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Power Factor Correction Devices- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Industry: Machinery & Equipment
Published Date: 2025-01-16
Pages: 171 Pages
Report ld: 3479692
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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 estimated to be worth US$ 7421 million in 2024 and is forecast to a readjusted size of US$ 10460 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
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, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Power Factor Correction Devices by region & country, by Type, and by Application.
The Power Factor Correction Devices market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
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, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Power Factor Correction Devices company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Power Factor Correction Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Power Factor Correction Devices in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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TABLE OF CONTENTS
1 Market Overview
1.1 Power Factor Correction Devices Product Introduction
1.2 Global Power Factor Correction Devices Market Size Forecast (2020-2031)
1.3 Power Factor Correction Devices Market Trends & Drivers
1.3.1 Power Factor Correction Devices Industry Trends
1.3.2 Power Factor Correction Devices Market Drivers & Opportunity
1.3.3 Power Factor Correction Devices Market Challenges
1.3.4 Power Factor Correction Devices Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Power Factor Correction Devices Players Revenue Ranking (2024)
2.2 Global Power Factor Correction Devices Revenue by Company (2020-2025)
2.3 Key Companies Power Factor Correction Devices Manufacturing Base Distribution and Headquarters
2.4 Key Companies Power Factor Correction Devices Product Offered
2.5 Key Companies Time to Begin Mass Production of Power Factor Correction Devices
2.6 Power Factor Correction Devices Market Competitive Analysis
2.6.1 Power Factor Correction Devices Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Power Factor Correction Devices Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Factor Correction Devices as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Power Capacitor
3.1.2 AC Reactor
3.1.3 Active Power Filter
3.1.4 Others
3.2 Global Power Factor Correction Devices Sales Value by Type
3.2.1 Global Power Factor Correction Devices Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Power Factor Correction Devices Sales Value, by Type (2020-2031)
3.2.3 Global Power Factor Correction Devices Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Commercial Utility
4.1.2 Industrial Utility
4.1.3 Public Power Supply
4.2 Global Power Factor Correction Devices Sales Value by Application
4.2.1 Global Power Factor Correction Devices Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Power Factor Correction Devices Sales Value, by Application (2020-2031)
4.2.3 Global Power Factor Correction Devices Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Power Factor Correction Devices Sales Value by Region
5.1.1 Global Power Factor Correction Devices Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Power Factor Correction Devices Sales Value by Region (2020-2025)
5.1.3 Global Power Factor Correction Devices Sales Value by Region (2026-2031)
5.1.4 Global Power Factor Correction Devices Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Power Factor Correction Devices Sales Value, 2020-2031
5.2.2 North America Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Power Factor Correction Devices Sales Value, 2020-2031
5.3.2 Europe Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Power Factor Correction Devices Sales Value, 2020-2031
5.4.2 Asia Pacific Power Factor Correction Devices Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Power Factor Correction Devices Sales Value, 2020-2031
5.5.2 South America Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Power Factor Correction Devices Sales Value, 2020-2031
5.6.2 Middle East & Africa Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Power Factor Correction Devices Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Power Factor Correction Devices Sales Value, 2020-2031
6.3 United States
6.3.1 United States Power Factor Correction Devices Sales Value, 2020-2031
6.3.2 United States Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Power Factor Correction Devices Sales Value, 2020-2031
6.4.2 Europe Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Power Factor Correction Devices Sales Value, 2020-2031
6.5.2 China Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.5.3 China Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Power Factor Correction Devices Sales Value, 2020-2031
6.6.2 Japan Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Power Factor Correction Devices Sales Value, 2020-2031
6.7.2 South Korea Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Power Factor Correction Devices Sales Value, 2020-2031
6.8.2 Southeast Asia Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Power Factor Correction Devices Sales Value, 2020-2031
6.9.2 India Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
6.9.3 India Power Factor Correction Devices Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 ABB
7.1.1 ABB Profile
7.1.2 ABB Main Business
7.1.3 ABB Power Factor Correction Devices Products, Services and Solutions
7.1.4 ABB Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.1.5 ABB Recent Developments
7.2 Schneider
7.2.1 Schneider Profile
7.2.2 Schneider Main Business
7.2.3 Schneider Power Factor Correction Devices Products, Services and Solutions
7.2.4 Schneider Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.2.5 Schneider Recent Developments
7.3 Siemens
7.3.1 Siemens Profile
7.3.2 Siemens Main Business
7.3.3 Siemens Power Factor Correction Devices Products, Services and Solutions
7.3.4 Siemens Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.3.5 Siemens Recent Developments
7.4 Eaton
7.4.1 Eaton Profile
7.4.2 Eaton Main Business
7.4.3 Eaton Power Factor Correction Devices Products, Services and Solutions
7.4.4 Eaton Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.4.5 Eaton Recent Developments
7.5 GE Grid Solutions
7.5.1 GE Grid Solutions Profile
7.5.2 GE Grid Solutions Main Business
7.5.3 GE Grid Solutions Power Factor Correction Devices Products, Services and Solutions
7.5.4 GE Grid Solutions Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.5.5 GE Grid Solutions Recent Developments
7.6 NISSIN ELECTRIC
7.6.1 NISSIN ELECTRIC Profile
7.6.2 NISSIN ELECTRIC Main Business
7.6.3 NISSIN ELECTRIC Power Factor Correction Devices Products, Services and Solutions
7.6.4 NISSIN ELECTRIC Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.6.5 NISSIN ELECTRIC Recent Developments
7.7 Guilin Power Capacitor
7.7.1 Guilin Power Capacitor Profile
7.7.2 Guilin Power Capacitor Main Business
7.7.3 Guilin Power Capacitor Power Factor Correction Devices Products, Services and Solutions
7.7.4 Guilin Power Capacitor Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.7.5 Guilin Power Capacitor Recent Developments
7.8 Hubbell
7.8.1 Hubbell Profile
7.8.2 Hubbell Main Business
7.8.3 Hubbell Power Factor Correction Devices Products, Services and Solutions
7.8.4 Hubbell Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.8.5 Hubbell Recent Developments
7.9 Xian XD Power
7.9.1 Xian XD Power Profile
7.9.2 Xian XD Power Main Business
7.9.3 Xian XD Power Power Factor Correction Devices Products, Services and Solutions
7.9.4 Xian XD Power Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.9.5 Xian XD Power Recent Developments
7.10 Herong Electric
7.10.1 Herong Electric Profile
7.10.2 Herong Electric Main Business
7.10.3 Herong Electric Power Factor Correction Devices Products, Services and Solutions
7.10.4 Herong Electric Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.10.5 Herong Electric Recent Developments
7.11 Shizuki Electric
7.11.1 Shizuki Electric Profile
7.11.2 Shizuki Electric Main Business
7.11.3 Shizuki Electric Power Factor Correction Devices Products, Services and Solutions
7.11.4 Shizuki Electric Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.11.5 Shizuki Electric Recent Developments
7.12 Sieyuan Electric
7.12.1 Sieyuan Electric Profile
7.12.2 Sieyuan Electric Main Business
7.12.3 Sieyuan Electric Power Factor Correction Devices Products, Services and Solutions
7.12.4 Sieyuan Electric Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.12.5 Sieyuan Electric Recent Developments
7.13 Socomec
7.13.1 Socomec Profile
7.13.2 Socomec Main Business
7.13.3 Socomec Power Factor Correction Devices Products, Services and Solutions
7.13.4 Socomec Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.13.5 Socomec Recent Developments
7.14 Rongxin Power Electronic
7.14.1 Rongxin Power Electronic Profile
7.14.2 Rongxin Power Electronic Main Business
7.14.3 Rongxin Power Electronic Power Factor Correction Devices Products, Services and Solutions
7.14.4 Rongxin Power Electronic Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.14.5 Rongxin Power Electronic Recent Developments
7.15 Ducati Energia
7.15.1 Ducati Energia Profile
7.15.2 Ducati Energia Main Business
7.15.3 Ducati Energia Power Factor Correction Devices Products, Services and Solutions
7.15.4 Ducati Energia Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.15.5 Ducati Energia Recent Developments
7.16 Iskra
7.16.1 Iskra Profile
7.16.2 Iskra Main Business
7.16.3 Iskra Power Factor Correction Devices Products, Services and Solutions
7.16.4 Iskra Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.16.5 Iskra Recent Developments
7.17 ICAR SpA
7.17.1 ICAR SpA Profile
7.17.2 ICAR SpA Main Business
7.17.3 ICAR SpA Power Factor Correction Devices Products, Services and Solutions
7.17.4 ICAR SpA Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.17.5 ICAR SpA Recent Developments
7.18 FRAKO
7.18.1 FRAKO Profile
7.18.2 FRAKO Main Business
7.18.3 FRAKO Power Factor Correction Devices Products, Services and Solutions
7.18.4 FRAKO Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.18.5 FRAKO Recent Developments
7.19 AF Switchgear
7.19.1 AF Switchgear Profile
7.19.2 AF Switchgear Main Business
7.19.3 AF Switchgear Power Factor Correction Devices Products, Services and Solutions
7.19.4 AF Switchgear Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.19.5 AF Switchgear Recent Developments
7.20 LOVATO Electric
7.20.1 LOVATO Electric Profile
7.20.2 LOVATO Electric Main Business
7.20.3 LOVATO Electric Power Factor Correction Devices Products, Services and Solutions
7.20.4 LOVATO Electric Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.20.5 LOVATO Electric Recent Developments
7.21 WEG
7.21.1 WEG Profile
7.21.2 WEG Main Business
7.21.3 WEG Power Factor Correction Devices Products, Services and Solutions
7.21.4 WEG Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.21.5 WEG Recent Developments
7.22 Johnson & Phillips
7.22.1 Johnson & Phillips Profile
7.22.2 Johnson & Phillips Main Business
7.22.3 Johnson & Phillips Power Factor Correction Devices Products, Services and Solutions
7.22.4 Johnson & Phillips Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.22.5 Johnson & Phillips Recent Developments
7.23 COMAR Condensatori SpA
7.23.1 COMAR Condensatori SpA Profile
7.23.2 COMAR Condensatori SpA Main Business
7.23.3 COMAR Condensatori SpA Power Factor Correction Devices Products, Services and Solutions
7.23.4 COMAR Condensatori SpA Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.23.5 COMAR Condensatori SpA Recent Developments
7.24 Power Capacitors Ltd
7.24.1 Power Capacitors Ltd Profile
7.24.2 Power Capacitors Ltd Main Business
7.24.3 Power Capacitors Ltd Power Factor Correction Devices Products, Services and Solutions
7.24.4 Power Capacitors Ltd Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.24.5 Power Capacitors Ltd Recent Developments
7.25 Ampcontrol
7.25.1 Ampcontrol Profile
7.25.2 Ampcontrol Main Business
7.25.3 Ampcontrol Power Factor Correction Devices Products, Services and Solutions
7.25.4 Ampcontrol Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.25.5 Ampcontrol Recent Developments
7.26 Fuji Electric
7.26.1 Fuji Electric Profile
7.26.2 Fuji Electric Main Business
7.26.3 Fuji Electric Power Factor Correction Devices Products, Services and Solutions
7.26.4 Fuji Electric Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.26.5 Fuji Electric Recent Developments
7.27 Shindengen Electric Manufacturing Co., Ltd.
7.27.1 Shindengen Electric Manufacturing Co., Ltd. Profile
7.27.2 Shindengen Electric Manufacturing Co., Ltd. Main Business
7.27.3 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Products, Services and Solutions
7.27.4 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.27.5 Shindengen Electric Manufacturing Co., Ltd. Recent Developments
7.28 NICHICON CORPORATION
7.28.1 NICHICON CORPORATION Profile
7.28.2 NICHICON CORPORATION Main Business
7.28.3 NICHICON CORPORATION Power Factor Correction Devices Products, Services and Solutions
7.28.4 NICHICON CORPORATION Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.28.5 NICHICON CORPORATION Recent Developments
7.29 KEMET Electronics
7.29.1 KEMET Electronics Profile
7.29.2 KEMET Electronics Main Business
7.29.3 KEMET Electronics Power Factor Correction Devices Products, Services and Solutions
7.29.4 KEMET Electronics Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.29.5 KEMET Electronics Recent Developments
7.30 Mitsubishi Electric Corporation
7.30.1 Mitsubishi Electric Corporation Profile
7.30.2 Mitsubishi Electric Corporation Main Business
7.30.3 Mitsubishi Electric Corporation Power Factor Correction Devices Products, Services and Solutions
7.30.4 Mitsubishi Electric Corporation Power Factor Correction Devices Revenue (US$ Million) & (2020-2025)
7.30.5 Mitsubishi Electric Corporation Recent Developments
8 Industry Chain Analysis
8.1 Power Factor Correction Devices Industrial Chain
8.2 Power Factor Correction Devices Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Power Factor Correction Devices Sales Model
8.5.2 Sales Channel
8.5.3 Power Factor Correction Devices Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Power Factor Correction Devices Market Trends
Table 2. Power Factor Correction Devices Market Drivers & Opportunity
Table 3. Power Factor Correction Devices Market Challenges
Table 4. Power Factor Correction Devices Market Restraints
Table 5. Global Power Factor Correction Devices Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Power Factor Correction Devices Revenue Market Share by Company (2020-2025)
Table 7. Key Companies Power Factor Correction Devices Manufacturing Base Distribution and Headquarters
Table 8. Key Companies Power Factor Correction Devices Product Type
Table 9. Key Companies Time to Begin Mass Production of Power Factor Correction Devices
Table 10. Global Power Factor Correction Devices Companies Market Concentration Ratio (CR5 and HHI)
Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Factor Correction Devices as of 2024)
Table 12. Mergers & Acquisitions, Expansion Plans
Table 13. Global Power Factor Correction Devices Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 14. Global Power Factor Correction Devices Sales Value by Type (2020-2025) & (US$ Million)
Table 15. Global Power Factor Correction Devices Sales Value by Type (2026-2031) & (US$ Million)
Table 16. Global Power Factor Correction Devices Sales Market Share in Value by Type (2020-2025)
Table 17. Global Power Factor Correction Devices Sales Market Share in Value by Type (2026-2031)
Table 18. Global Power Factor Correction Devices Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 19. Global Power Factor Correction Devices Sales Value by Application (2020-2025) & (US$ Million)
Table 20. Global Power Factor Correction Devices Sales Value by Application (2026-2031) & (US$ Million)
Table 21. Global Power Factor Correction Devices Sales Market Share in Value by Application (2020-2025)
Table 22. Global Power Factor Correction Devices Sales Market Share in Value by Application (2026-2031)
Table 23. Global Power Factor Correction Devices Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 24. Global Power Factor Correction Devices Sales Value by Region (2020-2025) & (US$ Million)
Table 25. Global Power Factor Correction Devices Sales Value by Region (2026-2031) & (US$ Million)
Table 26. Global Power Factor Correction Devices Sales Value by Region (2020-2025) & (%)
Table 27. Global Power Factor Correction Devices Sales Value by Region (2026-2031) & (%)
Table 28. Key Countries/Regions Power Factor Correction Devices Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 29. Key Countries/Regions Power Factor Correction Devices Sales Value, (2020-2025) & (US$ Million)
Table 30. Key Countries/Regions Power Factor Correction Devices Sales Value, (2026-2031) & (US$ Million)
Table 31. ABB Basic Information List
Table 32. ABB Description and Business Overview
Table 33. ABB Power Factor Correction Devices Products, Services and Solutions
Table 34. Revenue (US$ Million) in Power Factor Correction Devices Business of ABB (2020-2025)
Table 35. ABB Recent Developments
Table 36. Schneider Basic Information List
Table 37. Schneider Description and Business Overview
Table 38. Schneider Power Factor Correction Devices Products, Services and Solutions
Table 39. Revenue (US$ Million) in Power Factor Correction Devices Business of Schneider (2020-2025)
Table 40. Schneider Recent Developments
Table 41. Siemens Basic Information List
Table 42. Siemens Description and Business Overview
Table 43. Siemens Power Factor Correction Devices Products, Services and Solutions
Table 44. Revenue (US$ Million) in Power Factor Correction Devices Business of Siemens (2020-2025)
Table 45. Siemens Recent Developments
Table 46. Eaton Basic Information List
Table 47. Eaton Description and Business Overview
Table 48. Eaton Power Factor Correction Devices Products, Services and Solutions
Table 49. Revenue (US$ Million) in Power Factor Correction Devices Business of Eaton (2020-2025)
Table 50. Eaton Recent Developments
Table 51. GE Grid Solutions Basic Information List
Table 52. GE Grid Solutions Description and Business Overview
Table 53. GE Grid Solutions Power Factor Correction Devices Products, Services and Solutions
Table 54. Revenue (US$ Million) in Power Factor Correction Devices Business of GE Grid Solutions (2020-2025)
Table 55. GE Grid Solutions Recent Developments
Table 56. NISSIN ELECTRIC Basic Information List
Table 57. NISSIN ELECTRIC Description and Business Overview
Table 58. NISSIN ELECTRIC Power Factor Correction Devices Products, Services and Solutions
Table 59. Revenue (US$ Million) in Power Factor Correction Devices Business of NISSIN ELECTRIC (2020-2025)
Table 60. NISSIN ELECTRIC Recent Developments
Table 61. Guilin Power Capacitor Basic Information List
Table 62. Guilin Power Capacitor Description and Business Overview
Table 63. Guilin Power Capacitor Power Factor Correction Devices Products, Services and Solutions
Table 64. Revenue (US$ Million) in Power Factor Correction Devices Business of Guilin Power Capacitor (2020-2025)
Table 65. Guilin Power Capacitor Recent Developments
Table 66. Hubbell Basic Information List
Table 67. Hubbell Description and Business Overview
Table 68. Hubbell Power Factor Correction Devices Products, Services and Solutions
Table 69. Revenue (US$ Million) in Power Factor Correction Devices Business of Hubbell (2020-2025)
Table 70. Hubbell Recent Developments
Table 71. Xian XD Power Basic Information List
Table 72. Xian XD Power Description and Business Overview
Table 73. Xian XD Power Power Factor Correction Devices Products, Services and Solutions
Table 74. Revenue (US$ Million) in Power Factor Correction Devices Business of Xian XD Power (2020-2025)
Table 75. Xian XD Power Recent Developments
Table 76. Herong Electric Basic Information List
Table 77. Herong Electric Description and Business Overview
Table 78. Herong Electric Power Factor Correction Devices Products, Services and Solutions
Table 79. Revenue (US$ Million) in Power Factor Correction Devices Business of Herong Electric (2020-2025)
Table 80. Herong Electric Recent Developments
Table 81. Shizuki Electric Basic Information List
Table 82. Shizuki Electric Description and Business Overview
Table 83. Shizuki Electric Power Factor Correction Devices Products, Services and Solutions
Table 84. Revenue (US$ Million) in Power Factor Correction Devices Business of Shizuki Electric (2020-2025)
Table 85. Shizuki Electric Recent Developments
Table 86. Sieyuan Electric Basic Information List
Table 87. Sieyuan Electric Description and Business Overview
Table 88. Sieyuan Electric Power Factor Correction Devices Products, Services and Solutions
Table 89. Revenue (US$ Million) in Power Factor Correction Devices Business of Sieyuan Electric (2020-2025)
Table 90. Sieyuan Electric Recent Developments
Table 91. Socomec Basic Information List
Table 92. Socomec Description and Business Overview
Table 93. Socomec Power Factor Correction Devices Products, Services and Solutions
Table 94. Revenue (US$ Million) in Power Factor Correction Devices Business of Socomec (2020-2025)
Table 95. Socomec Recent Developments
Table 96. Rongxin Power Electronic Basic Information List
Table 97. Rongxin Power Electronic Description and Business Overview
Table 98. Rongxin Power Electronic Power Factor Correction Devices Products, Services and Solutions
Table 99. Revenue (US$ Million) in Power Factor Correction Devices Business of Rongxin Power Electronic (2020-2025)
Table 100. Rongxin Power Electronic Recent Developments
Table 101. Ducati Energia Basic Information List
Table 102. Ducati Energia Description and Business Overview
Table 103. Ducati Energia Power Factor Correction Devices Products, Services and Solutions
Table 104. Revenue (US$ Million) in Power Factor Correction Devices Business of Ducati Energia (2020-2025)
Table 105. Ducati Energia Recent Developments
Table 106. Iskra Basic Information List
Table 107. Iskra Description and Business Overview
Table 108. Iskra Power Factor Correction Devices Products, Services and Solutions
Table 109. Revenue (US$ Million) in Power Factor Correction Devices Business of Iskra (2020-2025)
Table 110. Iskra Recent Developments
Table 111. ICAR SpA Basic Information List
Table 112. ICAR SpA Description and Business Overview
Table 113. ICAR SpA Power Factor Correction Devices Products, Services and Solutions
Table 114. Revenue (US$ Million) in Power Factor Correction Devices Business of ICAR SpA (2020-2025)
Table 115. ICAR SpA Recent Developments
Table 116. FRAKO Basic Information List
Table 117. FRAKO Description and Business Overview
Table 118. FRAKO Power Factor Correction Devices Products, Services and Solutions
Table 119. Revenue (US$ Million) in Power Factor Correction Devices Business of FRAKO (2020-2025)
Table 120. FRAKO Recent Developments
Table 121. AF Switchgear Basic Information List
Table 122. AF Switchgear Description and Business Overview
Table 123. AF Switchgear Power Factor Correction Devices Products, Services and Solutions
Table 124. Revenue (US$ Million) in Power Factor Correction Devices Business of AF Switchgear (2020-2025)
Table 125. AF Switchgear Recent Developments
Table 126. LOVATO Electric Basic Information List
Table 127. LOVATO Electric Description and Business Overview
Table 128. LOVATO Electric Power Factor Correction Devices Products, Services and Solutions
Table 129. Revenue (US$ Million) in Power Factor Correction Devices Business of LOVATO Electric (2020-2025)
Table 130. LOVATO Electric Recent Developments
Table 131. WEG Basic Information List
Table 132. WEG Description and Business Overview
Table 133. WEG Power Factor Correction Devices Products, Services and Solutions
Table 134. Revenue (US$ Million) in Power Factor Correction Devices Business of WEG (2020-2025)
Table 135. WEG Recent Developments
Table 136. Johnson & Phillips Basic Information List
Table 137. Johnson & Phillips Description and Business Overview
Table 138. Johnson & Phillips Power Factor Correction Devices Products, Services and Solutions
Table 139. Revenue (US$ Million) in Power Factor Correction Devices Business of Johnson & Phillips (2020-2025)
Table 140. Johnson & Phillips Recent Developments
Table 141. COMAR Condensatori SpA Basic Information List
Table 142. COMAR Condensatori SpA Description and Business Overview
Table 143. COMAR Condensatori SpA Power Factor Correction Devices Products, Services and Solutions
Table 144. Revenue (US$ Million) in Power Factor Correction Devices Business of COMAR Condensatori SpA (2020-2025)
Table 145. COMAR Condensatori SpA Recent Developments
Table 146. Power Capacitors Ltd Basic Information List
Table 147. Power Capacitors Ltd Description and Business Overview
Table 148. Power Capacitors Ltd Power Factor Correction Devices Products, Services and Solutions
Table 149. Revenue (US$ Million) in Power Factor Correction Devices Business of Power Capacitors Ltd (2020-2025)
Table 150. Power Capacitors Ltd Recent Developments
Table 151. Ampcontrol Basic Information List
Table 152. Ampcontrol Description and Business Overview
Table 153. Ampcontrol Power Factor Correction Devices Products, Services and Solutions
Table 154. Revenue (US$ Million) in Power Factor Correction Devices Business of Ampcontrol (2020-2025)
Table 155. Ampcontrol Recent Developments
Table 156. Fuji Electric Basic Information List
Table 157. Fuji Electric Description and Business Overview
Table 158. Fuji Electric Power Factor Correction Devices Products, Services and Solutions
Table 159. Revenue (US$ Million) in Power Factor Correction Devices Business of Fuji Electric (2020-2025)
Table 160. Fuji Electric Recent Developments
Table 161. Shindengen Electric Manufacturing Co., Ltd. Basic Information List
Table 162. Shindengen Electric Manufacturing Co., Ltd. Description and Business Overview
Table 163. Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Products, Services and Solutions
Table 164. Revenue (US$ Million) in Power Factor Correction Devices Business of Shindengen Electric Manufacturing Co., Ltd. (2020-2025)
Table 165. Shindengen Electric Manufacturing Co., Ltd. Recent Developments
Table 166. NICHICON CORPORATION Basic Information List
Table 167. NICHICON CORPORATION Description and Business Overview
Table 168. NICHICON CORPORATION Power Factor Correction Devices Products, Services and Solutions
Table 169. Revenue (US$ Million) in Power Factor Correction Devices Business of NICHICON CORPORATION (2020-2025)
Table 170. NICHICON CORPORATION Recent Developments
Table 171. KEMET Electronics Basic Information List
Table 172. KEMET Electronics Description and Business Overview
Table 173. KEMET Electronics Power Factor Correction Devices Products, Services and Solutions
Table 174. Revenue (US$ Million) in Power Factor Correction Devices Business of KEMET Electronics (2020-2025)
Table 175. KEMET Electronics Recent Developments
Table 176. Mitsubishi Electric Corporation Basic Information List
Table 177. Mitsubishi Electric Corporation Description and Business Overview
Table 178. Mitsubishi Electric Corporation Power Factor Correction Devices Products, Services and Solutions
Table 179. Revenue (US$ Million) in Power Factor Correction Devices Business of Mitsubishi Electric Corporation (2020-2025)
Table 180. Mitsubishi Electric Corporation Recent Developments
Table 181. Key Raw Materials Lists
Table 182. Raw Materials Key Suppliers Lists
Table 183. Power Factor Correction Devices Downstream Customers
Table 184. Power Factor Correction Devices Distributors List
Table 185. Research Programs/Design for This Report
Table 186. Key Data Information from Secondary Sources
Table 187. Key Data Information from Primary Sources
Table 188. Business Unit and Senior & Team Lead Analysts
List of Figures
Figure 1. Power Factor Correction Devices Product Picture
Figure 2. Global Power Factor Correction Devices Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Power Factor Correction Devices Sales Value (2020-2031) & (US$ Million)
Figure 4. Power Factor Correction Devices Report Years Considered
Figure 5. Global Power Factor Correction Devices Players Revenue Ranking (2024) & (US$ Million)
Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Power Factor Correction Devices Revenue in 2024
Figure 7. Power Factor Correction Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 8. Power Capacitor Picture
Figure 9. AC Reactor Picture
Figure 10. Active Power Filter Picture
Figure 11. Others Picture
Figure 12. Global Power Factor Correction Devices Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 13. Global Power Factor Correction Devices Sales Value Market Share by Type, 2024 & 2031
Figure 14. Product Picture of Commercial Utility
Figure 15. Product Picture of Industrial Utility
Figure 16. Product Picture of Public Power Supply
Figure 17. Global Power Factor Correction Devices Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 18. Global Power Factor Correction Devices Sales Value Market Share by Application, 2024 & 2031
Figure 19. North America Power Factor Correction Devices Sales Value (2020-2031) & (US$ Million)
Figure 20. North America Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
Figure 21. Europe Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 22. Europe Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
Figure 23. Asia Pacific Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 24. Asia Pacific Power Factor Correction Devices Sales Value by Region (%), 2024 VS 2031
Figure 25. South America Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 26. South America Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
Figure 27. Middle East & Africa Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 28. Middle East & Africa Power Factor Correction Devices Sales Value by Country (%), 2024 VS 2031
Figure 29. Key Countries/Regions Power Factor Correction Devices Sales Value (%), (2020-2031)
Figure 30. United States Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 31. United States Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 32. United States Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 33. Europe Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 34. Europe Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 35. Europe Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 36. China Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 37. China Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 38. China Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 39. Japan Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 40. Japan Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 41. Japan Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 42. South Korea Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 43. South Korea Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 44. South Korea Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 45. Southeast Asia Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 46. Southeast Asia Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 47. Southeast Asia Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 48. India Power Factor Correction Devices Sales Value, (2020-2031) & (US$ Million)
Figure 49. India Power Factor Correction Devices Sales Value by Type (%), 2024 VS 2031
Figure 50. India Power Factor Correction Devices Sales Value by Application (%), 2024 VS 2031
Figure 51. Power Factor Correction Devices Industrial Chain
Figure 52. Power Factor Correction Devices Manufacturing Cost Structure
Figure 53. Channels of Distribution (Direct Sales, and Distribution)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Power Factor Correction Devices in 2025?
The global market size of Power Factor Correction Devices in 2025 was 7762 Million USD.
What was the global market size of Power Factor Correction Devices in 2031?
Which companies rank high in the global Power Factor Correction Devices market?
What is the annual compound growth rate of the global Power Factor Correction Devices market size from 2025 to 2031?
Which region is expected to have the highest market share?
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