The Europe power quality equipment market size was valued at US$ 8.05 billion in 2024 and is expected to reach US$ 11.45 billion by 2031; it is estimated to record a CAGR of 5.5% from 2025 to 2031. The application of power-quality equipment at electric vehicle charging stations is likely to remain a key market trend.
Power quality equipment are devices and technologies that monitor, manage, and improve the quality of electrical power in a system. Power quality (PQ) encompasses the stability, reliability, and consistency of voltage, current, and frequency supplied to electrical devices. Any deviation, such as voltage sags, surges, transients, harmonics, or frequency variations, can lead to equipment malfunction, energy losses, operational inefficiencies, or even complete system failure. Power quality equipment plays a vital role in identifying these anomalies and protecting infrastructure and end-use devices from potential damage. These systems are used across utilities, industrial facilities, commercial buildings, and residential settings. With the increasing complexity of electrical networks and the rising emphasis on reliability and sustainability in Europe, power quality equipment has become an essential component of modern power management and infrastructure resilience.
The Europe power quality equipment market is growing, driven by the increasing integration of renewable energy sources, the rise of electric vehicles, and the surging demand for reliable and efficient power systems across sectors. The demand for power-quality equipment is fueled by the European Union's Green Deal, which aims for climate neutrality by 2050. This initiative is accelerating investments in renewable energy infrastructure and electric mobility, presenting challenges in maintaining grid stability due to the variability of renewable energy sources and the demand for electric vehicles.
Apart from voice communications, the telecommunications sector is witnessing growth in fast data transmission services. This new form of communication is adding data centers, servers, and other internet-related infrastructure, as well as equipment to cater to voice and data transmission services. However, the newly added telecommunication systems are vulnerable to power quality problems because the electronics used for data transmission are susceptible to sags/dips, swells, transients, and harmonics. Further, the occurrence of voltage sags and swells due to abrupt increases in short circuits, loose connections or faults, and motors starting may trip telecom equipment, which creates a loss in communication. Such instances cost telecom companies money for every minute, and it can 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.
In the wake of global warming due to rising carbon pollution from burning fossil fuels, coal, and natural gas, the focus on adopting renewable energy sources is increasing. This focus on renewable energy projects fuels the demand for power-quality equipment to measure the quality of the power generated in distribution substations. Renewable energy is gaining traction over conventional energy sources due to zero carbon emissions, reduced air and water pollution, and economical production of electricity. Also, the governments globally are providing financial incentives for adopting renewable energy projects.
As stated by the International Energy Agency (IEA), the European Union (EU) plans to increase its renewable energy target to 45% by 2030, as outlined in the REPowerEU Plan. With a projected need for 1,236 GW of installed renewable capacity and the accelerated rollout of clean energy technologies across the continent, the demand for advanced power quality solutions is set to surge. As European nations bolster support mechanisms for renewable power and heating—driven by long-term climate goals and the immediate energy security concerns following Russia’s invasion of Ukraine—the stability and efficiency of increasingly complex and decentralized power grids become paramount. The launch of the Green Deal Industrial Plan in February 2023 to expand clean energy manufacturing underscores the EU's commitment to a resilient, green energy infrastructure. This evolving energy landscape requires robust power quality equipment to manage fluctuations, harmonics, and grid integration challenges and is expected to provide future growth opportunities for the market.
Key segments that contributed to the derivation of the Europe power quality equipment market analysis are equipment, phase, and end users.
The regional trends and factors influencing the Europe Power Quality Equipment Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Europe Power Quality Equipment Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 8.05 Billion |
| Market Size by 2031 | US$ 11.45 Billion |
| Global CAGR (2025 - 2031) | 5.5% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Equipment
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The Europe Power Quality Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Europe Power Quality Equipment Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Europe power quality equipment market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the market are listed below:
(Source: DEHN, Press Release, March 2025)
(Source: Schneider Electric, Press Release, December 2024)
The "Europe Power Quality Equipment Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
Application of power quality equipment at electric vehicle charging stations is one of the key trends in the market.
Surging industrial modernization and advanced manufacturing investments and increasing demand for stable power supply in the telecommunication industry are driving the market growth.
Schneider Electric, ABB, Eaton, Siemens, and Emerson Electric Co. are major players in the market.
The market is anticipated to expand at a CAGR of 5.5% during 2025-2031.
The market is expected to reach a value of US$ 11.45 billion by 2031.