Product Code: ETC4523326 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The power quality equipment market in Iraq is witnessing growth driven by the increasing awareness of power quality issues and the need for voltage regulation, harmonic mitigation, and power factor correction. With the growing deployment of sensitive electronic devices and the expansion of renewable energy integration, there is a rising demand for power quality solutions across various industries.
The Iraq Power Quality Equipment Market is experiencing steady growth, driven by several factors. One key driver is the increasing awareness among utilities, industries, and commercial entities about the importance of power quality for efficient and reliable operation of electrical equipment. Power quality equipment, such as voltage regulators, harmonic filters, and surge protectors, helps mitigate voltage fluctuations, harmonics, and transient disturbances that can affect equipment performance and lifespan. Moreover, the expansion of renewable energy integration and the electrification of various sectors are driving the demand for power quality solutions capable of maintaining grid stability and reliability. Additionally, regulatory mandates and standards for power quality are fueling market growth in Iraq.
The Iraq Power Quality Equipment Market faces several challenges that hinder its effectiveness and adoption. One significant obstacle is the prevalence of poor power quality issues such as voltage fluctuations, harmonics, and voltage sags, which can damage electrical equipment and disrupt operations in various industries. Despite the detrimental impact of poor power quality, there is a lack of awareness among end-users regarding the importance of investing in power quality equipment and solutions. Moreover, the market contends with limited availability of high-quality power quality products and services, as well as regulatory barriers and bureaucratic hurdles that impede market entry and competition.
In Iraq, the government has instituted policies to improve the quality and reliability of electricity supply through the deployment of power quality equipment. These policies include incentives for utilities and industries to invest in equipment such as voltage regulators, power conditioners, and harmonic filters to mitigate power disturbances and enhance system stability. Moreover, the government has implemented regulations to establish standards for power quality monitoring and compliance, as well as guidelines for equipment testing and certification.
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 Iraq Power Quality Equipment Market Overview |
3.1 Iraq Country Macro Economic Indicators |
3.2 Iraq Power Quality Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Iraq Power Quality Equipment Market - Industry Life Cycle |
3.4 Iraq Power Quality Equipment Market - Porter's Five Forces |
3.5 Iraq Power Quality Equipment Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.6 Iraq Power Quality Equipment Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Iraq Power Quality Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Iraq Power Quality Equipment Market Trends |
6 Iraq Power Quality Equipment Market, By Types |
6.1 Iraq Power Quality Equipment Market, By Equipment |
6.1.1 Overview and Analysis |
6.1.2 Iraq Power Quality Equipment Market Revenues & Volume, By Equipment, 2021-2031F |
6.1.3 Iraq Power Quality Equipment Market Revenues & Volume, By UPS, 2021-2031F |
6.1.4 Iraq Power Quality Equipment Market Revenues & Volume, By Harmonic Filters, 2021-2031F |
6.1.5 Iraq Power Quality Equipment Market Revenues & Volume, By Surge Protection Devices, 2021-2031F |
6.1.6 Iraq Power Quality Equipment Market Revenues & Volume, By Voltage Regulators, 2021-2031F |
6.1.7 Iraq Power Quality Equipment Market Revenues & Volume, By Static VAR compensators, 2021-2031F |
6.1.8 Iraq Power Quality Equipment Market Revenues & Volume, By Power Quality Meters, 2021-2031F |
6.2 Iraq Power Quality Equipment Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Iraq Power Quality Equipment Market Revenues & Volume, By Single , 2021-2031F |
6.2.3 Iraq Power Quality Equipment Market Revenues & Volume, By Three Phase, 2021-2031F |
7 Iraq Power Quality Equipment Market Import-Export Trade Statistics |
7.1 Iraq Power Quality Equipment Market Export to Major Countries |
7.2 Iraq Power Quality Equipment Market Imports from Major Countries |
8 Iraq Power Quality Equipment Market Key Performance Indicators |
9 Iraq Power Quality Equipment Market - Opportunity Assessment |
9.1 Iraq Power Quality Equipment Market Opportunity Assessment, By Equipment, 2021 & 2031F |
9.2 Iraq Power Quality Equipment Market Opportunity Assessment, By Phase, 2021 & 2031F |
10 Iraq Power Quality Equipment Market - Competitive Landscape |
10.1 Iraq Power Quality Equipment Market Revenue Share, By Companies, 2024 |
10.2 Iraq Power Quality Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |