What Are The Projections for the Switch Mode Power Supply Transformers Market Size?
The switch mode power supply transformers market has been experiencing a steady growth, jumping from a market size of $1.91 billion in 2024 to approximately $1.98 billion in 2025, representing a compound annual growth rate (CAGR) of 3.6%. The growth can be attributed to electronics industry growth, cost reduction, customization and specialization, supply chain resilience, and global expansion of electronics manufacturing.
The market is expected to see even stronger growth in the next few years, expected to reach a market worth of $2.42 billion in 2029 at a compound annual growth rate (CAGR) of 5.2%. Drivers of growth in the forecast period include renewable energy expansion, electric vehicle market growth, IoT and 5G adoption, digitalization and cloud computing, and electric grid modernization.
Get Your Free Sample of The Global Switch Mode Power Supply Transformers Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7097&type=smp
What Are The Key Drivers in The Switch Mode Power Supply Transformers Market Growth?
One of the key drivers of growth in the switch mode power supply transformers market is the increasing demand for consumer electronics. This growth stems largely from the superior performance of switch mode power supplies over linear regulators, as the switching transistors consume less power. As almost all electrical gadgets are fitted with switched-mode power supplies, the switch mode power supply transformers market is seeing significant growth.
What Are The Predominant Segments in The Switch Mode Power Supply Transformers Market?
1) By Type: AC to DC, DC to DC, DC to AC, AC to DC
2) By Voltage: Distribution Voltage, Sub-Transmission Voltage, High Voltage Transmission, Extra High Voltage Transmission, Ultra-High Voltage Transmission
3) By End-User: Consumer Electronics, Communications, Industrial, Other End-Users
Order your report now for swift delivery @
Which Companies are Leading the Switch Mode Power Supply Transformers Market?
The switch mode power supply transformers market includes major players such as ABB Group, APX Inc., Infineon Technologies AG, Omron Corporation, Premier Magnetics, Salcomp plc, Schneider Electric SE, Siemens AG, Sumida Corporation, Tamura Corporation, and others, accounting for a significant portion of the market share.
What are Some Emerging Trends in the Switch Mode Power Supply Transformers Market?
Emerging trends in switch mode power supply transformers market include the introduction of new products to meet demanding applications. For instance, some leader companies have developed novel low-profile, space-grade planar transformers designed for power conversion applications.
Which Region is Leading the Switch Mode Power Supply Transformers Market?
North America was the largest and Asia-Pacific is expected to be the fastest growing region in the switch mode power supply transformers market.
What Does The Switch Mode Power Supply Transformers Market Report 2025 Offer?
Switch-mode power supply transformers are used in various power supply devices such as computers, to step up or down voltage or current and provide isolation between the input and output sides. The Switch Mode Power Supply Transformers Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7097
About The Business Research Company
The Business Research Company offers over 15000+ reports from 27 industries covering 60+ geographies, earning a reputation for comprehensive, data-rich research and insights.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
