renewable energy technologies where AC-DC power supplies play a crucial role. The European Union regulations and safety standards ensure product safety and reliability and increase the deployment of AC-DC power supplies across the region. The Middle East and Africa region showed significant growth supported by the research and development and expanding manufacturing units of AC-DC Power supply adapters across this region. The Asia Pacific region, encompassing China, Japan, and India, is critically advancing in the AC-DC power supply solutions by continuous growth in the communication & technology sectors. Rapid advancements in the technology sector, thereby increasing the demand for reliable power supply solutions. Moreover, a significant rise in investment by major players due to a rise in investment in the consumer electronics industry drives the market growth in the APAC region.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the AC-DC Power Supply Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the AC-DC Power Supply Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the AC-DC Power Supply Market, highlighting leading vendors and their innovative profiles. These include Advanced Energy Industries, Inc., Advantech Co., Ltd., Ametek Inc., Astrodyne TDI Corporation, B&K Precision Corporation, Camtec Power Supplies GmbH, CUI Inc, Delta Electronics, Inc., Deutronic Elektronik GmbH, Dyna Hitech Power Systems Ltd., EPS Stromversorgung GmbH, FEAS GmbH, Future Electronics, GlobTek, Inc., Micro Power Direct LLC, Mornsun Guangzhou Science & Technology Co., Ltd., Murata Manufacturing Co., Ltd., Powersolve Electronics Ltd., Powertron India Private Limited, R Baker (Electrical) Ltd, RECOM Power GmbH, Scientech Technologies Pvt. Ltd., TDK Corporation, TEKTRONIX, INC., Traco Electronic Company Limited, and XP Power LLC.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the AC-DC Power Supply Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the AC-DC Power Supply Market?
3. What are the technology trends and regulatory frameworks in the AC-DC Power Supply Market?
4. What is the market share of the leading vendors in the AC-DC Power Supply Market?
5. Which modes and strategic moves are suitable for entering the AC-DC Power Supply Market?