Global AC/DC Chip Market - 2023-2030
Description
Global AC/DC Chip Market - 2023-2030
The Global AC/DC chip market reached US$ 31.3 billion in 2022 and is expected to reach US$ 64.2 billion by 2030, growing with a CAGR of 9.4% during the forecast period 2023-2030. Governments and organizations across the globe are emphasizing energy efficiency and the reduction of carbon emissions. AC/DC chips are vital in energy-efficient power supplies, increasing efficiency and reducing power losses during conversion.
Germany has a well-established semiconductor industry with several leading companies specializing in power electronics and AC/DC chip technology. These companies contribute to developing and producing advanced AC/DC chip solutions that meet the demanding requirements of various applications.
Infineon Technologies, a German semiconductor manufacturer, is one of the key players in the Global AC/DC Chip Market. They have been at the forefront of AC/DC chip innovation, offering high-performance solutions for various applications. Infineon's AC/DC chips feature advanced power conversion capabilities, high efficiency and intelligent control algorithms. Therefore, Germany has witnessed a surge in demand for semiconductors and chips and it is accounted for more than 1/3rd of the regional shares.
Market Dynamics
Rise in Industrial Automation
Industrial automation systems often have limited space for power supply components. Recent developments in AC/DC chip technology include miniaturization and compact design, enabling the integration of power conversion functions into smaller form factors. This trend allows manufacturers to optimize space utilization and enhance the overall efficiency of industrial automation systems.
Energy efficiency is crucial in industrial automation to reduce operational costs and environmental impact. AC/DC chips are continuously being improved to provide higher efficiency, reducing power losses during conversion. Recent developments in AC/DC chip technology focus on achieving higher efficiency levels, enabling energy savings in industrial automation systems.
Shift towards Energy Efficiency
Energy-intensive industries such as data centers, telecommunications, automotive and manufacturing strongly focus on energy efficiency. AC/DC chips are crucial in powering and controlling the equipment and machinery in these industries. Recent developments in AC/DC chip technology cater to these industries' specific energy efficiency requirements, optimizing power conversion and minimizing energy losses.
The global transition towards renewable energy sources creates a demand for AC/DC chips in power electronics applications. AC/DC chips are used in solar inverters, wind turbine systems and energy storage systems, enabling efficient power conversion and integration into the electrical grid. Recent developments focus on improving the efficiency and reliability of AC/DC chips for renewable energy applications.
High Initial Investment
The high initial investment in the AC/DC chip market can increase production costs. These costs include the expenses associated with research and development and those related to manufacturing infrastructure, materials and skilled labor. As a result, companies may face challenges in maintaining competitive pricing for their products, which could affect market demand and overall growth.
Due to the substantial upfront investment, AC/DC chip companies may experience a long break-even period. It takes time for companies to recoup their initial investment and start generating profits. This extended period can slow down the market's growth as it restricts companies' ability to reinvest in expansion, research and development.
COVID-19 Impact Analysis
Like many other industries, the Global AC/DC Chip Market experienced disruptions in its supply chains due to lockdowns, travel restrictions and factory closures. The interruption of component supplies and manufacturing operations led to delays in production, lower product availability and increased lead times.
The pandemic resulted in uncertain market conditions and fluctuating demand for AC/DC chips. While some sectors, such as consumer electronics and telecommunication, experienced increased demand for products that utilize AC/DC chips due to remote work and increased digital reliance, other sectors, such as automotive and industrial, faced a decline in demand. This variation in demand created a mixed impact on the overall market.
Segment Analysis
The Global AC/DC Chip Market is segmented based on type, application, power range and region.
Energy Efficiency Initiatives Drive the Growth of the Drives the Growth of the Low-Power AC/DC Chip
Global initiatives and regulations promoting energy efficiency and environmental sustainability drive the demand for low-power AC/DC chips. Governments and regulatory bodies impose stricter energy efficiency standards on various industries, pushing for more energy-efficient solutions. Low-power AC/DC chips help reduce power consumption and contribute to achieving energy-saving goals.
The medium-power AC/DC chip segment caters to various applications, including industrial equipment, consumer electronics, appliances and automotive electronics. This segment has seen growth due to the expansion of industrial automation, the adoption of electric vehicles and the demand for energy-efficient solutions in various sectors.
Medium-power AC/DC chips can provide reliable power conversion and control for these applications. Therefore, medium power AC/DC chip is the second largest segment in the power range segment and is estimated to grow at a significant CAGR during the forecatsed period.
Geographical Analysis
China's Consumer Electronics Boom Propels Dominance in the AC/DC Chip Market
China's robust manufacturing capabilities have significantly contributed to its dominance in the Asia-Pacific AC/DC chip market. The country has developed a strong infrastructure and a well-established supply chain ecosystem for electronics manufacturing. It offers a favorable environment for producing AC/DC chips and related electronic components efficiently and cost-effectively.
China's exports of smartphones, laptops and other consumer electronics have a considerable influence on the global market. The AC/DC chips integrated into these devices are often sourced from domestic manufacturers, strengthening China's position in the worldwide AC/DC chip market. Therefore, China accounts for more than half of the regional shares and is expected to dominate the regional market with a significant margin.
Competitive Landscape
The major global players include Texas Instruments Inc., ON Semiconductor Corporation, STMicroelectronics N.V., Infineon Technologies AG, Maxim Integrated Products, Inc., ROHM Co., Ltd., Dialog Semiconductor PLC, NXP Semiconductors N.V., Renesas Electronics Corporation and Microchip Technology Inc.
Why Purchase the Report?
• To visualize the Global AC/DC Chip Market segmentation based on type, application, power range and region and understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous AC/DC chip market-level data points with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The Global AC/DC Chip Market Report Would Provide Approximately 61 Tables, 59 Figures And 210 Pages.
Component 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
Table of Contents
210 Pages
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Type
- 3.2. Snippet by Application
- 3.3. Snippet by Power Range
- 3.4. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Rise in Industrial Automation
- 4.1.1.2. Shift Towards Energy Efficiency
- 4.1.2. Restraints
- 4.1.2.1. High Initial Investment
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Force Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID
- 6.1.2. Scenario During COVID
- 6.1.3. Scenario Post COVID
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. AC*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. DC
- 8. By Application
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 8.1.2. Market Attractiveness Index, By Application
- 8.2. Consumer Electronics*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Industrial Electronics
- 8.4. Automotive
- 8.5. Healthcare
- 8.6. Telecommunications
- 8.7. Others
- 9. By Power Range
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Power Range
- 9.1.2. Market Attractiveness Index, By Power Range
- 9.2. Low Power AC/DC Chip*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Medium Power AC/DC Chip
- 9.4. High Power AC/DC Chip
- 10. By Region
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 10.1.2. Market Attractiveness Index, By Region
- 10.2. North America
- 10.2.1. Introduction
- 10.2.2. Key Region-Specific Dynamics
- 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Power Range
- 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.2.6.1. The U.S.
- 10.2.6.2. Canada
- 10.2.6.3. Mexico
- 10.3. Europe
- 10.3.1. Introduction
- 10.3.2. Key Region-Specific Dynamics
- 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Power Range
- 10.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.3.6.1. Germany
- 10.3.6.2. The UK
- 10.3.6.3. France
- 10.3.6.4. Italy
- 10.3.6.5. Russia
- 10.3.6.6. Rest of Europe
- 10.4. South America
- 10.4.1. Introduction
- 10.4.2. Key Region-Specific Dynamics
- 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Power Range
- 10.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.4.6.1. Brazil
- 10.4.6.2. Argentina
- 10.4.6.3. Rest of South America
- 10.5. Asia-Pacific
- 10.5.1. Introduction
- 10.5.2. Key Region-Specific Dynamics
- 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Power Range
- 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 10.5.6.1. China
- 10.5.6.2. India
- 10.5.6.3. Japan
- 10.5.6.4. Australia
- 10.5.6.5. Rest of Asia-Pacific
- 10.6. Middle East and Africa
- 10.6.1. Introduction
- 10.6.2. Key Region-Specific Dynamics
- 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Power Range
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Market Positioning/Share Analysis
- 11.3. Mergers and Acquisitions Analysis
- 12. Company Profiles
- 12.1. Texas Instruments Inc.*
- 12.1.1. Company Overview
- 12.1.2. Product Portfolio and Description
- 12.1.3. Financial Overview
- 12.1.4. Recent Developments
- 12.2. ON Semiconductor Corporation
- 12.3. STMicroelectronics N.V.
- 12.4. Infineon Technologies AG
- 12.5. Maxim Integrated Products, Inc.
- 12.6. ROHM Co., Ltd.
- 12.7. Dialog Semiconductor PLC
- 12.8. NXP Semiconductors N.V.
- 12.9. Renesas Electronics Corporation
- 12.10. Microchip Technology Inc.
- LIST NOT EXHAUSTIVE
- 13. Appendix
- 13.1. About Us and Services
- 13.2. Contact Us
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
