AC-DC Controller Market Size, Share, Trends, Industry Analysis 2032
The overall market for AC-DC Controller market is expected to reach a worth pool of US$ 6,544 Million of every 2022. From 2022-to 2032, the market is supposed to extend at a CAGR of 7.4% while collecting a market esteem worth US$ 13,422 Million. The development of the business can be ascribed to the expanded utilization of AC-DC controllers in LED lighting applications.
AC-DC controllers are widely adopted by most of the enterprises that are manufacturing and dealing in consumer electronics products. The new generation AC-DC controller is a highly efficient control IC which has several advance features such as cost effective ultra-low standby power, high active mode efficiency and power factor correction. Now-a-days, AC/DC controllers like dual PWM controller are integrated with AC/DC power supplies in order to improve overall performance and efficiency of power supplies.
AC-DC Controller Market: Drivers and Restraints
The rising usage of AC-DC controller in LED lighting applications is turning to be the major factor driving the growth of AC-DC controller market. Moreover, rising adoption of AC-DC controller in industrial applications is also driving the demand of AC-DC controller market in positive manner.
Achieving high efficiency across load line is turning to be the major challenge faced by most of the vendors in AC-DC controller market.
Global AC-DC Controller Market: Competitive Landscape
Key Players
The major player operating in AC-DC Controller market includes ON Semiconductor, NXP Semiconductors, Infineon Technologies, Inc., Texas Instruments Incorporated, Diodes Incorporated, Campbell Scientific, Inc., ROHM Semiconductor, Richtek Technology and Curtiss-Wright etc.
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