Di Yi Cai Jing·2025-08-28 00:17Core Viewpoint - The AI server power supply market is projected to become a trillion-yuan market, with rapid growth expected between 2025E and 2027E, driven by advancements in technology and increasing demand for efficient power solutions [1] Market Size and Growth - The market size for modules/chips is expected to have a CAGR of 110% and 67% respectively, indicating significant growth potential in the coming years [1] Key Beneficiaries - Core beneficiaries in this market include components such as PSU (Power Supply Unit), PDU (Power Distribution Unit), BBU (Battery Backup Unit), and DC-DC converters (PDB + VRM), which are expected to see increased market share and performance [1] Technological Advancements - The penetration of GaN (Gallium Nitride) and SiC (Silicon Carbide) technologies, the implementation of 800V HVDC (High Voltage Direct Current) and SST (Solid State Transformer) architectures, along with the widespread adoption of smart power management, are key factors driving market growth [1] Market Dynamics - Leading manufacturers are anticipated to increase their market share and performance, while second-tier manufacturers may benefit from overflow orders as the market expands [1]