Switch mode power supply transformer (SMPS transformer) is also known as switch mode transformer. It is used to regulate power supply and provide isolation between the output and input side of a switch mode power supply and function to stepoup or stepodown voltage or current. Switch mode power supply transformers are comprehensively used in electronic applications, especially within SMPS (switch mode power supply). SMPS is an electronic circuit that uses switching devices to convert power at high frequencies. The use of switching devices helps in enhancing the efficiency of the switch mode power supply. The high efficiency of SMPS is increasing demand for the switch mode power supply transformer, which driving the switch mode power supply transformers market growth.
MARKET SCOPE
The "Global Switch Mode Power Supply Transformers Market Analysis to 2028" is a specialized and inodepth study with a special focus on the global market trend analysis. The report aims to provide an overview of the switch mode power supply transformers market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading switch mode power supply transformers market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global switch mode power supply transformers market is segmented into AC to DC, AC to AC, DC to AC, and DC to DC.
- On the basis of application, the market is segmented into IT and telecommunications, industrial, consumer electronics, and others.
Drivers
- The various benefits of switch mode power supply transformer such as efficient power usage, compact size, and lightweight, and flexible power conversion result in the gaining popularity of switching transformers. Also, the ability to provide flexible power conversion makes it more suitable for numerous highoreliability applications such as security systems, machine tools, railway systems, electric vehicles, and others. This, in turn, booming the growth of the switch mode power supply transformers market during the forecast period.
- The emergence of IoT and shifts focus towards miniaturization of electronic components is expected to upkeep switch mode power supply transformers market growth in the coming years.
- Switch mode power supply transformers generate highofrequency noise. This factor may restrain the growth of the global switch mode power supply transformers market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, AsiaoPacific (APAC), the Middle East and Africa (MEA), and South America. The switch mode power supply transformers market by each region is later subosegmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i. e. , drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the switch mode power supply transformers market in these regions.
IMPACT OF COVID-19 ON SWITCH MODE POWER SUPPLY TRANSFORMERS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, AsiaoPacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the switch mode power supply transformers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from switch mode power supply transformers market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the switch mode power supply transformers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Butler Winding
- Infineon Technologies AG
- Premier Magnetics, Inc.
- Pulse Electronics Power BU
- Sumida Corporation
- TABUCHI ELECTRIC CO. ,LTD.
- Tamura Corporation
- TDK Electronics AG
- TT Electronics
- West Coast Magnetics