AC and DC Adapters Market Share: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global AC and DC adapters market based on its segments including type, end-use, and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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AC and DC adapters represent an external power supply used with devices that function on batteries or have no other power source. They include a rectifier, a transformer, and an electronic filter. AC and DC adapters are utilized to charge various electronic and portable devices quickly and easily. They charge the devices at different voltages and aid in extending the life of the device. As a result, AC and DC adapters find numerous applications across various industries, such as automotive, electronics, medical, home appliances, etc.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience, and overall performance of businesses.
Global AC and DC Adapters Industry Trends and Drivers:
The escalating demand for consumer electronics, including smartwatches, laptops, smartphones, feature phones, portable gaming devices, etc., is primarily driving the growth of the global AC and DC adapters market. Apart from this, the elevating adoption of the Internet of Things (IoT)-enabled devices with consistent and high energy requirements is further augmenting the market growth. Moreover, the growing use of AC-DC power supply adapters in low-voltage high current processor applications is acting as another significant growth-inducing factor. Besides this, the introduction of gallium nitrate (GaN) adaptors for the transmission of higher voltages is bolstering the market growth. Furthermore, the increasing need for high-quality, reliable, and safe power supply devices in the healthcare sector is creating a positive outlook for the market. In addition to this, the widespread adoption of the Internet of Things (IoT)-enabled devices with high and consistent energy requirements is expected to fuel the growth of the global AC and DC adapters market over the forecasted period.
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Global AC and DC Adapters Market Segmentation:
The market is segmented on the basis of type, end-use, and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the global AC and DC adapters with the leading players profiled in the report.
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