The global Alternating Current-Direct Current (AC-DC) power supply adapter market size was USD 11.16 Billion in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period, according to the latest analysis by Emergen Research. Rapid expansion of electric vehicles across the globe is a major factor driving market revenue growth.
Revenue growth of the Alternating Current-Direct Current (AC-DC) power supply adapter market is driven by global adoption of Electric Vehicles (EVs). The electric vehicle market is experiencing remarkable growth, with sales surpassing 10 million in 2022. The proportion of electric cars in total sales has more than tripled in just three years, rising from approximately 4% in 2020 to 14% in 2022. This momentum is expected to continue in 2023, with strong sales expected to persist. In the first quarter of 2023, over 2.3 million electric cars were sold, marking a significant 25% increase compared to the same period the previous year. The outlook for the entire year remains promising, with an estimated 14 million electric car sales by the end of 2023, representing a notable 35% year-on-year surge. This growth is expected to accelerate further in the second half of the year as new purchases continue to rise. The demand for the infrastructure needed to allow charging for electric vehicles is rising as their uptake soars. Adapters for converting alternating current from the grid to direct current needed to charge an electric vehicle's batteries are crucial parts of EV charging stations. In addition, there is a rising demand for portable charging options including home charging units and portable chargers that use AC-DC power supply adapters due to the popularity of electric vehicles. The automotive industry's rapid shift toward electric mobility is consequently spurring investments in charging infrastructure, thus creating a high demand for AC-DC power supply adapters globally and driving substantial revenue growth for companies operating in this market.
The Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market research report is a detailed document outlining the recent advancements and developments in the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market business sphere considering 2019 as the base year and 2024- 2033 as the forecast timeline.
The report is updated with the impact of the COVID-19 pandemic on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market . Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market .
Download Free Sample Report of Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market @ https://www.emergenresearch.com/request-sample/2234
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Alternating Current-Direct Current (AC-DC) Power Supply Adapter. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
Key companies profiled in the report include:
STMicroelectronics, TDK Corporation, Advantech, Infineon Technologies, Microchip Technology Inc., Murata Manufacturing Co., Ltd., Texas Instruments, XP Power, Artesyn Embedded Power, Vicor Corporation, Mornsun Guangzhou Science Technology Co., Ltd., and Recom Power
Key inclusions of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market report:
COVID-19 effects on Alternating Current-Direct Current (AC-DC) Power Supply Adapter market growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/alternating-current-direct-current-power-supply-adapter-market
The Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Research Report offers a critical analysis of the competitive landscape, profiling key industry players, their market position, product portfolios, and recent developments. The report provides actionable insights that enable companies to adapt and stay resilient in an ever-evolving market environment. By offering a holistic view of the competition, businesses can better formulate strategies to enhance their market presence
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
- AC-DC Wall Power Adapter
- AC-DC External Plug-in Power Adapter
- AC-DC Mountable Power Supply Adapter
- Others
Input Voltage Outlook (Revenue, USD Billion; 2019-2032)
- 24V
- 25-50V
- 50V
Output Power Outlook (Revenue, USD Billion; 2019-2032)
- 50W
- 50-100W
- 101-250W
- 251-500W
- 501-1000W
- 1000W
Regional Analysis:
The global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market growth is influenced by distinct regional factors. North America and Europe dominate, thanks to cutting-edge technology and well-established regulatory systems, but face hurdles like supply chain disruptions and compliance complexities. Asia-Pacific, led by China and India, is witnessing robust growth due to urban development and surging consumer demand. In contrast, Latin America, the Middle East, and Africa, while showing promising growth potential due to economic changes and investment inflows, struggle with political uncertainty and infrastructure deficiencies, impacting long-term growth prospects.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/2234
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
What are the key product types and applications of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market by 2027?
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/2234
Look Over transcripts provided by Emergen Research @
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market Size
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market Share
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market Trends
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Regional Market Demand
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market Analysis
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market Top Companies
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market News
Tunnel Oxidized Passivated Contact (TOPCON) Solar Cell Market Executive Summary
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
