Chan Ye Xin Xi Wang·2025-08-09 02:17Core Insights - The server power supply industry is experiencing rapid growth driven by the "East Data West Computing" strategy and increasing demand for AI computing power, with the market expected to reach 308.55 billion yuan by the end of 2024, a year-on-year increase of 51.97% [1][16] - The server power supply market is projected to expand to 10.726 billion yuan in 2024, with AI server power supplies becoming a core growth driver, expected to exceed 5.5 billion yuan by 2025, accounting for over 40% of the overall market [1][18] - The industry is evolving towards high power density, intelligent management, and ecological collaboration, while also expanding production capacity in Southeast Asia to address global challenges [1][24] Industry Overview - Server power supplies are specialized devices that convert AC or DC power into stable DC power required by server hardware, ensuring continuous, efficient, and safe power supply [2] - The industry has established a comprehensive policy framework to promote high-quality development, including energy efficiency standards and green low-carbon initiatives [7][9] Market Dynamics - The server power supply market is characterized by a diverse product range, including AC/DC and DC/DC power supplies, with various redundancy designs and efficiency standards [3] - The demand for server power supplies is driven by the rapid expansion of data centers and the increasing energy consumption and carbon emissions associated with them [10][14] Competitive Landscape - The competitive landscape of the server power supply industry features a mix of foreign and domestic players, with international giants like Delta and Lite-On dominating the high-end market, while local companies like Oulutong and Megmeet are rapidly growing [20][22] - The market is witnessing a shift towards AI server power supplies, which are expected to account for over 40% of the market by 2025, while general-purpose power supplies face intense price competition [26] Future Trends - The industry is moving towards high power density and intelligent management, with new materials like GaN and SiC enhancing efficiency and reducing size [24][25] - The market is becoming increasingly segmented, with AI server power supplies leading growth, while general-purpose power supplies are experiencing price wars due to homogenization [26] - The ecosystem is evolving towards vertical integration and global collaboration, with domestic manufacturers expanding production in Southeast Asia to mitigate trade barriers [27]