Global Power Factor Correction Devices Market Growth (Status and Outlook) 2024-2030

The global Power Factor Correction Devices market size is projected to grow from US$ 7260 million in 2024 to US$ 9891 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

Power-factor correction increases the power factor of a load, improving efficiency for the distribution system to which it is attached. Linear loads with low power factor (such as induction motors) can be corrected with a passive network of capacitors or inductors. Non-linear loads, such as rectifiers, distort the current drawn from the system. In such cases, active or passive power factor correction may be used to counteract the distortion and raise the power factor. The devices for correction of the power factor may be at a central substation, spread out over a distribution system, or built into power-consuming equipment.

Global Power Factor Correction Devices main players are ABB, Schneider, Siemens, Eaton, etc. Global top four manufacturers hold a share nearly 40%. Asia-Pacific is the largest market, with a share above 50%.

With the global emphasis on energy conservation, emission reduction and sustainable development, governments of various countries have introduced strict energy efficiency standards and energy-saving policies. These policies have driven the demand for high-efficiency equipment. Many countries and regions have implemented mandatory energy efficiency standards, such as the EU's ErP directive and the US's ENERGY STAR certification. These regulations require that electrical equipment must meet a certain power factor, otherwise they will face fines or sales bans. In developed countries, the existing old power systems need to be gradually replaced with more efficient and reliable PFC devices to meet new energy efficiency standards and user needs. As investment in power infrastructure continues to increase in developing countries and regions, the demand for PFC devices has also increased. Especially in Asia, Africa and Latin America, power system upgrades and expansions provide huge market opportunities for PFC devices.

LPI (LP Information)' newest research report, the “Power Factor Correction Devices Industry Forecast” looks at past sales and reviews total world Power Factor Correction Devices sales in 2023, providing a comprehensive analysis by region and market sector of projected Power Factor Correction Devices sales for 2024 through 2030. With Power Factor Correction Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Factor Correction Devices industry.

This Insight Report provides a comprehensive analysis of the global Power Factor Correction Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power Factor Correction Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Factor Correction Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Factor Correction Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Factor Correction Devices.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Factor Correction Devices market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Power Capacitor
    AC Reactor
    Active Power Filter
    Others

Segmentation by Application:
    Commercial Utility
    Industrial Utility
    Public Power Supply

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Power Capacitor
    AC Reactor
    Active Power Filter
    Others

Segmentation by Application:
    Commercial Utility
    Industrial Utility
    Public Power Supply

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    ABB
    Schneider
    Siemens
    Eaton
    GE Grid Solutions
    NISSIN ELECTRIC
    Guilin Power Capacitor
    Hubbell
    Xian XD Power
    Herong Electric
    Shizuki Electric
    Sieyuan Electric
    Socomec
    Rongxin Power Electronic
    Ducati Energia
    Iskra
    ICAR SpA
    FRAKO
    AF Switchgear
    LOVATO Electric
    WEG
    Johnson & Phillips
    COMAR Condensatori SpA
    Power Capacitors Ltd
    Ampcontrol
    Fuji Electric
    Shindengen Electric Manufacturing Co., Ltd.
    NICHICON CORPORATION
    KEMET Electronics
    Mitsubishi Electric Corporation

List of Tables
 Table 1. Power Factor Correction Devices Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ millions)
 Table 2. Power Factor Correction Devices Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions)
 Table 3. Major Players of Power Capacitor
 Table 4. Major Players of AC Reactor
 Table 5. Major Players of Active Power Filter
 Table 6. Major Players of Others
 Table 7. Power Factor Correction Devices Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ millions)
 Table 8. Global Power Factor Correction Devices Market Size by Type (2019-2024) & ($ millions)
 Table 9. Global Power Factor Correction Devices Market Size Market Share by Type (2019-2024)
 Table 10. Power Factor Correction Devices Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ millions)
 Table 11. Global Power Factor Correction Devices Market Size by Application (2019-2024) & ($ millions)
 Table 12. Global Power Factor Correction Devices Market Size Market Share by Application (2019-2024)
 Table 13. Global Power Factor Correction Devices Revenue by Player (2019-2024) & ($ millions)
 Table 14. Global Power Factor Correction Devices Revenue Market Share by Player (2019-2024)
 Table 15. Power Factor Correction Devices Key Players Head office and Products Offered
 Table 16. Power Factor Correction Devices Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
 Table 17. New Products and Potential Entrants
 Table 18. Mergers & Acquisitions, Expansion
 Table 19. Global Power Factor Correction Devices Market Size by Region (2019-2024) & ($ millions)
 Table 20. Global Power Factor Correction Devices Market Size Market Share by Region (2019-2024)
 Table 21. Global Power Factor Correction Devices Revenue by Country/Region (2019-2024) & ($ millions)
 Table 22. Global Power Factor Correction Devices Revenue Market Share by Country/Region (2019-2024)
 Table 23. Americas Power Factor Correction Devices Market Size by Country (2019-2024) & ($ millions)
 Table 24. Americas Power Factor Correction Devices Market Size Market Share by Country (2019-2024)
 Table 25. Americas Power Factor Correction Devices Market Size by Type (2019-2024) & ($ millions)
 Table 26. Americas Power Factor Correction Devices Market Size Market Share by Type (2019-2024)
 Table 27. Americas Power Factor Correction Devices Market Size by Application (2019-2024) & ($ millions)
 Table 28. Americas Power Factor Correction Devices Market Size Market Share by Application (2019-2024)
 Table 29. APAC Power Factor Correction Devices Market Size by Region (2019-2024) & ($ millions)
 Table 30. APAC Power Factor Correction Devices Market Size Market Share by Region (2019-2024)
 Table 31. APAC Power Factor Correction Devices Market Size by Type (2019-2024) & ($ millions)
 Table 32. APAC Power Factor Correction Devices Market Size by Application (2019-2024) & ($ millions)
 Table 33. Europe Power Factor Correction Devices Market Size by Country (2019-2024) & ($ millions)
 Table 34. Europe Power Factor Correction Devices Market Size Market Share by Country (2019-2024)
 Table 35. Europe Power Factor Correction Devices Market Size by Type (2019-2024) & ($ millions)
 Table 36. Europe Power Factor Correction Devices Market Size by Application (2019-2024) & ($ millions)
 Table 37. Middle East & Africa Power Factor Correction Devices Market Size by Region (2019-2024) & ($ millions)
 Table 38. Middle East & Africa Power Factor Correction Devices Market Size by Type (2019-2024) & ($ millions)
 Table 39. Middle East & Africa Power Factor Correction Devices Market Size by Application (2019-2024) & ($ millions)
 Table 40. Key Market Drivers & Growth Opportunities of Power Factor Correction Devices
 Table 41. Key Market Challenges & Risks of Power Factor Correction Devices
 Table 42. Key Industry Trends of Power Factor Correction Devices
 Table 43. Global Power Factor Correction Devices Market Size Forecast by Region (2025-2030) & ($ millions)
 Table 44. Global Power Factor Correction Devices Market Size Market Share Forecast by Region (2025-2030)
 Table 45. Global Power Factor Correction Devices Market Size Forecast by Type (2025-2030) & ($ millions)
 Table 46. Global Power Factor Correction Devices Market Size Forecast by Application (2025-2030) & ($ millions)
 Table 47. ABB Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 48. ABB Power Factor Correction Devices Product Offered
 Table 49. ABB Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 50. ABB Main Business
 Table 51. ABB Latest Developments
 Table 52. Schneider Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 53. Schneider Power Factor Correction Devices Product Offered
 Table 54. Schneider Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 55. Schneider Main Business
 Table 56. Schneider Latest Developments
 Table 57. Siemens Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 58. Siemens Power Factor Correction Devices Product Offered
 Table 59. Siemens Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 60. Siemens Main Business
 Table 61. Siemens Latest Developments
 Table 62. Eaton Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 63. Eaton Power Factor Correction Devices Product Offered
 Table 64. Eaton Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 65. Eaton Main Business
 Table 66. Eaton Latest Developments
 Table 67. GE Grid Solutions Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 68. GE Grid Solutions Power Factor Correction Devices Product Offered
 Table 69. GE Grid Solutions Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 70. GE Grid Solutions Main Business
 Table 71. GE Grid Solutions Latest Developments
 Table 72. NISSIN ELECTRIC Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 73. NISSIN ELECTRIC Power Factor Correction Devices Product Offered
 Table 74. NISSIN ELECTRIC Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 75. NISSIN ELECTRIC Main Business
 Table 76. NISSIN ELECTRIC Latest Developments
 Table 77. Guilin Power Capacitor Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 78. Guilin Power Capacitor Power Factor Correction Devices Product Offered
 Table 79. Guilin Power Capacitor Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 80. Guilin Power Capacitor Main Business
 Table 81. Guilin Power Capacitor Latest Developments
 Table 82. Hubbell Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 83. Hubbell Power Factor Correction Devices Product Offered
 Table 84. Hubbell Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 85. Hubbell Main Business
 Table 86. Hubbell Latest Developments
 Table 87. Xian XD Power Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 88. Xian XD Power Power Factor Correction Devices Product Offered
 Table 89. Xian XD Power Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 90. Xian XD Power Main Business
 Table 91. Xian XD Power Latest Developments
 Table 92. Herong Electric Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 93. Herong Electric Power Factor Correction Devices Product Offered
 Table 94. Herong Electric Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 95. Herong Electric Main Business
 Table 96. Herong Electric Latest Developments
 Table 97. Shizuki Electric Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 98. Shizuki Electric Power Factor Correction Devices Product Offered
 Table 99. Shizuki Electric Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 100. Shizuki Electric Main Business
 Table 101. Shizuki Electric Latest Developments
 Table 102. Sieyuan Electric Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 103. Sieyuan Electric Power Factor Correction Devices Product Offered
 Table 104. Sieyuan Electric Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 105. Sieyuan Electric Main Business
 Table 106. Sieyuan Electric Latest Developments
 Table 107. Socomec Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 108. Socomec Power Factor Correction Devices Product Offered
 Table 109. Socomec Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 110. Socomec Main Business
 Table 111. Socomec Latest Developments
 Table 112. Rongxin Power Electronic Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 113. Rongxin Power Electronic Power Factor Correction Devices Product Offered
 Table 114. Rongxin Power Electronic Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 115. Rongxin Power Electronic Main Business
 Table 116. Rongxin Power Electronic Latest Developments
 Table 117. Ducati Energia Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 118. Ducati Energia Power Factor Correction Devices Product Offered
 Table 119. Ducati Energia Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 120. Ducati Energia Main Business
 Table 121. Ducati Energia Latest Developments
 Table 122. Iskra Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 123. Iskra Power Factor Correction Devices Product Offered
 Table 124. Iskra Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 125. Iskra Main Business
 Table 126. Iskra Latest Developments
 Table 127. ICAR SpA Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 128. ICAR SpA Power Factor Correction Devices Product Offered
 Table 129. ICAR SpA Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 130. ICAR SpA Main Business
 Table 131. ICAR SpA Latest Developments
 Table 132. FRAKO Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 133. FRAKO Power Factor Correction Devices Product Offered
 Table 134. FRAKO Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 135. FRAKO Main Business
 Table 136. FRAKO Latest Developments
 Table 137. AF Switchgear Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 138. AF Switchgear Power Factor Correction Devices Product Offered
 Table 139. AF Switchgear Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 140. AF Switchgear Main Business
 Table 141. AF Switchgear Latest Developments
 Table 142. LOVATO Electric Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 143. LOVATO Electric Power Factor Correction Devices Product Offered
 Table 144. LOVATO Electric Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 145. LOVATO Electric Main Business
 Table 146. LOVATO Electric Latest Developments
 Table 147. WEG Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 148. WEG Power Factor Correction Devices Product Offered
 Table 149. WEG Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 150. WEG Main Business
 Table 151. WEG Latest Developments
 Table 152. Johnson & Phillips Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 153. Johnson & Phillips Power Factor Correction Devices Product Offered
 Table 154. Johnson & Phillips Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 155. Johnson & Phillips Main Business
 Table 156. Johnson & Phillips Latest Developments
 Table 157. COMAR Condensatori SpA Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 158. COMAR Condensatori SpA Power Factor Correction Devices Product Offered
 Table 159. COMAR Condensatori SpA Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 160. COMAR Condensatori SpA Main Business
 Table 161. COMAR Condensatori SpA Latest Developments
 Table 162. Power Capacitors Ltd Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 163. Power Capacitors Ltd Power Factor Correction Devices Product Offered
 Table 164. Power Capacitors Ltd Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 165. Power Capacitors Ltd Main Business
 Table 166. Power Capacitors Ltd Latest Developments
 Table 167. Ampcontrol Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 168. Ampcontrol Power Factor Correction Devices Product Offered
 Table 169. Ampcontrol Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 170. Ampcontrol Main Business
 Table 171. Ampcontrol Latest Developments
 Table 172. Fuji Electric Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 173. Fuji Electric Power Factor Correction Devices Product Offered
 Table 174. Fuji Electric Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 175. Fuji Electric Main Business
 Table 176. Fuji Electric Latest Developments
 Table 177. Shindengen Electric Manufacturing Co., Ltd. Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 178. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product Offered
 Table 179. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 180. Shindengen Electric Manufacturing Co., Ltd. Main Business
 Table 181. Shindengen Electric Manufacturing Co., Ltd. Latest Developments
 Table 182. NICHICON CORPORATION Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 183. NICHICON CORPORATION Power Factor Correction Devices Product Offered
 Table 184. NICHICON CORPORATION Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 185. NICHICON CORPORATION Main Business
 Table 186. NICHICON CORPORATION Latest Developments
 Table 187. KEMET Electronics Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 188. KEMET Electronics Power Factor Correction Devices Product Offered
 Table 189. KEMET Electronics Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 190. KEMET Electronics Main Business
 Table 191. KEMET Electronics Latest Developments
 Table 192. Mitsubishi Electric Corporation Details, Company Type, Power Factor Correction Devices Area Served and Its Competitors
 Table 193. Mitsubishi Electric Corporation Power Factor Correction Devices Product Offered
 Table 194. Mitsubishi Electric Corporation Power Factor Correction Devices Revenue ($ million), Gross Margin and Market Share (2019-2024)
 Table 195. Mitsubishi Electric Corporation Main Business
 Table 196. Mitsubishi Electric Corporation Latest Developments


List of Figures
 Figure 1. Power Factor Correction Devices Report Years Considered
 Figure 2. Research Objectives
 Figure 3. Research Methodology
 Figure 4. Research Process and Data Source
 Figure 5. Global Power Factor Correction Devices Market Size Growth Rate 2019-2030 ($ millions)
 Figure 6. Power Factor Correction Devices Sales by Geographic Region (2019, 2023 & 2030) & ($ millions)
 Figure 7. Power Factor Correction Devices Sales Market Share by Country/Region (2023)
 Figure 8. Power Factor Correction Devices Sales Market Share by Country/Region (2019, 2023 & 2030)
 Figure 9. Global Power Factor Correction Devices Market Size Market Share by Type in 2023
 Figure 10. Power Factor Correction Devices in Commercial Utility
 Figure 11. Global Power Factor Correction Devices Market: Commercial Utility (2019-2024) & ($ millions)
 Figure 12. Power Factor Correction Devices in Industrial Utility
 Figure 13. Global Power Factor Correction Devices Market: Industrial Utility (2019-2024) & ($ millions)
 Figure 14. Power Factor Correction Devices in Public Power Supply
 Figure 15. Global Power Factor Correction Devices Market: Public Power Supply (2019-2024) & ($ millions)
 Figure 16. Global Power Factor Correction Devices Market Size Market Share by Application in 2023
 Figure 17. Global Power Factor Correction Devices Revenue Market Share by Player in 2023
 Figure 18. Global Power Factor Correction Devices Market Size Market Share by Region (2019-2024)
 Figure 19. Americas Power Factor Correction Devices Market Size 2019-2024 ($ millions)
 Figure 20. APAC Power Factor Correction Devices Market Size 2019-2024 ($ millions)
 Figure 21. Europe Power Factor Correction Devices Market Size 2019-2024 ($ millions)
 Figure 22. Middle East & Africa Power Factor Correction Devices Market Size 2019-2024 ($ millions)
 Figure 23. Americas Power Factor Correction Devices Value Market Share by Country in 2023
 Figure 24. United States Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 25. Canada Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 26. Mexico Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 27. Brazil Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 28. APAC Power Factor Correction Devices Market Size Market Share by Region in 2023
 Figure 29. APAC Power Factor Correction Devices Market Size Market Share by Type (2019-2024)
 Figure 30. APAC Power Factor Correction Devices Market Size Market Share by Application (2019-2024)
 Figure 31. China Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 32. Japan Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 33. South Korea Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 34. Southeast Asia Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 35. India Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 36. Australia Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 37. Europe Power Factor Correction Devices Market Size Market Share by Country in 2023
 Figure 38. Europe Power Factor Correction Devices Market Size Market Share by Type (2019-2024)
 Figure 39. Europe Power Factor Correction Devices Market Size Market Share by Application (2019-2024)
 Figure 40. Germany Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 41. France Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 42. UK Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 43. Italy Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 44. Russia Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 45. Middle East & Africa Power Factor Correction Devices Market Size Market Share by Region (2019-2024)
 Figure 46. Middle East & Africa Power Factor Correction Devices Market Size Market Share by Type (2019-2024)
 Figure 47. Middle East & Africa Power Factor Correction Devices Market Size Market Share by Application (2019-2024)
 Figure 48. Egypt Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 49. South Africa Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 50. Israel Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 51. Turkey Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 52. GCC Countries Power Factor Correction Devices Market Size Growth 2019-2024 ($ millions)
 Figure 53. Americas Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 54. APAC Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 55. Europe Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 56. Middle East & Africa Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 57. United States Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 58. Canada Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 59. Mexico Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 60. Brazil Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 61. China Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 62. Japan Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 63. Korea Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 64. Southeast Asia Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 65. India Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 66. Australia Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 67. Germany Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 68. France Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 69. UK Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 70. Italy Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 71. Russia Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 72. Egypt Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 73. South Africa Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 74. Israel Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 75. Turkey Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 76. GCC Countries Power Factor Correction Devices Market Size 2025-2030 ($ millions)
 Figure 77. Global Power Factor Correction Devices Market Size Market Share Forecast by Type (2025-2030)
 Figure 78. Global Power Factor Correction Devices Market Size Market Share Forecast by Application (2025-2030)

ABB
Schneider
Siemens
Eaton
GE Grid Solutions
NISSIN ELECTRIC
Guilin Power Capacitor
Hubbell
Xian XD Power
Herong Electric
Shizuki Electric
Sieyuan Electric
Socomec
Rongxin Power Electronic
Ducati Energia
Iskra
ICAR SpA
FRAKO
AF Switchgear
LOVATO Electric
WEG
Johnson & Phillips
COMAR Condensatori SpA
Power Capacitors Ltd
Ampcontrol
Fuji Electric
Shindengen Electric Manufacturing Co., Ltd.
NICHICON CORPORATION
KEMET Electronics
Mitsubishi Electric Corporation

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape