AC Power Sources - Global Market Outlook (2018-2027)

According to Stratistics MRC, the Global AC Power Sources Market accounted for $0.98 billion in 2018 and is expected to reach $1.45 billion by 2027 growing at a CAGR of 4.4% during the forecast period. Increased use of electronic appliances, growing production of equipment used in renewable power generation and avionics, and influence of western culture in developing countries are the factors driving the market growth. However, fully grown markets in developed economies are restraining the market growth.
 
A power supply is the source from which an alternative current (AC) is generated. AC power is commonly used in business-related as well as residential applications. In most countries, the domestic utility AC comes at a frequency of either 60 Hz or 50 Hz.

By modulation type, the pulse width modulation (PWM) segment is likely to have a huge demand during the forecast period. PWM AC power sources are used for a wide range of applications. The PWM AC power sources are relatively smaller in dimension and have more efficiency than linear AC power sources. The efficiency of PWM AC power source is more than 90%, and hence, there is negligible power loss. In the PWM technique, low-frequency signals are produced from high-frequency pulses.

Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period which is attributed to the presence of research and manufacturing facilities of established manufacturers. Countries such as China and Japan are known for their innovations in technology and manufacturing process. In addition, governments of the nations in this region are giving importance to renewable power generation. The growing manufacture of equipment used in renewable power generation, and many other applications in Asia Pacific, boost the demand for AC power sources in this region during the forecast period. 

Some of the key players profiled in the AC Power Sources Market include Ametek, Keysight Technologies, Kikusui Electronics Corporation, Orbit International Corp, Pacific Power Source, Chroma ATE, Ainuo Instruments, Aplab Limited, Good Will Instrument, Ikonix Group, AC Power Corp, B&K Precision Corporation, Regatron, Matsusada Precision, and Itech Electronic.  

Modulation Types Covered:
• Linear
• Pulse Width Modulation (PWM) 
  
Phase Types Covered:
• Three Phase
• Single Phase

Applications Covered:
• Aerospace, Defense & Government Services 
• Wireless Communication & Infrastructure 
• Energy 
• Manufacturing Tests 
• Research & Design 
• Consumer Electronics & Appliances 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances