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Switching Power Supply Market - Global Outlook and Forecast 2022-2028
Due to the COVID-19 pandemic, the global Switching Power Supply market size was value at US$ 27,961.80 million in 2021 and is forecast to be a readjusted size of US$ 38,879.87 million by 2028 with a CAGR of 4.67% during the forecast period 2022-2028.

- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The global main manufacturers of Switching Power Supply include DELTA, Lite-On Technology, MEAN WELL, Chicony Power Technology, Siemens, AcBel Polytech, Schneider, ABB, and Omron, etc. In 2021, the global six largest players have a share approximately 39.89% in terms of revenue.
The North America Switching Power Supply market size was US$ 2,792.17 million in 2021, while China was about US$ 11,783.74 million. The proportion of the China was 42.14% in 2021 and it is predicted that the share will reach 45.07% in 2028, trailing a CAGR of 5.61% through the analysis period. As for the Europe Switching Power Supply landscape, Germany is projected to reach US$ 637.83 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 2.56% and 2.82% respectively for the next 6-year period.
Fully considering the economic change by the COVID-19, AC/DC accounting for 87.66% of the Switching Power Supply global market in 2021, is projected to value US$ 34,295.27 million by 2028, growing at a revised 4.73% CAGR from 2022 to 2028. While Consumer Electronics segment is altered to an4.80% CAGR throughout this forecast period and will hold a share about 47.58% in 2028.
A switched-mode power supply (switching-mode power supply, switch-mode power supply, switched power supply, SMPS, or switcher) is an electronic power supply that incorporates a switching regulator to convert electrical power efficiently. Like other power supplies, an SMPS transfers power from a DC or AC source (often mains power) to DC loads, such as a personal computer, while converting voltage and current characteristics.
This report contains market size and forecasts of Switching Power Supply in global, including the following market information:
- Global Switching Power Supply Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Switching Power Supply Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five Switching Power Supply companies in 2021 (%)
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
AC/DC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Switching Power Supply include DELTA, Lite-On Technology, MEAN WELL, Chicony Power Technology, Siemens, AcBel Polytech, Schneider, ABB and Omron, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Switching Power Supply manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Switching Power Supply Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Switching Power Supply Market Segment Percentages, by Type, 2021 (%)
- AC/DC
- DC/DC
Global Switching Power Supply Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Switching Power Supply Market Segment Percentages, by Application, 2021 (%)
- Consumer Electronics
- Industrial
- Telecom
- Others
Global Switching Power Supply Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global Switching Power Supply Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Switching Power Supply revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Switching Power Supply revenues share in global market, 2021 (%)
- Key companies Switching Power Supply sales in global market, 2017-2022 (Estimated), (M Units)
- Key companies Switching Power Supply sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- DELTA
- Lite-On Technology
- MEAN WELL
- Chicony Power Technology
- Siemens
- AcBel Polytech
- Schneider
- ABB
- Omron
- Puls
- PHOENIX
- TDK-Lambda
- Cosel
- MOSO
- 4NIC
- Weidmuller
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