AC Power Sources Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The AC power market is expected to grow from 2021 $1.00 billion by 2028 to $1.20 billion over the 2022-2028 forecast period at a CAGR of 3%.  An AC power source is an alternating current (AC) source, and since it flows in a straight line, it flows in the opposite direction by periodically completing a cycle different from the direct current. Alternating current is commonly used in business and residential, and is used by consumers for many practical applications, including computers, kitchen appliances, charging, lights, etc. Because it is an alternating current power supply for converting electric current or voltage. In many countries, the home utility is AC with a frequency of 60Hz, in others it is 50Hz. A factor driving the growth of this market is the growing demand for test and manufacturing equipment used in the modernization of consumer electronics, automobiles, energy and infrastructure.

Company Profile

• AMETEK Inc (US)
• Chroma ATE (Taiwan)
• Keysight Technologies (US)
• Kikusui Electronics Corporation (Japan)
• Pacific Power Source (US)
• Matsusada Precision (Japan)

Market Segmentation

Based on phase-type:

• Single-phase
• Three-phase

Based on the modulation type:

• PWM
• Linear

Based on the application:

• Aerospace, defense & government services
• Energy
• Wireless Communication & Infrastructure
• Consumer electronics & appliances

Scope of the Report

The research study analyzes the AC Power Sources Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by AC Power Sources Market Report

1. What was the AC Power Sources Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of AC Power Sources Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the AC Power Sources Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.