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Global market for switch mode power supply 2019-2024

The market size for global switching mode power supply is expected to reach 26.88 billion U.S. dollars by 2024. Also called the switched power supply (SMPS), this power supply incorporates a switching regulator that is able to efficiently convert power, for example, from a DC or AC source (main power) to DC loads (personal electronic devices).

Size of switching mode power supply market worldwide in 2019 and 2024

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Source

Release date

December 2019

Region

Worldwide

Survey time period

2019

Supplementary notes

* Projection based on a CAGR of 2.3 percent.

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