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The global AC adapter market is expected to grow in the forecast period of 2023-2028 at a CAGR of 3%.
The global market for AC adapters is being driven by the rising demand to convert high voltage alternating current to a lower voltage direct current. Direct current is required in devices that operate on a relatively constant voltage, such as consumer electronic devices like laptops and smartphones.
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The rise in the market ownership of these devices in the recent years, owing to expanding per capita incomes and the rising WFH culture as a result of the coronavirus pandemic. AC adapter is an external power supply which converts high voltage electricity into relatively constant voltage by providing various advantages like safety, reduced size and weight of the device, heat reduction, and ease of replacement. These are some of the factors contributing to the market growth of AC adapters.
An AC adapter refers to an external source of power supply, which is used for devices that operate on batteries or have no other power source. It is made up of a central unit that draws power from an AC outlet and then converts the power to DC.
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Based on voltage, the market can be segmented into:
The market, based on application, can be categorised into:
The EMR report looks into the regional markets of AC adapter like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The market growth of AC adapters is expected to be led by the growing number of connected devices on account of the surging popularity of IoT technology. The rise in IoT applications across industry verticals, including healthcare, industry, and retail, among others, is augmenting the need for AC adapters to convert high voltage power into DC power in order to run electronic devices. This is accelerating the growth of the market. In addition to this, the compact size of the adapters save the overall space to adjust IoT sensors, modems, and other requirements, thereby bolstering the market growth. Furthermore, these adapters protect the device from electricity fluctuations, thereby preventing the electronic device from damage. Hence, the growing applicability of IoT technology and the development of advanced technology are some of the factors expected to boost the overall market growth of AC adapters.
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The report presents a detailed analysis of the following key players in the global AC adapter market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Voltage, Application, Region |
Breakup by Voltage | 100V to 120V AC, 200V to 240V AC, 110V to 240V AC |
Breakup by Application | Smartphone, Laptop, Tablet, Feature Phone, Smartwatch, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Delta Electronics, Inc., B and K Precision Corporation, Inventus Power, Inc., Cincon Electronics Co., Ltd., TDK-Lambda Corporation, Microchip Technology Inc., Advantech Co., Ltd., Mouser Electronics, Inc., Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global AC Adapter Market Analysis
8.1 Key Industry Highlights
8.2 Global AC Adapter Historical Market (2018-2022)
8.3 Global AC Adapter Market Forecast (2023-2028)
8.4 Global AC Adapter Market by Voltage
8.4.1 100V to 120V AC
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 200V to 240V AC
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 110V to 240V AC
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global AC Adapter Market by Application
8.5.1 Smartphone
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Laptop
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Tablet
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Feature Phone
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Smartwatch
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global AC Adapter Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America AC Adapter Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe AC Adapter Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific AC Adapter Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America AC Adapter Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa AC Adapter Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Delta Electronics, Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 B and K Precision Corporation
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Inventus Power, Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Cincon Electronics Co., Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 TDK-Lambda Corporation
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Microchip Technology Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Advantech Co., Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Mouser Electronics, Inc.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global AC Adapter Market: Key Industry Highlights, 2018 and 2028
2. Global AC Adapter Historical Market: Breakup by Voltage (USD Million), 2018-2022
3. Global AC Adapter Market Forecast: Breakup by Voltage (USD Million), 2023-2028
4. Global AC Adapter Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global AC Adapter Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global AC Adapter Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global AC Adapter Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America AC Adapter Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America AC Adapter Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe AC Adapter Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe AC Adapter Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific AC Adapter Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific AC Adapter Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America AC Adapter Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America AC Adapter Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa AC Adapter Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa AC Adapter Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global AC Adapter Market Structure
The global AC adapter market is projected to grow at a CAGR of 3% between 2023 and 2028.
The market is being driven by the rising market ownership of consumer electronic devices, such as laptops and smartphones, which require lower and consistent voltages.
The growing market penetration of IoT-connected devices is augmenting the market demand for AC adapters to run these devices, which, in turn, is providing impetus to the market growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major voltages of AC adapter are 100V to 120V AC, 200V to 240V AC, and 110V to 240V AC.
The significant applications of AC adapter include smartphone, laptop, tablet, feature phone, and smartwatch, among others.
The major players in the industry are Delta Electronics, Inc., B and K Precision Corporation, Inventus Power, Inc., Cincon Electronics Co., Ltd., TDK-Lambda Corporation, Microchip Technology Inc., Advantech Co., Ltd., and Mouser Electronics, Inc., among others.
The global AC adapter market is being driven by rising demand for lower voltages of current. Aided by use in IoT-connected devices, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of voltage, the market can be divided into 100V to 120V AC, 200V to 240V AC, and 110V to 240V AC. Based on application, the market can be categorised into smartphone, laptop, tablet, feature phone, and smartwatch, among others. The major regional markets for AC adapter are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Delta Electronics, Inc., B and K Precision Corporation, Inventus Power, Inc., Cincon Electronics Co., Ltd., TDK-Lambda Corporation, Microchip Technology Inc., Advantech Co., Ltd., and Mouser Electronics, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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