Power Quality Equipment Market By Equipment, By Phase, By End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

List of Tables

The global power quality equipment market was valued at $28.5 billion in 2021, and is projected to reach $49.6 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.

The power supply system can only control the quality of the voltage; it has no control over the currents that particular loads might draw. Therefore, the standards in the power quality are related to maintaining the supply voltage within certain limits. In order to regulate, provide, and maintain consistent power quality, power quality equipment is widely used in the residential and commercial sectors. In addition, it is used to maintain a constant voltage supply and minimize the need for various devices in a system. Power quality equipment has several advantages, including preventing early ageing of equipment, improving efficiency, preventing damages, and preventing data loss. In addition, harmonic filters, isolation transformers, power quality meters, and compensators are some of the most often utilized pieces of power quality equipment.

Rise in demand for cleaner and alternative forms of energy due to rapid urbanization and industrialization is expected to drive the growth of the market during the forecast period. In addition, the development and upgradation of existing grid infrastructure across North America, and Asia-Pacific is anticipated to fuel the growth of the market during the analyzed time frame. However, rise in cost of raw materials used in the production of power quality equipment is projected to hamper the growth of the market in the coming years. On the contrary, rise in investment in manufacturing and processing sectors, the rapid growth of the renewable energy sector, and others are anticipated to create opportunity for key players operating in the power quality equipment market globally.

For the purpose of analysis, the global power quality equipment market is segmented into equipment, phase, end user, and region. The study highlights various power quality equipment available in the market such as UPS, harmonic filters, surge protection devices, voltage regulators, and static VAR compensators. On the basis of phase, the report includes revenue generated through three phase and single phase. The key end users of power quality equipment are residential, commercial, and industrial. Moreover, it analyzes the current market trends of power quality equipment across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.

Key players operating in the global power quality equipment market are ABB, Ltd., Ametek Inc., Acumentrics, Inc., Eaton Corporation, Emerson Electric Co. General Electric, Honeywell International Inc, Infinite Electronics International, Inc., Legrand, Leviton Manufacturing Co., Inc., MTE Meter Test Equipment AG, Piller Power Systems, Schneider Electric, Smiths Group plc., and Toshiba Corporation.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the power quality equipment market analysis from 2021 to 2031 to identify the prevailing power quality equipment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the power quality equipment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global power quality equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By End User

Residential
Commercial
Industrial

By Equipment

Harmonic Filters
Surge Protection Devices
Voltage Regulators
Static VAR compensators
Others
UPS

By Phase

Single Phase
Three Phase

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- Rest of LAMEA
Key Market Players
- ABB Ltd
- AMETEK Inc
- EATON CORPORATION PLC,
- Emerson Electric Co
- General Electric
- Honeywell International Inc.
- Legrand
- Leviton Manufacturing Co.
- MTE Meter Test Equipment AG
- Piller Power Systems

Product Code: A15551

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: POWER QUALITY EQUIPMENT MARKET, BY EQUIPMENT

4.1 Overview
- 4.1.1 Market size and forecast
4.2 UPS
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Harmonic Filters
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
4.4 Surge Protection Devices
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
4.5 Voltage Regulators
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
4.6 Static VAR compensators
- 4.6.1 Key market trends, growth factors and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market analysis by country
4.7 Others
- 4.7.1 Key market trends, growth factors and opportunities
- 4.7.2 Market size and forecast, by region
- 4.7.3 Market analysis by country

CHAPTER 5: POWER QUALITY EQUIPMENT MARKET, BY PHASE

5.1 Overview
- 5.1.1 Market size and forecast
5.2 Single Phase
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Three Phase
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country

CHAPTER 6: POWER QUALITY EQUIPMENT MARKET, BY END USER

6.1 Overview
- 6.1.1 Market size and forecast
6.2 Residential
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
6.3 Commercial
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
6.4 Industrial
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country

CHAPTER 7: POWER QUALITY EQUIPMENT MARKET, BY REGION

7.1 Overview
- 7.1.1 Market size and forecast
7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Equipment
- 7.2.3 North America Market size and forecast, by Phase
- 7.2.4 North America Market size and forecast, by End User
- 7.2.5 North America Market size and forecast, by country
  - 7.2.5.1 U.S.
  - 7.2.5.1.1 Market size and forecast, by Equipment
  - 7.2.5.1.2 Market size and forecast, by Phase
  - 7.2.5.1.3 Market size and forecast, by End User
  - 7.2.5.2 Canada
  - 7.2.5.2.1 Market size and forecast, by Equipment
  - 7.2.5.2.2 Market size and forecast, by Phase
  - 7.2.5.2.3 Market size and forecast, by End User
  - 7.2.5.3 Mexico
  - 7.2.5.3.1 Market size and forecast, by Equipment
  - 7.2.5.3.2 Market size and forecast, by Phase
  - 7.2.5.3.3 Market size and forecast, by End User
7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Equipment
- 7.3.3 Europe Market size and forecast, by Phase
- 7.3.4 Europe Market size and forecast, by End User
- 7.3.5 Europe Market size and forecast, by country
  - 7.3.5.1 Germany
  - 7.3.5.1.1 Market size and forecast, by Equipment
  - 7.3.5.1.2 Market size and forecast, by Phase
  - 7.3.5.1.3 Market size and forecast, by End User
  - 7.3.5.2 France
  - 7.3.5.2.1 Market size and forecast, by Equipment
  - 7.3.5.2.2 Market size and forecast, by Phase
  - 7.3.5.2.3 Market size and forecast, by End User
  - 7.3.5.3 UK
  - 7.3.5.3.1 Market size and forecast, by Equipment
  - 7.3.5.3.2 Market size and forecast, by Phase
  - 7.3.5.3.3 Market size and forecast, by End User
  - 7.3.5.4 Italy
  - 7.3.5.4.1 Market size and forecast, by Equipment
  - 7.3.5.4.2 Market size and forecast, by Phase
  - 7.3.5.4.3 Market size and forecast, by End User
  - 7.3.5.5 Spain
  - 7.3.5.5.1 Market size and forecast, by Equipment
  - 7.3.5.5.2 Market size and forecast, by Phase
  - 7.3.5.5.3 Market size and forecast, by End User
  - 7.3.5.6 Rest of Europe
  - 7.3.5.6.1 Market size and forecast, by Equipment
  - 7.3.5.6.2 Market size and forecast, by Phase
  - 7.3.5.6.3 Market size and forecast, by End User
7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Equipment
- 7.4.3 Asia-Pacific Market size and forecast, by Phase
- 7.4.4 Asia-Pacific Market size and forecast, by End User
- 7.4.5 Asia-Pacific Market size and forecast, by country
  - 7.4.5.1 China
  - 7.4.5.1.1 Market size and forecast, by Equipment
  - 7.4.5.1.2 Market size and forecast, by Phase
  - 7.4.5.1.3 Market size and forecast, by End User
  - 7.4.5.2 Japan
  - 7.4.5.2.1 Market size and forecast, by Equipment
  - 7.4.5.2.2 Market size and forecast, by Phase
  - 7.4.5.2.3 Market size and forecast, by End User
  - 7.4.5.3 India
  - 7.4.5.3.1 Market size and forecast, by Equipment
  - 7.4.5.3.2 Market size and forecast, by Phase
  - 7.4.5.3.3 Market size and forecast, by End User
  - 7.4.5.4 South Korea
  - 7.4.5.4.1 Market size and forecast, by Equipment
  - 7.4.5.4.2 Market size and forecast, by Phase
  - 7.4.5.4.3 Market size and forecast, by End User
  - 7.4.5.5 Australia
  - 7.4.5.5.1 Market size and forecast, by Equipment
  - 7.4.5.5.2 Market size and forecast, by Phase
  - 7.4.5.5.3 Market size and forecast, by End User
  - 7.4.5.6 Rest of Asia-Pacific
  - 7.4.5.6.1 Market size and forecast, by Equipment
  - 7.4.5.6.2 Market size and forecast, by Phase
  - 7.4.5.6.3 Market size and forecast, by End User
7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Equipment
- 7.5.3 LAMEA Market size and forecast, by Phase
- 7.5.4 LAMEA Market size and forecast, by End User
- 7.5.5 LAMEA Market size and forecast, by country
  - 7.5.5.1 Brazil
  - 7.5.5.1.1 Market size and forecast, by Equipment
  - 7.5.5.1.2 Market size and forecast, by Phase
  - 7.5.5.1.3 Market size and forecast, by End User
  - 7.5.5.2 South Africa,
  - 7.5.5.2.1 Market size and forecast, by Equipment
  - 7.5.5.2.2 Market size and forecast, by Phase
  - 7.5.5.2.3 Market size and forecast, by End User
  - 7.5.5.3 Saudi Arabia
  - 7.5.5.3.1 Market size and forecast, by Equipment
  - 7.5.5.3.2 Market size and forecast, by Phase
  - 7.5.5.3.3 Market size and forecast, by End User
  - 7.5.5.4 Rest of LAMEA
  - 7.5.5.4.1 Market size and forecast, by Equipment
  - 7.5.5.4.2 Market size and forecast, by Phase
  - 7.5.5.4.3 Market size and forecast, by End User

CHAPTER 8: COMPANY LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES

9.1 ABB Ltd
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
9.2 AMETEK Inc
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
9.3 EATON CORPORATION PLC,
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
9.4 Emerson Electric Co
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
9.5 General Electric
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
9.6 Honeywell International Inc.
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
9.7 Legrand
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
9.8 Leviton Manufacturing Co.
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
9.9 MTE Meter Test Equipment AG
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
9.10 Piller Power Systems
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments