Global Switch Mode Power Supply (SMPS) Market by Type (AC/DC, DC/DC, Others), By Application (Consumer Electronics, Industrial, Communication, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global switch mode power supply (SMPS) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the SMPS market can be attributed to the increasing demand for consumer electronics and industrial applications, and the growing trend of miniaturization in electronic devices. In terms of type, the AC/DC segment is expected to hold the largest share of the SMPS market during the forecast period. This can be attributed to factors such as rising demand for energy-efficient appliances and increased adoption of AC/DC switching regulators in consumer electronics applications.



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Product Definition:

A switch-mode power supply (SMPS) is a type of power supply that uses switching electronics to convert AC mains voltage to DC, and then uses pulse width modulation (PWM) to control the output voltage.

It is important in modern electronic equipment because it is more efficient than linear power supplies, which are based on transformer technology.

AC/DC:

AC/DC is a switch mode power supply technology that uses AC input to generate DC output. It is majorly used in SMPS ( Switch Mode Power Supply) devices which are extensively used across end-use industries such as automotive, telecom, medical and industrial among others. The growth of these end-use industries has led to the increased usage of switch mode power supplies owing to their benefits such as compact size and low cost compared to traditional linear supplies.

DC/DC:

DC/DC is a switching power supply technology that uses digital control to convert the input voltage to multiple output voltages. DC/DC converters are used in applications such as battery chargers, LED drivers, and motor drives. The increasing demand for energy-efficient products across various industries is expected to drive the global DC/DC and it's usage in SMPS market over the forecast period.

Application Insights:

The consumer electronics segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for smartphones, tablets, laptops and other related products has created a need for efficient power supply units across various countries. SMPSs are used to provide stable and sufficient power supply to consumer electronic devices such as mobile phones, cameras etc. Furthermore, they are also used in refrigerators, washing machines etc. across the globe owing to their small size and affordable prices which makes them highly suitable for mass production of these appliances globally.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for energy-efficient products in countries, such as China and India. In addition, rising disposable income coupled with expanding manufacturing sector will drive market growth further. Europe is also estimated to witness considerable growth over the coming years owing to growing adoption of power supplies in major countries, such as Germany and France.

North America held a significant share in 2016 owing to high demand from end users for efficient power supply solutions that meet stringent regulatory standards while delivering maximum output voltage accuracy within specified tolerances (±5% or ±10%).

Growth Factors:

Increasing demand for energy-efficient devices: The global market for SMPS is expected to grow at a CAGR of more than 7% from 2016 to 2020, owing to the increasing demand for energy-efficient devices.
Rising popularity of LED lighting: LED lighting is becoming increasingly popular due to its energy efficiency and long life span. This is driving the growth of the SMPS market as LEDs require a higher wattage than traditional incandescent bulbs, which in turn requires a more powerful power supply unit.
Growing adoption of uninterruptible power supplies (UPS): A UPS system helps protect electronic equipment from voltage fluctuations and power outages by providing backup power when needed. This is driving the growth of the SMPS market as UPS systems are becoming increasingly common in both commercial and residential applications.
Proliferation of portable electronics: Portable electronics such as laptops, tablets, and smartphones are growing in popularity due to their portability and convenience factor. This is fueling the growth of the SMPS market as these devices require a reliable source of power supply that can handle varying voltages and currents depending on their location or usage scenario .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Switch Mode Power Supply (SMPS) Market Research Report
By Type
AC/DC, DC/DC, Others
By Application
Consumer Electronics, Industrial, Communication, Others
By Companies
Schneider, SIEMENS, Omron, PHOENIX, TDK-Lambda, DELTA, ABB, Puls, 4NIC, Lite-On Technology, Salcomp, MOSO, MEAN WELL, DELIXI, CETC, Cosel, Weidmuller
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.

Global Switch Mode Power Supply (SMPS) Market Report Segments:
The global Switch Mode Power Supply (SMPS) market is segmented on the basis of:
Types
AC/DC, DC/DC, Others
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
Consumer Electronics, Industrial, Communication, 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:
Schneider
SIEMENS
Omron
PHOENIX
TDK-Lambda
DELTA
ABB
Puls
4NIC
Lite-On Technology
Salcomp
MOSO
MEAN WELL
DELIXI
CETC
Cosel
Weidmuller



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Highlights of The Switch Mode Power Supply (SMPS) 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:
AC/DC
DC/DC
Others
By Application:
Consumer Electronics
Industrial
Communication
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 Switch Mode Power Supply (SMPS) 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

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