Switched Mode Power Supply Transformer Market : Global Industry Analysis and Forecast (2023-2029) by Type, Applications and Region.

Switched-Mode Power Supply Transformer Market was worth US$ 1.59 billion in 2022, and overall revenue is expected to grow at a CAGR of 3.04 % percent from 2022 to 2029, reaching almost US$ 1.96 billion by 2029.
Switched mode power supply transformer Market Overview:
An electronic power supply device with a switching regulator for effectively converting electrical power and supplying the appropriate output voltage is known as a switched mode power supply (SMPS). To make a switch mode power supply, these switching regulators are used with switch mode power supply transformers. These transformers offer isolation between the input and output sides of a switch mode power supply and are used to step up or decrease voltage or current. Switch mode power supply transformers are widely used in commercial and industrial electronic applications. They are typically employed in electronic systems that demand a precise quantity of power, such as a power supply for a computer.

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COVID-19 Impact on the Global Switched mode power supply transformer Market:
The advent of COVID-19 has slowed market growth; nevertheless, the market is progressively gaining pace owing to rising lockdowns. The rapid increase in CAGR is due to the demand and growth of this market, which will revert to pre-pandemic levels once the pandemic is over. For instance, since the national lockdown began, India's daily electricity demand has decreased by 25 to 28 percent, owing mainly to factory and office closures in the commercial and industrial sectors. Because T&D losses are larger than before, power transformer firms will have to incur higher aggregate technical and commercial (AT&C) losses than the thresholds set by regulators.
Global Switched mode power transformer Market Dynamics:
Switching transformers are becoming more common due to their advantages, which include efficient power consumption, lightweight, small size, and variable power conversion. Switching transformers' ability to operate across a wide frequency range removes the need for hefty frequency transformers. Similarly, their capacity to provide variable power conversion makes them ideal for a wide range of high-reliability applications, including railway systems, industrial machine tools, electric vehicles, and security systems. Over the projected period, the aforementioned reasons and the numerous applications of switching transformers are expected to fuel market growth.

The switch mode power supply market is expected to grow at a CAGR of xx%, xx%, and xx% in North America, Europe, and the Asia Pacific during the forecast period, respectively. Owing to new technical solutions that are efficient and cost-effective. Companies are developing more compact, lighter-weight designs, which help to reduce transportation costs. For example, Pulse The Yageo Company's high frequency current detecting transformer series is small and cost-effective. The New AEC-Q200 qualified PA1005.XXXQNL is the name of the new series. This transformer series may be used in various applications, including feedback control, overload detection, and switching power supply.

Even though switch mode power supply transformers are energy-efficient and cost-effective, the high-frequency noise created by these transformers is predicted to limit their use in all applications. Switch mode power supply transformers are not used in applications that demand high performance and data integrity due to their high-frequency noise. Companies such as Texas Instruments Incorporated and Analog Devices Inc. are developing noise-reduction technologies. For example, Analog Devices' product ADP5135 features multiple-switching buck regulators, which can solve the beat frequency issue because the regulators in the company's products are multiple-switching.

Furthermore, manufacturers' growing desire to reduce carbon dioxide emissions has allowed them to create environmentally beneficial products. Furthermore, market growth is projected to be maintained during the forecast period as the paradigm moves toward downsizing electronic components and IoT's rise. The supply chain interruption induced by the COVID-19 pandemic, on the other hand, had a substantial impact on market growth. The market for switch mode power supplies is expected to drop for a few years before steadily increasing in the long run.
Switched mode power supply transformer Market Segment Analysis:
The Global Switched mode power transformer market segment varies from different sectors by Type, applications, and region. The study also revels in the growth of the market for Global Switched mode power supply transformer geographically all around the world. The report explains the market size and country-specific consumption of Switched mode power supply transformer.

Based on Type, the global switched mode power supply transformer is sub-segmented into AC to DC, DC to DC, DC to AC, and AC to AC. In 2022, the AC to DC segment accounted for 46.6 % of sales, and it is expected to grow at a significant rate xx% over the forecast period. The AC to DC switch mode power supply converts AV voltages from a power source to a regulated DC voltage that meets the component's needs that consume the power. Consumer devices connected to switches and require particular DC voltages commonly utilize AC to DC switch mode power supplies. As a result, rising consumer electronics consumption is expected to drive increased demand for AC to DC switch mode power supplies.

Based on Application, the switched mode power supply transformer is sub-segmented into commutations, industrial, consumer electronics, and others. In 2022, the consumer electronics sector had the highest revenue share of 49.6%, and it is expected to maintain its dominance in the switch mode power supply market during the projected period. Switch mode power supply transformers are used in electronic devices such as phone chargers, adapters, PCs, and freezers to step down high voltages and make them acceptable for electronic devices. The growing popularity of smartphones throughout the world is helping to drive up demand for phone chargers. Similarly, consumer electronics demand is increasing, contributing to the segment's revenue share.

From 2022 to 2029, the industrial category is expected to grow at a CAGR of almost 2.0 percent. The rapid growth rate can be attributed to the growing quantity of automobiles produced across the world. In addition, the growing use of industrial control systems and machine tools is projected to propel the industrial industry forward.
Switched mode power transformer Market Regional Insights:
In 2022, Asia Pacific contributed more than 33.0% of total sales. Electronic components are in higher demand in nations with large populations, such as China and India. In addition, numerous electronic component makers have production facilities in nations like Taiwan, Singapore, and other Asian countries. As a result of the region's large population and significant demand from manufacturing hubs, the region is anticipated to maintain its dominance from 2022 through 2029.

In the next seven years, North America is expected to grow at a CAGR of more than 2.0 percent. This growth can be ascribed in part to the automobile industry's notable use of technology. The need for DC to DC switch mode power supply in the region is being driven by automobiles with increased capabilities such as the ability to charge gadgets using car batteries. Pulse Electronics, Triad Magnetics, and APX Technologies, Inc. are among the firms contributing to the region's revenue share.
Recent Developments:
In 2020 TDK Electronics AG introduced a new line of small EPCOS SMT current sensing transformers. At frequencies ranging from 50 kHz to 1 MHz, these transformers can detect currents up to 7 A. This new transformer series delivers increased dependability and aids in overload monitoring and load shedding detection in switch mode power supply.

In May 2020, Infineon Technologies AG completed the acquisition of Cypress Semiconductor Corporation, located in San Jose. With this purchase, Infineon Technologies AG will get access to Cypress Semiconductor Corporation's connectivity components, microcontrollers, high-performance memory, and software ecosystems and expand its geographic footprint in the United States and Japan.

The objective of the report is to present a comprehensive analysis of the global Switched mode power supply transformer Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Switched mode power supply transformer Market dynamics, structure by analyzing the market segments and project the global Switched mode power supply transformer Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Switched mode power supply transformer Market make the report investor’s guide.
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Switched mode power supply transformer Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 1.59 Bn.


Forecast Period 2023 to 2029 CAGR:
3.04 %
Market Size in 2029:
US $ 1.96 Bn.


 Segments Covered:
by Type
• AC to DC
• DC to DC
• DC to AC
• AC to AC


by Application
• Communication
• Industrial
• Consumer Electronics
• Others



Switched mode power supply transformer Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Switched mode power supply transformer Market, Key Players are:
• TDK Electronics AG
• APX Technologies Inc.
• Butler Winding
• Coil Winding Specialist, Inc.
• Hang Tung Electronic Technology Co., Ltd.
• Infineon Technologies AG
• Kunshan Hengyi Electrical Appliance Co., Ltd.
• Prem Magnetics
• Premier Magnetics, Inc.
• Prisource Electronics Co., Ltd.
• Infineon Technologies AG
• Sumida Corporation
• Tamura Corporation
• Pulse Electronics
• Royal Electronics.

Frequently Asked Questions:

1. What is the growth rate of Global Switched-Mode Power Supply Transformer Market?
Ans: The Global Switched-Mode Power Supply Transformer Market is growing at a CAGR of 3.04% during forecasting period 2023-2029.

2. What is scope of the Global Switched-Mode Power Supply Transformer Market report?
Ans: Global Switched-Mode Power Supply Transformer Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

3. Who are the key players in Global Switched-Mode Power Supply Transformer Market?
Ans: The important key players in the Global Switched-Mode Power Supply Transformer Market are – TDK Electronics AG,APX Technologies Inc.,Butler Winding,Coil Winding Specialist,,Hang Tung Electronic Tec,Infineon Technologies AG,Kunshan Hengyi Electrical Appliance ,Prem Magnetics,Premier Magnetics, ,Prisource Electronics ,Infineon Technologies AG,Sumida Corporation,Tamura Corporation,Pulse Electronics,Royal Electronics.

4. What is the study period of this Market?
Ans: The Global Switched-Mode Power Supply Transformer Market is studied from 2022 to 2029.