Enjoy complimentary customisation on priority with our Enterprise License!
The infographic below contains key findings from our analysis of the AC and DC adapters market
Want a bigger picture? Try a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Technavio’s AC and DC adapters market research report predicts that the global AC and DC adapters market to grow at a CAGR of just over 2% during the forecast period. The growing popularity and use of mobile devices like tablets, smartwatches, and smartphones is a major contributor to the growth of the global AC and DC adapters market. Since mobile technology offers consumers easy access to the Internet and also allows them to do everyday tasks like shopping, banking and work, the need for chargers will increase as they help to keep mobile devices working. Since many of the applications on these devices consume a lot of power, the demand for efficient batteries and chargers is increasing. This increase in the demand for mobile chargers will aid in the growth of the global AC and DC adapters market during the estimated period.
In this AC and DC adapters market report, the analysts have considered factors like the rising popularity of universal power adapters to spur market growth during the forecast period. These adapters can be used with devices like laptops, smartphones, or tablets by changing the voltage and current settings. These adapters are highly useful when an individual is traveling to another place where the power supply must be converted to make it compatible with the device. Since universal adapters have multiple plugs that match the sockets used in most countries, its rising demand during the forecast period will lead to the growth of the global AC and DC adapters market.
The smartphone segment is the largest in the global AC and DC adapters market and is expected to be the market leader with close to 50% of market share by the end of 2020. Much of this segment’s growth can be attributed to the rising adoption of smartphones, which in turn will necessitate the utilization of adapters to charge such devices. Rising disposable income and growing internet usage are the two factors impelling the demand for smartphones in emerging countries.
Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo
The AC and DC adapters market in the Americas was the largest among all the geographical segments in 2015 and accounted for close to 44% of the total market share. In the US and Canada, factors such as digitalization of education, online retail, and social networking have increased the demand for smartphones, tablets, and laptops. This rise in the demand for smartphones, tablets, and laptops will in turn spur the demand for adapters over the next four years.
The global AC and DC adapters market has a number of well-established players who are adopting new technologies to gain an edge over their competitors. The market is also fragmented with the presence of many large and small vendors. Since entry barriers are high, the possibility of new players entering into this market is low. Existing providers are establishing relationships with customers to ensure their market share.
Key vendors in this market are -
Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.