Reports

Global AC Adapter Market to Grow at a CAGR of 3% During 2022-2027, Aided by the Compact Size of AC Adapters

AC Adapter Market

Global AC Adapter Market: By Voltage: 100V to 120V AC, 200V to 240V AC, 110V to 240V AC; By Application: Smartphone, Laptop, Tablet, Feature Phone, Smartwatch, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global AC Adapter Market Outlook

The global AC adapter market is expected to grow in the forecast period of 2023-2028 at a CAGR of 3%.

 

Rise in the Number of Consumer Electronics to Boost the Market Growth of AC Adapters

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.

 

Global AC Adapter Market

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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.

 

AC Adapter: Market Segmentation

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.

 

Global AC Adapter Market

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Based on voltage, the market can be segmented into:

  • 100V to 120V AC
  • 200V to 240V AC
  • 110V to 240V AC

The market, based on application, can be categorised into:

  • Smartphone 
  • Laptop
  • Tablet
  • Feature Phone
  • Smartwatch
  • Others

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.

 

Growing Use of AC Adapters in IoT Applications are Driving the Growth of the Market

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.

 

Global AC Adapter Market

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Key Industry Players in the Global AC Adapter Market

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:

  • 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

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.

 

Key Highlights of the Report:

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

Key Questions Answered in the Report

What is the growth rate of the global AC adapter market?

The global AC adapter market is projected to grow at a CAGR of 3% between 2023 and 2028.

What are the major industry drivers?

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.

What are the key industry trends of the global AC adapter market?

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.

What are the major regional markets of AC adapter, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major voltages of AC adapter?

The major voltages of AC adapter are 100V to 120V AC, 200V to 240V AC, and 110V to 240V AC.

What are the significant applications of AC adapter?

The significant applications of AC adapter include smartphone, laptop, tablet, feature phone, and smartwatch, among others.

Who are the key industry players, according to the report?

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.

Analyst Review

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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