Power Quality Equipment Market Size & Share, by Phase (Three, Single); Installation Type; Power Rating; End use; Power Issue Mitigated; Equipment Type - Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2026-2035

Power Quality Equipment Market - Regional Analysis

APAC Market Insights

The Asia Pacific market is anticipated to garner the highest share of 37.5% by the end of 2035. The market’s upliftment in the region is highly attributed to growth in data centers across Southeast Asia, South Korea, Japan, India, and China, along with an increase in rapid urbanization. In addition, the comprehensive deployments of power electronics, mission-driven uptime demands in electronics and chemicals, and grid digitalization are also driving the market’s growth. According to an article published by the IEA Organization in September 2025, there has been an increase in the electricity demand in Southeast Asia by over 7% as of 2024, which is almost double the international average. Besides, with an approximate 20 TW of wind and solar potential, which is equivalent to nearly 55 times the overall region’s present power capacity is gradually strengthening.

China in the power quality equipment market is growing significantly, owing to the aspect of ongoing grid modernization, along with the outsized manufacturing, electronics, and chemical bases. As per an article published by the State Council Information Office in September 2025, the country constitutes the objective to gain an average yearly increase of more than 5% in the additional value of the chemical and petrochemical industries by the end of 2025. Besides, as per the February 2023 the State Council article, generous investment in chemical raw materials as well as product manufacturing surged to 19% year-over-year (YoY), denoting 7.4% points higher than the average level of all sectors. Additionally, this particular sector continuously improves in the trade structure, with organic chemical export reaching USD 80.7 billion, denoting a rise by 17% YoY basis, thus positively impacting the market’s growth in the country.

India in the market is also growing due to an upsurge in data center investments that have heightened power quality demands, aggressive renewable integration, as well as rapid grid expansion. According to an article published by the Ministry of Power in July 2025, POWERGRID’s transmission network spanned an estimated 1,80,239 ckm of extra high voltage (EHV) transmission line and constitutes 283 EHV, which has eventually boasted a transformation capacity of 5,64,961 MVA. Besides, the country’s government significantly holds a majority of stake, accounting for 51.3%, along with a turnover of ₹47,459 crore, ₹14,521 crore in net profit, and ₹2,90,715 crore in gross fixed assets. Furthermore, the organization consistently gained more than 99% network availability through the effective deployment of next-generation maintenance and operation techniques, thus boosting the market’s exposure.

Europe Market Insights

Europe in the power quality equipment market is expected to emerge as the fastest-growing region during the forecast period. The market’s development in the region is extremely driven by the digitalization of grids, stringent power quality compliance in process industries, and industrial electrification. According to an article published by the Europe Commission in 2024, the regional Green Deal has readily aimed to reduce emissions by almost 50% by the end of 2030, which is eventually rising to 55%, while legally catering to the 2050 neutrality objective through the domestic Climate Law. This has effectively pushed a clean shift that protects the overall population and planet and is socially fair and economically sound. Besides, this is possible through the €275 billion fund provision in clean investments, of which 42% of the fund is significantly dedicated to climate action, which is boosting the market in the region.

Germany in the power quality equipment market is gaining increased exposure due to the existence of environmental compliance that needs suitable power quality for controls, ventilation, and monitoring, stringent process safety, comprehensive deployment of power electronics, and expanded continuous-process industries. As per an article published by Fraynhofer in January 2025, the total net public electricity generation from renewable energy sources has successfully reached 62.7% as of 2024. In addition, solar power generation has also reached 72.2 terawatt hours in the same year, along with an expansion in photovoltaics, continuing to increase the federal government’s objectives. Besides, the country’s balanced and imported electricity also increased to 24.9 terawatt-hours, which is denoting an optimistic outlook for the overall market’s growth.

France in the power quality equipment market is also developing due to the electrification of industrial processes, the circular economy, and increased support by policy emphasis on efficiency. Besides, as stated in a data report published by the EIA Government in July 2025, there has been an increase in cross-border electricity deliveries by 48% as of 2024, from 70 TWh in 2023 to 103 TWh in 2024. In addition, the country’s overall electricity generation also upsurge by 45 TWh in the same year, while the total consumption remained effectively steady. Moreover, the nation’s nuclear power is considered a notable electricity source, accounting for almost 65% of the overall electricity production, and the country presently operates 57 nuclear reactors. Therefore, this increased focus on electricity, which is possible through continuous supply, is readily uplifting the market in the country as well as the overall Europe region.

2023 Electricity Export and Import in Europe-Based Countries

Source: OEC

North America Market Insights

North America market is projected to witness considerable growth by the end of the stipulated timeline. The market’s growth in the region is highly propelled by the presence of continuous-process sectors, data centers, and an increase in the penetration of automation. Besides, according to a data report published by the CISA Government in February 2023, there are 11,128 chemical manufacturing facilities in the U.S., with Texas regarded as the topmost exporter of chemicals, readily accounting for 30% of overall chemical exports. Meanwhile, 68% of chemical manufacturing infrastructure is significantly owned and also operated by small and medium enterprises, employing more than 500 people. Moreover, California, Ohio, and Pennsylvania are other states with a massive concentration of facilities, which is positively creating an impact in the market’s growth.

The market in the U.S. is gaining increasing traction, owing to the aspect of the critical infrastructure role, safety compliance, production trends, chemical industry strategies, government spending, and security and infrastructure guidance. As stated in an article published by the ASC Organization in February 2023, chemical producers in the country significantly grew by 3.9% as of 2022, while the chemical output accounted for 12% as of 2023. In addition, the chemical sector employment surged gradually, with an increase in payrolls by over 15,000 workers in 2022. As a result, chemical workers are continuing to emerge as the highest paid in the overall manufacturing industry, amounting to over USD 90,000. Moreover, the chemical industry capital expenditure also upsurged by 9%, amounting to USD 33.5 billion, thereby proliferating the market’s expansion.

The power quality equipment market in Canada is also growing due to industrial automation and modernization, the presence of energy efficiency mandates, an increase in renewable energy integration, governmental spending and sustainability programs, as well as digitalized infrastructure and data centers. As per an article published by the Government of Canada in August 2025, the country’s clean energy gross domestic product (GDP) is expected to reach USD 107 billion, which is readily driven by USD 58 billion in yearly investments by the end of 2030 and over 600,000 employment opportunities. Moreover, for the upcoming 5 years, the country’s transition to a low-carbon economy by the end of 2050 is expected to reach almost 10,000 newest job openings. In addition, the population is more focused on clean electrification, based on which 84% of households is expected to low energy expenses by the end of 2035.