Global External Power Supplies (EPS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global External Power Supplies (EPS) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

External power supplies (EPS) is a power conversion device for small portable electronic equipment and electronic appliances (such as computers, tablets and mobile phones). External power supplies convert current into lower AC or DC voltage, and many electronic products work at this voltage.

Market Overview:

The latest research study on the global External Power Supplies (EPS) market finds that the global External Power Supplies (EPS) market reached a value of USD 15232.58 million in 2022. It’s expected that the market will achieve USD 15723.43 million by 2028, exhibiting a CAGR of 0.53% during the forecast period.

COVID-19 promotes External Power Supplies sales in medical industry

With the increasing number of electronic instruments and equipment in contact with human body, besides the higher requirements for the performance of the instruments themselves, the consideration of human safety has also been paid more and more attention. Most medical equipment is equipped with External Power Supplies. With the continuous spread of epidemics in various places, the number of patients in various countries is increasing, and the use of hospital equipment is increasing day by day, which increases the demand for External Power Supplies.

COVID-19 promotes the close connection of External Power Supplies industry chain

Affected by the COVID-19 pandemic and the trade war between China and the United States, the global economy experienced a huge recession. The manufacturer of External Power Supplies is in the middle of the industry, and its turnover mainly depends on the downstream market drive. Only after the overall recovery of the industry can normal operation be resumed. Therefore, most enterprises have introduced various strategies to stimulate the economic recovery of the industry. For example, MEAN WELL launched a 3% stimulus plan, which gave back 3% of the shipment price to customers in different ways to stimulate demand. Closer links between industries. The External Power Supplies industry has been restored and developed to some extent.

Strength

External Power Supplies products have a wide range of applications and a broad market
External Power Supplies can be used in almost every field of our life, from entertainment equipment to daily necessities. In recent years, with the economic progress, the per capita income level has risen, and people's possession of portable electronic devices has been increasing, and entertainment devices have become richer and more diverse. The wide application fields have brought a broad market for External Power Supplies.
Perfect industrial chain of External Power Supplies industry
Due to the long development of the power supply industry, the mature products of External Power Supplies, and the complete industrial chain in the industry, large enterprises have their own high-quality raw material suppliers, perfect procurement channels, stable customers, and emerging new market demands, which are conducive to the further development of enterprises in the industry.

Weakness

The External Power Supplies industry is highly competitive
Global External Power Supplies has a broad market, and the emergence and development of 5G communication technology and electric vehicles have brought new markets to the industry. With the intensification of competition in the industry, enterprises producing External Power Supplies have to face not only competitors in the original market, but also new enterprises that have just entered the market, which will affect the market share and profits of enterprises in the industry.
Technological progress, product update speed is fast
With the development of technology, the upgrading of smart phones, notebook computers, audio equipment and other equipment, consumers' demand for External Power Supplies has also increased accordingly. Enterprises need to continuously develop products with smaller size, stronger conversion performance and better overall efficiency to attract downstream buyers and increase market share. This challenges the enterprise's product development and innovation.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia Pacific (94.75% in 2021).

Company Overview:

Delta Electronics is one of the major players operating in the External Power Supplies (EPS) market, holding a share of 19.36% in 2021.

Delta Electronics

Delta, founded in 1971, is a global provider of power and thermal management solutions. Its mission statement, To provide innovative, clean and energy-efficient solutions for a better tomorrow, focuses on addressing key environmental issues such as global climate change. As an energy-saving solutions provider with core competencies in power electronics and automation, Delta's business categories include Power Electronics, Automation, and Infrastructure.
Delta offers some of the most energy efficient power products in the industry, including switching power supplies with efficiency over 90%, telecom power with up to 98%, and PV inverters with up to 99.2% efficiency.

Lite-On Technology

Founded in 1975, LITEON embraces being “Best Partner in Opto-Electronic, Eco-Friendly and Intelligent Technologies” as its vision to focus on the development of optoelectronics and key electronic components, and strives to build up competitive edge through resource integration and optimized management. LITEON produces products that are used in a broad range of applications, such as computers, communications, consumer electronics, automotive electronics, LED lighting, cloud computing as well as healthcare. LITEON is a worldwide leading provider of optoelectronics, information technology and storage devices components.

Segmentation Overview:

As for product types, the Up to 10W segment held the largest market share in 2021.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2017 to 2022.

Key Companies in the global External Power Supplies (EPS) market covered in Chapter 3:

Mean Well
GlobTek
artesyn
Acbel Polytech
FSP
Lite-On Technology
Flextronics
Chicony Power
Phihong
Lingyi ITech
TDK Lambda
Delta Electronics

In Chapter 4 and Chapter 14.2, on the basis of types, the External Power Supplies (EPS) market from 2018 to 2029 is primarily split into:

Up to 10W
11W-50W
51W-100W
100W-250W

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the External Power Supplies (EPS) market from 2018 to 2029 covers:

Consumer Electronics
Small Kitchen Appliances
ICT Products
Personal Convenience Products

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)