The power quality equipment market size is expected to increase at a compound annual growth rate of 6.6% from USD 38.19 billion in 2025 to USD 52.47 billion by 2030. The global market for power quality equipment is propelled by the increasing demand for efficient and stable power distribution systems, rising industrialization, and the incorporation of renewable energy resources. The escalating use of smart grids, electric vehicles (EVs), and energy-efficient technology is also accelerating market growth. In addition to that, urbanization, infra modernization, and strict regulatory oversight from governments over power efficiency and grid reliability are compelling the utility companies and industries to spend in advanced power quality equipment like harmonic filters, voltage regulators, and uninterruptible power supplies to guarantee constant and stable supply of power.
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The market for power quality equipment can be divided on the basis of phase type into single-phase and three-phase systems. The three-phase segment is anticipated to dominate the market in terms of market share during the forecast period because it is more efficient, has improved load balancing, and can support higher power loads than single-phase systems. Three-phase power quality equipment is extensively applied in industrial, commercial, and utility sectors, where reliable and stable power distribution is critical. Moreover, the increasing use of renewable energy integration, electric vehicle (EV) charging stations, and smart grids is also contributing to the increased demand for three-phase systems. Their better performance in minimizing power losses, voltage stability, and providing uninterrupted power supply makes them the first choice in high-power applications.
The Asia Pacific power quality equipment market is anticipated to lead the world, fueled by industrialization, urbanization, and rising electricity demand in key economies like China, India, Japan, and South Korea. With ongoing economic growth and infrastructure development, the need for reliable and efficient power distribution systems is on the rise. Diverse sectors such as manufacturing, data centers, utilities, and commercial infrastructure are also investing in power quality equipment to mitigate power fluctuation, voltage imbalance, and harmonics-based problems that would interfere with operations. The high emphasis of the region on smart grids, integration of renewable energy, and industrial automation has increased the use of sophisticated power conditioning solutions, building a dynamic and highly competitive market scenario. Asia Pacific's manufacturing industry is experiencing accelerated growth, most notably in China, India, and Vietnam, where industrial development and automation are fueling demand for stable and efficient power quality equipment. Also, smart city projects in nations like India, Japan, and South Korea are further boosting the demand for un-interrupted and high-quality power distribution, making power conditioning systems, voltage stabilizers, and harmonic filters an imperative necessity. Commercial building construction, data centers, and information technology parks have also contributed to the proliferation of uninterrupted power supply (UPS) systems and voltage regulators, assuring continuous operation and energy savings. The rising digitalization and extensive use of 5G networks are driving the demand for power management solutions among telecommunication companies, further consolidating the market potential for power quality equipment.
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The Asia Pacific region has become a world leader in the use of renewable energy, especially solar and wind power. The intermittent behavior of renewables, however, poses power quality issues including voltage oscillations and frequency changes. China, India, and Australia are spending on grid modernization, which includes the installation of power factor correction equipment, voltage regulators, and smart transformers to improve the efficiency and reliability of energy. Smart grid technologies are being increasingly deployed to counter the effect of variable power inputs from renewable sources, providing a stable power supply. Advanced power quality solutions are used in the industrial sector, such as semiconductors, electronics, pharmaceuticals, and chemical processing, to reduce equipment failures and ensure operational efficiency. Government policies and energy efficiency regulations are significantly influencing the Asia Pacific power quality equipment market. Regulators from all over the world are putting strict regulations in place to reduce wastage of power and enhance industry productivity. As an example, China's National Energy Administration (NEA) and India's Bureau of Energy Efficiency (BEE) have put guidelines for industries to use power factor correction equipment and voltage optimization systems. Energy efficiency campaigns are also causing companies to renew their power management infrastructure so as to conform to changing norms. The growth of smart grids and IoT-based power distribution networks is driving demand for digital power quality solutions like real-time monitoring systems, remote-controlled circuit breakers, and AI-driven energy management platforms. Japan and South Korea are leading the charge in adopting digitally controlled power quality systems for accurate voltage management and minimized power losses.
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