Power Factor Correction Market Players:
- 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
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of power factor correction is evaluated at USD 2.45 billion.
The global power factor correction market size was worth more than USD 2.31 billion in 2025 and is poised to witness a CAGR of over 6.5%, crossing USD 4.34 billion revenue by 2035.
Asia Pacific power factor correction market will dominate over 35% share by 2035, driven by growing demand for electricity, industrialization, and urbanization, alongside increasing infrastructure upgrades in the region.
Key players in the market include of NAAC ENERGY CONTROLS, WEG S.A., Texas Instruments Inc., TDK Electronics AG, ON Semiconductor Components Industries LLC, STMicroelectronics.
