India Power Quality Equipment Market (2025-2031) Outlook | Value, Analysis, Share, Forecast, Trends, Industry, Revenue, Growth, Companies & Size

Market Forecast By Equipment (UPS, Harmonic Filters, Surge Protection Devices, Voltage Regulators, Static VAR compensators, Power Quality Meters), By Phase (Single , Three Phase) And Competitive Landscape
Product Code: ETC4523305 Publication Date: Jul 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Power Quality Equipment Market Import Shipment Trend (2020-2024)

The India power quality equipment market import shipments displayed a robust expansion from 2020 to 2024, with a notable CAGR of 24.4%. The growth rate further accelerated between 2023 and 2024, reaching 26.9%, indicating a strong momentum and a consistent upward trend in market demand.

Graph Showing India power quality equipment market Shipment Trend & Volume from 2020-2024

India Power Quality Equipment Market Overview

Power quality equipment is essential for maintaining stable and high-quality power supply. The India power quality equipment market is growing as businesses and industries seek to mitigate the impact of power disturbances. This market includes solutions like voltage regulators, power conditioners, and harmonic filters, which help maintain power quality and protect sensitive equipment.

Drivers of the Market

The India Power Quality Equipment market is being driven by the rapidly expanding industrial and commercial sectors. As more industries and businesses rely on sensitive electronic equipment and machinery, the need to maintain a consistent and high-quality power supply is essential. Power quality equipment, such as voltage regulators, harmonic filters, and surge protectors, helps in ensuring a stable power supply, reducing downtime, and safeguarding equipment from electrical disturbances. Additionally, as the use of renewable energy sources grows, maintaining power quality becomes crucial to integrate these intermittent sources smoothly. Stringent regulations and the increasing awareness of the economic losses caused by poor power quality are compelling businesses to invest in power quality solutions, thus boosting market growth.

Challenges of the Market

In the India Power Quality Equipment market, one of the key challenges is the effective management and mitigation of power quality issues. As the demand for cleaner energy sources and sensitive electronic equipment increases, the market must contend with issues such as voltage sags, harmonics, and voltage fluctuations. Additionally, the need for consistent regulatory standards and increased awareness among end-users remains a challenge.

COVID-19 Impact on the Market

The India power quality equipment market had to address the challenges posed by the pandemic, including variations in power demand and voltage fluctuations due to remote work and increased use of digital devices. The importance of power quality became evident as industries and businesses sought to maintain operational stability. Market players adapted by offering advanced power quality solutions, including voltage stabilizers and harmonic filters, to ensure uninterrupted power supply.

Key Players in the Market

Prominent players in the India power quality equipment market include Emerson Electric, Fluke Corporation, and Schneider Electric. They provide equipment and solutions to maintain high-quality power and mitigate disturbances in electrical systems.

Key Highlights of the Report:

  • India Power Quality Equipment Market Outlook
  • Market Size of India Power Quality Equipment Market, 2024
  • Forecast of India Power Quality Equipment Market, 2031
  • Historical Data and Forecast of India Power Quality Equipment Revenues & Volume for the Period 2021-2031
  • India Power Quality Equipment Market Trend Evolution
  • India Power Quality Equipment Market Drivers and Challenges
  • India Power Quality Equipment Price Trends
  • India Power Quality Equipment Porter's Five Forces
  • India Power Quality Equipment Industry Life Cycle
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Equipment for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By UPS for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Harmonic Filters for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Surge Protection Devices for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Voltage Regulators for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Static VAR compensators for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Power Quality Meters for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Phase for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Single for the Period 2021-2031
  • Historical Data and Forecast of India Power Quality Equipment Market Revenues & Volume By Three Phase for the Period 2021-2031
  • India Power Quality Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Equipment
  • Market Opportunity Assessment By Phase
  • India Power Quality Equipment Top Companies Market Share
  • India Power Quality Equipment Competitive Benchmarking By Technical and Operational Parameters
  • India Power Quality Equipment Company Profiles
  • India Power Quality Equipment Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Power Quality Equipment Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Power Quality Equipment Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Power Quality Equipment Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Power Quality Equipment Market Revenues & Volume, 2021 & 2031F

3.3 India Power Quality Equipment Market - Industry Life Cycle

3.4 India Power Quality Equipment Market - Porter's Five Forces

3.5 India Power Quality Equipment Market Revenues & Volume Share, By Equipment, 2021 & 2031F

3.6 India Power Quality Equipment Market Revenues & Volume Share, By Phase, 2021 & 2031F

4 India Power Quality Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for reliable power supply in industries and commercial sectors

4.2.2 Growing investments in renewable energy sources leading to the need for power quality equipment

4.2.3 Government initiatives promoting energy efficiency and power quality improvement

4.3 Market Restraints

4.3.1 High initial investment costs associated with power quality equipment

4.3.2 Lack of awareness about the benefits of power quality equipment among end-users

4.3.3 Challenges in integrating power quality equipment with existing infrastructure

5 India Power Quality Equipment Market Trends

6 India Power Quality Equipment Market, By Types

6.1 India Power Quality Equipment Market, By Equipment

6.1.1 Overview and Analysis

6.1.2 India Power Quality Equipment Market Revenues & Volume, By Equipment, 2021-2031F

6.1.3 India Power Quality Equipment Market Revenues & Volume, By UPS, 2021-2031F

6.1.4 India Power Quality Equipment Market Revenues & Volume, By Harmonic Filters, 2021-2031F

6.1.5 India Power Quality Equipment Market Revenues & Volume, By Surge Protection Devices, 2021-2031F

6.1.6 India Power Quality Equipment Market Revenues & Volume, By Voltage Regulators, 2021-2031F

6.1.7 India Power Quality Equipment Market Revenues & Volume, By Static VAR compensators, 2021-2031F

6.1.8 India Power Quality Equipment Market Revenues & Volume, By Power Quality Meters, 2021-2031F

6.2 India Power Quality Equipment Market, By Phase

6.2.1 Overview and Analysis

6.2.2 India Power Quality Equipment Market Revenues & Volume, By Single , 2021-2031F

6.2.3 India Power Quality Equipment Market Revenues & Volume, By Three Phase, 2021-2031F

7 India Power Quality Equipment Market Import-Export Trade Statistics

7.1 India Power Quality Equipment Market Export to Major Countries

7.2 India Power Quality Equipment Market Imports from Major Countries

8 India Power Quality Equipment Market Key Performance Indicators

8.1 Power outage frequency and duration

8.2 Voltage fluctuations and harmonics levels

8.3 Number of installations of power quality equipment in key industries and sectors

8.4 Energy efficiency improvements achieved through the use of power quality equipment

8.5 Percentage of downtime reduction in critical operations due to the implementation of power quality solutions

9 India Power Quality Equipment Market - Opportunity Assessment

9.1 India Power Quality Equipment Market Opportunity Assessment, By Equipment, 2021 & 2031F

9.2 India Power Quality Equipment Market Opportunity Assessment, By Phase, 2021 & 2031F

10 India Power Quality Equipment Market - Competitive Landscape

10.1 India Power Quality Equipment Market Revenue Share, By Companies, 2024

10.2 India Power Quality Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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