Market Overview:
The global AC-DC converter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electronic equipment, radio signal detection, and high-speed railways. Additionally, the growing demand for energy-efficient and reliable power supplies is also contributing to the growth of this market. Based on type, the AC-DC converter market can be segmented into high-current converters, medium-current converters, and low-current converters. High current converters are used in applications that require more power than what low or medium current converters can provide. Medium current converters are used in applications such as consumer electronics and data centers where there is a moderate amount of power required.
Product Definition:
A Compact AC-DC Converter is a device that converts Alternating Current (AC) to Direct Current (DC). This is important because it allows devices that require DC power, such as computers and phones, to run off of the standard wall outlet.
High-Current Converter:
High-Current Converter (HCC) is a power electronic device used to convert high electrical currents from one or more low current circuits. HCCs are classified into two major categories, namely switching and non-switching high current converters.
Medium-Current Converter:
Medium-Current Converter (MCC) is a power electronic device that converts low voltage AC to DC and vice versa. It can handle current range from 0 to 200 A with the ability to step up or step down the output voltage. MCCs are widely used in applications such as automotive, telecom, medical equipment, industrial automation systems and solar power banks among others.
The global compact AC-DC converter market size was valued at USD 2.5 billion in 2016.
Application Insights:
The compact AC-DC converters find application in a wide range of electronic equipment, including personal computers, telecommunication devices, industrial control systems and medical equipment. The growing demand for such products is expected to be driven by the rising use of electronics in various end-use industries across the globe.
The radio signal detection segment is also expected to register significant growth over the forecast period owing to increasing usage of compact converters in wireless communication devices and radar detectors. Such technological advancements are anticipated to further propel industry expansion over the coming years.
Industrial applications include railway signaling systems, process control & automation solutions as well as material handling equipment among others which are widely used across manufacturing facilities worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The demand for compact AC-DC converters in this region is mainly driven by developing economies such as China, India, and Japan. Increasing industrialization and consumer electronics are also contributing towards regional growth. In addition, rising investments in railways and rapid transit systems across various countries including China, India, Thailand are anticipated to drive product demand further.
Europe accounted for a significant share of global market revenue owing to high technological development coupled with presence of major automobile manufacturers such as Volkswagen Group; BMW AG; Mercedes Benz AG DaimlerChrysler LLC.; Fiat Chrysler Automobiles N.V.; Ferrari S A SpA; Porsche Cars GmbH & Co., Ltd.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing popularity of AC-DC converters in renewable energy systems
- Rising demand for high-efficiency power conversion solutions
- Proliferation of Internet of Things (IoT) and smart grid technologies
- Emergence of new applications requiring compact AC-DC converters
Scope Of The Report
Report Attributes
Report Details
Report Title
Compact AC-DC Converter Market Research Report
By Type
High-Current Converter, Medium-Current Converter, Low-Current Converter
By Application
Electronic Equipment, Radio Aignal Detection, High-Apeed Railways, Others
By Companies
Kendrion, MORNSUN, Top Power, Voltronic Power, AEG Power Solutions, Maxim Integrated, CUI Inc, RECOM, Schumacher, Cosel Asia Ltd., Mean Well, TDK-Lambda, XP Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Compact AC-DC Converter Market Report Segments:
The global Compact AC-DC Converter market is segmented on the basis of:
Types
High-Current Converter, Medium-Current Converter, Low-Current Converter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Equipment, Radio Aignal Detection, High-Apeed Railways, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kendrion
- MORNSUN
- Top Power
- Voltronic Power
- AEG Power Solutions
- Maxim Integrated
- CUI Inc
- RECOM
- Schumacher
- Cosel Asia Ltd.
- Mean Well
- TDK-Lambda
- XP Power
Highlights of The Compact AC-DC Converter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High-Current Converter
- Medium-Current Converter
- Low-Current Converter
- By Application:
- Electronic Equipment
- Radio Aignal Detection
- High-Apeed Railways
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compact AC-DC Converter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A compact AC-DC converter is a small, lightweight device that converts alternating current (AC) into direct current (DC). It is used to power electronic devices such as laptops and cell phones.
Some of the major companies in the compact ac-dc converter market are Kendrion, MORNSUN, Top Power, Voltronic Power, AEG Power Solutions, Maxim Integrated, CUI Inc, RECOM, Schumacher, Cosel Asia Ltd., Mean Well, TDK-Lambda, XP Power.
The compact ac-dc converter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compact AC-DC Converter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compact AC-DC Converter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compact AC-DC Converter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compact AC-DC Converter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compact AC-DC Converter Market Size & Forecast, 2020-2028
4.5.1 Compact AC-DC Converter Market Size and Y-o-Y Growth
4.5.2 Compact AC-DC Converter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High-Current Converter
5.2.2 Medium-Current Converter
5.2.3 Low-Current Converter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic Equipment
6.2.2 Radio Aignal Detection
6.2.3 High-Apeed Railways
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compact AC-DC Converter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compact AC-DC Converter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High-Current Converter
9.6.2 Medium-Current Converter
9.6.3 Low-Current Converter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic Equipment
9.10.2 Radio Aignal Detection
9.10.3 High-Apeed Railways
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High-Current Converter
10.6.2 Medium-Current Converter
10.6.3 Low-Current Converter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic Equipment
10.10.2 Radio Aignal Detection
10.10.3 High-Apeed Railways
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High-Current Converter
11.6.2 Medium-Current Converter
11.6.3 Low-Current Converter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic Equipment
11.10.2 Radio Aignal Detection
11.10.3 High-Apeed Railways
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High-Current Converter
12.6.2 Medium-Current Converter
12.6.3 Low-Current Converter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic Equipment
12.10.2 Radio Aignal Detection
12.10.3 High-Apeed Railways
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High-Current Converter
13.6.2 Medium-Current Converter
13.6.3 Low-Current Converter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic Equipment
13.10.2 Radio Aignal Detection
13.10.3 High-Apeed Railways
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compact AC-DC Converter Market: Competitive Dashboard
14.2 Global Compact AC-DC Converter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kendrion
14.3.2 MORNSUN
14.3.3 Top Power
14.3.4 Voltronic Power
14.3.5 AEG Power Solutions
14.3.6 Maxim Integrated
14.3.7 CUI Inc
14.3.8 RECOM
14.3.9 Schumacher
14.3.10 Cosel Asia Ltd.
14.3.11 Mean Well
14.3.12 TDK-Lambda
14.3.13 XP Power
