Power Quality Equipment Market 2020: Development Status, COVID – 19 Analysis, Regional Trends till 2025
The global power quality equipment market has been segmented based on equipment, phase, end user, and region.
(firmenpresse) - Power Quality Equipment Market Overview
As per the study conducted by Market Research Future, the global market for power quality equipment is likely to grow at the CAGR of around 6%. Power quality equipment are the equipment which are used for power regulation and provide uniform power quality. It helps to ensure a steady supply of voltage within a defined range. The major driver for the growth of the power quality equipment market in the rapid increase in the trends for digitization in the telecommunication industry. The increase in the demand for power is also leading to the increase in the use of power quality equipment. Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 on Power Quality Equipment Market is included in the present report.
Power quality monitoring equipment are embedded within the system itself for improved accuracy in terms of measurement and ease of access. This equipment majorly aims at reducing the usage in a system, wherein the entire work of measurement can be performed with a single or a couple of units. As the system blossoms, the scalability related to the equipment subsequently increases, thereby making it possible to analyse various meters simultaneously.
Leading Players
The global power quality equipment market comprises a number of key players. Some of the most prominent and emerging players were noted down by MRFR in its report. This includes names like Eaton Corporation, PLC (Republic of Ireland), ABB, Ltd. (Switzerland), Active Power, Inc. (U.S.), MTE Corporation (U.S.), Emerson Electric Co. (U.S.), Schneider Electric SE (France), Toshiba Corporation (Japan), General Electric (U.S.), Siemens AG (Germany), Smiths Group plc. (U.K.) and others.
Global Power Quality Equipment Global Market Segmentation
The scope of global Power Quality Equipment Industry is segmented into three major segments which are explained below:
Based on equipment, the global power quality equipment market is segmented into static var compensator, uninterruptable power supply, and power quality meters.
By phase, the global power quality equipment market has been segmented into single-phase and three-phase.
By end-user, the global power quality equipment market is segmented into commercial, residential, industrial & manufacturing, transportation, and utilities.
Regional Analysis
The global power quality equipment market is regionally analyzed and covers the following five geographical territories: Middle East & Africa, Europe, North America, South America, and the Asia Pacific.
The North American region is projected to hold the dominating portion in the global power quality equipment market over the forecast period. The region is slated to grow in the coming years due to a number of key factors. The presence of the US is one of the key drivers, as the nation significantly contributes to the overall growth of the market.
Access Full Report at: https://www.marketresearchfuture.com/reports/power-quality-equipment-market-3088
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Datum: 26.05.2020 - 14:02 Uhr
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News-ID 613120
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Kategorie:
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Typ of Press Release: Financial
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Date of sending: 26/5/2020
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