Global Switching Power Supply Market Growth 2025-2031

Global Switching Power Supply Market Growth 2025-2031

The global Switching Power Supply market size is predicted to grow from US$ 30140 million in 2025 to US$ 40030 million in 2031; it is expected to grow at a CAGR of 4.8% from 2025 to 2031.

A switched-mode power supply (switching-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.

Global key players of switching power supply include DELTA, Lite-On Technology, MEAN WELL, Chicony Power, Siemens, etc. The top five players hold a share about 38%. The global switching power supplies are mainly produced in Europe, China and Japan, they occupied for a share over 47%. The largest market is Asia-Pacific, holds a share about 78%, followed by North America and Europe, with around 10% and 9% market share respectively.

LP Information, Inc. (LPI) ' newest research report, the “Switching Power Supply Industry Forecast” looks at past sales and reviews total world Switching Power Supply sales in 2024, providing a comprehensive analysis by region and market sector of projected Switching Power Supply sales for 2025 through 2031. With Switching 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 Power Supply industry.

This Insight Report provides a comprehensive analysis of the global Switching 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 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 Power Supply market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Switching 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 Power Supply.

This report presents a comprehensive overview, market shares, and growth opportunities of Switching 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
Telecom
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 Power Supply market?

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

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

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

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

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