Power Quality Equipment Market

Power Quality Equipment Market, By Equipment (Uninterruptable Power Supply (UPS), Harmonic Filters, Static VAR Compensator, Power Quality Meters, Others), By Phase (Single Phase, Triple Phase), By End-users (Industrial and Manufacturing, Commercial, Others), And By Geography (North America, Europe, Asia Pacific, Latin America)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Power Quality Equipment act as electrical filters by removing or reducing the level of harmful harmonics from the power distribution systems to ensure the optimal functioning of the components and devices in the power grids and improves their overall performance and increases the longevity. Power quality equipment are essential to ensure a smooth flow of electricity in the systems, monitor the condition of the system, gather and display technical data of the equipment and provide a holistic approach towards maintenance of the quality of power distribution system. The power quality equipment include devices like, uninterruptable power supply (UPS), harmonic filters, surge protection devices, voltage regulators, static compensators, etc. The installation of these equipment in power grids or electrical systems in industrial or commercial sites lead to benefits like optimal use of electrical components, avoiding system failure and ensuring stable supply of electricity, avoiding production loss which leads to saving costs and increased profits. The development of power infrastructure is another factor that can lead to the expansion of the power quality equipment market during the forecast period.

Market Dynamics

The power quality equipment market is undergoing rapid advancements as the energy sector is experiencing a shift in the method of power generation. The traditional power generation methods are being increasingly replaced by renewable energy systems like wind energy plants, solar power plants, nuclear power plants, etc. These different methods of power generation use different components and devices in their system. Hence, the power quality equipment market needs to take into consideration the diverse needs of these systems and develop unique solutions that can cater to the needs of the market. Accordingly the market players are inclined to undertake research and development efforts to ensure that the power quality equipment are able to serve the changing needs of the power sector. Moreover, the market is witnessing a huge inflow of investment in grid infrastructure which further increases the demand for power quality equipment to be installed in such power distribution systems.

Key features of the study:
  • This report provides an in-depth analysis of the Global Power Quality Equipment Market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
  • It profiles leading players in the Global Power Quality Equipment Market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study are Hitachi Energy Ltd., Siemens AG, EATON Corporation plc, Emerson Electric Company, Schneider Electric SE, General Electric Company, Toshiba Corporation, Schaffner Holding AG, MTE Corporation, Active Power Inc. and Others.
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • Global power quality equipment market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global power quality equipment market.
Detailed Segmentation
  • Global Power Quality Equipment Market, By Equipment:
  • Uninterruptable Power Supply (UPS)
  • Harmonic Filters
  • Static VAR Compensator
  • Power Quality Meters
  • Others
  • Global Power Quality Equipment Market, By Phase:
  • Single Phase
  • Triple Phase
  • Global Power Quality Equipment Market, By End-Users:
  • Industrial and Manufacturing
  • Commercial
  • Others
  • Global Power Quality Equipment Market, By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa
  • Company Profiles
  • Hitachi Energy Ltd.
  • Siemens AG
  • EATON Corporation plc
  • Emerson Electric Company
  • Schneider Electric SE
  • General Electric Company
  • Toshiba Corporation
  • Schaffner Holding AG
  • MTE Corporation
  • Active Power Inc.
  • Others


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Equipment
Market Snippet, By Phase
Market Snippet, By End-Users
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increase in demand for power quality in industrial and manufacturing sectors
Advancement in telecommunication sector and expansion of data centers
Restraints
High cost of Power Quality Equipment
Growing concerns regarding autonomous vehicles in developing countries
Market Opportunities
Rise in the number of power grids
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Power Quality Equipment Market, By Equipment, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Uninterruptable Power Supply (UPS)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Harmonic Filters
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Static VAR Compensator
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Power Quality Meters
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
5. Global Power Quality Equipment Market, By Phase, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Single Phase
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Triple Phase
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Power Quality Equipment Market, By End-Users, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends Market Share Analysis, 2023 and 2030 (%)
Industrial and Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Commercial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
Others
Introduction
Market Size and Forecast, 2018-2030, (US$ Billion)
7. Global Power Quality Equipment Market, By Region, 2023-2030, (US$ Billion)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Equipment, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Phase, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End-Users, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Equipment, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Phase, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End-Users, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Equipment, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Phase, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End-Users, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Equipment, 2018-2030 ,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Phase, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End-Users, 2018-2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Equipment, 2018-2030 (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Phase, 2018-2030 (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End-Users, 2018-2030 (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
South Africa
GCC Countries
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Hitachi Energy Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Siemens AG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
EATON Corporation plc
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Emerson Electric Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Schneider Electric SE
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
General Electric Company
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Toshiba Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Schaffner Holding AG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
MTE Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Active Power Inc.
Company Overview
Product Portfolio
Financial Performanc
Recent Developments/Updates
Others
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Analyst Views
9. Section
References
Research Methodology
About us and Sales Contact
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