Global Switch Mode Power Supply Transformers Market to Grow at 2.6% During 2024-2032, Bolstered by Increasing Sales of Consumer Electronics

November 08, 2021 | Electronics and Semiconductors

As per the latest report by IMARC Group, titled “Switch Mode Power Supply Transformers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” the global switch mode power supply transformers market is expected to exhibit a CAGR of 2.6% during 2024-2032. Switch mode power supply (SMPS) transformers refer to electronic supply power units that incorporate a switching regulator for the efficient conversion of electrical power. They utilize transformers, rectifiers, choppers, control circuits, and input filters to provide the desired output voltage. They run at a high frequency, step up and down voltages, and isolate the input and output sources. SMPS transformers find extensive applications in commercial and industrial electronics as they aid in the efficient utilization of power and enable minimal energy dissipation. 

Global Switch Mode Power Supply Transformers Market Trends:

The increasing sales of consumer electronics, such as smartphones, adapters, refrigerators and personal computers (PCs), represent the primary factor driving the market. Additionally, SMPS transformers are increasingly being used in medical devices, commercial power supplies, communication devices and railway systems as they are compact, lightweight and reduce the overall weight, size and noise while enhancing product efficiency. Apart from this, the launch of advanced SMPS transformers with multiple secondary windings that generate different voltage outputs has bolstered the market growth. Furthermore, the growing applications in industrial control systems and machine tools owing to flexible power conversion and reduced shipping costs have augmented the product demand. Besides this, several key players are investing in research and development (R&D) projects to introduce eco-friendly product variants due to the rising environmental concerns. Moreover, the emergence of the Internet of Things (IoT), growing demand for miniaturized electronic components and expanding automotive industry that employs SMPS transformers in portable car chargers are some of the other factors providing a positive market outlook.

Market Summary:

  • Based on the type, the market has been divided into AC to DC, DC to DC, DC to AC, and AC to AC. 
  • On the basis of the application, the market has been classified into communication, automotive, consumer electronics, and others. 
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. 
  • The competitive landscape of the market has also been analyzed, with some of the key players being APX Technologies Inc., Coil Winding Specialist Inc., Hang Tung Electronic Technology Co. Ltd., Infineon Technologies AG, Premier Magnetics Inc., Prisource Electronics Co. Ltd., Pulse Electronics Corporation (Yageo Group), Sumida Corporation, Tamura Corporation, TDK Electronics AG, and West Coast Magnetics.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered APX Technologies Inc., Coil Winding Specialist Inc., Hang Tung Electronic Technology Co. Ltd., Infineon Technologies AG, Premier Magnetics Inc., Prisource Electronics Co. Ltd., Pulse Electronics Corporation (Yageo Group), Sumida Corporation, Tamura Corporation, TDK Electronics AG, and West Coast Magnetics
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1 631 791 1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Switch Mode Power Supply Transformers Market to Grow at 2.6% During 2024-2032, Bolstered by Increasing Sales of Consumer Electronics
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More