Global Switch Mode Power Supply Transformer Market By Type and by Region

GMI Research does a thorough study that entails complete information on current trends, competitive landscape, market dynamics, scope, and opportunities of the switch-mode power supply transformer market. The continuous deployment of advanced technologies is the factor propelling the global switch mode power supply transformer market.

Introduction of Switch Mode Power Supply Transformer Market

A switched-mode power supply (SMPS) is an electronic circuit that integrates a switching device that converts electrical power efficiently and provides sufficient output voltage. The switch mode power supply transformer market are extensively utilized in these switching regulators to make a switch-mode power supply. These transformers provide isolation between the input and output sides of a switch-mode power supply by step-up and step-down. Switch-mode power supply transformers have many applications in commercial and industrial electronics such as electronic systems. A particular amount of power is needed, such as cell phones, computer power supplies, charging units, commercial power supplies, laser power supply, communication devices, lighting applications, commercial power supplies, and medical devices.

Key Players of the Market

• APX Technologies Inc.
• Prem Magnetics
• TDK Electronics AG
• Butler Winding
• Prisource Electronics Co., Ltd.
• Hang Tung Electronic Technology Co., Ltd.
• Kunshan Hengyi Electrical Appliance Co., Ltd.
• Infineon Technologies AG
• Coil Winding Specialist, Inc.
• Premier Magnetics, Inc.

Switch Mode Power Supply Transformer Market Dynamics

According to the switch-mode market report, SMPS are gaining popularity among end-users due to their lightweight, compact size, efficient power usage, and flexible power conversion. These are the significant factors that separate the SMPS from linear regulators and help stimulate the market’s growth during the forecast period. In addition, the switching transformers can operate a wide range of frequencies which removes the need for heavy frequencies transformers. The ability of SMPS to give flexible power conversion makes them idle for various applications such as security systems, machine tools used in industries, electric vehicles, and railway systems. All these factors strive for the market growth of switch-mode power supply (SMPS) transformers.

Moreover, standard move towards miniaturization of electronic components and rising inclination towards the novel technologies for energy-efficient devices, and the increasing introduction of IoT have anticipated to upkeep the market’s growth. However, the uncertainty of the supply chain and inconsistency in raw materials prices owing to the COVID-19 pandemic can restrain the market growth.

Type Segmentation Drivers

The AC to DC SMPS transformers segment foresees to rise prominently during the forecast period due to the high adoption of switch-mode power supply rather than traditional linear ac-to-dc power supplies. AC to DC SMPS transformers is lightweight, small in size, consume less power, and reduce heat dispel. Besides, AC to DC SMPS transformers is widely used in various electronic devices like phone chargers, personal computers, power amplifiers, DC motor drives, TVs, adapters, and others are additional components bolstering the growth of AC to DC SMPS transformers segment.

Application Segmentation Drivers

Based on application, the industrial application segment envisages holding the largest revenue share in the market during the forecast period owing to the rising demand for vehicles that have switch mode power supply transformers that permit DC to DC conversion of voltage. Moreover, several industries like information technology, telecommunication, electrical, automotive, and others are increasing; all these are other factors boosting the demand for switch mode power supply transformers.

Geographical Drivers

The Asia-Pacific region accounts for significant growth in the switch mode power supply transformers market during the forecast period. Developing countries like India, China, Japan, and South Korea continuously incorporate novel technologies in the electronics and automotive industries that maintain the dominance of the Asia Pacific region. Additionally, the end-users are more inclined towards energy-efficient and miniature products as their per capita disposable income has increased; all these features further bolster the growth of the switch mode power supply transformers market. North America can have an outstanding share in the switch mode power supply transformers market; this can be attributed to the adoption of advanced technology in the automotive industry. However, rapid economic development, increased standard of living, and growing adoption of electric vehicles also increased the region’s market growth.

Switch Mode Power Supply Transformer Market Segmentation

Segmentation by Type

• AC to DC
• DC to DC
• DC to AC
• AC to AC

Segmentation by Application

• Communications
• Industrial
• Consumer Electronics
• Others

Segmentation by Region

North America

• The United States of America
• Canada

Europe

• The United Kingdom
• Germany
• France
• Spain
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of APAC

RoW

• Brazil
• South Africa
• Saudi Arabia
• UAE
• Rest of RoW

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