Power Quality Equipment Market

Power Quality Equipment Market Size, Share, Growth Analysis, By Type(Surge Arrester, Surge protection devices, Harmonic filters, Power conditioning units), By Application(Industrial & Manufacturing, Commercial, Residential, Transportation), By Phase(Single Phase, Three Phase), By End User(Telecommunications, Automotive & Industrial, Electrical & Electronics, Energy & Utilities), By Geography(North America, U.S., Canada, Europe) - Industry Forecast 2025-2032


Report ID: UCMIG20D2128 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Power Quality Equipment Market Insights

Market Overview:

In 2021, the global power quality equipment market achieved a substantial valuation of USD 35.8 billion, highlighting the critical importance of ensuring consistent and reliable power supply in various industries. This valuation underscores the growing need for technologies that can mitigate power quality issues and enhance overall operational efficiency. As the world progresses, the market's trajectory signals a notable expansion, with forecasts indicating a prospective value of approximately USD 61.7 billion by 2030. This anticipated growth is supported by a developing Compound Annual Growth Rate (CAGR) of 6.23%, expected over the forecast period spanning from 2022 to 2030. The ascent of the power quality equipment market reflects the increasing reliance on uninterrupted power supply across sectors and the integral role these solutions play in maintaining the stability of critical infrastructure and industrial processes.

Power Quality Equipment Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
To get more reports on the above market click here to
Get Free Sample

This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electrical Components & Equipment by segment aggregation, the contribution of the Electrical Components & Equipment in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The market for Power Quality Equipment was estimated to be valued at US$ XX Mn in 2021.

The Power Quality Equipment Market is estimated to grow at a CAGR of XX% by 2028.

The Power Quality Equipment Market is segmented on the basis of Type, Application, Phase, End User, Geography.

Based on region, the Power Quality Equipment Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Power Quality Equipment Market are Toshiba Corporation , General Electric Company , ABB Ltd. , Schneider Electric , Emerson Electric Company , Siemens AG , Eaton Corporation Plc. , MTE Corporation , Active Power Inc. , Smith’s Group plc..

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Power Quality Equipment Market

Report ID: UCMIG20D2128

$5,300
BUY NOW GET FREE SAMPLE