South Korea External AC-DC Power Supply Market was valued at USD 2.2 Billion in 2022 and is projected to reach USD 3.4 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The South Korea External AC-DC Power Supply Market is witnessing significant growth, driven by increasing demand from various industries that rely on stable and efficient power sources. The external AC-DC power supply plays a crucial role in converting alternating current (AC) into direct current (DC) for electronic devices, industrial equipment, and communications systems. As industries across South Korea strive for innovation and improved functionality, the requirement for reliable power supply systems has grown in tandem.
In particular, the rise in consumer electronics and electric vehicles has created a robust demand for these power supplies. The South Korean consumer electronics market, one of the largest in Asia, requires external AC-DC power supplies to support products like smartphones, laptops, and gaming consoles. Additionally, the automotive industry, with its increasing focus on electric vehicles, demands external AC-DC power supplies that can handle the high power requirements for battery charging and management systems.
The South Korea External AC-DC Power Supply Market is categorized into various types, such as enclosed, open-frame, and modular power supplies, each serving different industrial needs. Enclosed power supplies are commonly used in consumer electronics due to their compact size and efficiency. Open-frame power supplies are favored in industrial settings where space constraints are less critical but high power output is essential. Modular power supplies are becoming more popular for their scalability, particularly in sectors requiring specialized configurations, such as telecommunications and data centers.
In terms of industrial requirements, sectors like telecommunications, healthcare, and industrial automation place stringent demands on external AC-DC power supplies. Telecommunications companies require power supplies that can handle high voltage loads while ensuring continuous operation. In healthcare, reliable power sources are essential to maintain critical medical devices. Meanwhile, industries like automation and robotics need power supplies capable of managing high efficiency and performance for machinery and systems in real-time operations.
The South Korea External AC-DC Power Supply Market continues to evolve as new technologies emerge. The push for more energy-efficient solutions, combined with an increasing reliance on renewable energy sources, is expected to further drive innovation and demand for advanced external AC-DC power supplies. These power systems are poised to play an even greater role in ensuring that industries can meet the growing energy needs of the future.
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Delta(Eltek)
Lite-On Technology
Acbel Polytech
Salcomp
Chicony Power
Emerson(Artesyn)
Flextronics
Mean Well
TDK Lambda
Phihong
FSP Group
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea External AC-DC Power Supply Market
Consumer Electronics
Industrial Applications
Medical Devices
Telecommunication
Automotive
External AC-DC Power Adapters
Modular Power Supplies
Wall Mount Power Supplies
Low Power (Up to 25W)
Medium Power (26W to 150W)
High Power (Above 150W)
Single Output
Dual Output
Multiple Output
Constant Voltage
Constant Current
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea External AC-DC Power Supply Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea External AC-DC Power Supply Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea External AC-DC Power Supply Market, By Type
6. South Korea External AC-DC Power Supply Market, By Application
7. South Korea External AC-DC Power Supply Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea External AC-DC Power Supply Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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