This report contains market size and forecasts of Power Factor Correction Equipment in global, including the following market information:
Global Power Factor Correction Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Power Factor Correction Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Power Factor Correction Equipment companies in 2021 (%)
The global Power Factor Correction Equipment market was valued at 6917.9 million in 2021 and is projected to reach US$ 9595.6 million by 2028, at a CAGR of 4.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Power Capacitor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Factor Correction Equipment include ABB, Schneider Electric, Siemens, Eaton, GE Grid Solutions, NISSIN ELECTRIC, Guilin Power Capacitor, Hubbell and Xian XD Power, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Power Factor Correction Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Factor Correction Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Factor Correction Equipment Market Segment Percentages, by Type, 2021 (%)
Power Capacitor
AC Reactor
Active Power Filter
Others
Global Power Factor Correction Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Factor Correction Equipment Market Segment Percentages, by Application, 2021 (%)
Commercial Utility
Industrial Utility
Public Power Supply
Global Power Factor Correction Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Factor Correction Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Power Factor Correction Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Power Factor Correction Equipment revenues share in global market, 2021 (%)
Key companies Power Factor Correction Equipment sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Power Factor Correction Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Schneider Electric
Siemens
Eaton
GE Grid Solutions
NISSIN ELECTRIC
Guilin Power Capacitor
Hubbell
Xian XD Power
Herong Electric
Shizuki Electric
Sieyuan Electric
Socomec
Rongxin Power Electronic
Ducati Energia
Iskra
ICAR SpA
Hangzhou Yinhu Electric