U.S. Power Factor Correction Market Size, Share, Trends, Industry Analysis Report By Reactive Power (0-200 KAVR, 200-500 KAVR), By Type, By Sales Channel, By Application,

Description

List of Tables

The U.S. power factor correction market size is expected to reach USD 1,211.47 million by 2034, according to a new study by Polaris Market Research. The report "U.S. Power Factor Correction Market Size, Share, Trends, Industry Analysis Report By Reactive Power (0-200 KAVR, 200-500 KAVR, 500-1500 KAVR, Above 1500 KAVR), By Type, By Sales Channel, By Application - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The U.S. power factor correction (PFC) market focuses on solutions designed to improve the efficiency of electrical power systems. This involves reducing "reactive power," which is the power that does not perform useful work but is necessary to create magnetic fields for equipment such as motors and transformers. By optimizing the balance between real power (which performs work) and reactive power, PFC systems help lower energy consumption, reduce electricity bills, and enhance the overall stability and lifespan of electrical equipment. Essentially, it ensures that a facility draws only the necessary power from the grid, avoiding waste.

The U.S. power factor correction market is experiencing steady growth, driven by a strong emphasis on energy efficiency across various sectors. Industries, commercial buildings, and data centers are increasingly investing in PFC solutions to mitigate rising electricity costs and avoid penalties imposed by utility companies for inefficient power usage. The market is seeing a notable trend toward more advanced, automatic power factor correction systems that can adapt to fluctuating electrical loads in real-time. Additionally, stricter government regulations promoting energy conservation and the integration of renewable energy sources into the grid are creating demand for these essential power quality management technologies.

U.S. Power Factor Correction Market Report Highlights

By reactive power, the 0-200 KVAR segment held the largest share in 2024. This is mainly due to its broad applicability across many small to medium-sized commercial and industrial settings, where such reactive power levels are common, making these systems highly accessible and a practical choice for numerous businesses.

By type, the automatic segment held the largest share in 2024. This leadership is attributed to its ability to automatically adjust to fluctuating electrical loads in real-time, which is crucial for industries and large commercial facilities with varying power demands.

By sales channel, the distributors segment held the largest share in 2024. Distributors offer extensive networks, local presence, and additional services such as technical support and inventory management, making them a comprehensive solution provider for a wide range of customers.

By application, the commercial segment held the largest share in 2024. This dominance is driven by the vast number of commercial buildings that utilize various electrical equipment, leading to poor power factors, and their widespread need for energy cost reduction and overall efficiency.

A few key players in the market include ABB Ltd., Schneider Electric SE, Eaton Corporation, Siemens AG, GE Vernova, Hitachi Energy Ltd., TCI LLC, Powerside, Controllix Corporation, and Circutor.

Polaris Market Research has segmented the U.S. power factor correction market report on the basis of reactive power, type, sales channel, and application:

By Reactive Power Outlook (Revenue - USD Million, 2020-2034)

0-200 KAVR

200-500 KAVR

500-1500 KAVR

Above 1500 KAVR

By Type Outlook (Revenue - USD Million, 2020-2034)

Automatic

Fixed

By Sales Channel Outlook (Revenue - USD Million, 2020-2034)

Distributors

OEM Direct

By Application Outlook (Revenue - USD Million, 2020-2034)

Renewable

Commercial

Data Center

EV Charging

Product Code: PM5914

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 Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. U.S. Power Factor Correction Market Insights

4.1. U.S. Power Factor Correction Market - Market Snapshot
4.2. U.S. Power Factor Correction Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growing Emphasis on Energy Efficiency
  - 4.2.1.2. Rising Electricity Costs and Utility Penalties
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Investment Costs
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. U.S. Power Factor Correction Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. U.S. Power Factor Correction Market, by Reactive Power

5.1. Key Findings
5.2. Introduction
- 5.2.1. U.S. Power Factor Correction Market, by Reactive Power, 2020-2034 (USD Million)
5.3. 0-200 KAVR
- 5.3.1. U.S. Power Factor Correction Market, by 0-200 KAVR, by Region, 2020-2034 (USD Million)
5.4. 200-500 KAVR
- 5.4.1. U.S. Power Factor Correction Market, by 200-500 KAVR, by Region, 2020-2034 (USD Million)
5.5. 500-1500 KAVR
- 5.5.1. U.S. Power Factor Correction Market, by 500-1500 KAVR, by Region, 2020-2034 (USD Million)
5.6. Above 1500 KAVR
- 5.6.1. U.S. Power Factor Correction Market, by Above 1500 KAVR, by Region, 2020-2034 (USD Million)

6. U.S. Power Factor Correction Market, by Type

6.1. Key Findings
6.2. Introduction
- 6.2.1. U.S. Power Factor Correction Market, by Type, 2020-2034 (USD Million)
6.3. Automatic
- 6.3.1. U.S. Power Factor Correction Market, by Automatic, by Region, 2020-2034 (USD Million)
6.4. Fixed
- 6.4.1. U.S. Power Factor Correction Market, by Fixed, by Region, 2020-2034 (USD Million)

7. U.S. Power Factor Correction Market, by Sales Channel

7.1. Key Findings
7.2. Introduction
- 7.2.1. U.S. Power Factor Correction Market, by Sales Channel, 2020-2034 (USD Million)
7.3. Distributors
- 7.3.1. U.S. Power Factor Correction Market, by Distributors, by Region, 2020-2034 (USD Million)
7.4. OEM Direct
- 7.4.1. U.S. Power Factor Correction Market, by OEM Direct, by Region, 2020-2034 (USD Million)

8. U.S. Power Factor Correction Market, by Application

8.1. Key Findings
8.2. Introduction
- 8.2.1. U.S. Power Factor Correction Market, by Application, 2020-2034 (USD Million)
8.3. Renewable
- 8.3.1. U.S. Power Factor Correction Market, by Renewable, by Region, 2020-2034 (USD Million)
8.4. Commercial
- 8.4.1. U.S. Power Factor Correction Market, by Commercial, by Region, 2020-2034 (USD Million)
8.5. Data Center
- 8.5.1. U.S. Power Factor Correction Market, by Data Center, by Region, 2020-2034 (USD Million)
8.6. EV Charging
- 8.6.1. U.S. Power Factor Correction Market, by EV Charging, by Region, 2020-2034 (USD Million)

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. (ABB Asea Brown Boveri Ltd)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Circutor
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Controllix Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Eaton Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. GE Vernova
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Hitachi Energy Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Powerside
- 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. TCI LLC
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development