AC Power Source Market Size and Share Forecast Outlook (2024 to 2034)

The AC power source market is expected to expand at a CAGR of 4.30% through 2034. The market value is projected to increase from USD 1.2 billion in 2024 to USD 1.8 billion by 2034. The AC power source industry was valued at USD 1.1 billion in 2023.

The demand for AC power sources is projected to rise consistently due to significant technological breakthroughs. As energy consumption is becoming a serious global matter due to non-stop residential, commercial, and industrial activities, the demand for energy-efficient devices is increasing with the rising use of renewable energy sources. Both of these factors are anticipated to fuel the market’s growth.

After realizing their potential in developed markets, players within the AC power source market are likely to find lucrative opportunities within emerging economies as these countries increase their use of electric vehicles and develop smart grids. Intensifying focus on smart city infrastructure in these countries is projected to increase the consumption of AC power sources.

Attributes Details
Market Size, 2023 USD 1.1 billion
Market Size, 2024 USD 1.2 billion
AC Power Source Market Size, 2034 USD 1.8 billion
Value-based CAGR (2024 to 2034) 4.30%

Emerging Trends Reshaping the AC Power Source Industry

  • Expanding market for equipment used in renewable power generation, electric vehicles, and avionics.
  • Supportive initiatives have been undertaken by several governments to increase the automation and consumer electronics industries. This, along with rising investments in smart city projects, is expected to raise the demand for AC power sources.
  • Surging focus on energy-efficient business operations is predicted to push up the prospects for AC power source manufacturers.
  • Constant technological advancements solely by top producers or in collaboration with research institutes are projected to boost market competition.

Sales Analysis and Outlook for AC Power Source Market (Historical vs Forecast)

Attributes Details
AC Power Source Market Value (2019) USD 0.87 billion
Market Value (2023) USD 1.1 billion
Historical CAGR (2019 to 2023) 6.00%

The AC power source market registered a CAGR of 6.00% from 2019 to 2023. The market reached USD 1.1 billion in 2023, from USD 0.87 billion in 2019. The increasing global population and rapid urbanization indirectly contributed to the market during the historical period.

A noticeable shift toward renewable energy sources like wind and solar power is stimulating market growth. Other factors that are fueling the market are as follows:

  • Surging demand for energy storage solutions.
  • Technological progress in smart grid and distributed energy systems.
  • Rising use of AC power sources in the aerospace and defense industry.

In upcoming years, investments in renewable energy sources are projected to increase, thus creating demand for reliable and efficient AC power sources for energy storage and conversion. Regionally, Asia Pacific is predicted to witness an influx of top players who wish to capitalize on the significant economic growth of the region.

The market is expected to increase from USD 1.2 billion in 2024 to USD 1.8 billion by 2034. The market is expected to expand at a consistent CAGR of 4.30% over the forecast period.

Analysis of Top Countries Adopting and Manufacturing AC Power Sources

Country CAGR (2024 to 2034)
United States 4.50%
United Kingdom 5.60%
China 4.70%
Japan 5.10%
South Korea 6.10%

Growing Interest in Clean Energy Solutions in the United States Inflating Market Growth

The consumption of AC power sources in the United States in different application sectors is increasing at a pace of 4.50% through 2034. The factors responsible for this growth are as follows:

  • Growing demand for reliable sources in several sectors like data centers and healthcare
  • Rapid automation and integration of IoT devices in various industries are increasing the scope of AC power sources
  • Rising demand for clean energy solutions and the ongoing shift toward sustainable power sources are creating new opportunities for leading producers

Growth Avenues for Key Players of AC Power Sources in the United Kingdom

The use of AC power sources is projected to increase in the United Kingdom at a CAGR of 5.60% through 2034. The factors driving the market growth are as follows:

  • Surging demand for high-quality and reliable power sources in multiple industries.
  • Heightened adoption of renewable energy sources.
  • Increasing efforts in the production of wireless devices and infrastructure.

Key Prospects Intensifying Growth of AC Power Sources in China

The demand for AC power sources is increasing in China, with a projected CAGR of 4.70% through 2034. Emerging patterns in the China market are as follows:

  • China is a hub of manufacturing and research facilities of several manufacturers of consumer electronics, automotive, etc. Owing to this perception, lucrative opportunities are present for AC power source manufacturers.
  • The Chinese government is encouraging the generation and use of renewable energy, which is fueling the demand for AC power supply.

Technological Innovations in Japan Paving the Road for Market Success

The Japan AC power source market is assessed to register a CAGR of 5.10% through 2034. The deployment of AC power sources is increasing on account of the following:

  • Rising presence of automotive, energy, medical devices, and consumer electronics manufacturers in Japan.
  • Surging technological innovations and advancements in manufacturing processes are providing lucrative growth opportunities for key players.

Emerging Opportunities in South Korea Attracting Market Players

Key players are significantly investing in South Korea, as the country is offering greater growth opportunities than its counterparts. Through 2034, South Korea is projected to expand at a CAGR of 6.10%, driven by the following factors:

  • Surging government efforts in generating renewable power, developing smart cities, expanding the consumer electronics industry, and increasing the production of equipment deployed in renewable power generation.
  • Increasing use of electric vehicles (EVs) and advanced electronics in vehicles propel the deployment of AC power sources.

AC Power Source Industry Analysis by Top Investment Segments

Adoption of Single Phase AC Power Sources to Surge Through 2034

Leading Phase Type Single Phase
CAGR (2024 to 2034) 4.1%

The single phase segment is a substantially preferred phase type. The following factors back the adoption of single phase AC power sources:

  • Increasing use of AC power in extensive commercial, residential, and industrial applications as a cost-effective and reliable source of electricity. cost-effective and reliable source of electricity.
  • Surging deployment in several electronic devices and systems like audio equipment, computers, and lighting systems.
  • Rising adoption of renewable energy sources requires reliable and efficient AC power sources for energy storage and conversion.Rising adoption of renewable energy sources, which require reliable and efficient AC power sources for energy storage and conversion.

Linear AC Power Sources Tops the Modulation Category

Leading Modulation Type Linear AC Power Sources
CAGR (2024 to 2034) 3.9%

The linear AC power sources segment is anticipated to find significant adoption based on the modulation type. Top factors that are spurring the segment growth are:

  • Accelerating demand for high-quality and durable power sources in numerous end-use sectors. These include automotive, telecommunications, medical devices, aerospace and defense, and consumer electronics.
  • Linear AC power sources are increasing in use for testing and validation purposes in electronic devices and for powering complex equipment and machinery. This can be attributed to the reliability and stability of linear AC power sources.
  • Surging investments in EVs and the rising utilization of advanced electronics in vehicles are spurring the demand for linear AC power sources.

Competitive Landscape of the AC Power Source Market

Key players are adding advanced features to their AC power sources to increase their appeal among end users. Additionally, industry leaders are concentrating on certain niche applications like aerospace testing, renewable energy integration, or electric vehicle charging to serve unique market needs effectively.

Market contenders also provide customizable power source solutions as they take a customer-centric approach and develop stronger relationships.

Leading vendors are collaborating with complementary companies from the power industry to increase their reach and gain access to new customer segments. Market players are expanding geographically via partnerships, acquisitions, or by establishing local production to increase brand visibility and customer base.

Key players are further focusing on targeted marketing campaigns to raise awareness about the brands’ unique selling propositions.

Recent Developments

  • In December 2023, Advanced Energy Industries, Inc., which is a leading provider of precision power measurement, conversion, and control solutions, unveiled a new configurable power supply. This product offers optimized application-specific power conversion in a small form factor and 4X higher power density than traditional solutions.
  • In July 2023, Bel Fuse Inc., which is a manufacturer of products that protect, power, and link electronic circuits, announced that it is adding the EPG300 and EPG500 series of AC-DC power supplies to its line of EOS power supplies. This new launch is based on a new, effective Gallium Nitride (GaN) technology design.
  • In May 2023, UGREEN collaborated with BYD Electronics to launch the Star Outdoor Power Supply GS2200. This technological innovation has a power specification of 2kWh and 2200W. This device joins the existing lineup of the Star series.

Leading Companies in the AC Power Source Market

  • Keysight Technologies Inc.
  • Chroma ATE Inc.
  • AMETEK Programmable Power, Inc.
  • B&K Precision Corporation
  • National Instruments Corporation
  • Tektronix Inc.
  • California Instruments Corporation
  • Kikusui Electronics Corporation
  • MATSUSADA PRECISION Inc.
  • NF Corporation
  • Others

Top Segments Studied in the AC Power Source Market

By Phase Type:

  • Single Phase
  • Three Phase

By Modulation Type:

  • Linear AC Power Sources
  • PWM AC Power Sources

By Application:

  • Aerospace and Defense
  • Automotive
  • Consumer Electronics
  • Medical Devices
  • Telecommunications
  • Others

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia and Pacific
  • Western Europe
  • Eastern Europe
  • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
  • 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Phase Type
    • 5.1. Single Phase
    • 5.2. Three Phase
  • 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Modulation Type
    • 6.1. Linear AC Power Sources
    • 6.2. PWM AC Power Sources
  • 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
    • 7.1. Aerospace and Defense
    • 7.2. Automotive
    • 7.3. Consumer Electronics
    • 7.4. Medical Devices
    • 7.5. Telecommunications
    • 7.6. Others
  • 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Western Europe
    • 8.4. Eastern Europe
    • 8.5. South Asia and Pacific
    • 8.6. East Asia
    • 8.7. Middle East and Africa
  • 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
  • 16. Key Countries Market Analysis
  • 17. Market Structure Analysis
  • 18. Competition Analysis
    • 18.1. Keysight Technologies Inc.
    • 18.2. Chroma ATE Inc.
    • 18.3. AMETEK Programmable Power Inc.
    • 18.4. B&K Precision Corporation
    • 18.5. National Instruments Corporation
    • 18.6. Tektronix Inc.
    • 18.7. California Instruments Corporation
    • 18.8. Kikusui Electronics Corporation
    • 18.9. Matsusada Precision Inc.
    • 18.10. NF Corporation
    • 18.11. Preen (AC Power Corp.)
  • 19. Assumptions & Acronyms Used
  • 20. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 7: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 8: Global Market Volume (Units) Forecast by Application, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 13: North America Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 14: North America Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 15: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 16: North America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 19: Latin America Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 20: Latin America Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 21: Latin America Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 22: Latin America Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 23: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 24: Latin America Market Volume (Units) Forecast by Application, 2019 to 2034

Table 25: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: Western Europe Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 28: Western Europe Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 29: Western Europe Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 30: Western Europe Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 31: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 32: Western Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 33: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 34: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 35: Eastern Europe Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 36: Eastern Europe Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 37: Eastern Europe Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 38: Eastern Europe Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 39: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 40: Eastern Europe Market Volume (Units) Forecast by Application, 2019 to 2034

Table 41: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 42: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034

Table 43: South Asia and Pacific Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 44: South Asia and Pacific Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 45: South Asia and Pacific Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 46: South Asia and Pacific Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 47: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 48: South Asia and Pacific Market Volume (Units) Forecast by Application, 2019 to 2034

Table 49: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 50: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 51: East Asia Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 52: East Asia Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 53: East Asia Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 54: East Asia Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 55: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 56: East Asia Market Volume (Units) Forecast by Application, 2019 to 2034

Table 57: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 58: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034

Table 59: Middle East and Africa Market Value (US$ Million) Forecast by Phase Type, 2019 to 2034

Table 60: Middle East and Africa Market Volume (Units) Forecast by Phase Type, 2019 to 2034

Table 61: Middle East and Africa Market Value (US$ Million) Forecast by Modulation Type, 2019 to 2034

Table 62: Middle East and Africa Market Volume (Units) Forecast by Modulation Type, 2019 to 2034

Table 63: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034

Table 64: Middle East and Africa Market Volume (Units) Forecast by Application, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Application, 2024 to 2034

Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 6: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 9: Global Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 10: Global Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 11: Global Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 12: Global Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 13: Global Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 14: Global Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 15: Global Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 16: Global Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 17: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 18: Global Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 21: Global Market Attractiveness by Phase Type, 2024 to 2034

Figure 22: Global Market Attractiveness by Modulation Type, 2024 to 2034

Figure 23: Global Market Attractiveness by Application, 2024 to 2034

Figure 24: Global Market Attractiveness by Region, 2024 to 2034

Figure 25: North America Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 26: North America Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 27: North America Market Value (US$ Million) by Application, 2024 to 2034

Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 30: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 33: North America Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 34: North America Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 35: North America Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 36: North America Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 37: North America Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 38: North America Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 39: North America Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 40: North America Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 41: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 42: North America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 45: North America Market Attractiveness by Phase Type, 2024 to 2034

Figure 46: North America Market Attractiveness by Modulation Type, 2024 to 2034

Figure 47: North America Market Attractiveness by Application, 2024 to 2034

Figure 48: North America Market Attractiveness by Country, 2024 to 2034

Figure 49: Latin America Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 50: Latin America Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 51: Latin America Market Value (US$ Million) by Application, 2024 to 2034

Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 54: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 57: Latin America Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 58: Latin America Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 61: Latin America Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 62: Latin America Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 65: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 66: Latin America Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 69: Latin America Market Attractiveness by Phase Type, 2024 to 2034

Figure 70: Latin America Market Attractiveness by Modulation Type, 2024 to 2034

Figure 71: Latin America Market Attractiveness by Application, 2024 to 2034

Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 73: Western Europe Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 74: Western Europe Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 75: Western Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 76: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 77: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 78: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 79: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 80: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 81: Western Europe Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 82: Western Europe Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 83: Western Europe Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 84: Western Europe Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 85: Western Europe Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 86: Western Europe Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 87: Western Europe Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 88: Western Europe Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 89: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 90: Western Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 91: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 92: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 93: Western Europe Market Attractiveness by Phase Type, 2024 to 2034

Figure 94: Western Europe Market Attractiveness by Modulation Type, 2024 to 2034

Figure 95: Western Europe Market Attractiveness by Application, 2024 to 2034

Figure 96: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 97: Eastern Europe Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 98: Eastern Europe Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 99: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034

Figure 100: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 101: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 102: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 103: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 104: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 105: Eastern Europe Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 106: Eastern Europe Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 107: Eastern Europe Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 108: Eastern Europe Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 109: Eastern Europe Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 110: Eastern Europe Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 111: Eastern Europe Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 112: Eastern Europe Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 113: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 114: Eastern Europe Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 115: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 116: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 117: Eastern Europe Market Attractiveness by Phase Type, 2024 to 2034

Figure 118: Eastern Europe Market Attractiveness by Modulation Type, 2024 to 2034

Figure 119: Eastern Europe Market Attractiveness by Application, 2024 to 2034

Figure 120: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 121: South Asia and Pacific Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 122: South Asia and Pacific Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 123: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034

Figure 124: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 125: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 126: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 127: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 128: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 129: South Asia and Pacific Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 130: South Asia and Pacific Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 131: South Asia and Pacific Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 132: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 133: South Asia and Pacific Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 134: South Asia and Pacific Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 135: South Asia and Pacific Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 136: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 137: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 138: South Asia and Pacific Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 139: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 140: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 141: South Asia and Pacific Market Attractiveness by Phase Type, 2024 to 2034

Figure 142: South Asia and Pacific Market Attractiveness by Modulation Type, 2024 to 2034

Figure 143: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034

Figure 144: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 145: East Asia Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 146: East Asia Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 147: East Asia Market Value (US$ Million) by Application, 2024 to 2034

Figure 148: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 149: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 150: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 151: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 152: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 153: East Asia Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 154: East Asia Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 155: East Asia Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 156: East Asia Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 157: East Asia Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 158: East Asia Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 159: East Asia Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 160: East Asia Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 161: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 162: East Asia Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 163: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 164: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 165: East Asia Market Attractiveness by Phase Type, 2024 to 2034

Figure 166: East Asia Market Attractiveness by Modulation Type, 2024 to 2034

Figure 167: East Asia Market Attractiveness by Application, 2024 to 2034

Figure 168: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 169: Middle East and Africa Market Value (US$ Million) by Phase Type, 2024 to 2034

Figure 170: Middle East and Africa Market Value (US$ Million) by Modulation Type, 2024 to 2034

Figure 171: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034

Figure 172: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 173: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 174: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 175: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 176: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 177: Middle East and Africa Market Value (US$ Million) Analysis by Phase Type, 2019 to 2034

Figure 178: Middle East and Africa Market Volume (Units) Analysis by Phase Type, 2019 to 2034

Figure 179: Middle East and Africa Market Value Share (%) and BPS Analysis by Phase Type, 2024 to 2034

Figure 180: Middle East and Africa Market Y-o-Y Growth (%) Projections by Phase Type, 2024 to 2034

Figure 181: Middle East and Africa Market Value (US$ Million) Analysis by Modulation Type, 2019 to 2034

Figure 182: Middle East and Africa Market Volume (Units) Analysis by Modulation Type, 2019 to 2034

Figure 183: Middle East and Africa Market Value Share (%) and BPS Analysis by Modulation Type, 2024 to 2034

Figure 184: Middle East and Africa Market Y-o-Y Growth (%) Projections by Modulation Type, 2024 to 2034

Figure 185: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034

Figure 186: Middle East and Africa Market Volume (Units) Analysis by Application, 2019 to 2034

Figure 187: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034

Figure 188: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034

Figure 189: Middle East and Africa Market Attractiveness by Phase Type, 2024 to 2034

Figure 190: Middle East and Africa Market Attractiveness by Modulation Type, 2024 to 2034

Figure 191: Middle East and Africa Market Attractiveness by Application, 2024 to 2034

Figure 192: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

Frequently Asked Questions

How Big is the AC Power Source Market in 2024?

The AC power source market is projected to be worth USD 1.2 billion in 2024.

What is the Growth Potential of AC Power Sources through 2034?

The market is predicted to expand at a CAGR of 4.3% through 2034.

What is the Future Outlook of the AC Power Source Market by 2034?

The market is anticipated to account for USD 1.8 billion by 2034.

Which Country Offers High Growth Prospects for AC Power Sources?

South Korea is predicted to provide significant growth opportunities.

Which Phase Type Significantly Contributes to Market Growth?

The single phase segment holds a significant share of the market.

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AC Power Source Market