The North America Power Quality Equipment Market would witness market growth of 5.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Power Quality Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,548.6 million by 2031. Canada market is experiencing a CAGR of 7.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2024 - 2031).
As renewable energy grows, the need for power quality management becomes increasingly critical. Countries are investing in advanced technologies to address the challenges posed by renewable energy variability, ensuring that the transition to cleaner energy sources does not disrupt the stability and reliability of electricity grids.
Additionally, this growing demand for power quality equipment reflects the ongoing efforts to harmonize the power supply in the face of expanding renewable energy infrastructure.
The regional nations are emphasizing more on the integration of renewable energy sources as well as grid modernization, both of which, while beneficial for the preservation of electricity quality, bring new challenges to the preservation of sustainability. An increasing number of people are becoming aware of the relevance of power quality in both the residential and commercial sectors. This is primarily due to the development of sensitive electronic gadgets and the requirement for an uninterrupted power supply. One critical factor is the increasing prevalence of home automation and smart home technologies, which necessitate a consistent and dependable power supply to operate efficiently.
Free Valuable Insights: The Power Quality Equipment Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Power Quality Equipment Market, by Phase
1.4.2 North America Power Quality Equipment Market, by Product
1.4.3 North America Power Quality Equipment Market, by End Use
1.4.4 North America 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. North America Power Quality Equipment Market by Phase
5.1 North America Three Phase Market by Region
5.2 North America Single Phase Market by Region
Chapter 6. North America Power Quality Equipment Market by Product
6.1 North America Uninterruptable Power Supply (UPS) Market by Country
6.2 North America Power Quality Meters Market by Country
6.3 North America Surge Protection Devices Market by Country
6.4 North America Harmonic Filters Market by Country
6.5 North America Voltage Regulators Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Power Quality Equipment Market by End Use
7.1 North America Industrial & Manufacturing Market by Country
7.2 North America Residential Market by Country
7.3 North America Commercial Market by Country
7.4 North America Utilities Market by Country
7.5 North America Transportation Market by Country
Chapter 8. North America Power Quality Equipment Market by Country
8.1 US Power Quality Equipment Market
8.1.1 US Power Quality Equipment Market by Phase
8.1.2 US Power Quality Equipment Market by Product
8.1.3 US Power Quality Equipment Market by End Use
8.2 Canada Power Quality Equipment Market
8.2.1 Canada Power Quality Equipment Market by Phase
8.2.2 Canada Power Quality Equipment Market by Product
8.2.3 Canada Power Quality Equipment Market by End Use
8.3 Mexico Power Quality Equipment Market
8.3.1 Mexico Power Quality Equipment Market by Phase
8.3.2 Mexico Power Quality Equipment Market by Product
8.3.3 Mexico Power Quality Equipment Market by End Use
8.4 Rest of North America Power Quality Equipment Market
8.4.1 Rest of North America Power Quality Equipment Market by Phase
8.4.2 Rest of North America Power Quality Equipment Market by Product
8.4.3 Rest of North America 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 North America Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 8 North America Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 9 North America Three Phase Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Three Phase Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Single Phase Market by Region, 2020 - 2023, USD Million
TABLE 12 North America Single Phase Market by Region, 2024 - 2031, USD Million
TABLE 13 North America Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 14 North America Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 15 North America Uninterruptable Power Supply (UPS) Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Uninterruptable Power Supply (UPS) Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Power Quality Meters Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Power Quality Meters Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Surge Protection Devices Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Surge Protection Devices Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Harmonic Filters Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Harmonic Filters Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Voltage Regulators Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Voltage Regulators Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 28 North America Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 29 North America Industrial & Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Industrial & Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Residential Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Residential Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Utilities Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Utilities Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Transportation Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Transportation Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Power Quality Equipment Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Power Quality Equipment Market by Country, 2024 - 2031, USD Million
TABLE 41 US Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 42 US Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 43 US Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 44 US Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 45 US Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 46 US Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 47 US Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 48 US Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 49 Canada Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 50 Canada Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 51 Canada Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 52 Canada Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 53 Canada Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 54 Canada Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 55 Canada Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 56 Canada Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 57 Mexico Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 58 Mexico Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 59 Mexico Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 60 Mexico Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 61 Mexico Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 62 Mexico Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 63 Mexico Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 64 Mexico Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 65 Rest of North America Power Quality Equipment Market, 2020 - 2023, USD Million
TABLE 66 Rest of North America Power Quality Equipment Market, 2024 - 2031, USD Million
TABLE 67 Rest of North America Power Quality Equipment Market by Phase, 2020 - 2023, USD Million
TABLE 68 Rest of North America Power Quality Equipment Market by Phase, 2024 - 2031, USD Million
TABLE 69 Rest of North America Power Quality Equipment Market by Product, 2020 - 2023, USD Million
TABLE 70 Rest of North America Power Quality Equipment Market by Product, 2024 - 2031, USD Million
TABLE 71 Rest of North America Power Quality Equipment Market by End Use, 2020 - 2023, USD Million
TABLE 72 Rest of North America Power Quality Equipment Market by End Use, 2024 - 2031, USD Million
TABLE 73 Key Information – Eaton Corporation PLC
TABLE 74 Key Information – ABB Group
TABLE 75 Key Information – Schneider Electric SE
TABLE 76 key Information – Legrand S.A.
TABLE 77 Key Information – Siemens AG
TABLE 78 Key Information – Honeywell International, Inc.
TABLE 79 Key Information – Leviton Manufacturing Co., Inc.
TABLE 80 Key Information – Emerson Electric Co.
TABLE 81 Key Information – Ametek, Inc.
TABLE 82 Key Information – GE Vernova Group
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Power Quality Equipment Market share by Phase, 2023
FIG 10 North America Power Quality Equipment Market share by Phase, 2031
FIG 11 North America Power Quality Equipment Market by Phase, 2020 - 2031, USD Million
FIG 12 North America Power Quality Equipment Market share by Product, 2023
FIG 13 North America Power Quality Equipment Market share by Product, 2031
FIG 14 North America Power Quality Equipment Market by Product, 2020 - 2031, USD Million
FIG 15 North America Power Quality Equipment Market share by End Use, 2023
FIG 16 North America Power Quality Equipment Market share by End Use, 2031
FIG 17 North America Power Quality Equipment Market by End Use, 2020 - 2031, USD Million
FIG 18 North America Power Quality Equipment Market share by Country, 2023
FIG 19 North America Power Quality Equipment Market share by Country, 2031
FIG 20 North America 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