The global AC DC power adapters market in 2019 was approximately USD 830 million. The market is expected to grow at a CAGR of 12.7% and is anticipated to reach around USD 1,854 million by 2026.
AC DC power adapter is an external power supply that converts ac power to the dc which can be used by dc gadgets. These are used by devices that cannot run by standard supply which is mostly in AC. These devices are not able to derive voltage and power from the mains supply therefore they require external circuitry to derive useful power. Devices with no power supply and the ones which powered by a chargeable battery, both use ac dc adapters. Conventional adapters step down the voltage and convert it to dc and are supplied to the device.
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The AC DC Power Adapter market is segmented based on, application and region. On the basis of application segmentation, the market is classified into Home Appliances, Computers & Laptops, Mobile Phones & Wearables, Consumer Electronics, Automotive, Industrial Products, and Others.
The AC DC Power Adapter market research report delivers an acute valuation and taxonomy of the AC DC Power Adapter industry by practically splitting the market into the basis of different, applications, industry end-users, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
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Top Market Players
Some of the leading and top companies in the AC DC Power Adapter market contain B&K Precision Corporation Delta Electronics, Inc., ETA-USA, Huawei Technologies Co., Ltd AMETEK, Keysight Technologies, TDK Lambda, Chroma ATE, Good Will Instrument, Rohde & Schwarz, MEAN WELL, Tektronix, Matsusada Precision, Kikusui Electronics, and Itech Electronic