Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare
Free Samples
Electricity Infrastructure

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1582710

Cover Image

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1582710

Power Quality Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

PUBLISHED:
PAGES: 258 Pages
DELIVERY TIME: 2-5 business days
REQUEST FREE SAMPLE
REQUEST CUSTOMIZATION
SELECT AN OPTION
Unprintable PDF & Excel (Single User License)
USD 4995
PDF & Excel (Multi User License)
USD 7295
PDF & Excel (Corporate User License)
USD 8495

Add to Cart

Description

Table of Contents

Persistence Market Research has recently published an extensive report on the global Power Quality Equipment market. This report provides a comprehensive analysis of market dynamics, encompassing growth drivers, prevailing trends, opportunities, and challenges. The report offers detailed insights into the market structure and the factors shaping its growth trajectory.

Key Insights:

  • Power Quality Equipment Market Size (2024E): USD 34261.5 Mn
  • Projected Market Value (2031F): USD 55183.9 Mn
  • Global Market Growth Rate (CAGR 2024 to 2031): 6.70%

Power Quality Equipment Market - Report Scope:

Power quality equipment is essential for maintaining the efficiency and safety of electrical systems, especially in commercial, industrial, and utility sectors. This market caters to businesses and facilities that rely on stable and clean power to operate critical machinery and electronic devices. The demand for power quality equipment is largely driven by increasing reliance on sensitive electronic devices, surges in industrial automation, and the growing need to protect critical infrastructure from power disturbances.

Market Growth Drivers:

The global Power Quality Equipment market benefits from various growth drivers, including the rapid rise in industrial automation, which amplifies the need for stable power supplies. With an increasing number of devices operating on electricity, power disturbances can lead to significant economic losses. The rise in renewable energy integration also necessitates equipment that can manage power fluctuations, supporting the adoption of power quality solutions. Additionally, stricter government regulations and standards related to energy efficiency have accelerated the deployment of power quality equipment.

Market Restraints:

While the Power Quality Equipment market shows promising growth, it faces challenges such as high initial investment costs and limited awareness about the importance of power quality among small and medium-sized enterprises. The market also encounters technical challenges in regions with insufficient grid infrastructure, which can hinder equipment performance. The presence of cheaper, less efficient alternatives further restrains the adoption of high-quality power equipment. Addressing these challenges requires increased awareness, technological advancements, and cost reduction strategies.

Market Opportunities:

The Power Quality Equipment market offers numerous opportunities driven by advancements in smart grid technology, increasing deployment of renewable energy sources, and the expansion of the industrial and commercial sectors. The development of cost-effective power quality solutions and the growing demand for power monitoring and diagnostic tools provide a favorable outlook for the market. Strategic investments in product innovation and the growing emphasis on digital solutions for real-time monitoring are essential for capitalizing on these opportunities.

Key Questions Answered in the Report:

  • What are the key factors driving the growth of the Power Quality Equipment market globally?
  • Which end-user sectors are leading the adoption of power quality solutions?
  • How is the integration of renewable energy sources influencing the demand for power quality equipment?
  • Who are the prominent players in the Power Quality Equipment market, and what strategies are they using to maintain a competitive edge?
  • What are the emerging trends and future growth prospects in the global Power Quality Equipment market?

Competitive Intelligence and Business Strategy:

Leading companies in the global Power Quality Equipment market, such as Schneider Electric, Siemens AG, and ABB Ltd., are focusing on innovation, product differentiation, and strategic partnerships to maintain their competitive advantage. These companies are investing heavily in R&D to develop advanced solutions that cater to specific industry requirements. Collaborations with technology firms, industrial operators, and energy providers facilitate market access and foster new product development. Emphasis on sustainability, quality, and digital integration bolsters market expansion and strengthens consumer confidence in power quality solutions.

Key Companies Profiled:

  • 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.

Power Quality Equipment Market Segmentation:

By Product Type

  • Power Conditioning Equipment
  • Harmonic Filters
  • UPS (Uninterruptible Power Supply)
  • SPD (Surge Protection Device)
  • DC Power Supply
  • Motor-Generator Set
  • Others
  • Power Quality Testing and Measuring Equipment

By End User

  • Telecommunications
  • Electrical & Electronics
  • Automotive & Industrial
  • Energy & Utilities
  • Others

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excl. Japan
  • Japan
  • MEA
Show more
Product Code: PMRREP14662

Table of Contents

1. Executive Summary

2. Power Quality Equipment Market Overview

  • 2.1. Introduction
    • 2.1.1. Power Quality Equipment Market Definition
    • 2.1.2. Power Quality Equipment Market Taxonomy
    • 2.1.3. Market Overview
  • 2.2. Power Quality Equipment Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Opportunity
    • 2.2.2. Supply Chain
  • 2.3. Power Equipment Market Scenario (2015A)

3. Global Power Quality Equipment Market Forecast

  • 3.1. Market Value and Volume Forecast
    • 3.1.1. Y-o-Y Growth Projections
    • 3.1.2. Absolute $ Opportunity
  • 3.2. Power Quality Equipment Market Trends
  • 3.3. Regional Average Pricing Analysis
  • 3.4. Global Power Quality Equipment Market Snapshot (2015)
    • 3.4.1. Market Share, By Region
    • 3.4.2. Market Share, By Product Type
    • 3.4.3. Market Share, By End-use Industry

4. Global Power Quality Equipment Market Analysis, By Product Type

  • 4.1. Segment Definition
  • 4.2. Introduction
    • 4.2.1. Y-o-Y Growth Comparison, By Product Type
    • 4.2.2. Market Share & Basis Point (BPS) Analysis, By Product Type
  • 4.3. Market Forecast, By Product Type
    • 4.3.1. Power Conditioning Equipment
      • 4.3.1.1. Harmonic Filters
      • 4.3.1.2. UPS (Uninterruptible Power Supply)
      • 4.3.1.3. SPD (Surge Protection Device)
      • 4.3.1.4. DC Power Supply
      • 4.3.1.5. Motor-Generator Set
      • 4.3.1.4. Others
        • 4.3.1.1.1. Absolute $ Opportunity
        • 4.3.1.1.2. Market Value and Volume Forecast
    • 4.3.2. Power Quality Testing and Measurement Equipment
      • 4.3.2.1. Absolute $ Opportunity
      • 4.3.2.2. Market Value and Volume Forecast
  • 4.4. Market Attractiveness Analysis, By Product Type

5. Global Power Quality Equipment Market Analysis, By End-use Industry

  • 5.1. Segment Definition
  • 5.2. Introduction
    • 5.2.1. Y-o-Y Growth Comparison, By End-use Industry
    • 5.2.2. Market Share & Basis Point (BPS) Analysis, By End-use Industry
  • 5.3. Market Forecast, By End-use Industry
    • 5.3.1. Telecommunications
      • 5.3.1.1. Absolute $ Opportunity
      • 5.3.1.2. Market Value and Volume Forecast
    • 5.3.2. Electrical & Electronics
      • 5.3.2.1. Absolute $ Opportunity
      • 5.3.2.2. Market Value and Volume Forecast
    • 5.3.3. Automotive & Industrial
      • 5.3.3.1. Absolute $ Opportunity
      • 5.3.3.2. Market Value and Volume Forecast
    • 5.3.3. Energy & Utilities
      • 5.3.3.1. Absolute $ Opportunity
      • 5.3.3.2. Market Value and Volume Forecast
    • 5.3.4. Others
      • 5.3.4.1. Absolute $ Opportunity
      • 5.3.4.2. Market Value and Volume Forecast

6. Global Power Quality Equipment Market Analysis, By Region

  • 6.1. Introduction
    • 6.1.1. Y-o-Y Growth Projections, By Region
    • 6.1.2. Market Share & Basis Point (BPS) Analysis, By Region
  • 6.2. Market Forecast, By Region
    • 6.2.1. North America Market Value and Volume Forecast
    • 6.2.2. Latin America Market Value and Volume Forecast
    • 6.2.3. Western Europe Market Value and Volume Forecast
    • 6.2.4. Eastern Europe Market Value and Volume Forecast
    • 6.2.5. APEJ Market Value and Volume Forecast
    • 6.2.6. Japan Market Value and Volume Forecast
    • 6.2.7. MEA Market Value and Volume Forecast
  • 6.3. Regional Attractiveness Analysis

7. North America Power Quality Equipment Market Analysis

  • 7.1. Introduction
    • 7.1.1. Y-o-Y Growth Projections, By Country
    • 7.1.2. Market Share & Basis Point (BPS) Analysis, By Country
    • 7.1.3. Market Attractive Analysis, By Country
  • 7.2. Key Regulations
  • 7.3. North America Market Forecast
    • 7.3.1. Market Value and Volume Forecast, By Country
      • 7.3.1.1. U.S. Absolute $ Opportunity
      • 7.3.1.2. Canada Absolute $ Opportunity
    • 7.3.2. Market Value and Volume Forecast, By Product Type
      • 7.3.2.1. Power Conditioning Equipment
        • 7.3.2.1.1. Harmonic Filters
        • 7.3.2.1.2. UPS
        • 7.3.2.1.3. SPD
        • 7.3.2.1.4. DC Power Supply
        • 7.3.2.1.5. Motor-Generator Set
        • 7.3.2.1.1. Others
      • 7.3.2.2. Power Quality Testing & Measurement Equipment
    • 7.3.3. Market Value and Volume Forecast, By End-use Industry
      • 7.3.3.1. Telecommunications
      • 7.3.3.2. Electrical & Electronics
      • 7.3.3.3. Automotive & Industrial
      • 7.3.3.4. Energy & Utilities
      • 7.3.3.5. Others
  • 7.4. Market Attractiveness Analysis
    • 7.4.1. By Product Type
    • 7.4.2. By End-use Industry
    • 7.4.3. By Country
  • 7.5. Drivers & Restraints: Impact Analysis
  • 7.6. Prominent Trends

8. Latin America Power Quality Equipment Market Analysis

  • 8.1. Introduction
    • 8.1.1. Y-o-Y Growth Projections, By Country
    • 8.1.2. Market Share & Basis Point (BPS) Analysis, By Country
    • 8.1.3. Market Attractive Analysis, By Country
  • 8.2. Latin America Market Forecast
    • 8.2.1. Market Value and Volume Forecast, By Country
      • 8.2.1.1. Brazil Absolute $ Opportunity
      • 8.2.1.2. Mexico Absolute $ Opportunity
      • 8.2.1.3. Argentina Absolute $ Opportunity
      • 8.2.1.4. Rest of Latin America Absolute $ Opportunity
    • 8.3.2. Market Value and Volume Forecast, By Product Type
      • 8.3.2.1. Power Conditioning Equipment
        • 8.3.2.1.1. Harmonic Filters
        • 8.3.2.1.2. UPS
        • 8.3.2.1.3. SPD
        • 8.3.2.1.4. DC Power Supply
        • 8.3.2.1.5. Motor-Generator Set
        • 8.3.2.1.1. Others
      • 8.3.2.2. Power Quality Testing & Measurement Equipment
    • 8.3.3. Market Value and Volume Forecast, By End-use Industry
      • 8.3.3.1. Telecommunications
      • 8.3.3.2. Electrical & Electronics
      • 8.3.3.3. Automotive & Industrial
      • 8.3.3.4. Energy & Utilities
      • 8.3.3.5. Others
  • 8.4. Market Attractiveness Analysis
    • 8.4.1. By Product Type
    • 8.4.2. By End-use Industry
    • 8.4.3. By Country
  • 8.5. Drivers & Restraints: Impact Analysis
  • 8.6. Prominent Trends

9. Western Europe Power Quality Equipment Market Analysis

  • 9.1. Introduction
    • 9.1.1. Y-o-Y Growth Projections, By Country
    • 9.1.2. Market Share & Basis Point (BPS) Analysis, By Country
    • 9.1.3. Market Attractiveness Analysis, By Country
  • 9.2. Key Regulations
  • 9.3. Western Europe Market Forecast
    • 9.3.1. Market Value and Volume Forecast, By Country
      • 9.3.1.1. Germany Absolute $ Opportunity
      • 9.3.1.2. France Absolute $ Opportunity
      • 9.3.1.3. Spain Absolute $ Opportunity
      • 9.3.1.4. Italy Absolute $ Opportunity
      • 9.3.1.5. U.K. Absolute $ Opportunity
      • 9.3.1.6. Benelux Absolute $ Opportunity
      • 9.3.1.7. Rest of Western Europe Absolute $ Opportunity
    • 9.3.2. Market Value and Volume Forecast, By Product Type
      • 9.3.2.1. Power Conditioning Equipment
        • 9.3.2.1.1. Harmonic Filters
        • 9.3.2.1.2. UPS
        • 9.3.2.1.3. SPD
        • 9.3.2.1.4. DC Power Supply
        • 9.3.2.1.5. Motor-Generator Set
        • 9.3.2.1.1. Others
      • 9.3.2.2. Power Quality Testing & Measurement Equipment
    • 9.3.3. Market Value and Volume Forecast, By End-use Industry
      • 9.3.3.1. Telecommunications
      • 9.3.3.2. Electrical & Electronics
      • 9.3.3.3. Automotive & Industrial
      • 9.3.3.4. Energy & Utilities
      • 9.3.3.5. Others
  • 9.4. Market Attractiveness Analysis
    • 9.4.1. By Product Type
    • 9.4.2. By End-use Industry
    • 9.4.3. By Country
  • 9.5. Drivers & Restraints: Impact Analysis
  • 9.6. Prominent Trends

10. Eastern Europe Power Quality Equipment Market Analysis

  • 10.1. Introduction
    • 10.1.1. Y-o-Y Growth Projections, By Country
    • 10.1.2. Market Share & Basis Point (BPS) Analysis, By Country
    • 10.1.3. Market Attractiveness Analysis, By Country
  • 10.2. Key Regulations
  • 10.3. Eastern Europe Market Forecast
    • 10.3.1. Market Value and Volume Forecast, By Country
      • 10.3.1.1. Russia Absolute $ Opportunity
      • 10.3.1.2. Poland Absolute $ Opportunity
      • 10.3.1.3. Rest of Eastern Europe Absolute $ Opportunity
    • 10.3.2. Market Value and Volume Forecast, By Product Type
      • 10.3.2.1. Power Conditioning Equipment
        • 10.3.2.1.1. Harmonic Filters
        • 10.3.2.1.2. UPS
        • 10.3.2.1.3. SPD
        • 10.3.2.1.4. DC Power Supply
        • 10.3.2.1.5. Motor-Generator Set
        • 10.3.2.1.1. Others
      • 10.3.2.2. Power Quality Testing & Measurement Equipment
    • 10.3.3. Market Value and Volume Forecast, By End-use Industry
      • 10.3.3.1. Telecommunications
      • 10.3.3.2. Electrical & Electronics
      • 10.3.3.3. Automotive & Industrial
      • 10.3.3.4. Energy & Utilities
      • 10.3.3.5. Others
  • 10.4. Market Attractiveness Analysis
    • 10.4.1. By Product Type
    • 10.4.2. By End-use Industry
    • 10.4.3. By Country
  • 10.5. Drivers & Restraints: Impact Analysis
  • 10.6. Prominent Trends

11. APEJ Power Quality Equipment Market Analysis

  • 11.1. Introduction
    • 11.1.1. Y-o-Y Growth Projections, By Country
    • 11.1.2. Market Share & Basis Point (BPS) Analysis, By Country
    • 11.1.3. Market Attractiveness Analysis, By Country
  • 11.2. Key Regulations
  • 11.3. APEJ Market Forecast
    • 11.3.1. Market Value and Volume Forecast, By Country
      • 11.3.1.1. China Absolute $ Opportunity
      • 11.3.1.2. India Absolute $ Opportunity
      • 11.3.1.3. ASEAN Absolute $ Opportunity
      • 11.3.1.4. Australia & New Zealand Absolute $ Opportunity
      • 11.3.1.5. Rest of APEJ Absolute $ Opportunity
    • 11.3.2. Market Value and Volume Forecast, By Product Type
      • 11.3.2.1. Power Conditioning Equipment
        • 11.3.2.1.1. Harmonic Filters
        • 11.3.2.1.2. UPS
        • 11.3.2.1.3. SPD
        • 11.3.2.1.4. DC Power Supply
        • 11.3.2.1.5. Motor-Generator Set
        • 11.3.2.1.1. Others
      • 11.3.2.2. Power Quality Testing & Measurement Equipment
    • 11.3.3. Market Value and Volume Forecast, By End-use Industry
      • 11.3.3.1. Telecommunications
      • 11.3.3.2. Electrical & Electronics
      • 11.3.3.3. Automotive & Industrial
      • 11.3.3.4. Energy & Utilities
      • 11.3.3.5. Others
  • 11.4. Market Attractiveness Analysis
    • 11.4.1. By Product Type
    • 11.4.2. By End-use Industry
    • 11.4.3. By Country
  • 11.5. Drivers & Restraints: Impact Analysis
  • 11.6. Prominent Trends

12. Japan Power Quality Equipment Market Analysis

  • 12.1. Introduction
  • 12.2. Key Regulations
  • 12.3. Japan Market Forecast
    • 12.3.1. Market Value and Volume Forecast, By Product Type
      • 12.3.1.1. Power Conditioning Equipment
        • 12.3.1.1.1. Harmonic Filters
        • 12.3.1.1.2. UPS
        • 12.3.1.1.3. SPD
        • 12.3.1.1.4. DC Power Supply
        • 12.3.1.1.5. Motor-Generator Set
        • 12.3.1.1.1. Others
      • 12.3.2.2. Power Quality Testing & Measurement Equipment
    • 12.3.2. Market Value and Volume Forecast, By End-use Industry
      • 12.3.2.1. Telecommunications
      • 12.3.2.2. Electrical & Electronics
      • 12.3.2.3. Automotive & Industrial
      • 12.3.2.4. Energy & Utilities
      • 12.3.2.5. Others
  • 12.4. Market Attractiveness Analysis
    • 12.4.1. By Product Type
    • 12.4.2. By End-use Industry
  • 12.5. Drivers & Restraints: Impact Analysis
  • 12.6. Prominent Trends

13. MEA Power Quality Equipment Market Analysis

  • 13.1. Introduction
    • 13.1.1. Y-o-Y Growth Projections, By Country
    • 13.1.2. Market Share & Basis Point (BPS) Analysis, By Country
    • 13.1.3. Market Attractive Analysis, By Country
  • 13.2. Key Regulations
  • 13.3. MEA Market Forecast
    • 13.3.1. Market Value and Volume Forecast, By Country
      • 13.3.1.1. GCC Countries Absolute $ Opportunity
      • 13.3.1.2. North Africa Absolute $ Opportunity
      • 13.3.1.3. South Africa Absolute $ Opportunity
      • 13.3.1.4. Rest of MEA Absolute $ Opportunity
    • 13.3.2. Market Value and Volume Forecast, By Product Type
      • 13.3.2.1. Power Conditioning Equipment
        • 13.3.2.1.1. Harmonic Filters
        • 13.3.2.1.2. UPS
        • 13.3.2.1.3. SPD
        • 13.3.2.1.4. DC Power Supply
        • 13.3.2.1.5. Motor-Generator Set
        • 13.3.2.1.1. Others
      • 13.3.2.2. Power Quality Testing & Measurement Equipment
    • 13.3.3. Market Value and Volume Forecast, By End-use Industry
      • 13.3.3.1. Telecommunications
      • 13.3.3.2. Electrical & Electronics
      • 13.3.3.3. Automotive & Industrial
      • 13.3.3.4. Energy & Utilities
      • 13.3.3.5. Others
  • 13.4. Market Attractiveness Analysis
    • 13.4.1. By Product Type
    • 13.4.2. By End-use Industry
    • 13.4.3. By Country
  • 13.5. Drivers & Restraints: Impact Analysis
  • 13.6. Prominent Trends

14. Competition Landscape

  • 14.1. Competition Dashboard
  • 14.2. Market Share Analysis By Company (2023)
  • 14.3. Company Profiles (Revenue, Employee Strength, Key Developments, SWOT Analysis)
    • 14.3.1. ABB Ltd.
    • 14.3.2. Mitsubishi Electric Corporation
    • 14.3.3. Eaton Corporation PLC
    • 14.3.4. Schneider Electric SE
    • 14.3.5. Toshiba International Corporation
    • 14.3.6. National Instruments Corporation
    • 14.3.7. Celestica Inc.
    • 14.3.8. EMCO Limited
    • 14.3.9. Delta Electronics, Inc.
    • 14.3.10. AMETEK Inc.
    • 14.3.11. Hubbell Incorporated
    • 14.3.12. Fluke Corporation
    • 14.3.13. Cordyne, Inc.
    • 14.3.14. Advanced Protection Technologies, Inc.
    • 14.3.15. LEA International
    • 14.3.16. Kyoritsu Electrical Instruments Works, Ltd.
    • 14.3.17. Unipower AB
    • 14.3.18. Cyber Power Systems, Inc.

15. Assumptions and Acronyms

16. Research Methodology

Show more
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Contact Us +1-866-353-3335
Hi, how can we help?
Contact us!