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Global Power Factor Correction Devices Market Research Report 2025
Industry: Machinery & Equipment
Published Date: 2025-01-16
Pages: 117 Pages
Report ld: 3471937
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- Table of Contents
- Table of Figures
- Related Reports
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Power Factor Correction Devices Market Size(US$)
CAGR 2025-2031
5.1%
Market Size,2031
USD 10,460
Million
Market Snapshot
Market Size in 2025 (Value)
US$ 7,762 million
Market Forecast in 2031(Value)
US$ 10,460 million
CAGR
5.1%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Power Factor Correction Devices was valued at US$ 7421 million in the year 2024 and is projected to reach a revised size of US$ 10460 million by 2031, growing at a CAGR of 5.1% during the forecast period.
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.
This report aims to provide a comprehensive presentation of the global market for Power Factor Correction Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Factor Correction Devices.
The Power Factor Correction Devices market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Power Factor Correction Devices market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Power Factor Correction Devices companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
MARKET SEGMENTATION
By Company
- 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
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Power Capacitor
- AC Reactor
- Active Power Filter
- Others
Segment by Application
- Commercial Utility
- Industrial Utility
- Public Power Supply
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Power Factor Correction Devices company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Power Factor Correction Devices Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Power Capacitor
1.2.3 AC Reactor
1.2.4 Active Power Filter
1.2.5 Others
1.3 Market by Application
1.3.1 Global Power Factor Correction Devices Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Commercial Utility
1.3.3 Industrial Utility
1.3.4 Public Power Supply
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Power Factor Correction Devices Market Perspective (2020-2031)
2.2 Global Power Factor Correction Devices Growth Trends by Region
2.2.1 Global Power Factor Correction Devices Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Power Factor Correction Devices Historic Market Size by Region (2020-2025)
2.2.3 Power Factor Correction Devices Forecasted Market Size by Region (2026-2031)
2.3 Power Factor Correction Devices Market Dynamics
2.3.1 Power Factor Correction Devices Industry Trends
2.3.2 Power Factor Correction Devices Market Drivers
2.3.3 Power Factor Correction Devices Market Challenges
2.3.4 Power Factor Correction Devices Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Power Factor Correction Devices Players by Revenue
3.1.1 Global Top Power Factor Correction Devices Players by Revenue (2020-2025)
3.1.2 Global Power Factor Correction Devices Revenue Market Share by Players (2020-2025)
3.2 Global Power Factor Correction Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Power Factor Correction Devices Revenue
3.4 Global Power Factor Correction Devices Market Concentration Ratio
3.4.1 Global Power Factor Correction Devices Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Power Factor Correction Devices Revenue in 2024
3.5 Global Key Players of Power Factor Correction Devices Head office and Area Served
3.6 Global Key Players of Power Factor Correction Devices, Product and Application
3.7 Global Key Players of Power Factor Correction Devices, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Power Factor Correction Devices Breakdown Data by Type
4.1 Global Power Factor Correction Devices Historic Market Size by Type (2020-2025)
4.2 Global Power Factor Correction Devices Forecasted Market Size by Type (2026-2031)
5 Power Factor Correction Devices Breakdown Data by Application
5.1 Global Power Factor Correction Devices Historic Market Size by Application (2020-2025)
5.2 Global Power Factor Correction Devices Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Power Factor Correction Devices Market Size (2020-2031)
6.2 North America Power Factor Correction Devices Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Power Factor Correction Devices Market Size by Country (2020-2025)
6.4 North America Power Factor Correction Devices Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Power Factor Correction Devices Market Size (2020-2031)
7.2 Europe Power Factor Correction Devices Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Power Factor Correction Devices Market Size by Country (2020-2025)
7.4 Europe Power Factor Correction Devices Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Power Factor Correction Devices Market Size (2020-2031)
8.2 Asia-Pacific Power Factor Correction Devices Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Power Factor Correction Devices Market Size by Region (2020-2025)
8.4 Asia-Pacific Power Factor Correction Devices Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Power Factor Correction Devices Market Size (2020-2031)
9.2 Latin America Power Factor Correction Devices Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Power Factor Correction Devices Market Size by Country (2020-2025)
9.4 Latin America Power Factor Correction Devices Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Power Factor Correction Devices Market Size (2020-2031)
10.2 Middle East & Africa Power Factor Correction Devices Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Power Factor Correction Devices Market Size by Country (2020-2025)
10.4 Middle East & Africa Power Factor Correction Devices Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Details
11.1.2 ABB Business Overview
11.1.3 ABB Power Factor Correction Devices Introduction
11.1.4 ABB Revenue in Power Factor Correction Devices Business (2020-2025)
11.1.5 ABB Recent Development
11.2 Schneider
11.2.1 Schneider Company Details
11.2.2 Schneider Business Overview
11.2.3 Schneider Power Factor Correction Devices Introduction
11.2.4 Schneider Revenue in Power Factor Correction Devices Business (2020-2025)
11.2.5 Schneider Recent Development
11.3 Siemens
11.3.1 Siemens Company Details
11.3.2 Siemens Business Overview
11.3.3 Siemens Power Factor Correction Devices Introduction
11.3.4 Siemens Revenue in Power Factor Correction Devices Business (2020-2025)
11.3.5 Siemens Recent Development
11.4 Eaton
11.4.1 Eaton Company Details
11.4.2 Eaton Business Overview
11.4.3 Eaton Power Factor Correction Devices Introduction
11.4.4 Eaton Revenue in Power Factor Correction Devices Business (2020-2025)
11.4.5 Eaton Recent Development
11.5 GE Grid Solutions
11.5.1 GE Grid Solutions Company Details
11.5.2 GE Grid Solutions Business Overview
11.5.3 GE Grid Solutions Power Factor Correction Devices Introduction
11.5.4 GE Grid Solutions Revenue in Power Factor Correction Devices Business (2020-2025)
11.5.5 GE Grid Solutions Recent Development
11.6 NISSIN ELECTRIC
11.6.1 NISSIN ELECTRIC Company Details
11.6.2 NISSIN ELECTRIC Business Overview
11.6.3 NISSIN ELECTRIC Power Factor Correction Devices Introduction
11.6.4 NISSIN ELECTRIC Revenue in Power Factor Correction Devices Business (2020-2025)
11.6.5 NISSIN ELECTRIC Recent Development
11.7 Guilin Power Capacitor
11.7.1 Guilin Power Capacitor Company Details
11.7.2 Guilin Power Capacitor Business Overview
11.7.3 Guilin Power Capacitor Power Factor Correction Devices Introduction
11.7.4 Guilin Power Capacitor Revenue in Power Factor Correction Devices Business (2020-2025)
11.7.5 Guilin Power Capacitor Recent Development
11.8 Hubbell
11.8.1 Hubbell Company Details
11.8.2 Hubbell Business Overview
11.8.3 Hubbell Power Factor Correction Devices Introduction
11.8.4 Hubbell Revenue in Power Factor Correction Devices Business (2020-2025)
11.8.5 Hubbell Recent Development
11.9 Xian XD Power
11.9.1 Xian XD Power Company Details
11.9.2 Xian XD Power Business Overview
11.9.3 Xian XD Power Power Factor Correction Devices Introduction
11.9.4 Xian XD Power Revenue in Power Factor Correction Devices Business (2020-2025)
11.9.5 Xian XD Power Recent Development
11.10 Herong Electric
11.10.1 Herong Electric Company Details
11.10.2 Herong Electric Business Overview
11.10.3 Herong Electric Power Factor Correction Devices Introduction
11.10.4 Herong Electric Revenue in Power Factor Correction Devices Business (2020-2025)
11.10.5 Herong Electric Recent Development
11.11 Shizuki Electric
11.11.1 Shizuki Electric Company Details
11.11.2 Shizuki Electric Business Overview
11.11.3 Shizuki Electric Power Factor Correction Devices Introduction
11.11.4 Shizuki Electric Revenue in Power Factor Correction Devices Business (2020-2025)
11.11.5 Shizuki Electric Recent Development
11.12 Sieyuan Electric
11.12.1 Sieyuan Electric Company Details
11.12.2 Sieyuan Electric Business Overview
11.12.3 Sieyuan Electric Power Factor Correction Devices Introduction
11.12.4 Sieyuan Electric Revenue in Power Factor Correction Devices Business (2020-2025)
11.12.5 Sieyuan Electric Recent Development
11.13 Socomec
11.13.1 Socomec Company Details
11.13.2 Socomec Business Overview
11.13.3 Socomec Power Factor Correction Devices Introduction
11.13.4 Socomec Revenue in Power Factor Correction Devices Business (2020-2025)
11.13.5 Socomec Recent Development
11.14 Rongxin Power Electronic
11.14.1 Rongxin Power Electronic Company Details
11.14.2 Rongxin Power Electronic Business Overview
11.14.3 Rongxin Power Electronic Power Factor Correction Devices Introduction
11.14.4 Rongxin Power Electronic Revenue in Power Factor Correction Devices Business (2020-2025)
11.14.5 Rongxin Power Electronic Recent Development
11.15 Ducati Energia
11.15.1 Ducati Energia Company Details
11.15.2 Ducati Energia Business Overview
11.15.3 Ducati Energia Power Factor Correction Devices Introduction
11.15.4 Ducati Energia Revenue in Power Factor Correction Devices Business (2020-2025)
11.15.5 Ducati Energia Recent Development
11.16 Iskra
11.16.1 Iskra Company Details
11.16.2 Iskra Business Overview
11.16.3 Iskra Power Factor Correction Devices Introduction
11.16.4 Iskra Revenue in Power Factor Correction Devices Business (2020-2025)
11.16.5 Iskra Recent Development
11.17 ICAR SpA
11.17.1 ICAR SpA Company Details
11.17.2 ICAR SpA Business Overview
11.17.3 ICAR SpA Power Factor Correction Devices Introduction
11.17.4 ICAR SpA Revenue in Power Factor Correction Devices Business (2020-2025)
11.17.5 ICAR SpA Recent Development
11.18 FRAKO
11.18.1 FRAKO Company Details
11.18.2 FRAKO Business Overview
11.18.3 FRAKO Power Factor Correction Devices Introduction
11.18.4 FRAKO Revenue in Power Factor Correction Devices Business (2020-2025)
11.18.5 FRAKO Recent Development
11.19 AF Switchgear
11.19.1 AF Switchgear Company Details
11.19.2 AF Switchgear Business Overview
11.19.3 AF Switchgear Power Factor Correction Devices Introduction
11.19.4 AF Switchgear Revenue in Power Factor Correction Devices Business (2020-2025)
11.19.5 AF Switchgear Recent Development
11.20 LOVATO Electric
11.20.1 LOVATO Electric Company Details
11.20.2 LOVATO Electric Business Overview
11.20.3 LOVATO Electric Power Factor Correction Devices Introduction
11.20.4 LOVATO Electric Revenue in Power Factor Correction Devices Business (2020-2025)
11.20.5 LOVATO Electric Recent Development
11.21 WEG
11.21.1 WEG Company Details
11.21.2 WEG Business Overview
11.21.3 WEG Power Factor Correction Devices Introduction
11.21.4 WEG Revenue in Power Factor Correction Devices Business (2020-2025)
11.21.5 WEG Recent Development
11.22 Johnson & Phillips
11.22.1 Johnson & Phillips Company Details
11.22.2 Johnson & Phillips Business Overview
11.22.3 Johnson & Phillips Power Factor Correction Devices Introduction
11.22.4 Johnson & Phillips Revenue in Power Factor Correction Devices Business (2020-2025)
11.22.5 Johnson & Phillips Recent Development
11.23 COMAR Condensatori SpA
11.23.1 COMAR Condensatori SpA Company Details
11.23.2 COMAR Condensatori SpA Business Overview
11.23.3 COMAR Condensatori SpA Power Factor Correction Devices Introduction
11.23.4 COMAR Condensatori SpA Revenue in Power Factor Correction Devices Business (2020-2025)
11.23.5 COMAR Condensatori SpA Recent Development
11.24 Power Capacitors Ltd
11.24.1 Power Capacitors Ltd Company Details
11.24.2 Power Capacitors Ltd Business Overview
11.24.3 Power Capacitors Ltd Power Factor Correction Devices Introduction
11.24.4 Power Capacitors Ltd Revenue in Power Factor Correction Devices Business (2020-2025)
11.24.5 Power Capacitors Ltd Recent Development
11.25 Ampcontrol
11.25.1 Ampcontrol Company Details
11.25.2 Ampcontrol Business Overview
11.25.3 Ampcontrol Power Factor Correction Devices Introduction
11.25.4 Ampcontrol Revenue in Power Factor Correction Devices Business (2020-2025)
11.25.5 Ampcontrol Recent Development
11.26 Fuji Electric
11.26.1 Fuji Electric Company Details
11.26.2 Fuji Electric Business Overview
11.26.3 Fuji Electric Power Factor Correction Devices Introduction
11.26.4 Fuji Electric Revenue in Power Factor Correction Devices Business (2020-2025)
11.26.5 Fuji Electric Recent Development
11.27 Shindengen Electric Manufacturing Co., Ltd.
11.27.1 Shindengen Electric Manufacturing Co., Ltd. Company Details
11.27.2 Shindengen Electric Manufacturing Co., Ltd. Business Overview
11.27.3 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Introduction
11.27.4 Shindengen Electric Manufacturing Co., Ltd. Revenue in Power Factor Correction Devices Business (2020-2025)
11.27.5 Shindengen Electric Manufacturing Co., Ltd. Recent Development
11.28 NICHICON CORPORATION
11.28.1 NICHICON CORPORATION Company Details
11.28.2 NICHICON CORPORATION Business Overview
11.28.3 NICHICON CORPORATION Power Factor Correction Devices Introduction
11.28.4 NICHICON CORPORATION Revenue in Power Factor Correction Devices Business (2020-2025)
11.28.5 NICHICON CORPORATION Recent Development
11.29 KEMET Electronics
11.29.1 KEMET Electronics Company Details
11.29.2 KEMET Electronics Business Overview
11.29.3 KEMET Electronics Power Factor Correction Devices Introduction
11.29.4 KEMET Electronics Revenue in Power Factor Correction Devices Business (2020-2025)
11.29.5 KEMET Electronics Recent Development
11.30 Mitsubishi Electric Corporation
11.30.1 Mitsubishi Electric Corporation Company Details
11.30.2 Mitsubishi Electric Corporation Business Overview
11.30.3 Mitsubishi Electric Corporation Power Factor Correction Devices Introduction
11.30.4 Mitsubishi Electric Corporation Revenue in Power Factor Correction Devices Business (2020-2025)
11.30.5 Mitsubishi Electric Corporation Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Global Power Factor Correction Devices Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Key Players of Power Capacitor
Table 3. Key Players of AC Reactor
Table 4. Key Players of Active Power Filter
Table 5. Key Players of Others
Table 6. Global Power Factor Correction Devices Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 7. Global Power Factor Correction Devices Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
Table 8. Global Power Factor Correction Devices Market Size by Region (2020-2025) & (US$ Million)
Table 9. Global Power Factor Correction Devices Market Share by Region (2020-2025)
Table 10. Global Power Factor Correction Devices Forecasted Market Size by Region (2026-2031) & (US$ Million)
Table 11. Global Power Factor Correction Devices Market Share by Region (2026-2031)
Table 12. Power Factor Correction Devices Market Trends
Table 13. Power Factor Correction Devices Market Drivers
Table 14. Power Factor Correction Devices Market Challenges
Table 15. Power Factor Correction Devices Market Restraints
Table 16. Global Power Factor Correction Devices Revenue by Players (2020-2025) & (US$ Million)
Table 17. Global Power Factor Correction Devices Market Share by Players (2020-2025)
Table 18. Global Top Power Factor Correction Devices Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Factor Correction Devices as of 2024)
Table 19. Ranking of Global Top Power Factor Correction Devices Companies by Revenue (US$ Million) in 2024
Table 20. Global 5 Largest Players Market Share by Power Factor Correction Devices Revenue (CR5 and HHI) & (2020-2025)
Table 21. Global Key Players of Power Factor Correction Devices, Headquarters and Area Served
Table 22. Global Key Players of Power Factor Correction Devices, Product and Application
Table 23. Global Key Players of Power Factor Correction Devices, Date of Enter into This Industry
Table 24. Mergers & Acquisitions, Expansion Plans
Table 25. Global Power Factor Correction Devices Market Size by Type (2020-2025) & (US$ Million)
Table 26. Global Power Factor Correction Devices Revenue Market Share by Type (2020-2025)
Table 27. Global Power Factor Correction Devices Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 28. Global Power Factor Correction Devices Revenue Market Share by Type (2026-2031)
Table 29. Global Power Factor Correction Devices Market Size by Application (2020-2025) & (US$ Million)
Table 30. Global Power Factor Correction Devices Revenue Market Share by Application (2020-2025)
Table 31. Global Power Factor Correction Devices Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 32. Global Power Factor Correction Devices Revenue Market Share by Application (2026-2031)
Table 33. North America Power Factor Correction Devices Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 34. North America Power Factor Correction Devices Market Size by Country (2020-2025) & (US$ Million)
Table 35. North America Power Factor Correction Devices Market Size by Country (2026-2031) & (US$ Million)
Table 36. Europe Power Factor Correction Devices Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 37. Europe Power Factor Correction Devices Market Size by Country (2020-2025) & (US$ Million)
Table 38. Europe Power Factor Correction Devices Market Size by Country (2026-2031) & (US$ Million)
Table 39. Asia-Pacific Power Factor Correction Devices Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
Table 40. Asia-Pacific Power Factor Correction Devices Market Size by Region (2020-2025) & (US$ Million)
Table 41. Asia-Pacific Power Factor Correction Devices Market Size by Region (2026-2031) & (US$ Million)
Table 42. Latin America Power Factor Correction Devices Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 43. Latin America Power Factor Correction Devices Market Size by Country (2020-2025) & (US$ Million)
Table 44. Latin America Power Factor Correction Devices Market Size by Country (2026-2031) & (US$ Million)
Table 45. Middle East & Africa Power Factor Correction Devices Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
Table 46. Middle East & Africa Power Factor Correction Devices Market Size by Country (2020-2025) & (US$ Million)
Table 47. Middle East & Africa Power Factor Correction Devices Market Size by Country (2026-2031) & (US$ Million)
Table 48. ABB Company Details
Table 49. ABB Business Overview
Table 50. ABB Power Factor Correction Devices Product
Table 51. ABB Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 52. ABB Recent Development
Table 53. Schneider Company Details
Table 54. Schneider Business Overview
Table 55. Schneider Power Factor Correction Devices Product
Table 56. Schneider Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 57. Schneider Recent Development
Table 58. Siemens Company Details
Table 59. Siemens Business Overview
Table 60. Siemens Power Factor Correction Devices Product
Table 61. Siemens Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 62. Siemens Recent Development
Table 63. Eaton Company Details
Table 64. Eaton Business Overview
Table 65. Eaton Power Factor Correction Devices Product
Table 66. Eaton Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 67. Eaton Recent Development
Table 68. GE Grid Solutions Company Details
Table 69. GE Grid Solutions Business Overview
Table 70. GE Grid Solutions Power Factor Correction Devices Product
Table 71. GE Grid Solutions Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 72. GE Grid Solutions Recent Development
Table 73. NISSIN ELECTRIC Company Details
Table 74. NISSIN ELECTRIC Business Overview
Table 75. NISSIN ELECTRIC Power Factor Correction Devices Product
Table 76. NISSIN ELECTRIC Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 77. NISSIN ELECTRIC Recent Development
Table 78. Guilin Power Capacitor Company Details
Table 79. Guilin Power Capacitor Business Overview
Table 80. Guilin Power Capacitor Power Factor Correction Devices Product
Table 81. Guilin Power Capacitor Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 82. Guilin Power Capacitor Recent Development
Table 83. Hubbell Company Details
Table 84. Hubbell Business Overview
Table 85. Hubbell Power Factor Correction Devices Product
Table 86. Hubbell Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 87. Hubbell Recent Development
Table 88. Xian XD Power Company Details
Table 89. Xian XD Power Business Overview
Table 90. Xian XD Power Power Factor Correction Devices Product
Table 91. Xian XD Power Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 92. Xian XD Power Recent Development
Table 93. Herong Electric Company Details
Table 94. Herong Electric Business Overview
Table 95. Herong Electric Power Factor Correction Devices Product
Table 96. Herong Electric Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 97. Herong Electric Recent Development
Table 98. Shizuki Electric Company Details
Table 99. Shizuki Electric Business Overview
Table 100. Shizuki Electric Power Factor Correction Devices Product
Table 101. Shizuki Electric Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 102. Shizuki Electric Recent Development
Table 103. Sieyuan Electric Company Details
Table 104. Sieyuan Electric Business Overview
Table 105. Sieyuan Electric Power Factor Correction Devices Product
Table 106. Sieyuan Electric Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 107. Sieyuan Electric Recent Development
Table 108. Socomec Company Details
Table 109. Socomec Business Overview
Table 110. Socomec Power Factor Correction Devices Product
Table 111. Socomec Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 112. Socomec Recent Development
Table 113. Rongxin Power Electronic Company Details
Table 114. Rongxin Power Electronic Business Overview
Table 115. Rongxin Power Electronic Power Factor Correction Devices Product
Table 116. Rongxin Power Electronic Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 117. Rongxin Power Electronic Recent Development
Table 118. Ducati Energia Company Details
Table 119. Ducati Energia Business Overview
Table 120. Ducati Energia Power Factor Correction Devices Product
Table 121. Ducati Energia Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 122. Ducati Energia Recent Development
Table 123. Iskra Company Details
Table 124. Iskra Business Overview
Table 125. Iskra Power Factor Correction Devices Product
Table 126. Iskra Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 127. Iskra Recent Development
Table 128. ICAR SpA Company Details
Table 129. ICAR SpA Business Overview
Table 130. ICAR SpA Power Factor Correction Devices Product
Table 131. ICAR SpA Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 132. ICAR SpA Recent Development
Table 133. FRAKO Company Details
Table 134. FRAKO Business Overview
Table 135. FRAKO Power Factor Correction Devices Product
Table 136. FRAKO Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 137. FRAKO Recent Development
Table 138. AF Switchgear Company Details
Table 139. AF Switchgear Business Overview
Table 140. AF Switchgear Power Factor Correction Devices Product
Table 141. AF Switchgear Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 142. AF Switchgear Recent Development
Table 143. LOVATO Electric Company Details
Table 144. LOVATO Electric Business Overview
Table 145. LOVATO Electric Power Factor Correction Devices Product
Table 146. LOVATO Electric Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 147. LOVATO Electric Recent Development
Table 148. WEG Company Details
Table 149. WEG Business Overview
Table 150. WEG Power Factor Correction Devices Product
Table 151. WEG Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 152. WEG Recent Development
Table 153. Johnson & Phillips Company Details
Table 154. Johnson & Phillips Business Overview
Table 155. Johnson & Phillips Power Factor Correction Devices Product
Table 156. Johnson & Phillips Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 157. Johnson & Phillips Recent Development
Table 158. COMAR Condensatori SpA Company Details
Table 159. COMAR Condensatori SpA Business Overview
Table 160. COMAR Condensatori SpA Power Factor Correction Devices Product
Table 161. COMAR Condensatori SpA Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 162. COMAR Condensatori SpA Recent Development
Table 163. Power Capacitors Ltd Company Details
Table 164. Power Capacitors Ltd Business Overview
Table 165. Power Capacitors Ltd Power Factor Correction Devices Product
Table 166. Power Capacitors Ltd Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 167. Power Capacitors Ltd Recent Development
Table 168. Ampcontrol Company Details
Table 169. Ampcontrol Business Overview
Table 170. Ampcontrol Power Factor Correction Devices Product
Table 171. Ampcontrol Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 172. Ampcontrol Recent Development
Table 173. Fuji Electric Company Details
Table 174. Fuji Electric Business Overview
Table 175. Fuji Electric Power Factor Correction Devices Product
Table 176. Fuji Electric Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 177. Fuji Electric Recent Development
Table 178. Shindengen Electric Manufacturing Co., Ltd. Company Details
Table 179. Shindengen Electric Manufacturing Co., Ltd. Business Overview
Table 180. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product
Table 181. Shindengen Electric Manufacturing Co., Ltd. Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 182. Shindengen Electric Manufacturing Co., Ltd. Recent Development
Table 183. NICHICON CORPORATION Company Details
Table 184. NICHICON CORPORATION Business Overview
Table 185. NICHICON CORPORATION Power Factor Correction Devices Product
Table 186. NICHICON CORPORATION Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 187. NICHICON CORPORATION Recent Development
Table 188. KEMET Electronics Company Details
Table 189. KEMET Electronics Business Overview
Table 190. KEMET Electronics Power Factor Correction Devices Product
Table 191. KEMET Electronics Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 192. KEMET Electronics Recent Development
Table 193. Mitsubishi Electric Corporation Company Details
Table 194. Mitsubishi Electric Corporation Business Overview
Table 195. Mitsubishi Electric Corporation Power Factor Correction Devices Product
Table 196. Mitsubishi Electric Corporation Revenue in Power Factor Correction Devices Business (2020-2025) & (US$ Million)
Table 197. Mitsubishi Electric Corporation Recent Development
Table 198. Research Programs/Design for This Report
Table 199. Key Data Information from Secondary Sources
Table 200. Key Data Information from Primary Sources
Table 201. Authors List of This Report
List of Figures
Figure 1. Power Factor Correction Devices Picture
Figure 2. Global Power Factor Correction Devices Market Size Comparison by Type (2020-2031) & (US$ Million)
Figure 3. Global Power Factor Correction Devices Market Share by Type: 2024 VS 2031
Figure 4. Power Capacitor Features
Figure 5. AC Reactor Features
Figure 6. Active Power Filter Features
Figure 7. Others Features
Figure 8. Global Power Factor Correction Devices Market Size by Application (2020-2031) & (US$ Million)
Figure 9. Global Power Factor Correction Devices Market Share by Application: 2024 VS 2031
Figure 10. Commercial Utility Case Studies
Figure 11. Industrial Utility Case Studies
Figure 12. Public Power Supply Case Studies
Figure 13. Power Factor Correction Devices Report Years Considered
Figure 14. Global Power Factor Correction Devices Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 15. Global Power Factor Correction Devices Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 16. Global Power Factor Correction Devices Market Share by Region: 2024 VS 2031
Figure 17. Global Power Factor Correction Devices Market Share by Players in 2024
Figure 18. Global Top Power Factor Correction Devices Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Factor Correction Devices as of 2024)
Figure 19. The Top 10 and 5 Players Market Share by Power Factor Correction Devices Revenue in 2024
Figure 20. North America Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 21. North America Power Factor Correction Devices Market Share by Country (2020-2031)
Figure 22. United States Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 23. Canada Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 24. Europe Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 25. Europe Power Factor Correction Devices Market Share by Country (2020-2031)
Figure 26. Germany Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 27. France Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 28. U.K. Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 29. Italy Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 30. Russia Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 31. Nordic Countries Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 32. Asia-Pacific Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 33. Asia-Pacific Power Factor Correction Devices Market Share by Region (2020-2031)
Figure 34. China Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 35. Japan Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 36. South Korea Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 37. Southeast Asia Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 38. India Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 39. Australia Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 40. Latin America Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 41. Latin America Power Factor Correction Devices Market Share by Country (2020-2031)
Figure 42. Mexico Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 43. Brazil Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 44. Middle East & Africa Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 45. Middle East & Africa Power Factor Correction Devices Market Share by Country (2020-2031)
Figure 46. Turkey Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 47. Saudi Arabia Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 48. UAE Power Factor Correction Devices Market Size YoY Growth (2020-2031) & (US$ Million)
Figure 49. ABB Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 50. Schneider Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 51. Siemens Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 52. Eaton Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 53. GE Grid Solutions Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 54. NISSIN ELECTRIC Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 55. Guilin Power Capacitor Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 56. Hubbell Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 57. Xian XD Power Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 58. Herong Electric Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 59. Shizuki Electric Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 60. Sieyuan Electric Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 61. Socomec Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 62. Rongxin Power Electronic Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 63. Ducati Energia Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 64. Iskra Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 65. ICAR SpA Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 66. FRAKO Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 67. AF Switchgear Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 68. LOVATO Electric Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 69. WEG Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 70. Johnson & Phillips Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 71. COMAR Condensatori SpA Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 72. Power Capacitors Ltd Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 73. Ampcontrol Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 74. Fuji Electric Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 75. Shindengen Electric Manufacturing Co., Ltd. Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 76. NICHICON CORPORATION Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 77. KEMET Electronics Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 78. Mitsubishi Electric Corporation Revenue Growth Rate in Power Factor Correction Devices Business (2020-2025)
Figure 79. Bottom-up and Top-down Approaches for This Report
Figure 80. Data Triangulation
Figure 81. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
Which companies rank high in the global Power Factor Correction Devices market?
The top companies in the global Power Factor Correction Devices market are ABB、Schneider、Siemens.
What is the annual compound growth rate of the global Power Factor Correction Devices market size from 2025 to 2031?
What was the global market size of Power Factor Correction Devices in 2025?
What was the global market size of Power Factor Correction Devices in 2031?
Which region is expected to have the highest market share?
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