Power Quality Equipment Market: Overview

Power quality is addressed typically based on a number of parameters. Common parameters such as flicker, current, harmonics, voltage dips, power, voltage, and transients are handled by power quality measurement equipment. These equipment are able to handle multiple disturbances. The fact that instruments which can handle multiple disturbances measurements is the prime reason for its usage in power quality measurement because these disturbances tend to become a potential fault condition. It is difficult to predict in advance what kind of disturbances may result in a potential fault; therefore, instruments with multiple disturbance detection capabilities are put into use.

Power Quality Equipment Market: Dynamics and Trends

Power quality monitoring equipment are embedded in the system itself for ease of access and improved accuracy in measurements. Power quality equipment primarily aim to reduce multiple equipment usage in a system where the entire work of measurement can be done with a single or a couple of units. As the system grows, the scalability of the power quality measurement equipment increases. Thus, it is possible to analyze multiple meters simultaneously. These equipment can centrally configure and administer meters into groups. They can automatically download data from the meters itself. A simplified overview of the disturbance can be achieved. This output can be spread throughout the grid for rectification process. .

Power quality equipment also support the databases where collection and analysis of the data can be read and stored with no time lags. This measurement of quality is essential to extract statistical data of power quality measurement that is vital for long term basis. For instance, review and analysis of the data collected over several years can be performed using power quality equipment in order to obtain immunity from disturbances. Trends that occur over a period of time can also be extracted from these equipment.

Power quality equipment can also measure and analyze data required for a short (monthly basis) period. Power quality measurement equipment with display screen can perform short measurements (hours and minutes based). This is essential in cases where constant troubleshooting has to be performed on the system. These equipment can also function in sub-zero temperatures and extreme temperature-variation regions/places.

Power Quality Equipment Market: Segmentation

In terms of equipment, the power quality equipment market can be segmented into surge protection devices, power quality meters, harmonic filters, un-interrupted power supply, power conditioning units, and others. Based on end-user, the market can be divided into utilities, commercial & residential, industrial & manufacturing, and others. In terms of region, the global power quality equipment market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Power Quality Equipment Market: Region-wise Outlook

The global power quality equipment market is driven by the rise in requirement of electronic devices protection systems, power quality uniformity and uninterrupted supply, and global quality standardization in power quality measurements. Asia Pacific is expected to account for major share of the power quality equipment market during the forecast period, especially after the Paris Agreement on climate change in 2016.

Power Quality Equipment Market: Key Players

Key players operating in the global power quality equipment market include ABB Ltd., Siemens AG, Schneider Electric, EATON Corporation Plc., and Emerson Electric Company.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Power Quality Equipment Market

Pre Book