The global AC Power Source Supply market was valued at US$ 1066 million in 2022 and is projected to reach US$ 1507.2 million by 2030, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Market size in 2022 | US$ 1066 million | Forecast Market size by 2030 | US$ 1507.2 million |
Growth Rate | CAGR of 5.1% | Number of Pages | 250+ Pages |
The AC Power Source not only plays the role as a precision AC/DC power source but also a powerful analyzer. It contains abundant features for the testing and characteristic analysis of power supplies, electronic devices, components and modules.
An AC power source supply is an electrical device designed to provide a consistent flow of alternating current, which is essential for powering a wide range of electrical and electronic equipment. In everyday settings like homes, businesses, and industries, AC power is the predominant type of electricity used, and it is characterized by the back-and-forth movement of electric current.
The primary function of an AC power source supply is to convert electrical energy obtained from a main source, such as the power grid or a generator, into the required AC voltage and frequency that various devices and appliances need to operate efficiently. By doing so, it ensures a stable and uninterrupted supply of electricity, which is crucial for the smooth functioning of most electrical equipment we rely on.
AC power sources come in diverse configurations and power ratings, tailored to suit different applications and industries. These power sources may incorporate features like voltage regulation, frequency control, waveform shaping, and protective mechanisms to ensure the safety of both the equipment being powered and the power supply unit itself.
To sum it up, AC power source supplies are essential devices that contribute to the reliable and consistent operation of countless devices, adding convenience and functionality to our daily lives.
AC Power Source Supply Market aims to provide a comprehensive presentation of the global market for AC Power Source Supply, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AC Power Source Supply. AC Power Source Supply Market contains market size and forecasts of AC Power Source Supply in global, including the following market information:
Global AC Power Source Supply Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global AC Power Source Supply Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five AC Power Source Supply companies in 2022 (%)
North America is the largest region for AC power sources, with a market share of 37%.
The top 5 manufacturers in the AC power source market are Ainuo Instrument, Chroma Systems Solutions, AMETEK, KEYSIGHT, and ITECH. These companies collectively hold a market share of 37%.
The Asia Pacific region is expected to be the fastest-growing market for AC power sources, with a CAGR of 5.1% from 2023 to 2030.
Report Scope
This report aims to provide a comprehensive presentation of the global market for AC Power Source Supply, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AC Power Source Supply.
The AC Power Source Supply market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2032. This report segments the global AC Power Source Supply market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
We surveyed the AC Power Source Supply manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Report Attributes | Report Details |
Report Title | AC Power Source Supply Market Size, Emerging Trends, Technological Advancements, and Business Strategies 2023-2032 |
Market size in 2022 | US$ 1066 million |
Forecast Market size by 2029 | US$ 1507.2 million |
Growth Rate | CAGR of 5.1% |
by Type |
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by Power Output |
|
by Application |
|
key players |
|
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2022 |
Forecast Year | 2030 |
Number of Pages | 100+ Pages |
Customization Available | Yes, the report can be customized as per your need. |
Total Market by Segment:
Global AC Power Source Supply Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global AC Power Source Supply Market Segment Percentages, by Type, 2022 (%)
Portable
Fixed
Global AC Power Source Supply Market, by Power Output, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global AC Power Source Supply Market Segment Percentages, by Power Output, 2022 (%)
Low Power (Up to 5 kVA)
Medium Power (5 kVA – 30 kVA)
High Power (Above 30 kVA)
Global AC Power Source Supply Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global AC Power Source Supply Market Segment Percentages, by Application, 2022 (%)
Electronics
Aerospace & Defense
Energy
Home Appliances
Automotive
Telecommunications
Global AC Power Source Supply Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global AC Power Source Supply Market Segment Percentages, By Region and Country, 2022 (%)
North America :
U.S.
Canada
Europe :
U.K.
Germany
France
Spain
Rest of Europe
Asia-Pacific :
India
Japan
China
Australia
South Korea
Rest of Asia-Pacific
Latin America :
Brazil
Mexico
Rest of Latin America
The Middle East & Africa :
South Africa
GCC Countries
Rest of the Middle East & Africa (ME&A)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies AC Power Source Supply revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies AC Power Source Supply revenues share in global market, 2022 (%)
Key companies AC Power Source Supply sales in global market, 2018-2023 (Estimated), (K Units)
Key companies AC Power Source Supply sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
DELIXI
Watford Control
AC Power Corp.
Eisenmann
Salicru
AUNILEC
Layer Electronics
Enerdoor
Eaton
V-Guard
Statron
Claude Lyons Group
Eremu
BLOCK
Bayger
Osaka Machinery
M-Tech Power Solutions
Martins Electronic Devices & Instruments
Livguard Energy Technologies
Automatic IT Services
Andeli Group
Capri
Servokon Systems
Jiangsu EKSI Electrical Manufacturing
SAKO GROUP
Shanghai Liyou Electrification
ShenZhen Yiyuan Technology
Recent Developments:
Chroma introduced Chroma 61800-100 Regenerative Grid Simulator in 2022.
Keysight launched the SL1200A Series Scienlab Regenerative 3-phase AC emulators in 2022.
Pacific Power Source launched a new ADF Series of AC power sources in 2022.
MPS introduced the MPX5233 in 2023.
Eaton released the new ePower X1000 in 2023.
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