AC Power Sources Market - Trends Forecast Till 2028

Market Overview

The AC Power Sources market is estimated at USD 268.5 Million in the year 2020. The market is expected to reach CAGR of 4.2% during the forecast period 2021 to 2028.

AC power sources cater to applications such as LED light production line, AC motors, medical equipment testing, home appliances, and avionics & marine equipment testing.

Increasing the production of equipment used in renewable power generation, avionics, and electric vehicles are some of the factors that have supported long-term expansion for AC Power Sources Market.

Regional Analysis

North America, Europe, South America, Asia Pacific, the Middle East & Africa are the major regions considered for the study of the AC power sources market. Asia Pacific market is the largest, by size, and is estimated to grow at the highest rate during the forecast period.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• AMETEK Inc
• Chroma ATE
• Keysight Technologies
• Kikusui Electronics Corporation
• Pacific Power Source
• Matsusada Precision

Recent Developments

• In December 2019, Good Will Instrument launched the ASP-2000 series programmable AC/DC power source aiming for system integration or desktop applications. This product provides both rated power output for AC output and rated power output for DC output
• In October 2019, AMETEK launched a new Asterion line of AC power source with a power output of 18 kVA. The key to the Asterion line’s outstanding performance is AMETEK Programmable Power’s iX2 current-doubling technology. With iX2, as the output voltage decreases from the maximum value to one-half the maximum value, the available output current increases up to two times the rated output current.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for AC Power Sources Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope