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The alternating current power system market is forecasted to grow by USD 64.4 billion during 2023-2028, accelerating at a CAGR of 5.04% during the forecast period. The report on the alternating current power system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of AC in high-voltage power transmission, rising demand from telecom industry, and increasing demand for AC power systems in power generation plants.
The alternating current power system market is segmented as below:
By Type
- Three-phase
- Single-phase
By End-user
- Non-residential
- Residential
By Product
- Generator
- Switchgear
- UPS
- PDU
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the alternating current power system market covers the following areas:
- Alternating current power system market sizing
- Alternating current power system market forecast
- Alternating current power system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Market Segmentation by Product
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global alternating current power system market: ABB Ltd., Advanced Energy Industries Inc., AEG Power Solutions BV, Delta Electronics Inc., EnerSys, General Electric Co., Hitachi Ltd., Infineon Technologies AG, Itech Electronic Co. Ltd., Joe Powell and Associates Inc., LITE ON Technology Corp., LS ELECTRIC Co. Ltd., MEAN WELL Enterprises Co. Ltd., Mitsubishi Electric Corp., Schaefer Inc., Schneider Electric SE, Siemens AG, Vertiv Holdings Co., Vicor Corp., and Zhejiang CHINT Electrics Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising integration of renewable energy sources with grid."
According to the report, one of the major drivers for this market is the increasing use of ac in high-voltage power transmission.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advanced Energy Industries Inc.
- AEG Power Solutions BV
- Delta Electronics Inc.
- EnerSys
- General Electric Co.
- Hitachi Ltd.
- Infineon Technologies AG
- Itech Electronic Co. Ltd.
- Joe Powell and Associates Inc.
- LITE ON Technology Corp.
- LS ELECTRIC Co. Ltd.
- MEAN WELL Enterprises Co. Ltd.
- Mitsubishi Electric Corp.
- Schaefer Inc.
- Schneider Electric SE
- Siemens AG
- Vertiv Holdings Co.
- Vicor Corp.
- Zhejiang CHINT Electrics Co. Ltd.