Power Factor Corrector (PFC) Market Size & Share, by Material (Silicon-based, Silicon Carbide-based, Gallium Nitride-based PFC Devices); Type (Active, Passive, Dynamic PFC); Approach (Distributed, Group, Centralized, Combined, Automatic PFC), Application (Residential, Industrial, Commercial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

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Report ID: 3305
Published Date: Dec 21, 2023
Report Format: PDF, PPT

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Companies Dominating the Power Factor Corrector (PFC) Market

Abb Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Eaton Corporation
Schneider Electric
General Electric
NAAC ENERGY CONTROLS
WEG S.A.
Texas Instruments Inc.
TDK Electronics AG
ON Semiconductor Components Industries LLC
STMicroelectronics

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Power Factor Corrector Market Size & Share, Growth Trends 2036

In the News

In March 2021, Schneider Electric announced the launch of the new AccuSine PCSn active harmonic filter for low voltage applications, designed to help customers improve power quality, reduce energy waste and reduce operating costs.
In May 2021, ABB introduced the new PQF800-T reactive power compensation module, designed to help improve power quality and reduce energy consumption in industrial and commercial applications.

Frequently Asked Questions (FAQ)

The growing demand for energy-efficient solutions and; the increasing integration of IoT and cloud computing are some of the major factors anticipated to drive the growth of the power factor corrector market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2024-2036.

The major players in the market are of NAAC ENERGY CONTROLS, WEG S.A., Texas Instruments Inc., TDK Electronics AG, ON Semiconductor Components Industries LLC, STMicroelectronics, and others.

The industrial segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Companies Dominating the Power Factor Corrector (PFC) Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the power factor corrector market?

What would be the CAGR of the power factor corrector market over the forecast period?

Who are the major players dominating the power factor corrector market?

Which segment captures the largest market size in the application in the power factor corrector market?

Which region will provide more business opportunities for the growth of the power factor corrector market in the future?