Press release
Global Automatic Power Factor Controller Market Will Reach At CAGR Of 4.64% Between 2017-2021
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Automatic power factor controllers use an automatic capacitor recognition mode to operate and are mainly used to maintain an ideal power factor under fluctuating load and voltage conditions. These controllers help in increasing the efficiency and reducing the energy consumption by avoiding voltage fluctuation and wastage of energy, which could occur if the power is not allocated optimally. Automatic power factor controllers are used to maintain a suitable power factor under fluctuating voltage and load conditions. In addition, most devices come with step switching and step protection features, making these controllers more suitable for the end-user industries.
Technavios analysts forecast the global automatic power factor controller market to grow at a CAGR of 4.64% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global automatic power factor controller market for 2017-2021. To calculate the market size, the report considers the new installations, retrofit, and replacement.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automatic Power Factor Controller Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
ABB
General Electric
ON Semiconductor
STMicroelectronics
Texas Instruments
Other prominent vendors
Ab Power System Solution
Dynamic Control Systems
Eaton
Havells
LOVATO Electric
REM Electromach
Schneider Electric
Serwel Electronics
Socomec
Techno Power Systems
Vicor Corporation
Market driver
Upgrading industrial facilities to improve energy efficiency
For a full, detailed list, view our report
Market challenge
High cost of active and high voltage power factor controllers
For a full, detailed list, view our report
Market trend
Need for process automation
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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