The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including type, application, and regions.

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Leading Players in the Switch Mode Power Supply Transformers Market:

The Switch Mode Power Supply Transformers Market is fairly fragmented, and a number of global and regional players operating in the market are:

TDK Electronics AG
APX Technologies Inc.
Butler Winding
Coil Winding Specialist, Inc.
Hang Tung Electronic Technology Co., Ltd.
Infineon Technologies AG
Kunshan Hengyi Electrical Appliance Co., Ltd.
Prem Magnetics
Premier Magnetics, Inc.
Prisource Electronics Co., Ltd.
Switch Mode Power Supply Transformers Market drivers:

The significant factors contributing to the growth of the SMPS transformers market over the forecast period include emerging demand for consumer electronics among end-users, growing need to manage the size and weight of the electronic circuit of electronic devices, higher efficiency of switch mode power supply (SMPS) than linear regulators. Moreover, lightweight, high efficiency, lower costs, compact size, and flexibility in terms of power conversion, among other advantageous features, have further led to an upsurge in demand for switch mode power supply (SMPS) transformers.

The rising adoption of SMPS transformers for a wide range of applications, including railway systems, machine tools, industrial controls systems, security systems used in computer systems, offices, safety systems, and electric vehicles, among others, is expected to fuel the growth of the market. Moreover, the growing introduction of IoT and the increasing inclination of companies towards developing energy-efficient devices and miniaturization of electronic components are propelling the growth and development of the switch mode power supply transformers market. On the other hand, volatility in raw materials prices and instability of the supply chain due to the COVID-19 pandemic are certain factors that will hinder the market growth.

Switch Mode Power Supply Transformers Market Segmentation:

According to the report published by GMI Research, titled “Switch Mode Power Supply Transformers Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Type:

AC to DC
DC to DC
DC to AC
AC to AC
By Application:

Communications
Industrial
Consumer Electronics
Others
By Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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