Press release
Power Quality Equipment Market to Grow at 6.5% CAGR Through 2031 Driven by Grid Modernization and Industrial Automation
Power Quality Equipment Market
Get a Sample Copy At - https://www.theinsightpartners.com/sample/TIPRE00023328/?utm_source=OpenPR&utm_medium=10826
According to the latest industry analysis, the power quality equipment market was valued at US$ 33.23 billion in 2024 and is projected to reach US$ 50.33 billion by 2031, registering a CAGR of 6.5% during 2025-2031. The market's expansion reflects growing concerns over voltage fluctuations, harmonic distortions, power interruptions, and equipment failures that can significantly impact productivity and operational efficiency.
Market Overview: A Shift Toward Intelligent Power Management
The modern electrical ecosystem is undergoing a fundamental transformation. Increasing penetration of renewable energy sources, electric vehicles, and digitally controlled industrial equipment has created complex power networks that demand advanced monitoring and correction solutions. As a result, the power quality equipment market is witnessing sustained demand for solutions such as uninterruptable power supplies (UPS), harmonic filters, static VAR compensators, and power quality meters.
Industries across manufacturing, healthcare, commercial buildings, and IT infrastructure are adopting power quality equipment to ensure regulatory compliance, protect sensitive equipment, and minimize costly downtime.
Power Quality Equipment Market Size, Share & Forecast Highlights (By 2031)
• Market Size (2024): US$ 33.23 billion
• Projected Market Size (2031): US$ 50.33 billion
• Forecast CAGR (2025-2031): 6.5%
• Largest Equipment Segment: Uninterruptable Power Supply (UPS)
• Fastest-Growing End-User Segment: Industrial and Manufacturing
• Dominant Phase Segment: Three Phase Systems
• High-Growth Regions: Asia Pacific and Middle East & Africa
Key Market Trends Driving Growth
• Rising Industrial Automation: Smart factories and robotics require stable voltage and frequency control, boosting adoption across the power quality equipment market.
• Expansion of Data Centers: Cloud computing and AI workloads are increasing reliance on UPS systems and power quality meters.
• Grid Modernization Initiatives: Governments worldwide are investing in resilient and intelligent power grids.
• Integration of Renewable Energy: Solar and wind power introduce grid instability, increasing demand for harmonic filters and static VAR compensators.
• Energy Efficiency Regulations: Stricter efficiency standards are accelerating replacement of legacy systems.
Segment Analysis: Equipment, Phase, and End-Users
By Equipment Type:
• Uninterruptable Power Supply (UPS): Holds the largest market share due to widespread deployment in industrial plants, hospitals, and data centers.
• Harmonic Filters: Growing adoption as non-linear loads increase across industrial and commercial facilities.
• Static VAR Compensator: Gaining traction in utility and renewable energy applications.
• Power Quality Meters: Experiencing steady growth driven by real-time monitoring and predictive maintenance needs.
By Phase:
• Three Phase Systems: Dominant due to extensive use in heavy industries and commercial infrastructure.
• Single Phase Systems: Common in small commercial setups and residential applications.
By End-Users:
• Industrial and Manufacturing: Largest contributor to the power quality equipment market, driven by automation and machinery protection.
• Commercial: Includes offices, malls, hospitals, and data centers with increasing power reliability requirements.
Global and Regional Market Analysis
North America
North America remains a mature yet technologically advanced market, supported by strong investments in grid modernization, data center expansion, and industrial automation.
Europe
Europe's growth is driven by stringent energy efficiency regulations, renewable energy adoption, and the push toward carbon neutrality.
Asia Pacific
Asia Pacific is the fastest-growing region in the power quality equipment market, fueled by rapid industrialization, urban infrastructure development, and expanding manufacturing hubs in China, India, and Southeast Asia.
Middle East & Africa
Rising investments in energy infrastructure, oil & gas facilities, and large-scale construction projects are supporting market growth.
South & Central America
Gradual industrial development and grid reliability initiatives are creating steady demand for power quality solutions.
Updated Market News and Industry Developments
• Leading manufacturers are investing in AI-enabled power quality monitoring systems to enable predictive diagnostics.
• Strategic partnerships between power equipment suppliers and renewable energy developers are increasing.
• Companies are launching compact and modular UPS systems to meet space-constrained commercial requirements.
• Digital power quality meters with IoT connectivity are gaining widespread adoption.
Competitive Landscape and Key Company Profiles
The power quality equipment market is moderately consolidated, with global players focusing on innovation, geographic expansion, and strategic acquisitions.
Major Market Players Include:
• Schneider Electric SE: Known for advanced digital power management and smart grid solutions.
• Siemens AG: Strong presence in industrial power quality and automation technologies.
• Eaton: Offers a comprehensive portfolio of UPS systems and power conditioning equipment.
• General Electric Company: Focuses on grid-scale power quality and utility applications.
• Emerson Electric Co.: Specializes in industrial-grade power reliability solutions.
• AMETEK Inc.: Provides precision power instruments and monitoring systems.
• Toshiba Energy Systems & Solutions Corporation: Strong in large-scale UPS and industrial power systems.
• Hitachi ABB Power Grids Group: Leader in grid stabilization and power electronics.
• Piller Group GmbH: Renowned for mission-critical UPS systems.
• Acumentrics: Supplies specialized power conditioning solutions for industrial use.
Purchasing This Report? Click Here At - https://www.theinsightpartners.com/buy/TIPRE00023328/?utm_source=OpenPR&utm_medium=10826
If you have any special requirements about this Power Quality Equipment Market report, please let us know and we can provide custom report.
Market Outlook: What Lies Ahead
Looking ahead, the power quality equipment market is poised for consistent growth through 2031 as electricity demand rises and power systems become increasingly complex. Digitalization, renewable integration, and industrial electrification will continue to redefine power quality requirements across regions.
Manufacturers that focus on smart, energy-efficient, and scalable solutions are expected to gain a competitive edge. With power reliability becoming a strategic priority for industries worldwide, the market outlook remains strong and resilient.
Related Reports
• Power Quality Meter Market - https://www.theinsightpartners.com/reports/power-quality-meter-market
• Power Tools Market - https://www.theinsightpartners.com/reports/power-tools-market
• Power Management System Market - https://www.theinsightpartners.com/reports/power-management-system-market
• Power Supply Market - https://www.theinsightpartners.com/reports/power-supply-market
• Power System State Estimator Market - https://www.theinsightpartners.com/reports/power-system-state-estimator-market
Contact Us:
If you have any queries about this report or if you would like further information, please get in touch with us:
Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
Also Available in: 日本 | 한국어 | Français | لعربية< | 中文 | Italiano | Español | Deutsch
About The Insight Partners
The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports along with sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Power Quality Equipment Market to Grow at 6.5% CAGR Through 2031 Driven by Grid Modernization and Industrial Automation here
News-ID: 4333110 • Views: …
More Releases from The Insight Partners
Passport Reader Market Outlook Highlights 6.6% CAGR Amid Rising Border Security …
United States of America - December 31, 2025 - According to The Insight Partners, the passport reader market size is projected to reach US$ 368.2 million by 2031 from US$ 219.9 million in 2023. The market is expected to register a CAGR of 6.6% during 2023-2031. The passport reader market continues to expand rapidly as governments, airports, and private enterprises intensify investments in secure identification solutions that verify travel documents…
Tortilla Market: Expands with Health-Driven Innovation and Global Appeal
The global tortilla market is evolving into a dynamic, health-forward, and innovation-rich space, shaped by changing lifestyles, rising wellness awareness, and a growing love for convenient, versatile foods across regions.
The tortilla market is projected to grow from US$ 33.09 billion in 2023 to US$ 45.18 billion by 2031; it is estimated to register a CAGR of 4.0% from 2023 to 2031. Surging demand for organic and clean-label food products is…
Global Industrial Insulation Market Analysis: Size, Share, and Future Prospects
The industrial insulation market continues to expand steadily, fueled by rising needs across key sectors like power generation, chemicals, and manufacturing. Recent developments highlight a push toward materials that enhance energy savings and safety without compromising performance.
Download PDF Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00002835/?utm_source=OpenPR&utm_medium=10813
The industrial insulation market is expected to grow from US$ 7,793.91 million in 2022 to US$ 10,189.11 million by 2028; it is expected to grow at a CAGR of…
Event Management Software Market Size, Share, and Future Opportunities
The event management software market continues to expand rapidly, fueled by digital transformation in event planning and the shift toward hybrid formats. Leading research highlights key drivers, emerging trends, and promising opportunities shaping this dynamic sector.
Download PDF Sample Copy @ https://www.theinsightpartners.com/sample/TIPTE00002055/?utm_source=OpenPR&utm_medium=10813
The global event management software market garnered US$ 5,810.6 million in 2018 and is projected to generate US$ 21,287.6 million by 2027, registering a CAGR of 16.02% from 2019 to…
More Releases for Power
Thermal power Market is Gaining Momentum with Enel, TATA Power, Reliance Power
The Latest Released Thermal power market study has evaluated the future growth potential of Thermal power market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges,…
Japan Power Market Outlook to 2030, Update 2018 – The Kansai Electric Power, C …
Japan Power Market
This report elaborates Japan's power market structure and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the Japanese power market's regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain is provided. The report also gives a snapshot of the power sector in Japan on broad parameters of macroeconomics, supply security, generation…
Global Power Rental Market Insight Report 2018 - Rental Power Solutions, Power E …
The global "Power Rental" Market research report gives point to point breakdown along with the data of Power Rental market’s analytical study, regional analysis, growth factors and leading companies. The research report about the market provides the data about the aspects which drive the expansion of Power Rental industry. The Power Rental market consists of large key companies who play a vital role in the production, manufacturing, sales and distribution…
Japan: Geothermal Power Market Power Plants, Regulations and Company Profiles 20 …
"Geothermal Power in Japan, Market Outlook to 2030, Update 2018-Capacity, Generation, Power Plants, Regulations and Company Profiles", is the latest report from Publisher, the industry analysis specialists that offer comprehensive information and understanding of the Geothermal market in Japan.
The report provides an in-depth analysis on global renewable power market and global Geothermal market with forecasts up to 2030. The report analyzes the power market scenario in Japan (includes conventional Hydro,…
Fluid Power Systems Market SWOT Analysis by Key Players: Parker, Eaton, Tokyo Ke …
QY Research has lately published a new report on “Global Fluid Power Systems Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
The Fluid Power Systems market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered…
New research on Medical Power Supply Market To 2022 Profiling SL Power Electroni …
This Global Medical Power Supply market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this…
