Switch Mode Power Supply Transformers Market Globally Expected to Drive Growth through 2020-2027

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including type, application, and regions.

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Leading Players in the Switch Mode Power Supply Transformers Market:

The Switch Mode Power Supply Transformers Market is fairly fragmented, and a number of global and regional players operating in the market 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.

Switch Mode Power Supply Transformers Market drivers:

The significant factors contributing to the growth of the SMPS transformers market over the forecast period include emerging demand for consumer electronics among end-users, growing need to manage the size and weight of the electronic circuit of electronic devices, higher efficiency of switch mode power supply (SMPS) than linear regulators. Moreover, lightweight, high efficiency, lower costs, compact size, and flexibility in terms of power conversion, among other advantageous features, have further led to an upsurge in demand for switch mode power supply (SMPS) transformers.

The rising adoption of SMPS transformers for a wide range of applications, including railway systems, machine tools, industrial controls systems, security systems used in computer systems, offices, safety systems, and electric vehicles, among others, is expected to fuel the growth of the market. Moreover, the growing introduction of IoT and the increasing inclination of companies towards developing energy-efficient devices and miniaturization of electronic components are propelling the growth and development of the switch mode power supply transformers market. On the other hand, volatility in raw materials prices and instability of the supply chain due to the COVID-19 pandemic are certain factors that will hinder the market growth.

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Switch Mode Power Supply Transformers Market Segmentation:

According to the report published by GMI Research, titled “Switch Mode Power Supply Transformers Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Type:

  • AC to DC
  • DC to DC
  • DC to AC
  • AC to AC

By Application:

  • Communications
  • Industrial
  • Consumer Electronics
  • Others

By Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

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