Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Research Report Analysis 2022 – 2032 by Size, Share, Trends, Growth, Industry Analysis and Outlook
The Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
The global Alternating Current-Direct Current (AC-DC) power supply adapter market size was USD 11.16 Billion in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period, according to the latest analysis by Emergen Research. Rapid expansion of electric vehicles across the globe is a major factor driving market revenue growth.
Revenue growth of the Alternating Current-Direct Current (AC-DC) power supply adapter market is driven by global adoption of Electric Vehicles (EVs). The electric vehicle market is experiencing remarkable growth, with sales surpassing 10 million in 2022. The proportion of electric cars in total sales has more than tripled in just three years, rising from approximately 4% in 2020 to 14% in 2022. This momentum is expected to continue in 2023, with strong sales expected to persist. In the first quarter of 2023, over 2.3 million electric cars were sold, marking a significant 25% increase compared to the same period the previous year. The outlook for the entire year remains promising, with an estimated 14 million electric car sales by the end of 2023, representing a notable 35% year-on-year surge. This growth is expected to accelerate further in the second half of the year as new purchases continue to rise. The demand for the infrastructure needed to allow charging for electric vehicles is rising as their uptake soars. Adapters for converting alternating current from the grid to direct current needed to charge an electric vehicle's batteries are crucial parts of EV charging stations. In addition, there is a rising demand for portable charging options including home charging units and portable chargers that use AC-DC power supply adapters due to the popularity of electric vehicles. The automotive industry's rapid shift toward electric mobility is consequently spurring investments in charging infrastructure, thus creating a high demand for AC-DC power supply adapters globally and driving substantial revenue growth for companies operating in this market.
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Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Emergen Research methodology.
Key Players Operating in the Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market are:
STMicroelectronics, TDK Corporation, Advantech, Infineon Technologies, Microchip Technology Inc., Murata Manufacturing Co., Ltd., Texas Instruments, XP Power, Artesyn Embedded Power, Vicor Corporation, Mornsun Guangzhou Science & Technology Co., Ltd., and Recom Power
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The Research covers the following objectives:
To study and analyze the Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market by key regions/countries, product type and application, history data from forecast to 2032.
To understand the structure of Alternating Current-Direct Current (AC-DC) Power Supply Adapter market by identifying its various sub-segments.
Focuses on the key global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
To analyze the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market with respect to individual growth trends, future prospects, and their contribution to the total market.
Browse Detailed Alternating Current-Direct Current (AC-DC) Power Supply Adapter market Research Analysis report @ https://www.emergenresearch.com/industry-report/alternating-current-direct-current-power-supply-adapter-market
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- AC-DC Wall Power Adapter
- AC-DC External Plug-in Power Adapter
- AC-DC Mountable Power Supply Adapter
- Others
Input Voltage Outlook (Revenue, USD Billion; 2019-2032)
- < 24V
- 25-50V
- >50V
Output Power Outlook (Revenue, USD Billion; 2019-2032)
- < 50W
- 50-100W
- 101-250W
- 251-500W
- 501-1000W
- >1000W
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Geographical distribution of the includes analysis of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market leading players present in the key regions of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report offers valuable insights into the market size, share, growth rate, production and consumption rate, supply and demand ratio, import/export, revenue contribution, and strategies adopted by the prominent companies located in each region. Overall, the report offers deep insights into the current and emerging trends of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market , along with the projected growth rate over the forecast timeline.
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Research Report on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Addresses the Following Key Questions:
- Who are the dominant players of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
- What are the key growth drivers and restraining factors of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market and its key segments?
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