PUBLISHER: The Business Research Company | PRODUCT CODE: 1924299
PUBLISHER: The Business Research Company | PRODUCT CODE: 1924299
Switch-mode power supply (SMPS) transformers are a specific type of transformer employed in various devices, notably in computers. These transformers are commonly utilized in commercial and industrial settings to power electronic equipment like medical devices, communication devices, and commercial power supplies. Their primary function lies in regulated power supply, where they play a crucial role in stepping up or down voltage or current and providing isolation between the input and output sides.
There are several types of switch-mode power supply transformers, including AC to DC, DC to AC, DC to AC, and AC to DC. The AC to DC variant, for instance, is designed to convert alternating current (AC) main power into direct current (DC) output voltage with high efficiency. Upon powering up, the AC main power undergoes filtration through a capacitor, transforming it from AC voltage to unregulated DC voltage using rectifiers. The switch-mode transformer then converts this unregulated DC voltage into a regulated DC output voltage at various levels using a regulator. These transformers are crucial in different voltage categories, such as distribution voltage, sub-transmission voltage, high voltage transmission, extra high voltage transmission, and ultra-high voltage transmission. They cater to diverse end-users, including consumer electronics, communications, industrial applications, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have increased the cost of imported core materials, copper windings, semiconductor switches, and magnetic components used in SMPS transformers, particularly those sourced from China and Southeast Asia. Industrial, consumer electronics, and communications sectors face higher production costs and longer supply cycles. Nonetheless, tariffs are stimulating regional manufacturing of magnetic components, encouraging localized sourcing, and driving innovation in energy-efficient transformer designs that enhance long-term manufacturing independence.
The switch mode power supply transformers market research report is one of a series of new reports from The Business Research Company that provides switch mode power supply transformers market statistics, including switch mode power supply transformers industry global market size, regional shares, competitors with a switch mode power supply transformers market share, detailed switch mode power supply transformers market segments, market trends and opportunities, and any further data you may need to thrive in the switch mode power supply transformers industry. This switch mode power supply transformers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The switch mode power supply transformers market size has grown steadily in recent years. It will grow from $1.95 billion in 2025 to $2.04 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to early adoption in regulated power supplies, increasing use of dc-dc and ac-dc converters, rising demand in consumer electronics, growth of industrial power equipment deployment, initial adoption in communication devices.
The switch mode power supply transformers market size is expected to see steady growth in the next few years. It will grow to $2.44 billion in 2030 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to rising demand for high-frequency transformers, expansion of ev and charging infrastructure, increasing integration of compact power modules, development of wide-bandgap semiconductor-based transformers, growth in renewable-powered industrial systems. Major trends in the forecast period include expansion of intelligent manufacturing power systems, adoption of sustainable high-efficiency smps designs, growth of robotic power conversion requirements, development of IoT-enabled power regulation, rise of cloud-monitored transformer performance.
The growth in renewable energy sources and applications is expected to further propel the switch mode power supply market. Renewable energy, characterized by its sustainability and minimal environmental impact, is harnessed from naturally replenishable sources. Switch mode power supply transformers play a crucial role in efficiently converting and managing electrical energy in renewable energy systems, facilitating the transformation of variable and intermittent sources like solar and wind power into stable and usable electrical power. According to a report by the International Energy Agency in March 2023, renewable energy sources, including solar and wind power, are projected to meet over 90% of the global increase in energy demand by 2025. This trend is set to drive the demand for switch mode power supply transformers.
Leading companies in the switch mode power supply transformers market are developing innovative products, such as space-grade planar transformers, to meet stringent requirements by delivering high efficiency, reduced size, and enhanced thermal management. For instance, in May 2024, Vishay Intertechnology Inc., a US-based semiconductor manufacturing company, launched a new series of low-profile, space-grade planar transformers designed for power conversion applications. These transformers are suitable for use in switch mode power supplies, DC/DC converters, and AC/DC converters. Part of the SGTPL-2516 series, these transformers stand out for their lower cost, compact size, and higher density compared to traditional planar transformers.
In April 2024, Mitsubishi Electric Corporation, a Japan-based provider of switch-mode power supply (SMPS) transformers, partnered with Hitachi Ltd. Under this partnership, Mitsubishi Electric will transfer its distribution transformer business to Hitachi Industrial Equipment Systems, thereby strengthening Japan's power distribution network. Hitachi Ltd., a multinational conglomerate based in Japan, will leverage this collaboration to enhance its capabilities in the power distribution sector.
Major companies operating in the switch mode power supply transformers market are ABB Group, Omron Corporation, Premier Magnetics, Salcomp plc, Schneider Electric SE, Siemens AG, Sumida Corporation, Tamura Corporation, TDK Corporation, Triad Magnetics, Butler Winding Inc., Bel Fuse Inc., Delta Electronics Inc., Murata Manufacturing Co. Ltd., Eaton Corporation plc, Goh Synergy Transformers Pte Ltd., Coil Winding Specialist Inc., Tri-Mag Inc., Wabash Transformer Inc., Pacific Transformer Corp.
North America was the largest region in the switch mode power supply transformers market in 2025. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the switch mode power supply transformers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the switch mode power supply transformers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The switch mode power supply market consists of sales of the buck-switching regulator, boost switching regulator, and buck-boost switching regulator. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Switch Mode Power Supply Transformers Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses switch mode power supply transformers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for switch mode power supply transformers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The switch mode power supply transformers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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