The latest market intelligence report, titled ‘Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market ’, is intended to provide the target audience with the necessary information about the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market industry. The report comprises a detailed analysis of the vital elements of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market , including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects
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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Exhaustive coverage of the COVID-19 impact on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market industry is a major attraction of the report. The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
Research Report on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Addresses the Following Key Questions:
- Who are the dominant players of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
- What are the key growth drivers and restraining factors of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market and its key segments?
Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market: Competitive Analysis :
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
The research study examines historic data from 2018 and 2020 to draw forecasts until 2032. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market .
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Segments Covered in this report are:
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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Regional Segmentation;
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)
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2023-2032
TOC of the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market report:
- Chapter 1, describes the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
- Chapter 2, analyzes the key manufacturers of Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market , along with the sales, revenue, and price of Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market , in the forecast period.
- Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
- Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market, for each region, from 2020 to 2032.
- Chapters 5, 6, 7, 8 and 9, analyze the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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