Global Power Quality Equipment
Market Report
2025
The global power quality equipment market size is USD 17.2 billion in 2024. The power quality equipment market will show the strongest growth with a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031. This growth can be attributed to an increased need for electricity quality in the industrial and manufacturing sectors.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global power quality equipment market size is USD 17.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Power Quality Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 7.21% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Equipment |
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Market Split by Phase |
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Market Split by End-user |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Power Quality Equipment industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Power Quality Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Power quality equipment acts as an electrical filter, removing or lowering damaging harmonics and reshaping the sinewave to ensure the longevity of electrical systems. Power quality equipment is used in power networks to ensure a constant supply of steady power. Power quality equipment is cost-effective and helps to avoid equipment damage and premature aging, loss of production, data, and work, sudden equipment faults, poor performance, unexpected shutdowns, and capacitor bank failures, all of which save money and energy. The increase in building and construction activities, as well as the rapid growth of the manufacturing industry in developing economies around the world, increases the demand for continuous power supply and machinery, which can be met with the help of power-quality equipment, which is expected to drive market growth during the forecast period.
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In August 2023, JSW Steel, a local organization, partnered with Japan's JFE Steel Corporation to form a joint venture (JV) company in India dedicated to the manufacturing of CRGO steel. It's worth noting that JFE Steel Corporation already owns 15% of JSW Steel. (Source: https://www.jfe-steel.co.jp/en/release/2023/230522-2.html)
Top Companies Market Share in Power Quality Equipment Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the power quality equipment market due to the broadcast communications sector becoming increasingly digital. Furthermore, the market expansion is expected to be supported by rising environmental awareness. Large end-users of power-quality goods include the district's rapidly expanding modern and collecting zones, as well as the telecom and commercial sectors.
Asia-Pacific stands out as the fastest-growing region in the power quality equipment market due to the manufacturing industry, with China generating the majority of the world's manufactured goods. Furthermore, China's power quality equipment market accounted for the greatest market share, while India's power quality equipment market was the fastest expanding in Asia-Pacific.
The current report Scope analyzes Power Quality Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Power Quality Equipment Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Power Quality Equipment Industry growth. Power Quality Equipment market has been segmented with the help of its Equipment, Phase End-user, and others. Power Quality Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the current trends and future market projects, Power Quality Equipment market size is projected from 2019 to 2031, with both quantitative and qualitative analysis based on the Equipment segmentation analysis of the Power Quality Equipment. This helps to understand the fastest-growing segments, such as industrial robots, electric motors, material handling systems, or construction equipment, and others. Type segment analysis gives detailed insights into the factors driving growth, such as technological innovations, automation, and energy efficiency. For instances segments like smart machinery and electric-powered equipment are becoming more popular as industries move towards sustainable and cost-effective solutions.
To better understand the performance of each Equipment segment, several factors are considered. These include technological advancements like IoT and AI integration, changes in consumer demand for more energy-efficient or customizable operation and pricing trends driven by raw material costs and labor. Regulatory impacts also play a role, especially with environmental and safety regulations. This type of analysis offers a clear view of how different types will evolve over time, helping businesses make smarter decisions on investments and strategies. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Equipment of Power Quality Equipment analyzed in this report are as follows:
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This report provides a comprehensive forecast of revenue growth for the Power Quality Equipment industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each Phase segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough Phase segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key Phase of Power Quality Equipment are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Power Quality Equipment Market is witnessing significant growth in the near future.
In 2023, the Surge arresters segment accounted for noticeable share of global Power Quality Equipment Market and is projected to experience significant growth in the near future.
The Single Phase segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Eaton (Ireland) , Siemens (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Equipment | Surge arresters, Surge protection devices, Harmonic filters, Power conditioning units, Power distribution units, Uninterruptable power supplies, Synchronous condensers, voltage regulators, Digital static transfer switches, Static VAR compensators, Solid oxide fuel cells, Isolation transformers, Power quality meters |
Phase | Single Phase, Three Phase |
End-user | Residential, Commercial, Industrial and manufacturing, Utilities, Transportation |
List of Competitors | Eaton (Ireland), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), General Electric (US), Toshiba (Japan), Emerson (US), Legrand (France), Honeywell (US), AMETEK Powervar (US), Piller Power Systems (Germany), Acumentrics (US), Leviton Manufacturing (US), MTE (US), Socomec (France), Infinite Electronics Duromax (US) |
This chapter will help you gain GLOBAL Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review Global Power Quality Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review North America Power Quality Equipment Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review Europe Power Quality Equipment Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review Asia Pacific Power Quality Equipment Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review South America Power Quality Equipment Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review Middle East Power Quality Equipment Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Power Quality Equipment. Further deep in this chapter, you will be able to review Middle East Power Quality Equipment Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Power Quality Equipment. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Equipment Analysis 2019 -2031, will provide market size split by Equipment. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Equipment Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Phase Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-user Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Power Quality Equipment market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Surge arresters have a significant impact on Power Quality Equipment market? |
What are the key factors affecting the Surge arresters and Surge protection devices of Power Quality Equipment Market? |
What is the CAGR/Growth Rate of Single Phase during the forecast period? |
By type, which segment accounted for largest share of the global Power Quality Equipment Market? |
Which region is expected to dominate the global Power Quality Equipment Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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