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Power Quality Equipment Global Market Report 2022: Market Size, Trends, And Forecast To 2026

The Business Research Company’s Power Quality Equipment Global Market Report 2022: Market Size, Trends, And Forecast To 2026

LONDON, GREATER LONDON, UK, July 28, 2022 /EINPresswire.com/ -- According to ‘Power Quality Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the power quality equipment market is expected to reach $31.81 billion in 2026 at a CAGR of 7.83%. According to the power quality equipment industry analysis, an increase in the demand for power is significantly driving the growth of the market.

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The power quality equipment market consists of sales of power quality equipment by entities (organizations, sole traders, and partnerships) that are devices used for measuring, analyzing, and improving voltage to help maintain a continuous wave and also a smooth periodic function waveform of a rated voltage and frequency. Power quality equipment is a vital device/system used to protect electrical equipment from failing prematurely or malfunctioning.

Global Power Quality Equipment Market Trends Technological innovation is a key trend shaping the power quality equipment market outlook. According to the power quality equipment market overview, major companies are focused on developing new technological solutions such as high-speed transient monitoring to meet end-customer demands and strengthen their market position. For instance, in November 2020, Schneider Electric released the PowerLogic ION9000T. This ION9000T adds high-speed transient monitoring to the high-performance power quality meter, helping to avoid outages, equipment damage, failures, and interruption of critical operations.

Global Power Quality Equipment Market Segments The global power quality equipment market is segmented: 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, Others By Phase: Single Phase, Three Phase By Application: Industrial and Manufacturing, Commercial, Residential, Transportation, Utilities By Geography: The global power quality equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

Read More On The Global Power Quality Equipment Market Report Here https://www.thebusinessresearchcompany.com/report/power-quality-equipment-global-market-report

Power Quality Equipment Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides power quality equipment market overviews, analyzes and forecasts market size and growth for the global power quality equipment market, power quality equipment market share, power quality equipment market segments and geographies, power quality equipment market players, power quality equipment market leading competitor revenues, profiles and market shares. The power quality equipment market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

TBRC’s Power Quality Equipment Global Market Report 2022 includes information on the following:

Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies

Key Market Players: Eaton, ABB, Siemens, Schneider Electric, General Electric, Toshiba, Emerson, Legrand, Leviton Manufacturing, MTE, Honeywell, AMETEK Powervar, Piller Power Systems Acumentrics, and Socomec Group.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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About The Business Research Company? The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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