The Latin America, Middle East and Africa Power Quality Equipment Market would witness market growth of 7.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Power Quality Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $942.8 million by 2031. The Argentina market is showcasing a CAGR of 9% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.5% during (2024 - 2031).
There have been significant issues in maintaining power quality as a result of the inherent fluctuation of sources such as solar and wind energy. This shift to renewable energy on a global scale, which is motivated by the desire to cut carbon emissions, has created these challenges.
Additionally, countries like Germany and the United States have faced these challenges head-on, with Germany investing in advanced grid infrastructure like voltage regulators and battery energy storage systems and California deploying large-scale battery systems and smart inverters to stabilize their grids as they increase their reliance on renewables.
Countries like Brazil, Saudi Arabia, South Africa, and the UAE are leading the trend of rising demand for electricity in this region. They are driven by government initiatives that aim to expand and diversify their industrial bases while integrating renewable energy into their power grids. These developments introduce significant challenges in maintaining power quality, particularly as industries in these regions increasingly rely on sophisticated technologies sensitive to power fluctuations.
Free Valuable Insights: The Worldwide Power Quality Equipment Market is Projected to reach USD 47.2 Billion by 2031, at a CAGR of 6.1%
Based on Phase, the market is segmented into Three Phase and Single Phase. Based on Product, the market is segmented into Uninterruptable Power Supply (UPS), Power Quality Meters, Surge Protection Devices, Harmonic Filters, Voltage Regulators, and Others. Based on End Use, the market is segmented into Industrial & Manufacturing, Residential, Commercial, Utilities, and Transportation. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Eaton Corporation plc
- ABB Group
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Siemens AG
- Honeywell International, Inc.
- Leviton Manufacturing Co., Inc.
- Emerson Electric Co.
- Ametek, Inc.
- GE Vernova Group
LAMEA Power Quality Equipment Market Report Segmentation
By Phase
By Product
- Uninterruptable Power Supply (UPS)
- Power Quality Meters
- Surge Protection Devices
- Harmonic Filters
- Voltage Regulators
- Others
By End Use
- Industrial & Manufacturing
- Residential
- Commercial
- Utilities
- Transportation
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Power Quality Equipment Market, by Phase
1.4.2 LAMEA Power Quality Equipment Market, by Product
1.4.3 LAMEA Power Quality Equipment Market, by End Use
1.4.4 LAMEA Power Quality Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Acquisition and Mergers: 2020, Feb – 2024, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Power Quality Equipment Market by Phase
5.1 LAMEA Three Phase Market by Country
5.2 LAMEA Single Phase Market by Country
Chapter 6. LAMEA Power Quality Equipment Market by Product
6.1 LAMEA Uninterruptable Power Supply (UPS) Market by Country
6.2 LAMEA Power Quality Meters Market by Country
6.3 LAMEA Surge Protection Devices Market by Country
6.4 LAMEA Harmonic Filters Market by Country
6.5 LAMEA Voltage Regulators Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Power Quality Equipment Market by End Use
7.1 LAMEA Industrial & Manufacturing Market by Country
7.2 LAMEA Residential Market by Country
7.3 LAMEA Commercial Market by Country
7.4 LAMEA Utilities Market by Country
7.5 LAMEA Transportation Market by Country
Chapter 8. LAMEA Power Quality Equipment Market by Country
8.1 Brazil Power Quality Equipment Market
8.1.1 Brazil Power Quality Equipment Market by Phase
8.1.2 Brazil Power Quality Equipment Market by Product
8.1.3 Brazil Power Quality Equipment Market by End Use
8.2 Argentina Power Quality Equipment Market
8.2.1 Argentina Power Quality Equipment Market by Phase
8.2.2 Argentina Power Quality Equipment Market by Product
8.2.3 Argentina Power Quality Equipment Market by End Use
8.3 UAE Power Quality Equipment Market
8.3.1 UAE Power Quality Equipment Market by Phase
8.3.2 UAE Power Quality Equipment Market by Product
8.3.3 UAE Power Quality Equipment Market by End Use
8.4 Saudi Arabia Power Quality Equipment Market
8.4.1 Saudi Arabia Power Quality Equipment Market by Phase
8.4.2 Saudi Arabia Power Quality Equipment Market by Product
8.4.3 Saudi Arabia Power Quality Equipment Market by End Use
8.5 South Africa Power Quality Equipment Market
8.5.1 South Africa Power Quality Equipment Market by Phase
8.5.2 South Africa Power Quality Equipment Market by Product
8.5.3 South Africa Power Quality Equipment Market by End Use
8.6 Nigeria Power Quality Equipment Market
8.6.1 Nigeria Power Quality Equipment Market by Phase
8.6.2 Nigeria Power Quality Equipment Market by Product
8.6.3 Nigeria Power Quality Equipment Market by End Use
8.7 Rest of LAMEA Power Quality Equipment Market
8.7.1 Rest of LAMEA Power Quality Equipment Market by Phase
8.7.2 Rest of LAMEA Power Quality Equipment Market by Product
8.7.3 Rest of LAMEA Power Quality Equipment Market by End Use
Chapter 9. Company Profiles
9.1 Eaton Corporation PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.5.3 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 ABB Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Schneider Electric SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Legrand S.A. (Legrand Group)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Siemens AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.5.6 SWOT Analysis
9.6 Honeywell International, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Leviton Manufacturing Co., Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Acquisition and Mergers:
9.7.3 SWOT Analysis
9.8 Emerson Electric Co.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Ametek, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. GE Vernova Group
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
9.10.3 SWOT Analysis
TABLE 1 LAMEA Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Quality Equipment Market
TABLE 4 Product Launches And Product Expansions– Power Quality Equipment Market
TABLE 5 Acquisition and Mergers– Power Quality Equipment Market
TABLE 6 Geographical Expansions – Power Quality Equipment Market
TABLE 7 LAMEA Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 8 LAMEA Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 9 LAMEA Three Phase Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Three Phase Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Single Phase Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Single Phase Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 14 LAMEA Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 15 LAMEA Uninterruptable Power Supply (UPS) Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Uninterruptable Power Supply (UPS) Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Power Quality Meters Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Power Quality Meters Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Surge Protection Devices Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Surge Protection Devices Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Harmonic Filters Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Harmonic Filters Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Voltage Regulators Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Voltage Regulators Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 28 LAMEA Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 29 LAMEA Industrial & Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Industrial & Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Residential Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Residential Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Commercial Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Commercial Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Utilities Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Utilities Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Transportation Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Transportation Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Power Quality Equipment Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Power Quality Equipment Market by Country, 2024 - 2031, USD Million
TABLE 41 Brazil Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 42 Brazil Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 43 Brazil Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 44 Brazil Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 45 Brazil Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 46 Brazil Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 47 Brazil Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 48 Brazil Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 49 Argentina Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 50 Argentina Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 51 Argentina Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 52 Argentina Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 53 Argentina Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 54 Argentina Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 55 Argentina Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 56 Argentina Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 57 UAE Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 58 UAE Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 59 UAE Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 60 UAE Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 61 UAE Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 62 UAE Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 63 UAE Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 64 UAE Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 65 Saudi Arabia Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 68 Saudi Arabia Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 69 Saudi Arabia Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 70 Saudi Arabia Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 71 Saudi Arabia Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 72 Saudi Arabia Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 73 South Africa Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 74 South Africa Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 75 South Africa Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 76 South Africa Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 77 South Africa Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 78 South Africa Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 79 South Africa Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 80 South Africa Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 81 Nigeria Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 82 Nigeria Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 83 Nigeria Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 84 Nigeria Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 85 Nigeria Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 86 Nigeria Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 87 Nigeria Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 88 Nigeria Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 89 Rest of LAMEA Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 92 Rest of LAMEA Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 93 Rest of LAMEA Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 94 Rest of LAMEA Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 95 Rest of LAMEA Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 96 Rest of LAMEA Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 97 Key Information – Eaton Corporation PLC
TABLE 98 Key Information – ABB Group
TABLE 99 Key Information – Schneider Electric SE
TABLE 100 key Information – Legrand S.A.
TABLE 101 Key Information – Siemens AG
TABLE 102 Key Information – Honeywell International, Inc.
TABLE 103 Key Information – Leviton Manufacturing Co., Inc.
TABLE 104 Key Information – Emerson Electric Co.
TABLE 105 Key Information – Ametek, Inc.
TABLE 106 Key Information – GE Vernova Group
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Power Quality Equipment Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Power Quality Equipment Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Acquisition and Mergers: 2020, Feb – 2024, May) Leading Players
FIG 8 Porter’s Five Forces Analysis – Power Quality Equipment Market
FIG 9 LAMEA Power Quality Equipment Market share by Phase, 2023
FIG 10 LAMEA Power Quality Equipment Market share by Phase, 2031
FIG 11 LAMEA Power Quality Equipment Market by Phase, 2020 - 2031, USD Million
FIG 12 LAMEA Power Quality Equipment Market share by Product, 2023
FIG 13 LAMEA Power Quality Equipment Market share by Product, 2031
FIG 14 LAMEA Power Quality Equipment Market by Product, 2020 - 2031, USD Million
FIG 15 LAMEA Power Quality Equipment Market share by End Use, 2023
FIG 16 LAMEA Power Quality Equipment Market share by End Use, 2031
FIG 17 LAMEA Power Quality Equipment Market by End Use, 2020 - 2031, USD Million
FIG 18 LAMEA Power Quality Equipment Market share by Country, 2023
FIG 19 LAMEA Power Quality Equipment Market share by Country, 2031
FIG 20 LAMEA Power Quality Equipment Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Eaton Corporation plc
FIG 22 SWOT Analysis: Eaton Corporation PLC
FIG 23 Recent strategies and developments: ABB Group
FIG 24 SWOT Analysis: ABB GROUP
FIG 25 SWOT Analysis: Schneider Electric SE
FIG 26 SWOT Analysis: Legrand S.A.
FIG 27 Recent strategies and developments: Siemens AG
FIG 28 SWOT Analysis: Siemens AG
FIG 29 Swot analysis: Honeywell international, inc.
FIG 30 SWOT Analysis: Leviton Manufacturing Co., Inc.
FIG 31 Swot Analysis: EMERSON ELECTRIC CO.
FIG 32 SWOT Analysis: Ametek, Inc.
FIG 33 SWOT Analysis: GE Vernova Group