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Global Power Factor Correction Devices Market Outlook, In‑Depth Analysis & Forecast to 2031
Industry: Machinery & Equipment
Published Date: 2025-09-11
Pages: 177 Pages
Report ld: 5043674
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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 Power Factor Correction Devices market is projected to grow from US$ 7421 million in 2024 to US$ 10460 million by 2031, at a CAGR of 5.1% (2025-2031), driven by critical product segments and diverse end‑use applications.
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.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Power Factor Correction Devices market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
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: Defines the Power Factor Correction Devices study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
Chapter 11: Profiles players in depth—details product specs, revenue, margins; Top-tier players 2024 sales breakdowns by Product type, by Application, by region SWOT analysis, and recent strategic developments.
Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 14: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
Market entry risks/opportunities by region
We identify regional market threats and growth prospects to guide your overseas layout.
Product mix optimization based on local practices
We adjust product portfolios in line with local consumption habits.
Competitor tactics in fragmented vs. consolidated markets
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
Full Research Coverage
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
19 Years Industry Expertise
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
24/7 Fast Report Delivery
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
Localized Strategic Analysis
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
Market entry risks/opportunities by region
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
Market entry risks/opportunities by region
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Power Factor Correction Devices: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Power Factor Correction Devices Market Size 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 Segmentation by Application
1.3.1 Global Power Factor Correction Devices Market Size 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 Executive Summary
2.1 Global Power Factor Correction Devices Revenue Estimates and Forecasts 2020-2031
2.2 Global Power Factor Correction Devices Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Power Factor Correction Devices Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Power Factor Correction Devices Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Power Capacitor Market Size by Players
3.3.2 AC Reactor Market Size by Players
3.3.3 Active Power Filter Market Size by Players
3.3.4 Others Market Size by Players
3.4 Global Power Factor Correction Devices Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Power Factor Correction Devices Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Power Factor Correction Devices Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Power Factor Correction Devices Market Size by Type (2020-2031)
6.4 North America Power Factor Correction Devices Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Power Factor Correction Devices Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Power Factor Correction Devices Market Size by Type (2020-2031)
7.4 Europe Power Factor Correction Devices Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Power Factor Correction Devices Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Power Factor Correction Devices Market Size by Type (2020-2031)
8.4 Asia-Pacific Power Factor Correction Devices Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Power Factor Correction Devices Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Power Factor Correction Devices Market Size by Type (2020-2031)
9.4 Central and South America Power Factor Correction Devices Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Power Factor Correction Devices Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Power Factor Correction Devices Market Size by Type (2020-2031)
10.4 Middle East and Africa Power Factor Correction Devices Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Power Factor Correction Devices Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 ABB
11.1.1 ABB Corporation Information
11.1.2 ABB Business Overview
11.1.3 ABB Power Factor Correction Devices Product Features and Attributes
11.1.4 ABB Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.1.5 ABB Power Factor Correction Devices Revenue by Product in 2024
11.1.6 ABB Power Factor Correction Devices Revenue by Application in 2024
11.1.7 ABB Power Factor Correction Devices Revenue by Geographic Area in 2024
11.1.8 ABB Power Factor Correction Devices SWOT Analysis
11.1.9 ABB Recent Developments
11.2 Schneider
11.2.1 Schneider Corporation Information
11.2.2 Schneider Business Overview
11.2.3 Schneider Power Factor Correction Devices Product Features and Attributes
11.2.4 Schneider Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.2.5 Schneider Power Factor Correction Devices Revenue by Product in 2024
11.2.6 Schneider Power Factor Correction Devices Revenue by Application in 2024
11.2.7 Schneider Power Factor Correction Devices Revenue by Geographic Area in 2024
11.2.8 Schneider Power Factor Correction Devices SWOT Analysis
11.2.9 Schneider Recent Developments
11.3 Siemens
11.3.1 Siemens Corporation Information
11.3.2 Siemens Business Overview
11.3.3 Siemens Power Factor Correction Devices Product Features and Attributes
11.3.4 Siemens Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.3.5 Siemens Power Factor Correction Devices Revenue by Product in 2024
11.3.6 Siemens Power Factor Correction Devices Revenue by Application in 2024
11.3.7 Siemens Power Factor Correction Devices Revenue by Geographic Area in 2024
11.3.8 Siemens Power Factor Correction Devices SWOT Analysis
11.3.9 Siemens Recent Developments
11.4 Eaton
11.4.1 Eaton Corporation Information
11.4.2 Eaton Business Overview
11.4.3 Eaton Power Factor Correction Devices Product Features and Attributes
11.4.4 Eaton Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.4.5 Eaton Power Factor Correction Devices Revenue by Product in 2024
11.4.6 Eaton Power Factor Correction Devices Revenue by Application in 2024
11.4.7 Eaton Power Factor Correction Devices Revenue by Geographic Area in 2024
11.4.8 Eaton Power Factor Correction Devices SWOT Analysis
11.4.9 Eaton Recent Developments
11.5 GE Grid Solutions
11.5.1 GE Grid Solutions Corporation Information
11.5.2 GE Grid Solutions Business Overview
11.5.3 GE Grid Solutions Power Factor Correction Devices Product Features and Attributes
11.5.4 GE Grid Solutions Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.5.5 GE Grid Solutions Power Factor Correction Devices Revenue by Product in 2024
11.5.6 GE Grid Solutions Power Factor Correction Devices Revenue by Application in 2024
11.5.7 GE Grid Solutions Power Factor Correction Devices Revenue by Geographic Area in 2024
11.5.8 GE Grid Solutions Power Factor Correction Devices SWOT Analysis
11.5.9 GE Grid Solutions Recent Developments
11.6 NISSIN ELECTRIC
11.6.1 NISSIN ELECTRIC Corporation Information
11.6.2 NISSIN ELECTRIC Business Overview
11.6.3 NISSIN ELECTRIC Power Factor Correction Devices Product Features and Attributes
11.6.4 NISSIN ELECTRIC Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.6.5 NISSIN ELECTRIC Recent Developments
11.7 Guilin Power Capacitor
11.7.1 Guilin Power Capacitor Corporation Information
11.7.2 Guilin Power Capacitor Business Overview
11.7.3 Guilin Power Capacitor Power Factor Correction Devices Product Features and Attributes
11.7.4 Guilin Power Capacitor Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.7.5 Guilin Power Capacitor Recent Developments
11.8 Hubbell
11.8.1 Hubbell Corporation Information
11.8.2 Hubbell Business Overview
11.8.3 Hubbell Power Factor Correction Devices Product Features and Attributes
11.8.4 Hubbell Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.8.5 Hubbell Recent Developments
11.9 Xian XD Power
11.9.1 Xian XD Power Corporation Information
11.9.2 Xian XD Power Business Overview
11.9.3 Xian XD Power Power Factor Correction Devices Product Features and Attributes
11.9.4 Xian XD Power Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.9.5 Xian XD Power Recent Developments
11.10 Herong Electric
11.10.1 Herong Electric Corporation Information
11.10.2 Herong Electric Business Overview
11.10.3 Herong Electric Power Factor Correction Devices Product Features and Attributes
11.10.4 Herong Electric Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 Shizuki Electric
11.11.1 Shizuki Electric Corporation Information
11.11.2 Shizuki Electric Business Overview
11.11.3 Shizuki Electric Power Factor Correction Devices Product Features and Attributes
11.11.4 Shizuki Electric Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.11.5 Shizuki Electric Recent Developments
11.12 Sieyuan Electric
11.12.1 Sieyuan Electric Corporation Information
11.12.2 Sieyuan Electric Business Overview
11.12.3 Sieyuan Electric Power Factor Correction Devices Product Features and Attributes
11.12.4 Sieyuan Electric Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.12.5 Sieyuan Electric Recent Developments
11.13 Socomec
11.13.1 Socomec Corporation Information
11.13.2 Socomec Business Overview
11.13.3 Socomec Power Factor Correction Devices Product Features and Attributes
11.13.4 Socomec Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.13.5 Socomec Recent Developments
11.14 Rongxin Power Electronic
11.14.1 Rongxin Power Electronic Corporation Information
11.14.2 Rongxin Power Electronic Business Overview
11.14.3 Rongxin Power Electronic Power Factor Correction Devices Product Features and Attributes
11.14.4 Rongxin Power Electronic Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.14.5 Rongxin Power Electronic Recent Developments
11.15 Ducati Energia
11.15.1 Ducati Energia Corporation Information
11.15.2 Ducati Energia Business Overview
11.15.3 Ducati Energia Power Factor Correction Devices Product Features and Attributes
11.15.4 Ducati Energia Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.15.5 Ducati Energia Recent Developments
11.16 Iskra
11.16.1 Iskra Corporation Information
11.16.2 Iskra Business Overview
11.16.3 Iskra Power Factor Correction Devices Product Features and Attributes
11.16.4 Iskra Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.16.5 Iskra Recent Developments
11.17 ICAR SpA
11.17.1 ICAR SpA Corporation Information
11.17.2 ICAR SpA Business Overview
11.17.3 ICAR SpA Power Factor Correction Devices Product Features and Attributes
11.17.4 ICAR SpA Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.17.5 ICAR SpA Recent Developments
11.18 FRAKO
11.18.1 FRAKO Corporation Information
11.18.2 FRAKO Business Overview
11.18.3 FRAKO Power Factor Correction Devices Product Features and Attributes
11.18.4 FRAKO Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.18.5 FRAKO Recent Developments
11.19 AF Switchgear
11.19.1 AF Switchgear Corporation Information
11.19.2 AF Switchgear Business Overview
11.19.3 AF Switchgear Power Factor Correction Devices Product Features and Attributes
11.19.4 AF Switchgear Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.19.5 AF Switchgear Recent Developments
11.20 LOVATO Electric
11.20.1 LOVATO Electric Corporation Information
11.20.2 LOVATO Electric Business Overview
11.20.3 LOVATO Electric Power Factor Correction Devices Product Features and Attributes
11.20.4 LOVATO Electric Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.20.5 LOVATO Electric Recent Developments
11.21 WEG
11.21.1 WEG Corporation Information
11.21.2 WEG Business Overview
11.21.3 WEG Power Factor Correction Devices Product Features and Attributes
11.21.4 WEG Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.21.5 WEG Recent Developments
11.22 Johnson & Phillips
11.22.1 Johnson & Phillips Corporation Information
11.22.2 Johnson & Phillips Business Overview
11.22.3 Johnson & Phillips Power Factor Correction Devices Product Features and Attributes
11.22.4 Johnson & Phillips Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.22.5 Johnson & Phillips Recent Developments
11.23 COMAR Condensatori SpA
11.23.1 COMAR Condensatori SpA Corporation Information
11.23.2 COMAR Condensatori SpA Business Overview
11.23.3 COMAR Condensatori SpA Power Factor Correction Devices Product Features and Attributes
11.23.4 COMAR Condensatori SpA Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.23.5 COMAR Condensatori SpA Recent Developments
11.24 Power Capacitors Ltd
11.24.1 Power Capacitors Ltd Corporation Information
11.24.2 Power Capacitors Ltd Business Overview
11.24.3 Power Capacitors Ltd Power Factor Correction Devices Product Features and Attributes
11.24.4 Power Capacitors Ltd Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.24.5 Power Capacitors Ltd Recent Developments
11.25 Ampcontrol
11.25.1 Ampcontrol Corporation Information
11.25.2 Ampcontrol Business Overview
11.25.3 Ampcontrol Power Factor Correction Devices Product Features and Attributes
11.25.4 Ampcontrol Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.25.5 Ampcontrol Recent Developments
11.26 Fuji Electric
11.26.1 Fuji Electric Corporation Information
11.26.2 Fuji Electric Business Overview
11.26.3 Fuji Electric Power Factor Correction Devices Product Features and Attributes
11.26.4 Fuji Electric Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.26.5 Fuji Electric Recent Developments
11.27 Shindengen Electric Manufacturing Co., Ltd.
11.27.1 Shindengen Electric Manufacturing Co., Ltd. Corporation Information
11.27.2 Shindengen Electric Manufacturing Co., Ltd. Business Overview
11.27.3 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Product Features and Attributes
11.27.4 Shindengen Electric Manufacturing Co., Ltd. Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.27.5 Shindengen Electric Manufacturing Co., Ltd. Recent Developments
11.28 NICHICON CORPORATION
11.28.1 NICHICON CORPORATION Corporation Information
11.28.2 NICHICON CORPORATION Business Overview
11.28.3 NICHICON CORPORATION Power Factor Correction Devices Product Features and Attributes
11.28.4 NICHICON CORPORATION Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.28.5 NICHICON CORPORATION Recent Developments
11.29 KEMET Electronics
11.29.1 KEMET Electronics Corporation Information
11.29.2 KEMET Electronics Business Overview
11.29.3 KEMET Electronics Power Factor Correction Devices Product Features and Attributes
11.29.4 KEMET Electronics Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.29.5 KEMET Electronics Recent Developments
11.30 Mitsubishi Electric Corporation
11.30.1 Mitsubishi Electric Corporation Corporation Information
11.30.2 Mitsubishi Electric Corporation Business Overview
11.30.3 Mitsubishi Electric Corporation Power Factor Correction Devices Product Features and Attributes
11.30.4 Mitsubishi Electric Corporation Power Factor Correction Devices Revenue and Gross Margin (2020-2025)
11.30.5 Mitsubishi Electric Corporation Recent Developments
12 Power Factor Correction DevicesIndustry Chain Analysis
12.1 Power Factor Correction Devices Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Power Factor Correction Devices Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Power Factor Correction Devices Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
TABLE OF FIGURES
List of Tables
Table 1. Global Power Factor Correction Devices Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Table 2. Global Power Factor Correction Devices Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Table 3. Global Power Factor Correction Devices Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 4. Global Power Factor Correction Devices Revenue by Region (2020-2025) & (US$ Million)
Table 5. Global Power Factor Correction Devices Revenue by Region (2026-2031) & (US$ Million)
Table 6. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 7. Global Power Factor Correction Devices Revenue by Players (2020-2025) & (US$ Million)
Table 8. Global Power Factor Correction Devices Revenue Market Share by Players (2020-2025)
Table 9. Global Key Players’Ranking Shift (2023 vs. 2024) (Based on Revenue)
Table 10. Global Power Factor Correction Devices by Player Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Factor Correction Devices as of 2024)
Table 11. Global Power Factor Correction Devices Average Gross Margin (%) by Player (2020 VS 2024)
Table 12. Global Power Factor Correction Devices Companies Headquarters
Table 13. Global Power Factor Correction Devices Market Concentration Ratio (CR5 and HHI)
Table 14. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
Table 15. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
Table 16. Global Power Factor Correction Devices Revenue by Type (2020-2025) & (US$ Million)
Table 17. Global Power Factor Correction Devices Revenue by Type (2026-2031) & (US$ Million)
Table 18. Key Product Attributes and Differentiation
Table 19. Global Power Factor Correction Devices Revenue by Application (2020-2025) & (US$ Million)
Table 20. Global Power Factor Correction Devices Revenue by Application (2026-2031) & (US$ Million)
Table 21. Power Factor Correction Devices High-Growth Sectors Demand CAGR (2024-2031)
Table 22. Top Customers by Region
Table 23. Top Customers by Application
Table 24. North America Power Factor Correction Devices Growth Accelerators and Market Barriers
Table 25. North America Power Factor Correction Devices Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 26. Europe Power Factor Correction Devices Growth Accelerators and Market Barriers
Table 27. Europe Power Factor Correction Devices Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 28. Asia-Pacific Power Factor Correction Devices Growth Accelerators and Market Barriers
Table 29. Asia-Pacific Power Factor Correction Devices Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 30. Central and South America Power Factor Correction Devices Investment Opportunities and Key Challenges
Table 31. Central and South America Power Factor Correction Devices Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 32. Middle East and Africa Power Factor Correction Devices Investment Opportunities and Key Challenges
Table 33. Middle East and Africa Power Factor Correction Devices Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 34. ABB Corporation Information
Table 35. ABB Description and Major Businesses
Table 36. ABB Product Features and Attributes
Table 37. ABB Revenue (US$ Million) and Gross Margin (2020-2025)
Table 38. ABB Revenue Proportion by Product in 2024
Table 39. ABB Revenue Proportion by Application in 2024
Table 40. ABB Revenue Proportion by Geographic Area in 2024
Table 41. ABB Power Factor Correction Devices SWOT Analysis
Table 42. ABB Recent Developments
Table 43. Schneider Corporation Information
Table 44. Schneider Description and Major Businesses
Table 45. Schneider Product Features and Attributes
Table 46. Schneider Revenue (US$ Million) and Gross Margin (2020-2025)
Table 47. Schneider Revenue Proportion by Product in 2024
Table 48. Schneider Revenue Proportion by Application in 2024
Table 49. Schneider Revenue Proportion by Geographic Area in 2024
Table 50. Schneider Power Factor Correction Devices SWOT Analysis
Table 51. Schneider Recent Developments
Table 52. Siemens Corporation Information
Table 53. Siemens Description and Major Businesses
Table 54. Siemens Product Features and Attributes
Table 55. Siemens Revenue (US$ Million) and Gross Margin (2020-2025)
Table 56. Siemens Revenue Proportion by Product in 2024
Table 57. Siemens Revenue Proportion by Application in 2024
Table 58. Siemens Revenue Proportion by Geographic Area in 2024
Table 59. Siemens Power Factor Correction Devices SWOT Analysis
Table 60. Siemens Recent Developments
Table 61. Eaton Corporation Information
Table 62. Eaton Description and Major Businesses
Table 63. Eaton Product Features and Attributes
Table 64. Eaton Revenue (US$ Million) and Gross Margin (2020-2025)
Table 65. Eaton Revenue Proportion by Product in 2024
Table 66. Eaton Revenue Proportion by Application in 2024
Table 67. Eaton Revenue Proportion by Geographic Area in 2024
Table 68. Eaton Power Factor Correction Devices SWOT Analysis
Table 69. Eaton Recent Developments
Table 70. GE Grid Solutions Corporation Information
Table 71. GE Grid Solutions Description and Major Businesses
Table 72. GE Grid Solutions Product Features and Attributes
Table 73. GE Grid Solutions Revenue (US$ Million) and Gross Margin (2020-2025)
Table 74. GE Grid Solutions Revenue Proportion by Product in 2024
Table 75. GE Grid Solutions Revenue Proportion by Application in 2024
Table 76. GE Grid Solutions Revenue Proportion by Geographic Area in 2024
Table 77. GE Grid Solutions Power Factor Correction Devices SWOT Analysis
Table 78. GE Grid Solutions Recent Developments
Table 79. NISSIN ELECTRIC Corporation Information
Table 80. NISSIN ELECTRIC Description and Major Businesses
Table 81. NISSIN ELECTRIC Product Features and Attributes
Table 82. NISSIN ELECTRIC Revenue (US$ Million) and Gross Margin (2020-2025)
Table 83. NISSIN ELECTRIC Recent Developments
Table 84. Guilin Power Capacitor Corporation Information
Table 85. Guilin Power Capacitor Description and Major Businesses
Table 86. Guilin Power Capacitor Product Features and Attributes
Table 87. Guilin Power Capacitor Revenue (US$ Million) and Gross Margin (2020-2025)
Table 88. Guilin Power Capacitor Recent Developments
Table 89. Hubbell Corporation Information
Table 90. Hubbell Description and Major Businesses
Table 91. Hubbell Product Features and Attributes
Table 92. Hubbell Revenue (US$ Million) and Gross Margin (2020-2025)
Table 93. Hubbell Recent Developments
Table 94. Xian XD Power Corporation Information
Table 95. Xian XD Power Description and Major Businesses
Table 96. Xian XD Power Product Features and Attributes
Table 97. Xian XD Power Revenue (US$ Million) and Gross Margin (2020-2025)
Table 98. Xian XD Power Recent Developments
Table 99. Herong Electric Corporation Information
Table 100. Herong Electric Description and Major Businesses
Table 101. Herong Electric Product Features and Attributes
Table 102. Herong Electric Revenue (US$ Million) and Gross Margin (2020-2025)
Table 103. Herong Electric Recent Developments
Table 104. Shizuki Electric Corporation Information
Table 105. Shizuki Electric Description and Major Businesses
Table 106. Shizuki Electric Product Features and Attributes
Table 107. Shizuki Electric Revenue (US$ Million) and Gross Margin (2020-2025)
Table 108. Shizuki Electric Recent Developments
Table 109. Sieyuan Electric Corporation Information
Table 110. Sieyuan Electric Description and Major Businesses
Table 111. Sieyuan Electric Product Features and Attributes
Table 112. Sieyuan Electric Revenue (US$ Million) and Gross Margin (2020-2025)
Table 113. Sieyuan Electric Recent Developments
Table 114. Socomec Corporation Information
Table 115. Socomec Description and Major Businesses
Table 116. Socomec Product Features and Attributes
Table 117. Socomec Revenue (US$ Million) and Gross Margin (2020-2025)
Table 118. Socomec Recent Developments
Table 119. Rongxin Power Electronic Corporation Information
Table 120. Rongxin Power Electronic Description and Major Businesses
Table 121. Rongxin Power Electronic Product Features and Attributes
Table 122. Rongxin Power Electronic Revenue (US$ Million) and Gross Margin (2020-2025)
Table 123. Rongxin Power Electronic Recent Developments
Table 124. Ducati Energia Corporation Information
Table 125. Ducati Energia Description and Major Businesses
Table 126. Ducati Energia Product Features and Attributes
Table 127. Ducati Energia Revenue (US$ Million) and Gross Margin (2020-2025)
Table 128. Ducati Energia Recent Developments
Table 129. Iskra Corporation Information
Table 130. Iskra Description and Major Businesses
Table 131. Iskra Product Features and Attributes
Table 132. Iskra Revenue (US$ Million) and Gross Margin (2020-2025)
Table 133. Iskra Recent Developments
Table 134. ICAR SpA Corporation Information
Table 135. ICAR SpA Description and Major Businesses
Table 136. ICAR SpA Product Features and Attributes
Table 137. ICAR SpA Revenue (US$ Million) and Gross Margin (2020-2025)
Table 138. ICAR SpA Recent Developments
Table 139. FRAKO Corporation Information
Table 140. FRAKO Description and Major Businesses
Table 141. FRAKO Product Features and Attributes
Table 142. FRAKO Revenue (US$ Million) and Gross Margin (2020-2025)
Table 143. FRAKO Recent Developments
Table 144. AF Switchgear Corporation Information
Table 145. AF Switchgear Description and Major Businesses
Table 146. AF Switchgear Product Features and Attributes
Table 147. AF Switchgear Revenue (US$ Million) and Gross Margin (2020-2025)
Table 148. AF Switchgear Recent Developments
Table 149. LOVATO Electric Corporation Information
Table 150. LOVATO Electric Description and Major Businesses
Table 151. LOVATO Electric Product Features and Attributes
Table 152. LOVATO Electric Revenue (US$ Million) and Gross Margin (2020-2025)
Table 153. LOVATO Electric Recent Developments
Table 154. WEG Corporation Information
Table 155. WEG Description and Major Businesses
Table 156. WEG Product Features and Attributes
Table 157. WEG Revenue (US$ Million) and Gross Margin (2020-2025)
Table 158. WEG Recent Developments
Table 159. Johnson & Phillips Corporation Information
Table 160. Johnson & Phillips Description and Major Businesses
Table 161. Johnson & Phillips Product Features and Attributes
Table 162. Johnson & Phillips Revenue (US$ Million) and Gross Margin (2020-2025)
Table 163. Johnson & Phillips Recent Developments
Table 164. COMAR Condensatori SpA Corporation Information
Table 165. COMAR Condensatori SpA Description and Major Businesses
Table 166. COMAR Condensatori SpA Product Features and Attributes
Table 167. COMAR Condensatori SpA Revenue (US$ Million) and Gross Margin (2020-2025)
Table 168. COMAR Condensatori SpA Recent Developments
Table 169. Power Capacitors Ltd Corporation Information
Table 170. Power Capacitors Ltd Description and Major Businesses
Table 171. Power Capacitors Ltd Product Features and Attributes
Table 172. Power Capacitors Ltd Revenue (US$ Million) and Gross Margin (2020-2025)
Table 173. Power Capacitors Ltd Recent Developments
Table 174. Ampcontrol Corporation Information
Table 175. Ampcontrol Description and Major Businesses
Table 176. Ampcontrol Product Features and Attributes
Table 177. Ampcontrol Revenue (US$ Million) and Gross Margin (2020-2025)
Table 178. Ampcontrol Recent Developments
Table 179. Fuji Electric Corporation Information
Table 180. Fuji Electric Description and Major Businesses
Table 181. Fuji Electric Product Features and Attributes
Table 182. Fuji Electric Revenue (US$ Million) and Gross Margin (2020-2025)
Table 183. Fuji Electric Recent Developments
Table 184. Shindengen Electric Manufacturing Co., Ltd. Corporation Information
Table 185. Shindengen Electric Manufacturing Co., Ltd. Description and Major Businesses
Table 186. Shindengen Electric Manufacturing Co., Ltd. Product Features and Attributes
Table 187. Shindengen Electric Manufacturing Co., Ltd. Revenue (US$ Million) and Gross Margin (2020-2025)
Table 188. Shindengen Electric Manufacturing Co., Ltd. Recent Developments
Table 189. NICHICON CORPORATION Corporation Information
Table 190. NICHICON CORPORATION Description and Major Businesses
Table 191. NICHICON CORPORATION Product Features and Attributes
Table 192. NICHICON CORPORATION Revenue (US$ Million) and Gross Margin (2020-2025)
Table 193. NICHICON CORPORATION Recent Developments
Table 194. KEMET Electronics Corporation Information
Table 195. KEMET Electronics Description and Major Businesses
Table 196. KEMET Electronics Product Features and Attributes
Table 197. KEMET Electronics Revenue (US$ Million) and Gross Margin (2020-2025)
Table 198. KEMET Electronics Recent Developments
Table 199. Mitsubishi Electric Corporation Corporation Information
Table 200. Mitsubishi Electric Corporation Description and Major Businesses
Table 201. Mitsubishi Electric Corporation Product Features and Attributes
Table 202. Mitsubishi Electric Corporation Revenue (US$ Million) and Gross Margin (2020-2025)
Table 203. Mitsubishi Electric Corporation Recent Developments
Table 204. Raw Materials Key Suppliers
Table 205. Distributors List
Table 206. Market Trends and Market Evolution
Table 207. Market Drivers and Opportunities
Table 208. Market Challenges, Risks, and Restraints
Table 209. Research Programs/Design for This Report
Table 210. Key Data Information from Secondary Sources
Table 211. Key Data Information from Primary Sources
List of Figures
Figure 1. Power Factor Correction Devices Product Picture
Figure 2. Global Power Factor Correction Devices Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Power Capacitor Product Picture
Figure 4. AC Reactor Product Picture
Figure 5. Active Power Filter Product Picture
Figure 6. Others Product Picture
Figure 7. Global Power Factor Correction Devices Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Figure 8. Commercial Utility
Figure 9. Industrial Utility
Figure 10. Public Power Supply
Figure 11. Power Factor Correction Devices Report Years Considered
Figure 12. Global Power Factor Correction Devices Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 14. Global Power Factor Correction Devices Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 15. Global Power Factor Correction Devices Revenue Market Share by Region (2020-2031)
Figure 16. Global Power Factor Correction Devices Revenue Market Share Ranking (2024)
Figure 17. Tier Distribution by Revenue Contribution (2020 VS 2024)
Figure 18. Power Capacitor Revenue Market Share by Player in 2024
Figure 19. AC Reactor Revenue Market Share by Player in 2024
Figure 20. Active Power Filter Revenue Market Share by Player in 2024
Figure 21. Others Revenue Market Share by Player in 2024
Figure 22. Global Power Factor Correction Devices Revenue Market Share by Type (2020-2031)
Figure 23. Global Power Factor Correction Devices Revenue Market Share by Application (2020-2031)
Figure 24. North America Power Factor Correction Devices Revenue YoY (2020-2031) & (US$ Million)
Figure 25. North America Top 5 Players Power Factor Correction Devices Revenue (US$ Million) in 2024
Figure 26. North America Power Factor Correction Devices Revenue (US$ Million) by Type (2020 - 2031)
Figure 27. North America Power Factor Correction Devices Revenue (US$ Million) by Application (2020-2031)
Figure 28. US Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 29. Canada Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 30. Mexico Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 31. Europe Power Factor Correction Devices Revenue YoY (2020-2031) & (US$ Million)
Figure 32. Europe Top 5 Players Power Factor Correction Devices Revenue (US$ Million) in 2024
Figure 33. Europe Power Factor Correction Devices Revenue (US$ Million) by Type (2020-2031)
Figure 34. Europe Power Factor Correction Devices Revenue (US$ Million) by Application (2020-2031)
Figure 35. Germany Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 36. France Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 37. U.K. Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 38. Italy Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 39. Russia Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 40. Asia-Pacific Power Factor Correction Devices Revenue YoY (2020-2031) & (US$ Million)
Figure 41. Asia-Pacific Top 8 Players Power Factor Correction Devices Revenue (US$ Million) in 2024
Figure 42. Asia-Pacific Power Factor Correction Devices Revenue (US$ Million) by Type (2020-2031)
Figure 43. Asia-Pacific Power Factor Correction Devices Revenue (US$ Million) by Application (2020-2031)
Figure 44. Indonesia Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 45. Japan Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 46. South Korea Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 47. Australia Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 48. India Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 49. Indonesia Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 50. Vietnam Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 51. Malaysia Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 52. Philippines Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 53. Singapore Power Factor Correction Devices Revenue (2020-2031) & (US$ Million)
Figure 54. Central and South America Power Factor Correction Devices Revenue YoY (2020-2031) & (US$ Million)
Figure 55. Central and South America Top 5 Players Power Factor Correction Devices Revenue (US$ Million) in 2024
Figure 56. Central and South America Power Factor Correction Devices Revenue (US$ Million) by Type (2020-2031)
Figure 57. Central and South America Power Factor Correction Devices Revenue (US$ Million) by Application (2020-2031)
Figure 58. Brazil Power Factor Correction Devices Revenue (2020-2025) & (US$ Million)
Figure 59. Argentina Power Factor Correction Devices Revenue (2020-2025) & (US$ Million)
Figure 60. Middle East and Africa Power Factor Correction Devices Revenue YoY (2020-2031) & (US$ Million)
Figure 61. Middle East and Africa Top 5 Players Power Factor Correction Devices Revenue (US$ Million) in 2024
Figure 62. South America Power Factor Correction Devices Revenue (US$ Million) by Type (2020-2031)
Figure 63. Middle East and Africa Power Factor Correction Devices Revenue (US$ Million) by Application (2020-2031)
Figure 64. GCC Countries Power Factor Correction Devices Revenue (2020-2025) & (US$ Million)
Figure 65. Israel Power Factor Correction Devices Revenue (2020-2025) & (US$ Million)
Figure 66. Egypt Power Factor Correction Devices Revenue (2020-2025) & (US$ Million)
Figure 67. South Africa Power Factor Correction Devices Revenue (2020-2025) & (US$ Million)
Figure 68. Power Factor Correction Devices Industry Chain Mapping
Figure 69. Channels of Distribution (Direct Vs Distribution)
Figure 70. Bottom-up and Top-down Approaches for This Report
Figure 71. Data Triangulation
Figure 72. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What is the annual compound growth rate of the global Power Factor Correction Devices market size from 2025 to 2031?
The annual compound growth rate of the global Power Factor Correction Devices market is 5.1% 2025 to 2031.
Which companies rank high in the global Power Factor Correction Devices market?
What was the global market size of Power Factor Correction Devices in 2031?
Which region is expected to have the highest market share?
What was the global market size of Power Factor Correction Devices in 2025?
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