Embedded ac/dc power supply market
The embedded ac/dc power supply market is projected to see considerable growth over the next five years, according to Darnell’s 11th edition of its AC-DC Power Supplies Worldwide Forecasts Trends, Developments and Competitive Environment . With the dollar market increasing from $20.0 billion in 2013 to $26.8 billion in 2018, a compounded annual growth rate (CAGR) of 6.0%. Led by a number of traditional applications including communications, computers and industrial as well as a number of emerging ones, the outlook for the embedded power supply market is expected to remain strong. 
The forecasts presented are based on a quantitative analysis of 41 applications divided among eight categories: communications, computers, industrial, solid-state lighting, medical, mil/aero, consumer, and smart grid. Additional power supply forecasts are generated for merchant/captive production, wattage, package style, packaging by industry, and design type. The forecasts and analysis presented in this report consider application drivers, technology trends, regulatory considerations, market sizes, and other factors for each segment.
The communications power supply segment is expected to have the largest dollar market over the forecast period. It will be led by applications in the consumer premises equipment sector, which will record the largest individual dollar market covered in this report. However, the segment will see a slight decline in dollar market share over the forecast period to the faster growing industrial and solid state lighting segments.
Solid-state lighting (SSL) is projected to have both the fastest growing unit and dollar markets in this report and it is expected to be one of the stronger areas of opportunity for the embedded power supply market. In fact, efficient general-purpose lighting is projected to provide one of the more immediate opportunities over the next several years.
Power supplies for smart grid applications, which include smart meters, electric vehicle charges, and smart appliances, are projected to make up the fastest-growing unit market. The largest area of concentration is expected to be in the area of consumer energy consumption, specifically the smart meter market. Although the smart-grid segment is currently captive, a number of factors are expected to come into play that should provide opportunities for merchant power supply manufacturers.
Embedded power supplies in the lower wattage ranges are projected to make up a growing majority of the unit market over the entire forecast period. In fact, the percentage of embedded ac/dc power supplies under 300 W is anticipated to grow to over 90.0% of the embedded power supply unit market share by 2018.
Given the new areas of opportunity including the emerging smart grid, the growth of solid state lighting and new developments in building automation, a number of new dynamics are coming into play. Among the areas to watch are advances in technology, components and materials, in particular advanced semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN), both of which are expected to have an impact on the power supply market over the coming years.
Despite its large size, the consumer segment will be one of the least attractive areas for power supply manufacturers. This highly commoditized segment is expected to make up one of the larger unit markets, while maintaining one of the smaller dollar markets over the forecast period. Consisting largely of lower-wattage and inexpensive power supplies, this segment depends on lower-cost, captive production to produce the large volumes required for the consumer market.
One of the serious long-term threats facing the embedded ac/dc power supply industry is the further development of direct-current (dc) powered installations and buildings. In fact, the introduction of dc-power to industries that traditionally rely on ac power is expected to cause a fundamental shift in how new and existing buildings are designed and operated. It will require manufacturers to design new products, adopt new standards and completely re-design their approach to power delivery systems.
The portable medical device market is one of the smaller segments covered. It does not benefit from the economies of scale and volume pricing conditions existing in the other power supply industries. However, the outlook for the medical power supply market is strong. In addition to hospitals and other medical facilities, medical devices are being purchased for homes, businesses, commercial facilities and other personal uses.
The portable military/aerospace market is also one of the smaller sectors. Like the medical sector, this sector must meet and comply with a number of strict standards and regulations that do not typically apply to other applications. Although it maintains the highest average selling price per unit, it is a small market and does not offer the number of opportunities as the other applications covered in this report.
For more information, see http://darnell.com/market/product_info.php?cPath=2_24_31&products_id=258
Medical power supply market
The global market for medical power supply was estimated at $642.0 million in 2012 and is poised to grow at a CAGR of 6.2% from 2012 to 2017 to reach $866.8 million by 2017, according to MarketsandMarkets.
The market is categorized into three broad segments – by technology, by type, and by application. The global market by technology is broadly categorized into ac/dc and dc/dc power supply. The market by type is categorized into enclosed, open frame, external, configurable and encapsulated and the medical power supply application market is categorized into diagnostic equipment, medical monitoring equipment, home patient care equipment, dental equipment, and surgical equipment.
The global market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the medical power supply market in the forecast period, followed by Europe. Growth of the North American market is likely to be driven by the growing medical device market, incessant launch of innovative power supplies to meet the burgeoning demand of medical devices used for diagnosis or therapeutics, reimbursements offered by Centers for Medicare and Medicaid Services (CMS) for medical devices, rise in number of people suffering from chronic diseases, and rise in aging population.
Over the next five years, the growth of the market in the Asian region is likely to be centered at, China, India, Taiwan, Korea, and Singapore. The growth will be driven by the improvement in the standard of living, greater access to medical treatment, and an upsurge in availability of technical support for healthcare. Moreover, prominent power supply manufacturers are opening their manufacturing facilities in the Asian subcontinent, especially in China. This is fueling the growth of this market in this region.
For more information, see http://www.marketsandmarkets.com/Market-Reports/medical-power-supply-market-1208.html.
Advertisement
