CORONA, Calif., 15 May 2008. The worldwide external power supply (EPS) market will grow from $6.7 billion in 2008 to almost $10 billion in 2013 -- a compounded annual growth rate (CAGR) of 8.2 percent -- predict analysts at the Darnell Group in Corona, Calif.
The worldwide EPS unit market is expected to grow at a somewhat faster pace, increasing from 2 billion units in 2008 to 3.3 billion units in 2013, a CAGR of 11.1 percent, Darnell Group analysts say.
Although this market is mature, and several segments have slowed, the industry as a whole is still strong and expanding. Surging demand from emerging application segments is resulting in a changing product mix.
Despite a global economic slowdown, the outlook for the worldwide external AC-DC power supply market is expected to remain strong, analysts say.
According to the International Monetary Fund (IMF), the world economy is projected to grow at a 3.7 percent rate in 2008. The IMF lowered its global 2008 growth projection from 4.1 percent. That would be the weakest performance since 2003, when world growth was 3.6 percent.
It would also be a marked slowdown from the 4.9 percent pace the global economy achieved last year. In fact, the IMF sees a 25 percent chance that global growth will drop to 3 percent or less in 2008 and 2009, which is equivalent to a global recession.
"In spite of these pessimistic numbers, the demand for applications fueling the external AC-DC power supply market is expected to remain healthy, with some of the strongest growth coming from the Asian region," says Richard Ruiz, analyst with Darnell Group and the author of this report. "This growth will have a positive effect on both the OEM and consumer markets and will contribute to the expansion of the external AC-DC power supply market for 2008."
The Darnell report divides the worldwide market includes three regions: North America, Europe, and Asia. Overall, Darnell projects steady growth for the external AC-DC power supply market over the forecast period in each of these three regions.
The external power supply market described in this report covers 22 key applications that use external power supplies. For more information contact the Darnell Group online at www.darnell.com/eps.
