Global Power Quality Equipment Market is expected to rise at a significant CAGR during the forecast period. Power quality equipment is equipment used for the regulation of power and for the provision of standard power quality. It helps ensure a steady supply of voltage within a given range. Power quality is discussed, usually based on many parameters. Standard parameters such as flicker, current, harmonics, voltage dips, power, voltage and transients are controlled by a power quality measurement device. According to a study published by the National Load Depatch Center (NLDC), hydropower generation increased by 30% to 465 million units per day in 2019. Hydel, solar and wind power generation accounted for a total of 831 million units, equal to 10 GW of power, and increased by almost 40%. This shows that the demand for electricity has grown over the years.
The key players operating in the global power quality equipment market are ABB, Ltd. (Switzerland), General Electric Company (US), Schneider Electric (France), Siemens AG (Germany), Emerson Electric Company (US), Eaton Corporation, Plc (Ireland), Active Power, Inc. (US), MTE Corporation (US), Smiths Group plc. (UK), and Toshiba Corporation (Japan). In 2018, Schneider Electric announced the Power Logic ION9000 series, the world’s most advanced, most accurate power quality and energy metre. This recent addition to the Power Logic range of power and energy metres offers the most complete and creative power analysis approach for critical power applications.
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Company Profile
- ALPHA POWER SYSTEMS
- CYBER POWER SYSTEMS
- DRANETZ TECHNOLOGIES
- LA MARCHE
- S&C ELECTRIC
Market Segmentation
By Equipment
- Surge Arresters
- Surge Protection Devices
- Harmonic Filters
- Power Conditioning Units
- Power Distribution Units
- Uninterruptable Power Supply
By End-User
- Industrial & manufacturing
- Commercial
- Residential
- Transportation
- Utilities
Scope of the Report
The research study analyzes the global Power Quality Equipment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Power Quality Equipment Market Report
1. What was the Power Quality Equipment Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Power Quality Equipment Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Power Quality Equipment Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Power Quality Equipment market.
- The market share of the global Power Quality Equipment market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Power Quality Equipment market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Power Quality Equipment market.
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