Global AC and DC Adapters Market 2016-2020

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Overview of the global AC and DC adapters market

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.

Segmentation by application and analysis of the AC and DC adapters market

• Smartphone
• Laptop
• Feature phone
• Tablet
• DSC
• Portable gaming device
• Smartwatch

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.

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Geographical segmentation of the AC and DC adapters market

• Americas
• APAC
• EMEA

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.

Competitive landscape and key vendors

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 -

• Anoma
• Belkin
• Delta Electronics
• Dialog Semiconductor
• Flextronics
• Jeckson Electronics
• Lester Electrical
• Minwa Electronics
• Panasonic
• Salcomp

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global AC and DC adapters market?
• What are the key market trends impacting the growth of the global AC and DC adapters market?
• What are the challenges to market growth?
• Who are the key vendors in the global AC and DC adapters market?
• What are the market opportunities and threats faced by the vendors in the global AC and DC adapters market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global AC and DC adapters market?

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