China's adapters and power supply industry strengthens global lead

DUBLIN, IRELAND: Research and Markets has announced the addition of the "China Sourcing Report: Adapters & Power Supplies - 2012" report to its offering.

China's adapters and power supply industry strengthens global lead as production is expected to sustain 10 percent annual growth through 2020. Share is forecast to hit 66 percent that year from at least 50 percent at present. Buoyed by this projection, local manufacturers are boosting product development efforts to achieve complementary gains in technology in a bid to close the gap with foreign counterparts.

They concentrate on meeting requirements for miniaturization, and high efficiency, stability, safety and energy savings while complying with international safety standards. This report covers the major products of China's adapters and power supplies industry, namely adapters and converters, and LED and switching power supplies.

Key findings
* Prices will climb in the months ahead, according to the majority of surveyed makers. More than 40 percent are planning a 5 to 10 percent markup and over one-third less than 5 percent. This is because rising raw material and labor costs remain a challenge that is compounded by the appreciating yuan.

* Notwithstanding industry hurdles, most interviewed enterprises are anticipating growth in export sales. North America and the EU remain important destinations despite economic difficulties there, although makers explore the rest of Europe, the Asia-Pacific region and the Middle East.

* Year-end production of AC/DC adapters is predicted to reach 2 billion units or about 60 percent of worldwide yield. The share of switching power supplies is at 80 percent, while linear counterparts continue to decline due to shrinking demand. The latter's low-efficiency feature is a contributing factor.

* LED power supply makers are bolstering manufacture to take advantage of the growing lighting application. The category is anticipated to surge in sales by over 30 percent in 2012.

* Traditional markets in consumer and vehicle electronics, computer and telecom products, home appliances, office automation, power equipment and transportation systems stay strong.

* Models for electric vehicles, solar and wind power, military, industrial, railway and medical equipment are rising in number. Some are even breaking into the mainstream.