Power Quality as a Service Market Report 2026

Power Quality as a Service Market Overview

• Power Quality as a Service market size has reached to $1.91 billion in 2025 • Expected to grow to $3.36 billion in 2030 at a compound annual growth rate (CAGR) of 12% • Growth Driver: Rising Adoption Of Electric Vehicles Fueling The Growth Of The Power Quality As A Service Market Due To Increasing Demand For Reliable And High-Quality EV Charging Infrastructure • Market Trend: AI-Driven Power Monitoring Services Enhancing Power Quality As A Service Offerings Through Real-Time Analytics And Predictive Insights • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Power Quality as a Service Market?

Power quality as a service refers to service based offering that ensures stable and reliable electrical power performance for customers through continuous monitoring and corrective actions. It focuses on maintaining voltage stability, reducing disturbances, and improving overall electrical efficiency across power systems. The service model enables customers to achieve consistent power quality outcomes without owning or managing complex infrastructure. The main solution types of power quality as a service are voltage control, harmonic filtering, power monitoring, power conditioning, and other solution types. Voltage Control refers to solutions that regulate and stabilize voltage levels in electrical systems to ensure consistent and reliable power supply. These services are delivered through different service models, including consulting, implementation and integration, support and maintenance, and managed services, and cater to various end-users, such as industrial, commercial, utilities, and other end-users

What Is The Power Quality as a Service Market Growth Forecast?

The power quality as a service market size is expected to see rapid growth in the next few years. It will grow to $3.36 billion in 2030 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to expansion of smart grids, growth in distributed energy resources, rising demand for uptime guarantees, adoption of predictive maintenance analytics, service based electrical infrastructure models. Major trends in the forecast period include subscription based power quality contracts, remote electrical asset monitoring, outcome based service level agreements, predictive fault detection platforms, integrated compliance reporting tools.

What Is The Driver Of The Power Quality as a Service Market?

The rising adoption of electric vehicles (EVs) is expected to drive the growth of the power quality as a service market over the forecast period. Increasing EV penetration is largely driven by the need to reduce greenhouse gas emissions and transition toward cleaner alternatives to fossil-fuel-based transportation. As EV adoption scales, the expansion of fast-charging and high-capacity charging infrastructure places greater stress on electrical grids, leading to issues such as voltage fluctuations, harmonics, and power disturbances. Power Quality as a Service addresses these challenges by ensuring stable and reliable power delivery for EV charging networks, minimizing downtime, protecting sensitive charging equipment, and improving overall system efficiency. This reliability is critical for the large-scale deployment and operation of public and commercial EV charging infrastructure. For instance, in January 2026, Bloomberg L.P. reported that global EV passenger vehicle sales reached approximately 22 million units in 2025, reflecting a year-over-year increase of 23%. Therefore, rising adoption of electric vehicles (EVs) is driving the growth of the power quality as a service industry.

Key Players In The Global Power Quality as a Service Market

Major companies operating in the power quality as a service market are Siemens AG, Honeywell International Inc., Schneider Electric SE, ABB Ltd, GE Vernova, Hitachi Energy, Eaton Corporation plc, Mitsubishi Electric Corporation, Enel X, Rockwell Automation, Emerson Electric Co., Vertiv Holdings Co., Delta Electronics Inc., Huawei Technologies Co. Ltd, S&C Electric Company, Schweitzer Engineering Laboratories (SEL), Fluke Corporation (Fortive), Cummins Inc.

Global Power Quality as a Service Market Trends and Insights

Major companies operating in the power quality as a service market are focused on developing innovative solutions such as, AI-driven power monitoring services to enable real-time detection of power disturbances, optimize energy performance, and prevent costly equipment failures. AI-driven power monitoring services use artificial intelligence and advanced analytics to continuously track, analyze, and manage electrical power quality in real time. For instance, in February 2026, Ubicquia, Inc., a US-based technology company launched AI-driven power monitoring services tailored for commercial and industrial customers, delivered as a service with no upfront capital investment. Powered by its UbiVu analytics platform, the offering provides 24/7 real-time monitoring, visibility, and predictive insights to identify and prevent power quality issues that can lead to outages, equipment damage, and operational downtime. Designed for mission-critical environments such as manufacturing facilities, data centers, logistics hubs, and telecommunications infrastructure, the service helps businesses reduce operational and financial risks associated with poor power quality.

What Are Latest Mergers And Acquisitions In The Power Quality as a Service Market?

In September 2024, Integrated Power Services (IPS), a US-based provider of electromechanical services, power management, and reliability solutions acquired ABB’s Industrial Services business for an undisclosed amount. The acquisition strengthens IPS’s expertise in renewables, copper mining, and power management aftermarket services, while adding 115 skilled employees and leveraging legacy technology and expertise from General Electric and ABB. ABB is a Switzerland-based company specialized in providing robust power quality services tailored for manufacturing, utilities, and heavy industry.

What Defines the Power Quality as a Service Market?

The power quality as a service market includes revenues earned by entities through power conditioning and filtering services, real-time fault detection and diagnostics, predictive maintenance and performance optimization, and compliance reporting and regulatory support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Power Quality as a Service Market Report 2026?

The power quality as a service market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the power quality as a service industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.