The global merchant power supply market is indispensable to innovations and advancements in several industries – from industrial, datacentres, and medical, to lighting, and other application sectors. Last year, Wired and Wireless Technology (WAWT), a strategic technology analyst and consultancy firm, released a comprehensive report on the Global AC-DC and DC-DC Merchant Power Supply Market – 2023 Edition. Based on this report, the overall AC-DC and DC-DC Power Supply Market is expected to grow by around 5% in the next five years, with each application sector growing differently. The power supply market will continue to consolidate as we expect a few mergers and acquisitions towards the end of 2024.

Shedding Light on the Global Power Supply Market

WAWT defines the global AC-DC and DC-DC merchant power supply market as encompassing a wide range of power supply solutions designed to convert alternating current (AC) to direct current (DC) and to convert DC power from one voltage level to another. These power supplies are utilized across a wide range of application sectors – industrial, telecom, servers, storage, networking, datacentres, medical, military, lighting, consumer and others. The LED Lighting sector was estimated to have the largest share and was also projected to grow the fastest in the next five years. Application segments such as computers/consumer and Access markets are expected to decline. Datacentres, Industrial and Medical sectors are expected to show normalised growth backed by individual sub-sectors as segmented in our research. In terms of product type (DIN-Rail, Bricks, Rectifiers, Point-of-load, Adapters and others) and power classes (low power to very high power) each segments are expected to grow differently, impacting the competitive landscape.

The datacenter application sector showed remarkable growth in 2022/2023. WAWT also gave further insights on the booming presence of datacenter for the AC-DC and DC-DC power supply market which you can refer to by clicking this link.

Geographically, while the Asia region continued to hold the largest share (nearly two-thirds) of the total power supply market, the Americas region is expected to grow the fastest across all regions.

The AC-DC commodity (Consumer segment) grew by 3% in the next five years with a differing growth rate across individual product segments/devices. The AC-DC non-commodity segment grew by 8% in the same year.

Anticipating the Upcoming Report in July

As we look forward to the release of WAWT’s upcoming report (2024 Edition) in July 2024, several key themes and questions are expected to dominate the discourse:

1. Continued Growth and Market Expansion: Will the power supply market maintain its growth momentum? The upcoming report is anticipated to provide updated market size projections, highlighting application sectors and regions poised for the most significant expansion.
2. Emerging Technologies: What new technologies and innovations have emerged over the past year? Insights into cutting-edge developments, such as advancements in energy storage solutions, smart grid technologies, and wireless power transfer, liquid-cooling, GaN-based solutions, high-power grade solutions will be crucial for industry stakeholders.
3. Impact of Global Events: How have global events and geopolitical tensions, influenced the power supply market? WAWT considers the same and the impact of these events on the supply chain, market demand, innovation drive, and investment trends.
4. Sustainability and Green Energy: How has the focus on sustainability evolved? With individual governments increasing regulations towards sustainable electronics; how will the power supply market is going to be impacted? Which application sectors are expected to see major thrust?
5. Regional Insights and Opportunities: Which regions are emerging as new growth hubs? Updated regional analysis will provide insights into shifting market dynamics and emerging opportunities in different parts of the world, its impact on the supply chain, developing manufacturing strategy, and risk mitigation.

Conclusion

Reflecting on the key takeaways from last year’s power supply market report provides a solid foundation for understanding the industry’s current landscape and anticipating future developments. The upcoming report, set to be released in July/August 2024, quantifies the global AC-DC and DC-DC merchant power supply market by key market segments, industry sectors/applications, power ratings, package types, and by key geography segments. This report also analyses the competitive market landscape and ranks the regional and global suppliers of AC-DC and DC-DC merchant power supplies at an overall level as well as by key geography and application sectors.

About Wired and Wireless Technologies (WAWT)

WAWT WAWT, a strategic technology analyst and consultancy firm, specializes in the wireless power and power supply industry. Its comprehensive report, titled “AC-DC and DC-DC Merchant Power Supply Market Report” and “External Power Adapters and Chargers Market Report”, offers critical market data, insights and market intelligence. It provides the latest market size estimates and forecasts for the power supply market, catering to companies across the power supply ecosystem. The report covers product segments, regional segments, and power classes, and includes a detailed analysis of power supply vendors’ market share. Furthermore, it ranks the regional and global power supply companies across application/industry sectors.

In summary, WAWT’s report is an invaluable resource for businesses seeking to understand the power supply landscape, make informed decisions, and stay competitive in this dynamic industry. Please contact us to participate in our research as well as avail the pre-publication discount for our upcoming 2024 edition of this comprehensive report on the power supply market.

Reach out to our subject matter experts (SMEs) by emailing analyst@wawt.tech and following our LinkedIn page (WAWT) for the latest market trends and updates on power supplies and allied technologies.