Report Description

Global power quality equipment market is expected to grow at a steady rate during the forecast period. The global power quality equipment market is driven by the increasing demand for cleaner and alternative forms of energy. Additionally, erratic power supply and voltage fluctuations causes damage to electronic devices and equipment. This has drastically increased the need for deployment of efficient systems to protect the electronic devices from damage thereby fueling the market growth. Furthermore, the development and upgradation of existing grid infrastructure along with new product launches by the major players is expected to create lucrative opportunities for market growth through 2027. However, high cost of deployment and installation of power quality equipment can hamper the market growth through 2027.

The global power quality equipment market is segmented based on equipment, phase, application, company, and region. Based on phase, the market can be split into single phase and three phases. The three-phase segment is expected to dominate the market owing to their extensive use in commercial and industrial facilities to accommodate higher loads and it delivers power at a steady & constant rate.

Regionally, the power quality equipment market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall power quality equipment market owing to the increasing digitization of telecommunication industry. Additionally, increasing awareness pertaining to environmental safety and sustainability is further expected to drive the market growth.

The major players operating in the power quality equipment market are ABB Ltd., Siemens AG, Schneider Electric SE, Emerson Electric Company, Eaton Corporation, Plc, General Electric Company, Active Power, Inc., MTE Corporation, Smith’s Group plc., Toshiba Corporation, and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze and estimate the market size of global power quality equipment market from 2017 to 2020.
  • To estimate and forecast the market size of global power quality equipment market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global power quality equipment market based on equipment, phase, application, company, and regional distribution.
  • To identify dominant region or segment in the global power quality equipment market.
  • To identify drivers and challenges for global power quality equipment market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global power quality equipment market.
  • To identify and analyze the profile of leading players operating in global power quality equipment market.
  • To identify key sustainable strategies adopted by market players in global power quality equipment market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global power quality equipment market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Power quality equipment manufacturers/ suppliers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to power quality equipment

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Equipment

·         Phase

·         Application

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

ABB Ltd., Siemens AG, Schneider Electric SE, Emerson Electric Company, Eaton Corporation, Plc, General Electric Company, Active Power, Inc., MTE Corporation, Smith’s Group plc., Toshiba Corporation.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global power quality equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Power Quality Equipment Market, By Equipment:
    • Surge Arresters
    • Surge Protection Devices
    • Harmonic Filters
    • Power Conditioning Units
    • Power Distribution Unit
    • Uninterruptable Power Supply
    • Synchronous Condenser
    • Voltage Regulator
    • Digital Static Transfer Switch
    • Static VAR Compensator
    • Solid Oxide Fuel Cells
    • Isolation Transformers
    • Power Quality Meters
    • Others
  • Global Power Quality Equipment Market, By Phase:
    • Single Phase
    • Three Phase
  • Global Power Quality Equipment Market, By Application:
    • Industrial & Manufacturing
    • Commercial
    • Residential
    • Transportation
    • Utilities
  • Global Power Quality Equipment Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global power quality equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global power quality equipment market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Power Quality Equipment Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Power Quality Equipment Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Equipment (Surge Arresters, Surge Protection Devices, Harmonic Filters, Power Conditioning Units, Power Distribution Units, Uninterruptable Power Supply, Synchronous Condenser, Voltage Regulator, Digital Static Transfer Switch, Static VAR Compensator, Solid Oxide Fuel Cells, Isolation Transformers, Power Quality Meters, Others)

6.2.2.     By Phase (Single Phase v/s Three Phase)

6.2.3.     By Application (Industrial & Manufacturing, Commercial, Residential, Transportation, Utilities)

6.2.4.     By Company (2021)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Power Quality Equipment Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Equipment

7.2.2.     By Phase

7.2.3.     By Application

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Power Quality Equipment Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Equipment

7.3.1.2.2.             By Phase

7.3.1.2.3.             By Application

7.3.2.     India Power Quality Equipment Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Equipment

7.3.2.2.2.             By Phase

7.3.2.2.3.             By Application

7.3.3.     Australia Power Quality Equipment Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Equipment

7.3.3.2.2.             By Phase

7.3.3.2.3.             By Application

7.3.4.     Japan Power Quality Equipment Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Equipment

7.3.4.2.2.             By Phase

7.3.4.2.3.             By Application

7.3.5.     South Korea Power Quality Equipment Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Equipment

7.3.5.2.2.             By Phase

7.3.5.2.3.             By Application

8.    Europe Power Quality Equipment Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Equipment

8.2.2.     By Phase

8.2.3.     By Application

8.2.4.     By End User

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Power Quality Equipment Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Equipment

8.3.1.2.2.             By Phase

8.3.1.2.3.             By Application

8.3.2.     Germany Power Quality Equipment Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Equipment

8.3.2.2.2.             By Phase

8.3.2.2.3.             By Application

8.3.3.     United Kingdom Power Quality Equipment Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Equipment

8.3.3.2.2.             By Phase

8.3.3.2.3.             By Application

8.3.4.     Italy Power Quality Equipment Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Equipment

8.3.4.2.2.             By Phase

8.3.4.2.3.             By Application

8.3.5.     Spain Power Quality Equipment Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Equipment

8.3.5.2.2.             By Phase

8.3.5.2.3.             By Application

9.    North America Power Quality Equipment Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Equipment

9.2.2.     By Phase

9.2.3.     By Application

9.2.4.     By End User

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Power Quality Equipment Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Equipment

9.3.1.2.2.             By Phase

9.3.1.2.3.             By Application

9.3.2.     Mexico Power Quality Equipment Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Equipment

9.3.2.2.2.             By Phase

9.3.2.2.3.             By Application

9.3.3.     Canada Power Quality Equipment Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Equipment

9.3.3.2.2.             By Phase

9.3.3.2.3.             By Application

10.  South America Power Quality Equipment Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Equipment

10.2.2.  By Phase

10.2.3.  By Application

10.2.4.  By End User

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Power Quality Equipment Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Equipment

10.3.1.2.2.           By Phase

10.3.1.2.3.           By Application

10.3.2.  Argentina Power Quality Equipment Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Equipment

10.3.2.2.2.           By Phase

10.3.2.2.3.           By Application

10.3.3.  Colombia Power Quality Equipment Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Equipment

10.3.3.2.2.           By Phase

10.3.3.2.3.           By Application

11.  Middle East and Africa Power Quality Equipment Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Equipment

11.2.2.  By Phase

11.2.3.  By Application

11.2.4.  By End User

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Power Quality Equipment Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Equipment

11.3.1.2.2.           By Phase

11.3.1.2.3.           By Application

11.3.2.  Saudi Arabia Power Quality Equipment Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Equipment

11.3.2.2.2.           By Phase

11.3.2.2.3.           By Application

11.3.3.  UAE Power Quality Equipment Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Equipment

11.3.3.2.2.           By Phase

11.3.3.2.3.           By Application

11.3.4.  Kuwait Power Quality Equipment Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Equipment

11.3.4.2.2.           By Phase

11.3.4.2.3.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              ABB Ltd.

14.2.              Siemens AG

14.3.              Schneider Electric SE

14.4.              Emerson Electric Company

14.5.              Eaton Corporation, Plc

14.6.              General Electric Company

14.7.              Active Power, Inc.

14.8.              MTE Corporation

14.9.              Smith’s Group plc.

14.10.            Toshiba Corporation

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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ABB Ltd., Siemens AG, Schneider Electric SE, Emerson Electric Company, Eaton Corporation, Plc, General Electric Company, Active Power, Inc., MTE Corporation, Smith’s Group plc., and Toshiba Corporation are the leading market players in the global power quality equipment market.

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North America is expected to lead the market during the forecast period due to the ongoing digital transformation of the telecommunication industry.

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Based on phase, the market is divided into single-phase and three-phase. The three-phase segment is expected to hold the largest market in the forecast period.

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High cost of deployment and installation of power quality equipment may hinder the market growth during the forecast period.

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