Latest News- ACDC Power Supply Market: Consumer electronics is expected to lead the Application segment during 2025-2029

The ACDC Power Supply Market is being driven by Increasing demand for consumer electronics

The ACDC Power Supply Market is expected to grow at a CAGR of 6.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 12643.2 million. The global healthcare sector's expansion is fueling the growth of the ACDC power supply market, driven by advancements in medical technology and the widespread adoption of complex medical equipment. ACDC power supplies are essential for converting AC power from the grid into DC power necessary for various medical devices, ensuring their optimal performance and reliability. As the healthcare sector continues to expand and evolve, the demand for high-quality power solutions intensifies. Notably, the increasing utilization of diagnostic imaging equipment, including MRI machines, CT scanners, and ultrasound systems, underscores this trend. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Consumer electronics
  • Wireless communication and infrastructure
  • Automotive
  • Energy
  • Other
• Type
  • AC-DC
  • DC-DC
• Power Output
  • 25W-100W
  • 5W-12W
  • 13W-24W
  • Above 100W
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for consumer electronics
• Development of telecommunication infrastructure
• Increasing adoption of EVs

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations and standards on production and sale of power supplies
• Energy efficiency standards related to ACDC power supply
• Pressure to reduce costs while maintaining product quality and performance standards

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Market Scope in ACDC Power Supply Market Research Report

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Research Analysis Overview

The ACDC power supply market encompasses various aspects, including power supply design, testing, certification, integration, customization, troubleshooting, repair, maintenance, upgrade, replacement, selection, events, conferences, webinars, and training. These elements ensure the efficient and reliable operation of power supplies in various applications.

Market Research Overview

The global electronics market encompasses a diverse range of industries, including communications equipment manufacturers, technology hardware storage and peripherals, electronic equipment and instruments, electronic components, consumer electronics, industrial electronics, and electronic manufacturing services. Among these sectors, the electronic components segment is a significant contributor to the market's growth. This segment's revenue is derived from the sale of associated information communication technology and electronics products, such as AC-DC power supplies, DC power supplies, power converters, linear power supplies, power adapters, wall adapters, connectors, electron tubes, electronic capacitors and resistors, electronic coils, printed circuit boards (PCB), transformers and other inductors, and lighting products. The market's expansion will be fueled by the increasing demand for IoT devices, which are being deployed in various sectors, leading to substantial growth opportunities for electronic components manufacturers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/