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1026475

North America 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: | The Insight Partners | 120 Pages | Delivery time: 1-2 business days

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North America 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
Content info: 120 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The power quality equipment market in North America is expected to grow from US$ 10,620.3 million in 2021 to US$ 15,963.1 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

Telecommunications have undergone significant developments in recent years. In addition to voice communications, fast data transmission services have seen continuous growth in the telecommunications market, which has led to the flourishment of more advanced telecommunication systems such as data centers, servers, and other internet-related infrastructure and equipment to efficiently offer voice and data transmission services. However, the newly added telecommunication systems are more vulnerable to power quality problems because the electronics used for data transmission are more susceptible to sags/dips, swells, transients, and harmonics. Further, telecom equipment may trip upon the occurrence of power fluctuations in the form of voltage sags and swells due to abrupt increase in loads at the time of short circuits, loose connection or faults, and motors starting, which creates loss in communication. Such interruptions cost telecom companies money for every minute, and it can also lead to equipment malfunction and breakdown. Thus, to overcome this power challenge, the telecom industry worldwide is adopting power quality equipment to ensure a steady supply of voltage within a defined range.

The North America power quality equipment market is segmented on the bases of equipment, phase, and end user. Based on equipment, the market is segmented into uninterruptable power supply (UPS), static VAR compensator, harmonic filters, power quality meters, and others. The others segment is estimated to account for the largest market share in the North America power quality equipment market in 2021. Portable power equipment, power conditioners, surge protective devices, power and energy meters, solid oxide fuel cells, static transfer switches, line voltage regulators, power distribution units, reactors and inductors, and frequency converters 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. Clients can also ask for customized power quality equipment.

North American countries, particularly the US, faced considerable economic loss during the first two quarters of 2020 owing to the high number of COVID-19 cases. Due to various limitations and restrictions imposed by federal or state governments, manufacturing, construction, metals & mining, and commercial industries witnessed a decline in production, which led to economic slowdown in the region. Also, the imposition of stringent containment measures allowed operations only with a limited employee count. This hampered the overall production levels in the US. Power quality equipment help in supplying uninterrupted power in various applications; however, the demand for the same decreased significantly with the drop in the number of visitors to hotels and malls. Furthermore, the shuttering of educational institutes resulted in the low need of power quality meters in laboratories. However, as companies began adopting to work-from-home practices, and the demand for uninterrupted power supply (UPS) systems specially designed and manufactured for residential purpose increased significantly. The power quality equipment market is expected to experience steady growth in North America after the economies return to normalcy in the coming years.

The overall North America 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 North America Power quality equipment market with respect to all the segments. Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic. The participants typically involved in this 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 North America 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 the major players operating in the market in this region.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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: TIPRE00024229

Table Of Contents

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 North America Power Quality Equipment Market - By Country

2. North America Power Quality Equipment Market - Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. North America Power Quality Equipment Market - Market Landscape

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

5. North America 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 - North America Analysis

  • 6.1 North America Power Quality Equipment Market Revenue Forecasts and Analysis

7. North America 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. North America 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 North America: Power Quality Equipment Market
    • 10.1.1 Overview
    • 10.1.2 North America: Power Quality Equipment Market, by Country, 2021 & 2028 (%)
      • 10.1.2.1 US: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
        • 10.1.2.1.1 US: Power Quality Equipment Market, By Equipment
        • 10.1.2.1.2 US: Power Quality Equipment Market, By Phase
        • 10.1.2.1.3 US: Power Quality Equipment Market, By End-Users
      • 10.1.2.2 Canada: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
        • 10.1.2.2.1 Canada: Power Quality Equipment Market, By Equipment
        • 10.1.2.2.2 Canada: Power Quality Equipment Market, By Phase
        • 10.1.2.2.3 Canada: Power Quality Equipment Market, By End-Users
      • 10.1.2.3 Mexico: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
        • 10.1.2.3.1 Mexico: Power Quality Equipment Market, By Equipment
        • 10.1.2.3.2 Mexico: Power Quality Equipment Market, By Phase
        • 10.1.2.3.3 Mexico: Power Quality Equipment Market, By End-Users

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

  • 11.1 North America: 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. US Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
  • Table 2. US Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
  • Table 3. US Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
  • Table 4. Canada Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
  • Table 5. Canada Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
  • Table 6. Canada Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
  • Table 7. Mexico Power Quality Equipment Market, By Equipment- Revenue and Forecast to 2028 (US$ Million)
  • Table 8. Mexico Power Quality Equipment Market, By Phase - Revenue and Forecast to 2028 (US$ Million)
  • Table 9. Mexico Power Quality Equipment Market, By End-Users - Revenue and Forecast to 2028 (US$ Million)
  • Table 10. Glossary of Terms, Power Quality Equipment Market

List Of Figures

  • Figure 1. Power Quality Equipment Market Segmentation
  • Figure 2. North America Power Quality Equipment Market Overview
  • Figure 3. Others Segment Held Largest Share of Equipment in Power Quality Equipment Market
  • Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period
  • Figure 5. Power Quality Equipment Market - North America PEST Analysis
  • Figure 6. Power Quality Equipment Market- Ecosystem Analysis
  • Figure 7. Power Quality Equipment Market Impact Analysis of Driver and Restraints
  • Figure 8. North America 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. North America: Power Quality Equipment Market, by Key Country - Revenue (2021) (USD Million)
  • Figure 23. North America: Power Quality Equipment Market, by Country, 2021 & 2028 (%)
  • Figure 24. US: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 25. Canada: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 26. Mexico: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
  • Figure 27. Impact of COVID-19 Pandemic in North American Country Markets