AC DC Converter Market Trends and Investment Opportunities by 2030
tusharJuly 14, 2021
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AC DC converter is a rectifying device that converts AC voltage to DC voltage. The AC DC converter inputs AC power, and then filters and rectifies to convert AC into DC power. The AC DC converters are increasingly used in portable electronic devices such as laptop, cellular phones, and computers. As the demand for these portable devices is on rise, the global AC-DC converter market is expected to witness high growth. The AC DC converter finds its application in diverse sectors such as in spacecraft power systems, buses, and lighting system, which are then used by various end users such as consumer electronics, IT, telecommunication, energy, power, and automotive.