Power Quality Equipment Market Report 2026

Power Quality Equipment Market Overview

• Power Quality Equipment market size has reached to $27.15 billion in 2025 • Expected to grow to $35.2 billion in 2030 at a compound annual growth rate (CAGR) of 5.3% • Growth Driver: Government Investments In Grid Modernization Projects Fuel Growth In Power Quality Equipment Market • Market Trend: Strategic Collaborations Fuel The Market • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Power Quality Equipment Market?

The power quality equipment are devices used for measuring, analyzing and improvement of voltage to help maintain a continuous wave and also a smooth periodic function waveform of a rated voltage and frequency. Power quality equipment is a vital device/system used to protect electrical equipment from failing prematurely or malfunctioning. The main types of power quality equipment include surge arresters, surge protection devices, harmonic filters, power conditioning units, power distribution units, uninterruptable power supply, synchronous condensers, voltage regulator, digital static transfer switch, static var compensator, solid oxide fuel cells, isolation transformers, power quality meters and others. The surge arresters refer to a protective device that limits the voltage on equipment by discharging or bypassing surge current. This is used to prevent the flow of current to the ground. They are used in single-phase and three-phase power generation and distribution systems in industries ranging from industrial & manufacturing, commercial, residential, transportation and utilities.

What Is The Power Quality Equipment Market Growth Forecast?

The power quality equipment market size is expected to see strong growth in the next few years. It will grow to $35.2 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to increasing demand for harmonic filtering solutions, expansion of data center infrastructure, growing investments in smart utility networks, rising adoption of advanced ups systems, development of high-precision power monitoring devices. Major trends in the forecast period include adoption of intelligent voltage monitoring systems, expansion of IoT-enabled power quality platforms, development of cloud-based energy analytics, advancement of sustainable grid stabilization technologies, integration of AI-assisted harmonic detection.

Global Power Quality Equipment Market Segmentation

1) By Equipment: Surge Arresters, Surge Protection Devices, Harmonic Filters, Power Conditioning Units, Power Distribution Unit, Uninterruptable Power Supply, Synchronous Condenser, Voltage Regulator, Digital Static Transfer Switch, Static VAR Compensator, Isolation Transformers, Power Quality Meters, Other Equipment 2) By Phase: Single Phase, Three Phase 3) By Application: Industrial & Manufacturing, Commercial, Residential, Transportation, Utilities Subsegments: 1) By Surge Arresters: Station Class Surge Arresters, Distribution Class Surge Arresters 2) By Surge Protection Devices: Type 1 Surge Protection Devices (SPDs), Type 2 SPDs, Type 3 SPDs 3) By Harmonic Filters: Active Harmonic Filters, Passive Harmonic Filters 4) By Power Conditioning Units: Voltage Regulators, Frequency Converters 5) By Power Distribution Unit (PDU): Basic PDUs, Metered PDUs, Switched PDUs 6) By Uninterruptable Power Supply (UPS): Online UPS, Offline UPS, Line Interactive UPS 7 By Synchronous Condenser: Fixed-Speed Synchronous Condensers, Variable-Speed Synchronous Condensers 8) By Voltage Regulator: Automatic Voltage Regulators (AVR), Ferroresonant Voltage Regulators 9) By Digital Static Transfer Switch (STS): Single-Phase STS, Three-Phase STS 10) By Static VAR Compensator: Thyristor-Controlled Reactor (TCR) SVC, Thyristor-Switched Capacitor (TSC) SVC, Hybrid SVC (TCR + TSC combination), Fixed SVC 11) By Isolation Transformers: Low Voltage Isolation Transformers (up to 1 kV), Medium Voltage Isolation Transformers (1 kV – 36 kV), Three-Phase Isolation Transformers, Single-Phase Isolation Transformers, Encapsulated or Dry Type Transformers, Oil-Immersed Transformers 12) By Power Quality Meters: Single-Phase Power Quality Meters, Three-Phase Power Quality Meters, Portable Power Quality Analyzers, Permanent or Installed Power Quality Meters, Harmonics and Distortion Meters, Energy Logging and Monitoring Meters 13) By Other Equipment: Voltage Stabilizers, Capacitor Banks, Reactive Power Compensators

What Is The Driver Of The Power Quality Equipment Market?

Increasing government investments in the grid modernization project is significantly driving the growth of the power quality equipment market. The grid modernization project refers to the process of modernizing the electrical grid to make it safer, more productive, and able to handle new technologies, new types of electricity generation and distribution, and the integration of renewable energy sources. As countries strive to enhance their energy infrastructure and ensure a more stable and reliable power supply, the demand for power quality equipment, such as voltage regulators, surge protectors, and uninterruptible power supplies, has surged. These investments are crucial in addressing power quality issues, reducing downtime, and improving overall grid efficiency, making them a driving force behind the expansion of the power quality equipment market. For instance, in October 2023, the Grid Deployment Office, a US-based office that works to provide electricity to everyone, everywhere, by maintaining and investing in critical generation facilities, announced an investment of $10.5 billion in the Grid Resilience and Innovation Partnerships (GRIP) Program as part of the Bipartisan Infrastructure Law to increase grid flexibility and strengthen the power system's resilience against the growing threats of extreme weather and climate change. Thus, increasing government investments in the grid modernization project will increase demand for power-quality equipment.

Key Players In The Global Power Quality Equipment Market

Major companies operating in the power quality equipment market are Eaton Corporation plc, ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Company (GE), Toshiba Corporation, Emerson Electric Co., Legrand SA, Piller Group GmbH, Leviton Manufacturing Co. Inc., MTE Corporation, Socomec India Private Limited, Hitachi ABB Power Grids Ltd., Active Power Inc., Powervar Inc., S&C Electric Company, Delta Electronics Inc., Mitsubishi Electric Corporation, Fuji Electric Co. Ltd., SolaHD, Phoenix Contact GmbH & Co. KG, Panduit Corporation, Littelfuse Inc.

Global Power Quality Equipment Market Trends and Insights

Major companies operating in the power quality equipment sector are focused on strategic collaboration to meet customer demands and strengthen their market position. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in June 2023, Deere & Company (John Deere), a US-based heavy and powerful turf manufacturing company, announced strategic collaborations with EGO, a US-based battery outdoor power equipment company, and Chervon, a China-based power tool and outdoor power equipment company. The partnership between Deere & Company (John Deere), EGO, and Chevron intends to provide homeowners with a comprehensive range of EGO's battery-powered lawn care products through John Deere dealers. This collaboration combines John Deere's market presence with EGO's innovative and ecologically friendly solutions. Customers will be able to purchase EGO-branded battery products through John Deere dealers under this partnership, therefore contributing to the expansion of the power electronics sector. The brands will be able to provide EGO battery-powered lawn care solutions to homes as part of this arrangement.

What Are Latest Mergers And Acquisitions In The Power Quality Equipment Market?

In September 2023, AMETEK, Inc., a US-based manufacturer of electronic instruments and electromechanical devices, acquired United Electronic Industries for an undisclosed amount. This acquisition enables AMETEK to strengthen its capabilities in the aerospace, defense, energy, and semiconductor sectors, particularly in power quality equipment. United Electronic Industries is a US-based manufacturer of data acquisition and control systems.

Regional Outlook

Asia-Pacific was the largest region in the power quality equipment market in 2025 and is also expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Power Quality Equipment Market?

The power quality equipment market consists of sales of voltage regulators, isolation transformers, uninterruptible power supply (UPS), backup generators and surge protection devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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 Equipment Market Report 2026?

The power quality equipment 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 equipment 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.