External Power Supplies (EPS) Market Share, Size, Demand, Key Players by Forecast 2033

External Power Supplies (EPS) market is expected to grow from USD 9.02 billion in 2017 to USD 16.06 billion by 2029, at a CAGR of 6.2% from 2017 to 2029.

The External Power Supplies (EPS) Market is witnessing steady growth due to the rising demand for consumer electronics, increased adoption of IoT devices, and a global focus on energy efficiency standards. External power supplies are essential components used to convert electrical power from a mains supply into lower voltage DC power for devices such as smartphones, laptops, tablets, routers, and home appliances.

Market Dynamics

Market Drivers:

1. Rising Demand for Consumer Electronics:
   • Increased usage of smartphones, laptops, and wearable devices.
2. Government Regulations for Energy Efficiency:
   • Compliance with regulations like Energy Star and DOE Level VI standards.
3. Growth of IoT Devices:
   • Surge in demand for connected devices requiring reliable power sources.
4. Rapid Technological Advancements:
   • Innovations in high-efficiency power conversion and compact designs.
5. Increasing Adoption of Smart Home Devices:
   • Demand for smart speakers, security cameras, and other connected home devices.

Market Challenges:

1. Price Volatility of Raw Materials:
   • Fluctuating costs of components like semiconductors and transformers.
2. Counterfeit Products:
   • Presence of low-quality alternatives affecting market growth.
3. Compatibility Issues:
   • Variability in power supply requirements across devices.

Market Opportunities:

1. Integration of Smart Power Management Features:
   • Smart charging technology with USB Type-C Power Delivery (PD).
2. Adoption of GaN (Gallium Nitride) Technology:
   • Improved efficiency and smaller form factors.
3. Sustainable and Eco-Friendly Power Supplies:
   • Demand for low standby power consumption solutions.
4. Emerging Markets Expansion:
   • Growth opportunities in Asia-Pacific and Latin America.

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Market Segmentations:

Global External Power Supplies (EPS) Market: By Company

• Eaton
• Delta Electronics (Eltek)
• Lite-On Technology
• Acbel Polytech
• Salcomp
• Chicony Power
• Emerson (Artesyn)
• Flextronics
• Mean Well
• TDK Lambda
• Phihong
• FSP Group
• GlobTek
• Extron
• Bosch Security Systems

Global External Power Supplies (EPS) Market: By Type

• Below 10W
• 10-100W
• 100W-250W

Global External Power Supplies (EPS) Market: By Application

• Mobile Communications
• Consumer Electronics
• Telecom/Datacomm
• Wireless Power & Charging
• Other

Market: Regional Analysis

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global External Power Supplies (EPS) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions About This Report

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