Categories: Market Research

Power Quality Equipment Market 2023 – Industry Size, Growth, Share, Top Key Players | Eaton, ABB, Siemens, Schneider Electric, General Electric

The Business Research Company’s Power Quality Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Power Quality Equipment Global Market Report 2023 evaluates power quality equipment market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global power quality equipment market size grew from $23.35 billion in 2022 to $24.94 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The power quality equipment market size is expected to grow to $32.58 billion in 2027 at a CAGR of 6.9%.

The power quality equipment market segments in the report are:

1) Power Quality Equipment Market By Equipment:
Surge Arresters
Surge Protection Devices
Harmonic Filters
Power Conditioning Units
Power Distribution Unit
Uninterruptable Power Supply
Synchronous Condenser
Voltage Regulator
Digital Static Transfer Switch
Static VAR Compensator
Solid Oxide Fuel Cells
Isolation Transformers
Power Quality Meters
Other Equipments

2) Power Quality Equipment Market By Phase:
Single Phase
Three Phase

3) Power Quality Equipment Market By Application:
Industrial & Manufacturing
Commercial
Residential
Transportation
Utilities

Top Major Players:

Eaton
ABB
Siemens
Schneider Electric
General Electric

Asia-Pacific was the largest region in the power quality equipment market in 2022 and is also expected to be the fastest-growing region in the forecast period.

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The table of contents in TBRC’s power quality equipment market report includes:

Executive Summary
Power Quality Equipment Market Characteristics
Power Quality Equipment Market Trends And Strategies
Power Quality Equipment Market – Macro Economic Scenario
Power Quality Equipment Market Size And Growth

………

Africa Power Quality Equipment Market
Power Quality Equipment Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Power Quality Equipment Market
Power Quality Equipment Market Future Outlook and Potential Analysis
Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Power Quality Equipment Market, Segmentation By Equipment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Power Quality Equipment Market, Segmentation By Phase, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Power Quality Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

…………

Table 46: Eaton Financial Performance

Table 47: ABB Financial Performance

Table 48: Siemens Financial Performance

Table 49: Schneider Electric Financial Performance

Table 50: General Electric Financial Performance

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