Power Quality Equipment Market Forecasts to 2032 – Global Analysis By Equipment Type (Voltage Regulators, Harmonic Filters, Surge Protection Devices, Uninterruptible Power Supplies, Static VAR Compensators and Power Conditioners), Phase, Technology, End U
Description
According to Stratistics MRC, the Global Power Quality Equipment Market is accounted for $33.8 billion in 2025 and is expected to reach $51.8 billion by 2032 growing at a CAGR of 6.3% during the forecast period. Power Quality Equipment refers to electrical devices and systems designed to monitor, regulate, and improve the stability and reliability of power supply within electrical networks. These solutions mitigate disturbances such as voltage sags, harmonics, transients, flicker, and power factor issues that can disrupt operations or damage sensitive equipment. Commonly deployed across industrial, commercial, and utility sectors, power quality equipment supports grid efficiency, enhances asset performance, ensures regulatory compliance, and reduces downtime driven by poor power conditions.
Market Dynamics:
Driver:
Increasing grid instability and outages
Increasing grid instability and frequent power outages are significantly driving demand for power quality equipment across industrial, commercial, and utility end users. Aging transmission infrastructure, rising electricity consumption, and higher penetration of intermittent renewable energy sources have intensified voltage fluctuations and harmonic distortions. Fueled by the need to protect sensitive electronic systems, manufacturers are increasingly deploying voltage regulators, surge protectors, and UPS solutions. This driver is further reinforced by stricter grid reliability standards and growing digitalization across end-use industries.
Restraint:
High installation and maintenance costs
High installation and maintenance costs remain a key restraint limiting widespread adoption of power quality equipment, particularly among small- and medium-sized enterprises. Advanced systems such as dynamic voltage restorers and active harmonic filters require substantial upfront capital investment, skilled labor, and periodic servicing. Spurred by budget constraints, many end users delay upgrades or opt for basic solutions with limited capabilities. Additionally, complex retrofitting requirements in legacy infrastructure further elevate deployment costs, thereby restraining market penetration in cost-sensitive regions.
Opportunity:
Industrial automation and grid upgrades
Expanding industrial automation and ongoing grid modernization initiatives present lucrative growth opportunities for the power quality equipment market. As industries adopt robotics, automation systems, and digitally controlled machinery, the need for stable and high-quality power supply intensifies. Motivated by efficiency gains and reduced downtime, utilities and industrial operators are investing in advanced power conditioning solutions. Furthermore, government-led smart grid projects and infrastructure upgrades in emerging economies are creating sustained demand for sophisticated power quality monitoring and mitigation technologies.
Threat:
Availability of low-cost alternatives
The availability of low-cost and substandard alternatives poses a significant threat to established power quality equipment manufacturers. In price-sensitive markets, end users often opt for inexpensive passive devices or unbranded solutions that offer limited performance and shorter lifecycles. This trend exerts pricing pressure on premium vendors and impacts profit margins. Additionally, inconsistent quality and lack of certification among low-cost products can distort competitive dynamics, making it challenging for technologically advanced solutions to justify higher pricing despite superior reliability and performance benefits.
Covid-19 Impact:
The COVID-19 pandemic had a mixed impact on the power quality equipment market. Initial lockdowns disrupted manufacturing operations, supply chains, and project installations, leading to short-term demand contraction. However, as industries resumed operations, the emphasis on operational resilience, data centers, healthcare facilities, and critical infrastructure boosted demand for reliable power solutions. Accelerated digital transformation and remote working models further increased the need for uninterrupted power supply systems, enabling the market to recover steadily in the post-pandemic period.
The uninterruptible power supplies segment is expected to be the largest during the forecast period
The uninterruptible power supplies segment is expected to account for the largest market share during the forecast period, resulting from its critical role in ensuring continuous power availability. UPS systems are widely deployed across data centers, healthcare facilities, manufacturing plants, and commercial buildings to prevent downtime and equipment damage. Driven by increasing dependence on sensitive electronics and mission-critical operations, demand for UPS solutions continues to rise. Their versatility, scalability, and proven reliability position UPS as a dominant segment within the market.
The three phase segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the three phase segment is predicted to witness the highest growth rate, propelled by rising demand from industrial and large commercial applications. Three phase systems offer superior power handling capacity, improved efficiency, and enhanced voltage stability, making them ideal for heavy machinery and high-load environments. Spurred by industrial expansion, urban infrastructure development, and growing adoption of automation systems, three phase power quality equipment is increasingly preferred over single phase solutions in high-capacity power networks.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to rapid industrialization, expanding manufacturing bases, and large-scale infrastructure development. Countries such as China, India, and Southeast Asian nations are witnessing rising electricity demand and grid stress, fueling adoption of power quality solutions. Supported by government investments in smart grids and renewable integration, the region’s strong presence of industrial facilities and data centers further strengthens its dominant market position.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with advanced grid modernization initiatives and high penetration of digital infrastructure. The region’s strong focus on smart grids, data centers, electric vehicle charging networks, and renewable energy integration drives demand for sophisticated power quality equipment. Additionally, strict regulatory standards, high awareness of power reliability, and continuous technological advancements by key market players support accelerated growth across the U.S. and Canada.
Key players in the market
Some of the key players in Power Quality Equipment Market include Schneider Electric, ABB Ltd., Siemens AG, Eaton Corporation, General Electric, Mitsubishi Electric, Vertiv Group, Socomec Group, Legrand SA, Emerson Electric, Toshiba Energy Systems, Fuji Electric, Hitachi Energy, Delta Electronics and Huawei Technologies.
Key Developments:
In Sep 2025, Siemens introduced its SIVACON S8 Next-Gen Low Voltage Switchgear, integrating advanced digital monitoring and power quality modules to improve voltage stability, harmonic filtering, and predictive maintenance for industrial and utility customers.
In Aug 2025, ABB launched the PQF Active Filter Series Upgrade, designed to mitigate harmonics and voltage fluctuations in renewable-heavy grids, enhancing efficiency and reliability for commercial and industrial facilities.
In Jul 2025, Schneider Electric announced the EcoStruxure Power Quality Advisor 2025, a cloud-based analytics platform that provides real-time visibility into power disturbances, automatically generating corrective recommendations and maintenance schedules for critical infrastructure.
Equipment Types Covered:
• Voltage Regulators
• Harmonic Filters
• Surge Protection Devices
• Uninterruptible Power Supplies
• Static VAR Compensators
• Power Conditioners
Phases Covered:
• Single Phase
• Three Phase
• Medium Voltage
• Low Voltage
• High Voltage
• Custom Configurations
Technologies Covered:
• Analog-Based Power Quality Systems
• Digital Signal Processing (DSP)-Enabled Equipment
• Microcontroller-Based Devices
• AI-Driven Predictive Quality Systems
End Users Covered:
• Utilities
• Industrial Users
• Commercial Enterprises
• Data Center Operators
• Renewable Energy Operators
• Government Facilities
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Market Dynamics:
Driver:
Increasing grid instability and outages
Increasing grid instability and frequent power outages are significantly driving demand for power quality equipment across industrial, commercial, and utility end users. Aging transmission infrastructure, rising electricity consumption, and higher penetration of intermittent renewable energy sources have intensified voltage fluctuations and harmonic distortions. Fueled by the need to protect sensitive electronic systems, manufacturers are increasingly deploying voltage regulators, surge protectors, and UPS solutions. This driver is further reinforced by stricter grid reliability standards and growing digitalization across end-use industries.
Restraint:
High installation and maintenance costs
High installation and maintenance costs remain a key restraint limiting widespread adoption of power quality equipment, particularly among small- and medium-sized enterprises. Advanced systems such as dynamic voltage restorers and active harmonic filters require substantial upfront capital investment, skilled labor, and periodic servicing. Spurred by budget constraints, many end users delay upgrades or opt for basic solutions with limited capabilities. Additionally, complex retrofitting requirements in legacy infrastructure further elevate deployment costs, thereby restraining market penetration in cost-sensitive regions.
Opportunity:
Industrial automation and grid upgrades
Expanding industrial automation and ongoing grid modernization initiatives present lucrative growth opportunities for the power quality equipment market. As industries adopt robotics, automation systems, and digitally controlled machinery, the need for stable and high-quality power supply intensifies. Motivated by efficiency gains and reduced downtime, utilities and industrial operators are investing in advanced power conditioning solutions. Furthermore, government-led smart grid projects and infrastructure upgrades in emerging economies are creating sustained demand for sophisticated power quality monitoring and mitigation technologies.
Threat:
Availability of low-cost alternatives
The availability of low-cost and substandard alternatives poses a significant threat to established power quality equipment manufacturers. In price-sensitive markets, end users often opt for inexpensive passive devices or unbranded solutions that offer limited performance and shorter lifecycles. This trend exerts pricing pressure on premium vendors and impacts profit margins. Additionally, inconsistent quality and lack of certification among low-cost products can distort competitive dynamics, making it challenging for technologically advanced solutions to justify higher pricing despite superior reliability and performance benefits.
Covid-19 Impact:
The COVID-19 pandemic had a mixed impact on the power quality equipment market. Initial lockdowns disrupted manufacturing operations, supply chains, and project installations, leading to short-term demand contraction. However, as industries resumed operations, the emphasis on operational resilience, data centers, healthcare facilities, and critical infrastructure boosted demand for reliable power solutions. Accelerated digital transformation and remote working models further increased the need for uninterrupted power supply systems, enabling the market to recover steadily in the post-pandemic period.
The uninterruptible power supplies segment is expected to be the largest during the forecast period
The uninterruptible power supplies segment is expected to account for the largest market share during the forecast period, resulting from its critical role in ensuring continuous power availability. UPS systems are widely deployed across data centers, healthcare facilities, manufacturing plants, and commercial buildings to prevent downtime and equipment damage. Driven by increasing dependence on sensitive electronics and mission-critical operations, demand for UPS solutions continues to rise. Their versatility, scalability, and proven reliability position UPS as a dominant segment within the market.
The three phase segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the three phase segment is predicted to witness the highest growth rate, propelled by rising demand from industrial and large commercial applications. Three phase systems offer superior power handling capacity, improved efficiency, and enhanced voltage stability, making them ideal for heavy machinery and high-load environments. Spurred by industrial expansion, urban infrastructure development, and growing adoption of automation systems, three phase power quality equipment is increasingly preferred over single phase solutions in high-capacity power networks.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to rapid industrialization, expanding manufacturing bases, and large-scale infrastructure development. Countries such as China, India, and Southeast Asian nations are witnessing rising electricity demand and grid stress, fueling adoption of power quality solutions. Supported by government investments in smart grids and renewable integration, the region’s strong presence of industrial facilities and data centers further strengthens its dominant market position.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with advanced grid modernization initiatives and high penetration of digital infrastructure. The region’s strong focus on smart grids, data centers, electric vehicle charging networks, and renewable energy integration drives demand for sophisticated power quality equipment. Additionally, strict regulatory standards, high awareness of power reliability, and continuous technological advancements by key market players support accelerated growth across the U.S. and Canada.
Key players in the market
Some of the key players in Power Quality Equipment Market include Schneider Electric, ABB Ltd., Siemens AG, Eaton Corporation, General Electric, Mitsubishi Electric, Vertiv Group, Socomec Group, Legrand SA, Emerson Electric, Toshiba Energy Systems, Fuji Electric, Hitachi Energy, Delta Electronics and Huawei Technologies.
Key Developments:
In Sep 2025, Siemens introduced its SIVACON S8 Next-Gen Low Voltage Switchgear, integrating advanced digital monitoring and power quality modules to improve voltage stability, harmonic filtering, and predictive maintenance for industrial and utility customers.
In Aug 2025, ABB launched the PQF Active Filter Series Upgrade, designed to mitigate harmonics and voltage fluctuations in renewable-heavy grids, enhancing efficiency and reliability for commercial and industrial facilities.
In Jul 2025, Schneider Electric announced the EcoStruxure Power Quality Advisor 2025, a cloud-based analytics platform that provides real-time visibility into power disturbances, automatically generating corrective recommendations and maintenance schedules for critical infrastructure.
Equipment Types Covered:
• Voltage Regulators
• Harmonic Filters
• Surge Protection Devices
• Uninterruptible Power Supplies
• Static VAR Compensators
• Power Conditioners
Phases Covered:
• Single Phase
• Three Phase
• Medium Voltage
• Low Voltage
• High Voltage
• Custom Configurations
Technologies Covered:
• Analog-Based Power Quality Systems
• Digital Signal Processing (DSP)-Enabled Equipment
• Microcontroller-Based Devices
• AI-Driven Predictive Quality Systems
End Users Covered:
• Utilities
• Industrial Users
• Commercial Enterprises
• Data Center Operators
• Renewable Energy Operators
• Government Facilities
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Power Quality Equipment Market, By Equipment Type
- 5.1 Introduction
- 5.2 Voltage Regulators
- 5.3 Harmonic Filters
- 5.4 Surge Protection Devices
- 5.5 Uninterruptible Power Supplies
- 5.6 Static VAR Compensators
- 5.7 Power Conditioners
- 6 Global Power Quality Equipment Market, By Phase
- 6.1 Introduction
- 6.2 Single Phase
- 6.3 Three Phase
- 6.4 Medium Voltage
- 6.5 Low Voltage
- 6.6 High Voltage
- 6.7 Custom Configurations
- 7 Global Power Quality Equipment Market, By Technology
- 7.1 Introduction
- 7.2 Analog-Based Power Quality Systems
- 7.3 Digital Signal Processing (DSP)-Enabled Equipment
- 7.4 Microcontroller-Based Devices
- 7.5 AI-Driven Predictive Quality Systems
- 8 Global Power Quality Equipment Market, By End User
- 8.1 Introduction
- 8.2 Utilities
- 8.3 Industrial Users
- 8.4 Commercial Enterprises
- 8.5 Data Center Operators
- 8.6 Renewable Energy Operators
- 8.7 Government Facilities
- 9 Global Power Quality Equipment Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
- 10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
- 11 Company Profiling
- 11.1 Schneider Electric
- 11.2 ABB Ltd.
- 11.3 Siemens AG
- 11.4 Eaton Corporation
- 11.5 General Electric
- 11.6 Mitsubishi Electric
- 11.7 Vertiv Group
- 11.8 Socomec Group
- 11.9 Legrand SA
- 11.10 Emerson Electric
- 11.11 Toshiba Energy Systems
- 11.12 Fuji Electric
- 11.13 Hitachi Energy
- 11.14 Delta Electronics
- 11.15 Huawei Technologies
- List of Tables
- Table 1 Global Power Quality Equipment Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Power Quality Equipment Market Outlook, By Equipment Type (2024-2032) ($MN)
- Table 3 Global Power Quality Equipment Market Outlook, By Voltage Regulators (2024-2032) ($MN)
- Table 4 Global Power Quality Equipment Market Outlook, By Harmonic Filters (2024-2032) ($MN)
- Table 5 Global Power Quality Equipment Market Outlook, By Surge Protection Devices (2024-2032) ($MN)
- Table 6 Global Power Quality Equipment Market Outlook, By Uninterruptible Power Supplies (2024-2032) ($MN)
- Table 7 Global Power Quality Equipment Market Outlook, By Static VAR Compensators (2024-2032) ($MN)
- Table 8 Global Power Quality Equipment Market Outlook, By Power Conditioners (2024-2032) ($MN)
- Table 9 Global Power Quality Equipment Market Outlook, By Phase (2024-2032) ($MN)
- Table 10 Global Power Quality Equipment Market Outlook, By Single Phase (2024-2032) ($MN)
- Table 11 Global Power Quality Equipment Market Outlook, By Three Phase (2024-2032) ($MN)
- Table 12 Global Power Quality Equipment Market Outlook, By Medium Voltage (2024-2032) ($MN)
- Table 13 Global Power Quality Equipment Market Outlook, By Low Voltage (2024-2032) ($MN)
- Table 14 Global Power Quality Equipment Market Outlook, By High Voltage (2024-2032) ($MN)
- Table 15 Global Power Quality Equipment Market Outlook, By Custom Configurations (2024-2032) ($MN)
- Table 16 Global Power Quality Equipment Market Outlook, By Technology (2024-2032) ($MN)
- Table 17 Global Power Quality Equipment Market Outlook, By Analog-Based Power Quality Systems (2024-2032) ($MN)
- Table 18 Global Power Quality Equipment Market Outlook, By Digital Signal Processing (DSP)-Enabled Equipment (2024-2032) ($MN)
- Table 19 Global Power Quality Equipment Market Outlook, By Microcontroller-Based Devices (2024-2032) ($MN)
- Table 20 Global Power Quality Equipment Market Outlook, By AI-Driven Predictive Quality Systems (2024-2032) ($MN)
- Table 21 Global Power Quality Equipment Market Outlook, By End User (2024-2032) ($MN)
- Table 22 Global Power Quality Equipment Market Outlook, By Utilities (2024-2032) ($MN)
- Table 23 Global Power Quality Equipment Market Outlook, By Industrial Users (2024-2032) ($MN)
- Table 24 Global Power Quality Equipment Market Outlook, By Commercial Enterprises (2024-2032) ($MN)
- Table 25 Global Power Quality Equipment Market Outlook, By Data Center Operators (2024-2032) ($MN)
- Table 26 Global Power Quality Equipment Market Outlook, By Renewable Energy Operators (2024-2032) ($MN)
- Table 27 Global Power Quality Equipment Market Outlook, By Government Facilities (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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