Sag Corrector Market Analysis

End-User Industry (Retail, Healthcare, Manufacturing)

The manufacturing segment in the sag corrector market is expected to hold a 30% revenue share during the forecasted period. The fact that the manufacturing sector is increasingly reliant on energy from electricity to power equipment deployed at its production facilities, as well as increased concern about air quality problems which have a serious impact on industrial productivity, has contributed to growth in this segment. According to MECS 2018, the combined energy use by six energy-intensive manufacturing subsectors—chemicals, petroleum, and coal products, paper, primary metals, food, and non-metallic minerals products—equalled 16.9 quadrillions Btu, or 87% of total manufacturing energy consumption.

Application (Data Center, Robotics & Machinery, Pharmaceuticals & Medicals)

Sag corrector market from the robotics & machinery segment is anticipated to grow at a significant rate during the projected year and has a 40% market share. The robotic system is connected via a power line to the electric grid, which allows them to be exposed to general electrical disturbances such as voltage drops. 88% of businesses want to spend money integrating industrial robotics into their operations. Around 3 million industrial robots are in operation worldwide. Every year, some 400,000 new robots are introduced to the market.

Our in-depth analysis of the global market includes the following segments:

Amp Rating	Less than 25A 26A-110A 111A-400A More than 400A
Line Voltage	Less than 220VAC 221VAC-415VAC More than 416VAC
Wiring Type	Single Phase(L-L) Single Phase (L-N) Three Phase (3-Wire) Three Phase (4-Wire)]
Application	Data Center Robotics & Machinery Pharmaceuticals & Medicals
End-User Industry	Retail Healthcare Manufacturing

Frequently Asked Questions (FAQ)

The major factors driving the growth of the Sag Corrector market are voltage fluctuations and numerous other benefits associated with it.

The market size of sag corrector is anticipated to attain a CAGR of 6.5% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Schneider Electric, Shizuki, Eaton Corporation plc, General electric company, LS Electric Co Ltd, Sinexcel, Bharat Electronics limited, and others.

The manufacturing segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Sag Corrector Market Analysis