Global External Power Supplies (EPS) Market Forecast (2024 - 2031): Trends, Impact Analysis, and Segmentation by Application and Type

The global "External Power Supplies (EPS) Market" identifies drivers, restraints, opportunities, and trends impacting market growth, and provides insights into market shares across segments in terms of value and volume. The External Power Supplies (EPS) market is projected to expand at a CAGR of 7.3% during the forecasted period from 2024 to 2031.

External Power Supplies (EPS) Market Scenario and Scope

External Power Supplies (EPS) are essential devices that convert electrical energy from a source into a specific voltage and current for powering various electronic equipment. As the demand for energy-efficient and portable solutions grows, the EPS market is experiencing significant expansion, driven by advancements in technology, regulatory standards, and consumer preferences. Market research in this sector encompasses a comprehensive analysis of trends, competitive landscape, market dynamics, and potential growth opportunities, ensuring informed strategic decisions for industry stakeholders.

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The External Power Supplies (EPS) market is characterized by distinct segments, including AC-DC power adapters and DC-DC converters. In terms of value, the AC-DC segment dominates, attributed to widespread consumer electronics demand. Volume-wise, the overall market reflects growth driven by increasing portability requirements and advancements in charging technologies.

This entire report is of 147 pages.

Key Drivers and Barriers in the External Power Supplies (EPS) Market

The External Power Supplies (EPS) Market is driven by the increasing demand for energy-efficient devices and advancements in portable technology. The rise of electric vehicles and renewable energy solutions further propels market growth. Innovative lightweight materials and smart charging technologies are emerging to enhance efficiency. To overcome challenges such as regulatory compliance and environmental concerns, industry players are focusing on sustainable design practices and circular economy principles. Collaboration with technology firms to develop integrated power solutions also helps address market barriers, enabling EPS to evolve in line with dynamic consumer needs and environmental standards.

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Top Companies in the External Power Supplies (EPS) Market: 

• 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

The External Power Supplies (EPS) market is characterized by intense competition among numerous players innovating to meet increasing demand for energy-efficient solutions. Key participants include 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.

These companies leverage their engineering capabilities to develop advanced EPS products that comply with global efficiency standards, helping to reduce environmental impact while improving consumer electronics performance. For instance, Delta Electronics focuses on green technology, enhancing sustainability through high-efficiency power supplies. Likewise, Emerson's Artesyn division offers innovative solutions tailored for various sectors, driving advancements in power management.

Revenue generation in this sector remains robust, with companies like Eaton reporting over $20 billion in total sales, and Delta Electronics posting sales exceeding $15 billion. The continuous investment in R&D and a focus on smart power solutions not only fuels growth within these organizations but also catalyzes advancements in the broader EPS market, reflecting rising consumer and industrial demands for efficient power supply solutions.

External Power Supplies (EPS) Segment Analysis

External Power Supplies (EPS) Market, by Application:

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

External power supplies (EPS) are crucial in various applications including mobile communications, consumer electronics, telecom/datacomm, and wireless power and charging. In mobile communications, EPS powers devices like smartphones and tablets, enhancing portability and convenience. Consumer electronics use EPS for devices such as laptops and gaming consoles. In telecom/datacomm, EPS ensures reliable power to network infrastructure. Wireless power and charging applications allow seamless energy transfer for devices without cords. Among these segments, wireless power and charging is the fastest-growing application, driven by increasing demand for convenient charging solutions in both consumer and industrial markets.

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External Power Supplies (EPS) Market, by Type:

• Below 10W
• 10-100W
• 100W-250W

External power supplies (EPS) are categorized by output wattage: below 10W for low-power devices like chargers, 10-100W suitable for peripherals and consumer electronics, and 100-250W for higher-demand applications like laptops and industrial equipment. The diverse wattage options cater to the growing range of electronic devices, driving EPS market demand by ensuring compatibility and efficiency across various tech segments. The fastest-growing region for the EPS market is Asia-Pacific, fueled by increased electronics manufacturing, rising disposable incomes, and a surge in consumer electronics adoption, contributing to higher demand for efficient and versatile external power solutions.

Highlights of External Power Supplies (EPS) Market Report:

• It provides an Insights on External Power Supplies (EPS) market segmentation, including product, application, end-users, and region


• This External Power Supplies (EPS)  market research report helps you in gaining an understanding of the positive growth trend in the market and its potential for revenue and sales.


• This report Identifies the high demand for External Power Supplies (EPS) products among the millennial demographic, offering opportunities for targeted marketing and product development.


• It is an up-to-date data of latest technological advancements in the External Power Supplies (EPS) market and potential for improving production and efficiency.


• It offers an in-depth analysis of consumer behaviour and preferences, providing key insights for strategic decision-making in External Power Supplies (EPS) market.


• This report gives you access to a forecast of the External Power Supplies (EPS) market's growth trend, providing insights for long-term investment and business planning.


• It provides an in-depth analysis of External Power Supplies (EPS) market trends, including growth drivers, challenges, and opportunities.


• It offers a detailed analysis of External Power Supplies (EPS) market’s major players, including a competitive landscape, market share analysis, and company profiles.

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Regional Analysis:

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

The External Power Supplies (EPS) market is projected to grow significantly across various regions, driven by rising demand for electronic devices. North America, particularly the United States, leads the market due to advanced technology adoption and consumer electronics demand, accounting for approximately 30% of the share. Europe follows, with Germany and the . jointly holding around 25%. The Asia-Pacific region, led by China and Japan, is expected to see rapid growth, contributing about 35% to the market. Latin America and the Middle East & Africa hold smaller shares of around 5% each, but show potential for growth.

Trends Impacting the External Power Supplies (EPS) Market

The global External Power Supplies (EPS) market is experiencing a trend toward increased demand driven by the rise of portable electronic devices, electric vehicles, and renewable energy solutions. Key factors such as advancements in technology, growing consumer awareness of energy efficiency, and regulatory mandates for eco-friendly designs are influencing market growth. Additionally, the shift toward smart home solutions and Internet of Things (IoT) devices is further propelling the need for sophisticated EPS products. In the coming years, the market is likely to witness an increase in demand as these trends continue to evolve and shape consumer preferences.

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