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Power Quality Equipment Market By Equipment, By Phase, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 298 Pages
  • August 2022
  • Region: Global
  • Allied Market Research
  • ID: 5671148
The global power quality equipment market was valued at $28.5 billion in 2021, and is projected to reach $49.6 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.

The power supply system can only control the quality of the voltage; it has no control over the currents that particular loads might draw. Therefore, the standards in the power quality are related to maintaining the supply voltage within certain limits. In order to regulate, provide, and maintain consistent power quality, power quality equipment is widely used in the residential and commercial sectors. In addition, it is used to maintain a constant voltage supply and minimize the need for various devices in a system. Power quality equipment has several advantages, including preventing early ageing of equipment, improving efficiency, preventing damages, and preventing data loss. In addition, harmonic filters, isolation transformers, power quality meters, and compensators are some of the most often utilized pieces of power quality equipment.

Rise in demand for cleaner and alternative forms of energy due to rapid urbanization and industrialization is expected to drive the growth of the market during the forecast period. In addition, the development and upgradation of existing grid infrastructure across North America, and Asia-Pacific is anticipated to fuel the growth of the market during the analyzed time frame. However, rise in cost of raw materials used in the production of power quality equipment is projected to hamper the growth of the market in the coming years. On the contrary, rise in investment in manufacturing and processing sectors, the rapid growth of the renewable energy sector, and others are anticipated to create opportunity for key players operating in the power quality equipment market globally.

For the purpose of analysis, the global power quality equipment market is segmented into equipment, phase, end user, and region. The study highlights various power quality equipment available in the market such as UPS, harmonic filters, surge protection devices, voltage regulators, and static VAR compensators. On the basis of phase, the report includes revenue generated through three phase and single phase. The key end users of power quality equipment are residential, commercial, and industrial. Moreover, it analyzes the current market trends of power quality equipment across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.

Key players operating in the global power quality equipment market are ABB, Ltd., Ametek Inc., Acumentrics, Inc., Eaton Corporation, Emerson Electric Co. General Electric, Honeywell International Inc, Infinite Electronics International, Inc., Legrand, Leviton Manufacturing Co., Inc., MTE Meter Test Equipment AG, Piller Power Systems, Schneider Electric, Smiths Group plc., and Toshiba Corporation.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the power quality equipment market analysis from 2021 to 2031 to identify the prevailing power quality equipment market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the power quality equipment market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global power quality equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By End User

  • Residential
  • Commercial
  • Industrial

By Equipment

  • Harmonic Filters
  • Surge Protection Devices
  • Voltage Regulators
  • Static VAR compensators
  • Others
  • UPS

By Phase

  • Single Phase
  • Three Phase

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA

Key Market Players

  • ABB Ltd
  • AMETEK Inc
  • EATON CORPORATION PLC
  • Emerson Electric Co
  • General Electric
  • Honeywell International Inc.
  • Legrand
  • Leviton Manufacturing Co.
  • MTE Meter Test Equipment AG
  • Piller Power Systems

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: POWER QUALITY EQUIPMENT MARKET, BY EQUIPMENT
4.1 Overview
4.1.1 Market size and forecast
4.2 UPS
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Harmonic Filters
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Surge Protection Devices
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Voltage Regulators
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Static VAR compensators
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 Others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country
CHAPTER 5: POWER QUALITY EQUIPMENT MARKET, BY PHASE
5.1 Overview
5.1.1 Market size and forecast
5.2 Single Phase
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Three Phase
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: POWER QUALITY EQUIPMENT MARKET, BY END USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Residential
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Commercial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Industrial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: POWER QUALITY EQUIPMENT MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Equipment
7.2.3 North America Market size and forecast, by Phase
7.2.4 North America Market size and forecast, by End User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Equipment
7.2.5.1.2 Market size and forecast, by Phase
7.2.5.1.3 Market size and forecast, by End User
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Equipment
7.2.5.2.2 Market size and forecast, by Phase
7.2.5.2.3 Market size and forecast, by End User
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Equipment
7.2.5.3.2 Market size and forecast, by Phase
7.2.5.3.3 Market size and forecast, by End User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Equipment
7.3.3 Europe Market size and forecast, by Phase
7.3.4 Europe Market size and forecast, by End User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Equipment
7.3.5.1.2 Market size and forecast, by Phase
7.3.5.1.3 Market size and forecast, by End User
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Equipment
7.3.5.2.2 Market size and forecast, by Phase
7.3.5.2.3 Market size and forecast, by End User
7.3.5.3 UK
7.3.5.3.1 Market size and forecast, by Equipment
7.3.5.3.2 Market size and forecast, by Phase
7.3.5.3.3 Market size and forecast, by End User
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Equipment
7.3.5.4.2 Market size and forecast, by Phase
7.3.5.4.3 Market size and forecast, by End User
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Equipment
7.3.5.5.2 Market size and forecast, by Phase
7.3.5.5.3 Market size and forecast, by End User
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Equipment
7.3.5.6.2 Market size and forecast, by Phase
7.3.5.6.3 Market size and forecast, by End User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Equipment
7.4.3 Asia-Pacific Market size and forecast, by Phase
7.4.4 Asia-Pacific Market size and forecast, by End User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Equipment
7.4.5.1.2 Market size and forecast, by Phase
7.4.5.1.3 Market size and forecast, by End User
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Equipment
7.4.5.2.2 Market size and forecast, by Phase
7.4.5.2.3 Market size and forecast, by End User
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Equipment
7.4.5.3.2 Market size and forecast, by Phase
7.4.5.3.3 Market size and forecast, by End User
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Equipment
7.4.5.4.2 Market size and forecast, by Phase
7.4.5.4.3 Market size and forecast, by End User
7.4.5.5 Australia
7.4.5.5.1 Market size and forecast, by Equipment
7.4.5.5.2 Market size and forecast, by Phase
7.4.5.5.3 Market size and forecast, by End User
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Equipment
7.4.5.6.2 Market size and forecast, by Phase
7.4.5.6.3 Market size and forecast, by End User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Equipment
7.5.3 LAMEA Market size and forecast, by Phase
7.5.4 LAMEA Market size and forecast, by End User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Equipment
7.5.5.1.2 Market size and forecast, by Phase
7.5.5.1.3 Market size and forecast, by End User
7.5.5.2 South Africa,
7.5.5.2.1 Market size and forecast, by Equipment
7.5.5.2.2 Market size and forecast, by Phase
7.5.5.2.3 Market size and forecast, by End User
7.5.5.3 Saudi Arabia
7.5.5.3.1 Market size and forecast, by Equipment
7.5.5.3.2 Market size and forecast, by Phase
7.5.5.3.3 Market size and forecast, by End User
7.5.5.4 Rest of LAMEA
7.5.5.4.1 Market size and forecast, by Equipment
7.5.5.4.2 Market size and forecast, by Phase
7.5.5.4.3 Market size and forecast, by End User
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 ABB Ltd
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 AMETEK Inc
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 EATON CORPORATION PLC,
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Emerson Electric Co
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 General Electric
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Honeywell International Inc.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Legrand
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Leviton Manufacturing Co.
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 MTE Meter Test Equipment AG
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Piller Power Systems
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 2. Fish Finders Market Size, for Standalone, by Region, 2021-2031 ($Million)
Table 3. Fish Finders Market for Standalone, by Country, 2021-2031 ($Million)
Table 4. Fish Finders Market Size, for Combined, by Region, 2021-2031 ($Million)
Table 5. Fish Finders Market for Combined, by Country, 2021-2031 ($Million)
Table 6. Fish Finders Market Size, for Networked System, by Region, 2021-2031 ($Million)
Table 7. Fish Finders Market for Networked System, by Country, 2021-2031 ($Million)
Table 8. Global Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 9. Fish Finders Market Size, for Fixed, by Region, 2021-2031 ($Million)
Table 10. Fish Finders Market for Fixed, by Country, 2021-2031 ($Million)
Table 11. Fish Finders Market Size, for Portable, by Region, 2021-2031 ($Million)
Table 12. Fish Finders Market for Portable, by Country, 2021-2031 ($Million)
Table 13. Global Fish Finders Market, by Application, 2021-2031 ($Million)
Table 14. Fish Finders Market Size, for Recreational Fishing, by Region, 2021-2031 ($Million)
Table 15. Fish Finders Market for Recreational Fishing, by Country, 2021-2031 ($Million)
Table 16. Fish Finders Market Size, for Commercial Fishing, by Region, 2021-2031 ($Million)
Table 17. Fish Finders Market for Commercial Fishing, by Country, 2021-2031 ($Million)
Table 18. Fish Finders Market Size, for Professional Fishing, by Region, 2021-2031 ($Million)
Table 19. Fish Finders Market for Professional Fishing, by Country, 2021-2031 ($Million)
Table 20. Fish Finders Market Size, for Others, by Region, 2021-2031 ($Million)
Table 21. Fish Finders Market for Others, by Country, 2021-2031 ($Million)
Table 22. Fish Finders Market, by Region, 2021-2031 ($Million)
Table 23. North America Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 24. North America Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 25. North America Fish Finders Market, by Application, 2021-2031 ($Million)
Table 26. North America Fish Finders Market, by Country, 2021-2031 ($Million)
Table 27. U.S. Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 28. U.S. Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 29. U.S. Fish Finders Market, by Application, 2021-2031 ($Million)
Table 30. Canada Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 31. Canada Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 32. Canada Fish Finders Market, by Application, 2021-2031 ($Million)
Table 33. Mexico Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 34. Mexico Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 35. Mexico Fish Finders Market, by Application, 2021-2031 ($Million)
Table 36. Europe Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 37. Europe Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 38. Europe Fish Finders Market, by Application, 2021-2031 ($Million)
Table 39. Europe Fish Finders Market, by Country, 2021-2031 ($Million)
Table 40. United Kingdom Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 41. United Kingdom Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 42. United Kingdom Fish Finders Market, by Application, 2021-2031 ($Million)
Table 43. Germany Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 44. Germany Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 45. Germany Fish Finders Market, by Application, 2021-2031 ($Million)
Table 46. France Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 47. France Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 48. France Fish Finders Market, by Application, 2021-2031 ($Million)
Table 49. Italy Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 50. Italy Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 51. Italy Fish Finders Market, by Application, 2021-2031 ($Million)
Table 52. Russia Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 53. Russia Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 54. Russia Fish Finders Market, by Application, 2021-2031 ($Million)
Table 55. Rest of Europe Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 56. Rest of Europe Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 57. Rest of Europe Fish Finders Market, by Application, 2021-2031 ($Million)
Table 58. Asia-Pacific Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 59. Asia-Pacific Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 60. Asia-Pacific Fish Finders Market, by Application, 2021-2031 ($Million)
Table 61. Asia-Pacific Fish Finders Market, by Country, 2021-2031 ($Million)
Table 62. China Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 63. China Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 64. China Fish Finders Market, by Application, 2021-2031 ($Million)
Table 65. Japan Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 66. Japan Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 67. Japan Fish Finders Market, by Application, 2021-2031 ($Million)
Table 68. India Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 69. India Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 70. India Fish Finders Market, by Application, 2021-2031 ($Million)
Table 71. South Korea Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 72. South Korea Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 73. South Korea Fish Finders Market, by Application, 2021-2031 ($Million)
Table 74. Australia Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 75. Australia Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 76. Australia Fish Finders Market, by Application, 2021-2031 ($Million)
Table 77. Rest of Asia-Pacific Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 78. Rest of Asia-Pacific Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 79. Rest of Asia-Pacific Fish Finders Market, by Application, 2021-2031 ($Million)
Table 80. LAMEA Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 81. LAMEA Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 82. LAMEA Fish Finders Market, by Application, 2021-2031 ($Million)
Table 83. LAMEA Fish Finders Market, by Country, 2021-2031 ($Million)
Table 84. Latin America Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 85. Latin America Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 86. Latin America Fish Finders Market, by Application, 2021-2031 ($Million)
Table 87. Middle East Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 88. Middle East Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 89. Middle East Fish Finders Market, by Application, 2021-2031 ($Million)
Table 90. Africa Fish Finders Market, by Product Type, 2021-2031 ($Million)
Table 91. Africa Fish Finders Market, by Equipment Type, 2021-2031 ($Million)
Table 92. Africa Fish Finders Market, by Application, 2021-2031 ($Million)
Table 93. Brunswick Corporation: Company Snapshot
Table 94. Brunswick Corporation: Operating Segments
Table 95. Brunswick Corporation: Product Portfolio
Table 96. Brunswick Corporation: Net Sales
Table 97. Brunswick Corporation: Key Stratergies
Table 98. Deeper Uab: Company Snapshot
Table 99. Deeper Uab: Operating Segments
Table 100. Deeper Uab: Product Portfolio
Table 101. Deeper Uab: Net Sales
Table 102. Deeper Uab: Key Stratergies
Table 103. Furuno Electric Co. Ltd.: Company Snapshot
Table 104. Furuno Electric Co. Ltd.: Operating Segments
Table 105. Furuno Electric Co. Ltd.: Product Portfolio
Table 106. Furuno Electric Co. Ltd.: Net Sales
Table 107. Furuno Electric Co. Ltd.: Key Stratergies
Table 108. Garmin Ltd.: Company Snapshot
Table 109. Garmin Ltd.: Operating Segments
Table 110. Garmin Ltd.: Product Portfolio
Table 111. Garmin Ltd.: Net Sales
Table 112. Garmin Ltd.: Key Stratergies
Table 113. Gme Pty Ltd: Company Snapshot
Table 114. Gme Pty Ltd: Operating Segments
Table 115. Gme Pty Ltd: Product Portfolio
Table 116. Gme Pty Ltd: Net Sales
Table 117. Gme Pty Ltd: Key Stratergies
Table 118. Simrad: Company Snapshot
Table 119. Simrad: Operating Segments
Table 120. Simrad: Product Portfolio
Table 121. Simrad: Net Sales
Table 122. Simrad: Key Stratergies
Table 123. Humminbird: Company Snapshot
Table 124. Humminbird: Operating Segments
Table 125. Humminbird: Product Portfolio
Table 126. Humminbird: Net Sales
Table 127. Humminbird: Key Stratergies
Table 128. Johnson Outdoors Inc.: Company Snapshot
Table 129. Johnson Outdoors Inc.: Operating Segments
Table 130. Johnson Outdoors Inc.: Product Portfolio
Table 131. Johnson Outdoors Inc.: Net Sales
Table 132. Johnson Outdoors Inc.: Key Stratergies
Table 133. Lowrance: Company Snapshot
Table 134. Lowrance: Operating Segments
Table 135. Lowrance: Product Portfolio
Table 136. Lowrance: Net Sales
Table 137. Lowrance: Key Stratergies
Table 138. Norcross Marine Products: Company Snapshot
Table 139. Norcross Marine Products: Operating Segments
Table 140. Norcross Marine Products: Product Portfolio
Table 141. Norcross Marine Products: Net Sales
Table 142. Norcross Marine Products: Key Stratergies
Table 143. Samyung Enc.: Company Snapshot
Table 144. Samyung Enc.: Operating Segments
Table 145. Samyung Enc.: Product Portfolio
Table 146. Samyung Enc.: Net Sales
Table 147. Samyung Enc.: Key Stratergies
Table 148. Teledyne Technologies Inc.: Company Snapshot
Table 149. Teledyne Technologies Inc.: Operating Segments
Table 150. Teledyne Technologies Inc.: Product Portfolio
Table 151. Teledyne Technologies Inc.: Net Sales
Table 152. Teledyne Technologies Inc.: Key Stratergies
List of Figures
Figure 1. Power Quality Equipment Market Segmentation
Figure 2. Power Quality Equipment Market,2021-2031
Figure 3. Power Quality Equipment Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Power Quality Equipment Market:Drivers, Restraints and Opportunities
Figure 12. Power Quality Equipment Market,By Equipment,2021(%)
Figure 13. Comparative Share Analysis of Ups Power Quality Equipment Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Harmonic Filters Power Quality Equipment Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Surge Protection Devices Power Quality Equipment Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Voltage Regulators Power Quality Equipment Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Static Var Compensators Power Quality Equipment Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Others Power Quality Equipment Market,2021-2031(%)
Figure 19. Power Quality Equipment Market,By Phase,2021(%)
Figure 20. Comparative Share Analysis of Single Phase Power Quality Equipment Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Three Phase Power Quality Equipment Market,2021-2031(%)
Figure 22. Power Quality Equipment Market,By End-user,2021(%)
Figure 23. Comparative Share Analysis of Residential Power Quality Equipment Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Commercial Power Quality Equipment Market,2021-2031(%)
Figure 25. Comparative Share Analysis of Industrial Power Quality Equipment Market,2021-2031(%)
Figure 26. Power Quality Equipment Market by Region,2021
Figure 27. U.S. Power Quality Equipment Market,2021-2031($Million)
Figure 28. Canada Power Quality Equipment Market,2021-2031($Million)
Figure 29. Mexico Power Quality Equipment Market,2021-2031($Million)
Figure 30. Germany Power Quality Equipment Market,2021-2031($Million)
Figure 31. France Power Quality Equipment Market,2021-2031($Million)
Figure 32. Uk Power Quality Equipment Market,2021-2031($Million)
Figure 33. Italy Power Quality Equipment Market,2021-2031($Million)
Figure 34. Spain Power Quality Equipment Market,2021-2031($Million)
Figure 35. Rest of Europe Power Quality Equipment Market,2021-2031($Million)
Figure 36. China Power Quality Equipment Market,2021-2031($Million)
Figure 37. Japan Power Quality Equipment Market,2021-2031($Million)
Figure 38. India Power Quality Equipment Market,2021-2031($Million)
Figure 39. South Korea Power Quality Equipment Market,2021-2031($Million)
Figure 40. Australia Power Quality Equipment Market,2021-2031($Million)
Figure 41. Rest of Asia-Pacific Power Quality Equipment Market,2021-2031($Million)
Figure 42. Brazil Power Quality Equipment Market,2021-2031($Million)
Figure 43. South Africa, Power Quality Equipment Market,2021-2031($Million)
Figure 44. Saudi Arabia Power Quality Equipment Market,2021-2031($Million)
Figure 45. Rest of LAMEA Power Quality Equipment Market,2021-2031($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap of Top 10 Key Players
Figure 52. ABB Ltd.: Net Sales ,($Million)
Figure 53. Ametek Inc.: Net Sales ,($Million)
Figure 54. Eaton Corporation PLC,.: Net Sales ,($Million)
Figure 55. Emerson Electric Co.: Net Sales ,($Million)
Figure 56. General Electric.: Net Sales ,($Million)
Figure 57. Honeywell International Inc..: Net Sales ,($Million)
Figure 58. Legrand.: Net Sales ,($Million)
Figure 59. Leviton Manufacturing Co..: Net Sales ,($Million)
Figure 60. Mte Meter Test Equipment AG.: Net Sales ,($Million)
Figure 61. Piller Power Systems.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Power Quality Equipment Market," the power quality equipment market size was valued at $28.5 billion in 2021, and is estimated to reach $49.6 billion by 2031, growing at a CAGR of 5.8% from 2022 to 2031.

Power quality equipment is a device, which is extensively deployed in the residential and commercial sector for regulating, providing, and maintaining uniform power quality. It is further utilized to ensure a steady voltage supply and reduce the utility of multiple devices in a system. Power quality equipment offers various benefits, such as eliminating premature aging of equipment, enhanced efficiency avoiding damages, and avoiding loss of data. In addition to this, some of the most commonly used power quality equipment include harmonic filters, isolation transformers, power quality meters and compensators.

Significant development of end-user such as industrial, commercial, and residential is fueling the growth of the power quality equipment market, owing to a rise in demand for power quality equipment to operate the machineries & equipment in industries, and is thereby expected to drive the growth of the power quality equipment market during the forecast period. In addition, increase in demand for power quality equipment for grid stabilization applications from electric utilities such as power generation plants, transmission, distribution, industries and other utilities in developing economies, is driving the growth of the market, globally. However, availability of alternatives such as solid oxide fuel cells, isolation transformers and high cost associated with power quality equipment are expected to be the key factors hampering the growth of the global power quality equipment market in the upcoming years.

Depending on equipment, the UPS segment garnered the highest power quality equipment market share of about 37.9% in 2021, and is expected to maintain its dominance during the forecast period. This is attributed to rise in demand for electricity compensation from electric utilities such as transmission system, power plants, and other industrial applications. In addition, these supplies provide stable and reliable power to critical safety-related loads such as emergency lights and medical equipment, reduce or avoid production losses, minimize or eliminate production damage, avoid product or facility damages, and reduce or avoid electricity-using equipment damages, which are anticipated to fuel the global power quality equipment market growth in the coming years.

On the basis of phase, the three-phase segment acquired the largest share in 2021, in terms of revenue, and is expected to maintain its dominance during the forecast period. This is because it is used in commercial and industrial facilities to accommodate higher loads, and it delivers power at a steady & constant rate.

On the basis of end user, the industrial segment held the largest share in 2021, in terms of revenue, and is expected to maintain its dominance during the forecast period. Moreover, the growth of this segment is driven by a rise in demand for uninterrupted power supply to machines used in manufacturing and process industries, as any interruption or breakdown can result in significant losses, due to loss of production time. Utilities are key consumers of power quality equipment, owing to the fact that sheer size of electrical networks operated by utilities is larger than the industrial and transportation electric infrastructures. This is further anticipated to drive the demand for power quality equipment in upcoming years.

On the basis of region, the market is analyzed across four major regions such as North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific garnered the dominant share in 2021, and is anticipated to maintain this dominance in the power quality equipment market trend during the forecast period. This is attributed to presence of key players and a huge consumer base in the region. In addition, rapid expansion of the renewable energy sector, rise in investment toward building & construction of modern grid infrastructure, and increase in R&D efforts in the region are further anticipated to fuel the power quality equipment market growth in the upcoming years.

The global power quality equipment market analysis covers in-depth information of the major industry participants. The key players operating and profiled in the report include ABB, Ltd., Andritz, Eaton Corporation Plc, Fuji Electric, General Electric, Ideal Electric Power Co., Mitsubishi Electric Corporation, Siemens Energy, Voith GmbH & Co. KGaA, and WEG Group.

Other players operating in the power quality equipment market forecast are Toshiba Corporation, Brush Group, Sustainable Power Systems, Inc., Power Systems & Controls, Inc., Ansaldo Energia, and Modern Power Systems.

Impact of COVID-19 outbreak on the market
The outbreak of COVID-19 has negatively impacted various industries and countries across the globe. Owing to the lockdown imposed, globally, decrease has been witnessed in the growth rate of the industries such as construction & building, transportation, oil & gas, and energy sectors. This has further declined the need for electricity, which, in turn, has hampered the growth of the power quality equipment market in the next one and two years. In Europe, economies such as Germany, France, Spain, and Italy are following stringent measures such as attaining social distance and limiting movements to prevent the spread of coronavirus.

Furthermore, halt in construction of new electric grid utility infrastructures, renewable power plants, grid network, and other power plants due to the lack of workers and increase in demand-supply gaps, is projected to hamper the market growth in the pandemic period. Thus, all these factors collectively were expected to result in sluggish growth of the global power quality equipment market in 2020.

The outbreak of COVID-19 has negatively impacted various industries and countries across the globe.In the year 2022 globally, increase has been witnessed.in the growth rate of the industries such as construction & building, transportation, oil & gas, and energy sectors. This has further increase the need for electricity, which, in turn, has shown the positive growth of the power quality equipment market in the coming years

Key Findings

By equipment, the UPS segment held the highest power quality equipment market share of about 37.9% in 2021, and is expected to maintain its dominance during the forecast period.

By end user, in 2021, the industrial segment accounted for 57.08% market share, and is anticipated to grow at a rate of 6.0% in terms of revenue.

By phase, in 2021, the three-phase power quality equipment segment accounted for 75.39% market share, and is anticipated to grow at a rate of 6.1% in terms of revenue.

By region, in 2021, Asia-Pacific dominated the global power quality equipment market with 43% of the share, in terms of revenue.

Companies Mentioned

  • Abb Ltd
  • Ametek Inc
  • Eaton Corporation plc,
  • Emerson Electric Co
  • General Electric
  • Honeywell International Inc.
  • Legrand
  • Leviton Manufacturing Co.
  • Mte Meter Test Equipment AG
  • Piller Power Systems

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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