About Contact Us Careers
Sign In

Power Factor Correction Market - Top Companies and Manufacturers

  • Report ID: 3305
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Companies Dominating the Power Factor Correction Market

    • Abb Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Eaton Corporation
    • Schneider Electric
    • General Electric
    • NAAC ENERGY CONTROLS
    • WEG S.A.
    • Texas Instruments Inc.
    • TDK Electronics AG
    • ON Semiconductor Components Industries LLC
    • STMicroelectronics
Browse Key Market Insights with Data Illustration:

In the News

  • In March 2021, Schneider Electric announced the launch of the new AccuSine PCSn active harmonic filter for low voltage applications, designed to help customers improve power quality, reduce energy waste and reduce operating costs.
  •  In May 2021, ABB introduced the new PQF800-T reactive power compensation module, designed to help improve power quality and reduce energy consumption in industrial and commercial applications.

Author Credits:  Abhishek Verma


  • Report ID: 3305
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of power factor correction is evaluated at USD 2.47 billion.

The power factor correction market size was over USD 2.37 billion in 2024 and is projected to exceed USD 4.64 billion by the end of 2037, witnessing over 5.3% CAGR during the forecast period i.e., between 2025-2037. The growing demand for energy-efficient solutions and; the increasing integration of IoT and cloud computing will boost the market growth.

Asia Pacific industry is predicted to dominate majority revenue share 35% by 2037, due to rising substantial industrialization and urbanization in the region.

The major players in the market are of NAAC ENERGY CONTROLS, WEG S.A., Texas Instruments Inc., TDK Electronics AG, ON Semiconductor Components Industries LLC, STMicroelectronics, and others.
Inquiry Before Buying Request Free Sample

Copyright © 2024 Research Nester. All Rights Reserved

logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample