What is Switch Mode Power Supply Transformers Market?
Switch mode transformers (also known as switch mode power supply transformers and SMPS transformers) are used in a regulated power supply and are used to increase or decrease the voltage or current and/or to isolate between the input and output sides of a switch. Power supply mode. These are used extensively in electronic applications, especially in the switched-mode power supply (SMPS). The switching power supply is an electronic circuit that uses switching devices to convert power at high frequencies. Using switchgear at high frequencies helps improve the overall efficiency of SMPS transformers. The high efficiency of the switched-mode power supply has led to an increased demand for these circuits, which in turn should stimulate the demand for switched-mode power supply transformers. On the primary side of a switched-mode transformer, the duty cycle (on time) of the input voltage waveform is varied (switched) to provide a constant output voltage over different load conditions. Switching mode transformers (SMPS transformers) are designed for frequencies from 10 kHz to 1 MHz. The power levels of the switching mode transformer (switching mode power supply transformer) now reach up to the 50-kilowatt range.
The market study is being classified by Type (Single-excited and Double-excited), by Application (Communications, Industrial, Mobile Phone Chargers, Automobiles, Medical Equipment, Railway System, Security System, Consumer Electronics and Others) and major geographies with country level break-up.
GS Transformers (Singapore), Sumida Corporation (Japan), Stontronics (United States), Prisource Electronics Co., Ltd. (Taiwan), B&K Precision Corporation (United States), MYRRA (France), Triad Magnetics (United States), TDK (Japan), WCM (United States), Tamura Corporation (Japan), Würth Elektronik (Germany), Pulse Electronics Corporation (United States), APX, Inc. (United States) and TISCI Srl (Italy) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Premier Magnetics (United States), Butler Winding (United States), Hang Tung electronic co., Ltd. (China) and Kunshan Hengyi (China).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Switch Mode Power Supply Transformers market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Switch Mode Power Supply Transformers market by Type, Application and Region.
On the basis of geography, the market of Switch Mode Power Supply Transformers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Popularity Due To Their Benefits Such As Efficient Power Usage, Lightweight, Compact Size, And Flexible Power Conversion
- The Increasing Usage of Consumer Electronics
- Increasing Usage of Industrial Control Systems and Machine Tools
- Increasing Need to Manage the Size and Weight of the Electronic Circuit of Electronic Devices
Market Trend
- Rising Inclination to Reduce Carbon Dioxide Emissions Has Enabled Them to Introduce Eco-Friendly Products
- The Ability to Provide Flexible Power Conversion Makes It More Suitable For Numerous High-Reliability Applications
- The Paradigm Shifts towards Miniaturization of Electronic Components
Restraints
- Complex Circuit Design and Higher Costs of Switch Mode Power Supply (SMPS) Transformers
Opportunities
- The Emergence of IoT
- The Rise in Novel Technological Products That Are Efficient and Cost-Effective
Challenges
- Supply Chain Disruption Caused Due To the COVID-19 Pandemic
Market Leaders and some development strategies
In April 2020, Infineon Technologies AG completed the acquisition of Cypress Semiconductor Corporation, based in San Jose. With this acquisition, Infineon Technologies AG gains access to Cypress Semiconductor Corporation's portfolio of connectivity components, microcontrollers, high-performance memories, and software ecosystems, thereby expanding its product range.
In May 2020 TDK Electronics AG launched a new series of SMT current measuring transformers that are compact and measure currents up to 7 A at a frequency between 50 kHz and 1 MHz. This new transformer series offers greater reliability and reproducibility through automated production using laser welding technology.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Switch Mode Power Supply Transformers, Suppliers and Distributors of Switch Mode Power Supply Transformers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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