Power Factor Correction Market by Reactive Power (0-200 KVAR, 200-500 KVAR, 500 – 1500 KVAR, Above 1500 KVAR), Type (Fixed, Automatic), Sales Channel (Distributors, OEM Direct), Application, & Region - Global Forecast to 2030

Power Factor Correction Market by Reactive Power (0-200 KVAR, 200-500 KVAR, 500 – 1500 KVAR, Above 1500 KVAR), Type (Fixed, Automatic), Sales Channel (Distributors, OEM Direct), Application, & Region - Global Forecast to 2030

The power factor correction market is estimated to grow from USD 3.3 billion by 2030 from an estimated USD 2.4 billion in 2024, at a CAGR of 5.5% during the forecast period. Two important factors that drive the Power Factor Correction market are increasing energy efficiency and low-cost power management. First, while industries and governments across the world are concerned about reducing energy wastage in addition to improving the efficiency of power systems, PFC technologies turn out to be essential tools in optimizing power usage. Secondly, while energy costs are ever increasing, companies look for ways through which this bill can be reduced. A PFC system helps in attaining this by minimizing losses in power and also reduces the risks of penalties associated with poor power factor; hence, it is a good investment across many sectors.

“OEM Direct segment is the second largest segment of the power factor correction market, by sales channel”

The OEM Direct segment accounts for the second-largest base in the power factor correction market. This is due to a high degree of direct contacts and relationships with original equipment manufacturers. The segment has benefited from increasing demand for energy-efficient solutions that are directly built into the manufacturing stage of making machinery and equipment. The direct channels are preferred by the OEMs as the choice is important because of the offering of custom-made and high-quality components that meet specific technical requirements and ensure effective power management and energy savings in various industrial applications. It has proved to be a major factor for the significant increase in sales for this segment.

“200-500 KVAR is expected to emerge as the fastest-growing segment based on reactive power segment”

The 200-500 KVAR segment is expected to be the fastest-growing segment of the power factor correction market with respect to reactive power, as this segment offers the best balance between cost and efficiency for use in medium to large-scale industrial and commercial applications. The value of this range lies in its effective solution to the high reactive power requirements of facilities with gross electrical loads in a manner that assures improved power quality, together with reduced power operational costs. Moreover, power factor correction solutions retrievable in this KVAR range are in fast-growing demand due to an increased priority for energy efficiency and regulatory compliance in industries.

“Commercial is expected to be the second largest segment based on application”

The commercial segment is expected to rank second in application in the power factor correction market due to rising needs for energy efficiency in commercial buildings and facilities. With an increasing phenomenon of the operational cost increase and new energy regulations and policies coming into the scene, businesses have started looking towards power quality and reduction of energy waste. Commercial power factor correction solutions are applied to manage the electric power load in an efficient way, to increase the lifetime of equipment, and to avoid penalties by utility companies for poor power factor. This explains the reason this segment shows considerable growth and importance in the market.

“Europe is expected to emerge as the third largest region based on power factor correction market”

Europe will emerge as the third-largest market for the global power factor correction market in the forecast period. This can be attributed to the strong regulatory framework promoting energy efficiency and the rapid adoption of advanced technologies. The industrial sector in the region has been fueled by increasing energy costs and stringent environmental regulations. Growing attention toward the integration of renewable energy and development of smart grids further supports efficient power management demand, placing Europe as one of the major shareholders in the global market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%

By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%

By Region: North America- 10%, Europe- 15%, Asia Pacific- 60%, the Middle East & Africa- 10%, and South America- 5%

Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The power factor correction market is dominated by a few major players that have a wide regional presence. The leading players in the power factor correction market are Eaton (Ireland), ABB (Switzerland), GE Vernova (US), Schneider Electric (France), and Hitachi Energy Ltd (Switzerland)

Research Coverage:

The report defines, describes, and forecasts the power factor correction market, by reactive power, application, sales channel, type, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the smart grid market.

Key Benefits of Buying the Report

Increasing investments in energy sector and rising number of renewable energy integration and energy effeciency attributed.

Product Development/ Innovation: The trends such as integration of Internet of Things (IoT) technology with Power Factor Correction (PFC) systems and integration of solid-state switching devices in Power factor correction systems.

Market Development: The global scenario of power factor correction has developed due to a global shift towards energy efficiency solutions, increased adoption of renewable sources like solar and wind power, technological advancements enhancing efficiency, and the growing demand for electric vehicles. These factors collectively propel innovation, creating a dynamic landscape for power factor correction to meet evolving energy demands.

Market Diversification: Market diversification in the power factor correction market is a response to varied energy needs across industries and regions. As power factor correction adoption expands, diverse applications emerge, from various industries to renewable projects. Power factor correction manufacturers diversify their product offerings to cater to the specific requirements of different sectors, fostering market growth and resilience.

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Schnieder Electric (France), Eaton (Ireland), GE Vernova (US), ABB (Switzerland), Hitachi Energy (Switzerland), among others in the power factor correction market.

Tables List

Table 1 Inclusions And Exclusions: By Reactive Power

Table 2 Inclusions And Exclusions: By Type

Table 3 Inclusions And Exclusions: By Sales Channel

Table 4 Inclusions And Exclusions: By Application

Table 5 Power Factor Correction Market Snapshot

Table 6 Role Of Companies In Power Factor Correction Ecosystem

Table 7 World Gdp Growth Projection, 2021–2028 (Usd Trillion)

Table 8 Manufacturing Value Added (% Of Gdp), 2023

Table 9 Electricity Production, By Country, 2023 (Twh)

Table 10 Power Factor Correction Market: List Of Major Patents, 2021–2024

Table 11 Export Scenario For Hs Code 8532-compliant Products, By Country, 2021–2023 (Usd Thousand)

Table 12 Import Scenario For Hs Code 8532-compliant Products, By Country, 2021–2023 (Usd Thousand)

Table 13 Power Factor Correction Market: List Of Conferences And Events, 2024–2025

Table 14 Indicative Pricing Trend Of Capacitor Banks Used In Power

Factor Correction, By Reactive Power, 2021–2023 (Usd Per Unit)

Table 15 Average Selling Price Trend Of Power Factor Correction System,

By Region, 2021–2023 (Usd Per Unit)

Table 16 Import Tariff For Hs Code 8532-compliant Products, 2023

Table 17 North America: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 18 Europe: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 19 Asia Pacific: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 20 South America: List Of Regulatory Bodies, Government Agencies,

And Other Organizations

Table 21 Middle East & Africa: List Of Regulatory Bodies, Government Agencies, And Other Organizations

Table 22 Global Power Factor Correction Regulations

Table 23 North American Power Factor Correction Regulations

Table 24 European Power Factor Correction Regulations

Table 25 Asia Pacific Power Factor Correction Regulations

Table 26 Middle Eastern & African Power Factor Correction Regulations

Table 27 South American Power Factor Correction Regulations

Table 28 Power Factor Correction Market: Impact Of Porter’s Five Forces

Table 29 Influence Of Key Stakeholders On Buying Process For

Top 3 Applications (%)

Table 30 Key Buying Criteria For Top 3 Applications

Table 31 Power Factor Correction Market, By Reactive Power,

2021–2023 (Usd Million)

Table 32 Power Factor Correction Market, By Reactive Power,

2024–2030 (Usd Million)

Table 33 0–200 Kvar: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 34 0–200 Kvar: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 35 200–500 Kvar: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 36 200–500 Kvar: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 37 500–1,500 Kvar: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 38 500–1,500 Kvar: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 39 Above 1,500 Kvar: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 40 Above 1,500 Kvar: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 41 Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 42 Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 43 Automatic: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 44 Automatic: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 45 Fixed: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 46 Fixed: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 47 Power Factor Correction Market, By Sales Channel,

2021–2023 (Usd Million)

Table 48 Power Factor Correction Market, By Sales Channel,

2024–2030 (Usd Million)

Table 49 Distributors: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 50 Distributors: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 51 Oem Direct: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 52 Oem Direct: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 53 Power Factor Correction Market, By Application,

2021–2023 (Usd Million)

Table 54 Power Factor Correction Market, By Application,

2024–2030 (Usd Million)

Table 55 Industrial: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 56 Industrial: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 57 Industrial: Power Factor Correction Market, By End User,

2021–2023 (Usd Million)

Table 58 Industrial: Power Factor Correction Market, By End User,

2024–2030 (Usd Million)

Table 59 Renewable: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 60 Renewable: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 61 Renewable: Power Factor Correction Market, By Source,

2021–2023 (Usd Million)

Table 62 Renewable: Power Factor Correction Market, By Source,

2024–2030 (Usd Million)

Table 63 Commercial: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 64 Commercial: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 65 Data Center: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 66 Data Center: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 67 Ev Charging: Power Factor Correction Market, By Region,

2021–2023 (Usd Million)

Table 68 Ev Charging: Power Factor Correction Market, By Region,

2024–2030 (Usd Million)

Table 69 Power Factor Correction Market, By Region, 2021–2023 (Usd Million)

Table 70 Power Factor Correction Market, By Region, 2024–2030 (Usd Million)

Table 71 Power Factor Correction Market, By Region, 2021–2023 (Units)

Table 72 Power Factor Correction Market, By Region, 2024–2030 (Units)

Table 73 North America: Power Factor Correction Market, By Reactive Power, 2021–2023 (Usd Million)

Table 74 North America: Power Factor Correction Market, By Reactive Power, 2024–2030 (Usd Million)

Table 75 North America: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 76 North America: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 77 North America: Power Factor Correction Market, By Sales Channel, 2021–2023 (Usd Million)

Table 78 North America: Power Factor Correction Market, By Sales Channel, 2024–2030 (Usd Million)

Table 79 North America: Power Factor Correction Market, By Application,

2021–2023 (Usd Million)

Table 80 North America: Power Factor Correction Market, By Application,

2024–2030 (Usd Million)

Table 81 North America: Power Factor Correction Market For

Renewable Applications, By Source, 2021–2023 (Usd Million)

Table 82 North America: Power Factor Correction Market For

Renewable Applications, By Source, 2024–2030 (Usd Million)

Table 83 North America: Power Factor Correction Market For

Industrial Applications, By End User, 2021–2023 (Usd Million)

Table 84 North America: Power Factor Correction Market For

Industrial Applications, By End User, 2024–2030 (Usd Million)

Table 85 North America: Power Factor Correction Market, By Country,

2021–2023 (Usd Million)

Table 86 North America: Power Factor Correction Market, By Country,

2024–2030 (Usd Million)

Table 87 Us: Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 88 Us: Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 89 Canada: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 90 Canada: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 91 Mexico: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 92 Mexico: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 93 Asia Pacific: Power Factor Correction Market, By Reactive Power, 2021–2023 (Usd Million)

Table 94 Asia Pacific: Power Factor Correction Market, By Reactive Power, 2024–2030 (Usd Million)

Table 95 Asia Pacific: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 96 Asia Pacific: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 97 Asia Pacific: Power Factor Correction Market, By Sales Channel,

2021–2023 (Usd Million)

Table 98 Asia Pacific: Power Factor Correction Market, By Sales Channel,

2024–2030 (Usd Million)

Table 99 Asia Pacific: Power Factor Correction Market, By Application,

2021–2023 (Usd Million)

Table 100 Asia Pacific: Power Factor Correction Market, By Application,

2024–2030 (Usd Million)

Table 101 Asia Pacific: Power Factor Correction Market For Renewable Applications, By Source, 2021–2023 (Usd Million)

Table 102 Asia Pacific: Power Factor Correction Market For Renewable Applications, By Source, 2024–2030 (Usd Million)

Table 103 Asia Pacific: Power Factor Correction Market For Industrial Applications, By End User, 2021–2023 (Usd Million)

Table 104 Asia Pacific: Power Factor Correction Market For Industrial Applications, By End User, 2024–2030 (Usd Million)

Table 105 Asia Pacific: Power Factor Correction Market, By Country,

2021–2023 (Usd Million)

Table 106 Asia Pacific: Power Factor Correction Market, By Country,

2024–2030 (Usd Million)

Table 107 China: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 108 China: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 109 Japan: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 110 Japan: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 111 South Korea: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 112 South Korea: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 113 India: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 114 India: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 115 Australia: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 116 Australia: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 117 Rest Of Asia Pacific: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 118 Rest Of Asia Pacific: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 119 Europe: Power Factor Correction Market, By Reactive Power,

2021–2023 (Usd Million)

Table 120 Europe: Power Factor Correction Market, By Reactive Power,

2024–2030 (Usd Million)

Table 121 Europe: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 122 Europe: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 123 Europe: Power Factor Correction Market, By Sales Channel,

2021–2023 (Usd Million)

Table 124 Europe: Power Factor Correction Market, By Sales Channel,

2024–2030 (Usd Million)

Table 125 Europe: Power Factor Correction Market, By Application,

2021–2023 (Usd Million)

Table 126 Europe: Power Factor Correction Market, By Application,

2024–2030 (Usd Million)

Table 127 Europe: Power Factor Correction Market For Renewable Applications, By Source, 2021–2023 (Usd Million)

Table 128 Europe: Power Factor Correction Market For Renewable Applications, By Source, 2024–2030 (Usd Million)

Table 129 Europe: Power Factor Correction Market For Industrial Applications, By End User, 2021–2023 (Usd Million)

Table 130 Europe: Power Factor Correction Market For Industrial Applications, By End User, 2024–2030 (Usd Million)

Table 131 Europe: Power Factor Correction Market, By Country,

2021–2023 (Usd Million)

Table 132 Europe: Power Factor Correction Market, By Country,

2024–2030 (Usd Million)

Table 133 Germany: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 134 Germany: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 135 Uk: Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 136 Uk: Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 137 France: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 138 France: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 139 Italy: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 140 Italy: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 141 Russia: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 142 Russia: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 143 Rest Of Europe: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 144 Rest Of Europe: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 145 Middle East & Africa: Power Factor Correction Market,

By Reactive Power, 2021–2023 (Usd Million)

Table 146 Middle East & Africa: Power Factor Correction Market,

By Reactive Power, 2024–2030 (Usd Million)

Table 147 Middle East & Africa: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 148 Middle East & Africa: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 149 Middle East & Africa: Power Factor Correction Market, By Sales Channel, 2021–2023 (Usd Million)

Table 150 Middle East & Africa: Power Factor Correction Market, By Sales Channel, 2024–2030 (Usd Million)

Table 151 Middle East & Africa: Power Factor Correction Market, By Application, 2021–2023 (Usd Million)

Table 152 Middle East & Africa: Power Factor Correction Market, By Application, 2024–2030 (Usd Million)

Table 153 Middle East & Africa: Power Factor Correction Market For

Renewable Applications, By Source, 2021–2023 (Usd Million)

Table 154 Middle East & Africa: Power Factor Correction Market For

Renewable Applications, By Source, 2024–2030 (Usd Million)

Table 155 Middle East & Africa: Power Factor Correction Market For

Industrial Applications, By End User, 2021–2023 (Usd Million)

Table 156 Middle East & Africa: Power Factor Correction Market For

Industrial Applications, By End User, 2024–2030 (Usd Million)

Table 157 Middle East & Africa: Power Factor Correction Market, By Country, 2021–2023 (Usd Million)

Table 158 Middle East & Africa: Power Factor Correction Market, By Country, 2024–2030 (Usd Million)

Table 159 Gcc: Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 160 Gcc: Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 161 Gcc: Power Factor Correction Market, By Country,

2021–2023 (Usd Million)

Table 162 Gcc: Power Factor Correction Market, By Country,

2024–2030 (Usd Million)

Table 163 Saudi Arabia: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 164 Saudi Arabia: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 165 Uae: Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 166 Uae: Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 167 Rest Of Gcc: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 168 Rest Of Gcc: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 169 South Africa: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 170 South Africa: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 171 Rest Of Middle East & Africa: Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 172 Rest Of Middle East & Africa: Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 173 South America: Power Factor Correction Market, By Reactive Power, 2021–2023 (Usd Million)

Table 174 South America: Power Factor Correction Market, By Reactive Power, 2024–2030 (Usd Million)

Table 175 South America: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 176 South America: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 177 South America: Power Factor Correction Market, By Sales Channel, 2021–2023 (Usd Million)

Table 178 South America: Power Factor Correction Market, By Sales Channel, 2024–2030 (Usd Million)

Table 179 South America: Power Factor Correction Market, By Application,

2021–2023 (Usd Million)

Table 180 South America: Power Factor Correction Market, By Application,

2024–2030 (Usd Million)

Table 181 South America: Power Factor Correction Market For

Renewable Applications, By Source, 2021–2023 (Usd Million)

Table 182 South America: Power Factor Correction Market For

Renewable Applications, By Source, 2024–2030 (Usd Million)

Table 183 South America: Power Factor Correction Market For

Industrial Applications, By End User, 2021–2023 (Usd Million)

Table 184 South America: Power Factor Correction Market For

Industrial Applications, By End User, 2024–2030 (Usd Million)

Table 185 South America: Power Factor Correction Market, By Country,

2021–2023 (Usd Million)

Table 186 South America: Power Factor Correction Market, By Country,

2024–2030 (Usd Million)

Table 187 Brazil: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 188 Brazil: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 189 Argentina: Power Factor Correction Market, By Type,

2021–2023 (Usd Million)

Table 190 Argentina: Power Factor Correction Market, By Type,

2024–2030 (Usd Million)

Table 191 Rest Of South America: Power Factor Correction Market, By Type, 2021–2023 (Usd Million)

Table 192 Rest Of South America: Power Factor Correction Market, By Type, 2024–2030 (Usd Million)

Table 193 Power Factor Correction Market: Overview Of

Key Strategies Adopted By Major Players, January 2020–august 2024

Table 194 Power Factor Correction Market: Degree Of Competition, 2023

Table 195 Power Factor Correction Market: Reactive Power Footprint

Table 196 Power Factor Correction Market: Application Footprint

Table 197 Power Factor Correction Market: Type Footprint

Table 198 Power Factor Correction Market: Region Footprint

Table 199 Power Factor Correction Market: List Of Key Startups/Smes

Table 200 Power Factor Correction Market: Competitive Benchmarking Of

Key Startups/Smes

Table 201 Power Factor Correction Market: Product Launches, January

2020–august 2024

Table 202 Power Factor Correction Market: Other Developments, January

2020–august 2024

Table 203 Schnieder Electric: Company Overview

Table 204 Schnieder Electric: Products Offered

Table 205 Schneider Electric: Developments

Table 206 Eaton: Company Overview

Table 207 Eaton: Products Offered

Table 208 Eaton: Developments

Table 209 Ge Vernova: Company Overview

Table 210 Ge Vernova: Products Offered

Table 211 Ge Vernova: Deals

Table 212 Abb: Company Overview

Table 213 Abb: Products Offered

Table 214 Hitachi Energy Ltd.: Company Overview

Table 215 Hitachi Energy Ltd.: Products Offered

Table 216 Hitachi Energy: Developments

Table 217 Gentec: Company Overview

Table 218 Gentec: Products Offered

Table 219 Gentec: Developments

Table 220 Tci, Llc: Company Overview

Table 221 Tci, Llc: Products Offered

Table 222 Powerside: Company Overview

Table 223 Powerside: Products Offered

Table 224 Cos Phi: Company Overview

Table 225 Cos Phi: Products Offered

Table 226 Controllix Corporation: Company Overview

Table 227 Controllix Corporation: Products Offered

Table 228 Circutor: Company Overview

Table 229 Circutor: Products Offered

Table 230 Neptune India Limited: Company Overview

Table 231 Neptune India Limited: Products Offered

Table 232 Enerlux Power S.R.L.: Company Overview

Table 233 Enerlux Power S.R.L.: Products Offered

Table 234 Lifasa: Company Overview

Table 235 Lifasa: Products Offered

Table 236 Lifasa: Developments

Table 237 Ducati Energia Spa: Company Overview

Table 238 Ducati Energia Spa: Products Offered

Table 239 Ortea Spa: Company Overview

Table 240 Ortea Spa: Products Offered

Table 241 Rtr Energia Srl: Company Overview

Table 242 Rtr Energia Srl: Products Offered

Table 243 Powercap Capacitors Pvt. Ltd.: Company Overview

Table 244 Powercap Capacitors Pvt. Ltd.: Products Offered

Table 245 Zez Silko, S.R.O.: Company Overview

Table 246 Zez Silko, S.R.O.: Products Offered

Table 247 Treffer: Company Overview

Table 248 Treffer: Products Offered

Figures List

Figure 1 Power Factor Correction Market Segmentation And Regional Scope

Figure 2 Power Factor Correction Market: Research Design

Figure 3 Data Triangulation

Figure 4 Power Factor Correction Market: Bottom-up Approach

Figure 5 Power Factor Correction Market: Top-down Approach

Figure 6 Key Steps Considered To Assess Supply Of

Power Factor Correction Systems

Figure 7 Power Factor Correction Market: Supply-side Analysis

Figure 8 Asia Pacific Dominated Power Factor Correction Market In 2023

Figure 9 Distributors Segment To Account For Larger Market Share In 2024

Figure 10 Automatic Segment To Capture Larger Market Share In 2030

Figure 11 Industrial Segment To Dominate Market In 2024

Figure 12 0–200 Kvar Segment To Hold Majority Of Market Share

Throughout Forecast Period

Figure 13 Increasing Demand For Energy Efficiency Across Industrial

Sector To Drive Market

Figure 14 North America To Exhibit Highest Cagr During Forecast Period

Figure 15 Distributors And Automatic Segments Held Largest Market Share

In 2023

Figure 16 Distributors Segment To Capture Larger Market Share In 2030

Figure 17 Automatic Segment To Dominate Market In 2030

Figure 18 0–200 Kvar Segment To Hold Largest Market Share In 2030

Figure 19 Industrial Segment To Lead Market In 2030

Figure 20 Power Factor Correction Market: Drivers, Restraints,

Opportunities, And Challenges

Figure 21 Global Energy Investments In Clean Energy And Fossil Fuels,

2015–2023

Figure 22 Worldwide Annual Investment In Energy Efficiency By Companies In Industrial Sector, 2015–2020

Figure 23 Investments In Power Grid Infrastructure Development, 2015–2022

Figure 24 Publicly Available Ev Charging Points In Us, Fast Vs. Slow, 2015–2023

Figure 25 Trends/Disruptions Influencing Customer Business

Figure 26 Power Factor Correction Market: Value Chain Analysis

Figure 27 Power Factor Correction Market: Ecosystem Analysis

Figure 28 Funding Scenario For Top Players

Figure 29 Impact Of Ai/Generative Ai On Power Factor Correction Supply Chain

Figure 30 Power Factor Correction Market: Patents Applied And Granted,

2014–2023

Figure 31 Export Data For Hs Code 8532-compliant Products For Top 5 Countries, 2019–2023

Figure 32 Import Data For Hs Code 8532-compliant Products For Top 5 Countries, 2019–2023

Figure 33 Indicative Pricing Trend, By Reactive Power, 2021–2023

Figure 34 Average Selling Price Trend Of Power Factor Correction System,

By Region, 2021–2023

Figure 35 Power Factor Correction Market: Porter’s Five Forces Analysis

Figure 36 Influence Of Key Stakeholders On Buying Process For

Top 3 Applications

Figure 37 Influence Of Stakeholders On Buying Process For Top 3 Applications

Figure 38 Power Factor Correction Market Share, In Terms Of Value,

By Reactive Power, 2023

Figure 39 Power Factor Correction Market Share, In Terms Of Value, By Type, 2023

Figure 40 Power Factor Correction Market Share, In Terms Of Value,

By Sales Channel, 2023

Figure 41 Power Factor Correction Market Share, In Terms Of Value,

By Application, 2023

Figure 42 Power Factor Correction Market In North America To Grow

At Fastest Rate During Forecast Period

Figure 43 Power Factor Correction Market, By Region, 2023

Figure 44 North America: Market Snapshot

Figure 45 Asia Pacific: Market Snapshot

Figure 46 Power Factor Correction Market Share Analysis, 2023

Figure 47 Power Factor Correction Market: Revenue Analysis Of

Three Key Players, 2019–2023

Figure 48 Brand Comparison

Figure 49 Company Valuation

Figure 50 Financial Metrics

Figure 51 Power Factor Correction Market: Company Evaluation Matrix (Key Players), 2023

Figure 52 Power Factor Correction Market: Company Footprint

Figure 53 Power Factor Correction Market: Company Evaluation Matrix (Startups/Smes), 2023

Figure 54 Schnieder Electric: Company Snapshot

Figure 55 Eaton: Company Snapshot

Figure 56 Ge Vernova: Company Snapshot

Figure 57 Abb: Company Snapshot

Figure 58 Hitachi Energy Ltd.: Company Snapshot