Switch Mode Power Supply Transformers Market Size, Share & Trends Analysis growing at a CAGR of 4.7% from 2025 to 2030
The global switch mode power supply transformers market size was valued at USD 2.91 billion in 2024 and is projected to grow at a CAGR of 4.7% from 2025 to 2030. The growth of this market is primarily influenced by factors such as the product’s traditional efficiency, lightweight, compact design, and ability to deliver variable power conversion.
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Unlike traditional transformers, switch mode power supply transformers function at significantly higher frequencies, resulting in comparatively lesser energy loss and greater energy conversion efficiency. This makes it suitable for energy-efficient applications. The compact size enables its utilization in portable and smaller electronic devices. Switch mode power supply transformers are extensively used in servers, computers, cellphone chargers, advanced medical equipment, industrial power supplies, security systems, communication devices, etc. The product’s versatility, ability to provide galvanic isolation, and high-frequency application capabilities are expected to increase its utilization.
Switch-mode power supply transformers are equipped with capacities to respond quickly to sudden changes in power supply and variations, ensuring stable output voltage availability even while the load is varying. A few other benefits associated with switch-mode power supply transformers, such as reduced heat dissipation, enhanced reliability, and the requirement for less cooling, also contribute to their growing use.
Trends such as the miniaturization of products and growing demand for wearables such as fitness trackers, smartwatches, portable infotainment systems, and monitoring devices are expected to result in greater demand for switch mode power supply transformers from the consumer electronics industry during the forecast period. Significant growth in the use of smartphones, increasing dependency of businesses and individuals on technology-assisted systems and devices, growing use of monitors and screens, and increased utilization of advanced medical equipment in the healthcare services industry are expected to influence the growth experienced by this market.
Type Insights
The AC to DC segment dominated the global switch mode power supply transformer industry with revenue share of 47.7% in 2024. Consumer electronic devices and accessories such as mobile phone chargers, laptops, personal computers, televisions, monitors, and home appliances are primary application areas for this segment. Growing demand for industrial equipment such as automation systems, PLC systems, Variable Frequency Drives (VFDs), and others also contribute to the growing utilization of switch mode power supply transformers.
The DC to DC segment is projected to experience significant growth during the forecast period. Devices that are linked with DC to DC conversion include portable electronics such as laptops, smartphones, tablets, industrial equipment, communication devices, power management systems and others. Growing utilization of these devices and systems is adding growth opportunities for this segment.
