Global Switch Mode Power Supply Transformers Market Size study & Forecast, by Product type (AC to DC, DC to DC, DC to AC, AC to AC) by Application (Industrial, Consumer Electronics), and Regional Analysis, 2022-2029

Global Switch Mode Power Supply Transformers Market Size study & Forecast, by Product type (AC to DC, DC to DC, DC to AC, AC to AC) by Application (Industrial, Consumer Electronics), and Regional Analysis, 2022-2029

Global Switch Mode Power Supply Transformers Market is valued approximately USD XXX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Switch mode transformers or SMPS transformers and switch mode power supply transformers, are used to regulate the power supplies, for increasing or decreasing the current to provide isolation between the input and output sides of a switch mode power supply. The Switch Mode Power Supply Transformers market is expanding because of factors such as increasing demand for the consumer electronics and increasing usage of the industrial controlling systems.

For instance: according to Statista, the revenue generated by the consumer electronics market went from USD 1,062 Million, in the year 2022 to USD 1,294 Million, by the year end 2029. Further, according to Statista, the Global Smart TV unit sales went from 209.3 million units, in the year 2019 and is anticipated to go to 266.4 million units, by the year end 2025. Additionally, the Air Conditioner Market in India went from 6 million units, in the year 2021 to 8.1 million units, in the year 2022 and 9.8 million units, in the year 2023. However, supply chain disruptions in the market may halt market growth. The market may envisage an augmenting growth, owing to technological advancements in the IoT connected devices and increasing shift towards the miniaturization of the products.

The key regions considered for the Global Switch Mode Power Supply Transformers Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to increased demand for electronic components. North America is expected to grow significantly during the forecast period, owing to advancement in the automotive industry.

Major market player included in this report are:
ABB Group
Infineon Technologies AG
TDK Electronics AG
Sumida Corporation
Tamura Corporation
Pulse Electronics
Myrra
Siemens AG
Omron Corporation
Schneider Electric SE

Recent Developments in the Market:
 In May 2020, TDK Electronics AG introduced a new line of SMT current sensing transformers. These capacitors are small in size and monitor's the current up to 7 A at frequencies between 50 kHz and 1MHz. Higher reliability and consistency are provided by this new series of transformers owing to computerized production and laser welding technology.
 In April 2020, Infineon Technologies AG purchased Cypress Semiconductor Corporation. By acquiring Cypress Semiconductor Corporation, Infineon Technologies AG will also have access to its choice of connectivity components, microcontrollers, high-performance memories, and software ecosystems, increasing their range of products.

Global Switch Mode Power Supply Transformers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Application, and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Product Type:
AC To DC
DC To DC
DC To AC
AC To AC

By Application:
Industrial
Consumer Electronics

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

ABB Group
Infineon Technologies AG
TDK Electronics AG
Sumida Corporation
Tamura Corporation
Pulse Electronics
Myrra
Siemens AG
Omron Corporation
Schneider Electric SE

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.