Press release
Power Quality Equipment Market - Positive Long-Term Growth Outlook 2025
A new research report by Transparency Market Research offers a comprehensive evaluation of the global Power Quality Equipment Market. The study, titled “Power Quality Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025”, is available for sale on the firm’s website.Power Quality Equipment Market: Overview
Power quality is addressed typically based on a number of parameters. Common parameters such as flicker, current, harmonics, voltage dips, power, voltage, and transients are handled by power quality measurement equipment. These equipment are able to handle multiple disturbances. The fact that instruments which can handle multiple disturbances measurements is the prime reason for its usage in power quality measurement because these disturbances tend to become a potential fault condition. It is difficult to predict in advance what kind of disturbances may result in a potential fault; therefore, instruments with multiple disturbance detection capabilities are put into use.
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Power Quality Equipment Market: Dynamics and Trends
Power quality monitoring equipment are embedded in the system itself for ease of access and improved accuracy in measurements. Power quality equipment primarily aim to reduce multiple equipment usage in a system where the entire work of measurement can be done with a single or a couple of units. As the system grows, the scalability of the power quality measurement equipment increases. Thus, it is possible to analyze multiple meters simultaneously. These equipment can centrally configure and administer meters into groups. They can automatically download data from the meters itself. A simplified overview of the disturbance can be achieved. This output can be spread throughout the grid for rectification process. .
Power quality equipment also support the databases where collection and analysis of the data can be read and stored with no time lags. This measurement of quality is essential to extract statistical data of power quality measurement that is vital for long term basis. For instance, review and analysis of the data collected over several years can be performed using power quality equipment in order to obtain immunity from disturbances. Trends that occur over a period of time can also be extracted from these equipment.
Power quality equipment can also measure and analyze data required for a short (monthly basis) period. Power quality measurement equipment with display screen can perform short measurements (hours and minutes based). This is essential in cases where constant troubleshooting has to be performed on the system. These equipment can also function in sub-zero temperatures and extreme temperature-variation regions/places.
Power Quality Equipment Market: Segmentation
In terms of equipment, the power quality equipment market can be segmented into surge protection devices, power quality meters, harmonic filters, un-interrupted power supply, power conditioning units, and others. Based on end-user, the market can be divided into utilities, commercial & residential, industrial & manufacturing, and others. In terms of region, the global power quality equipment market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Power Quality Equipment Market: Region-wise Outlook
The global power quality equipment market is driven by the rise in requirement of electronic devices protection systems, power quality uniformity and uninterrupted supply, and global quality standardization in power quality measurements. Asia Pacific is expected to account for major share of the power quality equipment market during the forecast period, especially after the Paris Agreement on climate change in 2016.
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Power Quality Equipment Market: Key Players
Key players operating in the global power quality equipment market include ABB Ltd., Siemens AG, Schneider Electric, EATON Corporation Plc., and Emerson Electric Company.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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