Press release
Power Quality Equipment Market Analysis, Size, Share, Growth and Trends by Forecast to 2023
Market HighlightsThe growth of the Power Quality Equipment Market is driven by the increasing trends of digitization across the globe. The loss associated with the power transmission is encouraging the market for adoption of power quality equipment with the objective of prevention of loss majorly in terms of productivity. The other driver for the growth and adoption of the power quality equipment in the emerging need for maintaining the efficiency of power distribution channels. However, the growth of the market is expected to be hindered by the high cost of power quality equipment.
The report has been analyzed based on the equipment, phase, application and regions. Amongst all equipment, the UPS segment is expected to contribute the highest towards the growth of the power quality equipment market. UPS is an electric storage system, which is majorly used in the times of electricity outrages for the reduction of costs and reducing the negative effects of power outages. During outages, the energy stored in this UPS is used as a back-up for maintain the supply of the power to those industries which make use of the electronics and electrical equipment. UPS provides a stable electricity supply to the safety related loads which includes equipment such as use in medical equipment, for avoiding the loss of productivity in the manufacturing plants and avoid the damages caused to the electricity using equipment.
Global Power Quality Equipment Market is expected to grow with 5.5% CAGR during the forecast period
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Key Players
The key players of Power quality equipment market are
• ABB, Ltd. (Switzerland),
• Active Power, Inc. (U.S.),
• Eaton Corporation, PLC (Republic of Ireland),
• Emerson Electric Co. (U.S.),
• General Electric (U.S.),
• MTE Corporation (U.S.),
• Schneider Electric SE (France),
• Siemens AG (Germany),
• Smiths Group plc. (U.K.)
• Toshiba Corporation (Japan)
• others.
Market Research Analysis
The Asia-Pacific region is expected to grow the fastest in the Power quality equipment market owing to the initiatives undertaken for clean energy with the objective of meeting the large scale demand for energy. The region is also offering huge opportunities for foreign direct investments which is in turn leading to the growth of the power quality equipment market in the Asia-pacific region. The increase in investments for the improved infrastructure, majorly in the developing nations of India and China are further expected to contribute to the growth of the power quality equipment market. The growth is further expected to be driven by the huge investments in smart cities which include distribution through smart meters
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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Power Quality Equipment Market, By Equipment
4.1 UPS
4.2 Static VAR Compensator
4.3 Power Quality Meters
4.4 Others
5 Global Power Quality Equipment Market, By Phase
Continue……….
List of Tables
Table 1 Global Power Quality Equipment Market, By Equipment
Table 2 Global Power Quality Equipment Market, By Phase
Table 3 Global Power Quality Equipment Market, By Application
Table 4 Global Power Quality Equipment Market, By Regions
Table 5 North America Power Quality Equipment Market, By Equipment
Table 6 North America Power Quality Equipment Market, By Phase
Table 7 North America Power Quality Equipment Market, By Application
Table 8 U.S. Power Quality Equipment Market, By Equipment
Table 9 U.S. Power Quality Equipment Market, By Phase
Table 10 U.S. Power Quality Equipment Market, By Application
Continue………..
List Of Figures
Figure 1 Research Methodology
Figure 2 Global Power Quality Equipment Market: By Equipment (%)
Figure 3 Global Power Quality Equipment Market: By Phase (%)
Figure 4 Global Power Quality Equipment Market: By Application (%)
Figure 5 Global Power Quality Equipment Market: By Region
Figure 6 North America Power Quality Equipment Market, By Equipment (%)
Figure 7 North America Power Quality Equipment Market, By Phase (%)
Figure 8 North America Power Quality Equipment Market, By Application (%)
Figure 9 Europe Power Quality Equipment Market, By Equipment (%)
Figure 10 Europe Power Quality Equipment Market, By Phase (%)
Continue…….
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