The AC-DC External Power Supply (EPS) Market was valued at USD 26.3 Billion in 2022 and is projected to reach USD 40.5 Billion by 2030, growing at a CAGR of 5.7% from 2024 to 2030. The increasing demand for power-efficient devices and advancements in technology are expected to drive the market's growth. In addition, the rapid expansion of consumer electronics, electric vehicles, and renewable energy systems are significant factors fueling the market's expansion. As the need for reliable and compact power solutions continues to rise, the AC-DC EPS market is anticipated to see further innovation and adoption across various industries.
The market is influenced by several key trends such as the increasing adoption of electronic gadgets, the demand for energy-efficient solutions, and the integration of AC-DC power supplies in industries like automotive, telecommunications, and IT infrastructure. These trends are expected to contribute to the substantial growth of the market during the forecast period. Additionally, the development of advanced power supply solutions, coupled with the growing emphasis on sustainability and green technologies, will play a crucial role in shaping the market dynamics in the coming years.
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AC-DC External Power Supply (EPS) Market Research Sample Report
The AC-DC External Power Supply (EPS) market is growing steadily, driven by the increasing demand across various applications. AC-DC external power supplies are essential components in transforming AC power from the grid to the DC power required by electronic devices. These devices are widely used in consumer electronics, industrial systems, medical equipment, telecom/datacom infrastructure, and other sectors. In particular, AC-DC EPS finds its utility in a range of consumer products like smartphones, laptops, and home appliances, making it a critical element in the functionality of many systems. The widespread adoption of IoT, increasing use of electric vehicles (EVs), and the continuous expansion of data centers further drive the need for reliable and efficient power supply units. The market sees strong demand from industries where continuous power is crucial for operations, such as telecommunications, data storage, and medical fields.
Applications such as industrial and medical systems further fuel the market as these sectors require reliable and consistent power sources. The medical sector, for instance, relies on AC-DC EPS for equipment like diagnostic machines, medical imaging devices, and patient monitoring systems. Industrial equipment, including factory automation systems, motor control applications, and robotics, also increasingly require external power supplies. The growing emphasis on energy-efficient and sustainable technologies is another key factor driving the demand for advanced power supply solutions in these applications. By providing better energy conversion efficiency, minimizing power loss, and supporting high-performance capabilities, the market for AC-DC EPS continues to evolve to meet these diverse and specialized needs.
The computer and office applications segment represents one of the largest and most essential markets for AC-DC external power supplies. These power supplies are integral to a variety of devices, including desktop computers, laptops, printers, servers, and other office equipment. The need for these systems to operate reliably and efficiently drives the demand for AC-DC EPS, as they convert AC power from the grid into stable DC power necessary for computer components like processors, memory modules, and storage devices. Moreover, the increasing trend of remote work and digitalization of office tasks worldwide boosts the adoption of computers and related office equipment, further influencing the demand for power supplies in this sector.
The importance of AC-DC external power supplies in the computer and office segment has also been heightened by the rise of cloud computing, data centers, and enterprise-grade computing systems. As businesses and individuals continue to rely heavily on digital infrastructure for communication and productivity, there is a constant need for power supplies that ensure operational continuity and efficiency. Furthermore, advancements in power supply technology, including power factor correction and thermal management, are increasingly integrated into power supplies designed for computers and office applications, improving overall performance and energy efficiency in modern office settings.
AC-DC external power supplies in the mobile communications sector are integral to the charging and power management systems of devices such as smartphones, tablets, and portable communication devices. As mobile communication technology advances, there is a corresponding demand for power supplies that can deliver consistent and high-quality DC output for these mobile devices. The growing usage of mobile phones and the increase in mobile internet consumption globally have significantly expanded the market for AC-DC EPS in the mobile communications sector. The mobile communication industry's emphasis on quick charging an
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