Dublin, Oct. 24, 2022 (GLOBE NEWSWIRE) — Added the Switch Mode Power Supply Transformers Global Market Report 2022 ResearchAndMarkets.com Offer.
The global Switching Power Supply Transformer market is forecast to grow from US$1.63 billion in 2021 to US$1.73 billion in 2022 at a compound annual growth rate (CAGR) of 6%. The Switching Power Supply Transformer market is expected to reach US$1.96 billion in 2026 at a CAGR of 3.3%.
The main types of switching power supply transformers are AC to DC, DC to AC, DC to AC and AC to DC. The AC-to-DC type is used to convert alternating current (AC) main power to direct current (DC) output voltage with excellent efficiency. When the power is switched on, the AC mains power is filtered by a capacitor so that it can be converted from AC power to unregulated DC power using rectifiers. The switching transformer then converts this unregulated DC voltage via a regulator into a regulated output DC voltage at different voltage levels. The different types of end users include consumer electronics, communications, industrial and others.
North America was the largest region in the Switching Power Supply Transformers Market in 2021. Asia Pacific is projected to be the fastest growing region during the forecast period. The regions covered in the Switching Power Supply Transformers market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The growing demand from end-users for consumer electronics in the power supply transformers market is expected to drive the growth of the switching power supply transformers market during the forecast period. The demand is mainly due to the superior performance of switch mode power supplies (SMPS) over linear regulators because the switching transistor draws less current when operating as a switch.
Almost all electronic devices are equipped with switching power supplies. For example, according to the Economic Times, an India-based daily, the overall market for consumer electronics and home appliances in India has grown by 9% in calendar year 2021 compared to the year before the pandemic, ranging from smartphones to washing machines and wearables. Computer sales increased by 87% in 2021 compared to 2019, while major appliances such as refrigerators, air conditioners and washing machines increased by 10%, kitchen and small appliances increased by 13%, and overall mobile phone sales increased by 4%. Smartphone sales also increased by 8%. Hence, the growing end-user demand for consumer electronics drives the growth of the Switching Power Supply Transformer market.
The development of eco-friendly product variants is a major trend that is gaining popularity in the switching power supply transformer market. Product assessment standards such as developing and designing products with minimal overall environmental impact by identifying key environmental aspects throughout the product life cycle during the concept and planning stages, improving in the development phase, and conducting comprehensive assessments are followed as a means of designing environmentally conscious products.
scope
Covered Markets:
1) By Type: AC to DC; DC to DC; direct current to alternating current; AC to DC
2) By End-User: Consumer Electronics; Communication; Industrial; Other End Users
Main topics covered:
1. Summary
2. Switching Power Supply Transformers Market Characteristics
3. Switching Power Supply Transformers Market Trends and Strategies
4. Impact of COVID-19 on switching power supply transformers
5. Switching Power Supply Transformers Market Size and Growth
6. Switching Power Supply Transformers Market Segmentation
7. Switching Power Supply Transformers Regional and Country Analysis
8. Asia-Pacific Switching Power Supply Transformers Market
9. Switching Power Supply Transformers Market in China
10. India Switching Power Supply Transformer Market
11. Japan switching power supply transformer market
12. Australia market for switching power supply transformers
13. Indonesia Switching Power Supply Transformers Market
14. South Korea Switching Power Supply Transformer Market
15. Western Europe switching power supply transformer market
16. UK Switching Power Supply Transformer Market
17. Germany market for switching power supply transformers
18. France market for switching power supply transformers
19. Switching Power Supply Transformers Market in Eastern Europe
20. Russia market for switching power supply transformers
21. North America Switching Power Supply Transformers Market
22. US Switching Power Supply Transformer Market
23. South America Switching Power Supply Transformers Market
24. Brazil market for switching power supply transformers
25. Middle East Switching Power Supply Transformers Market
26. Africa Switching Power Supply Transformer Market
27. Switching Power Supply Transformers Market Competitive Landscape and Company Profiles
28. Major mergers and acquisitions in the switching power supply transformer market
29. Future outlook and potential analysis for Switching Power Supply Transformers market
30. Appendix
companies mentioned
For more information about this report, visit https://www.researchandmarkets.com/r/ol7spo
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