![]() The consumer electronics segment garnered the maximum revenue share in the market in 2022. As the use of these devices is increasing, it is boosting the growth of the segment.īy vertical, the market is segmented into consumer electronics, telecommunications, medical & healthcare, military & aerospace, industrial, and others (food & beverages). The mobile phone and wearable devices couldn’t work without a power adaptor. Additionally, the adapter controls the voltage to the appropriate level for the gadget. The power adapter changes the outlet’s AC electricity into the DC power the wearable or mobile device needs. In order to power mobile phones as well as wearable technology, AC-DC power supply adapters are needed. The mobile phones and wearable segment acquired the largest revenue share in the market in 2022. ![]() On the basis of application, the market is divided into home appliances, computer & laptops, mobile phones & wearable, electronics, automotive, and others. The "wall wart" style of AC-DC external plug-in power supply adapter is the type that is most frequently used. It is made up of a DC socket, an AC plug, and an electrical cord. An electrical device known as an AC-DC external plug-in power adapter converts AC to DC, typically for the purpose of powering electronic equipment. The AC-DC external plug-in power adapter segment procured a considerable growth rate in the market in 2022. Therefore, this factor may limit the market’s future growth.īased on type, the market is categorized into AC-DC wall power adapter and AC-DC external plug-in power adapter. Likewise, adopting wireless charging technology can reduce the reliance on these adapters. This standard enables devices to be charged directly through USB connections without needing AC-DC power supply adapters. ![]() However, USB power delivery is a fast-charging standard that allows devices to receive higher power levels through USB ports. For example, an extremely low DC or AC source is needed to operate the latest miniature medical devices, which are still being developed. The market players now have prospects for growth due to technological developments in medical equipment. The use of AC-DC power supply adapters in various medical equipment is increasing. As a result, product consumption is projected to rise as more cutting-edge household items hit the market. This has led to an increasing use of smart devices in homes. Globally, the average person’s income is rising, enabling them to spend more on real estate as well as furnish their houses with cutting-edge technology. Some of the factors impacting the market are increasing demand for numerous consumer electronics, rising demand for AC-DC power supply adapters in medical equipment, and increasing use of alternatives and standardized adapters. New York, J(GLOBE NEWSWIRE) - announces the release of the report "Global AC-DC Power Supply Adapter Market Size, Share & Industry Trends Analysis Report By Application, By Type, By Vertical, By Regional Outlook and Forecast, 2023 - 2029".
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