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Market Research Report

Global Smart Power Quality Correction Device Market Insights, Size, and Forecast By Device Type (Static Synchronous Compensators, Dynamic Voltage Restorers, Active Power Filters, Voltage Regulators), By Voltage Level (Low Voltage, Medium Voltage, High Voltage), By End Use (Manufacturing, Data Centers, Renewable Energy Plants, Telecommunication), By Application (Industrial, Commercial, Residential, Renewable Energy), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:61857
Published Date:Jan 2026
No. of Pages:245
Base Year for Estimate:2025
Format:
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Key Market Insights

Global Smart Power Quality Correction Device Market is projected to grow from USD 28.7 Billion in 2025 to USD 65.4 Billion by 2035, reflecting a compound annual growth rate of 8.7% from 2026 through 2035. This market encompasses a range of advanced devices and systems designed to monitor, analyze, and mitigate power quality issues such as voltage sags, swells, harmonics, and flickers in electrical grids and consumer facilities. The increasing integration of renewable energy sources, which are inherently intermittent and can introduce power fluctuations, is a primary driver for market expansion. Furthermore, the proliferation of sensitive electronic equipment in industrial, commercial, and residential sectors necessitates a stable and high-quality power supply to prevent malfunctions and extend equipment lifespan. Rapid industrialization and urbanization, particularly in emerging economies, are fueling the demand for reliable power infrastructure. However, high initial investment costs associated with these advanced systems and a lack of awareness regarding the long-term benefits of power quality correction, especially among small and medium enterprises, pose significant restraints. Despite these challenges, the rising adoption of smart grid technologies and the growing focus on energy efficiency present substantial opportunities for market growth.

Global Smart Power Quality Correction Device Market Value (USD Billion) Analysis, 2025-2035

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8.7%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

The market is significantly influenced by several key trends, including the shift towards active power quality correction solutions over traditional passive filters, the incorporation of artificial intelligence and machine learning for predictive analysis and optimized device performance, and the development of modular and scalable solutions that can be easily integrated into existing infrastructure. Miniaturization and increased connectivity, enabling remote monitoring and control, are also notable trends enhancing the appeal of these devices. The Industrial sector remains the leading segment, attributed to the critical need for uninterrupted and high-quality power in manufacturing processes, data centers, and other heavy industries to ensure operational efficiency and prevent costly downtime. The increasing automation and digitalization across various industries are further solidifying the dominance of this segment.

Asia Pacific stands out as both the dominant and fastest-growing region in the global smart power quality correction device market. This robust growth is primarily driven by rapid industrial expansion, significant investments in smart grid initiatives, and the surging demand for electricity coupled with an aging power infrastructure in many countries across the region. Government support for renewable energy projects and favorable policies promoting energy efficiency are also contributing factors. Key players such as Mitsubishi Electric, Panasonic, Rockwell Automation, Siemens, and Littelfuse are strategically focusing on research and development to introduce innovative and cost-effective solutions tailored to regional needs. Their strategies often involve expanding their distribution networks, forming strategic alliances with local companies, and offering comprehensive after-sales services to capture a larger market share. Companies like Emerson Electric, Honeywell, Regal Beloit, General Electric, and PowerShield are also actively competing by developing advanced power quality correction devices that cater to diverse applications and voltage levels, aiming to address the evolving demands of various end-use sectors globally.

Quick Stats

  • Market Size (2025):

    USD 28.7 Billion

  • Projected Market Size (2035):

    USD 65.4 Billion

  • Leading Segment:

    Industrial (45.8% Share)

  • Dominant Region (2025):

    Asia Pacific (41.8% Share)

  • CAGR (2026-2035):

    8.7%

What is Smart Power Quality Correction Device?

A Smart Power Quality Correction Device actively monitors electrical systems for disturbances like sags, swells, harmonics, and poor power factor. It intelligently analyzes these deviations from ideal power delivery. Using advanced control algorithms and power electronics, it then dynamically injects or absorbs current and voltage to counteract imperfections in real time. This ensures stable, clean power for sensitive equipment, improving energy efficiency, reducing equipment damage, and preventing downtime in industrial, commercial, and even residential settings, optimizing grid stability and reliability.

What are the Trends in Global Smart Power Quality Correction Device Market

  • AI Driven Predictive Power Quality

  • Edge Computing for Localized Correction

  • Sustainable Energy Grid Integration

  • IoT Enabled Remote Monitoring Solutions

AI Driven Predictive Power Quality

AI driven predictive power quality utilizes machine learning to analyze grid data and forecast potential power quality issues. This proactive approach allows smart power correction devices to anticipate and mitigate disturbances like sags, swells, or harmonics before they impact critical infrastructure. It optimizes device performance, enhances grid stability, and minimizes costly downtime across the global market.

Edge Computing for Localized Correction

Edge computing enables real time power quality correction directly at the source. Sensors and localized processors detect grid disturbances instantly. This immediate, on premises analysis and actuation minimizes latency inherent in cloud based systems. It allows for precise, rapid adjustments to voltage and current fluctuations, improving stability and reliability of local power grids and devices by preventing propagation of issues before they affect the wider network.

Sustainable Energy Grid Integration

Sustainable energy integration drives demand for smart power quality correction. Renewables like solar and wind create intermittency and voltage fluctuations. Devices mitigating these issues ensure grid stability and reliability. This trend emphasizes technologies maintaining power quality as renewable energy sources proliferate, preventing grid disruptions and optimizing clean energy adoption.

IoT Enabled Remote Monitoring Solutions

IoT enabled remote monitoring solutions are transforming power quality correction. Devices now continuously transmit performance data, allowing for predictive maintenance and real time fault detection. This enhances operational efficiency, reduces downtime, and optimizes device performance remotely. It signifies a shift from reactive to proactive management, improving grid stability and reliability for smart power systems globally.

What are the Key Drivers Shaping the Global Smart Power Quality Correction Device Market

  • Stringent Grid Modernization & Stability Regulations

  • Surge in Renewable Energy Integration & Distributed Generation

  • Escalating Industrial Automation & Data Center Expansion

  • Growing Awareness of Power Quality Impact on Equipment & Efficiency

Stringent Grid Modernization & Stability Regulations

Utilities worldwide face increasing pressure to modernize their grids and ensure stability. New regulations mandate higher power quality standards to support renewable energy integration and manage complex load patterns. This necessitates advanced smart power quality correction devices to maintain grid reliability, prevent disruptions, and ensure efficient energy distribution in line with evolving regulatory frameworks.

Surge in Renewable Energy Integration & Distributed Generation

The global shift towards renewable energy sources like solar and wind, coupled with the rise of distributed generation at the grid edge, introduces power quality challenges. Intermittency and variability from these sources necessitate smart power quality correction devices to maintain grid stability, ensure reliable electricity supply, and optimize energy efficiency across the power network. This trend is significantly driving market growth.

Escalating Industrial Automation & Data Center Expansion

Industrial automation and data center growth demand pristine power for sensitive equipment. Factories with advanced robotics and extensive data centers require stable, high quality power to prevent downtime, protect valuable assets, and ensure uninterrupted operations. This expansion fuels the need for smart power quality correction devices.

Growing Awareness of Power Quality Impact on Equipment & Efficiency

Industries increasingly recognize that poor power quality causes equipment damage, malfunctions, and reduced operational efficiency. This understanding drives demand for smart power quality correction devices to protect machinery, optimize energy use, and maintain consistent performance across various sectors. Companies prioritize these solutions to avoid costly downtime and improve overall productivity.

Global Smart Power Quality Correction Device Market Restraints

High Initial Investment & Installation Costs Limit Adoption

Implementing smart power quality correction devices requires significant upfront capital for equipment and specialized installation. This substantial initial financial outlay presents a considerable barrier for many potential customers, particularly smaller businesses and those with limited budgets. The high entry cost thus impedes widespread adoption, as companies weigh the substantial immediate expenditure against the long term benefits. This financial hurdle directly restricts market penetration and slows the overall growth trajectory of the smart power quality correction device market.

Lack of Standardized Regulations & Interoperability Challenges

The absence of uniform global regulations and technical standards hinders seamless communication and compatibility among smart power quality correction devices from various manufacturers. This fragmentation impedes widespread adoption by creating integration complexities for utility companies and industries. Without common protocols, devices struggle to interact efficiently, leading to fragmented systems and increased operational challenges for a connected smart grid.

Global Smart Power Quality Correction Device Market Opportunities

AI-Powered Predictive Power Quality Solutions for Industry 4.0 and Smart Grid Resilience

The significant opportunity lies in deploying AI to foresee and mitigate power quality issues proactively. This is crucial for Industry 4.0 operations demanding stable power for advanced automation and IoT integration. Simultaneously, smart grids require such predictive solutions to enhance resilience, prevent outages, and optimize energy distribution. AI driven devices ensure reliable power, reducing costly downtime and improving operational efficiency across industrial and utility sectors, especially in rapidly developing regions seeking robust infrastructure.

Addressing Power Quality Volatility in High-Penetration Renewable Energy and EV Charging Grids

High penetration renewable energy and widespread EV charging create significant power quality volatility in grids. This presents a major opportunity for smart power quality correction devices. These advanced technologies stabilize voltage, mitigate harmonics, and enhance overall grid reliability and efficiency. Demand is surging for solutions like active filters and STATCOMs to address the inherent instability from intermittent renewables and dynamic EV loads. The global energy transition critically fuels this market need, ensuring seamless integration and optimal grid performance for a sustainable future.

Global Smart Power Quality Correction Device Market Segmentation Analysis

Key Market Segments

By Device Type

  • •Static Synchronous Compensators
  • •Dynamic Voltage Restorers
  • •Active Power Filters
  • •Voltage Regulators

By Application

  • •Industrial
  • •Commercial
  • •Residential
  • •Renewable Energy

By End Use

  • •Manufacturing
  • •Data Centers
  • •Renewable Energy Plants
  • •Telecommunication

By Voltage Level

  • •Low Voltage
  • •Medium Voltage
  • •High Voltage

Segment Share By Device Type

Share, By Device Type, 2025 (%)

  • Static Synchronous Compensators
  • Dynamic Voltage Restorers
  • Active Power Filters
  • Voltage Regulators
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$28.7BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why is Industrial dominating the Global Smart Power Quality Correction Device Market?

Industrial applications hold the largest share due to their critical need for stable and high-quality power supply. Manufacturing plants, heavy industries, and process industries operate with sensitive machinery and sophisticated automation systems that are highly susceptible to power disturbances like voltage sags, swells, transients, and harmonics. Power quality issues in these settings can lead to significant production losses, equipment damage, increased operational costs, and compromised product quality, making robust correction devices indispensable for ensuring continuous operation and protecting valuable assets.

Which device types are crucial for maintaining power quality across various sectors?

The market is significantly shaped by the demand for advanced device types such as Static Synchronous Compensators, Dynamic Voltage Restorers, and Active Power Filters. Static Synchronous Compensators offer rapid reactive power compensation, vital for grid stability. Dynamic Voltage Restorers protect sensitive loads from voltage sags and swells. Active Power Filters are essential for mitigating harmonic distortions introduced by non-linear loads common in industrial and commercial settings. These devices collectively provide comprehensive solutions for improving grid reliability and equipment longevity across diverse applications.

How do varied applications and end uses influence the adoption of smart power quality correction solutions?

The diverse landscape of applications and end uses drives the multifaceted adoption of these solutions. Beyond industrial, sectors like data centers demand uninterrupted, clean power for critical IT infrastructure, making power quality paramount. Renewable energy plants require sophisticated correction devices to ensure stable grid integration and manage intermittent power generation. Telecommunication facilities, commercial buildings, and even residential sectors increasingly rely on stable power to operate modern electronics, highlighting a broad market need for solutions that address specific power quality challenges across all voltage levels.

What Regulatory and Policy Factors Shape the Global Smart Power Quality Correction Device Market

Global smart power quality correction device market growth is significantly shaped by evolving regulatory frameworks. Governments worldwide are increasingly emphasizing grid modernization, renewable energy integration, and energy efficiency, driving demand. Strict power quality standards from bodies like IEEE and IEC, coupled with national regulations, mandate improved power factor and harmonic mitigation, especially in industrial and commercial sectors. Policies promoting smart grid development and carbon reduction further incentivize adoption. While regional variations in standards and enforcement present challenges, strong governmental support for grid stability, reliability, and clean energy initiatives creates a highly favorable policy environment, fostering substantial innovation and market expansion across continents.

What New Technologies are Shaping Global Smart Power Quality Correction Device Market?

Smart power quality correction devices are rapidly evolving. AI and machine learning algorithms are enhancing predictive analytics for transient detection and dynamic compensation, minimizing grid disturbances. IoT integration facilitates real time monitoring, remote diagnostics, and adaptive control across diverse industrial and utility applications. Emerging technologies like Wide Bandgap semiconductors such as Silicon Carbide and Gallium Nitride are driving smaller, more efficient, and faster response power electronics. This enables compact, modular solutions for distributed energy resources and microgrids. Cloud based platforms are providing sophisticated data analysis for proactive maintenance and optimized performance. The focus is on creating self healing, resilient grids ensuring stability and efficiency for modern grids.

Global Smart Power Quality Correction Device Market Regional Analysis

Global Smart Power Quality Correction Device Market

Trends, by Region

Largest Market
Fastest Growing Market
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41.8%

Asia-Pacific Market
Revenue Share, 2025

Source:
www.makdatainsights.com

North America holds a significant share in the Smart Power Quality Correction Device market, driven by robust industrialization and a high degree of grid modernization. The region benefits from strong regulatory support for energy efficiency and power quality, particularly in the U.S. and Canada. Rapid adoption of renewable energy sources and the increasing complexity of smart grids necessitate advanced power quality solutions. Investments in smart city initiatives and the growth of data centers further fuel demand. Key market players and a mature technological landscape contribute to a competitive market, with a focus on advanced analytics and IoT integration for predictive maintenance and real-time correction.

Europe presents a robust market for Smart Power Quality Correction Devices, driven by stringent energy efficiency regulations and a growing focus on grid modernization. Western Europe, particularly Germany, France, and the UK, leads in adoption due to mature industrial sectors, expanding renewable energy integration, and strong governmental support for smart grids. These regions demonstrate high demand for sophisticated power quality solutions to manage voltage fluctuations, harmonics, and power factor issues. Eastern European countries are emerging markets, witnessing increased investment in infrastructure development and industrialization, creating a burgeoning need for power quality correction. The trend towards decarbonization and smart city initiatives further propels market growth across the continent.

Asia Pacific dominates the Smart Power Quality Correction Device Market with a 41.8% share, driven by rapid industrialization and urbanization across emerging economies. This region is also the fastest growing, projected at a 9.2% CAGR. The surge in renewable energy integration, particularly solar and wind power, and the expansion of smart grid initiatives necessitate advanced power quality solutions. Furthermore, increasing investments in robust power infrastructure in countries like China and India, coupled with stringent government regulations for grid stability and energy efficiency, fuel market expansion. Technological advancements and competitive manufacturing further solidify the region's leading position.

Latin America is a nascent yet promising market for Smart Power Quality Correction Devices. Brazil leads due to significant industrialization and a growing renewable energy sector, demanding stable grids. Mexico follows, driven by manufacturing and data centers requiring high power quality. Chile and Colombia exhibit emerging potential, spurred by renewable energy projects and mining operations. Argentina’s market faces economic volatility but has underlying demand. Key drivers across the region include grid modernization, rising renewable energy integration, and industrial expansion. However, investment in grid infrastructure and economic stability remain crucial factors influencing market penetration and growth within Latin America.

The Middle East & Africa (MEA) smart power quality correction device market is expanding due to rapid industrialization, urbanization, and critical infrastructure development. Governments are investing in smart grid projects and renewable energy integration, driving demand for advanced power quality solutions. South Africa, UAE, and Saudi Arabia are key regional players, witnessing increased adoption in industrial, commercial, and utility sectors. The region faces challenges like grid modernization costs and regulatory frameworks, yet the growing need for stable power supply and reduced energy losses fuels market growth, positioning MEA as a significant contributor to the global market.

Top Countries Overview

The US is a significant hub in the global smart power quality correction device market. Growth is driven by grid modernization, renewable energy integration, and increasing demand for stable power. Key players and research initiatives are bolstering innovation and adoption, positioning the US as a major contributor to this evolving industry.

China is a key player in the global smart power quality correction device market. Rapid industrialization and urbanization drive demand for stable power. The country's strong manufacturing base and government support for grid modernization projects position it as a significant producer and consumer, influencing technology adoption and market growth worldwide.

India is an emerging market for smart power quality correction devices. Rapid industrialization and grid modernization projects drive demand. Growing renewable energy integration and quality power requirements position India for significant market expansion, attracting global manufacturers and technological advancements.

Impact of Geopolitical and Macroeconomic Factors

Escalating energy costs and grid instability drive demand for power quality solutions. Geopolitical tensions, particularly regarding energy independence and critical infrastructure protection, accelerate adoption of smart correction devices. Governments increasingly prioritize grid resilience and efficiency, implementing favorable policies and subsidies. Developing nations, experiencing rapid industrialization and urbanization, present significant growth opportunities due to their underdeveloped grids.

Macroeconomic shifts toward renewable energy integration and distributed generation create complex power quality challenges. Inflationary pressures on raw materials and manufacturing costs could impact device pricing. However, long term operational savings and reduced energy waste provide compelling economic incentives for businesses and utilities. Technological advancements in AI and IoT further enhance device efficacy and market expansion.

Recent Developments

  • March 2025

    Siemens launched a new series of AI-powered smart power quality correction devices, leveraging predictive analytics for proactive disturbance mitigation. This new line is designed to seamlessly integrate with existing grid infrastructure, offering enhanced energy efficiency and reduced operational costs for industrial and commercial users.

  • January 2025

    Rockwell Automation announced a strategic partnership with PowerShield to integrate their advanced active harmonic filters into Rockwell's comprehensive industrial automation platforms. This collaboration aims to provide a more holistic solution for power quality management, particularly in demanding manufacturing environments with complex load profiles.

  • November 2024

    Mitsubishi Electric introduced a next-generation static synchronous compensator (STATCOM) with significantly faster response times and higher compensation capacities. This development targets large-scale renewable energy integration projects and heavy industrial applications requiring stringent power quality control.

  • October 2024

    Littelfuse acquired a niche startup specializing in edge computing for power quality monitoring and correction. This acquisition is a strategic move to strengthen Littelfuse's intelligent protection portfolio, enabling more localized and rapid power quality adjustments at the device level.

  • February 2025

    Emerson Electric unveiled a new modular and scalable smart power quality correction system specifically designed for data centers and critical infrastructure. The system offers hot-swappable components and advanced diagnostic capabilities, ensuring uninterrupted power supply and optimal performance for sensitive electronic equipment.

Key Players Analysis

Mitsubishi Electric and Siemens lead the Global Smart Power Quality Correction Device Market, leveraging advanced power electronics and intelligent control systems. Their focus on innovative active harmonic filters and static VAR generators drives market growth. Panasonic and Rockwell Automation contribute with automation integration and industrial control expertise. Littelfuse and Emerson Electric specialize in protection and monitoring devices, essential for system reliability. Honeywell and General Electric offer comprehensive energy management solutions, incorporating smart grid technologies. PowerShield provides specialized solutions for data centers and critical infrastructure. Strategic initiatives include developing more efficient and compact devices, expanding into emerging markets, and integrating with IoT platforms, all fueling robust market expansion.

List of Key Companies:

  1. Mitsubishi Electric
  2. Panasonic
  3. Rockwell Automation
  4. Siemens
  5. Littelfuse
  6. Emerson Electric
  7. Honeywell
  8. Regal Beloit
  9. General Electric
  10. PowerShield
  11. Schneider Electric
  12. Crompton Greaves
  13. Toshiba
  14. Infineon Technologies
  15. ABB
  16. Eaton

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 28.7 Billion
Forecast Value (2035)USD 65.4 Billion
CAGR (2026-2035)8.7%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Device Type:
    • •Static Synchronous Compensators
    • •Dynamic Voltage Restorers
    • •Active Power Filters
    • •Voltage Regulators
  • By Application:
    • •Industrial
    • •Commercial
    • •Residential
    • •Renewable Energy
  • By End Use:
    • •Manufacturing
    • •Data Centers
    • •Renewable Energy Plants
    • •Telecommunication
  • By Voltage Level:
    • •Low Voltage
    • •Medium Voltage
    • •High Voltage
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global Smart Power Quality Correction Device Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Device Type
5.1.1. Static Synchronous Compensators
5.1.2. Dynamic Voltage Restorers
5.1.3. Active Power Filters
5.1.4. Voltage Regulators
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Application
5.2.1. Industrial
5.2.2. Commercial
5.2.3. Residential
5.2.4. Renewable Energy
5.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
5.3.1. Manufacturing
5.3.2. Data Centers
5.3.3. Renewable Energy Plants
5.3.4. Telecommunication
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Voltage Level
5.4.1. Low Voltage
5.4.2. Medium Voltage
5.4.3. High Voltage
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America Smart Power Quality Correction Device Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Device Type
6.1.1. Static Synchronous Compensators
6.1.2. Dynamic Voltage Restorers
6.1.3. Active Power Filters
6.1.4. Voltage Regulators
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Application
6.2.1. Industrial
6.2.2. Commercial
6.2.3. Residential
6.2.4. Renewable Energy
6.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
6.3.1. Manufacturing
6.3.2. Data Centers
6.3.3. Renewable Energy Plants
6.3.4. Telecommunication
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Voltage Level
6.4.1. Low Voltage
6.4.2. Medium Voltage
6.4.3. High Voltage
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe Smart Power Quality Correction Device Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Device Type
7.1.1. Static Synchronous Compensators
7.1.2. Dynamic Voltage Restorers
7.1.3. Active Power Filters
7.1.4. Voltage Regulators
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Application
7.2.1. Industrial
7.2.2. Commercial
7.2.3. Residential
7.2.4. Renewable Energy
7.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
7.3.1. Manufacturing
7.3.2. Data Centers
7.3.3. Renewable Energy Plants
7.3.4. Telecommunication
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Voltage Level
7.4.1. Low Voltage
7.4.2. Medium Voltage
7.4.3. High Voltage
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific Smart Power Quality Correction Device Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Device Type
8.1.1. Static Synchronous Compensators
8.1.2. Dynamic Voltage Restorers
8.1.3. Active Power Filters
8.1.4. Voltage Regulators
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Application
8.2.1. Industrial
8.2.2. Commercial
8.2.3. Residential
8.2.4. Renewable Energy
8.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
8.3.1. Manufacturing
8.3.2. Data Centers
8.3.3. Renewable Energy Plants
8.3.4. Telecommunication
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Voltage Level
8.4.1. Low Voltage
8.4.2. Medium Voltage
8.4.3. High Voltage
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America Smart Power Quality Correction Device Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Device Type
9.1.1. Static Synchronous Compensators
9.1.2. Dynamic Voltage Restorers
9.1.3. Active Power Filters
9.1.4. Voltage Regulators
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Application
9.2.1. Industrial
9.2.2. Commercial
9.2.3. Residential
9.2.4. Renewable Energy
9.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
9.3.1. Manufacturing
9.3.2. Data Centers
9.3.3. Renewable Energy Plants
9.3.4. Telecommunication
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Voltage Level
9.4.1. Low Voltage
9.4.2. Medium Voltage
9.4.3. High Voltage
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa Smart Power Quality Correction Device Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Device Type
10.1.1. Static Synchronous Compensators
10.1.2. Dynamic Voltage Restorers
10.1.3. Active Power Filters
10.1.4. Voltage Regulators
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Application
10.2.1. Industrial
10.2.2. Commercial
10.2.3. Residential
10.2.4. Renewable Energy
10.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
10.3.1. Manufacturing
10.3.2. Data Centers
10.3.3. Renewable Energy Plants
10.3.4. Telecommunication
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Voltage Level
10.4.1. Low Voltage
10.4.2. Medium Voltage
10.4.3. High Voltage
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. Mitsubishi Electric
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Panasonic
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Rockwell Automation
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. Siemens
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Littelfuse
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. Emerson Electric
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. Honeywell
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. Regal Beloit
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. General Electric
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. PowerShield
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. Schneider Electric
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. Crompton Greaves
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. Toshiba
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. Infineon Technologies
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. ABB
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis
11.2.16. Eaton
11.2.16.1. Business Overview
11.2.16.2. Products Offering
11.2.16.3. Financial Insights (Based on Availability)
11.2.16.4. Company Market Share Analysis
11.2.16.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.16.6. Strategy
11.2.16.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Device Type, 2020-2035

Table 2: Global Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 3: Global Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 4: Global Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Voltage Level, 2020-2035

Table 5: Global Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Device Type, 2020-2035

Table 7: North America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 8: North America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 9: North America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Voltage Level, 2020-2035

Table 10: North America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Device Type, 2020-2035

Table 12: Europe Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 13: Europe Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 14: Europe Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Voltage Level, 2020-2035

Table 15: Europe Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Device Type, 2020-2035

Table 17: Asia Pacific Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 18: Asia Pacific Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 19: Asia Pacific Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Voltage Level, 2020-2035

Table 20: Asia Pacific Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Device Type, 2020-2035

Table 22: Latin America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 23: Latin America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 24: Latin America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Voltage Level, 2020-2035

Table 25: Latin America Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Device Type, 2020-2035

Table 27: Middle East & Africa Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 28: Middle East & Africa Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 29: Middle East & Africa Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Voltage Level, 2020-2035

Table 30: Middle East & Africa Smart Power Quality Correction Device Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

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