The Power Quality Equipment Market Size was valued at USD 34.20 billion in 2023 and is expected to reach USD 58.81 billion by 2032 and grow at a CAGR of 6.21% over the forecast period 2024-2032. Growing adoption of digital transformation and AI-based monitoring systems for real-time power quality analysis and predictive maintenance drive market growth. Demand is also driven by the growing penetration of renewable energy sources, increasing smart grid activity, and Also, regulatory policies enforced for the power factor correction and harmonic mitigation, and the increasing industrial automation and data center growth is expected to propel the market growth.
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Improved voltage regulation technologies, along with the exigency of reducing energy losses and equipment downtime, drive adoption across industries. R&D and High-End Power Quality Solutions: Emerging Prominence In key sectors such as manufacturing, utilities, and commercial infrastructure, the market also reflects a strong investment in R&D and advanced power-quality solutions.
Drivers:
Digitalization, Renewable Energy, and Data Centers Driving Power Quality Equipment Demand
This transformation of the power quality equipment market is driven by industrial digitalization, data center expansion, and renewable energy adoption. With the growth of Industry 4.0 and smart manufacturing, the demand for reliable power solutions has significantly increased, especially in high-tech industries such as South Korea’s semiconductor sector, which is set for a USD 451 billion investment over the next ten years. Meanwhile data centers consuming 3% of the global electricity require power monitoring & conditioning equipment to minimize losses and consequently, secure operational continuity. Moreover, the global shift towards renewable energy, including Saudi Arabia’s 27.3 GW solar and wind initiative, has increased the demand for harmonic filtration and the need for voltage regulation to stabilize the grid and integrate variable energy sources. The convergence of industrial automation, robust digital infrastructure, and clean energy is revolutionizing the power quality equipment space.
Restraints:
Integration Challenges of Power Quality Solutions in Legacy Systems
Compatibility with legacy infrastructure makes retrofitting power quality solutions into a power grid or industrial set up extremely challenging. News- Older systems are difficult to tailor to modern power quality device and require substantial customization and engineering efforts. This level of complexity results in a higher cost of ownership, and longer time to value. Moreover, the incorporation of distributed energy resources like rooftop solar panels and batteries creates two-way power flows, which are outside what traditional grids were intended to handle, complicating the integration process even further. Utilities must find innovative solutions to seamlessly incorporate these resources while maintaining reliable and efficient grid operations.
Opportunities:
Escalating Data Center Power Demand Fuels Growth in Power Quality Solutions
The rapid expansion of data centers, fueled by cloud computing, AI, and IoT, is significantly increasing the demand for power quality equipment to enhance energy efficiency and prevent downtime. Data centers classically ran at 20 megawatts in size, but the latest facilities can now accommodate 1,000 megawatts (1 gigawatt)—the equivalent of powering an entire major U.S. city. American Electric Power (AEP) announced a forecast for 9% annual retail load growth over the next three years, which could potentially facilitate 20 gigawatts of new load growth by 2030. With increasing demands for power, guaranteeing a stable and reliable power supply is essential, fueling investments in power quality solutions to enable around-the-clock operations in this just-in-time networked economy.
Challenges:
Impact of Raw Material Price Volatility on the Power Quality Equipment Market
The Power Quality Equipment manufacturers, like every other electronic manufacturers out there, such as semiconductor manufacturers and capacitor manufacturers; are not only facing high volatility in raw material prices due to inflation and supply-demand crisis, but some of them are also being affected by the fluctuating prices of critical components. Additionally, the rising cost of copper and rare earth materials used in transformers and capacitors has put pressure on manufacturers’ profit margins. These price fluctuations not only affect production costs but also lead to higher end-user prices, potentially limiting market adoption. To mitigate these risks, companies are increasingly exploring alternative materials, localized sourcing, and strategic inventory management to maintain cost efficiency and supply chain stability.
By Equipment
In 2023, the Uninterruptible Power Supply (UPS) segment held the largest market share, accounting for approximately 44% of total revenue. UPS systems are pivotal in delivering power stability across a spectrum of applications, including data centers, industrial automation, healthcare and IT infrastructure, which helps explain their dominance. Demand for UPS solutions to prevent outages and data loss has skyrocketed, due to the growing dependence on cloud computing, AI-enabled workloads, and IoT applications. Additionally, increasing concerns regarding power outages and grid instability particularly in developing countries are expected to contribute to UPS adoption. Market growth is likely to continue due to increasing adoption of advanced lithium-ion battery technologies and modular UPS designs, as businesses focus on energy efficiency and continuity.
The Surge Protection Devices (SPD) segment is projected to be the fastest-growing category in the Power Quality Equipment Market from 2024 to 2032. growing concerns regarding electrical surges due to lightning attack, power grid fluctuations, and industrial work activities are few of the factors for this growth. The increasing prevalence of IoT devices, automation, and renewable energy systems makes it imperative for SPDs to protect sensitive electronics and avoid expensive downtime. Further, stringent regulatory requirements focusing on electrical safety and reliability are propelling the market growth. The demand is particularly strong in data centers, manufacturing facilities, and commercial buildings, where uninterrupted power supply is critical.
By Phase
The Three-Phase segment held the largest revenue share of 72% in the Power Quality Equipment Market in 2023, due to the increasing usage of three-phase power quality equipment for use in industrial, commercial, and large-scale infrastructure. Compared to single-Phase systems, Three-Phase systems provide optimal system efficiency, stability and power distribution which makes them inevitable for industries operating heavy equipment, automation systems and high power loads. Installation of renewable energy, data centres and smart grids has also contributed to continued demand for three-Phase. Additionally, government initiatives promoting industrial automation and electrification continue to reinforce the segment’s dominance in the market.
The Single-Phase segment is projected to be the fastest-growing in the Power Quality Equipment Market from 2024 to 2032, owing to growing demand in residential, and small-scale commercial, and telecom applications. As we move toward smart homes, electric vehicle (EV) charging stations, and distributed energy resources, the demand for efficient voltage regulation, power backup, and surge protection in single-Phase systems is expanding significantly. Moreover, increasing rural electrification programs and rise of IoT-enabled devices will drive the adoption of single-Phase power solutions. New innovations in compact UPS systems, voltage stabilizers, and surge protection devices are further driving market growth in this segment and development.
By End Use
The Industrial & Manufacturing segment held the largest revenue share of approximately 46% in 2023, due to increasing adoption of automation, robotics, and Industry 4.0 technologies. As many aspects of the sector are digitally powered, sensitive electronic and high-power equipment and continuous production lines, the requirement of voltage regulation, harmonic filtering, and back-up power solutions has increased to avoid high downtime and equipment failures. Additionally, the increasing integration of renewable energy sources in industrial operations has created demand for advanced power conditioning equipment to maintain grid stability. As manufacturing hubs expand in Asia-Pacific and North America, investments in power quality solutions are expected to grow significantly.
The commercial segment is projected to be the fastest-growing end-use sector in the Power Quality Equipment Market from 2024 to 2032, driven to growing power requirements from data centers, offices, healthcare units, & retail establishments. With the boom towards cloud, AI and IoT, digital infrastructure has exploded and so have the demand for uninterruptible power supply (UPS) systems, voltage regulators and surge protection devices to ensure continuous supply of power. The increasing emphasis on energy efficiency and sustainability in commercial buildings is also fueling investments in power conditioning solution. With urbanization and commercial development accelerating globally, the segment is expected to witness substantial adoption of power quality equipment.
The Asia-Pacific region dominated the Power Quality Equipment Market in 2023, accounting for 47% of total revenue, driven by rapid industrialization, urbanization, and increasing electricity demand. Countries like China, India, and Japan are leading due to heavy investments in industrial automation, data centers, and renewable energy integration, which require advanced power quality solutions. China’s expanding manufacturing sector, India's smart grid initiatives, and Japan’s focus on energy efficiency and backup power solutions have significantly boosted demand. Additionally, the region's strong investments in commercial infrastructure and high-tech industries are further propelling the market. With continued economic growth and increasing electrification, Asia-Pacific is expected to maintain its leadership in power quality equipment adoption.
North America is the fastest-growing region in the Power Quality Equipment Market due to the increasing demand for data centers and the integration of renewable energy along with industrial automation. The US increasing demand investments in cloud computing, AI, and IoT which in turn impacts growth of UPS, voltage regulators, and surge protection devices. More grid modernization projects and an expansion of Canada’s renewable energy infrastructure are underway to drive demand even further. The proliferation of electric vehicles (EVs) and smart grids throughout the region has also amplified the demand for advanced power quality solutions. With technological advancements and strong government initiatives, North America is set to witness significant market expansion over the forecast period.
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Some of the major key Players in Power Quality Equipment Market along with their product:
ABB Ltd. (Switzerland) (UPS, Voltage Regulators, Surge Protection Devices)
General Electric Company (US) (Power Quality Meters, Voltage Regulators, UPS)
Schneider Electric (France) (Harmonic Filters, UPS, Surge Protection Devices)
Siemens AG (Germany) (Power Quality Meters, Voltage Regulators, UPS)
Emerson Electric Company (US) (UPS, Surge Protection Devices, Harmonic Filters)
Eaton Corporation Plc (Ireland) (UPS, Power Quality Meters, Surge Protection Devices)
Active Power Inc. (US) (UPS, Voltage Regulators)
MTE Corporation (US) (Harmonic Filters, Power Quality Meters)
Smiths Group plc. (UK) (Surge Protection Devices, Power Quality Meters)
Toshiba Corporation (Japan) (UPS, Voltage Regulators)
Honeywell International, Inc. (US) (Surge Protection Devices, Power Quality Meters)
Leviton Manufacturing Co., Inc. (US) (Surge Protection Devices, Voltage Regulators)
Legrand (France) (Surge Protection Devices, Harmonic Filters)
Piller Power Systems (Germany) (UPS, Voltage Regulators)
Vertiv Group Corp. (US) (UPS, Power Quality Meters, Harmonic Filters
List of Suppliers who provide raw material and component for Power Quality Equipment Market:
Electris
thyssenkrupp Materials NA
IRG Power Systems
Taiyo Yuden Co., Ltd.
Supreme Components International Pte. Ltd.
Megger Group Limited
Jan 10, 2025 – Emerson released the AVENTICS™ DS1 Dewpoint Sensor, an advanced power quality equipment that monitors dew point, temperature, humidity and air quality in real time. It prevents any loss of equipment due to moisture damage for a more reliable process and less maintenance downtime.
March 18, 2024 – GE Vernova’s Power Conversion business won a contract with ST Engineering Marine Limited to provide Integrated Full Electric Propulsion (IFEP) systems for six new Multi-Role Combat Vessels (MRCVs) for the Republic of Singapore Navy. As part of the contract, they will provide state-of-the-art power quality equipment to optimize power distribution and management within the fleet. The systems will be delivered over the next 10 years.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 34.20 Billion |
| Market Size by 2032 | USD 58.81 Billion |
| CAGR | CAGR of 6.21 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Equipment (Power Quality Meters, Surge Protection Devices, Harmonic Filters, Voltage Regulators, Uninterruptable Power Supply (UPS), Others) • By Phase (Single-Phase, Three Phase) • By End Use (Residential, Commercial, Industrial & Manufacturing, Utilities, Transportation) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | 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), Toshiba Corporation (Japan), Honeywell International, Inc. (US), Leviton Manufacturing Co., Inc. (US), Legrand (France), Piller Power Systems (Germany), Vertiv Group Corp. (US). |
Ans: The Power Quality Equipment Market grow at a CAGR of 6.21% over the forecast period of 2024-2032.
Ans: The Power Quality Equipment Market Size was valued at USD 34.20 billion in 2023 and is expected to reach USD 58.81 billion by 2032.
Ans: The major growth factor of the Power Quality Equipment Market is the increasing demand for reliable power solutions driven by data center expansion, renewable energy integration, and industrial automation.
Ans: The Three Phase segment dominated the Power Quality Equipment Market.
Ans: Asia-Pacific dominated the Power Quality Equipment Market in 2023.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Digital Transformation & AI Impact Metrics
5.2 Industry-Specific Performance Metrics
5.3 Regulatory & Adoption Trends
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Power Quality Equipment Market Segmentation, by Equipment
7.1 Chapter Overview
7.2 Power Quality Meters
7.2.1 Power Quality Meters Market Trends Analysis (2020-2032)
7.2.2 Power Quality Meters Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Surge Protection Devices
7.3.1 Surge Protection Devices Market Trends Analysis (2020-2032)
7.3.2 Surge Protection Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Harmonic Filters
7.4.1 Harmonic Filters Market Trends Analysis (2020-2032)
7.4.2 Harmonic Filters Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Voltage Regulators
7.5.1 Voltage Regulators Market Trends Analysis (2020-2032)
7.5.2 Voltage Regulators Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Uninterruptable Power Supply (UPS)
7.5.1 Uninterruptable Power Supply (UPS) Market Trends Analysis (2020-2032)
7.5.2 Uninterruptable Power Supply (UPS) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Others
7.5.1 Others Market Trends Analysis (2020-2032)
7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Power Quality Equipment Market Segmentation, by Phase
8.1 Chapter Overview
8.2 Single Phase
8.2.1 Single Phase Market Trends Analysis (2020-2032)
8.2.2 Single Phase Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Three Phase
8.3.1 Three Phase Market Trends Analysis (2020-2032)
8.3.2 Three Phase Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Power Quality Equipment Market Segmentation, by End Use
9.1 Chapter Overview
9.2 Residential
9.2.1 Residential Market Trends Analysis (2020-2032)
9.2.2 Residential Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Commercial
9.3.1 Commercial Market Trends Analysis (2020-2032)
9.3.2 Commercial Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Industrial & Manufacturing
9.4.1 Industrial & Manufacturing Market Trends Analysis (2020-2032)
9.4.2 Industrial & Manufacturing Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Utilities
9.5.1 Utilities Market Trends Analysis (2020-2032)
9.5.2 Utilities Market Size Estimates and Forecasts to 2032 (USD Billion)
9.6 Transportation
9.6.1 Transportation Market Trends Analysis (2020-2032)
9.6.2 Transportation Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.2.4 North America Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.5 North America Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.2.6.2 USA Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.6.3 USA Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.2.7.2 Canada Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.7.3 Canada Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.2.8.2 Mexico Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.2.8.3 Mexico Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.1.6.2 Poland Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.6.3 Poland Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.1.7.2 Romania Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.7.3 Romania Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.4 Western Europe Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.5 Western Europe Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.6.2 Germany Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.6.3 Germany Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.7.2 France Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.7.3 France Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.8.2 UK Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.8.3 UK Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.9.2 Italy Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.9.3 Italy Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.10.2 Spain Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.10.3 Spain Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.13.2 Austria Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.13.3 Austria Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4 Asia-Pacific
10.4.1 Trends Analysis
10.4.2 Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.4 Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.5 Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.6.2 China Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.6.3 China Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.7.2 India Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.7.3 India Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.8.2 Japan Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.8.3 Japan Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.9.2 South Korea Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.9.3 South Korea Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.10.2 Vietnam Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.10.3 Vietnam Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.11.2 Singapore Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.11.3 Singapore Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.12.2 Australia Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.12.3 Australia Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.4.13 Rest of Asia-Pacific
10.4.13.1 Rest of Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia-Pacific Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.1.4 Middle East Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.5 Middle East Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.1.6.2 UAE Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.6.3 UAE Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.2.4 Africa Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.5 Africa Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Power Quality Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.6.4 Latin America Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.5 Latin America Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.6.6.2 Brazil Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.6.3 Brazil Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.6.7.2 Argentina Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.7.3 Argentina Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.6.8.2 Colombia Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.8.3 Colombia Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Power Quality Equipment Market Estimates and Forecasts, by Equipment (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Power Quality Equipment Market Estimates and Forecasts, by Phase (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Power Quality Equipment Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11. Company Profiles
11.1 ABB Ltd.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 General Electric Company
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Schneider Electric
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Siemens AG
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Emerson Electric Company
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Eaton Corporation Plc
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Active Power Inc.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 MTE Corporation
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Smiths Group plc
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Toshiba Corporation
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
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This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Equipment
Power Quality Meters
Surge Protection Devices
Harmonic Filters
Voltage Regulators
Uninterruptable Power Supply (UPS)
Others
By Phase
Single-Phase
Three Phase
By End Use
Residential
Commercial
Industrial & Manufacturing
Utilities
Transportation
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Romania
Hungary
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Rest of Eastern Europe
Western Europe
Germany
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Netherlands
Switzerland
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Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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