Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market: Redefining Industries with Potent Strategies for Conquering the Market.
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Emergen Research has published a novel research report titled, "Global Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market". The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation. The global Alternating Current-Direct Current (AC-DC) power supply adapter market size was USD 11.16 Billion in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period, according to the latest analysis by Emergen Research. Rapid expansion of electric vehicles across the globe is a major factor driving market revenue growth. Revenue growth of the Alternating Current-Direct Current (AC-DC) power supply adapter market is driven by global adoption of Electric Vehicles (EVs). The electric vehicle market is experiencing remarkable growth, with sales surpassing 10 million in 2022. The proportion of electric cars in total sales has more than tripled in just three years, rising from approximately 4% in 2020 to 14% in 2022. This momentum is expected to continue in 2023, with strong sales expected to persist. In the first quarter of 2023, over 2.3 million electric cars were sold, marking a significant 25% increase compared to the same period the previous year. The outlook for the entire year remains promising, with an estimated 14 million electric car sales by the end of 2023, representing a notable 35% year-on-year surge. This growth is expected to accelerate further in the second half of the year as new purchases continue to rise. The demand for the infrastructure needed to allow charging for electric vehicles is rising as their uptake soars. Adapters for converting alternating current from the grid to direct current needed to charge an electric vehicle's batteries are crucial parts of EV charging stations. In addition, there is a rising demand for portable charging options including home charging units and portable chargers that use AC-DC power supply adapters due to the popularity of electric vehicles. The automotive industry's rapid shift toward electric mobility is consequently spurring investments in charging infrastructure, thus creating a high demand for AC-DC power supply adapters globally and driving substantial revenue growth for companies operating in this market. Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/2234 The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic. Report Objective: The report offers a complete analysis of the global Alternating Current-Direct Current (AC-DC) Power Supply Adapter market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. STMicroelectronics, TDK Corporation, Advantech, Infineon Technologies, Microchip Technology Inc., Murata Manufacturing Co., Ltd., Texas Instruments, XP Power, Artesyn Embedded Power, Vicor Corporation, Mornsun Guangzhou Science & Technology Co., Ltd., and Recom Power Market Dynamics: The report offers insightful information about the market dynamics of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Alternating Current-Direct Current (AC-DC) Power Supply Adapter market. Alternating Current-Direct Current (AC-DC) Power Supply Adapter Market Segmentation:
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/2234 Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape. Detailed Regional Analysis covers:
Key point summary of the report:
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