Press release
Automatic Power Factor Controller Market Detailed Analysis of Current Industry Figures with Forecasts Growth By 2029
Market Overview:The Global Automatic Power Factor Controller market was valued at USD 4.23 billion in 2021 and is expected to reach USD 5.24 billion by the year 2028, at a CAGR of 3.1%.
An Automatic Power Factor Controller (APFC) is a device that controls the power factor of an electrical system automatically. The power factor is a measure of an electrical system's efficiency that indicates the ratio of real power (which is used to do useful work) to perceived power. (which is the product of the voltage and current drawn by the system). An APFC may be used to manage power factors by moving capacitors in and out of the electrical system automatically. Capacitors are used to enhance the power factor by holding reactive power and releasing it when needed by the system. An APFC can increase the energy efficiency of the system and decrease power waste by controlling the power factor.
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Market Dynamics:
Driver:
Automatic power factor controllers are becoming more prevalent in areas such as industrial, commercial, military, and utilities to regulate power factors, reduce electricity costs, and conserve energy. This is a significant reason that is expected to drive the worldwide automated power factor controller market shortly. Automatic power factor controllers protect electrical equipment from harm. This is another reason that is predicted to boost the worldwide automated power factor controller market in the near future.
Opportunities:
Manufacturers' increasing expenditures in innovations and improvements may provide chances for Automatic Power Factor Controllers. Automatic Power Factor Controllers are devices that aid in the regulation and maintenance of the power factor of electrical systems, hence improving energy efficiency and lowering energy expenditures. The market for Automatic Power Factor Controllers is expected to rise as more manufacturers spend on research & development to enhance and upgrade this technology.
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter's Five Forces Analysis
• Pestle Analysis
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Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Market Segmentation
By Type
• Active Power Factor Controller
• Passive Power Factor Controller
By Component
• Relays
• Capacitors
• Resistors
• Displays
• Microcontrollers
• Switches
By Installation Type
• Self-Standing APFC Panels
• Wall-Mounted APFC Panels
By Application
• Petroleum Chemical Industry
• Food Industry
• Manufacturing
• Utility Industry
• Others
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Regional Analysis of Automatic Power Factor Controller Market
The North American market is anticipated to record the maximum revenue share in the global automatic power factor controller market during the forecast period. The major share of North America can be owed to the existence of major key players such as Fairchild Semiconductor International Inc. (US), Texas Instruments Inc. (US), ON Semiconductor Corporation (U.S.), General Electric (U.S.), and others will hasten the automatic power factor controller market in the region.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Players Covered in Automatic Power Factor Controller market
• STMicroelectronics NV (Switzerland)
• Eaton Corporation Plc. (Ireland)
• General Electric Company (US)
• EPCOS AG (Germany)
• Fairchild Semiconductor International Inc. (US)
• Larsen & Turbo (India)
• APFC panels manufacturers include ABB Ltd. (Switzerland)
• Crompton Greaves Ltd. (India)
• General Electric (U.S.)
• Schneider Electric (France)
• Texas Instruments Inc. (US)
• ON Semiconductor Corporation (U.S.)
• STMicroelectronics (Switzerland)
• and others Major Players.
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Table of content: -
Chapter 1: Introduction
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
Chapter 4: Market Landscape
Chapter 5: Automatic Power Factor Controller Market by Type
Chapter 6: Automatic Power Factor Controller Market by Component
Chapter 7: Automatic Power Factor Controller Market by Installation Type
Chapter 8: Automatic Power Factor Controller Market by Application
Chapter 9: Company Profiles and Competitive Analysis
Chapter 10: Global Automatic Power Factor Controller Market Analysis, Insights and Forecast, 2016-2028
To Be Continue….
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