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Step-Down Voltage Regulator Market Segmentation by Type (AC Step-Down Regulator, and DC Step-Down Regulator); by Application {Adapters and Charger, XDSL Modems, Drones, Battery Management System (BMS), and Others}; and by End-User (Consumer Electronics, Aerospace and Defense, Telecommunications, Semiconductors, Healthcare, Industrial, Automotive, and Others) – Global Demand Analysis & Opportunity Outlook 2031

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IN THE NEWS

  • July 20, 2021: ABB ltd. announced the acquisition of ASTI Group, with the insight to drive next generation of flexible automation.

  • July 18, 2021: Chroma ATE Inc. launched a battery stabilizer Chroma 61500 AC to provide immunity and stability to the electronics system.

Global Step-Down Voltage Regulator Market Highlights over 2022 – 2031

The global step-down voltage regulator market is estimated to grow at a notable CAGR over the forecast period, i.e., 2022 – 2031. Step-down voltage regulator basically lowers the output voltage than its input voltage. The primary function of a step-down voltage regulator is to maintain the supply voltage within acceptable limits. A combination of step-up and step-down regulators is used in rechargeable batteries, to carry on the change-discharge function. The growth of the market can be attributed to the various advantages of step-down voltage regulator, including low current consumption, high input voltage, high output current, and wide temperature range. Step-down voltage regulators are used in computers, smartphone adapters and chargers, drones, smart watches, and others. Therefore, the growing sales of computers, laptops, and smartphones is estimated to boost the market growth. For instance, it was observed that more than 1.3 billion smartphones were sold across the world in 2020. Moreover, as per a report by the World Bank, 7.993 mobile subscriptions were active in 2019.  Such factors are further expected to boost the market growth.

Step-Down Voltage Regulator Market

The market is segmented by application into adapters and charger, XDSL modems, drones, battery management system (BMS), and others out of which, the adapters and charger segment is anticipated to hold a substantial share in the global step-down voltage regulator market over the forecast period on account of increasing demand for chargers for electronic appliances, especially smartphones and laptops. Step-down voltage regulators are required to protect the devices from any fluctuation in the current, and allow safe charging. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Research and Development Expenditure (% of GDP), 2015-2018

The never-ending growth in internet accessibility around the world along with numerous technological advancements comprising 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI) among others have significantly boosted the economic growth in the last two decades. As of April 2021, there were more than 4.5 billion users that were actively using the internet globally. Moreover, the growth in ICT sector has significantly contributed towards GDP growth, labor productivity, and R&D spending among other transformations of economies in different nations of the globe. Furthermore, the production of goods and services in the ICT sector is also contributing to the economic growth and development. As per the statistics in the United Nations Conference on Trade and Development’s database, the ICT good exports (% of total good exports) globally grew from 10.816 in 2015 to 11.536 in 2019. In 2019, these exports in Hong Kong SAR, China amounted to 56.65%, 25.23% in East Asia & Pacific, 26.50% in China, 25.77% in Korea, Rep., 8.74% in the United States, and 35.01% in Vietnam. These are some of the important factors that are boosting the growth of the market.

Global Step-Down Voltage Regulator Market Regional Synopsis

On the basis of geographical analysis, the global step-down voltage regulator market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of adoption of advanced technologies in the APAC region, along with the presence of various market leaders in the region.

The market in the North America region is anticipated to gain a substantial market share throughout the forecast period backed by the growing adoption of technology in the region. Moreover, higher internet penetration in the U.S. and Canada is estimated to boost the market growth. As per the data by the World Bank, 89.43% of the population in the U.S. used internet services in 2019.

Step-Down Voltage Regulator Market Share

The global step-down voltage regulator market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global step-down voltage regulator market includes the following segments:

By Type

  • AC Step-Down Regulator
  • DC Step-Down Regulator

By Application

  • Adapters and Charger
  • XDSL Modems
  • Drones
  • Battery Management System (BMS)
  • Others

By End-User

  • Consumer Electronics
  • Aerospace and Defense
  • Telecommunications
  • Semiconductors
  • Healthcare
  • Industrial
  • Automotive
  • Others

Growth Drivers

  • Growing Application of the Regulators in Adapters and Chargers
  • Increasing Sale of Smartphone and Laptops

Challenges

  • Competition from in-built Buck-Boost Regulators

Top Featured Companies Dominating the Market

  • ABB Ltd.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Analog Devices, Inc.
  • Cypress Semiconductor Corporation
  • Diodes Incorporated
  • Eaton Corporation
  • Infineon Technologies AG
  • Renesas Electronics Corporation
  • Maxim Integrated
  • Microchip Technology Inc.
  • Chroma ATE Inc.

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