Expanding Power Generation Industry to Augment Demand for Power Quality Equipment Market
Reducing overall carbon footprint from electrical devices by improving power quality and maximizing financial costs and energy savings are the key factors driving the growth of the power quality equipment market. The worldwide increase in adoption of smart grid technologies and the integration variable renewable energy with power grids are expected to offer profitable opportunities for the power quality...
Power Quality Equipment Market is Growing Rapidly – Increasing Adoption of Smart Grid Technologies Worldwide to Drive Market
Power Quality Equipment Market New Revenue Pockets:
The global power quality equipment market is projected to reach USD 46.1 billion by 2026 from an estimated USD 32.4 billion in 2021, at a CAGR of 7.3% during the forecast period. Reducing overall carbon footprint from electrical devices by improving power quality and maximizing financial costs and energy savings are the key factors driving the...
Power Quality Equipment Market Size to Grow $46.1 billion by 2026
The report “Power Quality Equipment Market by Equipment (UPS, Harmonic Filters, Surge Protection Devices, Voltage Regulators, Static VAR compensators, Power Quality Meters), Phase (Single and Three Phase), End User, and Region – Global Forecast to 2026” The power quality equipment market size will grow to USD 46.1 billion by 2026 (forecast year) from USD 32.4 billion in 2021...