Europe Power Quality Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Equipment (Uninterruptable Power Supply, Harmonic Filters, Static VAR Compensator, Power Quality Meters, and Others); Phase ; End-Users

Published: August 6, 2021 |

The Insight Partners | 129 Pages | Delivery time: 1-2 business days

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The power quality equipment market in Europe is expected to grow from US$ 7,051.4 million in 2021 to US$ 11,459.0 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.

The electricity consumption worldwide is increasing with the rapid growth of the manufacturing and processing sectors. The transportation, healthcare, commercial, and residential sectors are other prime contributors to the rise in electricity consumption. In Asia Pacific, elevating population, growing disposable income, and increasing digitalization are driving consumers preference toward online purchases and payments. In addition, several governments in the region are promoting the growth of respective manufacturing industries. The aforementioned trends are leading to surge in the adoption of related power quality equipment to ensure regulated power supply in industries, thus protecting hardware from damages caused by power fluctuations. Also, continuously growing processing industries due to the rise in demand for fast moving consumer goods are further bolstering the demand for power quality equipment. Thus, the continuously growing manufacturing and processing sector is expected to generate the demand for power quality equipment during the forecast period.

The market for Europe power quality equipment market is segmented into equipment, phase, and end user. Based on equipment, the power quality equipment market is segmented into uninterruptable power supply (UPS), static VAR compensator, harmonic filters, power quality meters, and others. In 2021, the others segment is estimated to account for the largest market share in the power quality equipment market. Portable power equipment, power conditioners, surge protective devices, power and energy meters, solid oxide fuel cell, static transfer switch, line voltage regulators, power distribution units, reactors & inductors, and frequency converter are other types of power quality equipment available in the market. Based on the requirement of the application, market players offer this equipment in various features, shape, sizes, efficiency, and accuracy all over the world. Client can also ask for customized power quality equipment.

In Europe, France, Russia, Italy, the UK, Spain, and Germany are among the worst-affected countries by the COVID-19 pandemic. The region experienced a significant decline in revenue from numerous industries as governments enacted several strict containment measures to control the spread of infection. Several types of power quality equipment, such as UPS systems, are widely used at retail stores, wholesale stores, hotels, restaurants, warehouses, etc. Restaurants witnessed a drastic decline in footfall due to the restrictions imposed on people's movement. This consequently affected the operations at retail stores, wholesale stores, and warehouses, thus resulting in the significant decline in the demand for UPS systems dedicated to these fields. However, the cloud kitchens that were operational during this period contributed to the demand for UPS systems to some extent. Europe had large-scale import-export trade operations before the pandemic. However, drop in these activities during the pandemic period interrupted the supply of various power quality equipment in the region. The disruption of the supply chains of various industries, including power quality equipment, caused further adversities for the power quality equipment market players in 2020. New start-ups and businesses require industrial HVAC systems, factory equipment, and other power equipment. As no significant new businesses were coming up, the power quality equipment market experienced an overall reduction in demand in 2020.

The overall Europe Power quality equipment market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Europe Power quality equipment market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe Power quality equipment market. Acumentrics., Emerson Electric Co., AMETEK Inc., Eaton., General Electric Company, Schneider Electric SE, Siemens AG, Toshiba Energy Systems & Solutions Corporation, Hitachi ABB Power Grids Group, and Piller Group GmbH are among a few players operating in the Europe Power quality equipment market.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe power quality equipment market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe power quality equipment market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the power quality equipment market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Product Code: TIPRE00024226

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Power Quality Equipment Market - By Equipment
- 1.3.2 Power Quality Equipment Market - By Phase
- 1.3.3 Power Quality Equipment Market - By End User
- 1.3.4 Europe Power Quality Equipment Market - By Country

2. Europe Power Quality Equipment Market - Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Power Quality Equipment Market - Market Landscape

4.1 Overview
4.2 PEST Analysis
- 4.2.1 Power Quality Equipment Market- Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Europe Power Quality Equipment Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Industrial Manufacturing & Processing Sector
- 5.1.2 Increasing Demand for Stable Power Supply in Telecommunication Industry
5.2 Market Restraints
- 5.2.1 High Cost of Deployment and Installation
5.3 Market Opportunities
- 5.3.1 Growing Adoption of Renewable Energy Sources
5.4 Future Trends
- 5.4.1 Rising Trend of Applying Power Quality Equipment at Electric Vehicle Charging Stations
5.5 Impact Analysis

6. Power Quality Equipment Market - Europe Analysis

6.1 Europe Power Quality Equipment Market Revenue Forecasts and Analysis

7. Europe Power Quality Equipment Market Analysis and Forecasts To 2028 - By Equipment

7.1 Overview
7.2 Power Quality Equipment Market, By Type (2021 & 2028)
7.3 Uninterruptable Power Supply (UPS)
- 7.3.1 Overview
- 7.3.2 Uninterruptable Power Supply (UPS): Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.4 Harmonic Filters
- 7.4.1 Overview
- 7.4.2 Harmonic Filters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.5 Static VAR Compensator
- 7.5.1 Overview
- 7.5.2 Static VAR Compensator: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.6 Power Quality Meters
- 7.6.1 Overview
- 7.6.2 Power Quality Meters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

8. Power Quality Equipment Market Analysis - By Phase

8.1 Overview
8.2 Power Quality Equipment Market, By Phase (2021 & 2028)
8.3 Single Phase
- 8.3.1 Overview
- 8.3.2 Single Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
8.4 Three Phase
- 8.4.1 Overview
- 8.4.2 Three Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

9. Europe Power Quality Equipment Market Analysis and Forecasts to 2028- By End User

9.1 Overview
9.2 Power Quality Equipment Market, by Industry (2021 & 2028)
9.3 Industrial and Manufacturing
- 9.3.1 Overview
- 9.3.2 Industrial and Manufacturing: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
- 9.4.1 Overview
- 9.4.2 Commercial: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
9.5 Others
- 9.5.1 Overview
- 9.5.2 Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

10. Power Quality Equipment Market Revenue and Forecasts to 2028 - Geographical Analysis

10.1 Europe: Power Quality Equipment Market
- 10.1.1 Overview
- 10.1.2 Europe: Power Quality Equipment Market, by Country, 2021 & 2028 (%)
  - 10.1.2.1 Germany: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.1.1 Germany: Power Quality Equipment Market, By Equipment
    - 10.1.2.1.2 Germany: Power Quality Equipment Market, By Phase
    - 10.1.2.1.3 Germany: Power Quality Equipment Market, By End-Users
  - 10.1.2.2 France: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.2.1 France: Power Quality Equipment Market, By Equipment
    - 10.1.2.2.2 France: Power Quality Equipment Market, By Phase
    - 10.1.2.2.3 France: Power Quality Equipment Market, By End-Users
  - 10.1.2.3 Italy: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.3.1 Italy: Power Quality Equipment Market, By Equipment
    - 10.1.2.3.2 Italy: Power Quality Equipment Market, By Phase
    - 10.1.2.3.3 Italy: Power Quality Equipment Market, By End-Users
  - 10.1.2.4 UK: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.4.1 UK: Power Quality Equipment Market, By Equipment
    - 10.1.2.4.2 UK: Power Quality Equipment Market, By Phase
    - 10.1.2.4.3 UK: Power Quality Equipment Market, By End-Users
  - 10.1.2.5 Russia: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.5.1 Russia: Power Quality Equipment Market, By Equipment
    - 10.1.2.5.2 Russia: Power Quality Equipment Market, By Phase
    - 10.1.2.5.3 Russia: Power Quality Equipment Market, By End-Users
  - 10.1.2.6 Rest of Europe: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.2.6.1 Rest of Europe: Power Quality Equipment Market, By Equipment
    - 10.1.2.6.2 Rest of Europe: Power Quality Equipment Market, By Phase
    - 10.1.2.6.3 Rest of Europe: Power Quality Equipment Market, By End-Users

11. Impact Of COVID-19 Pandemic on Europe Power Quality Equipment Market

11.1 Europe: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview
12.2 New Development

13. COMPANY PROFILES

13.1 Acumentrics.
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Emerson Electric Co.
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 AMETEK Inc.
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Eaton.
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 General Electric Company
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Schneider Electric SE
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Siemens AG
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Toshiba Energy Systems & Solutions Corporation
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Hitachi ABB Power Grids Group
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Piller Group GmbH
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About the Insight Partners
14.2 Glossary of Terms

List Of Tables

Table 1. Germany Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 4. France Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
Table 5. France Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 6. France Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 10. UK Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
Table 11. UK Power Quality Equipment Market, By Phase- Revenue and Forecast to 2028 (US$ Million)
Table 12. UK Power Quality Equipment Market, By End-Users- Revenue and Forecast to 2028 (US$ Million)
Table 13. Russia Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of Europe Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 19. Glossary of Terms, Power Quality Equipment Market

List Of Figures

Figure 1. Power Quality Equipment Market Segmentation
Figure 2. Europe Power Quality Equipment Market Overview
Figure 3. Others Segment Held Largest Share of Equipment in Power Quality Equipment Market
Figure 4. UK is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Power Quality Equipment Market - Europe PEST Analysis
Figure 6. Power Quality Equipment Market- Ecosystem Analysis
Figure 7. Power Quality Equipment Market Impact Analysis of Driver and Restraints
Figure 8. Europe Power Quality Equipment Market - Revenue Forecasts and Analysis - 2020- 2028
Figure 9. Power Quality Equipment Market, by Type (2021 & 2028)
Figure 10. Uninterruptable Power Supply (UPS): Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Harmonic Filters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Static VAR Compensator: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Power Quality Meters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Power Quality Equipment Market, by Phase (2020 & 2028)
Figure 16. Single Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Three Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Power Quality Equipment Market, by Industry (2021 & 2028)
Figure 19. Industrial and Manufacturing: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Commercial: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe: Power Quality Equipment Market, by Key Country - Revenue (2021) (USD Million)
Figure 23. Europe: Power Quality Equipment Market, by Country, 2021 & 2028 (%)
Figure 24. Germany: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. France: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Italy: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. UK: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Russia: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of Europe: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in European Country Markets