Power Quality Equipment Market Size, Share, and Industry Analysis By Equipment (Uninterruptible Power Supply (UPS), Voltage Regulators, Surge Protection Devices, Power Conditioners, Power Quality Analyzers, Harmonic Filters, and Static VAR Compensators), By Phase (Single Phase and Three Phase), By End Users (Industrial & Manufacturing, Commercial, Residential, Utilities, IT & Telecommunications, Healthcare, and Others), and Regional Forecast 2026-2034

The global power quality equipment market size was valued at USD 36.53 billion in 2025. The market is projected to grow from USD 38.87 billion in 2026 to USD 63.8 billion by 2034, exhibiting a CAGR of 6.39% during the forecast period.

The global power quality equipment market is growing courtesy of government investments in grid modernization and integration of renewable energy sources. The stunning factor propelling the industry is growing demand for power quality devices to ensure power supplies are made available continuously and efficiently to industries like manufacturing, health care, and data centers. Demand in the industry has evolved due to massive grid modernization efforts for renewables penetration and stricter power quality regulations in the world.

• The U.S. Department of Energy estimates that power quality issues cost U.S. industries approximately USD 150 billion annually in lost productivity and equipment damage.

The market has become robust due to rising industrial automation and digitalization. Due to increased dependence on automated systems and sensitive electronic devices in industrial applications, disruptions or equipment failures could result, thereby requiring high quality power.

Power Quality Equipment Market Driver

Integration of Renewable Energy Sources

Power quality solutions deal with the voltage sag, harmonics, frequency variations, and so on, that may compromise the grid performance mentioned above. Advanced solutions that dynamically restore the required voltages and act as power filters are currently available for proper energy integration. But the rise in renewable energy adoption has corresponded with the call for systems capable of power conditioning and stabilization.

Power Quality Equipment Market Restraint

Trade Tariffs and Rising Costs May Hamper Industry Growth

Reducing the profit margins of producers in this way would compel them to either take the hit themselves or transfer it to the consumers. For small and medium enterprises, high equipment costs also disincentivize investments in power quality solutions. Tariffs, on the other hand, create havoc with supply chains in other locations and defer availability of products for grid modernization.

Power Quality Equipment Market Opportunity

Electric Vehicle (EV) Infrastructure Development to Create New Opportunities

Rapid charging of electric vehicles requires the application of constant voltage and harmonics suppression to avoid disturbances from the grid and to ensure smooth power transfer. However, the demand for state-of-the-art power quality equipment is rising because utility companies and charging network operators increasingly install power quality tools like voltage regulators and energy storage systems as the resources required to sustain grid reliability.

• In 2024, the U.S. Energy Information Administration was said to project that the U.S. would be installing more than half a million new power quality devices, Volta regulators, and harmonic filters included, to solve the problem of grid instability.

Segmentation

Key Insights

The report covers the following key insights:

• Correlation of Productivity and Instability, By Key Countries
• Drivers, Restraints, Trends, and Opportunities
• Growing Focus on Grid Stability, By Key Countries
• Consolidated SWOT Analysis of Key Players
• Key Industry Developments (Mergers, Acquisitions, Partnerships)

Analysis by Equipment Type

By equipment type, the market is divided into Uninterruptible Power Supply (UPS), voltage regulators, surge protection devices, power conditioners, power quality analyzers, harmonic filters, and static VAR compensators.

It guarantees work continuity not only with a strong insurance cover against the data center but also protects operations in healthcare, manufacturing, and industry against outage situations. Consequently, this is the segment that will stake its name to achieve the largest market size based on the unfortunate presence of increasing reliance on digital infrastructure, coupled with a rise in the number of power interruptions.

Voltage regulators stabilize the fluctuating electric supply, making it safe for functioning of electrical equipment in industries and commercial applications. This segment bodes well for a steadily growing line brought on by modernization efforts in improving the electrical grid now paired with an increased automation level and development of renewable energy resources.

Analysis by Phase

Based on phase, the market is subdivided into single phase and three phase.

The single-phase power quality equipment is generally used in homes and small businesses for the steady working of appliances and IT equipment. This segment shall be witnessing steady growth because of urbanization and that of home automation and small business infrastructures.

The major industrial, commercial, and utility applications demand three-phase power quality equipment for their stability and efficient power distribution. The segment is expected to be the leading market driver on account of rapid industrialization, growth in EV charging infrastructure, and investment in smart grids.

Analysis by End User

Based on end user, the market is divided into industrial & manufacturing, commercial, residential, utilities, IT & telecommunications, healthcare, and others.

Power quality equipment has grown in importance today in the industrial sector as it ensures seamless operational work of machines and the longevity of machinery without breakage and cheap equipment failure. This segment would contribute a major share to the entire market due to increasing industrialization and rapid adoption of automation, along with growing demands for stable power at critical points in the manufacturing process.

Commercial space employs power quality solutions to keep operations running and remain open through offices, retail spaces, and data centers. It will expect to observe considerable growth in the forecast period, bolstered by increasing commercial infrastructures, rising IT reliability-required applications, and energy-efficient solutions.

Regional Analysis

Based on geography, the market has been studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

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Power quality equipment in North America will increase due to investments in smart grids, industrial automation, and data centers. There is a quick rebound from the demand in healthcare, IT, and EV infrastructure. In addition, strict power quality legislation and interconnected renewable energy sources could also fuel expansion. This area is supposed to keep a large share of the market, along with slow and steady growth due to technological advancement and infrastructure modernization within the region.

The power quality equipment market in Europe is emerging due to stricter energy efficiency standards, increasing development of renewable energy sources, and the refurbishment of aging power infrastructure. In addition, there is still demand because of a strong industrial base and the growing popularity of electric vehicles. The other dimension that adds to the market growth is government programs aimed at making the grid more stable and sustainable. This is expected to ensure steady growth of this market in the European market owing to green policymaking and industrial initiatives.

The strong demand from the countries like China, India, and Japan in Asia Pacific for power-quality equipment currently stems from growing industrialization, urbanization, and most importantly, the need for electricity. The efforts put into smart grids, renewables, and automation in manufacturing are huge investments by countries in the region. The increased demand is also due to the growing adoption of electric vehicles and the digitalization of infrastructure. The economy and massive infrastructure projects which are expected to elevate the growth index will be the two reasons which would be able to lead Asia Pacific into the market.

Key Players Covered

The report includes the profiles of the following key players:

• ABB Ltd. (Switzerland)
• Schneider Electric (France)
• Eaton Corporation (U.S.)
• Siemens AG (Germany)
• General Electric (U.S.)
• Emerson Electric Co. (U.S.)
• Mitsubishi Electric Corporation (Japan)
• Toshiba Corporation (Japan)
• Legrand (France)
• AMETEK, Inc. (U.S.)

Key Industry Developments

• In February 2025, TE Connectivity announced the acquisition of Richards Manufacturing for approximately USD 2.3 billion.
• In February 2025, BP Energy Partners led a $65 million investment in Smart Wires, a company developing power-flow control systems to help utilities increase grid capacity by redistributing electricity from congested transmission lines.
• In December 2024, ABB agreed to acquire the power electronics business of Siemens Gamesa to enhance its position in the renewable power conversion technology market.