Power Quality Equipment Market

The global power quality equipment market is projected to witness substantial growth, reaching USD 52.47 billion by 2030 from USD 38.19 billion in 2025, at a CAGR of 6.6% during the forecast period. This growth is spurred mostly by increasing industrialization, fast urbanization, growing energy needs, and the adoption of cleaner energy resources. The upgrading of electric grids, particularly in developing economies in the Asian-Pacific and Middle East regions, is fueling the demand for high-end power quality equipment to provide a stable and reliable power supply.

Top Companies in Power Quality Equipment Industry

• ABB (Switzerland), 
• Schneider Electric (France), 
• Siemens (Germany), 
• Eaton (US), 
• General Electric (US) 

are emphasizing product innovation, geographical expansion, and strategic alliances to consolidate their position in the market. These industry players are crafting energy-efficient, smart-grid-suitable, and modular solutions that align with industries' and infrastructures' shifting power distribution demands. Strategic partnerships, mergers, and acquisitions are also key to enhanced market competition.

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ABB

ABB is a world-leading provider of electrification, automation, and digitalization solutions with a dominant presence in the power quality equipment market. The company is a vital component of power distribution systems with a broad array of solutions that guarantee efficient and reliable power transmission in utilities, transportation, automotive, and industrial applications. ABB's power quality products solutions such as busbars, voltage regulators, surge protection devices, and harmonic filters are of high performance and reliability in low and medium voltage applications. Development, manufacturing, and sales of power quality products are carried out by ABB's Electrification business segment, which has incorporated sustainability and energy efficiency in its product range. The corporation is heavily investing in smart grid and renewable energy-based solutions to fulfill the burgeoning requirements for power supply systems based on energy-efficient applications. ABB has an enhanced global presence through its activities across North America, Europe, Asia Pacific, the Middle East, and Africa regions, where principal manufacturing operations, R&D installations, and offices for sale of products have bases in leading economies like the US, Germany, China, and India.

Siemens

Siemens is a global leader in electrification, automation, and digitalization, playing a crucial role in the power quality equipment market with advanced solutions that enhance power efficiency, reliability, and sustainability. The company provides a comprehensive range of power quality solutions, including active harmonic filters, voltage stabilizers, surge protection devices, and power factor correction systems, ensuring optimal power distribution and reduced energy losses across utilities, industrial, commercial, and infrastructure sectors. Siemens operates its power quality equipment business under its Smart Infrastructure segment, which focuses on intelligent and energy-efficient solutions for electrical distribution systems. The company is actively engaged in grid modernization, smart grid integration, and renewable energy adoption, aligning with global trends toward sustainability and energy efficiency. With a strong global footprint, Siemens has a significant presence in North America, Europe, Asia Pacific, the Middle East, and Africa, supported by state-of-the-art manufacturing facilities, R&D centers, and an extensive sales network.

Related Reports:

Power Quality Equipment Market by Equipment (UPS, Harmonic Filters, Surge Protection Devices, Voltage Regulators, Power Conditioner Units, Synchronous Condenser, Power Quality Meters), Phase (Single, Three), End User, Region - Global Forecast to 2030

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