Global AC And DC Adapters Market 2024-2028
The AC and DC adapters market is forecasted to grow by USD 3403.99 mn during 2023-2028, accelerating at a CAGR of 4.09% during the forecast period. The report on the AC and DC adapters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of premium smartphones in emerging economies, emergence of hybrid smartwatches and increasing demand for smartwatches, and growing demand for laptops and tablets in educational institutions.
Technavio's AC and DC adapters market is segmented as below:
By Application
- Smartphones
- Laptops
- Tablets
- Others
By Type
- Wall adapters
- Desktop adapters
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the expansion of AC and DC adapters production facilities and new product launches by market vendors as one of the prime reasons driving the AC and DC adapters market growth during the next few years. Also, increasing adoption of gaming laptops and growth of corporate sector will lead to sizable demand in the market.
The report on the AC and DC adapters market covers the following areas:
- AC and DC adapters market sizing
- AC and DC adapters market forecast
- AC and DC adapters market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AC and DC adapters market vendors that include AcBel Polytech Inc., Belkin International Inc., Chicony Power Technology Co. Ltd, CUI Inc, Delta Electronics Inc., Flex Ltd., FSP Group, LITE ON Technology Corp., Mean Well Enterprises Co. Ltd., MINMAX Technology Co. Ltd., MOMAX Technology HK Ltd., Mornsun Guangzhou Science and Technology Co, Ltd., Orico Technologies Co. Ltd, Panasonic Holdings Corp., Phihong USA Corp., Salcomp PLC, Salom America Co., SynQor Inc., TDK Corp., and XP Power. Also, the AC and DC adapters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.