Switch Mode Power Supply Transformers Market

A switched mode power supply (SMPS) is an electronic power supply unit that incorporates a switching regulator for efficiently converting electrical power and providing the required output voltage. The switch mode power supply transformers are used in conjunction with these switching regulator to form a switch mode power supply. These transformers are used to step up or step down voltage or current, and provide isolation between the input and output side of a switch mode power supply. Switch mode power supply transformers are used extensively in commercial and industrial electronic applications and usually used in electronic systems, where an exact specific amount of power is required such as medical devices, cell phone charging units, computer power supplies, lighting applications, laser power supply, commercial power supplies, and communication devices among others.

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The major factors that include rising demand for consumer electronics among end-users, increasing 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 are expected to stimulate the growth of the SMPS transformers market during the forecast period. In addition, high efficiency, light weight, compact size, lower costs, and flexibility in terms of power conversion among other advantageous features have further led to the rise in the demand of switch mode power supply (SMPS) transformers.

Moreover, increasing adoption of SMPS transformers for wide range of applications including machine tools, railway systems, and industrial controls systems, security systems used in offices, computer systems, safety systems, and electric vehicles among others is projected to boost the growth of the market. Furthermore, increasing introduction of IOT and rising inclination of companies towards the development of energy efficient devices and miniaturization of electronic components are supporting the growth and development of the switch mode power supply transformers market. However, volatility in raw materials prices and instability of the supply chain owing to the COVID-19 pandemic are expected to hamper the market growth.

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Based on the type, the market is segmented into AC to DC, DC to DC, DC to AC, and AC to AC. AC to DC SMPS transformers segment is anticipated to grow substantially during the forecast period owing to the increasing adoption of switch mode power supply in place of traditional linear ac-to-dc power supplies due to its small size, low weight, low power consumption, reduced heat dissipation. Additionally, growing application of AC to DC SMPS transformers in various electronic devices including personal computers, phone chargers and adapters, power amplifiers, TV’s, dc motor drives, and others are further contributing to the growth of the market.

Based on application, the market is segmented into communication, industrial, consumer electronics, and others. The industrial application segment is expected to hold a significant share in the market during the forecast period mainly due to the growing use of vehicles equipped with switch mode power supply transformers that allow DC to DC conversion of voltage. In addition, increasing growth of various industries including telecommunication, information technology, electrical, and automotive among other industries are further stimulating the demand of switch mode power supply transformers.

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Based on the region, Asia-Pacific region is anticipated to witness a prominent growth in the switch mode power supply transformers market during the forecast period. This is primarily due to the significant growth in the electronics and automotive industries in the developing countries including China, Japan, India, and South Korea. Additionally, the rise in per capita disposable incomes and increasing demand for energy efficient and miniature products in electronics among consumers are further stimulating the growth of the switch mode power supply transformers market. North America is projected to account for notable share in the switch mode power supply transformers market owing to the presence of large number of industries including consumer electronics, machinery manufacturing, telecommunication, automotive, and others in the region. Moreover, rapid economic development, increased standard of living, and growing adoption of electric vehicles are further supporting the market growth in the region.

Various notable players operating in the global Switch mode power supply transformers market, include, 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., among other companies. 

Key Developments:

• • In 2020, TDK Electronics AG launched a new series of compact EPCOS SMT current sense transformers. These transformers can measure current up to 7 A at frequencies between 50 kHz and 1MHz. This new series of transformers provides higher reliability and help in overload detection and detection of load shedding in switch mode power supplies.
  • In 2020, Infineon Technologies AG completed the acquisition of the San Jose-based company, Cypress Semiconductor Corporation. With this acquisition, Infineon Technologies AG will gain access to connectivity components, microcontrollers, high-performance memories, and software ecosystems of Cypress Semiconductor Corporation and strengthen its geographical reach in the U.S. and Japan.

The global switch mode power supply transformers market has been segmented on the basis of type, application, and region. On the basis of type, the market is segmented into AC to DC, DC to DC, DC to AC, and AC to AC. On the basis of application, the market is segmented into communication, industrial, consumer electronics, and others.

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Key questions answered in this research report:

• • At what pace is global switch mode power supply transformers market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in switch mode power supply transformers market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global switch mode power supply transformers market?
  • Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
  • What are the various applications of global switch mode power supply transformers market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Switch Mode Power Supply Transformers Market by Type

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

Global Switch Mode Power Supply Transformers Market by Application

• • Communications
  • Industrial
  • Consumer Electronics
  • Others

Global Switch Mode Power Supply Transformers Market by Region

• • North America Switch Mode Power Supply Transformers Market (Option 1: As a part of the free 25% customization)
    • North America Switch Mode Power Supply Transformers Market by Type
    • North America switch mode power supply transformers Market by Application
    • US Switch Mode Power Supply Transformers Market All-Up
    • Canada Switch Mode Power Supply Transformers Market All-Up
  • Europe Switch Mode Power Supply Transformers Market (Option 2: As a part of the free 25% customization)
    • Europe Switch Mode Power Supply Transformers Market by Type
    • Europe Switch Mode Power Supply Transformers Market by Application
    • UK Switch Mode Power Supply Transformers Market All-Up
    • Germany Switch Mode Power Supply Transformers Market All-Up
    • France Switch Mode Power Supply Transformers Market All-Up
    • Spain Switch Mode Power Supply Transformers Market All-Up
    • Rest of Europe Switch Mode Power Supply Transformers Market All-Up
  • Asia-Pacific Switch Mode Power Supply Transformers Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Switch Mode Power Supply Transformers Market by Type
    • Asia-Pacific Switch Mode Power Supply Transformers Market by Application
    • China Switch Mode Power Supply Transformers Market All-Up
    • India Switch Mode Power Supply Transformers Market All-Up
    • Japan Switch Mode Power Supply Transformers Market All-Up
    • Rest of APAC Switch Mode Power Supply Transformers Market All-Up
  • RoW Switch Mode Power Supply Transformers Market (Option 4: As a part of the free 25% customization)
    • RoW Switch Mode Power Supply Transformers Market by Type
    • RoW Switch Mode Power Supply Transformers Market by Application
    • Brazil Switch Mode Power Supply Transformers Market All-Up
    • South Africa Switch Mode Power Supply Transformers Market All-Up
    • Saudi Arabia Switch Mode Power Supply Transformers Market All-Up
    • UAE Switch Mode Power Supply Transformers Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Switch Mode Power Supply Transformers Market All-Up

Global Switch Mode Power Supply Transformers Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • 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.