Us Power Quality Improvement Equipment Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Power Quality Improvement Equipment Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.1 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The United States power quality improvement equipment market is experiencing significant growth, driven by the increasing demand for reliable and efficient power solutions across various industries. As of 2024, the market was valued at approximately USD 5.6 billion and is projected to reach USD 7.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.8% from 2025 to 2030.
Several factors contribute to this upward trajectory:
Industrial Expansion: The rapid growth of industrial and manufacturing sectors necessitates stable power supplies to ensure seamless operations.
Renewable Energy Integration: The incorporation of renewable energy sources into the power grid introduces variability, increasing the need for power quality equipment to maintain consistency.
Technological Advancements: The rise of sensitive electronic equipment in sectors like healthcare and IT demands high-quality power to prevent disruptions and equipment damage.
In my professional experience, I've observed that uninterruptible power supplies (UPS) are among the most sought-after solutions in this market. Businesses prioritize UPS systems to safeguard critical operations against power interruptions. Additionally, surge protection devices and harmonic filters are essential in mitigating power disturbances and ensuring equipment longevity.
However, the market faces challenges. The world's largest transformer manufacturer, Hitachi Energy, has highlighted supply chain constraints, with transformer production struggling to meet the surging demand. This bottleneck could potentially delay infrastructure projects aimed at enhancing power quality.
Despite these challenges, the future of the U.S. power quality improvement equipment market appears promising. The integration of smart grid technologies and the Internet of Things (IoT) is set to revolutionize power quality management, offering more intelligent and automated solutions. Moreover, the focus on renewable energy integration and grid resilience opens new avenues for innovation and growth in the sector.
For stakeholders, staying abreast of technological advancements and proactively addressing supply chain issues will be crucial in capitalizing on the opportunities within this evolving market landscape.
Get an In-Depth Research Analysis of the Global Power Quality Improvement Equipment Market Size And Forecast [2025-2032]
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ABB
Siemens
Schneider
Eaton
GE Grid Solutions
Ducati energia S.p.A.
Socomec
LOVATO Electric
ICAR SpA
Captech
Hubbell
KBR Kompensationsanlagenbau GmbH
Terasaki
Shimatsu
Rongxin Power Electronic
Sieyuan Electric
Mitsubishi Electric
Hitachi
Toshiba
S&C Electric
Hangzhou Yinhu Electric
AMSC
Xian XD Power
Weihan
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Power Quality Improvement Equipment Market
Low Voltage
Medium Voltage
High Voltage
Voltage Regulators
Power Conditioners
Surge Protection Devices
Uninterruptible Power Supply (UPS)
Harmonic Filters
Industrial
Commercial
Residential
Energy & Power
Manufacturing
IT & Telecom
Healthcare
Transportation
Capacitors
Transformers
Rectifiers
Inverters
Filters
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Power Quality Improvement Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Power Quality Improvement Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Power Quality Improvement Equipment Market, By Type
6. Global Power Quality Improvement Equipment Market, By Application
7. Global Power Quality Improvement Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Power Quality Improvement Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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