AC Power Sources Market Size Will Grow to USD 1.7

New York, Sept. 16, 2022 (GLOBE NEWSWIRE) — announces the publication of the report “AC Power Source Market by Phase Type, Modulation Type, Application and Region – Global Forecast to 2027” –

The Defense and Government Services segment is expected to emerge as the second fastest application-based segment
The AC power source market has been segmented into aerospace, defense and government services, energy, wireless communication and infrastructure, consumer electronics and home appliances, and others based on of the app. AC power sources are used to test commercial applications such as multi-parameter cockpit indicators and display systems, engine and aircraft health monitoring systems, data acquisition systems and signal processing, mass fuel flow measurement and fuel and fluid gauging, as well as engine sensors and wiring harness assemblies.
Three-phase: The fastest segment of the AC power source market, by power phase”
On the basis of power phase, AC power source market has been divided into single-phase and three-phase. Since, in a three phase AC power supply, there is an equal load distribution, hence the power transfer capability is more like as compared to single phase.

A three-phase power supply provides a constant flow of power at a constant rate, helping to support more load.

Asia-Pacific is expected to be the largest market during the forecast period.
Asia-Pacific is expected to be the fastest growing market due to increased investment in automotive projects and development of renewable energy sectors. Asia is the largest electronics producing and exporting region in the world, mainly due to the region’s low labor costs, high availability of skilled workers, preferential trade access to Europe and America, increased foreign direct investment and strong government support.

Distribution of primaries:
In-depth interviews were conducted with various key industry players, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify information critical qualitative and quantitative, as well as to assess the future prospects of the market. The breakdown of primary interviews is as follows:
• By type of business: Level 1: 65%, Level 2: 24% and Level 3: 11%
• By designation: C level – 30%, managers – 25% and others – 45%

By region: North America – 33%, Europe – 27%, Asia-Pacific – 20%, Middle East and Africa – 8% and South America – 12%
Note: Other includes Product Engineers, Product Specialists, and Technical Managers.
Note: Company tiers are defined based on their total revenue as of 2021. Tier 1: >$1 billion, Tier 2: $500 million to $1 billion, and Tier 3:

The AC power source market is dominated by a few major players that have a broad regional presence. The major players in the AC power source market are Keysight Technologies (US), Chroma ATE (Taiwan), AMETEK (US), Pacific Power Scource (US) and Matsusada Precision (Japan).

Research Coverage:
The report defines, describes and forecasts the global AC power sources market by power phase type, modulation and region. It also offers detailed qualitative and quantitative analysis of the market.

The report provides a comprehensive review of key market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market.

These include an analysis of the competitive landscape, market dynamics, market estimations, in terms of value, and future trends in the AC Power Sources market.

Key Benefits of Purchasing the Report
1. The report identifies and discusses the major AC Power Source markets, which would help equipment manufacturers to gauge the growth in demand.
2. The report helps system vendors understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players to better understand their competitors’ strategies and help them to make better strategic decisions
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Rosemary C. Kearney