AC AND DC LINEAR POWER SUPPLIES MARKET REPORT OVERVIEW
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The global AC and DC linear power supplies market size was USD 3496.1 million in 2022 and is projected to touch USD 4682.58 million by 2031 at CAGR 3.3% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.
The AC and DC linear power supplies market is a segment of the power supply market that provides voltage regulation using linear circuitry. These power supplies operate by converting the incoming AC or DC voltage into a regulated DC voltage output. The linear power supplies market is driven by the need for high-quality power supplies in a range of applications, including telecommunications, medical devices, industrial equipment, and consumer electronics.
The demand for AC and DC linear power supplies is expected to grow in the coming years due to the increasing demand for efficient and reliable power supplies in various applications. The growth is also attributed to the growing trend of automation in industries such as healthcare and manufacturing, which requires stable and high-quality power supplies.
The AC and DC linear power supplies market is expected to experience significant growth in the coming years due to the increasing demand for high-quality power supplies in a range of applications. The market is highly competitive, with many major players operating in the space.
COVID-19 Impact: Reduction in Healthcare Budgets to Limit the Market Demands
On the negative side, the pandemic has disrupted supply chains, resulting in delays in the production and delivery of linear power supplies. Many manufacturers have faced challenges in sourcing raw materials and components, and disruptions in transportation and logistics have led to delays in delivery times. This has resulted in a shortage of linear power supplies in some regions, leading to increased prices and longer lead times.
Additionally, the economic downturn caused by the pandemic has led to a decline in demand for linear power supplies in some sectors, such as industrial automation and consumer electronics. The uncertainty surrounding the pandemic has also resulted in delays in investment decisions, further dampening demand in these sectors.
LATEST TRENDS
"Growing Demand for Energy-Efficient and Environmentally Friendly Power Supplies to Augment the Market Growth"
AC and DC linear power supplies are electronic devices that convert alternating current (AC) or direct current (DC) electrical energy to a stable and regulated DC output voltage. These power supplies are widely used in various industries such as telecommunications, industrial automation, medical equipment, and consumer electronics.
In recent years, there has been a growing demand for energy-efficient and environmentally friendly power supplies. As a result, the market has seen a shift towards more efficient and reliable AC and DC power supply solutions, such as switch-mode power supplies (SMPS) and DC-DC converters. These new technologies offer higher efficiency, smaller size, and lower cost compared to traditional linear power supplies.
AC AND DC LINEAR POWER SUPPLIES MARKET SEGMENTATION
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- By Type Analysis
By type, market is segmented into up to 10W, 11W-50W, 51W-100W and 100W-250W. The up to 10W type segment will dominate the market in the coming years.
- By Application Analysis
Based on applications, the market is classified into computer and office, mobile communications, consumer electronics, wireless power and charging and others. The computer segment will lead the global share through 2028.
DRIVING FACTORS
"Growing Demand for Electronic Devices to Push the Market"
Linear power supplies are known for their ability to provide stable and reliable power, making them an ideal choice for applications where uninterrupted power supply is critical. This has led to increased demand for AC and DC linear power supplies in industries such as healthcare, telecommunications, and data centers.
The use of renewable energy sources such as solar and wind power is increasing rapidly across the world. Linear power supplies are often used to convert the DC power generated by these sources into usable AC power. As the adoption of renewable energy sources continues to grow, so will the demand for AC and DC linear power supplies. With the increasing use of electronic devices such as smartphones, laptops, and tablets, there is a growing demand for AC and DC linear power supplies to power these devices. In addition, the growing adoption of electric vehicles is also expected to drive the demand for AC and DC linear power supplies.
"Technological Advancements and Government Regulations to Boost the Market Growth"
The development of new technologies such as Internet of Things (IoT) and 5G networks has led to the need for more advanced power supplies. AC and DC linear power supplies are well-suited to meet the power demands of these technologies, which is expected to drive the market growth. Governments around the world are implementing regulations to improve energy efficiency and reduce carbon emissions. Linear power supplies are known for their high energy efficiency, which makes them an ideal choice for applications where energy efficiency is a key concern. This is expected to drive the demand for AC and DC linear power supplies in the coming years.
RESTRAINING FACTORS
"Limited Applications to Slow the Market Growth "
As technology continues to evolve, new types of power supplies may emerge that offer improved efficiency, reliability, and performance compared to linear power supplies. This could lead to a shift away from linear power supplies and limit their market share. Linear power supplies are best suited for applications that require low noise, low ripple, and high accuracy, which limits their potential market compared to other types of power supplies that can be used in a wider range of applications.
AC AND DC LINEAR POWER SUPPLIES MARKET REGIONAL INSIGHTS
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"North American Market to Grow Exponentially with the Forecasted Period"
In North America, the AC and DC linear power supplies market is primarily driven by the presence of key players and the adoption of advanced technologies in various industries. In Europe, the market is influenced by the increasing demand for energy-efficient products and the growth of the renewable energy sector. The Asia Pacific region is expected to witness significant growth in the market due to the increasing demand for power supplies in various industries, especially in countries like China, Japan, and India.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.
List of Market Players Profiled
- Liteon Tech (China)
- Chicony Power (China)
- Delta (China)
- Flextronics (Singapore)
- Cincon (China)
REPORT COVERAGE
The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes a number of other factors that have contributed to recent growth.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 3496.1 Million in 2022 |
Market Size Value By |
US$ 4682.58 Million by 2031 |
Growth Rate |
CAGR of 3.3% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What are the key factors driving the AC and DC linear power supplies market?
Growing demand for electronic devices, technological advancements and government regulations are some of the driving factors of the AC and DC linear power supplies market.
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What is the leading region in the AC and DC linear power supplies market?
North America is the leading region in the market for AC and DC linear power supplies.
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What are the key players in the AC and DC linear power supplies market?
Liteon Tech, Chicony Power, Delta, Flextronics and Cincon are some of the leading players in the AC and DC linear power supplies market.