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Power Quality Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Equipment, Phase, and End User

  • ID: 5401848
  • Report
  • July 2021
  • Region: Global
  • 165 Pages
  • The Insight Partners
UP TO OFF until Jun 30th 2022

FEATURED COMPANIES

  • Acumentrics
  • AMETEK Inc.
  • Eaton
  • Emerson Electric Co.
  • General Electric Company
  • Piller Group GmbH
According to the publisher's latest market study on “Power Quality Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Equipment, Phase, and End User,” the market is expected to reach US$ 45,531.9 million by 2028 from US$ 28,499.6 million in 2021; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028.



Telecommunications infrastructure has developed rapidly in the recent years. This new digital form of telecommunication infrastructure is adding more advanced telecommunication systems such as data centers, servers, and internet-related infrastructure as well as equipment to efficiently cater to voice and data transmission services. However, the modern telecommunication systems are more vulnerable to issues with power as the electronic components used for data transmission are more susceptible to sags/dips, swells, transients, and harmonics. A telecom equipment can trip on the occurrence of power fluctuations caused by abrupt increase in loads (voltage sags and swells) due to short circuits, loose connections or faults, and motors starting. Such instances lead to loss in communications and incur high cost for telecom companies, they can also lead to equipment malfunction and breakdown. Thus, to overcome this challenge, telecom companies are adopting power quality equipment to ensure a steady supply of voltage within a defined range.

The power quality equipment market is segmented on the bases of equipment, phase, end user, and geography. Based on equipment, the market is segmented into uninterruptable power supply (UPS), harmonic filters, static VAR compensators, power quality meters, and others. Power quality equipment are widely used in power grid systems to ensure continuous and stable power supply. Based on phase, the power quality equipment market is segmented into single phase and three phases. As per the specific requirement, power quality equipment is designed and manufactured for single phase and three phases. Based on end users, the power quality equipment market is segmented into industrial and manufacturing, commercial, and others. As per the requirement of the end user, market players manufacture power quality equipment according to respective capacity, efficiency, size, and accuracy needed for the application. One the basis of geography, the global power quality equipment market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). In 2020, North America accounted for the largest share in the global market.

The outbreak of COVID-19 has affected the world significantly, and its adverse effects continue to shatter several countries. Considering various containment measures such as business shutdowns, lockdowns, and travel limitations, the production and supply chain of power quality equipment were affected negatively, leading to the decline in the adoption of power quality equipment such as uninterrupted power supply (UPS) system, static VAR compensator, harmonic filters, power quality meters, power conditioners, and power quality analyzers. However, as trading activities have begun picking up pace from the last quarter of 2020, the market players are expecting steady growth in the demand from end users. Major industries that are affected by the pandemic are manufacturing, commercial, metals, cement, power plants, education, entertainment, electronics, energy, aviation, and transportation.

Key Findings of Study:


Several players operating in the global power quality equipment market are adopting significant strategies to boost their performances. For instance, in June 2021, Eaton completed the acquisition of 50% stake in the Busway business of Jiangsu YiNeng Electric in China. This agreement is expected to expand Eaton’s power distribution portfolio in the APAC market.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global power quality equipment market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global automated waste collection system market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Frequently Asked Questions about the Global Power Quality Equipment Market

What is the estimated value of the Global Power Quality Equipment Market?

The Global Power Quality Equipment Market was estimated to be valued at $28499.6 Million in 2021.

What is the growth rate of the Global Power Quality Equipment Market?

The growth rate of the Global Power Quality Equipment Market is 6.8%, with an estimated value of $45131.9 Million by 2028.

What is the forecasted size of the Global Power Quality Equipment Market?

The Global Power Quality Equipment Market is estimated to be worth $45131.9 Million by 2028.

Who are the key companies in the Global Power Quality Equipment Market?

Key companies in the Global Power Quality Equipment Market include Acumentrics, Emerson Electric Co., AMETEK Inc., Eaton, General Electric Company, Schneider Electric SE, Siemens AG, Toshiba Energy Systems & Solutions Corporation and Piller Group GmbH.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acumentrics
  • AMETEK Inc.
  • Eaton
  • Emerson Electric Co.
  • General Electric Company
  • Piller Group GmbH

1. Introduction

1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Power Quality Equipment Market Landscape

4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions

5. Power Quality Equipment Market - Key Market Dynamics

5.1 Market Drivers
5.1.1 Growing Industrial Manufacturing & Processing Sector Worldwide
5.1.2 Increasing Demand for Stable Power Supply in Telecommunication Industry
5.2 Market Restraints
5.2.1 High Cost of Deployment and Installation
5.3 Market Opportunities
5.3.1 Growing Adoption of Renewable Energy Sources
5.4 Future Trends
5.4.1 Rising Trend of Applying Power Quality Equipment at Electric Vehicle Charging Stations
5.5 Impact Analysis of Drivers And Restraints

6. Power Quality Equipment - Global Market Analysis

6.1 Global Power Quality Equipment Market Overview
6.2 Global Power Quality Equipment Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players

7. Power Quality Equipment Market Revenue and Forecast To 2028 - By Equipment

7.1 Overview
7.2 Power Quality Equipment Market, By Type (2020 & 2028)
7.3 Uninterruptable Power Supply (UPS)
7.3.1 Overview
7.3.2 Uninterruptable Power Supply (UPS): Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.4 Harmonic Filters
7.4.1 Overview
7.4.2 Harmonic Filters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.5 Static VAR Compensator
7.5.1 Overview
7.5.2 Static VAR Compensator: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.6 Power Quality Meters
7.6.1 Overview
7.6.2 Power Quality Meters: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

8. Power Quality Equipment Market Analysis and Forecast To 2028 - By Phase

8.1 Overview
8.2 Power Quality Equipment Market, By Phase (2020 & 2028)
8.3 Single Phase
8.3.1 Overview
8.3.2 Single Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
8.4 Three Phase
8.4.1 Overview
8.4.2 Three Phase: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

9. Power Quality Equipment Market Analysis and Forecast To 2028 - By End-Users

9.1 Overview
9.2 Power Quality Equipment Market, by Industry (2020 & 2028)
9.3 Industrial and Manufacturing
9.3.1 Overview
9.3.2 Industrial and Manufacturing: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Power Quality Equipment Market Revenue and Forecast to 2028 (US$ Million)

10. Power Quality Equipment Market - Geographic Analysis

10.1 Overview
10.2 North America: Power Quality Equipment Market
10.2.1 North America: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Power Quality Equipment Market, By Equipment
10.2.3 North America: Power Quality Equipment Market, By Phase
10.2.4 North America: Power Quality Equipment Market, By End-Users
10.2.5 North America: Power Quality Equipment Market, By Country
10.2.5.1 US: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Power Quality Equipment Market, By Equipment
10.2.5.1.2 US: Power Quality Equipment Market, By Phase
10.2.5.1.3 US: Power Quality Equipment Market, By End-Users
10.2.5.2 Canada: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Power Quality Equipment Market, By Equipment
10.2.5.2.2 Canada: Power Quality Equipment Market, By Phase
10.2.5.2.3 Canada: Power Quality Equipment Market, By End-Users
10.2.5.3 Mexico: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Power Quality Equipment Market, By Equipment
10.2.5.3.2 Mexico: Power Quality Equipment Market, By Phase
10.2.5.3.3 Mexico: Power Quality Equipment Market, By End-Users
10.3 Europe: Power Quality Equipment Market
10.3.1 Europe: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Power Quality Equipment Market, By Equipment
10.3.3 Europe: Power Quality Equipment Market, By Phase
10.3.4 Europe: Power Quality Equipment Market, By End-Users
10.3.5 Europe: Power Quality Equipment Market, By Country
10.3.5.1 Germany: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Power Quality Equipment Market, By Equipment
10.3.5.1.2 Germany: Power Quality Equipment Market, By Phase
10.3.5.1.3 Germany: Power Quality Equipment Market, By End-Users
10.3.5.2 France: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Power Quality Equipment Market, By Equipment
10.3.5.2.2 France: Power Quality Equipment Market, By Phase
10.3.5.2.3 France: Power Quality Equipment Market, By End-Users
10.3.5.3 Italy: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Power Quality Equipment Market, By Equipment
10.3.5.3.2 Italy: Power Quality Equipment Market, By Phase
10.3.5.3.3 Italy: Power Quality Equipment Market, By End-Users
10.3.5.4 UK: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Power Quality Equipment Market, By Equipment
10.3.5.4.2 UK: Power Quality Equipment Market, By Phase
10.3.5.4.3 UK: Power Quality Equipment Market, By End-Users
10.3.5.5 Russia: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Power Quality Equipment Market, By Equipment
10.3.5.5.2 Russia: Power Quality Equipment Market, By Phase
10.3.5.5.3 Russia: Power Quality Equipment Market, By End-Users
10.3.5.6 Rest of Europe: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Power Quality Equipment Market, By Equipment
10.3.5.6.2 Rest of Europe: Power Quality Equipment Market, By Phase
10.3.5.6.3 Rest of Europe: Power Quality Equipment Market, By End-Users
10.4 Asia-Pacific: Power Quality Equipment Market
10.4.1 Asia-Pacific: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia-Pacific: Power Quality Equipment Market, By Equipment
10.4.3 Asia-Pacific: Power Quality Equipment Market, By Phase
10.4.4 Asia-Pacific: Power Quality Equipment Market, By End-Users
10.4.5 Asia-Pacific: Power Quality Equipment Market, By Country
10.4.5.1 Australia: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Power Quality Equipment Market, By Equipment
10.4.5.1.2 Australia: Power Quality Equipment Market, By Phase
10.4.5.1.3 Australia: Power Quality Equipment Market, By End-Users
10.4.5.2 China: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Power Quality Equipment Market, By Equipment
10.4.5.2.2 China: Power Quality Equipment Market, By Phase
10.4.5.2.3 China: Power Quality Equipment Market, By End-Users
10.4.5.3 India: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Power Quality Equipment Market, By Equipment
10.4.5.3.2 India: Power Quality Equipment Market, By Phase
10.4.5.3.3 India: Power Quality Equipment Market, By End-Users
10.4.5.4 Japan: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Power Quality Equipment Market, By Equipment
10.4.5.4.2 Japan: Power Quality Equipment Market, By Phase
10.4.5.4.3 Japan: Power Quality Equipment Market, By End-Users
10.4.5.5 South Korea: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Power Quality Equipment Market, By Equipment
10.4.5.5.2 South Korea: Power Quality Equipment Market, By Phase
10.4.5.5.3 South Korea: Power Quality Equipment Market, By End-Users
10.4.5.6 Rest of Asia-Pacific: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific: Power Quality Equipment Market, By Equipment
10.4.5.6.2 Rest of Asia-Pacific: Power Quality Equipment Market, By Phase
10.4.5.6.3 Rest of Asia-Pacific: Power Quality Equipment Market, By End-Users
10.5 Middle East and Africa: Power Quality Equipment Market
10.5.1 Middle East and Africa: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Power Quality Equipment Market, By Equipment
10.5.3 Middle East and Africa: Power Quality Equipment Market, By Phase
10.5.4 Middle East and Africa: Power Quality Equipment Market, By End-Users
10.5.5 Middle East and Africa: Power Quality Equipment Market, By Country
10.5.5.1 South Africa: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Power Quality Equipment Market, By Equipment
10.5.5.1.2 South Africa: Power Quality Equipment Market, By Phase
10.5.5.1.3 South Africa: Power Quality Equipment Market, By End-Users
10.5.5.2 Saudi Arabia: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: Power Quality Equipment Market, By Equipment
10.5.5.2.2 Saudi Arabia: Power Quality Equipment Market, By Phase
10.5.5.2.3 Saudi Arabia: Power Quality Equipment Market, By End-Users
10.5.5.3 U.A.E: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 U.A.E: Power Quality Equipment Market, By Equipment
10.5.5.3.2 U.A.E: Power Quality Equipment Market, By Phase
10.5.5.3.3 U.A.E: Power Quality Equipment Market, By End-Users
10.5.5.4 Rest of Middle East and Africa: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of Middle East and Africa: Power Quality Equipment Market, By Equipment
10.5.5.4.2 Rest of Middle East and Africa: Power Quality Equipment Market, By Phase
10.5.5.4.3 Rest of Middle East and Africa: Power Quality Equipment Market, By End-Users
10.6 South America: Power Quality Equipment Market
10.6.1 South America: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.6.2 South America: Power Quality Equipment Market, By Equipment
10.6.3 South America: Power Quality Equipment Market, By Phase
10.6.4 South America: Power Quality Equipment Market, By End-Users
10.6.5 South America: Power Quality Equipment Market, By Country
10.6.5.1 Brazil: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Power Quality Equipment Market, By Equipment
10.6.5.1.2 Brazil: Power Quality Equipment Market, By Phase
10.6.5.1.3 Brazil: Power Quality Equipment Market, By End-Users
10.6.5.2 Argentina: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Power Quality Equipment Market, By Equipment
10.6.5.2.2 Argentina: Power Quality Equipment Market, By Phase
10.6.5.2.3 Argentina: Power Quality Equipment Market, By End-Users
10.6.5.3 Rest of South America: Power Quality Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South America: Power Quality Equipment Market, By Equipment
10.6.5.3.2 Rest of South America: Power Quality Equipment Market, By Phase
10.6.5.3.3 Rest of South America: Power Quality Equipment Market, By End-Users

11. Power Quality Equipment Market - Covid-19 Impact Analysis

11.1 Overview
11.2 North America: Impact Assessment of Covid-19 Pandemic
11.3 Europe: Impact Assessment of Covid-19 Pandemic
11.4 Asia Pacific: Impact Assessment of Covid-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of Covid-19 Pandemic
11.6 South America Impact Assessment of Covid-19 Pandemic

12. Industry Landscape

12.1 Market Initiative
12.2 New Development

13. Company Profiles

13.1 Acumentrics.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Emerson Electric Co.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 AMETEK Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Eaton.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 General Electric Company
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Schneider Electric SE
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Siemens AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Toshiba Energy Systems & Solutions Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Hitachi ABB Power Grids Group
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Piller Group GmbH
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments

14. Appendix

14.1 About the Publisher
14.2 Word Index
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Acumentrics
  • Emerson Electric Co.
  • AMETEK Inc.
  • Eaton
  • General Electric Company
  • Schneider Electric SE
  • Siemens AG
  • Toshiba Energy Systems & Solutions Corporation
  • Hitachi ABB Power Grids Group
  • Piller Group GmbH
Note: Product cover images may vary from those shown