Global Switching Mode Power Supply Market Growth 2024-2030

Global Switching Mode Power Supply Market Growth 2024-2030

A switching-mode power supply (switched-mode power supply, switch-mode power supply, switched power supply, SMPS, or switcher) is an electronic power supply that incorporates a switching regulator to convert electrical power efficiently. Like other power supplies, an SMPS transfers power from a DC or AC source (often mains power) to DC loads, such as a personal computer, while converting voltage and current characteristics.

The global Switching Mode Power Supply market size is projected to grow from US$ 29450 million in 2024 to US$ 37950 million in 2030; it is expected to grow at a CAGR of 4.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Switching Mode Power Supply Industry Forecast” looks at past sales and reviews total world Switching Mode Power Supply sales in 2023, providing a comprehensive analysis by region and market sector of projected Switching Mode Power Supply sales for 2024 through 2030. With Switching Mode Power Supply sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Switching Mode Power Supply industry.

This Insight Report provides a comprehensive analysis of the global Switching Mode Power Supply landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Switching Mode Power Supply portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Switching Mode Power Supply market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Switching Mode Power Supply and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Switching Mode Power Supply.

Global Switching Mode Power Supply main players are DELTA, Lite-On Technology, Chicony Power, etc. Global top three manufacturers hold a share nearly 21%. Asia-Pacific is the largest market, with a share over 71%. In terms of product type, AC/DC is the largest segment, with a share of 88%. And in terms of application, Industrial is the largest one which occupied for 48 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Switching Mode Power Supply market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
AC/DC
DC/DC
Others

Segmentation by Application:
Consumer Electronics
Industrial
Communication
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DELTA
Lite-On Technology
MEAN WELL
Chicony Power
Siemens
AcBel Polytech
Schneider
ABB
Omron
Puls
PHOENIX
TDK-Lambda
Cosel
MOSO
4NIC
Weidmuller

Key Questions Addressed in this Report

What is the 10-year outlook for the global Switching Mode Power Supply market?

What factors are driving Switching Mode Power Supply market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Switching Mode Power Supply market opportunities vary by end market size?

How does Switching Mode Power Supply break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.