Switching power supply (SMPS) is an electronic circuit used to convert power using switching devices which are turned on and off at high frequencies, and storage components such as inductors or capacitors to supply power when the switching device is in its non-conduction state. Switching power supply (SMPS) have applications in various areas such as battery chargers, vehicles, consumer electronics and many others. Globally increasing adoption of battery operated devices is expected to drive the demand for the switching power supply market during the period of study, however regulations over the usage and dispose of the battery operated devices is expected to act as a major hindrance in the growth of the switching power supply market.
This report identifies the global switching power supply market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to switching power supply market.
Geographically, North America dominated switching power supply market due to higher usage and consumption of battery operated devices requiring switching power supply. North America was followed by Europe and Asia-Pacific as the second and third largest consumer of switching power supply. Asia Pacific is projected to have the fastest growth, owing to rapidly expanding customer base for the battery operated devices, especially in the major regional economies such as India and China in the region.
This report segments switching power supply market on the basis of voltage rating, application and regional market as follows:
- On the basis of voltage rating this report on switching power supply market is segmented as follows, covering all major segments as follows: DC 5V, DC 12V, DC 15V, DC 24V By Application (Battery Chargers, Consumer Electricals, Automobiles, Central Power Distribution
- On the basis of voltage application this report on switching power supply market is segmented as follows, covering all major application segments as follows: Battery Chargers, Consumer Electricals, Automobiles, Central Power Distribution
- This report on switching power supply has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies profiled in this report are:
- Cosel USA Inc.
- Morsun Power
- Smart Power Systems
- Sinpro Electronics
- Mean Well