The market for AC-DC controllers is anticipated to be worth US$ 6,544 million in 2022 and US$ 13,422 million by 2032. During the forecast period of 2022–2032, the market is anticipated to grow at a CAGR of 7.4%.
The company’s expansion can be linked to the rise in AC-DC controller use in LED lighting systems. The majority of businesses that produce and market consumer electronics use AC-DC controllers extensively. The next-generation AC-DC controller is a high-efficiency control IC with cutting-edge features like power factor adjustment, low standby power, and high active mode efficiency. In order to increase overall performance and efficiency, AC/DC power supplies are now used in conjunction with AC/DC controllers, such as dual PWM controllers.
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AC-DC Controller Market: Drivers and Restraints
The rising usage of AC-DC controller in LED lighting applications is turning to be the major factor driving the growth of AC-DC controller market. Moreover, rising adoption of AC-DC controller in industrial applications is also driving the demand of AC-DC controller market in positive manner.
Achieving high efficiency across load line is turning to be the major challenge faced by most of the vendors in AC-DC controller market.
What Are The Main Drivers of The Market For AC-DC Controllers?
The market for AC-DC controllers is anticipated to expand quickly as a result of changing consumer habits and an increase in disposable income. Due to online shopping, consumers now have access to a variety of goods, with LED lighting ranking among the most popular items to buy. As a result, the market for AC-DC controllers is expanding due to the increasing use of these devices in LED lighting applications.
The market for electronic devices and smartphones as a whole is expanding quickly. Electronic devices that are brand-new, inventive, and technologically advanced are also gaining popularity. The production and supply of AC-DC controllers, which are required to power and charge these electronic devices, are anticipated to increase as a result of this trend.
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Market Competition
The key players of this market include
- ON Semiconductor,
- NXP Semiconductors,
- Infineon Technologies, Inc.,
- Texas Instruments Incorporated,
- Diodes Incorporated,
- Campbell Scientific, Inc.,
- Rockwell Automation,
- TDK-Lambda Americas Inc.,
- ROHM Semiconductor,
- Richtek Technology, and
- Curtiss-Wright.
Global AC-DC Controller Market: Regional Outlook
On the basis of geography, AC-DC controller market can be segmented into seven key regions namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, the AC-DC controller market in North America is expected to dominate during the forecast period owing to the huge presence of large scale semiconductor industry in this region. North America region is expected to be followed by Western Europe, Japan and APAC.
In Europe and Asia pacific region, the market of AC-DC controller is significantly growing owing to their rising demand in several industrial and automotive applications.
Key Segments Profiled In The AC-DC Controller Market
AC-DC Controller Market by Type:
- Isolated AC-DC Controllers
- Non Isolated AC-DC Controllers
AC-DC Controller Market by Output Power:
- AC-DC Controllers from 0-25 W
- AC-DC Controllers from 25-50 W
- AC-DC Controllers from 50-75 W
- AC-DC Controllers from 75-150 W
- AC-DC Controllers from 15-500 W
- AC-DC Controllers more than 500 W
AC-DC Controller Market by Application:
- AC-DC Controllers for Automotive Applications
- AC-DC Controllers for Industrial Applications
- AC-DC Controllers for Commercial Applications
- AC-DC Controllers for Healthcare
- AC-DC Controllers for Other Applications
AC-DC Controller Market by Region:
- North America AC-DC Controller Market
- Latin America AC-DC Controller Market
- Europe AC-DC Controller Market
- Asia Pacific AC-DC Controller Market
- Middle East & Africa AC-DC Controller Market
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
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