AC-DC Power Supply Adapter Market is predicted to reach USD 31.2 Billion at a CAGR of 8.90% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global AC-DC Power Supply Adapter Market”

that contains information from 2018 to 2032. The AC-DC power supply adapter market is estimated to register a CAGR of 8.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global AC-DC power supply adapter market— B&K Precision Corporation, Rohde & Schwarz, Keysight Technologies, Chroma ATE Inc., Good Will Instrument Co., Ltd., Delta Electronics, Inc., ITECH ELECTRONIC CO., LTD., TEKTRONIX, INC., Ametek Inc., ETA-USA, Huawei Technologies Co., Ltd., KIKUSUI ELECTRONICS CORP

Market Highlights

The global AC-DC power supply adapter market is accounted to register a CAGR of 8.90% during the forecast period and is estimated to reach USD 31.2 Billion by 2032.

In a number of sectors, including consumer electronics, telecommunications, and vehicles, there is a growing and consistent demand for AC-DC power supply adapters. What drives the market is the requirement for efficient power supply solutions that can handle diverse voltage specifications and support a number of devices.

Segment Analysis

The global AC-DC power supply adapter market has been segmented based type, application, and industry vertical.

On the basis of type, the market is segmented into AC-DC wall power adapter and AC-DC external plug-in power adapter. AC-DC external plug-in power adapter segment dominated the global market in 2022.External plug-in power adapters are more popular than wall power adapters because of their many benefits.

Based on application, the global AC-DC power supply adapter market has been segmented into home appliances, computer and laptops, mobile phones and wearable, electronics, automotive, and others. Home appliances segment dominated the global AC-DC power supply adapter market in 2022.This is a result of the increased use of AC-DC power supply converters for home equipment.

Based on industry vertical, the global AC-DC power supply adapter market has been segmented into consumer electronics, telecommunications, food and beverages, medical and healthcare, military and aerospace, and industrial. Consumer electronics segment dominated the global market in 2022. The consumer electronics industry is one of the largest consumers of AC-DC power converters since they are necessary for the infrastructure for recharging consumer electronics devices.

Regional Analysis

The global AC-DC power supply adapter market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe AC-DC Power Supply Adapter market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The AC-DC Power Supply Adapter market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World AC-DC Power Supply Adapter market comprises of Middle East, Africa, and Latin America.

The North America AC-DC power supply adapter Market dominated this market in 2022 (45.80%). The US and Canada are the two largest countries in North America. Over the past three decades, the US semiconductor industry has consistently held the top position in terms of overall sales market share. Over the past several years, the use of smart home appliances—from lighting to doorbells and refrigerators—has grown significantly in North America. An increase in the use of smart homes and IoT devices has also increased the need for AC-DC power converters in the region.

Moreover, in 2022, the Europe AC-DC power supply adapter market held a sizable market share. This is due to technological advancements in the AC adapter market, which will lead to a rise in the use of AC adapters.

Additionally, from 2023 to 2032, it's anticipated that the Asia Pacific AC-DC power supply adapter market will expand significantly. The digitalization of the educational system, online shopping, and the continued expansion of social networking in North America are all expected to have a significant impact on the market.

Furthermore, the rest of the world's AC-DC power supply adapter market is divided into the Middle East, Africa, and Latin America. All over Latin America, there is a growing demand for AC-DC power supply adapters in a variety of sectors, including telecommunications, consumer electronics, and healthcare. Some of the factors driving the market are rising power consumption, technological advancements, and the need for efficient power management systems.

Key Findings of the Study

• The global AC-DC power supply adapter market is expected to reach USD 31.2 Billion by 2032, at a CAGR of 8.90% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the the market is anticipated to be driven by factors including the digitalization of the educational system, online retail, and the ongoing growth of social networking in Asia-Pacific.


• Based on industry vertical, the consumer electronics segment was attributed to holding the largest market in 2022.


• B&K Precision Corporation, Rohde & Schwarz, Keysight Technologies, Chroma ATE Inc., Good Will Instrument Co., Ltd., Delta Electronics, Inc., ITECH ELECTRONIC CO., LTD., TEKTRONIX, INC., Ametek Inc., ETA-USA, Huawei Technologies Co., Ltd., KIKUSUI ELECTRONICS CORP.