Volt/VAR Management Market Report and Forecast 2025-2034

Published Aug 13, 2025

Length 154 Pages

SKU # EMAR20436267

Description

The global volt/VAR management market is expected to grow at a CAGR of 5.50% between 2025 and 2034.

By lowering reactive power flows, reducing maximum power through voltage reduction, and keeping the voltage within boundaries, volt/VAR management solutions assist in reducing energy loss. Some of its key features include voltage reduction, integration of renewables and distributed energy sources, inclusion of grid storage, network re-configuration, and improved voltage control.

Market Segmentation

“Volt/VAR Management Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

Hardware
Software and Services

Market Breakup by Application

Generation
Transmission
Distribution

Market Breakup by End User

Electric Utility
Industrial

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Market Analysis

The global volt/VAR management industry is driven by the factors like increased need for electricity, distributed energy generation complexity, reduced operating expenditure, optimisation of the power factor, increased emphasis on reducing distribution losses, increased use of intelligent grids, enhanced technological progress, and reduced power outages.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global volt/VAR management market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

ABB Ltd.
Eaton Corporation PLC
General Electric Company (GE Energy)
Schneider Electric SE
Siemens AG
Landis+Gyr AG
Dominion Voltage Inc
Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

1 Executive Summary: 1.1 Market Size 2024-2025; 1.2 Market Growth 2025(F)-2034(F); 1.3 Key Demand Drivers; 1.4 Key Players and Competitive Structure; 1.5 Industry Best Practices; 1.6 Recent Trends and Developments; 1.7 Industry Outlook
2 Market Overview and Stakeholder Insights: 2.1 Market Trends; 2.2 Key Verticals; 2.3 Key Regions; 2.4 Supplier Power; 2.5 Buyer Power; 2.6 Key Market Opportunities and Risks; 2.7 Key Initiatives by Stakeholders
3 Economic Summary: 3.1 GDP Outlook; 3.2 GDP Per Capita Growth; 3.3 Inflation Trends; 3.4 Democracy Index; 3.5 Gross Public Debt Ratios; 3.6 Balance of Payment (BoP) Position; 3.7 Population Outlook; 3.8 Urbanisation Trends
4 Country Risk Profiles: 4.1 Country Risk; 4.2 Business Climate
5 Global Volt/VAR Management Market Analysis: 5.1 Key Industry Highlights; 5.2 Global Volt/VAR Management Historical Market (2018-2024); 5.3 Global Volt/VAR Management Market Forecast (2025-2034); 5.4 Global Volt/VAR Management Market by Component; 5.4.1 Hardware; 5.4.1.1 Historical Trend (2018-2024); 5.4.1.2 Forecast Trend (2025-2034); 5.4.2 Software and Services; 5.4.2.1 Historical Trend (2018-2024); 5.4.2.2 Forecast Trend (2025-2034); 5.5 Global Volt/VAR Management Market by Application; 5.5.1 Generation; 5.5.1.1 Historical Trend (2018-2024); 5.5.1.2 Forecast Trend (2025-2034); 5.5.2 Transmission; 5.5.2.1 Historical Trend (2018-2024); 5.5.2.2 Forecast Trend (2025-2034); 5.5.3 Distribution; 5.5.3.1 Historical Trend (2018-2024); 5.5.3.2 Forecast Trend (2025-2034); 5.6 Global Volt/VAR Management Market by End User; 5.6.1 Electric Utility; 5.6.1.1 Historical Trend (2018-2024); 5.6.1.2 Forecast Trend (2025-2034); 5.6.2 Industrial; 5.6.2.1 Historical Trend (2018-2024); 5.6.2.2 Forecast Trend (2025-2034); 5.7 Global Volt/VAR Management Market by Region; 5.7.1 North America; 5.7.1.1 Historical Trend (2018-2024); 5.7.1.2 Forecast Trend (2025-2034); 5.7.2 Europe; 5.7.2.1 Historical Trend (2018-2024); 5.7.2.2 Forecast Trend (2025-2034); 5.7.3 Asia Pacific; 5.7.3.1 Historical Trend (2018-2024); 5.7.3.2 Forecast Trend (2025-2034); 5.7.4 Latin America; 5.7.4.1 Historical Trend (2018-2024); 5.7.4.2 Forecast Trend (2025-2034); 5.7.5 Middle East and Africa; 5.7.5.1 Historical Trend (2018-2024); 5.7.5.2 Forecast Trend (2025-2034)
6 North America Volt/VAR Management Market Analysis: 6.1 United States of America; 6.1.1 Historical Trend (2018-2024); 6.1.2 Forecast Trend (2025-2034); 6.2 Canada; 6.2.1 Historical Trend (2018-2024); 6.2.2 Forecast Trend (2025-2034)
7 Europe Volt/VAR Management Market Analysis: 7.1 United Kingdom; 7.1.1 Historical Trend (2018-2024); 7.1.2 Forecast Trend (2025-2034); 7.2 Germany; 7.2.1 Historical Trend (2018-2024); 7.2.2 Forecast Trend (2025-2034); 7.3 France; 7.3.1 Historical Trend (2018-2024); 7.3.2 Forecast Trend (2025-2034); 7.4 Italy; 7.4.1 Historical Trend (2018-2024); 7.4.2 Forecast Trend (2025-2034); 7.5 Others
8 Asia Pacific Volt/VAR Management Market Analysis: 8.1 China; 8.1.1 Historical Trend (2018-2024); 8.1.2 Forecast Trend (2025-2034); 8.2 Japan; 8.2.1 Historical Trend (2018-2024); 8.2.2 Forecast Trend (2025-2034); 8.3 India; 8.3.1 Historical Trend (2018-2024); 8.3.2 Forecast Trend (2025-2034); 8.4 ASEAN; 8.4.1 Historical Trend (2018-2024); 8.4.2 Forecast Trend (2025-2034); 8.5 Australia; 8.5.1 Historical Trend (2018-2024); 8.5.2 Forecast Trend (2025-2034); 8.6 Others
9 Latin America Volt/VAR Management Market Analysis: 9.1 Brazil; 9.1.1 Historical Trend (2018-2024); 9.1.2 Forecast Trend (2025-2034); 9.2 Argentina; 9.2.1 Historical Trend (2018-2024); 9.2.2 Forecast Trend (2025-2034); 9.3 Mexico; 9.3.1 Historical Trend (2018-2024); 9.3.2 Forecast Trend (2025-2034); 9.4 Others
10 Middle East and Africa Volt/VAR Management Market Analysis: 10.1 Saudi Arabia; 10.1.1 Historical Trend (2018-2024); 10.1.2 Forecast Trend (2025-2034); 10.2 United Arab Emirates; 10.2.1 Historical Trend (2018-2024); 10.2.2 Forecast Trend (2025-2034); 10.3 Nigeria; 10.3.1 Historical Trend (2018-2024); 10.3.2 Forecast Trend (2025-2034); 10.4 South Africa; 10.4.1 Historical Trend (2018-2024); 10.4.2 Forecast Trend (2025-2034); 10.5 Others
11 Market Dynamics: 11.1 SWOT Analysis; 11.1.1 Strengths; 11.1.2 Weaknesses; 11.1.3 Opportunities; 11.1.4 Threats; 11.2 Porter’s Five Forces Analysis; 11.2.1 Supplier’s Power; 11.2.2 Buyer’s Power; 11.2.3 Threat of New Entrants; 11.2.4 Degree of Rivalry; 11.2.5 Threat of Substitutes; 11.3 Key Indicators for Demand; 11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape: 13.1 Supplier Selection; 13.2 Key Global Players; 13.3 Key Regional Players; 13.4 Key Player Strategies; 13.5 Company Profiles; 13.5.1 ABB Ltd.; 13.5.1.1 Company Overview; 13.5.1.2 Product Portfolio; 13.5.1.3 Demographic Reach and Achievements; 13.5.1.4 Certifications; 13.5.2 Eaton Corporation PLC; 13.5.2.1 Company Overview; 13.5.2.2 Product Portfolio; 13.5.2.3 Demographic Reach and Achievements; 13.5.2.4 Certifications; 13.5.3 General Electric Company (GE Energy); 13.5.3.1 Company Overview; 13.5.3.2 Product Portfolio; 13.5.3.3 Demographic Reach and Achievements; 13.5.3.4 Certifications; 13.5.4 Schneider Electric SE; 13.5.4.1 Company Overview; 13.5.4.2 Product Portfolio; 13.5.4.3 Demographic Reach and Achievements; 13.5.4.4 Certifications; 13.5.5 Siemens AG; 13.5.5.1 Company Overview; 13.5.5.2 Product Portfolio; 13.5.5.3 Demographic Reach and Achievements; 13.5.5.4 Certifications; 13.5.6 Landis+Gyr AG; 13.5.6.1 Company Overview; 13.5.6.2 Product Portfolio; 13.5.6.3 Demographic Reach and Achievements; 13.5.6.4 Certifications; 13.5.7 Dominion Voltage Inc; 13.5.7.1 Company Overview; 13.5.7.2 Product Portfolio; 13.5.7.3 Demographic Reach and Achievements; 13.5.7.4 Certifications; 13.5.8 Others

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