The global residential power conditioner market is dominated by several key players focusing on offering efficient and reliable power conditioners to address the rising demand for stable voltage. These players are particularly addressing the concerns for smart home technology and renewable energy systems. Partnerships and acquisitions are two of the key strategies adopted by prominent market players to remain competitive. For instance, in March 2021, Eaton announced the acquisition of Tripp Lite. This acquisition was aimed at expanding Eaton’s power quality business in America.
Author Credits: Dhruv Bhatia
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