DUBLIN, July 04, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global AC and DC Adapter Market 2016-2020" report to their offering.
The global AC and DC adapters market is forecast to grow at a CAGR of 2.09% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: Although these mobile devices are developed with increased operational efficiency, battery chargers play a key role. This increases the need to charge devices frequently. However, problems such as lack of power sockets and compatibility issues of charger pins with other mobile devices make charging with conventional chargers difficult. The deployment of a common platform for charging devices in public places has become popular. Many public places such as railway stations, airports, and shopping malls have charging platforms. This leads to growth in the AC and DC adapters market.
According to the report, the growing popularity of mobile devices such as smartphones, tablets, and smartwatches is one of the major drivers contributing to the growth in the global AC and DC adapters market. Mobile technology enables people to access the internet, which has made access to data, business information, and email easy for users at any time and any location. Power-intensive applications in mobile devices such as smartphones and tablets consume a great amount of power, thus requiring effective battery backup. Therefore, the demand for efficient battery chargers is increasing, leading to growth in the AC and DC adapters market.
Further, the report states that growing popularity of wireless charging is hindering the market growth.
- Delta Electronics
- Dialog Semiconductor
- Jeckson Electronics
- Lester Electrical
- Minwa Electronics
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: About the Author
For more information visit http://www.researchandmarkets.com/research/vr29qx/global_ac_and_dc
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SOURCE Research and Markets