Switching Mode Power Supply Global Market is Projected to Reach $34.6 Billion by 2030: Opportunities In Consumer Electronics Sector

Dublin, July 10, 2023 (GLOBE NEWSWIRE) -- The "Switching Mode Power Supply: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Switching Mode Power Supply estimated at US$24.5 Billion in the year 2022, is projected to reach a revised size of US$34.6 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.

AC/DC, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$17.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the DC/DC segment is readjusted to a revised 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.6 Billion, While China is Forecast to Grow at 5.3% CAGR

The Switching Mode Power Supply market in the U.S. is estimated at US$7.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2030 trailing a CAGR of 5.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 118 Featured) -

  • ABB Ltd.
  • CET Technology, LLC
  • China Delixi Group Co., Ltd
  • Cosel Asia Ltd.
  • Delta Electronics, Inc.
  • LITE-ON Technology Corporation
  • MEAN WELL Enterprises Co., Ltd.
  • Omron Corporation
  • Phoenix Contact India Private Limited
  • Puls Gmbh
  • Salcomp PLC
  • Schneider Electric SE
  • Shenzhen MOSO Electronics Technology Co., Ltd.
  • Siemens AG
  • TDK-Lambda Corporation
  • Weidmuller Interface GmbH & Co. KG

Key Attributes:

Report AttributeDetails
No. of Pages421
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$24.5 Billion
Forecasted Market Value (USD) by 2030$34.6 Billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal

Key Topics Covered:




  • Switching Mode Power Supply - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • COVID-19 Impact on Global Switching Mode Power Supply Market
  • Effect of Pandemic on Key End-Use Industries of SMPS
  • Manufacturing Automation
  • Global Manufacturing Automation Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Automotive
  • Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Communications Technology
  • Electrical & Electronics Equipment
  • Appliances
  • An Introduction to Switch Mode Power Supply
  • Working Principle of SMPS
  • Advantages of SMPS
  • Disadvantages
  • Global Market Prospects & Outlook
  • Analysis by Type
  • World Switching Mode Power Supply (SMPS) Market by Type (2021 & 2027): Percentage Breakdown of Sales for AC/DC, DC/DC, and Other Types
  • Analysis by Application
  • World Switching Mode Power Supply (SMPS) Market by Application (2021 & 2027): Percentage Breakdown of Sales for Consumer Electronics, Industrial, Communication, and Other Applications
  • Regional Analysis
  • Global Market for Switching Mode Power Supply (SMPS): Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
  • Global Market for Switching Mode Power Supply (SMPS) - Geographic Regions Ranked by % CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Rest of World, Europe, USA, Canada, and Japan
  • Competitive Scenario
  • Recent Market Activity



  • Modern Oscilloscopes and Power Analysis Software Solutions Enable Better Design Choices
  • Power Factor Correction and Input Rectification - The Two Main Stages in Designing SMPS
  • SMPSs Better than Conventional Power Supplies in Control Panels
  • Usage and Advantages of SMPS Battery Charger
  • Use Case of SMPS Across Diverse Applications
  • Increasing Sales of Various Types of SMPS Devices
  • Demand for SMPS of Different Circuit Topologies
  • Pros and Cons of SMPS LED Driver Circuit Topologies
  • SMPSs vs. Linear Regulator
  • Benefits with Connecting SMPSs in Parallel Mode
  • Opportunities In Consumer Electronics Sector
  • Worldwide Shipments of Laptops (in Million Units) for the Years 2019, 2021 and 2023
  • Global Smart Homes Market by Category in US$ Billion for the Years 2020 and 2022
  • Global Consumer Electronics Market by Region (2020): Percentage Breakdown of Revenues for North America, Europe, Asia-Pacific (Incl. Japan), Middle East, and Latin America
  • Sustained Demand in Communications Sector
  • Global Wireless Communication Market (2018 & 2020): Percentage Breakdown of Traffic Volume by Mobile Device Type
  • World Internet Penetration Rate (in %) by Geographic Region: June 2021
  • Industrial Automation Offers Opportunities
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
  • Growing Adoption of IoT to Drive Demand
  • Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
  • Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2022
  • Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025




For more information about this report visit https://www.researchandmarkets.com/r/u4go47

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Global Market for Switching Mode Power Supply

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