AC-DC Power Adapters Market Overview:
Power adapters are external power supplies enclosed in cases similar to AC plugs. In order to power DC gadgets, AC-DC adapters convert AC energy into DC power. Devices without power supplies and those with rechargeable batteries use AC-DC power adapters. Power adapters allow AC-DC devices to be portable without bulky components, and they can be used with 120 VAC or 230 VAC mains, vehicle, or aircraft batteries with different adapters. Low-voltage, high-current processors use AC-DC power adapters. The AC-DC power adapter is a very popular item in a variety of industries, including medical, automotive, electronics, and home appliances. A growing market for AC-DC adapters is being driven by the adoption of wide-band-gap devices such as silicon carbide and gallium nitride.
As chronic diseases and conditions such as heart disease, stroke, cancer, diabetes, obesity, and arthritis become more prevalent, hospitals and diagnostic centers are adopting diagnostic equipment & systems and monitors and displays. Power supplies for ECG (Electrocardiogram) and dialysis equipment have seen an increase in demand in recent years. Moreover, chronic disease patients, especially in developed regions, are increasingly adopting Type CF (Cardiac Floating) equipment, which involves direct contact between the part applied and the heart. Due to the increasing adoption of these devices, AC-DC power adapters are becoming more popular.
Medical devices embedded in furniture and portable medical equipment for home care applications are expected to enhance market growth. AC-DC power adapters manufacturers are expected to receive significant revenue opportunities as a result of technological innovations in the healthcare industry, such as brain control interface (BCI), outpatient robotic surgeries, automated mobile wheelchairs, and mobile robots for logistical applications in healthcare facilities.
Data is currently the most valuable asset in the world. With many global-level organizations collecting huge volumes of data, electronic devices comprising of high computing power are used for processing and managing such data. As per the Semiconductor Industry Association, the memory segment is the largest growing segment of the semiconductor industry with sales of DRAM and NAND flash products on a rise along with the sales of microprocessors which shall assist in the further proliferation of the semiconductor industry. The introduction of 5G technology has opened new avenues for the growth of this industry considering its utilization in developing an IoT-friendly infrastructure in tech-based applications. With advancements in chip designing technologies per Moore's law has further aided in the fragmentation of the global semiconductor industry.
The assessment of the AC-DC Power Adapters Market is performed based on factors, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of important market players. The AC-DC Power Adapters Market is also analyzed based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of advanced market research techniques which shall help organizations evaluate the overall market scenario and strategize accordingly.
Major players included in the AC-DC Power Adapters Market:
• B&B Electronics
• Delta Electronics
• Huawei Technologies Ltd.
• Microchip Technology Inc.
• Motorola, Inc.
• ETA-USA
• Renesas Electronics
• TDK Lambda Corporation
• Murata Power Solution
• Phoenix Contact
• MEAN WELL Enterprises Co, Ltd.
(Note: The list of the major players will be updated with the latest market scenario and trends)
AC-DC Power Adapters Market Segmentation:
By Application
• Home Appliance
• Consumer Electronics
• Automotive
• Industrial Products
• Others
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
AC-DC Power Adapters Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the AC-DC Power Adapters Market by application and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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