Power Quality Equipment Market by Equipment (UPS, Harmonic Filters, Surge Protection Devices, Power Conditioning Unit, Static VAR compensator, and Power Quality Meters), Phase (Single and Three Phase), End-User, and Region - Global Forecast to 2022

  • ID: 4232706
  • Report
  • Region: Global
  • 190 Pages
  • Markets and Markets
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The Power Quality Equipment Market is Expected to Grow at a CAGR of 6.56% from 2017 to 2022 to Reach a Market Size of USD 40.85 Billion by 2022

FEATURED COMPANIES

  • ABB, Ltd.
  • Acumentrics Corporation
  • Emerson Electric Co.
  • Legrand S.A.
  • Powervar
  • Siemens AG
  • MORE

The power quality equipment market is projected to grow at a CAGR of 6.56%, from 2017 to 2022

The global power quality equipment market is valued at USD 29.74 billion in 2017, and is expected to grow at a CAGR of 6.56%, from 2017 to 2022. The growing demand for protection systems for electronic devices, non-uniform power quality and network reliability issues, rise in alternative energy programs, and power quality standardization are the major factors driving the power quality equipment market. Although some cost bearing constraints in the installation of power quality equipment are being observed, emerging economies are expected to create better opportunities for the power quality equipment market. Cost and other related issues are expected to be the major challenges for growth in the power quality equipment market.

Uninterruptable power supply is expected to have the largest market share by 2022

With regard to the equipment segment, the Uninterruptable Power Supply (UPS) segment is expected to constitute the largest market by 2022. UPS is an electricity storage system that is used to reduce or avoid, negative effects and costs associated with electrical service outages and/or poor power quality. During outages, the stored energy is used to maintain power to specific end-user’s electricity using electrical and electronics equipment. The UPS also filter and otherwise offset power quality anomalies, continuously. It provide stable and reliable power to serve critical safety-related loads such as emergency lighting and medical equipment, reduce or avoid lost productivity, reduce or avoid production damage, avoid product or facilities damage, and reduce or avoid electricity using equipment damage. Due to its application at various end-user points, demand for UPS is the highest among all types of power quality equipment and the segment is expected to dominate the market by 2022.

Asia-Pacific: The fastest growing market for power quality equipment

The power quality equipment market is projected to grow faster in the Asia-Pacific region, especially in China and India. The Asia-Pacific region is moving towards clean energy on a large scale in order to meet its growing energy needs in an efficient way. India, China, and Singapore are some of the potential growing markets in the power and utilities sector. Asia-Pacific also offered the biggest potential gains for foreign direct investment and attracted 45% of all the capital investment, globally, in 2015. Increased investments in modernizing infrastructure and urbanizing populations, especially in developing economies such as China and India, is expected to drive the Asia-Pacific power quality equipment market. The Chinese market was, by far, the largest in the world in terms of infrastructure development in 2015. A rise in investments in smart grid technologies and smart cities that include distribution grid automation, smart meters, and demand response systems in countries such as Japan, South Korea, and Australia would create opportunities for the power quality equipment market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
  • By Designation: C-Level- 35%, Director Level- 25%, Others- 40%
  • By Region: Americas- 40%, Europe- 19%, Asia-Pacific- 17%, Middle East-15%, and Africa-9%

Note: Others include sales managers, product managers, and design engineers

The tier of the company has been defined on the basis of its total revenue, as of 2013: Tier 1 = > USD 1 billion, Tier 2 = From USD 1 billion to USD 500 million, and Tier 3 = < USD 500 million

Some of the prominent players in the power quality equipment market include ABB, Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Emerson Electric Company (U.S.), Eaton Corporation, Plc (Ireland), and General electric Company (U.S.).

Research Coverage:

The report defines, describes, and forecasts the global power quality equipment market by equipment, by end-user, by phase, and by region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues. It also covers various important aspects of the market.

Why Buy this Report?

1. The report identifies and addresses key markets for power quality equipment, which would help suppliers review the growth in the demand for the product.
2. The report helps solution providers understand the pulse of the market and provides insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB, Ltd.
  • Acumentrics Corporation
  • Emerson Electric Co.
  • Legrand S.A.
  • Powervar
  • Siemens AG
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Power Quality Equipment: Regional Growth Rate (2017-2022)
4.2 Power Quality Equipment Market, By End-User
4.3 North American Power Quality Equipment Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Non-Uniform Power Quality and Network Reliability Issues
5.2.1.2 Rise in Alternative Energy Programs
5.2.1.3 Power Quality Standardization
5.2.2 Restraints
5.2.2.1 High Capital Investment
5.2.2.2 Lack of Awareness
5.2.3 Opportunities
5.2.3.1 Urbanization and Industrialization
5.2.3.2 Replacements/Upgradation of Aged Grid Infrastructure
5.2.4 Challenges
5.2.4.1 Cost and Other Related Issues in the Power Quality Equipment Market

6 Power Quality Equipment Market, By Equipment
6.1 Introduction
6.2 Surge Arresters
6.3 Surge Protection Devices
6.4 Static Var Compensator
6.5 Synchronous Condenser
6.6 Voltage Regulators
6.7 Power Quality Meters
6.8 Solid Oxide Fuel Cells
6.9 Digital Static Transfer Switch
6.10 Uninterruptable Power Supply
6.11 Isolation Transformers
6.12 Harmonic Filters
6.13 Power Conditioning Units
6.14 Power Distribution Units

7 Power Quality Equipment Market, By End-User
7.1 Introduction
7.2 Industrial & Manufacturing
7.3 Commercial
7.4 Utilities
7.5 Transportation
7.6 Residential

8 Power Quality Equipment Market, By Phase
8.1 Introduction
8.2 Single Phase Power Quality Equipment
8.3 Three Phase Power Quality Equipment

9 Power Quality Equipment Market, By Region
9.1 Introduction
9.2 North America
9.2.1 By Equipment
9.2.2 By End-User
9.2.3 By Phase
9.2.4 By Country
9.2.4.1 U.S.
9.2.4.2 Canada
9.2.4.3 Mexico
9.3 Europe
9.3.1 By Equipment
9.3.2 By End-User
9.3.3 By Phase
9.3.4 By Country
9.3.4.1 U.K.
9.3.4.2 Germany
9.3.4.3 France
9.3.4.4 Italy
9.3.4.5 Rest of Europe
9.4 Asia-Pacific
9.4.1 By Equipment
9.4.2 By End-User
9.4.3 By Phase
9.4.4 By Country
9.4.4.1 China
9.4.4.2 India
9.4.4.3 Japan
9.4.4.4 Rest of Asia-Pacific
9.5 South America
9.5.1 By Equipment
9.5.2 By End-User
9.5.3 By Phase
9.5.4 By Country
9.5.4.1 Brazil
9.5.4.2 Argentina
9.5.4.3 Venezuela
9.5.4.4 Rest of South America
9.6 Middle East & Africa
9.6.1 By Equipment
9.6.2 By End-User
9.6.3 By Phase
9.6.4 By Country
9.6.4.1 Saudi Arabia
9.6.4.2 UAE
9.6.4.3 Kuwait
9.6.4.4 Qatar
9.6.4.5 South Africa
9.6.4.6 Rest of the Middle East & Africa

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking, Power Quality Equipment Market, 2016
10.3 Vendor Dive Matrix
10.3.1 Leaders
10.3.2 Innovators
10.3.3 Dynamic
10.3.4 Emerging
10.4 Competitive Situation & Trends

11 Company Profile
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
11.1 General Electric
11.2 ABB, Ltd.
11.3 Schneider Electric SE
11.4 Emerson Electric Co.
11.5 Eaton Corporation, PLC
11.6 Siemens AG
11.7 Toshiba Corporation
11.8 Legrand S.A.
11.9 MTE Corporation
11.10 Active Power, Inc.
11.11 Acumentrics Corporation
11.12 Leviton Manufacturing Company, Inc.
11.13 Socomec
11.14 Smiths Group
11.15 Powervar

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide

List of Tables

Table 1 Global Power Quality Equipment Market Snapshot
Table 2 Power Conditioning Products for Power Quality Issues
Table 3 Effect of Power Quality Issues on Electrical Equipment
Table 4 List of Important Power Quality Standards
Table 5 Top Countries With Highest Growth Rate in 2015
Table 6 Global Power Quality Equipment Market Size, By Equipment, USD Million, 2015-2022
Table 7 Global Surge Arresters Market Size, By Region, USD Million, 2015-2022
Table 8 Global Surge Protection Devices Market Size, By Region, USD Million, 2015-2022
Table 9 Global Static Var Compensator Market Size, By Region, USD Million, 2015-2022
Table 10 Global Synchronous Condenser Market Size, By Region, USD Million, 2015-2022
Table 11 Global Voltage Regulator Market Size, By Region, USD Million, 2015-2022
Table 12 Global Power Quality Meters Market Size, By Region, USD Million, 2015-2022
Table 13 Global Solid Oxide Fuel Cells Market Size, By Region, USD Million, 2015-2022
Table 14 Global Digital Static Transfer Switch Market Size, By Region, USD Million, 2015-2022
Table 15 Global Uninterruptable Power Supply Market Size, By Region, USD Million, 2015-2022
Table 16 Global Isolation Transformers Market Size, By Region, USD Million, 2015-2022
Table 17 Global Harmonic Filters Market Size, By Region, USD Million, 2015-2022
Table 18 Global Power Conditioning Units Market Size, By Region, USD Million, 2015-2022
Table 19 Global Power Distribution Units Market Size, By Region, USD Million, 2015-2022
Table 20 Global Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 21 Industrial & Manufacturing: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 22 Commercial: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 23 Utilities: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 24 Transportation: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 25 Residential: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 26 Global Power Quality Equipment Market Size, By Phase, USD Million, 2015-2022
Table 27 Single-Phase: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 28 Three-Phase: Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 29 Global Power Quality Equipment Market Size, By Region, USD Million, 2015-2022
Table 30 North America: Power Quality Equipment Market Size, By Equipment, USD Million, 2015-2022
Table 31 North America: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 32 North America: Power Quality Equipment Market Size, By Phase, USD Million, 2015-2022
Table 33 North America: Power Quality Equipment Market Size, By Country, USD Million, 2015-2022
Table 34 U.S.: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 35 Canada: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 36 Mexico: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 37 Europe: Power Quality Equipment Market Size, By Equipment, USD Million, 2015-2022
Table 38 Europe: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 39 Europe: Power Quality Equipment Market Size, By Phase, USD Million, 2015-2022
Table 40 Europe: Power Quality Equipment Market Size, By Country, USD Million, 2015-2022
Table 41 U.K.: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 42 Germany: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 43 France: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 44 Italy: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 45 Rest of Europe: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 46 Asia-Pacific: Power Quality Equipment Market Size, By Equipment, USD Million, 2015-2022
Table 47 Asia-Pacific: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 48 Asia-Pacific: Power Quality Equipment Market Size, By Phase, USD Million, 2015-2022
Table 49 Asia-Pacific: Power Quality Equipment Market Size, By Country, USD Million, 2015-2022
Table 50 China: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 51 India: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 52 Japan: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 53 Rest of Asia-Pacific: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 54 South America: Power Quality Equipment Market Size, By Equipment, USD Million, 2015-2022
Table 55 South America: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 56 South America: Power Quality Equipment Market Size, By Phase, USD Million, 2015-2022
Table 57 South America: Power Quality Equipment Market, By Country, USD Million, 2015-2022
Table 58 Brazil: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 59 Argentina: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 60 Venezuela: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 61 Rest of South America: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 62 Middle East & Africa: Power Quality Equipment Market Size, By Equipment, USD Million, 2015-2022
Table 63 Middle East & Africa: Power Quality Equipment Market, By End-User, USD Million, 2015-2022
Table 64 Middle East & Africa: Power Quality Equipment Market, By Phase, USD Million, 2015-2022
Table 65 Middle East & Africa: Power Quality Equipment Market, By Country, USD Million, 2015-2022
Table 66 Saudi Arabia: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 67 UAE: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 68 Kuwait: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 69 Qatar: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 70 South Africa: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022
Table 71 Rest of the Middle East & Africa: Power Quality Equipment Market Size, By End-User, USD Million, 2015-2022

List of Figures

Figure 1 Market Segmentation: Power Quality Equipment Market
Figure 2 Countries Covered
Figure 3 Power Quality Equipment: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 North America Dominated the Power Quality Equipment Market in 2016
Figure 8 Power Quality Equipment Market Share, By Equipment, 2017 & 2022
Figure 9 Industrial & Manufacturing Segment Led the Power Quality Equipment Market, By End-User, in 2016
Figure 10 Power Quality Equipment Market, By End-User, 2017 & 2022
Figure 11 Attractive Market Opportunities in the Power Quality Equipment Market, 2017-2022
Figure 12 The Power Quality Equipment Market in India is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 Industrial & Manufacturing Segment is Expected to Dominate the Power Quality Equipment Market By 2022
Figure 14 The Market in North America Accounted for the Largest Share in the Power Quality Equipment Market in 2016
Figure 15 Nonuniform Power Quality and Network Reliability Issues is Expected to Drive the Power Quality Equipment Market During the Forecast Period
Figure 16 Total Renewable Energy Capacity
Figure 17 Uninterruptable Power Supply is Expected to Dominate the Power Quality Equipment Market By 2022
Figure 18 Power Quality Equipment Competitive Analysis: By Equipment
Figure 19 North America Will Dominate the Uninterruptable Power Supply Market By 2022
Figure 20 The Commercial Segment is the Fastest Growing Segment in the Global Power Quality Equipment Market
Figure 21 Power Quality Equipment Market Competitive Analysis By End-User
Figure 22 The Market in Asia-Pacific is the Fastest Growing Market in the Industrial & Manufacturing Power Quality Equipment Market
Figure 23 Three-Phase Equipment Segment is Expected to Dominate the Power Quality Equipment Market By 2022
Figure 24 North America is Expected to Dominate the Power Quality Equipment Market By 2022
Figure 25 Regional Snapshot: Rapid Growth in Developing Markets Such as Asia-Pacific is Creating New Hot Spots
Figure 26 North America to Drive the Power Quality Equipment Market, By Region, 2017 & 2022 (USD Million)
Figure 27 An Overview of the North American Power Quality Equipment Market
Figure 28 Asia-Pacific Power Quality Equipment Market: Region Snapshot
Figure 29 Companies Adopted New Product & Technology Launches as A Key Growth Strategy, 2013-2017
Figure 30 Market Ranking, Power Quality Equipment Market, 2016
Figure 31 Power Quality Equipment Market: Vendor Dive Matrix
Figure 32 Product Offering Comparison
Figure 33 Business Strategy Comparison
Figure 34 Market Evaluation Framework, 2013-2017
Figure 35 Battle for Market Share (2013-2017): New Product Launches Was the Key Strategy Adopted By the Players in the Power Quality Equipment Market
Figure 36 General Electric: Company Snapshot
Figure 37 General Electric: Products Offering Scorecard
Figure 38 General Electric: Business Strategy Scorecard
Figure 39 ABB, Ltd.: Company Snapshot
Figure 40 ABB, Ltd.: Products Offering Scorecard
Figure 41 ABB, Ltd.: Business Strategy Scorecard
Figure 42 Schneider Electric SE: Company Snapshot
Figure 43 Schneider Electric: Products Offering Scorecard
Figure 44 Schneider Electric: Business Strategy Scorecard
Figure 45 Emerson Electric Co.: Company Snapshot
Figure 46 Emerson Electric Co.: Products Offering Scorecard
Figure 47 Emerson Electric Co.: Business Strategy Scorecard
Figure 48 Eaton Corporation, PLC: Company Snapshot
Figure 49 Eaton Corporation, PLC: Products Offering Scorecard
Figure 50 Eaton Corporation, PLC: Business Strategy Scorecard
Figure 51 Siemens AG: Company Snapshot
Figure 52 Siemens AG: Products Offering Scorecard
Figure 53 Siemens AG: Business Strategy Scorecard
Figure 54 Toshiba Corporation: Company Snapshot
Figure 55 Toshiba Corporation: Products Offering Scorecard
Figure 56 Toshiba Corporation: Business Strategy Scorecard
Figure 57 Legrand S.A.: Company Snapshot
Figure 58 Legrand S.A.: Products Offering Scorecard
Figure 59 Legrand S.A.: Business Strategy Scorecard
Figure 60 MTE Corporation: Company Snapshot
Figure 61 MTE Corporation: Products Offering Scorecard
Figure 62 MTE Corporation: Business Strategy Scorecard
Figure 63 Active Power, Inc.: Company Snapshot
Figure 64 Active Power, Inc.: Products Offering Scorecard
Figure 65 Active Power, Inc.: Business Strategy Scorecard
Figure 66 Acumentrics Corporation: Products Offering Scorecard
Figure 67 Acumentrics Corporation: Business Strategy Scorecard
Figure 68 Leviton Manufacturing Company, Inc.: Products Offering Scorecard
Figure 69 Leviton Manufacturing Company, Inc.: Business Strategy Scorecard
Figure 70 Socomec: Company Snapshot
Figure 71 Socomec: Products Offering Scorecard
Figure 72 Socomec: Business Strategy Scorecard
Figure 73 Smiths Group Snapshot
Figure 74 Smiths Group: Products Offering Scorecard
Figure 75 Smiths Group: Business Strategy Scorecard
Figure 76 Powervar: Products Offering Scorecard
Figure 77 Powervar: Business Strategy Scorecard
Note: Product cover images may vary from those shown
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  • ABB, Ltd.
  • Active Power, Inc.
  • Acumentrics Corporation
  • Eaton Corporation, PLC
  • Emerson Electric Co.
  • General Electric
  • Legrand S.A.
  • Leviton Manufacturing Company, Inc.
  • MTE Corporation
  • Powervar
  • Schneider Electric SE
  • Siemens AG
  • Smiths Group
  • Socomec
  • Toshiba Corporation
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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