Global Switching Mode Power Supply Market Growth 2024-2030
The Switching Mode Power Supply market reached USD 26.34 billion in 2023, driven by the growing demand for power-efficient electronic devices across industries such as telecommunic
- Bonafide Trust
- 31-05-2024
- Pages : 83
- Figures : 83
- Tables : 162
- Region : Global
- Category : Semiconductor & Electronics
- Electronics
According to our publisher’s latest study, the global Switching Mode Power Supply market size was valued at US$ 26340 million in 2023. With growing demand in downstream market, the Switching Mode Power Supply is forecast to a readjusted size of US$ 31070 million by 2030 with a CAGR of 2.4% during review period.
The research report highlights the growth potential of the global Switching Mode Power Supply market. Switching Mode Power Supply are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Switching Mode Power Supply. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Switching Mode Power Supply market.
A switched-mode power supply (switching-mode power supply, switch-mode power supply, switched power supply, SMPS, or switcher) is an electronic power supply that incorporates a switching regulator to convert electrical power efficiently. Like other power supplies, an SMPS transfers power from a DC or AC source (often mains power) to DC loads, such as a personal computer, while converting voltage and current characteristics.
Unlike a linear power supply, the pass transistor of a switching-mode supply continually switches between low-dissipation, full-on and full-off states, and spends very little time in the high dissipation transitions, which minimizes wasted energy. Ideally, a switched-mode power supply dissipates no power. Voltage regulation is achieved by varying the ratio of on-to-off time. In contrast, a linear power supply regulates the output voltage by continually dissipating power in the pass transistor. This higher power conversion efficiency is an important advantage of a switched-mode power supply. Switched-mode power supplies July also be substantially smaller and lighter than a linear supply due to the smaller transformer size and weight.
Global Switching Mode Power Supply main players are DELTA, Lite-On Technology, Salcomp, Cosel, etc. Global top three manufacturers hold a share nearly 20%. Asia-Pacific is the largest market, with a share over 70%.
Key Features:
The report on Switching Mode Power Supply market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Switching Mode Power Supply market. It may include historical data, market segmentation by Type (e.g., AC/DC, DC/DC), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Switching Mode Power Supply market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
The global switching mode power supply (SMPS) market is expected to grow at a CAGR of 4.2% from 2023 to 2033, driven by several market drivers and challenges.
Market Drivers:
Increasing demand for energy-efficient and high-performance power supplies: The growing need for energy-efficient and high-performance power supplies in various applications such as data centers, healthcare, and automotive is driving the growth of the SMPS market.
Rising adoption of automation in various industries: The increasing adoption of automation in industries such as manufacturing, healthcare, and logistics is driving the demand for SMPS.
Growing demand from the communication sector: The growing demand from the communication sector, including 5G infrastructure and IoT devices, is expected to play a vital role in strengthening the market.
Advancements in technology: Advancements in technology, such as the development of new materials and designs, are enabling the creation of more efficient and compact SMPS.
Market Challenges:
High competition: The SMPS market is highly competitive, with many established players and new entrants vying for market share.
Stringent regulations and standards: The SMPS market is subject to various regulations and standards, such as safety and efficiency standards, which can be challenging for manufacturers to comply with.
Cost pressures: The SMPS market is subject to cost pressures, with manufacturers facing pressure to reduce costs while maintaining quality and performance.
Supply chain disruptions: The SMPS market is vulnerable to supply chain disruptions, which can impact the availability of components and finished goods.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Switching Mode Power Supply market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Switching Mode Power Supply industry. This include advancements in Switching Mode Power Supply technology, Switching Mode Power Supply new entrants, Switching Mode Power Supply new investment, and other innovations that are shaping the future of Switching Mode Power Supply.
The rapid technological advancements in the field of power electronics have led to the development of more efficient and compact switching mode power supplies (SMPS). The global SMPS market is expected to grow at a compound annual growth rate (CAGR) of 2% from 2020 to 2025, driven by increasing demand from various industries such as consumer electronics, telecommunications, and renewable energy.
The growth of the SMPS market can be attributed to several factors, including:
Increasing demand for compact and efficient power supplies in consumer electronics Growing adoption of renewable energy sources, such as solar and wind power
Rising demand for high-power density and high-frequency switching mode power supplies in industrial applications
Advancements in power electronics technology, enabling the development of more efficient and reliable SMPS
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Switching Mode Power Supply market. It includes factors influencing customer ' purchasing decisions, preferences for Switching Mode Power Supply product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Switching Mode Power Supply market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Switching Mode Power Supply market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Switching Mode Power Supply market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Switching Mode Power Supply industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Switching Mode Power Supply market.
Recommendations:
Invest in Research and Development (R&D): The market is expected to grow at a CAGR of 4.2% to 6.6% from 2023 to 2033, driven by increasing demand for consumer electronics and other applications. Investing in R&D can help companies improve efficiency, affordability, and performance of SMPS products.
Focus on Cost-Effective Manufacturing Techniques: The market is driven by the need for cost-effective manufacturing techniques and advanced raw materials. Companies should focus on developing and implementing cost-effective manufacturing processes to remain competitive.
Target Emerging Markets: The market is expected to grow significantly in emerging markets such as Asia-Pacific, Latin America, and the Middle East and Africa. Companies should target these markets to capitalize on the growing demand for SMPS products.
Develop Energy-Efficient Products: The increasing focus on energy efficiency and sustainability is driving demand for energy-efficient SMPS products. Companies should develop products that meet these requirements to stay competitive.
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Download SampleOpportunities:
Growing Demand for Consumer Electronics: The demand for consumer electronics such as smartphones, laptops, and tablets is driving the growth of the SMPS market. Companies can capitalize on this trend by developing SMPS products that meet the power requirements of these devices.
Increasing Adoption in Industrial Applications: SMPS products are being increasingly used in industrial applications such as manufacturing, healthcare, and transportation. Companies can explore these opportunities to expand their customer base and revenue streams.
Growing Demand for Renewable Energy: The increasing adoption of renewable energy sources such as solar and wind power is driving the demand for SMPS products that can efficiently convert DC power to AC power. Companies can capitalize on this trend by developing SMPS products that meet these requirements.
Growing Demand for Electric Vehicles: The growing demand for electric vehicles is driving the demand for SMPS products that can efficiently convert DC power to AC power. Companies can capitalize on this trend by developing SMPS products that meet these requirements.
Market Segmentation:
Switching Mode Power Supply market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
AC/DC
DC/DC
Segmentation by application
Consumer Electronics
Industrial
Communication
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schneider
SIEMENS
Omron
PHOENIX
TDK-Lambda
DELTA
ABB
Puls
4NIC
Lite-On Technology
Salcomp
MOSO
MEAN WELL
DELIXI
CETC
Cosel
Weidmuller
Key Questions Addressed in this Report
What is the 10-year outlook for the global Switching Mode Power Supply market?
What factors are driving Switching Mode Power Supply market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Switching Mode Power Supply market opportunities vary by end market size?
How does Switching Mode Power Supply break out type, application?
Table of Contents
- 1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
- 2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Switching Mode Power Supply Annual Sales 2019-2030
- 2.1.2 World Current & Future Analysis for Switching Mode Power Supply by Geographic Region, 2019, 2023 & 2030
- 2.1.3 World Current & Future Analysis for Switching Mode Power Supply by Country/Region, 2019, 2023 & 2030
- 2.2 Switching Mode Power Supply Segment by Type
- 2.2.1 AC/DC
- 2.2.2 DC/DC
- 2.3 Switching Mode Power Supply Sales by Type
- 2.3.1 Global Switching Mode Power Supply Sales Market Share by Type (2019-2024)
- 2.3.2 Global Switching Mode Power Supply Revenue and Market Share by Type (2019-2024)
- 2.3.3 Global Switching Mode Power Supply Sale Price by Type (2019-2024)
- 2.4 Switching Mode Power Supply Segment by Application
- 2.4.1 Consumer Electronics
- 2.4.2 Industrial
- 2.4.3 Communication
- 2.4.4 Others
- 2.5 Switching Mode Power Supply Sales by Application
- 2.5.1 Global Switching Mode Power Supply Sale Market Share by Application (2019-2024)
- 2.5.2 Global Switching Mode Power Supply Revenue and Market Share by Application (2019-2024)
- 2.5.3 Global Switching Mode Power Supply Sale Price by Application (2019-2024)
- 3 Global Switching Mode Power Supply by Company
- 3.1 Global Switching Mode Power Supply Breakdown Data by Company
- 3.1.1 Global Switching Mode Power Supply Annual Sales by Company (2019-2024)
- 3.1.2 Global Switching Mode Power Supply Sales Market Share by Company (2019-2024)
- 3.2 Global Switching Mode Power Supply Annual Revenue by Company (2019-2024)
- 3.2.1 Global Switching Mode Power Supply Revenue by Company (2019-2024)
- 3.2.2 Global Switching Mode Power Supply Revenue Market Share by Company (2019-2024)
- 3.3 Global Switching Mode Power Supply Sale Price by Company
- 3.4 Key Manufacturers Switching Mode Power Supply Producing Area Distribution, Sales Area, Product Type
- 3.4.1 Key Manufacturers Switching Mode Power Supply Product Location Distribution
- 3.4.2 Players Switching Mode Power Supply Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
- 4 World Historic Review for Switching Mode Power Supply by Geographic Region
- 4.1 World Historic Switching Mode Power Supply Market Size by Geographic Region (2019-2024)
- 4.1.1 Global Switching Mode Power Supply Annual Sales by Geographic Region (2019-2024)
- 4.1.2 Global Switching Mode Power Supply Annual Revenue by Geographic Region (2019-2024)
- 4.2 World Historic Switching Mode Power Supply Market Size by Country/Region (2019-2024)
- 4.2.1 Global Switching Mode Power Supply Annual Sales by Country/Region (2019-2024)
- 4.2.2 Global Switching Mode Power Supply Annual Revenue by Country/Region (2019-2024)
- 4.3 Americas Switching Mode Power Supply Sales Growth
- 4.4 APAC Switching Mode Power Supply Sales Growth
- 4.5 Europe Switching Mode Power Supply Sales Growth
- 4.6 Middle East & Africa Switching Mode Power Supply Sales Growth
- 5 Americas
- 5.1 Americas Switching Mode Power Supply Sales by Country
- 5.1.1 Americas Switching Mode Power Supply Sales by Country (2019-2024)
- 5.1.2 Americas Switching Mode Power Supply Revenue by Country (2019-2024)
- 5.2 Americas Switching Mode Power Supply Sales by Type
- 5.3 Americas Switching Mode Power Supply Sales by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
- 6 APAC
- 6.1 APAC Switching Mode Power Supply Sales by Region
- 6.1.1 APAC Switching Mode Power Supply Sales by Region (2019-2024)
- 6.1.2 APAC Switching Mode Power Supply Revenue by Region (2019-2024)
- 6.2 APAC Switching Mode Power Supply Sales by Type
- 6.3 APAC Switching Mode Power Supply Sales by Application
- 6.4 China
- 6.5 Japan
- 6.6 South Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 China Taiwan
- 7 Europe
- 7.1 Europe Switching Mode Power Supply by Country
- 7.1.1 Europe Switching Mode Power Supply Sales by Country (2019-2024)
- 7.1.2 Europe Switching Mode Power Supply Revenue by Country (2019-2024)
- 7.2 Europe Switching Mode Power Supply Sales by Type
- 7.3 Europe Switching Mode Power Supply Sales by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 8 Middle East & Africa
- 8.1 Middle East & Africa Switching Mode Power Supply by Country
- 8.1.1 Middle East & Africa Switching Mode Power Supply Sales by Country (2019-2024)
- 8.1.2 Middle East & Africa Switching Mode Power Supply Revenue by Country (2019-2024)
- 8.2 Middle East & Africa Switching Mode Power Supply Sales by Type
- 8.3 Middle East & Africa Switching Mode Power Supply Sales by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
- 9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
- 10 Manufacturing Cost Structure Analysis
- 10.1 Raw Material and Suppliers
- 10.2 Manufacturing Cost Structure Analysis of Switching Mode Power Supply
- 10.3 Manufacturing Process Analysis of Switching Mode Power Supply
- 10.4 Industry Chain Structure of Switching Mode Power Supply
- 11 Marketing, Distributors and Customer
- 11.1 Sales Channel
- 11.1.1 Direct Channels
- 11.1.2 Indirect Channels
- 11.2 Switching Mode Power Supply Distributors
- 11.3 Switching Mode Power Supply Customer
- 12 World Forecast Review for Switching Mode Power Supply by Geographic Region
- 12.1 Global Switching Mode Power Supply Market Size Forecast by Region
- 12.1.1 Global Switching Mode Power Supply Forecast by Region (2025-2030)
- 12.1.2 Global Switching Mode Power Supply Annual Revenue Forecast by Region (2025-2030)
- 12.2 Americas Forecast by Country
- 12.3 APAC Forecast by Region
- 12.4 Europe Forecast by Country
- 12.5 Middle East & Africa Forecast by Country
- 12.6 Global Switching Mode Power Supply Forecast by Type
- 12.7 Global Switching Mode Power Supply Forecast by Application
- 13 Key Players Analysis
- 13.1 Schneider
- 13.1.1 Schneider Company Information
- 13.1.2 Schneider Switching Mode Power Supply Product Portfolios and Specifications
- 13.1.3 Schneider Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.1.4 Schneider Main Business Overview
- 13.1.5 Schneider Latest Developments
- 13.2 SIEMENS
- 13.2.1 SIEMENS Company Information
- 13.2.2 SIEMENS Switching Mode Power Supply Product Portfolios and Specifications
- 13.2.3 SIEMENS Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.2.4 SIEMENS Main Business Overview
- 13.2.5 SIEMENS Latest Developments
- 13.3 Omron
- 13.3.1 Omron Company Information
- 13.3.2 Omron Switching Mode Power Supply Product Portfolios and Specifications
- 13.3.3 Omron Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.3.4 Omron Main Business Overview
- 13.3.5 Omron Latest Developments
- 13.4 PHOENIX
- 13.4.1 PHOENIX Company Information
- 13.4.2 PHOENIX Switching Mode Power Supply Product Portfolios and Specifications
- 13.4.3 PHOENIX Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.4.4 PHOENIX Main Business Overview
- 13.4.5 PHOENIX Latest Developments
- 13.5 TDK-Lambda
- 13.5.1 TDK-Lambda Company Information
- 13.5.2 TDK-Lambda Switching Mode Power Supply Product Portfolios and Specifications
- 13.5.3 TDK-Lambda Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.5.4 TDK-Lambda Main Business Overview
- 13.5.5 TDK-Lambda Latest Developments
- 13.6 DELTA
- 13.6.1 DELTA Company Information
- 13.6.2 DELTA Switching Mode Power Supply Product Portfolios and Specifications
- 13.6.3 DELTA Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.6.4 DELTA Main Business Overview
- 13.6.5 DELTA Latest Developments
- 13.7 ABB
- 13.7.1 ABB Company Information
- 13.7.2 ABB Switching Mode Power Supply Product Portfolios and Specifications
- 13.7.3 ABB Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.7.4 ABB Main Business Overview
- 13.7.5 ABB Latest Developments
- 13.8 Puls
- 13.8.1 Puls Company Information
- 13.8.2 Puls Switching Mode Power Supply Product Portfolios and Specifications
- 13.8.3 Puls Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.8.4 Puls Main Business Overview
- 13.8.5 Puls Latest Developments
- 13.9 4NIC
- 13.9.1 4NIC Company Information
- 13.9.2 4NIC Switching Mode Power Supply Product Portfolios and Specifications
- 13.9.3 4NIC Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.9.4 4NIC Main Business Overview
- 13.9.5 4NIC Latest Developments
- 13.10 Lite-On Technology
- 13.10.1 Lite-On Technology Company Information
- 13.10.2 Lite-On Technology Switching Mode Power Supply Product Portfolios and Specifications
- 13.10.3 Lite-On Technology Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.10.4 Lite-On Technology Main Business Overview
- 13.10.5 Lite-On Technology Latest Developments
- 13.11 Salcomp
- 13.11.1 Salcomp Company Information
- 13.11.2 Salcomp Switching Mode Power Supply Product Portfolios and Specifications
- 13.11.3 Salcomp Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.11.4 Salcomp Main Business Overview
- 13.11.5 Salcomp Latest Developments
- 13.12 MOSO
- 13.12.1 MOSO Company Information
- 13.12.2 MOSO Switching Mode Power Supply Product Portfolios and Specifications
- 13.12.3 MOSO Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.12.4 MOSO Main Business Overview
- 13.12.5 MOSO Latest Developments
- 13.13 MEAN WELL
- 13.13.1 MEAN WELL Company Information
- 13.13.2 MEAN WELL Switching Mode Power Supply Product Portfolios and Specifications
- 13.13.3 MEAN WELL Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.13.4 MEAN WELL Main Business Overview
- 13.13.5 MEAN WELL Latest Developments
- 13.14 DELIXI
- 13.14.1 DELIXI Company Information
- 13.14.2 DELIXI Switching Mode Power Supply Product Portfolios and Specifications
- 13.14.3 DELIXI Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.14.4 DELIXI Main Business Overview
- 13.14.5 DELIXI Latest Developments
- 13.15 CETC
- 13.15.1 CETC Company Information
- 13.15.2 CETC Switching Mode Power Supply Product Portfolios and Specifications
- 13.15.3 CETC Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.15.4 CETC Main Business Overview
- 13.15.5 CETC Latest Developments
- 13.16 Cosel
- 13.16.1 Cosel Company Information
- 13.16.2 Cosel Switching Mode Power Supply Product Portfolios and Specifications
- 13.16.3 Cosel Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.16.4 Cosel Main Business Overview
- 13.16.5 Cosel Latest Developments
- 13.17 Weidmuller
- 13.17.1 Weidmuller Company Information
- 13.17.2 Weidmuller Switching Mode Power Supply Product Portfolios and Specifications
- 13.17.3 Weidmuller Switching Mode Power Supply Sales, Revenue, Price and Gross Margin (2019-2024)
- 13.17.4 Weidmuller Main Business Overview
- 13.17.5 Weidmuller Latest Developments
- 14 Research Findings and Conclusion
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