Power Quality Equipment Market Size, Share, Trends, Industry Analysis Report: By Equipment, Phase, End Use, and Region

Description

List of Tables

The global Power Quality Equipment market size is expected to reach USD 61.65 billion by 2034, according to a new study by Polaris Market Research. The report "Power Quality Equipment Market Size, Share, Trends, Industry Analysis Report: By Equipment (Power Quality Meters, Surge Protection Devices, Harmonic Filters, Voltage Regulators, Uninterruptable Power Supply (UPS), and Others), Phase, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The Power Quality Equipment Market encompasses a diverse array of devices and systems engineered to monitor, analyze, and enhance the characteristics of electrical power. These solutions are essential for counteracting various power disturbances, such as voltage sags and swells, harmonic distortions, transients, and frequency variations, ensuring that electrical power is delivered within acceptable limits for the reliable and efficient operation of connected equipment. The fundamental purpose of power quality equipment is to provide a stable and clean power supply, thereby preventing equipment malfunctions, reducing energy losses, extending the lifespan of electrical assets, and minimizing costly downtimes across a multitude of applications.

The Power Quality Equipment Market is experiencing significant growth driven by several key factors. The increasing sophistication and sensitivity of modern electronic devices, prevalent in industrial automation, data processing, healthcare, and consumer electronics, necessitate high-quality power to function correctly. Furthermore, the global trend towards energy efficiency and the integration of renewable energy sources, which can introduce variability into the power grid, are amplifying the demand for power quality solutions. Government regulations and industry standards focused on power quality are also contributing to market expansion. The growing awareness among end-users about the financial and operational implications of poor power quality continues to fuel investments in equipment designed to monitor, protect, and improve the electrical power infrastructure.

Power Quality Equipment Market Report Highlights:

By equipment, the uninterruptable power supply (UPS) segment currently holds the largest share of the market globally, driven by its critical role in ensuring business continuity across diverse sectors that rely on uninterrupted power for sensitive operations and to prevent costly disruptions.

By phase, the three phase sub-segment currently accounts for the largest share of the Power Quality Equipment Market, primarily due to the widespread utilization of three-phase power systems in major industrial and commercial applications that require higher power levels for their operations.

By end use, the industrial & manufacturing sub-segment presently holds the largest share of the Power Quality Equipment Market on a global scale, driven by the extensive use of sensitive machinery in these sectors where power disturbances can lead to significant financial and operational losses.

By region, Asia Pacific currently holds the largest share of the Power Quality Equipment Market. The Asia Pacific region is also projected to exhibit the highest growth rate in the Power Quality Equipment Market over the forecast period.

ABB Ltd. (Switzerland), Schneider Electric SE (France), Siemens AG (Germany), Eaton Corporation plc (Ireland), General Electric Company (US), Toshiba Corporation (Japan), Emerson Electric Co. (United States), Legrand (France), Mitsubishi Electric Corporation (Japan), and Delta Electronics, Inc. (Taiwan). These companies provide a wide array of power quality solutions, addressing various needs across different industries and applications.

Polaris Market Research has segmented the Power Quality Equipment market report based on equipment, phase. end use, and region:

By Equipment Outlook (Revenue-USD Billion, 2020-2034)

Power Quality Meters

Surge Protection Devices

Harmonic Filters

Voltage Regulators

Uninterruptable Power Supply (UPS)

Others

By Phase Outlook (Revenue-USD Billion, 2020-2034)

Single Phase

Three Phase

By End Use Outlook (Revenue-USD Billion, 2020-2034)

Residential

Commercial

Industrial & Manufacturing

Utilities

Transportation

By Regional Outlook (Revenue-USD Billion, 2020-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM5659

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source

4. Global Power Quality Equipment Market Insights

4.1. Power Quality Equipment Market - Market Snapshot
4.2. Power Quality Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rise in Grid Modernization Initiatives
  - 4.2.1.2. Growing Integration of Renewable Energy Sources
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Limited awareness among end-users
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Power Quality Equipment Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Power Quality Equipment Market, by Equipment

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
5.3. Power Quality Meters
- 5.3.1. Global Power Quality Equipment Market, by Power Quality Meters, by Region, 2020-2034 (USD Billion)
5.4. Surge Protection Devices
- 5.4.1. Global Power Quality Equipment Market, by Surge Protection Devices, by Region, 2020-2034 (USD Billion)
5.5. Harmonic Filters
- 5.5.1. Global Power Quality Equipment Market, by Harmonic Filters, by Region, 2020-2034 (USD Billion)
5.6. Voltage Regulators
- 5.6.1. Global Power Quality Equipment Market, by Voltage Regulators, by Region, 2020-2034 (USD Billion)
5.7. Uninterruptable Power Supply (UPS)
- 5.7.1. Global Power Quality Equipment Market, by Uninterruptable Power Supply (UPS), by Region, 2020-2034 (USD Billion)
5.8. Others
- 5.8.1. Global Power Quality Equipment Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Power Quality Equipment Market, by Phase

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
6.3. Single Phase
- 6.3.1. Global Power Quality Equipment Market, by Single Phase, by Region, 2020-2034 (USD Billion)
6.4. Three Phase
- 6.4.1. Global Power Quality Equipment Market, by Three Phase, by Region, 2020-2034 (USD Billion)

7. Global Power Quality Equipment Market, by End Use

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
7.3. Residential
- 7.3.1. Global Power Quality Equipment Market, by Residential, by Region, 2020-2034 (USD Billion)
7.4. Commercial
- 7.4.1. Global Power Quality Equipment Market, by Commercial, by Region, 2020-2034 (USD Billion)
7.5. Industrial & Manufacturing
- 7.5.1. Global Power Quality Equipment Market, by Industrial & Manufacturing, by Region, 2020-2034 (USD Billion)
7.6. Utilities
- 7.6.1. Global Power Quality Equipment Market, by Utilities, by Region, 2020-2034 (USD Billion)
7.7. Transportation
- 7.7.1. Global Power Quality Equipment Market, by Transportation, by Region, 2020-2034 (USD Billion)

8. Global Power Quality Equipment Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Power Quality Equipment Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Power Quality Equipment Market - North America
- 8.3.1. North America: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
- 8.3.2. North America: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
- 8.3.3. North America: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.3.4. Power Quality Equipment Market - U.S.
  - 8.3.4.1. U.S.: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.3.5. Power Quality Equipment Market - Canada
  - 8.3.5.1. Canada: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
8.4. Power Quality Equipment Market - Europe
- 8.4.1. Europe: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
- 8.4.2. Europe: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
- 8.4.3. Europe: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.4. Power Quality Equipment Market - UK
  - 8.4.4.1. UK: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.5. Power Quality Equipment Market - France
  - 8.4.5.1. France: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.6. Power Quality Equipment Market - Germany
  - 8.4.6.1. Germany: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.7. Power Quality Equipment Market - Italy
  - 8.4.7.1. Italy: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.8. Power Quality Equipment Market - Spain
  - 8.4.8.1. Spain: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.9. Power Quality Equipment Market - Netherlands
  - 8.4.9.1. Netherlands: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.10. Power Quality Equipment Market - Russia
  - 8.4.10.1. Russia: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.4.11. Power Quality Equipment Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
8.5. Power Quality Equipment Market - Asia Pacific
- 8.5.1. Asia Pacific: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.4. Power Quality Equipment Market - China
  - 8.5.4.1. China: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.5. Power Quality Equipment Market - India
  - 8.5.5.1. India: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.6. Power Quality Equipment Market - Malaysia
  - 8.5.6.1. Malaysia: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.7. Power Quality Equipment Market - Japan
  - 8.5.7.1. Japan: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.8. Power Quality Equipment Market - Indonesia
  - 8.5.8.1. Indonesia: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.9. Power Quality Equipment Market - South Korea
  - 8.5.9.1. South Korea: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.10. Power Quality Equipment Market - Australia
  - 8.5.10.1. Australia: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.5.11. Power Quality Equipment Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
8.6. Power Quality Equipment Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.6.4. Power Quality Equipment Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.6.5. Power Quality Equipment Market - UAE
  - 8.6.5.1. UAE: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.6.6. Power Quality Equipment Market - Israel
  - 8.6.6.1. Israel: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.6.7. Power Quality Equipment Market - South Africa
  - 8.6.7.1. South Africa: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.6.8. Power Quality Equipment Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
8.7. Power Quality Equipment Market - Latin America
- 8.7.1. Latin America: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.7.4. Power Quality Equipment Market - Mexico
  - 8.7.4.1. Mexico: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.7.5. Power Quality Equipment Market - Brazil
  - 8.7.5.1. Brazil: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.7.6. Power Quality Equipment Market - Argentina
  - 8.7.6.1. Argentina: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)
- 8.7.7. Power Quality Equipment Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Power Quality Equipment Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Power Quality Equipment Market, by Phase, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Power Quality Equipment Market, by End Use, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. ABB Ltd.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Delta Electronics, Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Eaton Corporation plc
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Emerson Electric Co.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. General Electric Company
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Legrand
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Mitsubishi Electric Corporation
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Schneider Electric SE
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Siemens AG
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Toshiba Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development