Automatic Power Factor Controller Market Scope
Automatic power factor controllers consist of automatic capacitor recognition and are used for the purpose of the mode of operation and to maintain an ideal power factor under fluctuating load and voltage conditions. These controllers also help in growing the efficiency and decreasing the energy intake by dodging voltage fluctuation and load, this could occur if the power in the device is not assigned optimally. Moreover, these devices come with step switching up/down and step protection features which make these controllers more suitable for the end-user industries.
The market study is being classified by Type (Active Power Factor Controller and Passive Power Factor Controller), by Application (Process Industries and Discrete Industries) and major geographies with country level break-up.
Research Analyst at AMA predicts that Indian and United States Manufacturers will contribute to the maximum growth of Global Automatic Power Factor Controller market throughout the predicted period.
ABB (Switzerland), General Electric (United States), Eaton Corporation (Ireland), Schneider Electric (France), EPCOS AG (Germany), Texas Instruments (United States), Fairchild Semiconductor International (United States), ON Semiconductor (United States), STMicroelectronics (Switzerland) and Crompton Greaves (India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Larsen & Toubro Limited (India), Ab Power System Solution (India), Dynamic Control Systems (India), Havells (India) and REM Electromach (India).
AdvanceMarketAnalytics has segmented the market of Global Automatic Power Factor Controller market by Type, Application and Region.
On the basis of geography, the market of Automatic Power Factor Controller has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component Type, the sub-segment i.e. Relays will boost the Automatic Power Factor Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Installation Type, the sub-segment i.e. Self-Standing APFC Panels will boost the Automatic Power Factor Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Need for Process Automation Globally
- Progression in Industrial Facilities to Improve Energy Efficiency
- Increasing Need for Energy Conservation in Industries and Home Utilities
- Rise in Requirement for Preventing Damage to Electronic Equipment’s
- Growing Investments in Developing Nations in Infrastructure
- High Initial Cost of Installation of Automatic Power Factor Controller Panels for Industrial Verticals
- Issue Related to the Complexity of Designing Circuits
Key Target AudienceAPFC device manufactures, Software developers, Research organizations and consulting companies, Associations, forums, and alliances related to power factor correction and Investors
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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