Japan Power Quality Equipment Market
Japan Power Quality Equipment Market Research Report: By End User (Industrial & Manufacturing, Commercial, Residential, Transportation, Utilities), By Phase (Single Phase, Three Phase) andBy Equipment (Uninterruptible Power Supply, Static VAR Compensator, Power Quality Meters, Others)- Forecast to 2035
Industry Developments
In the Japan Power Quality Equipment Market, notable recent developments include the continued investments by Mitsubishi Electric and Hitachi Ltd in advanced power quality solutions, aimed at enhancing efficiency amid Japan's energy transition initiatives. In August 2023, Emerson Electric announced its strategic partnership with local firms to bolster efforts in grid integration technology, demonstrating a collaborative approach to increase market presence. Meanwhile, General Electric and Siemens AG are expanding their distribution networks to cater to the growing demand for power electronics in industrial sectors. On the mergers and acquisitions front, Schneider Electric agreed to acquire a local automation company in July 2023, which is expected to enhance its product offerings in power quality equipment. Market valuations for companies such as Toshiba Corporation and ABB Ltd have shown significant growth due to increased investment in infrastructure improvements and the demand for sustainable energy solutions. Last year in November 2022, Vertiv Co launched a new line of uninterruptible power supply systems, positioning itself as a front-runner in high-efficiency power solutions in Japan. This focus on innovation and sustainability continues to reshape the competitive landscape of the power quality equipment sector.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.27(USD Billion) |
| MARKET SIZE 2024 | 1.35(USD Billion) |
| MARKET SIZE 2035 | 2.29(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.933% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Mitsubishi Electric, Emerson Electric, General Electric, Vertiv Co, Panasonic Corporation, Toshiba Corporation, Hitachi Ltd, Siemens AG, Rohde & Schwarz, ABB Ltd, Vertiv Holdings, Schneider Electric, Eaton Corporation, Sony Corporation, CyrusOne |
| SEGMENTS COVERED | End User, Phase, Equipment |
| KEY MARKET OPPORTUNITIES | Increased renewable energy integration, Industrial automation growth, Stringent regulatory standards, Demand for energy efficiency solutions, Aging power infrastructure modernization |
| KEY MARKET DYNAMICS | Rising industrial automation demand, Stringent energy efficiency regulations, Increase in renewable energy integration, Growing awareness of power quality issues, Technological advancements in power electronics |
| COUNTRIES COVERED | Japan |
FAQs
What is the projected market size of the Japan Power Quality Equipment Market in 2024?
The Japan Power Quality Equipment Market is expected to be valued at 1.35 USD Billion in 2024.
What will be the value of the Japan Power Quality Equipment Market by 2035?
By 2035, the Japan Power Quality Equipment Market is anticipated to reach a value of 2.29 USD Billion.
What is the expected compound annual growth rate (CAGR) for the Japan Power Quality Equipment Market from 2025 to 2035?
The expected CAGR for the Japan Power Quality Equipment Market from 2025 to 2035 is 4.933%.
Which segment is projected to dominate the market by 2035?
The Industrial & Manufacturing segment is projected to dominate the market, valued at 0.99 USD Billion by 2035.
Who are the key players in the Japan Power Quality Equipment Market?
Key players in the Japan Power Quality Equipment Market include Mitsubishi Electric, Emerson Electric, General Electric, and Panasonic Corporation.
What is the estimated market size for the Commercial segment in 2035?
The Commercial segment is expected to reach a market size of 0.6 USD Billion by 2035.
What is the anticipated market size for the Utilities segment in 2035?
The Utilities segment is expected to grow to a market size of 0.2 USD Billion by 2035.
What growth opportunities exist in the Japan Power Quality Equipment Market?
Emerging trends such as advancements in technology and increased energy efficiency are driving growth opportunities in the market.
What impact do global energy demands have on this market?
The growing demand for reliable energy solutions globally is expected to positively impact the Japan Power Quality Equipment Market.
What is the projected market size for the Residential segment in 2035?
The Residential segment is projected to reach a market size of 0.44 USD Billion by 2035.
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