QYResearch: The global market size of AC power source is expected to $959 million in 2022

AC power supply APS-1102A not only plays the role as a precision AC/DC power source but also a powerful analyzer. It contains abundant features for the testing and characteristic analysis of power supplies, electronic devices, components and modules.

The worldwide AC power source supply market is projected to grow from $855 million in 2011 to almost $939 million in 2016, a compounded annual growth rate (CAGR) of 1.9 percent. According to QYResearch, In the next five years, the global market size of AC power source supply will maintain less than 1 percent annual growth rate, and the market size is expected to $959 million in 2022.

For the purpose of this report, the worldwide market includes Six regions: USA, Europe, Asia, South America, Middle East, Africa and the rest of the world (ROW). It is expects to see considerable growth for the AC Power Source supply unit market over the forecast period in each of these regions with the largest market of 36 percent in North America, Asia-Pacific is the similar.

In terms of Share, the AC power source is mainly applied in Aerospace, Research & design, Military and Manufacturing tests. In 2016, as proposed, manufacturing tests occupies the most, accounting for 38%, Research & design accounts for 20%, Aerospace accounts for 17% and Military occupies the least.

With the rapid growth of the national economy as well as the rapid development of downstream industries, the AC Power Source supply market maintain strong developed trend due to the numerous applications which developed rapidly, such as Aerospace, scientific Research, Manufacturing, etc.

Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

More: http://www.qyresearchglobal.com/goods-1380902.html

This article was first released by QYResearch, if reproduced, please indicate the source.

Marketing: sales@qyresearch.com

Media Contact: press@qyresearch.com