Report Code: A13800 | Pages: NA | Mar 2023 | 1361 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ac Power Sources Market
Request Now !Alternate Current is an electric current which periodically reverses direction and changes its magnitude continuously with time in contrast to direct current which flows only in one direction. AC is the form in which electric power is delivered to businesses and residences, and it is the form of electrical energy that a consumer typically consumes when they plug kitchen appliances, television, fans and electric lamps into a wall socket. Audio and radio signals are carried out through electrical wires are also example of AC, such as sound (audio) or images sometimes carried out by modulation of an AC carrier signal. AC currents typically alternate at higher frequencies than those used in power transmission.
COVID-19 Impact analysis
Top Impacting Factors
AC power sources cater to applications such as LED light production line, AC motors, medical equipment testing, home appliances and avionics and marine equipment testing. The efficiencies of AC power sources exceed 90% and therefore, it incurs negligible power loss. In most countries, domestic utility is AC with frequency 60Hz or 50Hz in other countries.
Market Trends
The upsurge in the influence of western culture in developing economies of Asia-Pacific is driving the market of AC power sources owing to the increased utility of high voltage electricity,Â
However, there is lack of safety standards, which can impose a significant hazard to human life owing to which the use of high-quality power equipment is utmost important.
Due to the quality products being expensive and larger penetration of local vendors, the growth of AC power sources market is restricted to some extent.
With the help of power transformer, voltage of an AC power source can be charged easily and which apparently allows distribution and transmission with amplified voltage which is boosting the AC market growth
In addition to this, rising focus on energy efficient business operations further fueling the demand for AC.
Lack of safety factors act as a restraining factor in the growth of the market.
The growth in renewable energy is increasing the demand of AC power supply for testing and manufacturing equipment’s that are used in renewable energy generation.
Key Benefits of the Report
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AC power sources Market Report Highlights
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Key Market Players | Keysight Technologies, Chroma ATE Inc, Ametek, Good Will Instrument Co. Ltd., Kikusui Electronics Corporation, AC Power Corp, Regatron AG, B&K Precision Corporation, Ainuo Instruments, Pacific Power Source |
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