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Power Factor Correction Devices - Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Industry: Machinery & Equipment
Published Date: 2026-01-04
Pages: 169 Pages
Report ld: 5494676
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Power Factor Correction Devices Market Size(US$)
CAGR 2026-2032
5.1%
Market Size,2032
USD 10,940
Million
Market Snapshot
Market Size in 2026 (Value)
US$ 8,118 million
Market Forecast in 2032(Value)
US$ 10,940 million
CAGR
5.1%
Years Considered
2021-2032
Base Year
2026
Forecast Period
2026-2032
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Power Factor Correction Devices was estimated to be worth US$ 7762 million in 2025 and is projected to reach US$ 10940 million, growing at a CAGR of 5.1% from 2026 to 2032.
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 provides a comprehensive view of the global market for Power Factor Correction Devices, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Power Factor Correction Devices market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate 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 scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the Power Factor Correction Devices companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Power Factor Correction Devices revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Power Factor Correction Devices revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value 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 (2021–2032)
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 & Opportunities
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 (2025)
2.2 Global Power Factor Correction Devices Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies Power Factor Correction Devices Product Offerings
2.5 Key Companies General Availability (GA) Timeline for Power Factor Correction Devices
2.6 Power Factor Correction Devices Market Competitive Analysis
2.6.1 Power Factor Correction Devices Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by Power Factor Correction Devices Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Power Factor Correction Devices revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation Power Factor Correction Devices Market Classification
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
3.1.5 Global Power Factor Correction Devices Sales Value by Type
3.1.5.1 Global Power Factor Correction Devices Sales Value by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Power Factor Correction Devices Sales Value, by Type (2021–2032)
3.1.5.3 Global Power Factor Correction Devices Sales Value, by Type (%), 2021–2032
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 (2021 vs 2025 vs 2032)
4.2.2 Global Power Factor Correction Devices Sales Value by Application (2021–2032)
4.2.3 Global Power Factor Correction Devices Sales Value by Application (%), 2021–2032
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: 2021 vs 2025 vs 2032
5.1.2 Global Power Factor Correction Devices Sales Value by Region (2021–2026)
5.1.3 Global Power Factor Correction Devices Sales Value by Region (2027–2032)
5.1.4 Global Power Factor Correction Devices Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America Power Factor Correction Devices Sales Value, 2021–2032
5.2.2 North America Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe Power Factor Correction Devices Sales Value, 2021–2032
5.3.2 Europe Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific Power Factor Correction Devices Sales Value, 2021–2032
5.4.2 Asia Pacific Power Factor Correction Devices Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America Power Factor Correction Devices Sales Value, 2021–2032
5.5.2 South America Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa Power Factor Correction Devices Sales Value, 2021–2032
5.6.2 Middle East & Africa Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Power Factor Correction Devices Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Power Factor Correction Devices Sales Value, 2021–2032
6.3 United States
6.3.1 United States Power Factor Correction Devices Sales Value, 2021–2032
6.3.2 United States Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Power Factor Correction Devices Sales Value, 2021–2032
6.4.2 Europe Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Power Factor Correction Devices Sales Value, 2021–2032
6.5.2 China Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.5.3 China Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Power Factor Correction Devices Sales Value, 2021–2032
6.6.2 Japan Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Power Factor Correction Devices Sales Value, 2021–2032
6.7.2 South Korea Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Power Factor Correction Devices Sales Value, 2021–2032
6.8.2 Southeast Asia Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Power Factor Correction Devices Sales Value, 2021–2032
6.9.2 India Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
6.9.3 India Power Factor Correction Devices Sales Value by Application, 2025 vs 2032
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
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), 2021–2026
7.30.5 Mitsubishi Electric Corporation Recent Developments
8 Industry Chain Analysis
8.1 Power Factor Correction Devices Value Chain
8.2 Power Factor Correction Devices Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 Power Factor Correction Devices Sales Model
8.5.2 Sales Channels
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 & Opportunities
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 (US$ Million), 2021–2026
Table 6. Global Power Factor Correction Devices Revenue Market Share by Company (2021–2026)
Table 7. Key Companies’ R&D and Operations Footprint and Headquarters
Table 8. Key Companies Power Factor Correction Devices Product Type
Table 9. Key Companies General Availability (GA) Timeline for Power Factor Correction Devices
Table 10. Global Power Factor Correction Devices Companies Market Concentration Ratio (CR5 and HHI)
Table 11. Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Power Factor Correction Devices revenue, 2025
Table 12. Mergers & Acquisitions and Expansion Plans
Table 13. Global Power Factor Correction Devices Sales Value by Type: 2021 vs 2025 vs 2032 (US$ Million)
Table 14. Global Power Factor Correction Devices Sales Value by Type (US$ Million), 2021–2026
Table 15. Global Power Factor Correction Devices Sales Value by Type (US$ Million), 2027–2032
Table 16. Global Power Factor Correction Devices Sales Market Share in Value by Type (2021–2026)
Table 17. Global Power Factor Correction Devices Sales Market Share in Value by Type (2027–2032)
Table 18. Global Power Factor Correction Devices Sales Value by Application: 2021 vs 2025 vs 2032 (US$ Million)
Table 19. Global Power Factor Correction Devices Sales Value by Application (US$ Million), 2021–2026
Table 20. Global Power Factor Correction Devices Sales Value by Application (US$ Million), 2027–2032
Table 21. Global Power Factor Correction Devices Sales Market Share in Value by Application (2021–2026)
Table 22. Global Power Factor Correction Devices Sales Market Share in Value by Application (2027–2032)
Table 23. Global Power Factor Correction Devices Sales Value by Region, (US$ Million), 2021 vs 2025 vs 2032
Table 24. Global Power Factor Correction Devices Sales Value by Region (US$ Million), 2021–2026
Table 25. Global Power Factor Correction Devices Sales Value by Region (US$ Million), 2027–2032
Table 26. Global Power Factor Correction Devices Sales Value by Region (%), 2021–2026
Table 27. Global Power Factor Correction Devices Sales Value by Region (%), 2027–2032
Table 28. Key Countries/Regions Power Factor Correction Devices Sales Value Growth Trends, (US$ Million): 2021 vs 2025 vs 2032
Table 29. Key Countries/Regions Power Factor Correction Devices Sales Value, (US$ Million), 2021–2026
Table 30. Key Countries/Regions Power Factor Correction Devices Sales Value, (US$ Million), 2027–2032
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
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. (2021–2026)
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 (2021–2026)
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 (2021–2026)
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 (2021–2026)
Table 180. Mitsubishi Electric Corporation Recent Developments
Table 181. Revenue (US$ Million) in Power Factor Correction Devices Business of Company 40 (2021–2026)
Table 182. Company 40 Recent Developments
Table 183. Key Raw Materials Lists
Table 184. Key Suppliers of Raw Materials Lists
Table 185. Power Factor Correction Devices Downstream Customers
Table 186. Power Factor Correction Devices Distributors List
Table 187. Research Programs/Design for This Report
Table 188. Key Data Information from Secondary Sources
Table 189. Key Data Information from Primary Sources
List of Figures
Figure 1. Power Factor Correction Devices Product Picture
Figure 2. Global Power Factor Correction Devices Sales Value, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Global Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 4. Power Factor Correction Devices Report Years Considered
Figure 5. Global Power Factor Correction Devices Players Revenue Ranking (US$ Million), 2025
Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Power Factor Correction Devices Revenue in 2025
Figure 7. Power Factor Correction Devices Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
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 (US$ Million), 2021 vs 2025 vs 2032
Figure 13. Global Power Factor Correction Devices Sales Value Market Share by Type, 2025 & 2032
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 (US$ Million), 2021 vs 2025 vs 2032
Figure 18. Global Power Factor Correction Devices Sales Value Market Share by Application, 2025 & 2032
Figure 19. North America Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 20. North America Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
Figure 21. Europe Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 22. Europe Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
Figure 23. Asia Pacific Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 24. Asia Pacific Power Factor Correction Devices Sales Value by Subregion (%), 2025 vs 2032
Figure 25. South America Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 26. South America Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
Figure 27. Middle East & Africa Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 28. Middle East & Africa Power Factor Correction Devices Sales Value by Country (%), 2025 vs 2032
Figure 29. Key Countries/Regions Power Factor Correction Devices Sales Value (%), 2021–2032
Figure 30. United States Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 31. United States Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 32. United States Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 33. Europe Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 34. Europe Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 35. Europe Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 36. China Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 37. China Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 38. China Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 39. Japan Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 40. Japan Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 41. Japan Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 42. South Korea Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 43. South Korea Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 44. South Korea Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 45. Southeast Asia Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 46. Southeast Asia Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 47. Southeast Asia Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 48. India Power Factor Correction Devices Sales Value (US$ Million), 2021–2032
Figure 49. India Power Factor Correction Devices Sales Value by Type (%), 2025 vs 2032
Figure 50. India Power Factor Correction Devices Sales Value by Application (%), 2025 vs 2032
Figure 51. Power Factor Correction Devices Value Chain
Figure 52. Power Factor Correction Devices 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 is the annual compound growth rate of the global Power Factor Correction Devices market size from 2026 to 2032?
The annual compound growth rate of the global Power Factor Correction Devices market is 5.1% 2026 to 2032.
What was the global market size of Power Factor Correction Devices in 2026?
Which region is expected to have the highest market share?
Which companies rank high in the global Power Factor Correction Devices market?
What was the global market size of Power Factor Correction Devices in 2032?
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