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Power Quality Equipment Market Worth $46.1 Billion by 2026 - Exclusive Report by MarketsandMarkets


Power Quality Equipment Market Worth $46.1 Billion by 2026 - Exclusive Report by MarketsandMarkets
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 , published by MarketsandMarkets, the Power Quality Equipment Market size will grow to USD 46.1 billion by 2026 (forecast year) from USD 32.4 billion in 2021 (estimated year), 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 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 Equipment Market ....

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