The power quality as a service market size is expected to see rapid growth in the next few years. It will grow to $3.36 billion in 2030 at a compound annual growth rate (CAGR) of 12%. The growth in the forecast period can be attributed to expansion of smart grids, growth in distributed energy resources, rising demand for uptime guarantees, adoption of predictive maintenance analytics, service based electrical infrastructure models. Major trends in the forecast period include subscription based power quality contracts, remote electrical asset monitoring, outcome based service level agreements, predictive fault detection platforms, integrated compliance reporting tools.
The rising adoption of electric vehicles (EVs) is expected to support the expansion of the power quality as a service market over the forecast period. Increasing EV penetration is primarily driven by the need to reduce greenhouse gas emissions and shift toward cleaner transportation alternatives to fossil fuels. As EV adoption grows, the development of fast-charging and high-capacity charging infrastructure places increased pressure on power grids, resulting in challenges such as voltage instability, harmonics, and power disruptions. Power quality as a service addresses these issues by ensuring consistent and reliable power supply for EV charging networks, reducing downtime, safeguarding sensitive charging equipment, and improving overall system performance. This stability is essential for the widespread deployment and operation of public and commercial EV charging infrastructure. For example, in January 2026, Bloomberg L.P. reported that global EV passenger vehicle sales reached around 22 million units in 2025, reflecting a year-over-year increase of 23%. Therefore, the rising adoption of electric vehicles (EVs) is strengthening the growth of the power quality as a service market.
Key companies operating in the power quality as a service market are emphasizing the development of innovative solutions such as AI-driven power monitoring services to enable real-time detection of power disturbances, optimize energy performance, and prevent costly equipment failures. AI-driven power monitoring services utilize artificial intelligence and advanced analytics to continuously track, analyze, and manage electrical power quality in real time. For instance, in February 2026, Ubicquia, Inc., a US-based technology company, launched AI-driven power monitoring services tailored for commercial and industrial customers, delivered as a service with no upfront capital investment. Powered by its UbiVu analytics platform, the offering provides 24/7 real-time monitoring, visibility, and predictive insights to identify and prevent power quality issues that can lead to outages, equipment damage, and operational downtime. Designed for mission-critical environments such as manufacturing facilities, data centers, logistics hubs, and telecommunications infrastructure, the service helps businesses reduce operational and financial risks associated with poor power quality.
In September 2024, Integrated Power Services (IPS), a US-based supplier of electromechanical services, power management, and reliability solutions, acquired ABB’s Industrial Services division for an undisclosed amount. This acquisition enhanced IPS’s capabilities across renewable energy, copper mining, and power management aftermarket services while adding 115 experienced employees and incorporating legacy expertise and technologies from General Electric and ABB. ABB is a Switzerland-based organization known for delivering comprehensive power quality solutions for manufacturing, utility providers, and heavy industrial sectors.
Major companies operating in the power quality as a service market are Siemens AG, Honeywell International Inc., Schneider Electric SE, ABB Ltd, GE Vernova, Hitachi Energy, Eaton Corporation plc, Mitsubishi Electric Corporation, Enel X, Rockwell Automation, Emerson Electric Co., Vertiv Holdings Co., Delta Electronics Inc., Huawei Technologies Co. Ltd, S&C Electric Company, Schweitzer Engineering Laboratories (SEL), Fluke Corporation (Fortive), Cummins Inc.
Tariffs are influencing the power quality as a service market by increasing the cost of imported electrical components such as filters, sensors, controllers, and conditioning devices used in service delivery models. Higher hardware and integration costs are raising total contract values for voltage control, harmonic filtering, and monitoring solutions. Industrial and utility segments that depend on imported equipment are seeing the strongest pricing pressure. Regions relying heavily on cross border electrical equipment supply chains, especially in asia pacific and europe, are more exposed to these impacts. Service providers are adjusting through supplier diversification and localized sourcing strategies. At the same time, tariffs are encouraging domestic manufacturing and regional assembly of power quality systems. This shift is creating new local partnership opportunities and improving long term service ecosystem stability.
The power quality as a service market research report is one of a series of new reports that provides power quality as a service market statistics, including power quality as a service industry global market size, regional shares, competitors with a power quality as a service market share, detailed power quality as a service market segments, market trends and opportunities, and any further data you may need to thrive in the power quality as a service industry. This power quality as a service 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 as a service refers to a service-based solution that guarantees stable and reliable electrical performance for customers through continuous monitoring and corrective interventions. It emphasizes maintaining voltage stability, minimizing disturbances, and enhancing overall electrical efficiency within power systems. This service model allows customers to achieve consistent power quality results without the need to own or manage complex infrastructure.
The main solution types of power quality as a service include voltage control, harmonic filtering, power monitoring, power conditioning, and other solution types. Voltage control refers to solutions that regulate and stabilize voltage levels within electrical systems to ensure a reliable and consistent power supply. These services are provided through multiple service models, including consulting, implementation and integration, support and maintenance, and managed services, and address the needs of various end-users, such as industrial, commercial, utilities, and other end-users.
The power quality as a service market includes revenues earned by entities through power conditioning and filtering services, real-time fault detection and diagnostics, predictive maintenance and performance optimization, and compliance reporting and regulatory support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
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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Table of Contents
Executive Summary
Power Quality as a Service Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses power quality as a service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for power quality as a service? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The power quality as a service market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Solution Type: Voltage Control; Harmonic Filtering; Power Monitoring; Power Conditioning; Other Solution Types2) By Service Model: Consulting; Implementation and Integration; Support and Maintenance; Managed Services
3) By End-User: Industrial; Commercial; Utilities; Other End-Users
Subsegments:
1) By Voltage Control: Automatic Voltage Regulators; Tap Changers; Voltage Stabilizers; Load Shedding Devices2) By Harmonic Filtering: Active Harmonic Filters; Passive Harmonic Filters; Hybrid Harmonic Filters; Tuned Harmonic Filters
3) By Power Monitoring: Real Time Monitoring Systems; Energy Meters; Power Quality Analyzers; Remote Monitoring Solutions
4) By Power Conditioning: Uninterruptible Power Supplies; Static Transfer Switches; Surge Protection Devices; Voltage Conditioners
5) By Other Solution Types: Reactive Power Compensation; Frequency Regulation Devices; Energy Storage Systems; Custom Power Solutions
Companies Mentioned: Siemens AG; Honeywell International Inc.; Schneider Electric SE; ABB Ltd; GE Vernova; Hitachi Energy; Eaton Corporation plc; Mitsubishi Electric Corporation; Enel X; Rockwell Automation; Emerson Electric Co.; Vertiv Holdings Co.; Delta Electronics Inc.; Huawei Technologies Co. Ltd; S&C Electric Company; Schweitzer Engineering Laboratories (SEL); Fluke Corporation (Fortive); Cummins Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Power Quality as a Service market report include:- Siemens AG
- Honeywell International Inc.
- Schneider Electric SE
- ABB Ltd
- GE Vernova
- Hitachi Energy
- Eaton Corporation plc
- Mitsubishi Electric Corporation
- Enel X
- Rockwell Automation
- Emerson Electric Co.
- Vertiv Holdings Co.
- Delta Electronics Inc.
- Huawei Technologies Co. Ltd
- S&C Electric Company
- Schweitzer Engineering Laboratories (SEL)
- Fluke Corporation (Fortive)
- Cummins Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | March 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 2.14 Billion |
| Forecasted Market Value ( USD | $ 3.36 Billion |
| Compound Annual Growth Rate | 12.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 19 |


