"Actionable Insights to Fuel Your Growth"
AC adapters convert a higher-voltage alternating current to a lower-voltage direct current for use with devices that require a relatively constant voltage. Direct current is also required to recharge batteries, making AC adapters essential for electronic devices like laptops and cell phones. AC adapter is an external power supply used with devices that run on batteries or have no other power source. It helps reduce the size of a laptop computer by alleviating the need for a standard-sized power supply. AC adapter is made up of a central unit which draws power from an AC outlet. It then converts the power to DC that is used by the computer, and a second cord that plugs into the computer. There are several advantages of AC adapter like; safety, heat reduction, electronic noise reduction, weight and size reduction, ease of replacement and configuration versatility.
Based on the voltage, the market is segmented into three types, like 100V to 120V, 200V to 240V, and 110V to 240V. 100V to 120V leads the market, but later on, with the introduction of switched-mode supply, AC adapters, which are capable of working with any voltage range starting from 100V to 240V, became very much popular and is used in various types of applications in the smartphone, laptop, and smartwatch.
Key Market Driver -
Increasing consumer preference and adoption of smartphones, laptops and tablets.
Key Market Restraint -
Availability of counterfeit USB chargers.
Based on the application, the market is segmented as, smartphone, laptop, tablet, feature phone, smartwatch, and others. The laptop and tablet segment is projected to lead the market during the forecast period as they are majorly used to charge these electronic devices. They are also used to change the AC power from the electrical outlet into a particular type of voltage or power that an electronic device needs to work.
The key market driver of this market is increasing consumer preference and adoption of smartphones, laptops, and tablets, which will boost the use of AC adapter. Other market drivers are; increasing demand for fast charging and growing demand for enhanced functionalities in smartphones.
The key market restraint for the availability of counterfeit USB chargers like USB-A, USB-B, etc., which can restrict the uses and applications of the AC adapter market. Other restraints that hold the growth of AC adapter market includes leakage in the current during the charging due to the wear and tear of the internal circuit in the adapter.
Some of the major companies in the AC adapter market include Delta Electronics, B&K Precision Corporation, ETA-USA, Bel Power Solutions & Protection, Inventus Power, Cincon Electronics Co., Ltd., TDK-Lambda Americas, Spectrum Digital, B&B Electronics Ltd., Microchip Technology Inc., Advantech USA, Global Specialities, Atmel Corporation, and IBASEt.
To gain extensive insights into the market, Request for Customization
The global AC adapter market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In North America, digitalization of the education system, online retail, and continuously growing social networking is increasing the demand for tablets, smartphones, and laptops, which in turn is expected to drive the market. Asia Pacific countries like India, China, Japan, and Singapore are expected to lead the market as many of the businesses and transactions are done through smartphones and laptops. Europe region is expected to hold a significant share in the market due to the technological advancements in the AC adapter market, which will boost the use of AC adapter. In the Middle East & Africa, in a country like, UAE, Dubai Electricity and Water Authority’s (DEWA’s) smart adoption rate for its services has reached 95% and customers completed over 2.5 million smart transactions in the year 2020 which is a factor that is leading to the growth of the market. Countries like Saudi Arabia and Iran are developing the consumer electronic markets, which will lead to the growth of AC adapter.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry