PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1394983
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1394983
Voltage Regulator Market Size - By Product (Linear, Switching), By Phase (Single Phase, Three Phase), By Voltage (≤ 40 kVA, > 40 kVA to 250 kVA, > 250 kVA), By Application (Residential, Commercial, Industrial) & Global Forecast, 2023 - 2032
Voltage Regulator Market size is estimated to expand at 8.2% CAGR from 2023-2032 driven by the surging deployment of renewable energy. With the world increasingly adopting renewable energy sources, the need for stable and consistent power supply has become paramount. Voltage regulators are essential in maintaining grid stability and ensuring the seamless integration of renewable energy into existing power systems. Additionally, the rising investments for upgrading and modernizing power grids as well as incorporating technologies for real-time monitoring and control are driving the adoption of sophisticated voltage regulators. The ongoing shift towards smart and sustainable energy systems will further boost the market growth.
The voltage regulator industry is segmented into product, phase, voltage, application, and region.
Based on product, the market share from the switching segment gained significant traction in 2022 and is estimated to foresee notable expansion through 2032 driven by the increasing demand for power electronics and high-frequency switching systems in various applications. Furthermore, the proliferation of electronic devices, renewable energy systems, and automated industrial equipment is surging the demand for switching voltage regulators to provide stable and reliable power supply.
In terms of application, the voltage regulator market from the industrial segment is anticipated to attain substantial momentum between 2023 and 2032. This is owing to the increasing reliance on stable power supply for efficient industrial operations. The higher rate of industrial automation and the growing integration of electronic components in manufacturing processes are contributing to the rising demand for voltage regulators. Additionally, the ongoing upgradation of machinery and systems across multiple industries may fuel the segment growth.
Regionally, the North America voltage regulator industry size is expected to exhibit robust CAGR from 2023-2032 due to the rapid technological advancements and the increasing adoption of electronic devices across various sectors. Several industries in the region are demanding sophisticated voltage regulation solutions owing to the growing emphasis on improving energy efficiency and power quality.
Furthermore, massive investments for the expansion of renewable energy infrastructure and the integration of smart grids will further contribute to the regional market growth. For instance, in October 2023, the Biden-Harris Administration authorized a $3.46 billion investment in 58 projects to boost electric grid resiliency and dependability across 44 American states.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope and definitions
- 1.2 Market estimates & forecast parameters
- 1.2.1 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Unpaid sources
Chapter 2 Executive Summary
- 2.1 Voltage Regulator industry 360 degree synopsis, 2019 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Voltage trends
- 2.1.4 Phase trends
- 2.1.5 Application trends
- 2.1.6 Regional trends
Chapter 3 Voltage Regulator Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Vendor Matrix
- 3.2 Regulatory landscape
- 3.3 COVID- 19 impact on the industry outlook
- 3.4 Industry impact forces
- 3.4.1 Growth drivers
- 3.4.2 Industry pitfalls & challenges
- 3.5 Growth potential analysis
- 3.6 Porter's Analysis
- 3.6.1 Bargaining power of suppliers
- 3.6.2 Bargaining power of buyers
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
- 3.7 PESTEL Analysis
Chapter 4 Competitive Benchmarking
- 4.1 Competitive landscape, 2022
- 4.1.1 Strategic dashboard
- 4.2 Innovation & technology landscape
Chapter 5 Voltage Regulator Market, By Product (Units & USD)
- 5.1 Key trends, by product
- 5.2 Linear
- 5.3 Switching
Chapter 6 Voltage Regulator Market, By Voltage (Units & USD)
- 6.1 Key trends, by voltage
- 6.2 ≤ 40 kVA
- 6.3 > 40 kVA to 250 kVA
- 6.4 > 250 kVA
Chapter 7 Voltage Regulator Market, By Phase (Units & USD)
- 7.1 Key trends, by phase
- 7.2 Single Phase
- 7.3 Three Phase
Chapter 8 Voltage Regulator Market, By Application (Units & USD)
- 8.1 Key trends, by voltage
- 8.2 Residential
- 8.3 Commercial
- 8.4 Industrial
Chapter 9 Voltage Regulator Market, By Region (Units & USD)
- 9.1 Key trends, by region
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 France
- 9.3.3 Russia
- 9.3.4 UK
- 9.3.5 Italy
- 9.3.6 Spain
- 9.3.7 Netherlands
- 9.3.8 Austria
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 South Korea
- 9.4.4 India
- 9.4.5 Australia
- 9.4.6 New Zealand
- 9.4.7 Malaysia
- 9.4.8 Indonesia
- 9.5 Middle East & Africa
- 9.5.1 Saudi Arabia
- 9.5.2 UAE
- 9.5.3 Qatar
- 9.5.4 Egypt
- 9.5.5 South Africa
- 9.5.6 Nigeria
- 9.5.7 Kuwait
- 9.5.8 Oman
- 9.6 Latin America
- 9.6.1 Brazil
- 9.6.2 Peru
- 9.6.3 Argentina
Chapter 10 Company Profiles
- 10.1 General Electric
- 10.2 Siemens
- 10.3 ABB
- 10.4 Eaton
- 10.5 Toshiba Energy Systems & Solutions Corporation
- 10.6 Analog Devices
- 10.7 Infineon Technologies AG
- 10.8 NXP Semiconductors
- 10.9 STMicroelectronics
- 10.10 Microchip Technology Inc.
- 10.11 Renesas Electronics Corporation
- 10.12 Ricoh USA, Inc.
- 10.13 ROHM Co. Ltd.
- 10.14 Schweitzer Engineering Laboratories, Inc.
- 10.15 SEMTECH
- 10.16 Exar Corporation
- 10.17 Vishay Intertechnology, Inc.
- 10.18 TOREX SEMICONDUCTOR LTD.
- 10.19 Vicor
- 10.20 Maschinenfabrik Reinhausen GmbH. A
- 10.21 Basler Electric
- 10.22 J. Schneider Elektrotechnik GmbH
- 10.23 Hindustan Power Control System
- 10.24 Purevolt
- 10.25 Selvon Instruments Pvt. Ltd.
- 10.26 Legrand
- 10.27 BTRAC Ltd.
