Global Power Factor Correction Devices Market 2025 by Company, Regions, Type and Application, Forecast to 2031

Global Power Factor Correction Devices Market 2025 by Company, Regions, Type and Application, Forecast to 2031

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Published Date: 13 Jan 2025

Category: Machinery & Equipment

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

According to our (Global Info Research) latest study, the global Power Factor Correction Devices market size was valued at US$ 7636 million in 2024 and is forecast to a readjusted size of USD 10690 million by 2031 with a CAGR of 5.0% during review period.

Power-factor correction increases the power factor of a load, improving efficiency for the distribution system to which it is attached. Linear loads with low power factor (such as induction motors) can be corrected with a passive network of capacitors or inductors. Non-linear loads, such as rectifiers, distort the current drawn from the system. In such cases, active or passive power factor correction may be used to counteract the distortion and raise the power factor. The devices for correction of the power factor may be at a central substation, spread out over a distribution system, or built into power-consuming equipment.

Global Power Factor Correction Devices main players are ABB, Schneider, Siemens, Eaton, etc. Global top four manufacturers hold a share nearly 40%. Asia-Pacific is the largest market, with a share above 50%.

With the global emphasis on energy conservation, emission reduction and sustainable development, governments of various countries have introduced strict energy efficiency standards and energy-saving policies. These policies have driven the demand for high-efficiency equipment. Many countries and regions have implemented mandatory energy efficiency standards, such as the EU's ErP directive and the US's ENERGY STAR certification. These regulations require that electrical equipment must meet a certain power factor, otherwise they will face fines or sales bans. In developed countries, the existing old power systems need to be gradually replaced with more efficient and reliable PFC devices to meet new energy efficiency standards and user needs. As investment in power infrastructure continues to increase in developing countries and regions, the demand for PFC devices has also increased. Especially in Asia, Africa and Latin America, power system upgrades and expansions provide huge market opportunities for PFC devices.

This report is a detailed and comprehensive analysis for global Power Factor Correction Devices market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:
Global Power Factor Correction Devices market size and forecasts, in consumption value ($ Million), 2020-2031
Global Power Factor Correction Devices market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Power Factor Correction Devices market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Power Factor Correction Devices market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Power Factor Correction Devices
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Power Factor Correction Devices market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider, Siemens, Eaton, GE Grid Solutions, NISSIN ELECTRIC, Guilin Power Capacitor, Hubbell, Xian XD Power, Herong Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation
Power Factor Correction Devices market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Power Capacitor
AC Reactor
Active Power Filter
Others

Market segment by Application
Commercial Utility
Industrial Utility
Public Power Supply

Market segment by players, this report covers
ABB
Schneider
Siemens
Eaton
GE Grid Solutions
NISSIN ELECTRIC
Guilin Power Capacitor
Hubbell
Xian XD Power
Herong Electric
Shizuki Electric
Sieyuan Electric
Socomec
Rongxin Power Electronic
Ducati Energia
Iskra
ICAR SpA
FRAKO
AF Switchgear
LOVATO Electric
WEG
Johnson & Phillips
COMAR Condensatori SpA
Power Capacitors Ltd
Ampcontrol
Fuji Electric
Shindengen Electric Manufacturing Co., Ltd.
NICHICON CORPORATION
KEMET Electronics
Mitsubishi Electric Corporation

Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Power Factor Correction Devices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Power Factor Correction Devices, with revenue, gross margin, and global market share of Power Factor Correction Devices from 2020 to 2025.
Chapter 3, the Power Factor Correction Devices competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Power Factor Correction Devices market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Power Factor Correction Devices.
Chapter 13, to describe Power Factor Correction Devices research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Power Factor Correction Devices by Type
1.3.1 Overview: Global Power Factor Correction Devices Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Power Factor Correction Devices Consumption Value Market Share by Type in 2024
1.3.3 Power Capacitor
1.3.4 AC Reactor
1.3.5 Active Power Filter
1.3.6 Others
1.4 Global Power Factor Correction Devices Market by Application
1.4.1 Overview: Global Power Factor Correction Devices Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Commercial Utility
1.4.3 Industrial Utility
1.4.4 Public Power Supply
1.5 Global Power Factor Correction Devices Market Size & Forecast
1.6 Global Power Factor Correction Devices Market Size and Forecast by Region
1.6.1 Global Power Factor Correction Devices Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Power Factor Correction Devices Market Size by Region, (2020-2031)
1.6.3 North America Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.4 Europe Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.6 South America Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Power Factor Correction Devices Market Size and Prospect (2020-2031)

2 Company Profiles
2.1 ABB
2.1.1 ABB Details
2.1.2 ABB Major Business
2.1.3 ABB Power Factor Correction Devices Product and Solutions
2.1.4 ABB Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 ABB Recent Developments and Future Plans
2.2 Schneider
2.2.1 Schneider Details
2.2.2 Schneider Major Business
2.2.3 Schneider Power Factor Correction Devices Product and Solutions
2.2.4 Schneider Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Schneider Recent Developments and Future Plans
2.3 Siemens
2.3.1 Siemens Details
2.3.2 Siemens Major Business
2.3.3 Siemens Power Factor Correction Devices Product and Solutions
2.3.4 Siemens Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Siemens Recent Developments and Future Plans
2.4 Eaton
2.4.1 Eaton Details
2.4.2 Eaton Major Business
2.4.3 Eaton Power Factor Correction Devices Product and Solutions
2.4.4 Eaton Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Eaton Recent Developments and Future Plans
2.5 GE Grid Solutions
2.5.1 GE Grid Solutions Details
2.5.2 GE Grid Solutions Major Business
2.5.3 GE Grid Solutions Power Factor Correction Devices Product and Solutions
2.5.4 GE Grid Solutions Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 GE Grid Solutions Recent Developments and Future Plans
2.6 NISSIN ELECTRIC
2.6.1 NISSIN ELECTRIC Details
2.6.2 NISSIN ELECTRIC Major Business
2.6.3 NISSIN ELECTRIC Power Factor Correction Devices Product and Solutions
2.6.4 NISSIN ELECTRIC Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 NISSIN ELECTRIC Recent Developments and Future Plans
2.7 Guilin Power Capacitor
2.7.1 Guilin Power Capacitor Details
2.7.2 Guilin Power Capacitor Major Business
2.7.3 Guilin Power Capacitor Power Factor Correction Devices Product and Solutions
2.7.4 Guilin Power Capacitor Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Guilin Power Capacitor Recent Developments and Future Plans
2.8 Hubbell
2.8.1 Hubbell Details
2.8.2 Hubbell Major Business
2.8.3 Hubbell Power Factor Correction Devices Product and Solutions
2.8.4 Hubbell Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Hubbell Recent Developments and Future Plans
2.9 Xian XD Power
2.9.1 Xian XD Power Details
2.9.2 Xian XD Power Major Business
2.9.3 Xian XD Power Power Factor Correction Devices Product and Solutions
2.9.4 Xian XD Power Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Xian XD Power Recent Developments and Future Plans
2.10 Herong Electric
2.10.1 Herong Electric Details
2.10.2 Herong Electric Major Business
2.10.3 Herong Electric Power Factor Correction Devices Product and Solutions
2.10.4 Herong Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Herong Electric Recent Developments and Future Plans
2.11 Shizuki Electric
2.11.1 Shizuki Electric Details
2.11.2 Shizuki Electric Major Business
2.11.3 Shizuki Electric Power Factor Correction Devices Product and Solutions
2.11.4 Shizuki Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Shizuki Electric Recent Developments and Future Plans
2.12 Sieyuan Electric
2.12.1 Sieyuan Electric Details
2.12.2 Sieyuan Electric Major Business
2.12.3 Sieyuan Electric Power Factor Correction Devices Product and Solutions
2.12.4 Sieyuan Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Sieyuan Electric Recent Developments and Future Plans
2.13 Socomec
2.13.1 Socomec Details
2.13.2 Socomec Major Business
2.13.3 Socomec Power Factor Correction Devices Product and Solutions
2.13.4 Socomec Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Socomec Recent Developments and Future Plans
2.14 Rongxin Power Electronic
2.14.1 Rongxin Power Electronic Details
2.14.2 Rongxin Power Electronic Major Business
2.14.3 Rongxin Power Electronic Power Factor Correction Devices Product and Solutions
2.14.4 Rongxin Power Electronic Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Rongxin Power Electronic Recent Developments and Future Plans
2.15 Ducati Energia
2.15.1 Ducati Energia Details
2.15.2 Ducati Energia Major Business
2.15.3 Ducati Energia Power Factor Correction Devices Product and Solutions
2.15.4 Ducati Energia Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Ducati Energia Recent Developments and Future Plans
2.16 Iskra
2.16.1 Iskra Details
2.16.2 Iskra Major Business
2.16.3 Iskra Power Factor Correction Devices Product and Solutions
2.16.4 Iskra Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Iskra Recent Developments and Future Plans
2.17 ICAR SpA
2.17.1 ICAR SpA Details
2.17.2 ICAR SpA Major Business
2.17.3 ICAR SpA Power Factor Correction Devices Product and Solutions
2.17.4 ICAR SpA Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 ICAR SpA Recent Developments and Future Plans
2.18 FRAKO
2.18.1 FRAKO Details
2.18.2 FRAKO Major Business
2.18.3 FRAKO Power Factor Correction Devices Product and Solutions
2.18.4 FRAKO Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 FRAKO Recent Developments and Future Plans
2.19 AF Switchgear
2.19.1 AF Switchgear Details
2.19.2 AF Switchgear Major Business
2.19.3 AF Switchgear Power Factor Correction Devices Product and Solutions
2.19.4 AF Switchgear Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 AF Switchgear Recent Developments and Future Plans
2.20 LOVATO Electric
2.20.1 LOVATO Electric Details
2.20.2 LOVATO Electric Major Business
2.20.3 LOVATO Electric Power Factor Correction Devices Product and Solutions
2.20.4 LOVATO Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 LOVATO Electric Recent Developments and Future Plans
2.21 WEG
2.21.1 WEG Details
2.21.2 WEG Major Business
2.21.3 WEG Power Factor Correction Devices Product and Solutions
2.21.4 WEG Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.21.5 WEG Recent Developments and Future Plans
2.22 Johnson & Phillips
2.22.1 Johnson & Phillips Details
2.22.2 Johnson & Phillips Major Business
2.22.3 Johnson & Phillips Power Factor Correction Devices Product and Solutions
2.22.4 Johnson & Phillips Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.22.5 Johnson & Phillips Recent Developments and Future Plans
2.23 COMAR Condensatori SpA
2.23.1 COMAR Condensatori SpA Details
2.23.2 COMAR Condensatori SpA Major Business
2.23.3 COMAR Condensatori SpA Power Factor Correction Devices Product and Solutions
2.23.4 COMAR Condensatori SpA Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.23.5 COMAR Condensatori SpA Recent Developments and Future Plans
2.24 Power Capacitors Ltd
2.24.1 Power Capacitors Ltd Details
2.24.2 Power Capacitors Ltd Major Business
2.24.3 Power Capacitors Ltd Power Factor Correction Devices Product and Solutions
2.24.4 Power Capacitors Ltd Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.24.5 Power Capacitors Ltd Recent Developments and Future Plans
2.25 Ampcontrol
2.25.1 Ampcontrol Details
2.25.2 Ampcontrol Major Business
2.25.3 Ampcontrol Power Factor Correction Devices Product and Solutions
2.25.4 Ampcontrol Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.25.5 Ampcontrol Recent Developments and Future Plans
2.26 Fuji Electric
2.26.1 Fuji Electric Details
2.26.2 Fuji Electric Major Business
2.26.3 Fuji Electric Power Factor Correction Devices Product and Solutions
2.26.4 Fuji Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.26.5 Fuji Electric Recent Developments and Future Plans
2.27 Shindengen Electric Manufacturing Co., Ltd.
2.27.1 Shindengen Electric Manufacturing Co., Ltd. Details
2.27.2 Shindengen Electric Manufacturing Co., Ltd. Major Business
2.27.3 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product and Solutions
2.27.4 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.27.5 Shindengen Electric Manufacturing Co., Ltd. Recent Developments and Future Plans
2.28 NICHICON CORPORATION
2.28.1 NICHICON CORPORATION Details
2.28.2 NICHICON CORPORATION Major Business
2.28.3 NICHICON CORPORATION Power Factor Correction Devices Product and Solutions
2.28.4 NICHICON CORPORATION Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.28.5 NICHICON CORPORATION Recent Developments and Future Plans
2.29 KEMET Electronics
2.29.1 KEMET Electronics Details
2.29.2 KEMET Electronics Major Business
2.29.3 KEMET Electronics Power Factor Correction Devices Product and Solutions
2.29.4 KEMET Electronics Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.29.5 KEMET Electronics Recent Developments and Future Plans
2.30 Mitsubishi Electric Corporation
2.30.1 Mitsubishi Electric Corporation Details
2.30.2 Mitsubishi Electric Corporation Major Business
2.30.3 Mitsubishi Electric Corporation Power Factor Correction Devices Product and Solutions
2.30.4 Mitsubishi Electric Corporation Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.30.5 Mitsubishi Electric Corporation Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Power Factor Correction Devices Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Power Factor Correction Devices by Company Revenue
3.2.2 Top 3 Power Factor Correction Devices Players Market Share in 2024
3.2.3 Top 6 Power Factor Correction Devices Players Market Share in 2024
3.3 Power Factor Correction Devices Market: Overall Company Footprint Analysis
3.3.1 Power Factor Correction Devices Market: Region Footprint
3.3.2 Power Factor Correction Devices Market: Company Product Type Footprint
3.3.3 Power Factor Correction Devices Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Power Factor Correction Devices Consumption Value and Market Share by Type (2020-2025)
4.2 Global Power Factor Correction Devices Market Forecast by Type (2026-2031)

5 Market Size Segment by Application
5.1 Global Power Factor Correction Devices Consumption Value Market Share by Application (2020-2025)
5.2 Global Power Factor Correction Devices Market Forecast by Application (2026-2031)

6 North America
6.1 North America Power Factor Correction Devices Consumption Value by Type (2020-2031)
6.2 North America Power Factor Correction Devices Market Size by Application (2020-2031)
6.3 North America Power Factor Correction Devices Market Size by Country
6.3.1 North America Power Factor Correction Devices Consumption Value by Country (2020-2031)
6.3.2 United States Power Factor Correction Devices Market Size and Forecast (2020-2031)
6.3.3 Canada Power Factor Correction Devices Market Size and Forecast (2020-2031)
6.3.4 Mexico Power Factor Correction Devices Market Size and Forecast (2020-2031)

7 Europe
7.1 Europe Power Factor Correction Devices Consumption Value by Type (2020-2031)
7.2 Europe Power Factor Correction Devices Consumption Value by Application (2020-2031)
7.3 Europe Power Factor Correction Devices Market Size by Country
7.3.1 Europe Power Factor Correction Devices Consumption Value by Country (2020-2031)
7.3.2 Germany Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.3 France Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.5 Russia Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.6 Italy Power Factor Correction Devices Market Size and Forecast (2020-2031)

8 Asia-Pacific
8.1 Asia-Pacific Power Factor Correction Devices Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Power Factor Correction Devices Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Power Factor Correction Devices Market Size by Region
8.3.1 Asia-Pacific Power Factor Correction Devices Consumption Value by Region (2020-2031)
8.3.2 China Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.3 Japan Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.4 South Korea Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.5 India Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.7 Australia Power Factor Correction Devices Market Size and Forecast (2020-2031)

9 South America
9.1 South America Power Factor Correction Devices Consumption Value by Type (2020-2031)
9.2 South America Power Factor Correction Devices Consumption Value by Application (2020-2031)
9.3 South America Power Factor Correction Devices Market Size by Country
9.3.1 South America Power Factor Correction Devices Consumption Value by Country (2020-2031)
9.3.2 Brazil Power Factor Correction Devices Market Size and Forecast (2020-2031)
9.3.3 Argentina Power Factor Correction Devices Market Size and Forecast (2020-2031)

10 Middle East & Africa
10.1 Middle East & Africa Power Factor Correction Devices Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Power Factor Correction Devices Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Power Factor Correction Devices Market Size by Country
10.3.1 Middle East & Africa Power Factor Correction Devices Consumption Value by Country (2020-2031)
10.3.2 Turkey Power Factor Correction Devices Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Power Factor Correction Devices Market Size and Forecast (2020-2031)
10.3.4 UAE Power Factor Correction Devices Market Size and Forecast (2020-2031)

11 Market Dynamics
11.1 Power Factor Correction Devices Market Drivers
11.2 Power Factor Correction Devices Market Restraints
11.3 Power Factor Correction Devices Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Power Factor Correction Devices Industry Chain
12.2 Power Factor Correction Devices Upstream Analysis
12.3 Power Factor Correction Devices Midstream Analysis
12.4 Power Factor Correction Devices Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Power Factor Correction Devices Consumption Value by Type, (USD Million), 2020 & 2024 & 2031
Table 2. Global Power Factor Correction Devices Consumption Value by Application, (USD Million), 2020 & 2024 & 2031
Table 3. Global Power Factor Correction Devices Consumption Value by Region (2020-2025) & (USD Million)
Table 4. Global Power Factor Correction Devices Consumption Value by Region (2026-2031) & (USD Million)
Table 5. ABB Company Information, Head Office, and Major Competitors
Table 6. ABB Major Business
Table 7. ABB Power Factor Correction Devices Product and Solutions
Table 8. ABB Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 9. ABB Recent Developments and Future Plans
Table 10. Schneider Company Information, Head Office, and Major Competitors
Table 11. Schneider Major Business
Table 12. Schneider Power Factor Correction Devices Product and Solutions
Table 13. Schneider Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 14. Schneider Recent Developments and Future Plans
Table 15. Siemens Company Information, Head Office, and Major Competitors
Table 16. Siemens Major Business
Table 17. Siemens Power Factor Correction Devices Product and Solutions
Table 18. Siemens Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 19. Eaton Company Information, Head Office, and Major Competitors
Table 20. Eaton Major Business
Table 21. Eaton Power Factor Correction Devices Product and Solutions
Table 22. Eaton Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 23. Eaton Recent Developments and Future Plans
Table 24. GE Grid Solutions Company Information, Head Office, and Major Competitors
Table 25. GE Grid Solutions Major Business
Table 26. GE Grid Solutions Power Factor Correction Devices Product and Solutions
Table 27. GE Grid Solutions Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 28. GE Grid Solutions Recent Developments and Future Plans
Table 29. NISSIN ELECTRIC Company Information, Head Office, and Major Competitors
Table 30. NISSIN ELECTRIC Major Business
Table 31. NISSIN ELECTRIC Power Factor Correction Devices Product and Solutions
Table 32. NISSIN ELECTRIC Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 33. NISSIN ELECTRIC Recent Developments and Future Plans
Table 34. Guilin Power Capacitor Company Information, Head Office, and Major Competitors
Table 35. Guilin Power Capacitor Major Business
Table 36. Guilin Power Capacitor Power Factor Correction Devices Product and Solutions
Table 37. Guilin Power Capacitor Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 38. Guilin Power Capacitor Recent Developments and Future Plans
Table 39. Hubbell Company Information, Head Office, and Major Competitors
Table 40. Hubbell Major Business
Table 41. Hubbell Power Factor Correction Devices Product and Solutions
Table 42. Hubbell Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 43. Hubbell Recent Developments and Future Plans
Table 44. Xian XD Power Company Information, Head Office, and Major Competitors
Table 45. Xian XD Power Major Business
Table 46. Xian XD Power Power Factor Correction Devices Product and Solutions
Table 47. Xian XD Power Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 48. Xian XD Power Recent Developments and Future Plans
Table 49. Herong Electric Company Information, Head Office, and Major Competitors
Table 50. Herong Electric Major Business
Table 51. Herong Electric Power Factor Correction Devices Product and Solutions
Table 52. Herong Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 53. Herong Electric Recent Developments and Future Plans
Table 54. Shizuki Electric Company Information, Head Office, and Major Competitors
Table 55. Shizuki Electric Major Business
Table 56. Shizuki Electric Power Factor Correction Devices Product and Solutions
Table 57. Shizuki Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 58. Shizuki Electric Recent Developments and Future Plans
Table 59. Sieyuan Electric Company Information, Head Office, and Major Competitors
Table 60. Sieyuan Electric Major Business
Table 61. Sieyuan Electric Power Factor Correction Devices Product and Solutions
Table 62. Sieyuan Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 63. Sieyuan Electric Recent Developments and Future Plans
Table 64. Socomec Company Information, Head Office, and Major Competitors
Table 65. Socomec Major Business
Table 66. Socomec Power Factor Correction Devices Product and Solutions
Table 67. Socomec Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 68. Socomec Recent Developments and Future Plans
Table 69. Rongxin Power Electronic Company Information, Head Office, and Major Competitors
Table 70. Rongxin Power Electronic Major Business
Table 71. Rongxin Power Electronic Power Factor Correction Devices Product and Solutions
Table 72. Rongxin Power Electronic Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 73. Rongxin Power Electronic Recent Developments and Future Plans
Table 74. Ducati Energia Company Information, Head Office, and Major Competitors
Table 75. Ducati Energia Major Business
Table 76. Ducati Energia Power Factor Correction Devices Product and Solutions
Table 77. Ducati Energia Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 78. Ducati Energia Recent Developments and Future Plans
Table 79. Iskra Company Information, Head Office, and Major Competitors
Table 80. Iskra Major Business
Table 81. Iskra Power Factor Correction Devices Product and Solutions
Table 82. Iskra Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 83. Iskra Recent Developments and Future Plans
Table 84. ICAR SpA Company Information, Head Office, and Major Competitors
Table 85. ICAR SpA Major Business
Table 86. ICAR SpA Power Factor Correction Devices Product and Solutions
Table 87. ICAR SpA Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 88. ICAR SpA Recent Developments and Future Plans
Table 89. FRAKO Company Information, Head Office, and Major Competitors
Table 90. FRAKO Major Business
Table 91. FRAKO Power Factor Correction Devices Product and Solutions
Table 92. FRAKO Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 93. FRAKO Recent Developments and Future Plans
Table 94. AF Switchgear Company Information, Head Office, and Major Competitors
Table 95. AF Switchgear Major Business
Table 96. AF Switchgear Power Factor Correction Devices Product and Solutions
Table 97. AF Switchgear Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 98. AF Switchgear Recent Developments and Future Plans
Table 99. LOVATO Electric Company Information, Head Office, and Major Competitors
Table 100. LOVATO Electric Major Business
Table 101. LOVATO Electric Power Factor Correction Devices Product and Solutions
Table 102. LOVATO Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 103. LOVATO Electric Recent Developments and Future Plans
Table 104. WEG Company Information, Head Office, and Major Competitors
Table 105. WEG Major Business
Table 106. WEG Power Factor Correction Devices Product and Solutions
Table 107. WEG Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 108. WEG Recent Developments and Future Plans
Table 109. Johnson & Phillips Company Information, Head Office, and Major Competitors
Table 110. Johnson & Phillips Major Business
Table 111. Johnson & Phillips Power Factor Correction Devices Product and Solutions
Table 112. Johnson & Phillips Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 113. Johnson & Phillips Recent Developments and Future Plans
Table 114. COMAR Condensatori SpA Company Information, Head Office, and Major Competitors
Table 115. COMAR Condensatori SpA Major Business
Table 116. COMAR Condensatori SpA Power Factor Correction Devices Product and Solutions
Table 117. COMAR Condensatori SpA Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 118. COMAR Condensatori SpA Recent Developments and Future Plans
Table 119. Power Capacitors Ltd Company Information, Head Office, and Major Competitors
Table 120. Power Capacitors Ltd Major Business
Table 121. Power Capacitors Ltd Power Factor Correction Devices Product and Solutions
Table 122. Power Capacitors Ltd Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 123. Power Capacitors Ltd Recent Developments and Future Plans
Table 124. Ampcontrol Company Information, Head Office, and Major Competitors
Table 125. Ampcontrol Major Business
Table 126. Ampcontrol Power Factor Correction Devices Product and Solutions
Table 127. Ampcontrol Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 128. Ampcontrol Recent Developments and Future Plans
Table 129. Fuji Electric Company Information, Head Office, and Major Competitors
Table 130. Fuji Electric Major Business
Table 131. Fuji Electric Power Factor Correction Devices Product and Solutions
Table 132. Fuji Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 133. Fuji Electric Recent Developments and Future Plans
Table 134. Shindengen Electric Manufacturing Co., Ltd. Company Information, Head Office, and Major Competitors
Table 135. Shindengen Electric Manufacturing Co., Ltd. Major Business
Table 136. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product and Solutions
Table 137. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 138. Shindengen Electric Manufacturing Co., Ltd. Recent Developments and Future Plans
Table 139. NICHICON CORPORATION Company Information, Head Office, and Major Competitors
Table 140. NICHICON CORPORATION Major Business
Table 141. NICHICON CORPORATION Power Factor Correction Devices Product and Solutions
Table 142. NICHICON CORPORATION Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 143. NICHICON CORPORATION Recent Developments and Future Plans
Table 144. KEMET Electronics Company Information, Head Office, and Major Competitors
Table 145. KEMET Electronics Major Business
Table 146. KEMET Electronics Power Factor Correction Devices Product and Solutions
Table 147. KEMET Electronics Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 148. KEMET Electronics Recent Developments and Future Plans
Table 149. Mitsubishi Electric Corporation Company Information, Head Office, and Major Competitors
Table 150. Mitsubishi Electric Corporation Major Business
Table 151. Mitsubishi Electric Corporation Power Factor Correction Devices Product and Solutions
Table 152. Mitsubishi Electric Corporation Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 153. Mitsubishi Electric Corporation Recent Developments and Future Plans
Table 154. Global Power Factor Correction Devices Revenue (USD Million) by Players (2020-2025)
Table 155. Global Power Factor Correction Devices Revenue Share by Players (2020-2025)
Table 156. Breakdown of Power Factor Correction Devices by Company Type (Tier 1, Tier 2, and Tier 3)
Table 157. Market Position of Players in Power Factor Correction Devices, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2024
Table 158. Head Office of Key Power Factor Correction Devices Players
Table 159. Power Factor Correction Devices Market: Company Product Type Footprint
Table 160. Power Factor Correction Devices Market: Company Product Application Footprint
Table 161. Power Factor Correction Devices New Market Entrants and Barriers to Market Entry
Table 162. Power Factor Correction Devices Mergers, Acquisition, Agreements, and Collaborations
Table 163. Global Power Factor Correction Devices Consumption Value (USD Million) by Type (2020-2025)
Table 164. Global Power Factor Correction Devices Consumption Value Share by Type (2020-2025)
Table 165. Global Power Factor Correction Devices Consumption Value Forecast by Type (2026-2031)
Table 166. Global Power Factor Correction Devices Consumption Value by Application (2020-2025)
Table 167. Global Power Factor Correction Devices Consumption Value Forecast by Application (2026-2031)
Table 168. North America Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 169. North America Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 170. North America Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 171. North America Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 172. North America Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 173. North America Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 174. Europe Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 175. Europe Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 176. Europe Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 177. Europe Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 178. Europe Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 179. Europe Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 180. Asia-Pacific Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 181. Asia-Pacific Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 182. Asia-Pacific Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 183. Asia-Pacific Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 184. Asia-Pacific Power Factor Correction Devices Consumption Value by Region (2020-2025) & (USD Million)
Table 185. Asia-Pacific Power Factor Correction Devices Consumption Value by Region (2026-2031) & (USD Million)
Table 186. South America Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 187. South America Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 188. South America Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 189. South America Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 190. South America Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 191. South America Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 192. Middle East & Africa Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 193. Middle East & Africa Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 194. Middle East & Africa Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 195. Middle East & Africa Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 196. Middle East & Africa Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 197. Middle East & Africa Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 198. Global Key Players of Power Factor Correction Devices Upstream (Raw Materials)
Table 199. Global Power Factor Correction Devices Typical Customers


List of Figures
Figure 1. Power Factor Correction Devices Picture
Figure 2. Global Power Factor Correction Devices Consumption Value by Type, (USD Million), 2020 & 2024 & 2031
Figure 3. Global Power Factor Correction Devices Consumption Value Market Share by Type in 2024
Figure 4. Power Capacitor
Figure 5. AC Reactor
Figure 6. Active Power Filter
Figure 7. Others
Figure 8. Global Power Factor Correction Devices Consumption Value by Application, (USD Million), 2020 & 2024 & 2031
Figure 9. Power Factor Correction Devices Consumption Value Market Share by Application in 2024
Figure 10. Commercial Utility Picture
Figure 11. Industrial Utility Picture
Figure 12. Public Power Supply Picture
Figure 13. Global Power Factor Correction Devices Consumption Value, (USD Million): 2020 & 2024 & 2031
Figure 14. Global Power Factor Correction Devices Consumption Value and Forecast (2020-2031) & (USD Million)
Figure 15. Global Market Power Factor Correction Devices Consumption Value (USD Million) Comparison by Region (2020 VS 2024 VS 2031)
Figure 16. Global Power Factor Correction Devices Consumption Value Market Share by Region (2020-2031)
Figure 17. Global Power Factor Correction Devices Consumption Value Market Share by Region in 2024
Figure 18. North America Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 19. Europe Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 20. Asia-Pacific Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 21. South America Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 22. Middle East & Africa Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 23. Company Three Recent Developments and Future Plans
Figure 24. Global Power Factor Correction Devices Revenue Share by Players in 2024
Figure 25. Power Factor Correction Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3) in 2024
Figure 26. Market Share of Power Factor Correction Devices by Player Revenue in 2024
Figure 27. Top 3 Power Factor Correction Devices Players Market Share in 2024
Figure 28. Top 6 Power Factor Correction Devices Players Market Share in 2024
Figure 29. Global Power Factor Correction Devices Consumption Value Share by Type (2020-2025)
Figure 30. Global Power Factor Correction Devices Market Share Forecast by Type (2026-2031)
Figure 31. Global Power Factor Correction Devices Consumption Value Share by Application (2020-2025)
Figure 32. Global Power Factor Correction Devices Market Share Forecast by Application (2026-2031)
Figure 33. North America Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 34. North America Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 35. North America Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 36. United States Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 37. Canada Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 38. Mexico Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 39. Europe Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 40. Europe Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 41. Europe Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 42. Germany Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 43. France Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 44. United Kingdom Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 45. Russia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 46. Italy Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 47. Asia-Pacific Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 48. Asia-Pacific Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 49. Asia-Pacific Power Factor Correction Devices Consumption Value Market Share by Region (2020-2031)
Figure 50. China Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 51. Japan Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 52. South Korea Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 53. India Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 54. Southeast Asia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 55. Australia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 56. South America Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 57. South America Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 58. South America Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 59. Brazil Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 60. Argentina Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 61. Middle East & Africa Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 62. Middle East & Africa Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 63. Middle East & Africa Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 64. Turkey Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 65. Saudi Arabia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 66. UAE Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 67. Power Factor Correction Devices Market Drivers
Figure 68. Power Factor Correction Devices Market Restraints
Figure 69. Power Factor Correction Devices Market Trends
Figure 70. Porters Five Forces Analysis
Figure 71. Power Factor Correction Devices Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

ABB
Schneider
Siemens
Eaton
GE Grid Solutions
NISSIN ELECTRIC
Guilin Power Capacitor
Hubbell
Xian XD Power
Herong Electric
Shizuki Electric
Sieyuan Electric
Socomec
Rongxin Power Electronic
Ducati Energia
Iskra
ICAR SpA
FRAKO
AF Switchgear
LOVATO Electric
WEG
Johnson & Phillips
COMAR Condensatori SpA
Power Capacitors Ltd
Ampcontrol
Fuji Electric
Shindengen Electric Manufacturing Co., Ltd.
NICHICON CORPORATION
KEMET Electronics
Mitsubishi Electric Corporation
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Global Power Factor Correction Devices Market 2025 by Company, Regions, Type and Application, Forecast to 2031

Global Power Factor Correction Devices Market 2025 by Company, Regions, Type and Application, Forecast to 2031

Page: 163

Published Date: 13 Jan 2025

Category: Machinery & Equipment

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Description

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Description

According to our (Global Info Research) latest study, the global Power Factor Correction Devices market size was valued at US$ 7636 million in 2024 and is forecast to a readjusted size of USD 10690 million by 2031 with a CAGR of 5.0% during review period.

Power-factor correction increases the power factor of a load, improving efficiency for the distribution system to which it is attached. Linear loads with low power factor (such as induction motors) can be corrected with a passive network of capacitors or inductors. Non-linear loads, such as rectifiers, distort the current drawn from the system. In such cases, active or passive power factor correction may be used to counteract the distortion and raise the power factor. The devices for correction of the power factor may be at a central substation, spread out over a distribution system, or built into power-consuming equipment.

Global Power Factor Correction Devices main players are ABB, Schneider, Siemens, Eaton, etc. Global top four manufacturers hold a share nearly 40%. Asia-Pacific is the largest market, with a share above 50%.

With the global emphasis on energy conservation, emission reduction and sustainable development, governments of various countries have introduced strict energy efficiency standards and energy-saving policies. These policies have driven the demand for high-efficiency equipment. Many countries and regions have implemented mandatory energy efficiency standards, such as the EU's ErP directive and the US's ENERGY STAR certification. These regulations require that electrical equipment must meet a certain power factor, otherwise they will face fines or sales bans. In developed countries, the existing old power systems need to be gradually replaced with more efficient and reliable PFC devices to meet new energy efficiency standards and user needs. As investment in power infrastructure continues to increase in developing countries and regions, the demand for PFC devices has also increased. Especially in Asia, Africa and Latin America, power system upgrades and expansions provide huge market opportunities for PFC devices.

This report is a detailed and comprehensive analysis for global Power Factor Correction Devices market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:
Global Power Factor Correction Devices market size and forecasts, in consumption value ($ Million), 2020-2031
Global Power Factor Correction Devices market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Power Factor Correction Devices market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Power Factor Correction Devices market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Power Factor Correction Devices
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Power Factor Correction Devices market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Schneider, Siemens, Eaton, GE Grid Solutions, NISSIN ELECTRIC, Guilin Power Capacitor, Hubbell, Xian XD Power, Herong Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation
Power Factor Correction Devices market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Power Capacitor
AC Reactor
Active Power Filter
Others

Market segment by Application
Commercial Utility
Industrial Utility
Public Power Supply

Market segment by players, this report covers
ABB
Schneider
Siemens
Eaton
GE Grid Solutions
NISSIN ELECTRIC
Guilin Power Capacitor
Hubbell
Xian XD Power
Herong Electric
Shizuki Electric
Sieyuan Electric
Socomec
Rongxin Power Electronic
Ducati Energia
Iskra
ICAR SpA
FRAKO
AF Switchgear
LOVATO Electric
WEG
Johnson & Phillips
COMAR Condensatori SpA
Power Capacitors Ltd
Ampcontrol
Fuji Electric
Shindengen Electric Manufacturing Co., Ltd.
NICHICON CORPORATION
KEMET Electronics
Mitsubishi Electric Corporation

Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Power Factor Correction Devices product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Power Factor Correction Devices, with revenue, gross margin, and global market share of Power Factor Correction Devices from 2020 to 2025.
Chapter 3, the Power Factor Correction Devices competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Power Factor Correction Devices market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Power Factor Correction Devices.
Chapter 13, to describe Power Factor Correction Devices research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Power Factor Correction Devices by Type
1.3.1 Overview: Global Power Factor Correction Devices Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Power Factor Correction Devices Consumption Value Market Share by Type in 2024
1.3.3 Power Capacitor
1.3.4 AC Reactor
1.3.5 Active Power Filter
1.3.6 Others
1.4 Global Power Factor Correction Devices Market by Application
1.4.1 Overview: Global Power Factor Correction Devices Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Commercial Utility
1.4.3 Industrial Utility
1.4.4 Public Power Supply
1.5 Global Power Factor Correction Devices Market Size & Forecast
1.6 Global Power Factor Correction Devices Market Size and Forecast by Region
1.6.1 Global Power Factor Correction Devices Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Power Factor Correction Devices Market Size by Region, (2020-2031)
1.6.3 North America Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.4 Europe Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.6 South America Power Factor Correction Devices Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Power Factor Correction Devices Market Size and Prospect (2020-2031)

2 Company Profiles
2.1 ABB
2.1.1 ABB Details
2.1.2 ABB Major Business
2.1.3 ABB Power Factor Correction Devices Product and Solutions
2.1.4 ABB Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 ABB Recent Developments and Future Plans
2.2 Schneider
2.2.1 Schneider Details
2.2.2 Schneider Major Business
2.2.3 Schneider Power Factor Correction Devices Product and Solutions
2.2.4 Schneider Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Schneider Recent Developments and Future Plans
2.3 Siemens
2.3.1 Siemens Details
2.3.2 Siemens Major Business
2.3.3 Siemens Power Factor Correction Devices Product and Solutions
2.3.4 Siemens Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Siemens Recent Developments and Future Plans
2.4 Eaton
2.4.1 Eaton Details
2.4.2 Eaton Major Business
2.4.3 Eaton Power Factor Correction Devices Product and Solutions
2.4.4 Eaton Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Eaton Recent Developments and Future Plans
2.5 GE Grid Solutions
2.5.1 GE Grid Solutions Details
2.5.2 GE Grid Solutions Major Business
2.5.3 GE Grid Solutions Power Factor Correction Devices Product and Solutions
2.5.4 GE Grid Solutions Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 GE Grid Solutions Recent Developments and Future Plans
2.6 NISSIN ELECTRIC
2.6.1 NISSIN ELECTRIC Details
2.6.2 NISSIN ELECTRIC Major Business
2.6.3 NISSIN ELECTRIC Power Factor Correction Devices Product and Solutions
2.6.4 NISSIN ELECTRIC Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 NISSIN ELECTRIC Recent Developments and Future Plans
2.7 Guilin Power Capacitor
2.7.1 Guilin Power Capacitor Details
2.7.2 Guilin Power Capacitor Major Business
2.7.3 Guilin Power Capacitor Power Factor Correction Devices Product and Solutions
2.7.4 Guilin Power Capacitor Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Guilin Power Capacitor Recent Developments and Future Plans
2.8 Hubbell
2.8.1 Hubbell Details
2.8.2 Hubbell Major Business
2.8.3 Hubbell Power Factor Correction Devices Product and Solutions
2.8.4 Hubbell Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Hubbell Recent Developments and Future Plans
2.9 Xian XD Power
2.9.1 Xian XD Power Details
2.9.2 Xian XD Power Major Business
2.9.3 Xian XD Power Power Factor Correction Devices Product and Solutions
2.9.4 Xian XD Power Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Xian XD Power Recent Developments and Future Plans
2.10 Herong Electric
2.10.1 Herong Electric Details
2.10.2 Herong Electric Major Business
2.10.3 Herong Electric Power Factor Correction Devices Product and Solutions
2.10.4 Herong Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Herong Electric Recent Developments and Future Plans
2.11 Shizuki Electric
2.11.1 Shizuki Electric Details
2.11.2 Shizuki Electric Major Business
2.11.3 Shizuki Electric Power Factor Correction Devices Product and Solutions
2.11.4 Shizuki Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Shizuki Electric Recent Developments and Future Plans
2.12 Sieyuan Electric
2.12.1 Sieyuan Electric Details
2.12.2 Sieyuan Electric Major Business
2.12.3 Sieyuan Electric Power Factor Correction Devices Product and Solutions
2.12.4 Sieyuan Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Sieyuan Electric Recent Developments and Future Plans
2.13 Socomec
2.13.1 Socomec Details
2.13.2 Socomec Major Business
2.13.3 Socomec Power Factor Correction Devices Product and Solutions
2.13.4 Socomec Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Socomec Recent Developments and Future Plans
2.14 Rongxin Power Electronic
2.14.1 Rongxin Power Electronic Details
2.14.2 Rongxin Power Electronic Major Business
2.14.3 Rongxin Power Electronic Power Factor Correction Devices Product and Solutions
2.14.4 Rongxin Power Electronic Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Rongxin Power Electronic Recent Developments and Future Plans
2.15 Ducati Energia
2.15.1 Ducati Energia Details
2.15.2 Ducati Energia Major Business
2.15.3 Ducati Energia Power Factor Correction Devices Product and Solutions
2.15.4 Ducati Energia Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Ducati Energia Recent Developments and Future Plans
2.16 Iskra
2.16.1 Iskra Details
2.16.2 Iskra Major Business
2.16.3 Iskra Power Factor Correction Devices Product and Solutions
2.16.4 Iskra Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Iskra Recent Developments and Future Plans
2.17 ICAR SpA
2.17.1 ICAR SpA Details
2.17.2 ICAR SpA Major Business
2.17.3 ICAR SpA Power Factor Correction Devices Product and Solutions
2.17.4 ICAR SpA Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 ICAR SpA Recent Developments and Future Plans
2.18 FRAKO
2.18.1 FRAKO Details
2.18.2 FRAKO Major Business
2.18.3 FRAKO Power Factor Correction Devices Product and Solutions
2.18.4 FRAKO Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 FRAKO Recent Developments and Future Plans
2.19 AF Switchgear
2.19.1 AF Switchgear Details
2.19.2 AF Switchgear Major Business
2.19.3 AF Switchgear Power Factor Correction Devices Product and Solutions
2.19.4 AF Switchgear Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 AF Switchgear Recent Developments and Future Plans
2.20 LOVATO Electric
2.20.1 LOVATO Electric Details
2.20.2 LOVATO Electric Major Business
2.20.3 LOVATO Electric Power Factor Correction Devices Product and Solutions
2.20.4 LOVATO Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 LOVATO Electric Recent Developments and Future Plans
2.21 WEG
2.21.1 WEG Details
2.21.2 WEG Major Business
2.21.3 WEG Power Factor Correction Devices Product and Solutions
2.21.4 WEG Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.21.5 WEG Recent Developments and Future Plans
2.22 Johnson & Phillips
2.22.1 Johnson & Phillips Details
2.22.2 Johnson & Phillips Major Business
2.22.3 Johnson & Phillips Power Factor Correction Devices Product and Solutions
2.22.4 Johnson & Phillips Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.22.5 Johnson & Phillips Recent Developments and Future Plans
2.23 COMAR Condensatori SpA
2.23.1 COMAR Condensatori SpA Details
2.23.2 COMAR Condensatori SpA Major Business
2.23.3 COMAR Condensatori SpA Power Factor Correction Devices Product and Solutions
2.23.4 COMAR Condensatori SpA Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.23.5 COMAR Condensatori SpA Recent Developments and Future Plans
2.24 Power Capacitors Ltd
2.24.1 Power Capacitors Ltd Details
2.24.2 Power Capacitors Ltd Major Business
2.24.3 Power Capacitors Ltd Power Factor Correction Devices Product and Solutions
2.24.4 Power Capacitors Ltd Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.24.5 Power Capacitors Ltd Recent Developments and Future Plans
2.25 Ampcontrol
2.25.1 Ampcontrol Details
2.25.2 Ampcontrol Major Business
2.25.3 Ampcontrol Power Factor Correction Devices Product and Solutions
2.25.4 Ampcontrol Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.25.5 Ampcontrol Recent Developments and Future Plans
2.26 Fuji Electric
2.26.1 Fuji Electric Details
2.26.2 Fuji Electric Major Business
2.26.3 Fuji Electric Power Factor Correction Devices Product and Solutions
2.26.4 Fuji Electric Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.26.5 Fuji Electric Recent Developments and Future Plans
2.27 Shindengen Electric Manufacturing Co., Ltd.
2.27.1 Shindengen Electric Manufacturing Co., Ltd. Details
2.27.2 Shindengen Electric Manufacturing Co., Ltd. Major Business
2.27.3 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product and Solutions
2.27.4 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.27.5 Shindengen Electric Manufacturing Co., Ltd. Recent Developments and Future Plans
2.28 NICHICON CORPORATION
2.28.1 NICHICON CORPORATION Details
2.28.2 NICHICON CORPORATION Major Business
2.28.3 NICHICON CORPORATION Power Factor Correction Devices Product and Solutions
2.28.4 NICHICON CORPORATION Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.28.5 NICHICON CORPORATION Recent Developments and Future Plans
2.29 KEMET Electronics
2.29.1 KEMET Electronics Details
2.29.2 KEMET Electronics Major Business
2.29.3 KEMET Electronics Power Factor Correction Devices Product and Solutions
2.29.4 KEMET Electronics Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.29.5 KEMET Electronics Recent Developments and Future Plans
2.30 Mitsubishi Electric Corporation
2.30.1 Mitsubishi Electric Corporation Details
2.30.2 Mitsubishi Electric Corporation Major Business
2.30.3 Mitsubishi Electric Corporation Power Factor Correction Devices Product and Solutions
2.30.4 Mitsubishi Electric Corporation Power Factor Correction Devices Revenue, Gross Margin and Market Share (2020-2025)
2.30.5 Mitsubishi Electric Corporation Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Power Factor Correction Devices Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Power Factor Correction Devices by Company Revenue
3.2.2 Top 3 Power Factor Correction Devices Players Market Share in 2024
3.2.3 Top 6 Power Factor Correction Devices Players Market Share in 2024
3.3 Power Factor Correction Devices Market: Overall Company Footprint Analysis
3.3.1 Power Factor Correction Devices Market: Region Footprint
3.3.2 Power Factor Correction Devices Market: Company Product Type Footprint
3.3.3 Power Factor Correction Devices Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Power Factor Correction Devices Consumption Value and Market Share by Type (2020-2025)
4.2 Global Power Factor Correction Devices Market Forecast by Type (2026-2031)

5 Market Size Segment by Application
5.1 Global Power Factor Correction Devices Consumption Value Market Share by Application (2020-2025)
5.2 Global Power Factor Correction Devices Market Forecast by Application (2026-2031)

6 North America
6.1 North America Power Factor Correction Devices Consumption Value by Type (2020-2031)
6.2 North America Power Factor Correction Devices Market Size by Application (2020-2031)
6.3 North America Power Factor Correction Devices Market Size by Country
6.3.1 North America Power Factor Correction Devices Consumption Value by Country (2020-2031)
6.3.2 United States Power Factor Correction Devices Market Size and Forecast (2020-2031)
6.3.3 Canada Power Factor Correction Devices Market Size and Forecast (2020-2031)
6.3.4 Mexico Power Factor Correction Devices Market Size and Forecast (2020-2031)

7 Europe
7.1 Europe Power Factor Correction Devices Consumption Value by Type (2020-2031)
7.2 Europe Power Factor Correction Devices Consumption Value by Application (2020-2031)
7.3 Europe Power Factor Correction Devices Market Size by Country
7.3.1 Europe Power Factor Correction Devices Consumption Value by Country (2020-2031)
7.3.2 Germany Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.3 France Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.5 Russia Power Factor Correction Devices Market Size and Forecast (2020-2031)
7.3.6 Italy Power Factor Correction Devices Market Size and Forecast (2020-2031)

8 Asia-Pacific
8.1 Asia-Pacific Power Factor Correction Devices Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Power Factor Correction Devices Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Power Factor Correction Devices Market Size by Region
8.3.1 Asia-Pacific Power Factor Correction Devices Consumption Value by Region (2020-2031)
8.3.2 China Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.3 Japan Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.4 South Korea Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.5 India Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Power Factor Correction Devices Market Size and Forecast (2020-2031)
8.3.7 Australia Power Factor Correction Devices Market Size and Forecast (2020-2031)

9 South America
9.1 South America Power Factor Correction Devices Consumption Value by Type (2020-2031)
9.2 South America Power Factor Correction Devices Consumption Value by Application (2020-2031)
9.3 South America Power Factor Correction Devices Market Size by Country
9.3.1 South America Power Factor Correction Devices Consumption Value by Country (2020-2031)
9.3.2 Brazil Power Factor Correction Devices Market Size and Forecast (2020-2031)
9.3.3 Argentina Power Factor Correction Devices Market Size and Forecast (2020-2031)

10 Middle East & Africa
10.1 Middle East & Africa Power Factor Correction Devices Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Power Factor Correction Devices Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Power Factor Correction Devices Market Size by Country
10.3.1 Middle East & Africa Power Factor Correction Devices Consumption Value by Country (2020-2031)
10.3.2 Turkey Power Factor Correction Devices Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Power Factor Correction Devices Market Size and Forecast (2020-2031)
10.3.4 UAE Power Factor Correction Devices Market Size and Forecast (2020-2031)

11 Market Dynamics
11.1 Power Factor Correction Devices Market Drivers
11.2 Power Factor Correction Devices Market Restraints
11.3 Power Factor Correction Devices Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Power Factor Correction Devices Industry Chain
12.2 Power Factor Correction Devices Upstream Analysis
12.3 Power Factor Correction Devices Midstream Analysis
12.4 Power Factor Correction Devices Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
btl

Table of Figures

List of Tables
Table 1. Global Power Factor Correction Devices Consumption Value by Type, (USD Million), 2020 & 2024 & 2031
Table 2. Global Power Factor Correction Devices Consumption Value by Application, (USD Million), 2020 & 2024 & 2031
Table 3. Global Power Factor Correction Devices Consumption Value by Region (2020-2025) & (USD Million)
Table 4. Global Power Factor Correction Devices Consumption Value by Region (2026-2031) & (USD Million)
Table 5. ABB Company Information, Head Office, and Major Competitors
Table 6. ABB Major Business
Table 7. ABB Power Factor Correction Devices Product and Solutions
Table 8. ABB Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 9. ABB Recent Developments and Future Plans
Table 10. Schneider Company Information, Head Office, and Major Competitors
Table 11. Schneider Major Business
Table 12. Schneider Power Factor Correction Devices Product and Solutions
Table 13. Schneider Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 14. Schneider Recent Developments and Future Plans
Table 15. Siemens Company Information, Head Office, and Major Competitors
Table 16. Siemens Major Business
Table 17. Siemens Power Factor Correction Devices Product and Solutions
Table 18. Siemens Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 19. Eaton Company Information, Head Office, and Major Competitors
Table 20. Eaton Major Business
Table 21. Eaton Power Factor Correction Devices Product and Solutions
Table 22. Eaton Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 23. Eaton Recent Developments and Future Plans
Table 24. GE Grid Solutions Company Information, Head Office, and Major Competitors
Table 25. GE Grid Solutions Major Business
Table 26. GE Grid Solutions Power Factor Correction Devices Product and Solutions
Table 27. GE Grid Solutions Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 28. GE Grid Solutions Recent Developments and Future Plans
Table 29. NISSIN ELECTRIC Company Information, Head Office, and Major Competitors
Table 30. NISSIN ELECTRIC Major Business
Table 31. NISSIN ELECTRIC Power Factor Correction Devices Product and Solutions
Table 32. NISSIN ELECTRIC Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 33. NISSIN ELECTRIC Recent Developments and Future Plans
Table 34. Guilin Power Capacitor Company Information, Head Office, and Major Competitors
Table 35. Guilin Power Capacitor Major Business
Table 36. Guilin Power Capacitor Power Factor Correction Devices Product and Solutions
Table 37. Guilin Power Capacitor Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 38. Guilin Power Capacitor Recent Developments and Future Plans
Table 39. Hubbell Company Information, Head Office, and Major Competitors
Table 40. Hubbell Major Business
Table 41. Hubbell Power Factor Correction Devices Product and Solutions
Table 42. Hubbell Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 43. Hubbell Recent Developments and Future Plans
Table 44. Xian XD Power Company Information, Head Office, and Major Competitors
Table 45. Xian XD Power Major Business
Table 46. Xian XD Power Power Factor Correction Devices Product and Solutions
Table 47. Xian XD Power Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 48. Xian XD Power Recent Developments and Future Plans
Table 49. Herong Electric Company Information, Head Office, and Major Competitors
Table 50. Herong Electric Major Business
Table 51. Herong Electric Power Factor Correction Devices Product and Solutions
Table 52. Herong Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 53. Herong Electric Recent Developments and Future Plans
Table 54. Shizuki Electric Company Information, Head Office, and Major Competitors
Table 55. Shizuki Electric Major Business
Table 56. Shizuki Electric Power Factor Correction Devices Product and Solutions
Table 57. Shizuki Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 58. Shizuki Electric Recent Developments and Future Plans
Table 59. Sieyuan Electric Company Information, Head Office, and Major Competitors
Table 60. Sieyuan Electric Major Business
Table 61. Sieyuan Electric Power Factor Correction Devices Product and Solutions
Table 62. Sieyuan Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 63. Sieyuan Electric Recent Developments and Future Plans
Table 64. Socomec Company Information, Head Office, and Major Competitors
Table 65. Socomec Major Business
Table 66. Socomec Power Factor Correction Devices Product and Solutions
Table 67. Socomec Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 68. Socomec Recent Developments and Future Plans
Table 69. Rongxin Power Electronic Company Information, Head Office, and Major Competitors
Table 70. Rongxin Power Electronic Major Business
Table 71. Rongxin Power Electronic Power Factor Correction Devices Product and Solutions
Table 72. Rongxin Power Electronic Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 73. Rongxin Power Electronic Recent Developments and Future Plans
Table 74. Ducati Energia Company Information, Head Office, and Major Competitors
Table 75. Ducati Energia Major Business
Table 76. Ducati Energia Power Factor Correction Devices Product and Solutions
Table 77. Ducati Energia Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 78. Ducati Energia Recent Developments and Future Plans
Table 79. Iskra Company Information, Head Office, and Major Competitors
Table 80. Iskra Major Business
Table 81. Iskra Power Factor Correction Devices Product and Solutions
Table 82. Iskra Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 83. Iskra Recent Developments and Future Plans
Table 84. ICAR SpA Company Information, Head Office, and Major Competitors
Table 85. ICAR SpA Major Business
Table 86. ICAR SpA Power Factor Correction Devices Product and Solutions
Table 87. ICAR SpA Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 88. ICAR SpA Recent Developments and Future Plans
Table 89. FRAKO Company Information, Head Office, and Major Competitors
Table 90. FRAKO Major Business
Table 91. FRAKO Power Factor Correction Devices Product and Solutions
Table 92. FRAKO Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 93. FRAKO Recent Developments and Future Plans
Table 94. AF Switchgear Company Information, Head Office, and Major Competitors
Table 95. AF Switchgear Major Business
Table 96. AF Switchgear Power Factor Correction Devices Product and Solutions
Table 97. AF Switchgear Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 98. AF Switchgear Recent Developments and Future Plans
Table 99. LOVATO Electric Company Information, Head Office, and Major Competitors
Table 100. LOVATO Electric Major Business
Table 101. LOVATO Electric Power Factor Correction Devices Product and Solutions
Table 102. LOVATO Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 103. LOVATO Electric Recent Developments and Future Plans
Table 104. WEG Company Information, Head Office, and Major Competitors
Table 105. WEG Major Business
Table 106. WEG Power Factor Correction Devices Product and Solutions
Table 107. WEG Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 108. WEG Recent Developments and Future Plans
Table 109. Johnson & Phillips Company Information, Head Office, and Major Competitors
Table 110. Johnson & Phillips Major Business
Table 111. Johnson & Phillips Power Factor Correction Devices Product and Solutions
Table 112. Johnson & Phillips Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 113. Johnson & Phillips Recent Developments and Future Plans
Table 114. COMAR Condensatori SpA Company Information, Head Office, and Major Competitors
Table 115. COMAR Condensatori SpA Major Business
Table 116. COMAR Condensatori SpA Power Factor Correction Devices Product and Solutions
Table 117. COMAR Condensatori SpA Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 118. COMAR Condensatori SpA Recent Developments and Future Plans
Table 119. Power Capacitors Ltd Company Information, Head Office, and Major Competitors
Table 120. Power Capacitors Ltd Major Business
Table 121. Power Capacitors Ltd Power Factor Correction Devices Product and Solutions
Table 122. Power Capacitors Ltd Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 123. Power Capacitors Ltd Recent Developments and Future Plans
Table 124. Ampcontrol Company Information, Head Office, and Major Competitors
Table 125. Ampcontrol Major Business
Table 126. Ampcontrol Power Factor Correction Devices Product and Solutions
Table 127. Ampcontrol Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 128. Ampcontrol Recent Developments and Future Plans
Table 129. Fuji Electric Company Information, Head Office, and Major Competitors
Table 130. Fuji Electric Major Business
Table 131. Fuji Electric Power Factor Correction Devices Product and Solutions
Table 132. Fuji Electric Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 133. Fuji Electric Recent Developments and Future Plans
Table 134. Shindengen Electric Manufacturing Co., Ltd. Company Information, Head Office, and Major Competitors
Table 135. Shindengen Electric Manufacturing Co., Ltd. Major Business
Table 136. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product and Solutions
Table 137. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 138. Shindengen Electric Manufacturing Co., Ltd. Recent Developments and Future Plans
Table 139. NICHICON CORPORATION Company Information, Head Office, and Major Competitors
Table 140. NICHICON CORPORATION Major Business
Table 141. NICHICON CORPORATION Power Factor Correction Devices Product and Solutions
Table 142. NICHICON CORPORATION Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 143. NICHICON CORPORATION Recent Developments and Future Plans
Table 144. KEMET Electronics Company Information, Head Office, and Major Competitors
Table 145. KEMET Electronics Major Business
Table 146. KEMET Electronics Power Factor Correction Devices Product and Solutions
Table 147. KEMET Electronics Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 148. KEMET Electronics Recent Developments and Future Plans
Table 149. Mitsubishi Electric Corporation Company Information, Head Office, and Major Competitors
Table 150. Mitsubishi Electric Corporation Major Business
Table 151. Mitsubishi Electric Corporation Power Factor Correction Devices Product and Solutions
Table 152. Mitsubishi Electric Corporation Power Factor Correction Devices Revenue (USD Million), Gross Margin and Market Share (2020-2025)
Table 153. Mitsubishi Electric Corporation Recent Developments and Future Plans
Table 154. Global Power Factor Correction Devices Revenue (USD Million) by Players (2020-2025)
Table 155. Global Power Factor Correction Devices Revenue Share by Players (2020-2025)
Table 156. Breakdown of Power Factor Correction Devices by Company Type (Tier 1, Tier 2, and Tier 3)
Table 157. Market Position of Players in Power Factor Correction Devices, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2024
Table 158. Head Office of Key Power Factor Correction Devices Players
Table 159. Power Factor Correction Devices Market: Company Product Type Footprint
Table 160. Power Factor Correction Devices Market: Company Product Application Footprint
Table 161. Power Factor Correction Devices New Market Entrants and Barriers to Market Entry
Table 162. Power Factor Correction Devices Mergers, Acquisition, Agreements, and Collaborations
Table 163. Global Power Factor Correction Devices Consumption Value (USD Million) by Type (2020-2025)
Table 164. Global Power Factor Correction Devices Consumption Value Share by Type (2020-2025)
Table 165. Global Power Factor Correction Devices Consumption Value Forecast by Type (2026-2031)
Table 166. Global Power Factor Correction Devices Consumption Value by Application (2020-2025)
Table 167. Global Power Factor Correction Devices Consumption Value Forecast by Application (2026-2031)
Table 168. North America Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 169. North America Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 170. North America Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 171. North America Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 172. North America Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 173. North America Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 174. Europe Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 175. Europe Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 176. Europe Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 177. Europe Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 178. Europe Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 179. Europe Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 180. Asia-Pacific Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 181. Asia-Pacific Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 182. Asia-Pacific Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 183. Asia-Pacific Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 184. Asia-Pacific Power Factor Correction Devices Consumption Value by Region (2020-2025) & (USD Million)
Table 185. Asia-Pacific Power Factor Correction Devices Consumption Value by Region (2026-2031) & (USD Million)
Table 186. South America Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 187. South America Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 188. South America Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 189. South America Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 190. South America Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 191. South America Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 192. Middle East & Africa Power Factor Correction Devices Consumption Value by Type (2020-2025) & (USD Million)
Table 193. Middle East & Africa Power Factor Correction Devices Consumption Value by Type (2026-2031) & (USD Million)
Table 194. Middle East & Africa Power Factor Correction Devices Consumption Value by Application (2020-2025) & (USD Million)
Table 195. Middle East & Africa Power Factor Correction Devices Consumption Value by Application (2026-2031) & (USD Million)
Table 196. Middle East & Africa Power Factor Correction Devices Consumption Value by Country (2020-2025) & (USD Million)
Table 197. Middle East & Africa Power Factor Correction Devices Consumption Value by Country (2026-2031) & (USD Million)
Table 198. Global Key Players of Power Factor Correction Devices Upstream (Raw Materials)
Table 199. Global Power Factor Correction Devices Typical Customers


List of Figures
Figure 1. Power Factor Correction Devices Picture
Figure 2. Global Power Factor Correction Devices Consumption Value by Type, (USD Million), 2020 & 2024 & 2031
Figure 3. Global Power Factor Correction Devices Consumption Value Market Share by Type in 2024
Figure 4. Power Capacitor
Figure 5. AC Reactor
Figure 6. Active Power Filter
Figure 7. Others
Figure 8. Global Power Factor Correction Devices Consumption Value by Application, (USD Million), 2020 & 2024 & 2031
Figure 9. Power Factor Correction Devices Consumption Value Market Share by Application in 2024
Figure 10. Commercial Utility Picture
Figure 11. Industrial Utility Picture
Figure 12. Public Power Supply Picture
Figure 13. Global Power Factor Correction Devices Consumption Value, (USD Million): 2020 & 2024 & 2031
Figure 14. Global Power Factor Correction Devices Consumption Value and Forecast (2020-2031) & (USD Million)
Figure 15. Global Market Power Factor Correction Devices Consumption Value (USD Million) Comparison by Region (2020 VS 2024 VS 2031)
Figure 16. Global Power Factor Correction Devices Consumption Value Market Share by Region (2020-2031)
Figure 17. Global Power Factor Correction Devices Consumption Value Market Share by Region in 2024
Figure 18. North America Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 19. Europe Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 20. Asia-Pacific Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 21. South America Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 22. Middle East & Africa Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 23. Company Three Recent Developments and Future Plans
Figure 24. Global Power Factor Correction Devices Revenue Share by Players in 2024
Figure 25. Power Factor Correction Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3) in 2024
Figure 26. Market Share of Power Factor Correction Devices by Player Revenue in 2024
Figure 27. Top 3 Power Factor Correction Devices Players Market Share in 2024
Figure 28. Top 6 Power Factor Correction Devices Players Market Share in 2024
Figure 29. Global Power Factor Correction Devices Consumption Value Share by Type (2020-2025)
Figure 30. Global Power Factor Correction Devices Market Share Forecast by Type (2026-2031)
Figure 31. Global Power Factor Correction Devices Consumption Value Share by Application (2020-2025)
Figure 32. Global Power Factor Correction Devices Market Share Forecast by Application (2026-2031)
Figure 33. North America Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 34. North America Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 35. North America Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 36. United States Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 37. Canada Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 38. Mexico Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 39. Europe Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 40. Europe Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 41. Europe Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 42. Germany Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 43. France Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 44. United Kingdom Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 45. Russia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 46. Italy Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 47. Asia-Pacific Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 48. Asia-Pacific Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 49. Asia-Pacific Power Factor Correction Devices Consumption Value Market Share by Region (2020-2031)
Figure 50. China Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 51. Japan Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 52. South Korea Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 53. India Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 54. Southeast Asia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 55. Australia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 56. South America Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 57. South America Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 58. South America Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 59. Brazil Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 60. Argentina Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 61. Middle East & Africa Power Factor Correction Devices Consumption Value Market Share by Type (2020-2031)
Figure 62. Middle East & Africa Power Factor Correction Devices Consumption Value Market Share by Application (2020-2031)
Figure 63. Middle East & Africa Power Factor Correction Devices Consumption Value Market Share by Country (2020-2031)
Figure 64. Turkey Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 65. Saudi Arabia Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 66. UAE Power Factor Correction Devices Consumption Value (2020-2031) & (USD Million)
Figure 67. Power Factor Correction Devices Market Drivers
Figure 68. Power Factor Correction Devices Market Restraints
Figure 69. Power Factor Correction Devices Market Trends
Figure 70. Porters Five Forces Analysis
Figure 71. Power Factor Correction Devices Industrial Chain
Figure 72. Methodology
Figure 73. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

ABB
Schneider
Siemens
Eaton
GE Grid Solutions
NISSIN ELECTRIC
Guilin Power Capacitor
Hubbell
Xian XD Power
Herong Electric
Shizuki Electric
Sieyuan Electric
Socomec
Rongxin Power Electronic
Ducati Energia
Iskra
ICAR SpA
FRAKO
AF Switchgear
LOVATO Electric
WEG
Johnson & Phillips
COMAR Condensatori SpA
Power Capacitors Ltd
Ampcontrol
Fuji Electric
Shindengen Electric Manufacturing Co., Ltd.
NICHICON CORPORATION
KEMET Electronics
Mitsubishi Electric Corporation
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