Power Quality Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Equipment (Uninterruptable Power Supply (UPS), Harmonic Filters, Static VAR Compensator, Power Quality Meters, Others); Phase (Single Phase, Three Phase); End-Users (Industrial and Manufacturing, Commercial, and Others), and Geography

Publication Month: Jul 2021 | Report Code: TIPRE00023328 | No. of Pages: 165 | Category: Electronics and Semiconductor | Status: Published

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The power quality equipment market is expected to grow from US$ 28,499.6 million in 2021 to US$ 45,131.9 million by 2028; it is estimated to grow at a CAGR of 6.8% during 2021–2028.

 

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 region are promoting the growth of respective manufacturing industries. For instance, the Government of India started the ”Make in India” initiative to encourage international and domestic companies to set-up their manufacturing facilities in India as well as to build the best in class manufacturing infrastructure in the country. Similarly, Chinese government introduced the “Made in China 2025” program to strengthen the country’s manufacturing sector as well as to become the most attractive market in the world. 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 market.

 

Impact of COVID-19 Pandemic on Power Quality Equipment Market

The COVID-19 outbreak has continued its adverse effects in several countries in 2021 as well. Business shutdowns or limited business operations, and lockdowns and travel limitations have hampered the production and supply chain of power quality equipment, leading to decline in the adoption of these equipment, including uninterrupted power supply (UPS) systems, static VAR compensators, harmonic filters, power quality meters, power conditioners, and power quality analyzers. However, owing to the resumption of trading activities from the last quarter of 2020, the market players are expecting steady growth in the demand in the coming quarters. Manufacturing, commercial, metals, cement, power generation, education, entertainment, electronics, energy, aviation, and transportation are among the key industries affected by the pandemic.

 

Lucrative Regions for Power Quality Equipment Providers

Lucrative Regions for Power Quality Equipment Providers

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Power Quality Equipment Market Insights

Increasing Demand for Stable Power Supply in Telecommunications Sector Fuels Growth of Power Quality Equipment Market

Telecommunications infrastructure has developed rapidly in the recent years. This new form of telecommunication infrastructure is adding more advanced telecommunication systems such as data centers, servers, and internet-related infrastructure as well as equipment to efficiently cater to voice and data transmission services. However, the modern telecommunication systems are more vulnerable to issues with power as the electronic components used for data transmission are more susceptible to sags/dips, swells, transients, and harmonics. A telecom equipment can trip on the occurrence of power fluctuations caused by abrupt increase in loads (voltage sags and swells) due to short circuits, loose connections or faults, and motors starting. Such instances lead to loss in communications and incur high cost for telecom companies, they can also lead to equipment malfunction and breakdown. Thus, to overcome this challenge, telecom companies are adopting power quality equipment to ensure a steady supply of voltage within a defined range.

 

Phase-Based Market Insights

Based on phase, the power quality equipment market is bifurcated into single phase and three phase. In 2020, the three phase segment accounted for a larger share in the market.

 

Power Quality Equipment Market, by Phase, 2020 and 2028 (%)

Power Quality Equipment Market, by Phase, 2020 and 2028 (%)

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End Users-Based Market Insights

Based on end user, the power quality equipment market is segmented into industrial and manufacturing, commercial, and others. In 2020, the industrial and manufacturing segment accounted for the largest market share.

 

Strategic Insights

The players operating in the power quality equipment market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

 

  • In June 2021, Eaton  completed the acquisition of 50% stakes in Jiangsu YiNeng Electric’s Busway business in China. This agreement would help Eaton in expanding its power distribution portfolio in the APAC market.
  • In May 2021, Acumentrics introduced SmartPDU, a new power distribution system that offers an unprecedented combination of convenience, flexibility, secure control, and system data, which ensures the optimal operation of shipboard electronic systems, along enabling them to accommodate changes and upgrades.

 

The global power quality equipment market has been segmented as mentioned below:

 

By Equipment

  • Uninterruptable Power Supply (UPS)
  • Harmonic Filters
  • Static VAR Compensators
  • Power Quality Meters
  • Others

 

By Phase

  • Single Phase
  • Three Phase

 

By End Users

  • Industrial and Manufacturing
  • Commercial
  • Others

 

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

 

Company Profiles

  • 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
  • Piller Group GmbH

1.            Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.            Key Takeaways

3.            Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.            Power Quality Equipment Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.            Power Quality Equipment Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Growing Industrial Manufacturing & Processing Sector Worldwide

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 of Drivers And Restraints

6.            Power Quality Equipment – Global Market Analysis

6.1       Global Power Quality Equipment Market Overview

6.2       Global Power Quality Equipment Market Revenue Forecast and Analysis

6.3       Market Positioning – Five Key Players

7.            Power Quality Equipment Market Revenue and Forecast To 2028 – By Equipment

7.1       Overview

7.2       Power Quality Equipment Market, By Type (2020 & 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 and Forecast To 2028 – By Phase

8.1       Overview

8.2       Power Quality Equipment Market, By Phase (2020 & 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.            Power Quality Equipment Market Analysis and Forecast To 2028 – By End-Users

9.1       Overview

9.2       Power Quality Equipment Market, by Industry (2020 & 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 – Geographic Analysis

10.1    Overview

10.2    North America: Power Quality Equipment Market

10.2.1     North America: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2     North America: Power Quality Equipment Market, By Equipment

10.2.3     North America: Power Quality Equipment Market, By Phase

10.2.4     North America: Power Quality Equipment Market, By End-Users

10.2.5     North America: Power Quality Equipment Market, By Country

10.2.5.1   US: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.1.1    US: Power Quality Equipment Market, By Equipment

10.2.5.1.2    US: Power Quality Equipment Market, By Phase

10.2.5.1.3    US: Power Quality Equipment Market, By End-Users

10.2.5.2   Canada: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1    Canada: Power Quality Equipment Market, By Equipment

10.2.5.2.2    Canada: Power Quality Equipment Market, By Phase

10.2.5.2.3    Canada: Power Quality Equipment Market, By End-Users

10.2.5.3   Mexico: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1    Mexico: Power Quality Equipment Market, By Equipment

10.2.5.3.2    Mexico: Power Quality Equipment Market, By Phase

10.2.5.3.3    Mexico: Power Quality Equipment Market, By End-Users

10.3    Europe: Power Quality Equipment Market

10.3.1     Europe: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2     Europe: Power Quality Equipment Market, By Equipment

10.3.3     Europe: Power Quality Equipment Market, By Phase

10.3.4     Europe: Power Quality Equipment Market, By End-Users

10.3.5     Europe: Power Quality Equipment Market, By Country

10.3.5.1   Germany: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1    Germany: Power Quality Equipment Market, By Equipment

10.3.5.1.2    Germany: Power Quality Equipment Market, By Phase

10.3.5.1.3    Germany: Power Quality Equipment Market, By End-Users

10.3.5.2   France: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1    France: Power Quality Equipment Market, By Equipment

10.3.5.2.2    France: Power Quality Equipment Market, By Phase

10.3.5.2.3    France: Power Quality Equipment Market, By End-Users

10.3.5.3   Italy: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1    Italy: Power Quality Equipment Market, By Equipment

10.3.5.3.2    Italy: Power Quality Equipment Market, By Phase

10.3.5.3.3    Italy: Power Quality Equipment Market, By End-Users

10.3.5.4   UK: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1    UK: Power Quality Equipment Market, By Equipment

10.3.5.4.2    UK: Power Quality Equipment Market, By Phase

10.3.5.4.3    UK: Power Quality Equipment Market, By End-Users

10.3.5.5   Russia: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1    Russia: Power Quality Equipment Market, By Equipment

10.3.5.5.2    Russia: Power Quality Equipment Market, By Phase

10.3.5.5.3    Russia: Power Quality Equipment Market, By End-Users

10.3.5.6   Rest of Europe: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1    Rest of Europe: Power Quality Equipment Market, By Equipment

10.3.5.6.2    Rest of Europe: Power Quality Equipment Market, By Phase

10.3.5.6.3    Rest of Europe: Power Quality Equipment Market, By End-Users

10.4    Asia-Pacific: Power Quality Equipment Market

10.4.1     Asia-Pacific: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2     Asia-Pacific: Power Quality Equipment Market, By Equipment

10.4.3     Asia-Pacific: Power Quality Equipment Market, By Phase

10.4.4     Asia-Pacific: Power Quality Equipment Market, By End-Users

10.4.5     Asia-Pacific: Power Quality Equipment Market, By Country

10.4.5.1   Australia: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1    Australia: Power Quality Equipment Market, By Equipment

10.4.5.1.2    Australia: Power Quality Equipment Market, By Phase

10.4.5.1.3    Australia: Power Quality Equipment Market, By End-Users

10.4.5.2   China: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1    China: Power Quality Equipment Market, By Equipment

10.4.5.2.2    China: Power Quality Equipment Market, By Phase

10.4.5.2.3    China: Power Quality Equipment Market, By End-Users

10.4.5.3   India: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1    India: Power Quality Equipment Market, By Equipment

10.4.5.3.2    India: Power Quality Equipment Market, By Phase

10.4.5.3.3    India: Power Quality Equipment Market, By End-Users

10.4.5.4   Japan: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.4.1    Japan: Power Quality Equipment Market, By Equipment

10.4.5.4.2    Japan: Power Quality Equipment Market, By Phase

10.4.5.4.3    Japan: Power Quality Equipment Market, By End-Users

10.4.5.5   South Korea: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5.1    South Korea: Power Quality Equipment Market, By Equipment

10.4.5.5.2    South Korea: Power Quality Equipment Market, By Phase

10.4.5.5.3    South Korea: Power Quality Equipment Market, By End-Users

10.4.5.6   Rest of Asia-Pacific: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.6.1    Rest of Asia-Pacific: Power Quality Equipment Market, By Equipment

10.4.5.6.2    Rest of Asia-Pacific: Power Quality Equipment Market, By Phase

10.4.5.6.3    Rest of Asia-Pacific: Power Quality Equipment Market, By End-Users

10.5    Middle East and Africa: Power Quality Equipment Market

10.5.1     Middle East and Africa: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2     Middle East and Africa: Power Quality Equipment Market, By Equipment

10.5.3     Middle East and Africa: Power Quality Equipment Market, By Phase

10.5.4     Middle East and Africa: Power Quality Equipment Market, By End-Users

10.5.5     Middle East and Africa: Power Quality Equipment Market, By Country

10.5.5.1   South Africa: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.1.1    South Africa: Power Quality Equipment Market, By Equipment

10.5.5.1.2    South Africa: Power Quality Equipment Market, By Phase

10.5.5.1.3    South Africa: Power Quality Equipment Market, By End-Users

10.5.5.2   Saudi Arabia: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1    Saudi Arabia: Power Quality Equipment Market, By Equipment

10.5.5.2.2    Saudi Arabia: Power Quality Equipment Market, By Phase

10.5.5.2.3    Saudi Arabia: Power Quality Equipment Market, By End-Users

10.5.5.3   U.A.E: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.3.1    U.A.E: Power Quality Equipment Market, By Equipment

10.5.5.3.2    U.A.E: Power Quality Equipment Market, By Phase

10.5.5.3.3    U.A.E: Power Quality Equipment Market, By End-Users

10.5.5.4   Rest of Middle East and Africa: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.4.1    Rest of Middle East and Africa: Power Quality Equipment Market, By Equipment

10.5.5.4.2    Rest of Middle East and Africa: Power Quality Equipment Market, By Phase

10.5.5.4.3    Rest of Middle East and Africa: Power Quality Equipment Market, By End-Users

10.6    South America: Power Quality Equipment Market

10.6.1     South America: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2     South America: Power Quality Equipment Market, By Equipment

10.6.3     South America: Power Quality Equipment Market, By Phase

10.6.4     South America: Power Quality Equipment Market, By End-Users

10.6.5     South America: Power Quality Equipment Market, By Country

10.6.5.1   Brazil: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.1.1    Brazil: Power Quality Equipment Market, By Equipment

10.6.5.1.2    Brazil: Power Quality Equipment Market, By Phase

10.6.5.1.3    Brazil: Power Quality Equipment Market, By End-Users

10.6.5.2   Argentina: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.2.1    Argentina: Power Quality Equipment Market, By Equipment

10.6.5.2.2    Argentina: Power Quality Equipment Market, By Phase

10.6.5.2.3    Argentina: Power Quality Equipment Market, By End-Users

10.6.5.3   Rest of South America: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.3.1    Rest of South America: Power Quality Equipment Market, By Equipment

10.6.5.3.2    Rest of South America: Power Quality Equipment Market, By Phase

10.6.5.3.3    Rest of South America: Power Quality Equipment Market, By End-Users

11.         Power Quality Equipment Market - Covid-19 Impact Analysis

11.1    Overview

11.2    North America: Impact Assessment of Covid-19 Pandemic

11.3    Europe: Impact Assessment of Covid-19 Pandemic

11.4    Asia Pacific: Impact Assessment of Covid-19 Pandemic

11.5    Middle East & Africa: Impact Assessment of Covid-19 Pandemic

11.6    South America Impact Assessment of Covid-19 Pandemic

12.         Industry Landscape

12.1    Market Initiative

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       Word Index

LIST OF TABLES

Table 1.            Global Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Table 2.            North America Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 3.            North America Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 4.            North America Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 5.            North America: Power Quality Equipment Market Revenue Share, By Country

Table 6.            US Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 7.            US Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 8.            US Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 9.            Canada Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 10.          Canada Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Canada Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Mexico Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 13.          Mexico Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Mexico Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Europe Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 16.          Europe Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 17.          Europe Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Europe Power Quality Equipment Market, By Country – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Germany Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 20.          Germany Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Germany Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 22.          France Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 23.          France Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 24.          France Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 25.          Italy Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 26.          Italy Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Italy Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 28.          UK Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 29.          UK Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 30.          UK Power Quality Equipment Market, By End-Users– Revenue and Forecast to 2028 (US$ Million)

Table 31.          Russia Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 32.          Russia Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 33.          Russia Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 34.          Rest of Europe Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 35.          Rest of Europe Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 36.          Rest of Europe Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 37.          Asia-Pacific Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 38.          Asia-Pacific Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 39.          Asia-Pacific Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 40.          Asia-Pacific Power Quality Equipment Market, By Country – Revenue and Forecast to 2028 (US$ Million)

Table 41.          Australia Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 42.          Australia Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 43.          Australia Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 44.          China Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 45.          China Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 46.          China Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 47.          India Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 48.          India Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 49.          India Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 50.          Japan Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 51.          Japan Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 52.          Japan Power Quality Equipment Market, By End-Users– Revenue and Forecast to 2028 (US$ Million)

Table 53.          South Korea Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 54.          South Korea Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 55.          South Korea Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 56.          Rest of Asia-Pacific Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028  (US$ Million)

Table 57.          Rest of Asia-Pacific Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 58.          Rest of Asia-Pacific Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028  (US$ Million)

Table 59.          Middle East and Africa Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028  (US$ Million)

Table 60.          Middle East and Africa Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 61.          Middle East and Africa Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028  (US$ Million)

Table 62.          Middle East and Africa Power Quality Equipment Market, By Country – Revenue and Forecast to 2028  (US$ Million)

Table 63.          South Africa Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 64.          South Africa Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 65.          South Africa Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 66.          Saudi Arabia Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 67.          Saudi Arabia Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 68.          Saudi Arabia Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 69.          U.A.E Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 70.          U.A.E Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 71.          U.A.E Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 72.          Rest of Middle East and Africa Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 73.          Rest of Middle East and Africa Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 74.          Rest of Middle East and Africa Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 75.          South America Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 76.          South America Power Quality Equipment Market, By Phase– Revenue and Forecast to 2028 (US$ Million)

Table 77.          South America Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 78.          SAM Power Quality Equipment Market, by Country – Revenue and Forecast to 2028 (USD Million)

Table 79.          Brazil Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 80.          Brazil Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 81.          Brazil Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 82.          Argentina Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028 (US$ Million)

Table 83.          Argentina Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028 (US$ Million)

Table 84.          Argentina Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028 (US$ Million)

Table 85.          Rest of South America Power Quality Equipment Market, By Equipment– Revenue and Forecast to 2028  (US$ Million)

Table 86.          Rest of South America Power Quality Equipment Market, By Phase – Revenue and Forecast to 2028  (US$ Million)

Table 87.          Rest of South America Power Quality Equipment Market, By End-Users – Revenue and Forecast to 2028  (US$ Million)

Table 88.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Power Quality Equipment Market Segmentation

Figure 2.           Power Quality Equipment Market Segmentation – By Geography

Figure 3.           Global Power Quality Equipment Market Overview

Figure 4.           Power Quality Equipment Market, By Equipment

Figure 5.           Power Quality Equipment Market, By Phase

Figure 6.           Power Quality Equipment Market, By End-User

Figure 7.           Power Quality Equipment Market, By Geography

Figure 8.           North America PEST Analysis

Figure 9.           Europe PEST Analysis

Figure 10.        APAC – PEST Analysis

Figure 11.        MEA PEST Analysis

Figure 12.        SAM PEST Analysis

Figure 13.        Power quality equipment Market- Ecosystem Analysis

Figure 14.        Power Quality Equipment Market Impact Analysis of Drivers and Restraints

Figure 15.        Geographic Overview of Power Quality Equipment Market

Figure 16.        Global Power Quality Equipment Market Revenue Forecast and Analysis (US$ Million)

Figure 17.        Power Quality Equipment Market, by Type (2020 & 2028)

Figure 18.        Uninterruptable Power Supply (UPS): Power Quality Equipment Market Revenue and Forecast to 2028  (US$ Million)

Figure 19.        Harmonic Filters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Static VAR Compensator: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Power Quality Meters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Power Quality Equipment Market, by Phase (2020 & 2028)

Figure 24.        Single Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Three Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Power Quality Equipment Market, by Industry (2020 & 2028)

Figure 27.        Industrial and Manufacturing: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Commercial: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Global Power Quality Equipment Market Revenue Share, By Region (2020 and 2028)

Figure 31.        North America: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        North America: Power Quality Equipment Market Revenue Share, By Equipment (2020 and 2028)

Figure 33.        North America: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 34.        North America: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 35.        North America: Power Quality Equipment Market Revenue Share, By Country (2020 and 2028)

Figure 36.        US: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Canada: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Mexico: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Europe: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Europe: Power Quality Equipment Market Revenue Share, By Equipment (2020 and 2028)

Figure 41.        Europe: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 42.        Europe: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 43.        Europe: Power Quality Equipment Market Revenue Share, By Country (2020 and 2028)

Figure 44.        Germany: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        France: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46.        Italy: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47.        UK: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48.        Russia: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49.        Rest of Europe: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50.        Asia-Pacific: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51.        Asia-Pacific: Power Quality Equipment Market Revenue Share, By Equipment (2020 and 2028)

Figure 52.        Asia-Pacific: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 53.        Asia-Pacific: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 54.        Asia-Pacific: Power Quality Equipment Market Revenue Share, By Country (2020 and 2028)

Figure 55.        Australia: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56.        China: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57.        India: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58.        Japan: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59.        South Korea: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60.        Rest of Asia-Pacific: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61.        Middle East and Africa: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62.        Middle East and Africa: Power Quality Equipment Market Revenue Share, By Equipment (2020 and 2028)

Figure 63.        Middle East and Africa: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 64.        Middle East and Africa: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 65.        Middle East and Africa: Power Quality Equipment Market Revenue Share, By Country (2020 and 2028)

Figure 66.        South Africa: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67.        Saudi Arabia: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68.        U.A.E: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69.        Rest of Middle East and Africa: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 70.        South America: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 71.        South America: Power Quality Equipment Market Revenue Share, By Equipment (2020 and 2028)

Figure 72.        South America: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 73.        South America: Power Quality Equipment Market Revenue Share, By Phase (2020 and 2028)

Figure 74.        South America: Power Quality Equipment Market Revenue Share, By Country (2020 and 2028)

Figure 75.        Brazil: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 76.        Argentina: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 77.        Rest of South America: Power Quality Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 78.        Impact of Covid-19 Pandemic in North American Country Markets

Figure 79.        Impact of Covid-19 Pandemic in Europe Country Markets

Figure 80.        Impact of Covid-19 Pandemic in Asia Pacific Country Markets

Figure 81.        Impact of Covid-19 Pandemic In Middle East & Africa Country Markets

Figure 82.        Impact of Covid-19 Pandemic in South America Country Markets

 

The List of Companies - Power Quality Equipment Market

  1. Acumentrics
  2. Emerson Electric Co.
  3. AMETEK Inc.
  4. Eaton
  5. General Electric Company
  6. Schneider Electric SE
  7. Siemens AG
  8. Toshiba Energy Systems & Solutions Corporation
  9. Hitachi ABB Power Grids Group
  10. Piller Group GmbH
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global 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 global automated waste collection system 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 global market trends and outlook coupled with the factors driving the 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.

 

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Frequently Asked Questions

The demand for power quality equipment (PQE) is gaining traction due to the rising application of PQE at electric vehicles (EVs) power station. The equipment provides a stable power frequency to charge electric vehicles and avoid any voltage deviation while charging. The increasing number of electric vehicles globally is poised to increase the EVs charging stations, and it is expected to set a future trend for power quality equipment

In the industrial and manufacturing sector, three phase power supply is used to a large extent. Since load is very high for industrial and manufacturing applications, it is not viable to use single phase power supply. The manufacturing and industrial segment is estimated to have a notable market share of the power quality equipment market during the forecast period from 2021 to 2028.

The US, Canada, and Mexico are the key contributors to the North America power quality equipment market. The US and Canada are developed countries in terms of modern technologies, standard of living, and infrastructure. North America is one of the frontrunners in terms of developing and accepting new, advanced technologies. Also, North America is attracting region for massive foreign direct investment in manufacturing and creating an opportunity for more power consumption.

An uninterruptable power supply (UPS) is a kind of electrical equipment which supplies power to the load when the main source or input source of power fails, especially in case of emergency. The on-battery run time of many uninterruptible power supply systems is comparatively short; however, it is enough to start a standby source of power or shut down the protected equipment properly. It is a kind of continual power system. These UPS systems are typically utilized widely for protecting hardware such as data centers, computers, telecommunication equipment, and other electrical equipment.

In the wake of global warming due to rising carbon pollution from burning fossil fuels, coal, and natural gas, the demand for renewable energy sources is increasing gradually. This, in turn, is creating an opportunity for power quality equipment market, as a significant increase in the number of renewable power generation projects is expected in upcoming years. This focus on renewable energy projects is anticipated to increase the demand for power quality equipment to measure the quality of the power generated in distribution substations.

Rapid growth of manufacturing industries and processing sector worldwide is boosting the electricity consumption. Industrial manufacturing and food processing sectors are among the largest consumers of electricity, followed by other sectors such as transportation, healthcare, commercial, and residential. Factors such as rising population, growing disposable income, and increasing digitalization are enabling consumers for online purchasing and payments in the Asia Pacific region.

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