WILMINGTON, Del., Aug. 9, 2024
/PRNewswire/ -- The global AC regulated power market is
experiencing growth due to rising adoption of renewable energy
sources. The shift towards renewable energy sources is
significantly impacting the AC regulated power market. Renewable
energy systems, such as solar and wind power, often generate
variable and intermittent power, which can lead to fluctuations in
the electricity supply. AC regulated power solutions play a crucial
role in stabilizing the output from these renewable sources,
ensuring a consistent and reliable power supply.
Allied Market Research published a report, titled, "AC
Regulated Power Market by Type (Single-phase,
Three-phase and Others) , Application (Data Centers, Healthcare
Facilities, Industrial Control Systems, Offices and Others) :
Global Opportunity Analysis and Industry Forecast, 2024-2033".
According to the report, the ac regulated power market was valued
at $108.9 billion in 2023, and is
estimated to reach $360.5 billion by
2033, growing at a CAGR of 13.2% from 2024 to 2033.
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https://www.alliedmarketresearch.com/request-sample/A67293
Prime determinants of growth
The global AC regulated power market is driven by the expansion
of electronics and telecommunications industry. The rapid expansion
of the electronics and telecommunications industry is another
significant driver of the AC regulated power market. The need for
stable and reliable power has become paramount with the
proliferation of electronic devices, communication networks, and
data centers. Electronic devices and communication systems are
highly sensitive to power quality issues, and even minor
disturbances can lead to significant disruptions. AC regulated
power solutions ensure that these systems operate smoothly,
protecting sensitive equipment from power fluctuations and
enhancing overall system reliability. The increasing reliance on
cloud computing, the Internet of Things (IoT) , and 5G networks
further amplifies the need for high-quality power regulation,
driving the market growth.
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2033
|
Base
Year
|
2023
|
Market Size in
2023
|
$108.9
billion
|
Market Size in
2033
|
$360.5
billion
|
CAGR
|
13.2 %
|
No. of Pages in
Report
|
350
|
Segments
covered
|
Type, Application, and
Region.
|
Drivers
|
- Expanding
Electronics and Telecommunications Industry
- Rising Adoption of
Renewable Energy Sources
- Increasing Demand
for Industrial Automation
|
Opportunities
|
- Technological
Advancements
|
Restraints
|
|
The three-phase segment to maintain its lead position during
the forecast period
The demand for three-phase AC regulator power is increasing due
to its ability to handle higher power loads efficiently, making it
essential for industrial and commercial applications. Three-phase
systems provide more stable and reliable power distribution, which
is crucial for operating heavy machinery, large HVAC systems, and
other high-power equipment. This stability reduces downtime and
maintenance costs, enhancing productivity. Additionally, there is a
greater need for robust power regulation to ensure equipment
longevity and optimal performance, with the rise in industrial
automation and expansion of manufacturing sectors. The increased
adoption of renewable energy sources also necessitates three-phase
regulation for efficient integration and distribution, driving
further demand.
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Tables, and Figures) @ https://bit.ly/3AiKrye
The industrial control systems segment to maintain its lead
position during the forecast period
The demand for AC regulator power in industrial control systems
is increasing due to the need for precise and stable power to
ensure the smooth operation of sensitive and high-precision
equipment. Industrial control systems rely on consistent voltage
and frequency to maintain optimal performance and avoid disruptions
caused by power fluctuations. AC regulators enhance the reliability
and efficiency of automated processes, reducing downtime and
maintenance costs. The importance of stable power supplies grows,
as industries adopt advanced automation and IoT technologies. This
drives the demand for AC regulators. Additionally, energy
efficiency mandates and the need for improved operational
efficiency further boost the adoption of AC regulator power in
industrial settings.
North America to maintain
its dominance by 2033
The demand for AC regulator power in North America is increasing due to growth of
industrial automation, expansion of renewable energy integration,
and need for improved energy efficiency. Industrial sectors require
stable and reliable power to maintain the performance of sensitive
equipment, while renewable energy sources like solar and wind
necessitate regulation to ensure consistent power output.
Additionally, infrastructure modernization and the proliferation of
advanced electronics and telecommunications systems further drive
the need for regulated power. These trends, coupled with stringent
energy efficiency regulations and the push towards sustainable
practices, are significantly boosting the demand for AC regulator
power across the region.
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Leading Market Players: -
- Delixi Electric
- AC Power Corp.
- YINGJIAO Electrical
- Trystar
- Schneider Electric
- Tesca
- Acopian Technical Company
- Powertron India Private Limited
- Wavelength Electronics
- K-PAS Instronic
The report provides a detailed analysis of these key players in
the global AC regulated power market. These players have adopted
different strategies such as new product launches, collaborations,
expansion, joint ventures, agreements, and others to increase their
market share and maintain dominant shares in different regions. The
report is valuable in highlighting business performance, operating
segments, product portfolio, and strategic moves of market players
to showcase the competitive scenario.
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