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AC-DC Power Adapter Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 266 | Report ID: MRS1041


Report Description

The global AC-DC Power Adapter market size is estimated at USD 810.4 million in 2020, expanding at a CAGR of 12.5% from 2021-2027 to reach 1,499.1 million USD in 2027.

Market Dynamics

AC-DC Power Adapter market is expected to witness substantial growth over the forecast period. The growing adoption of wide-band-gap devices such as silicon carbide & gallium nitride is propelling the growth of AC-DC adapters. AC-DC power adapters convert Ac power into DC which is used by DC gadgets. The devices with no power supply and devices with a chargeable battery, both use AC-DC power adapters. The use of AC-DC power adapters allows the portability of the device. AC-DC power adapters are widely used in various industries such as medical, automotive, electronics, and home appliances.

In addition, advancements in technology, GaN, & SiC technologies have increasingly become more feasible for commercial applications. The rising prevalence of chronic diseases and conditions such as heart diseases, diabetes, obesity, stroke, cancers, and arthritis, is driving the adoption of diagnostic equipment. The growing adoption of this diagnostic equipment is boosting the demand for AC-DC power adapters. Technological innovations in the healthcare industry such as brain control interface (BCI), automated mobile wheelchairs, outpatient robotic surgeries, and mobile robots are boosting the demand for AC-DC power adapters.

North America is estimated to dominate the global market. The growing demand for AC-DC power adapters from the medical and consumer electronics industries is boosting the market growth. Europe is projected to propel at a substantial rate over the forecast period. The increasing demand for AC-DC power adapters from the advanced healthcare industry, and medical diagnostics sector is contributing to market growth. Further, Asia Pacific is expected to grow at the fastest CAGR over the forecast period.

The AC-DC Power Adapter market is fragmented into type and applications segments. Based on type, the isolated type segment is anticipated to dominate the market. By application, the medical segment is projected to grow at the highest CAGR during the forecast period.

The AC-DC Power Adapter market is highly competitive in nature with the presence of local & international players. Key players in the industry indulge in strategic partnership, merger & acquisition, and new product launches to remain competent in the industry.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of AC-DC Power adapters by type, region, and application. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • Advantech Co., Ltd.
  • B&B Electronics
  • B&K Precision Corporation
  • Delta Electronics, Inc.
  • ETA-USA
  • Huawei Technologies Co., Ltd.
  • MEAN WELL Enterprises Co., Ltd.
  • Microchip Technology Inc.
  • Motorola, Inc.
  • Murata Power Solutions
  • Phoenix Contact
  • Renesas Electronics

Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Isolated
  • Non-isolated

Application Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Consumer Electronics
  • Automotive
  • Mobile Phones & Wearables
  • Home Appliances
  • Industrial Products
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global AC-DC Power Adapter market size is estimated at USD 810.4 million in 2020, expanding at a CAGR 12.5% from 2021-2027 to reach 1,399.1 million USD in 2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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