Power Quality Equipment Market Report 2026

The power quality equipment market size has grown strongly in recent years. It will grow from $27.15 billion in 2025 to $28.63 billion in 2026 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to growth in industrial equipment protection needs, early adoption of surge protection devices, rising power fluctuations in commercial facilities, expansion of utility grid modernization efforts, reliance on conventional voltage regulators.

The power quality equipment market size is expected to see strong growth in the next few years. It will grow to $35.2 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing demand for harmonic filtering solutions, expansion of data center infrastructure, growing investments in smart utility networks, rising adoption of advanced ups systems, development of high-precision power monitoring devices. Major trends in the forecast period include adoption of intelligent voltage monitoring systems, expansion of IoT-enabled power quality platforms, development of cloud-based energy analytics, advancement of sustainable grid stabilization technologies, integration of AI-assisted harmonic detection.

Increasing government investments in grid modernization projects are significantly driving the growth of the power quality equipment market. Grid modernization refers to the process of upgrading the electrical grid to make it safer, more efficient, and capable of supporting new technologies, new forms of electricity generation and distribution, and the integration of renewable energy sources. As countries work to improve their energy infrastructure and ensure a more stable and reliable power supply, the demand for power quality equipment - such as voltage regulators, surge protectors, and uninterruptible power supplies - has increased. These investments play a vital role in addressing power quality issues, minimizing downtime, and enhancing overall grid efficiency, thereby fueling the expansion of the power quality equipment market. For example, in October 2023, the Grid Deployment Office, a U.S.-based office dedicated to providing electricity to all by maintaining and investing in essential power facilities, announced a $10.5 billion investment in the Grid Resilience and Innovation Partnerships (GRIP) Program under the Bipartisan Infrastructure Law to boost grid flexibility and strengthen the power system’s resilience against increasing threats from extreme weather and climate change. Thus, growing government investments in grid modernization projects will increase demand for power quality equipment.

Major companies operating in the power quality equipment sector are focusing on strategic collaborations to meet customer needs and reinforce their market position. Strategic partnerships refer to a process in which companies utilize each other's strengths and resources to achieve mutual advantages and long-term success. For instance, in June 2023, Deere & Company (John Deere), a U.S.-based manufacturer of heavy and turf equipment, announced strategic collaborations with EGO, a U.S.-based battery-powered outdoor equipment company, and Chervon, a China-based power tool and outdoor power equipment company. The collaboration aims to offer homeowners a comprehensive selection of EGO's battery-powered lawn care products through John Deere dealers. This partnership combines John Deere's strong market presence with EGO's innovative and environmentally friendly solutions. Under this agreement, John Deere dealers will offer EGO-branded battery products, contributing to the expansion of the power electronics sector. As part of this arrangement, the brands will be able to provide EGO battery-powered lawn care solutions to households.

In September 2023, AMETEK, Inc., a US-based manufacturer of electronic instruments and electromechanical devices, acquired United Electronic Industries for an undisclosed amount. This acquisition enhances AMETEK's capabilities in the aerospace, defense, energy, and semiconductor sectors, with a particular focus on power quality equipment. United Electronic Industries specializes in manufacturing data acquisition and control systems in the United States.

Major companies operating in the power quality equipment market are Eaton Corporation plc, ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Company (GE), Toshiba Corporation, Emerson Electric Co., Legrand SA, Piller Group GmbH, Leviton Manufacturing Co. Inc., MTE Corporation, Socomec India Private Limited, Hitachi ABB Power Grids Ltd., Active Power Inc., Powervar Inc., S&C Electric Company, Delta Electronics Inc., Mitsubishi Electric Corporation, Fuji Electric Co. Ltd., SolaHD, Phoenix Contact GmbH & Co. KG, Panduit Corporation, Littelfuse Inc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the power quality equipment market by increasing the cost of imported semiconductors, capacitors, transformers, and metal housings required for surge protection, UPS systems, harmonic filters, and voltage regulators. Industrial, utility, and commercial segments in North America and Europe face the greatest pressure due to dependence on global component supply chains. However, tariffs are also stimulating localized manufacturing, diversification of supplier bases, and innovation in cost-efficient grid reliability technologies to strengthen long-term power system resilience.

The power quality equipment market research report is one of a series of new reports that provides power quality equipment market statistics, including power quality equipment industry global market size, regional shares, competitors with a power quality equipment market share, detailed power quality equipment market segments, market trends and opportunities and any further data you may need to thrive in the power quality equipment industry. This power quality equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Power quality equipment comprises devices designed for measuring, analyzing, and enhancing voltage to ensure the maintenance of a continuous and smooth periodic function waveform at a rated voltage and frequency. This equipment is essential for safeguarding electrical systems, preventing premature failure or malfunction of connected devices.

The primary types of power quality equipment encompass surge arresters, surge protection devices, harmonic filters, power conditioning units, power distribution units, uninterruptible power supply (UPS), synchronous condensers, voltage regulators, digital static transfer switches, static var compensators, solid oxide fuel cells, isolation transformers, power quality meters, and other related devices. Surge arresters act as protective devices, limiting voltage on equipment by discharging or bypassing surge current, thereby preventing the flow of current to the ground. They find application in single-phase and three-phase power generation and distribution systems across various industries, including industrial and manufacturing, commercial, residential, transportation, and utilities.Asia-Pacific was the largest region in the power quality equipment market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the power quality equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the power quality equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The power quality equipment market consists of sales of voltage regulators, isolation transformers, uninterruptible power supply (UPS), backup generators and surge protection devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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