The global power quality equipment market size was valued at approx $28 billion in 2024 and is projected to reach $45.6 billion by 2033, growing at a CAGR of 6.2% from 2025 to 2033.

Power quality equipment refers to devices designed to ensure regulated power supply with minimal spikes. Complete failure or lag in electrical power can cause large electronic systems to malfunction, resulting in expensive downtime, damaged or lost data and damaged hardware. This may result in revenue loss and reduced productivity. Power quality equipment offers effective protection against power disturbances by providing continuous power automatically and virtually instantaneously despite any disturbances. As a result, power quality equipment has witnessed widespread application across industrial manufacturing & processing, IT & telecom, commercial spaces, energy & utilities and several others.

Continually increasing power consumption  is the core driving factor for power quality equipment market. In addition, consistently growing industrial manufacturing & processing sector worldwide forms another major factor driving market growth. Industrial manufacturing & processing is the largest consumer of electricity, followed by transportation, residential and commercial sectors. Due to rapid industrial sector growth observed in Asia Pacific, the demand for related power quality equipment is projected to remain strong over the forecast period. Further, growing trend of digitalization in the telecommunication industry makes it a vital consumer of power-quality equipment. The need for high capacity and efficient electric power supply systems to servers, data centers and other power-related infrastructure are the major factors boosting the segment growth. Due to growing adoption of renewable energy sources, there is significant increase in the number of renewable power generation projects over the period. This focus towards renewable energy project is expected to increase the demand for power-quality equipment to measure the quality of the power generated in distribution substations.

Asia Pacific dominates the global power quality equipment market. Investments in data centers and urban infrastructure for the telecom industry have paved a way for the demand for power-quality equipment to grow phenomenally in this region. Whereas, rapidly growing industrial manufacturing and IT & telecom sectors in Asia Pacific are the main factors driving the regional market growth.

Key Players Identified in Power Quality Equipment Market include but are not limited to:

ABB Ltd., Active Power, Inc., Eaton Corporation Plc., Emerson Electric Co., MTE Corporation, Schneider Electric SE, Siemens AG, Smiths Group plc., Toshiba International Corporation Pty Ltd., General Electric, Legrand S.A., Acumentrics Corporation, Leviton Manufacturing Company, Inc., AMETEK Inc, Honeywell International Inc., Piller Power Systems, Socomec, Infinite Electronics Duromax And Others.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Power Quality Equipment market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Power Quality Equipment market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Power Quality Equipment market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Power Quality Equipment market?
• Which is the largest regional market for Power Quality Equipment market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Power Quality Equipment market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Power Quality Equipment market worldwide?