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AC-DC Power Supply Adapter Market Expected to Reach $24.5 Billion, Globally, By 2031 at 8.0% CAGR: Allied Market Research

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The AC-DC power supply adapter market is driven by factors such as the surge in demand for efficient and low-voltage high-current processors and an advancement in consumer electronics, medical, and automotive sectors.

PORTLAND, Ore., July 11, 2023 /PRNewswire/ — Allied Market Research published a report, titled,AC-DC Power Supply Adapter Market By Type (AC-DC Wall Power Adapter, and AC-DC External Plug-in Power Adapter), Application (Home Appliances, Computer and Laptop, Mobile Phones and Wearable, Electronics, Automotive, Lighting Solutions, and Others), Industry Vertical (Consumer Electronics, Telecommunications, Food and Beverages, Medical and Healthcare, Military and Aerospace, and Industrial) and Sales Channel (Direct Sales, and Indirect Sales): Global Opportunity Analysis and Industry Forecast, 2022–2032″. According to the report, the global AC-DC power supply adapter industry generated $11.2 billion in 2022, and is projected to reach $24.5 billion by 2031, registering a CAGR of 8.0% from 2022 to 2031.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/12788 

Prime Determinants of Growth

The AC-DC power supply adapter market analysis is anticipated to expand significantly during the forecast period owing to surge in demand for efficient and low-voltage high-current processors, increase in advancements in consumer electronics, medical, and automotive sectors, and technologically advanced AC-DC power supply. Additionally, during the forecast period, the AC-DC Power supply adapter market is anticipated to benefit from the advent of digital transformation and automation for AC-DC power supply adapters. On the contrary, surge in mandatory safety standards and compliance with regulations is the prime restraint for AC-DC power supply adapter market growth during the forecast period. Nevertheless, the advent of digital transformation and automation is expected to provide prolific growth opportunities in the upcoming years.

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Report Coverage and Details:

Report Coverage

Details

Forecast Period

2022–2031

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Base Year

2022

Market Size in 2021

$11.2 billion

Market Size in 2031

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$24.5 billion

CAGR

8.0 %

No. of Pages in Report

423

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Segments Covered

Type, Application, Industry Vertical, Sales Channel, and Region

Drivers

The surge in demand for efficient and low-voltage high-current processors

The advancement in consumer electronics, medical, and automotive sectors

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The advancements in consumer electronics, medical, and automotive sectors

Opportunities

The advent of digital transformation and automation

Restraints

The surge in mandatory safety standards and compliance with regulations

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COVID-19 Scenario:

  • The pandemic had presented both challenges and opportunities for the AC-DC Power supply adapter market. The pandemic highlighted the importance of resilient power infrastructure to support essential services and remote working.
  • Prime vendors recognized the need to invest in reliable electrical systems, including high voltage and current integrated circuits (ICs), to ensure uninterrupted power supply. This increased focus on resilient infrastructure presents opportunities for the AC-DC power supply adapter market.

The AC-DC wall power adapter segment to maintain its leadership status throughout the forecast period.

Based on type, the AC-DC wall power adapter segment held the highest market share in 2022, accounting for nearly three-fourths of the global AC-DC power supply adapter market revenue, and is estimated to maintain its leadership status throughout the forecast period, as it is known for its small size & flexibility, and it is widely used in consumer electronics, where appliances such as smartphones, laptops and others are used widely. Moreover, the AC-DC external plug-in power adapter segment is projected to manifest the highest CAGR of 8.8% from 2023 to 2032, driven by growing adoption of industrial automation across various sectors, including manufacturing, oil and gas, utilities, transportation, and mining.

The consumer electronics segment to maintain its leadership status throughout the forecast period.

Based on industry vertical, the consumer electronics segment held the highest market share in 2022, accounting for more than half of the global AC-DC power supply adapter market revenue, and is estimated to maintain its leadership status throughout the forecast period, as it is known for its small size & flexibility, and it is widely used for TVs, PCs, tablets, smartphones, wearables, speakers and headphones, digital cameras, gaming consoles, and augmented reality (AR) and virtual reality (VR) devices. Moreover, the industrial segment is projected to manifest the highest CAGR of 9.3% from 2023 to 2032, driven by growing adoption of industrial automation across various sectors, including manufacturing, oil and gas, and others.

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The direct sales segment to maintain its leadership status throughout the forecast period.

Based on sales channel, the direct sales segment held the highest market share in 2022, accounting for more than three-fourths of the global AC-DC power supply adapter market revenue, and is estimated to maintain its leadership status throughout the forecast period, as most of the customers prefer buying the adapters directly from the manufacturers, as it provides warranty and guarantee for a period of time. Moreover, the indirect sales segment is projected to manifest the highest CAGR of 9.7% from 2023 to 2032, as manufacturers can access a larger consumer base and increase their market presence owing to the enormous reach and established networks of intermediaries including wholesalers, distributors, and retailers. Since these intermediaries already have connections to retailers and end consumers, more markets can be served, and distribution can be done effectively.

Asia-Pacific to maintain its dominance by 2032.

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global AC-DC power supply adapter market revenue. This region is expected to witness the fastest CAGR of 9.2% from 2023 to 2032 and is likely to dominate the market during the forecast period, owing to the increase in infrastructure of utilities and increase in sales of consumer electronics. 

Want to Access the Statistical Data & Graphs, and Key Players’ Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/12788 

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Leading Market Players:

  • Ametek Inc.
  • B&K Precision Corporation
  • Delta Electronics, Inc.
  • ETA-USA
  • Huawei Technologies Co., Ltd.
  • ITECH ELECTRONIC CO., LTD.
  • Keysight Technologies
  • KIKUSUI ELECTRONICS CORP
  • Rohde & Schwarz
  • TEKTRONIX, INC.

The report provides a detailed analysis of these key players of the global AC-DC power supply adapter market. These players have adopted different strategies such as product development, and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits For Stakeholders:

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ac-dc power supply adapter market analysis from 2022 to 2032 to identify the prevailing ac-dc power supply adapter market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the ac-dc power supply adapter market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global ac-dc power supply adapter market trends, key players, market segments, application areas, and market growth strategies.

AC-DC Power Supply Adapter Market Key Segments:

By Type:

  • AC-DC Wall Power Adapter
  • AC-DC External Plug-in Power Adapter

By Application:

  • Home Appliances
  • Computer and Laptops
  • Mobile Phones and Wearable
  • Electronics
  • Automotive
  • Lighting Solutions
  • Others

By Industry Vertical:

  • Consumer Electronics
  • Telecommunications
  • Food and Beverages
  • Medical and Healthcare
  • Military and Aerospace
  • Industrial

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By Region:

  • North America (U.S., Canada, and Mexico)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)
  • LAMEA (Latin America, Middle East and Africa)

Procure Complete Report (423 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3O7zqnL 

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About Us:

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Blockchain

Blocks & Headlines: Today in Blockchain – May 7, 2025 | Coinbase, Riot Games, Curve DAO, Litecoin, AR.IO

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Today’s blockchain and cryptocurrency landscape is as dynamic as ever, with marquee partnerships, industry-wide reckonings, and groundbreaking applications reshaping how we think about digital assets. In this op-ed style daily briefing, we explore five major developments from May 6 – 7, 2025:

  1. Coinbase & Riot Games Forge Esports Alliance

  2. “Too Many Blockchains?” Industry Introspection

  3. Blockchain’s Health-Tech Revolution

  4. Valour Adds Curve DAO & Litecoin ETPs in the Nordics

  5. AR.IO Enables Credit-Card Onramps for Web3 Identity & Hosting

Through concise yet detailed coverage, we analyze each story’s implications for blockchain, cryptocurrency, Web3, DeFi, and NFTs. Welcome to your Blocks & Headlines daily briefing—where opinion meets analysis.


1. Coinbase & Riot Games Forge Esports Alliance

Source: Coinbase Blog
Date: May 6, 2025

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In a landmark partnership that bridges digital finance with digital competition, Coinbase has been named the exclusive cryptocurrency exchange and official blockchain technology partner of Riot Games’ global League of Legends and VALORANT esports events. Starting with the VCT Masters tournament in Toronto on June 7, Coinbase will integrate “live Econ Reports” and “Gold Grind” segments into broadcasts, offering running analyses of in-game currency flows, alongside exclusive digital drops like emotes and icons redeemable by viewers.

Opinion: This move is a masterstroke for mainstream crypto adoption. Esports’ digitally native fanbase aligns perfectly with blockchain’s ethos of transparency and community governance. Coinbase’s embrace of in-game analytics not only educates viewers on micro-economies but also paves the way for future on-chain game mechanics—potentially unlocking true digital ownership of skins and items as NFTs. Expect other exchanges to follow suit or risk missing out on Gen Z’s next frontier of fandom.


2. “Too Many Blockchains?” Industry Introspection

Source: Blockworks
Date: May 6, 2025

As venture capital floods yet another dozen Layer-1 protocols each quarter, seasoned observers are questioning sustainability. Donovan Choy of Blockworks highlights that new chains like Camp Network, Unto, and Miden collectively raised north of $70 million in the past week alone—despite Sui’s market-cap spike lacking any commensurate fee revenue. While some attribute this proliferation to speculative greed chasing the elusive L1 premium, others credit genuine technical divergence—differing visions on execution environments, MEV capture, and data-availability layers.

Opinion: The free market appears to be self-correcting: L1 valuations are compressing, and public markets are already signaling fatigue. Yet, technical fragmentation has its merits—competition drives innovation in consensus, sharding, and gas-fee economics. The looming challenge is application-chain misalignment: developers face choice paralysis and liquidity fragmentation. A pivot toward cross-chain composability—and perhaps the rise of federated execution environments—will determine which chains survive the next cycle. Investors should look for interoperability roadmaps rather than mere tokenomics hype.

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3. Blockchain’s Health-Tech Revolution

Source: DataHorizzon Research via OpenPR
Date: May 7, 2025

Blockchain in healthcare is projected to surge from a $4.57 billion market in 2023 to $34.7 billion by 2033 (CAGR 22.9%). Key drivers include:

  • Data Integrity & Security: Immutable ledgers ensure tamper-proof electronic health records, bolstering HIPAA and GDPR compliance.

  • Interoperability: Permissioned smart contracts automate cross-institutional data access, alleviating EHR fragmentation.

  • Supply-Chain Traceability: Real-time drug tracking combats counterfeits and streamlines recalls.

  • Claims Automation: Shared ledgers reduce fraud and billing lags via automated smart-contract adjudication.

  • Research Collaboration: Timestamped trial data and consent forms create verifiable audit trails.

Leading players—IBM Watson Health, Guardtime, Longenesis, Chronicled, BurstIQ, and more—are moving beyond pilots in Estonia and Merck’s vaccine cold-chain projects toward enterprise-scale rollouts.

Opinion: Healthcare’s conservative nature makes blockchain’s strides here particularly noteworthy. The confluence of AI analytics with secure datasets promises predictive diagnostics powered by immutable provenance. Yet, regulatory uncertainty and integration with legacy EHR platforms remain significant hurdles. The winners will be those who offer turnkey compliance frameworks and hybrid on-chain/off-chain models that respect “right to be forgotten” laws while preserving auditability.


4. Valour Adds Curve DAO & Litecoin ETPs in the Nordics

Source: GlobeNewswire (via GlobeNewswire and CoinCentral)
Date: May 7, 2025

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DeFi Technologies’ subsidiary Valour has listed single-asset SEK-denominated ETPs for Curve DAO (CRV) and Litecoin (LTC) on Sweden’s Spotlight Stock Market—bringing its Nordic ETP lineup to over 67 products on the path to 100 by year-end. Upcoming listings include Tron (TRX), Stellar (XLM), and leveraged Bitcoin (BTC 2×) and Ethereum (ETH 2×) products.

Opinion: ETPs bridge traditional capital markets with on-chain assets, offering regulated wrappers for institutional and retail investors. Valour’s Nordic expansion underscores Europe’s leadership in crypto security tokenization. However, as ETP count balloons, product fatigue may set in. Success lies not in sheer quantity but in thematic curation and transparent fee structures—particularly for DeFi-native tokens like CRV, where governance risk and protocol upgrades can materially impact value.


5. AR.IO Enables Credit-Card Onramps for Web3 Identity & Hosting

Source: Chainwire (as published by MENAFN)
Date: May 6, 2025

AR.IO—the world’s first permanent cloud network built on Arweave—has launched “Turbo,” an open-source bundler that lets users purchase Arweave credits via credit card for its ArNS domain‐name and web-hosting service. ArNS domains are immutable smart contracts on Arweave, offering permanent websites and on-chain identities without renewal fees, served by 400+ decentralized gateways.

Opinion: Simplifying fiat → crypto onramps remains a critical barrier for mainstream Web3 adoption. By integrating credit-card payments, AR.IO lowers friction for developers and businesses wanting censorship-resistant hosting. The true long-term play is embedding real-world payment rails into decentralized infrastructure—setting a precedent for other ledger-based services (e.g., Filecoin, IPFS pinning). If AR.IO can combine permanency with user-friendly billing, we may witness a tipping point in Web3’s shift from hobbyist experiments to enterprise solutions.

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Conclusion

Today’s slate of headlines spans from consumer-facing esports innovations to deep industry self-reflection, from life-saving healthcare applications to sophisticated investment vehicles, and finally, critical infrastructure enabling mainstream onramps. Across every sector—gaming, finance, healthcare, asset management, and infrastructure—the recurring theme is bridging gaps:

  • On-chain & off-chain: through fiat onramps and traditional ETP listings

  • New chains & legacy systems: via interoperability and hybrid architectures

  • Speculation & real-world utility: with tangible ROI in healthcare and esports

For enthusiasts and professionals alike, the imperative is clear: focus on solutions that marry blockchain’s core benefits—transparency, security, decentralization—with seamless user experiences and regulatory alignment. Only then will we see blockchain and crypto transcend niche fervor to become indispensable pillars of tomorrow’s digital economy.

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Blockchain Press Releases

GRVT Launches Biggest Ever Trading Competition for Retail Traders, Offering Up to 175,000 USDT in Prizes

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SINGAPORE, May 7, 2025 /PRNewswire/ — GRVT (pronounced “gravity”), the world’s first licensed onchain exchange – is excited to announce its largest trading competition to date, running from May 7 to June 5, 2025. The competition offers retail traders the chance to win a share of up to 175,000 USDT and 85 million Trader Points.

The event is open to all KYC-verified GRVT users and features a volume-based rewards system with nine reward bands and 15 prize levels. Participants will be rewarded based on their total trading volume during the competition period. The total reward pool will expand as the overall trading volume increases.

Early participants can also take advantage of special bonus rewards, and lucky traders will receive exclusive GRVT-branded merchandise.

Hong Yea, co-founder and CEO of GRVT, commented, “This trading competition marks the biggest event for our retail traders since our Mainnet launch at the end of last year. I am incredibly proud of what the team has delivered since Mainnet, and I’m grateful for the enthusiasm and support from our global community. We are committed to continuous improvement and look forward to bringing even more exciting opportunities to our users.”

For full details about the GRVT Trading Competition, including the complete rules and reward structure, please visit: https://help.grvt.io/en/articles/11168184-grvt-trading-rush

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Disclaimer: Perpetuals trading of cryptocurrencies is subject to high market risk and price volatility and you may be called upon at short notice to commit further margin deposits or risk being liquidated. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our Risk Disclosure and Disclaimer in full.

Singapore users: GRVT is not licensed, approved, authorised, designated, recognised, registered or otherwise regulated under any legislation administered by the Monetary Authority of Singapore (“MAS”). As such, users will not have the benefit of any regulatory safeguards imposed by the MAS.

About GRVT

GRVT (pronounced “gravity”) is a blockchain-based platform that is democratizing how wealth is created and shared. It allows everyday people to trade, invest, and grow their wealth by providing direct access to top industry traders and investors. As the world’s first licensed onchaindecentralized exchange, GRVT is where traditional banking meets decentralized innovation on one regulated, compliant, trustless financial market place.

GRVT official website: https://grvt.io/

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Blockchain Press Releases

Pharos Network Unveils High-Performance Layer 1 Testnet to Unlock RWA Adoption

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HONG KONG, May 7, 2025 /PRNewswire/ — Pharos Network, a high-performance blockchain built for real-world assets (RWAs), announced the launch of its Testnet today. Designed for institutional-grade RWAs and enterprise-scale DeFi, Pharos offers a next-generation, modular infrastructure that addresses the key bottlenecks preventing institutions from entering Web3. The platform powers scalable deployment of decentralized applications, enables efficient payment solutions, and unlocks new use cases for tokenized assets.

The Pharos Testnet achieves up to 30,000 transactions per second with one-second finality, setting a new benchmark for Layer 1 blockchain performance. Its GPU-like architecture could support billions of users and reduce storage usage by 80%. The network also features built-in support for decentralized AI and privacy preserving SPN. With ZK-based KYC/AML capabilities, Pharos ensures enterprise-ready security and compliance. It remains fully EVM-compatible, offering faster and cheaper transactions, while enabling flexible, on-chain innovation.

Pharos’s product stack directly addresses the core bottlenecks in RWA adoption—scalability, compliance, and flexibility—unlocking new use cases across sectors such as renewable energy industry finance, payment, supply chain finance, and tokenized real estate. Its modular, high-throughput infrastructure enables secure deployment of RWA at scale, while meeting the regulatory and performance demands of the financial industry.

A growing ecosystem is already emerging on the Pharos Testnet, enabling innovative Defi use cases for RWAs. As an early collaborator of Pharos, OKX Wallet will support Pharos Testnet natively at launch. Early Pharos ecosystem projects include Zenith Swap, ELFi, Buzzing Club, Nextmate.AI, Faroswap, R2, OpenFi, Hemera, Blocksense, Supra, and more.

Founded by former AntChain and Alibaba blockchain leaders, the Pharos team brings deep enterprise experience, uniquely positioning it to deliver enterprise-grade solutions for institutions exploring green finance, payments, and new forms of programmable ownership and asset tokenization.

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“The Pharos Testnet represents a significant milestone in our mission to unlock the true potential of RWAs. By providing a high-performance, scalable, and adaptable platform, Pharos meet the needs of bringing real world assets on a chain and bringing utilities to these assets.” said Alex Zhang, CEO of Pharos Network. “We’re excited to watch innovation flourish on Pharos and accelerate the convergence of traditional finance and decentralized technology.

Developers and users can access and experience the Testnet by visiting testnet.pharosnetwork.xyz.

About Pharos

Pharos Network is a revolutionary Layer 1 blockchain platform that sets new benchmarks in decentralized technology with its extreme performance and scalability. Founded by ex-blockchain leaders from Ant Financial and Alibaba, Pharos aims to build the best chain for RWAs and enterprise-grade DeFi, achieving the highest EVM Layer-1 performance with 50K TPS and being the first to reach 2 gigagas/sec. In addition, Pharos is a co-developer of SmartCogent, an AI toolkit for large language models (LLMs), and the core development team of DTVM technology. For more information, please visit https://pharosnetwork.xyz.

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