The growing demand for protection systems for electronic devices, non-uniform power quality and network reliability issues, rise in alternative energy programs, and power quality standardization are the major factors driving the power quality equipment market.

The global market, by equipment, into surge arresters, surge protection devices, harmonic filters, power conditioning units, power distribution units, uninterruptable power supply, synchronous condenser, voltage regulator, digital static transfer switch, static VAR compensator, solid oxide fuel cells, isolation transformers, and power quality meters. The uninterruptable power supply segment is projected to dominate the power quality equipment market.

The years considered for the study are as follows:
Base Year: 2016
Estimated Year: 2017
Projected Year: 2022
Forecast Period: 2017–2022
The base year considered for company profiles is 2016. Whenever information was unavailable for the base year, the prior year has been considered.

Objectives of the Study
To define, describe, and forecast the global power quality equipment market by equipment, by end-user, by phase, and by region
To provide detailed information regarding the major factors influencing the growth of the power quality equipment market (drivers, restraints, opportunities, and industry-specific challenges)
To strategically analyze the power quality equipment market with respect to individual growth trends, future prospects, and contribution of each segment to the market
To strategically profile key players and comprehensively analyze their market shares and core competencies
To analyze competitive developments such as contracts and agreements, expansions, new product developments, and mergers & acquisitions in the power quality equipment market