External Power Supplies (EPS) Market: Trends, Forecast, and Competitive Analysis to 2031
Market Overview and Report Coverage
External Power Supplies (EPS) are devices that convert electrical energy from a power source into a form that can be used to power electronic devices. They are commonly used for charging smartphones, laptops, and other electronic gadgets.
The future outlook for the External Power Supplies (EPS) market is positive, with a projected growth rate of % during the forecasted period. This growth can be attributed to the increasing demand for portable electronic devices and the growing trend of wireless charging technology. Additionally, the rising adoption of IoT devices and the need for efficient power management solutions are driving the demand for EPS.
Currently, the market for External Power Supplies (EPS) is witnessing steady growth, with key players focusing on product innovation, such as the development of fast charging technologies and environmentally friendly power supplies. The market is also being driven by the increasing adoption of electric vehicles and renewable energy sources, which require efficient power supply solutions.
Overall, the External Power Supplies (EPS) market is expected to continue growing in the coming years, fueled by technological advancements and the increasing demand for portable electronic devices.
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Market Segmentation
The External Power Supplies (EPS) Market Analysis by types is segmented into:
- Below 10W
- 10-100W
- 100W-250W
External Power Supplies (EPS) market can be categorized into three segments based on power output: Below 10W, 10-100W, and 100W-250W. Below 10W EPS are typically used for low-power devices such as smartphones and wearable devices. The 10-100W market caters to a wide range of applications, including laptops, routers, and medical equipment. The 100W-250W segment is more focused on high-power devices like gaming consoles and industrial equipment. Each market segment has its own specific requirements and challenges in terms of efficiency, size, and cost.
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The External Power Supplies (EPS) Market Industry Research by Application is segmented into:
- Mobile Communications
- Consumer Electronics
- Telecom/Datacomm
- Wireless Power & Charging
- Other
External Power Supplies (EPS) are widely used in various industries such as Mobile Communications, Consumer Electronics, Telecom/Datacomm, Wireless Power & Charging, and Other markets. In Mobile Communications, EPS are used to power smartphones, tablets, and wearable devices. In Consumer Electronics, they are used in laptops, gaming consoles, and TVs. In Telecom/Datacomm, EPS are used for networking equipment. Wireless Power & Charging rely on EPS for efficient charging of devices. Other markets utilize EPS for powering various electronic devices and equipment.
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In terms of Region, the External Power Supplies (EPS) Market Players available by Region are:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
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What are the Emerging Trends in the Global External Power Supplies (EPS) market?
The global external power supplies (EPS) market is witnessing various emerging and current trends. One major trend is the increasing demand for energy-efficient and eco-friendly power supplies to reduce carbon emissions and increase energy savings. Another trend is the growing popularity of wireless charging technology, driving the demand for wireless external power supplies. Additionally, there is a rise in the adoption of smart home devices and electric vehicles, leading to an increased need for high-powered external power supplies. Furthermore, advancements in power supply technologies, such as GaN and SiC, are also shaping the market landscape.
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Major Market Players
The External Power Supplies (EPS) market is highly competitive with key players such as Eaton, Delta Electronics (Eltek), Lite-On Technology, Acbel Polytech, Salcomp, Chicony Power, Emerson (Artesyn), Flextronics, Mean Well, TDK Lambda, Phihong, FSP Group, GlobTek, Extron, and Bosch Security Systems.
Among these players, Eaton has shown strong market growth in recent years, driven by their focus on product innovation, strategic partnerships, and strong customer relationships. Delta Electronics (Eltek) is another key player in the market, known for its high-quality EPS solutions and global presence.
The EPS market has been shaped by trends such as the increasing demand for energy-efficient power supplies, the rise of modular and standardized products, and the growing adoption of renewable energy sources. These trends have pushed companies to invest in research and development to stay competitive in the market.
In terms of market size, the EPS market is expected to reach a value of USD billion by 2026, with a CAGR of 5.2% during the forecast period.
As for sales revenue, Eaton reported sales of USD 21.4 billion in 2020, while Delta Electronics (Eltek) reported sales of USD 8.6 billion in the same year. These figures highlight the strong market position of these companies in the EPS industry.
Overall, the EPS market is witnessing significant growth and competition among key players, driving innovation and development of more efficient and reliable power supply solutions to meet the increasing demand in various industries.
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