The global market for Smart Power Quality Correct Device was valued at US$ 219 million in the year 2024 and is projected to reach a revised size of US$ 312 million by 2031, growing at a CAGR of 5.2% during the forecast period.

Smart Power Quality Correct Device Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Smart Power Quality Correct Device competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

The Smart Power Quality Correction Device is a new type of power electronic device, optimized based on SVG, specifically designed to improve power quality in distribution substation areas. Based on advanced three-level inverter technology, the device uses intelligent algorithm control to effectively compensate for three-phase imbalance in real time, intelligently adjusts reactive power in both directions, and achieves three-phase output power balance of the transformer, thereby improving the power supply quality of the distribution substation area. The Smart Power Quality Correction Device (SPC) adopts a modular parallel design concept, with a full power range capacity configuration of 30-200kvar. It is suitable for power quality management in power system distribution substations, focusing on three-phase imbalance regulation while also providing reactive power compensation and harmonic elimination functions. It can solve the three-phase imbalance problem in distribution networks, significantly reducing line losses in low-voltage distribution networks; enabling local reactive power balance and increasing the output capacity of the distribution network; improving voltage quality in real time, stabilizing system voltage, improving power distribution quality, and improving the power consumption environment; and solving problems such as transformer overload caused by three-phase imbalance, extending transformer life.

In 2024, the global production of Smart Power Quality Correct Devices reached 7,689 units, with an average selling price of US$28,500 per unit and a gross profit margin of 28%-34%. Upstream raw materials include IGBTs (imported from Germany), three-level technology, and control chips from TI (Texas Instruments). Downstream major customers include State Power Investment Corporation (SPIC), China Energy Investment Corporation (CEIC), State Grid Corporation of China (SGCC), China Huadian Corporation (CHIC), China Huaneng Group (CHN), China Three Gorges Corporation (CTG), and China General Nuclear Power Corporation (CGN).

Application Cases: Anhui Yejiju three-phase imbalance control project, State Grid Luneng Smart three-phase imbalance project, State Grid Pinggao Smart three-phase imbalance project.

Electricity, as a vital energy source widely used in modern society, suffers from significant power quality issues. These issues range from minor problems like increased transmission losses, affecting electrical instrument measurements, causing malfunctions in automatic protection devices such as relays, and interfering with communication activities, to more serious problems like reduced motor efficiency and lifespan, data loss in computers, and disruptions to motor safety and normal output. Modern precision industries, commercial users, hospitals, and aerospace applications place even higher demands on power quality.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Smart Power Quality Correct Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Power Quality Correct Device.

The Smart Power Quality Correct Device market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Smart Power Quality Correct Device market comprehensively. Regional market sizes, concerning products by Type, by Application, by Network Structure and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Smart Power Quality Correct Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, by Network Structure and by regions.

Scope of Smart Power Quality Correct Device Market Report

Report Metric	Details
Report Name	Smart Power Quality Correct Device Market
Accounted market size in year	US$ 219 million
Forecasted market size in 2031	US$ 312 million
CAGR	5.2%
Base Year	year
Forecasted years	2026 - 2031
Segment by Type	30kvar 50kvar 75kvar 100kvar 200kvar Others
Segment by Network Structure	Three-phase Three-wire System Three-phase Four-wire System
Segment by Rated Current	45A 75A 150A Other
Segment by Installation Method	Outdoor Floor-standing Hanging
Segment by Application	City Grid Rural Power Grid
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Power Electronics New Zealand, Sineng Electric Co., Ltd., Shanghai Nancal Electric Co., Ltd., Nancal Technology Co., Ltd., Xi'an AGCO Cyber Electric Co., Ltd., SHAREHOPE MEDICINE CO., LTD., Nanjing Shining Electric Automation Co.,Ltd., Zhejiang Yide Technology Co., Ltd., Nanyang Electric Group, Satons (Shanghai) power supply Co., Ltd., DFPOWER(Beijing) Science and Technology Ltd., Brown Boveri, Ningbo Gaoyun Electric Co., Ltd., Valeray Power
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, by Network Structure etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Smart Power Quality Correct Device manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Smart Power Quality Correct Device by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Smart Power Quality Correct Device in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Smart Power Quality Correct Device Market growing?

Ans: The Smart Power Quality Correct Device Market witnessing a CAGR of 5.2% during the forecast period 2026-2031.

What is the Smart Power Quality Correct Device Market size in 2031?

Ans: The Smart Power Quality Correct Device Market size in 2031 will be US$ 312 million.

Who are the main players in the Smart Power Quality Correct Device Market report?

Ans: The main players in the Smart Power Quality Correct Device Market are Power Electronics New Zealand, Sineng Electric Co., Ltd., Shanghai Nancal Electric Co., Ltd., Nancal Technology Co., Ltd., Xi'an AGCO Cyber Electric Co., Ltd., SHAREHOPE MEDICINE CO., LTD., Nanjing Shining Electric Automation Co.,Ltd., Zhejiang Yide Technology Co., Ltd., Nanyang Electric Group, Satons (Shanghai) power supply Co., Ltd., DFPOWER(Beijing) Science and Technology Ltd., Brown Boveri, Ningbo Gaoyun Electric Co., Ltd., Valeray Power

What are the Application segmentation covered in the Smart Power Quality Correct Device Market report?

Ans: The Applications covered in the Smart Power Quality Correct Device Market report are City Grid, Rural Power Grid

What are the Type segmentation covered in the Smart Power Quality Correct Device Market report?

Ans: The Types covered in the Smart Power Quality Correct Device Market report are 30kvar, 50kvar, 75kvar, 100kvar, 200kvar, Others

1 Smart Power Quality Correct Device Market Overview

1.1 Product Definition

1.2 Smart Power Quality Correct Device by Type

1.2.1 Global Smart Power Quality Correct Device Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 30kvar

1.2.3 50kvar

1.2.4 75kvar

1.2.5 100kvar

1.2.6 200kvar

1.2.7 Others

1.3 Smart Power Quality Correct Device by Network Structure

1.3.1 Global Smart Power Quality Correct Device Market Value Growth Rate Analysis by Network Structure: 2024 VS 2031

1.3.2 Three-phase Three-wire System

1.3.3 Three-phase Four-wire System

1.4 Smart Power Quality Correct Device by Rated Current

1.4.1 Global Smart Power Quality Correct Device Market Value Growth Rate Analysis by Rated Current: 2024 VS 2031

1.4.2 45A

1.4.3 75A

1.4.4 150A

1.4.5 Other

1.5 Smart Power Quality Correct Device by Installation Method

1.5.1 Global Smart Power Quality Correct Device Market Value Growth Rate Analysis by Installation Method: 2024 VS 2031

1.5.2 Outdoor Floor-standing

1.5.3 Hanging

1.6 Smart Power Quality Correct Device by Application

1.6.1 Global Smart Power Quality Correct Device Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.6.2 City Grid

1.6.3 Rural Power Grid

1.7 Global Market Growth Prospects

1.7.1 Global Smart Power Quality Correct Device Production Value Estimates and Forecasts (2020-2031)

1.7.2 Global Smart Power Quality Correct Device Production Capacity Estimates and Forecasts (2020-2031)

1.7.3 Global Smart Power Quality Correct Device Production Estimates and Forecasts (2020-2031)

1.7.4 Global Smart Power Quality Correct Device Market Average Price Estimates and Forecasts (2020-2031)

1.8 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Smart Power Quality Correct Device Production Market Share by Manufacturers (2020-2025)

2.2 Global Smart Power Quality Correct Device Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Smart Power Quality Correct Device, Industry Ranking, 2023 VS 2024

2.4 Global Smart Power Quality Correct Device Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Smart Power Quality Correct Device Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Smart Power Quality Correct Device, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Smart Power Quality Correct Device, Product Offered and Application

2.8 Global Key Manufacturers of Smart Power Quality Correct Device, Date of Enter into This Industry

2.9 Smart Power Quality Correct Device Market Competitive Situation and Trends

2.9.1 Smart Power Quality Correct Device Market Concentration Rate

2.9.2 Global 5 and 10 Largest Smart Power Quality Correct Device Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Smart Power Quality Correct Device Production by Region

3.1 Global Smart Power Quality Correct Device Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Smart Power Quality Correct Device Production Value by Region (2020-2031)

3.2.1 Global Smart Power Quality Correct Device Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Smart Power Quality Correct Device by Region (2026-2031)

3.3 Global Smart Power Quality Correct Device Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Smart Power Quality Correct Device Production Volume by Region (2020-2031)

3.4.1 Global Smart Power Quality Correct Device Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Smart Power Quality Correct Device by Region (2026-2031)

3.5 Global Smart Power Quality Correct Device Market Price Analysis by Region (2020-2025)

3.6 Global Smart Power Quality Correct Device Production and Value, Year-over-Year Growth

3.6.1 North America Smart Power Quality Correct Device Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Smart Power Quality Correct Device Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Smart Power Quality Correct Device Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Smart Power Quality Correct Device Production Value Estimates and Forecasts (2020-2031)

4 Smart Power Quality Correct Device Consumption by Region

4.1 Global Smart Power Quality Correct Device Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Smart Power Quality Correct Device Consumption by Region (2020-2031)

4.2.1 Global Smart Power Quality Correct Device Consumption by Region (2020-2025)

4.2.2 Global Smart Power Quality Correct Device Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Smart Power Quality Correct Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Smart Power Quality Correct Device Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Smart Power Quality Correct Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Smart Power Quality Correct Device Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Smart Power Quality Correct Device Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Smart Power Quality Correct Device Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Smart Power Quality Correct Device Production by Type (2020-2031)

5.1.1 Global Smart Power Quality Correct Device Production by Type (2020-2025)

5.1.2 Global Smart Power Quality Correct Device Production by Type (2026-2031)

5.1.3 Global Smart Power Quality Correct Device Production Market Share by Type (2020-2031)

5.2 Global Smart Power Quality Correct Device Production Value by Type (2020-2031)

5.2.1 Global Smart Power Quality Correct Device Production Value by Type (2020-2025)

5.2.2 Global Smart Power Quality Correct Device Production Value by Type (2026-2031)

5.2.3 Global Smart Power Quality Correct Device Production Value Market Share by Type (2020-2031)

5.3 Global Smart Power Quality Correct Device Price by Type (2020-2031)

6 Segment by Application

6.1 Global Smart Power Quality Correct Device Production by Application (2020-2031)

6.1.1 Global Smart Power Quality Correct Device Production by Application (2020-2025)

6.1.2 Global Smart Power Quality Correct Device Production by Application (2026-2031)

6.1.3 Global Smart Power Quality Correct Device Production Market Share by Application (2020-2031)

6.2 Global Smart Power Quality Correct Device Production Value by Application (2020-2031)

6.2.1 Global Smart Power Quality Correct Device Production Value by Application (2020-2025)

6.2.2 Global Smart Power Quality Correct Device Production Value by Application (2026-2031)

6.2.3 Global Smart Power Quality Correct Device Production Value Market Share by Application (2020-2031)

6.3 Global Smart Power Quality Correct Device Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Power Electronics New Zealand

7.1.1 Power Electronics New Zealand Smart Power Quality Correct Device Company Information

7.1.2 Power Electronics New Zealand Smart Power Quality Correct Device Product Portfolio

7.1.3 Power Electronics New Zealand Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Power Electronics New Zealand Main Business and Markets Served

7.1.5 Power Electronics New Zealand Recent Developments/Updates

7.2 Sineng Electric Co., Ltd.

7.2.1 Sineng Electric Co., Ltd. Smart Power Quality Correct Device Company Information

7.2.2 Sineng Electric Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.2.3 Sineng Electric Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Sineng Electric Co., Ltd. Main Business and Markets Served

7.2.5 Sineng Electric Co., Ltd. Recent Developments/Updates

7.3 Shanghai Nancal Electric Co., Ltd.

7.3.1 Shanghai Nancal Electric Co., Ltd. Smart Power Quality Correct Device Company Information

7.3.2 Shanghai Nancal Electric Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.3.3 Shanghai Nancal Electric Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Shanghai Nancal Electric Co., Ltd. Main Business and Markets Served

7.3.5 Shanghai Nancal Electric Co., Ltd. Recent Developments/Updates

7.4 Nancal Technology Co., Ltd.

7.4.1 Nancal Technology Co., Ltd. Smart Power Quality Correct Device Company Information

7.4.2 Nancal Technology Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.4.3 Nancal Technology Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Nancal Technology Co., Ltd. Main Business and Markets Served

7.4.5 Nancal Technology Co., Ltd. Recent Developments/Updates

7.5 Xi'an AGCO Cyber Electric Co., Ltd.

7.5.1 Xi'an AGCO Cyber Electric Co., Ltd. Smart Power Quality Correct Device Company Information

7.5.2 Xi'an AGCO Cyber Electric Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.5.3 Xi'an AGCO Cyber Electric Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Xi'an AGCO Cyber Electric Co., Ltd. Main Business and Markets Served

7.5.5 Xi'an AGCO Cyber Electric Co., Ltd. Recent Developments/Updates

7.6 SHAREHOPE MEDICINE CO., LTD.

7.6.1 SHAREHOPE MEDICINE CO., LTD. Smart Power Quality Correct Device Company Information

7.6.2 SHAREHOPE MEDICINE CO., LTD. Smart Power Quality Correct Device Product Portfolio

7.6.3 SHAREHOPE MEDICINE CO., LTD. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.6.4 SHAREHOPE MEDICINE CO., LTD. Main Business and Markets Served

7.6.5 SHAREHOPE MEDICINE CO., LTD. Recent Developments/Updates

7.7 Nanjing Shining Electric Automation Co.,Ltd.

7.7.1 Nanjing Shining Electric Automation Co.,Ltd. Smart Power Quality Correct Device Company Information

7.7.2 Nanjing Shining Electric Automation Co.,Ltd. Smart Power Quality Correct Device Product Portfolio

7.7.3 Nanjing Shining Electric Automation Co.,Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Nanjing Shining Electric Automation Co.,Ltd. Main Business and Markets Served

7.7.5 Nanjing Shining Electric Automation Co.,Ltd. Recent Developments/Updates

7.8 Zhejiang Yide Technology Co., Ltd.

7.8.1 Zhejiang Yide Technology Co., Ltd. Smart Power Quality Correct Device Company Information

7.8.2 Zhejiang Yide Technology Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.8.3 Zhejiang Yide Technology Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Zhejiang Yide Technology Co., Ltd. Main Business and Markets Served

7.8.5 Zhejiang Yide Technology Co., Ltd. Recent Developments/Updates

7.9 Nanyang Electric Group

7.9.1 Nanyang Electric Group Smart Power Quality Correct Device Company Information

7.9.2 Nanyang Electric Group Smart Power Quality Correct Device Product Portfolio

7.9.3 Nanyang Electric Group Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Nanyang Electric Group Main Business and Markets Served

7.9.5 Nanyang Electric Group Recent Developments/Updates

7.10 Satons (Shanghai) power supply Co., Ltd.

7.10.1 Satons (Shanghai) power supply Co., Ltd. Smart Power Quality Correct Device Company Information

7.10.2 Satons (Shanghai) power supply Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.10.3 Satons (Shanghai) power supply Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Satons (Shanghai) power supply Co., Ltd. Main Business and Markets Served

7.10.5 Satons (Shanghai) power supply Co., Ltd. Recent Developments/Updates

7.11 DFPOWER(Beijing) Science and Technology Ltd.

7.11.1 DFPOWER(Beijing) Science and Technology Ltd. Smart Power Quality Correct Device Company Information

7.11.2 DFPOWER(Beijing) Science and Technology Ltd. Smart Power Quality Correct Device Product Portfolio

7.11.3 DFPOWER(Beijing) Science and Technology Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.11.4 DFPOWER(Beijing) Science and Technology Ltd. Main Business and Markets Served

7.11.5 DFPOWER(Beijing) Science and Technology Ltd. Recent Developments/Updates

7.12 Brown Boveri

7.12.1 Brown Boveri Smart Power Quality Correct Device Company Information

7.12.2 Brown Boveri Smart Power Quality Correct Device Product Portfolio

7.12.3 Brown Boveri Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Brown Boveri Main Business and Markets Served

7.12.5 Brown Boveri Recent Developments/Updates

7.13 Ningbo Gaoyun Electric Co., Ltd.

7.13.1 Ningbo Gaoyun Electric Co., Ltd. Smart Power Quality Correct Device Company Information

7.13.2 Ningbo Gaoyun Electric Co., Ltd. Smart Power Quality Correct Device Product Portfolio

7.13.3 Ningbo Gaoyun Electric Co., Ltd. Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Ningbo Gaoyun Electric Co., Ltd. Main Business and Markets Served

7.13.5 Ningbo Gaoyun Electric Co., Ltd. Recent Developments/Updates

7.14 Valeray Power

7.14.1 Valeray Power Smart Power Quality Correct Device Company Information

7.14.2 Valeray Power Smart Power Quality Correct Device Product Portfolio

7.14.3 Valeray Power Smart Power Quality Correct Device Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Valeray Power Main Business and Markets Served

7.14.5 Valeray Power Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Smart Power Quality Correct Device Industry Chain Analysis

8.2 Smart Power Quality Correct Device Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Smart Power Quality Correct Device Production Mode & Process Analysis

8.4 Smart Power Quality Correct Device Sales and Marketing

8.4.1 Smart Power Quality Correct Device Sales Channels

8.4.2 Smart Power Quality Correct Device Distributors

8.5 Smart Power Quality Correct Device Customer Analysis

9 Smart Power Quality Correct Device Market Dynamics

9.1 Smart Power Quality Correct Device Industry Trends

9.2 Smart Power Quality Correct Device Market Drivers

9.3 Smart Power Quality Correct Device Market Challenges

9.4 Smart Power Quality Correct Device Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Power Electronics New Zealand

Sineng Electric Co. Ltd.

Shanghai Nancal Electric Co., Ltd.

Nancal Technology Co., Ltd.

Xi'an AGCO Cyber Electric Co., Ltd.

SHAREHOPE MEDICINE CO., LTD.

Nanjing Shining Electric Automation Co,Ltd.

Zhejiang Yide Technology Co., Ltd.

Nanyang Electric Group

Satons (Shanghai) power supply Co., Ltd.

Dfpower (Beijing) Science and Technology Ltd.

Brown Boveri

Ningbo Gaoyun Electric Co., Ltd.

Valeray Power

List of Tables

Table 1. Global Smart Power Quality Correct Device Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Smart Power Quality Correct Device Market Value by Network Structure, (US$ Million) & (2024 VS 2031)

Table 3. Global Smart Power Quality Correct Device Market Value by Rated Current, (US$ Million) & (2024 VS 2031)

Table 4. Global Smart Power Quality Correct Device Market Value by Installation Method, (US$ Million) & (2024 VS 2031)

Table 5. Global Smart Power Quality Correct Device Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 6. Global Smart Power Quality Correct Device Production Capacity (Units) by Manufacturers in 2024

Table 7. Global Smart Power Quality Correct Device Production by Manufacturers (2020-2025) & (Units)

Table 8. Global Smart Power Quality Correct Device Production Market Share by Manufacturers (2020-2025)

Table 9. Global Smart Power Quality Correct Device Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 10. Global Smart Power Quality Correct Device Production Value Share by Manufacturers (2020-2025)

Table 11. Global Key Players of Smart Power Quality Correct Device, Industry Ranking, 2023 VS 2024

Table 12. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Smart Power Quality Correct Device as of 2024)

Table 13. Global Market Smart Power Quality Correct Device Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 14. Global Key Manufacturers of Smart Power Quality Correct Device, Manufacturing Base Distribution and Headquarters

Table 15. Global Key Manufacturers of Smart Power Quality Correct Device, Product Offered and Application

Table 16. Global Key Manufacturers of Smart Power Quality Correct Device, Date of Enter into This Industry

Table 17. Global Smart Power Quality Correct Device Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 18. Mergers & Acquisitions, Expansion Plans

Table 19. Global Smart Power Quality Correct Device Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 20. Global Smart Power Quality Correct Device Production Value (US$ Million) by Region (2020-2025)

Table 21. Global Smart Power Quality Correct Device Production Value Market Share by Region (2020-2025)

Table 22. Global Smart Power Quality Correct Device Production Value (US$ Million) Forecast by Region (2026-2031)

Table 23. Global Smart Power Quality Correct Device Production Value Market Share Forecast by Region (2026-2031)

Table 24. Global Smart Power Quality Correct Device Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Table 25. Global Smart Power Quality Correct Device Production (Units) by Region (2020-2025)

Table 26. Global Smart Power Quality Correct Device Production Market Share by Region (2020-2025)

Table 27. Global Smart Power Quality Correct Device Production (Units) Forecast by Region (2026-2031)

Table 28. Global Smart Power Quality Correct Device Production Market Share Forecast by Region (2026-2031)

Table 29. Global Smart Power Quality Correct Device Market Average Price (US$/Unit) by Region (2020-2025)

Table 30. Global Smart Power Quality Correct Device Market Average Price (US$/Unit) by Region (2026-2031)

Table 31. Global Smart Power Quality Correct Device Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 32. Global Smart Power Quality Correct Device Consumption by Region (2020-2025) & (Units)

Table 33. Global Smart Power Quality Correct Device Consumption Market Share by Region (2020-2025)

Table 34. Global Smart Power Quality Correct Device Forecasted Consumption by Region (2026-2031) & (Units)

Table 35. Global Smart Power Quality Correct Device Forecasted Consumption Market Share by Region (2026-2031)

Table 36. North America Smart Power Quality Correct Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 37. North America Smart Power Quality Correct Device Consumption by Country (2020-2025) & (Units)

Table 38. North America Smart Power Quality Correct Device Consumption by Country (2026-2031) & (Units)

Table 39. Europe Smart Power Quality Correct Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 40. Europe Smart Power Quality Correct Device Consumption by Country (2020-2025) & (Units)

Table 41. Europe Smart Power Quality Correct Device Consumption by Country (2026-2031) & (Units)

Table 42. Asia Pacific Smart Power Quality Correct Device Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 43. Asia Pacific Smart Power Quality Correct Device Consumption by Region (2020-2025) & (Units)

Table 44. Asia Pacific Smart Power Quality Correct Device Consumption by Region (2026-2031) & (Units)

Table 45. Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 46. Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption by Country (2020-2025) & (Units)

Table 47. Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption by Country (2026-2031) & (Units)

Table 48. Global Smart Power Quality Correct Device Production (Units) by Type (2020-2025)

Table 49. Global Smart Power Quality Correct Device Production (Units) by Type (2026-2031)

Table 50. Global Smart Power Quality Correct Device Production Market Share by Type (2020-2025)

Table 51. Global Smart Power Quality Correct Device Production Market Share by Type (2026-2031)

Table 52. Global Smart Power Quality Correct Device Production Value (US$ Million) by Type (2020-2025)

Table 53. Global Smart Power Quality Correct Device Production Value (US$ Million) by Type (2026-2031)

Table 54. Global Smart Power Quality Correct Device Production Value Market Share by Type (2020-2025)

Table 55. Global Smart Power Quality Correct Device Production Value Market Share by Type (2026-2031)

Table 56. Global Smart Power Quality Correct Device Price (US$/Unit) by Type (2020-2025)

Table 57. Global Smart Power Quality Correct Device Price (US$/Unit) by Type (2026-2031)

Table 58. Global Smart Power Quality Correct Device Production (Units) by Application (2020-2025)

Table 59. Global Smart Power Quality Correct Device Production (Units) by Application (2026-2031)

Table 60. Global Smart Power Quality Correct Device Production Market Share by Application (2020-2025)

Table 61. Global Smart Power Quality Correct Device Production Market Share by Application (2026-2031)

Table 62. Global Smart Power Quality Correct Device Production Value (US$ Million) by Application (2020-2025)

Table 63. Global Smart Power Quality Correct Device Production Value (US$ Million) by Application (2026-2031)

Table 64. Global Smart Power Quality Correct Device Production Value Market Share by Application (2020-2025)

Table 65. Global Smart Power Quality Correct Device Production Value Market Share by Application (2026-2031)

Table 66. Global Smart Power Quality Correct Device Price (US$/Unit) by Application (2020-2025)

Table 67. Global Smart Power Quality Correct Device Price (US$/Unit) by Application (2026-2031)

Table 68. Power Electronics New Zealand Smart Power Quality Correct Device Company Information

Table 69. Power Electronics New Zealand Smart Power Quality Correct Device Specification and Application

Table 70. Power Electronics New Zealand Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 71. Power Electronics New Zealand Main Business and Markets Served

Table 72. Power Electronics New Zealand Recent Developments/Updates

Table 73. Sineng Electric Co., Ltd. Smart Power Quality Correct Device Company Information

Table 74. Sineng Electric Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 75. Sineng Electric Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 76. Sineng Electric Co., Ltd. Main Business and Markets Served

Table 77. Sineng Electric Co., Ltd. Recent Developments/Updates

Table 78. Shanghai Nancal Electric Co., Ltd. Smart Power Quality Correct Device Company Information

Table 79. Shanghai Nancal Electric Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 80. Shanghai Nancal Electric Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 81. Shanghai Nancal Electric Co., Ltd. Main Business and Markets Served

Table 82. Shanghai Nancal Electric Co., Ltd. Recent Developments/Updates

Table 83. Nancal Technology Co., Ltd. Smart Power Quality Correct Device Company Information

Table 84. Nancal Technology Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 85. Nancal Technology Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 86. Nancal Technology Co., Ltd. Main Business and Markets Served

Table 87. Nancal Technology Co., Ltd. Recent Developments/Updates

Table 88. Xi'an AGCO Cyber Electric Co., Ltd. Smart Power Quality Correct Device Company Information

Table 89. Xi'an AGCO Cyber Electric Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 90. Xi'an AGCO Cyber Electric Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 91. Xi'an AGCO Cyber Electric Co., Ltd. Main Business and Markets Served

Table 92. Xi'an AGCO Cyber Electric Co., Ltd. Recent Developments/Updates

Table 93. SHAREHOPE MEDICINE CO., LTD. Smart Power Quality Correct Device Company Information

Table 94. SHAREHOPE MEDICINE CO., LTD. Smart Power Quality Correct Device Specification and Application

Table 95. SHAREHOPE MEDICINE CO., LTD. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 96. SHAREHOPE MEDICINE CO., LTD. Main Business and Markets Served

Table 97. SHAREHOPE MEDICINE CO., LTD. Recent Developments/Updates

Table 98. Nanjing Shining Electric Automation Co.,Ltd. Smart Power Quality Correct Device Company Information

Table 99. Nanjing Shining Electric Automation Co.,Ltd. Smart Power Quality Correct Device Specification and Application

Table 100. Nanjing Shining Electric Automation Co.,Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 101. Nanjing Shining Electric Automation Co.,Ltd. Main Business and Markets Served

Table 102. Nanjing Shining Electric Automation Co.,Ltd. Recent Developments/Updates

Table 103. Zhejiang Yide Technology Co., Ltd. Smart Power Quality Correct Device Company Information

Table 104. Zhejiang Yide Technology Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 105. Zhejiang Yide Technology Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 106. Zhejiang Yide Technology Co., Ltd. Main Business and Markets Served

Table 107. Zhejiang Yide Technology Co., Ltd. Recent Developments/Updates

Table 108. Nanyang Electric Group Smart Power Quality Correct Device Company Information

Table 109. Nanyang Electric Group Smart Power Quality Correct Device Specification and Application

Table 110. Nanyang Electric Group Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 111. Nanyang Electric Group Main Business and Markets Served

Table 112. Nanyang Electric Group Recent Developments/Updates

Table 113. Satons (Shanghai) power supply Co., Ltd. Smart Power Quality Correct Device Company Information

Table 114. Satons (Shanghai) power supply Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 115. Satons (Shanghai) power supply Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 116. Satons (Shanghai) power supply Co., Ltd. Main Business and Markets Served

Table 117. Satons (Shanghai) power supply Co., Ltd. Recent Developments/Updates

Table 118. DFPOWER(Beijing) Science and Technology Ltd. Smart Power Quality Correct Device Company Information

Table 119. DFPOWER(Beijing) Science and Technology Ltd. Smart Power Quality Correct Device Specification and Application

Table 120. DFPOWER(Beijing) Science and Technology Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 121. DFPOWER(Beijing) Science and Technology Ltd. Main Business and Markets Served

Table 122. DFPOWER(Beijing) Science and Technology Ltd. Recent Developments/Updates

Table 123. Brown Boveri Smart Power Quality Correct Device Company Information

Table 124. Brown Boveri Smart Power Quality Correct Device Specification and Application

Table 125. Brown Boveri Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 126. Brown Boveri Main Business and Markets Served

Table 127. Brown Boveri Recent Developments/Updates

Table 128. Ningbo Gaoyun Electric Co., Ltd. Smart Power Quality Correct Device Company Information

Table 129. Ningbo Gaoyun Electric Co., Ltd. Smart Power Quality Correct Device Specification and Application

Table 130. Ningbo Gaoyun Electric Co., Ltd. Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 131. Ningbo Gaoyun Electric Co., Ltd. Main Business and Markets Served

Table 132. Ningbo Gaoyun Electric Co., Ltd. Recent Developments/Updates

Table 133. Valeray Power Smart Power Quality Correct Device Company Information

Table 134. Valeray Power Smart Power Quality Correct Device Specification and Application

Table 135. Valeray Power Smart Power Quality Correct Device Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 136. Valeray Power Main Business and Markets Served

Table 137. Valeray Power Recent Developments/Updates

Table 138. Key Raw Materials Lists

Table 139. Raw Materials Key Suppliers Lists

Table 140. Smart Power Quality Correct Device Distributors List

Table 141. Smart Power Quality Correct Device Customers List

Table 142. Smart Power Quality Correct Device Market Trends

Table 143. Smart Power Quality Correct Device Market Drivers

Table 144. Smart Power Quality Correct Device Market Challenges

Table 145. Smart Power Quality Correct Device Market Restraints

Table 146. Research Programs/Design for This Report

Table 147. Key Data Information from Secondary Sources

Table 148. Key Data Information from Primary Sources

Table 149. Authors List of This Report

List of Figures

Figure 1. Product Picture of Smart Power Quality Correct Device

Figure 2. Global Smart Power Quality Correct Device Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Smart Power Quality Correct Device Market Share by Type: 2024 VS 2031

Figure 4. 30kvar Product Picture

Figure 5. 50kvar Product Picture

Figure 6. 75kvar Product Picture

Figure 7. 100kvar Product Picture

Figure 8. 200kvar Product Picture

Figure 9. Others Product Picture

Figure 10. Global Smart Power Quality Correct Device Market Value by Network Structure, (US$ Million) & (2020-2031)

Figure 11. Global Smart Power Quality Correct Device Market Share by Network Structure: 2024 VS 2031

Figure 12. Three-phase Three-wire System Product Picture

Figure 13. Three-phase Four-wire System Product Picture

Figure 14. Global Smart Power Quality Correct Device Market Value by Rated Current, (US$ Million) & (2020-2031)

Figure 15. Global Smart Power Quality Correct Device Market Share by Rated Current: 2024 VS 2031

Figure 16. 45A Product Picture

Figure 17. 75A Product Picture

Figure 18. 150A Product Picture

Figure 19. Other Product Picture

Figure 20. Global Smart Power Quality Correct Device Market Value by Installation Method, (US$ Million) & (2020-2031)

Figure 21. Global Smart Power Quality Correct Device Market Share by Installation Method: 2024 VS 2031

Figure 22. Outdoor Floor-standing Product Picture

Figure 23. Hanging Product Picture

Figure 24. Global Smart Power Quality Correct Device Market Value by Application, (US$ Million) & (2020-2031)

Figure 25. Global Smart Power Quality Correct Device Market Share by Application: 2024 VS 2031

Figure 26. City Grid

Figure 27. Rural Power Grid

Figure 28. Global Smart Power Quality Correct Device Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 29. Global Smart Power Quality Correct Device Production Value (US$ Million) & (2020-2031)

Figure 30. Global Smart Power Quality Correct Device Production Capacity (Units) & (2020-2031)

Figure 31. Global Smart Power Quality Correct Device Production (Units) & (2020-2031)

Figure 32. Global Smart Power Quality Correct Device Average Price (US$/Unit) & (2020-2031)

Figure 33. Smart Power Quality Correct Device Report Years Considered

Figure 34. Smart Power Quality Correct Device Production Share by Manufacturers in 2024

Figure 35. Global Smart Power Quality Correct Device Production Value Share by Manufacturers (2024)

Figure 36. Smart Power Quality Correct Device Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 37. The Global 5 and 10 Largest Players: Market Share by Smart Power Quality Correct Device Revenue in 2024

Figure 38. Global Smart Power Quality Correct Device Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 39. Global Smart Power Quality Correct Device Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 40. Global Smart Power Quality Correct Device Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Figure 41. Global Smart Power Quality Correct Device Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 42. North America Smart Power Quality Correct Device Production Value (US$ Million) Growth Rate (2020-2031)

Figure 43. Europe Smart Power Quality Correct Device Production Value (US$ Million) Growth Rate (2020-2031)

Figure 44. China Smart Power Quality Correct Device Production Value (US$ Million) Growth Rate (2020-2031)

Figure 45. Japan Smart Power Quality Correct Device Production Value (US$ Million) Growth Rate (2020-2031)

Figure 46. Global Smart Power Quality Correct Device Consumption by Region: 2020 VS 2024 VS 2031 (Units)

Figure 47. Global Smart Power Quality Correct Device Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 48. North America Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 49. North America Smart Power Quality Correct Device Consumption Market Share by Country (2020-2031)

Figure 50. U.S. Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 51. Canada Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 52. Europe Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 53. Europe Smart Power Quality Correct Device Consumption Market Share by Country (2020-2031)

Figure 54. Germany Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 55. France Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 56. U.K. Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 57. Italy Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 58. Netherlands Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 59. Asia Pacific Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 60. Asia Pacific Smart Power Quality Correct Device Consumption Market Share by Region (2020-2031)

Figure 61. China Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 62. Japan Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 63. South Korea Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 64. China Taiwan Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 65. Southeast Asia Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 66. India Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 67. Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 68. Latin America, Middle East & Africa Smart Power Quality Correct Device Consumption Market Share by Country (2020-2031)

Figure 69. Mexico Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 70. Brazil Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 71. Turkey Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 72. GCC Countries Smart Power Quality Correct Device Consumption and Growth Rate (2020-2031) & (Units)

Figure 73. Global Production Market Share of Smart Power Quality Correct Device by Type (2020-2031)

Figure 74. Global Production Value Market Share of Smart Power Quality Correct Device by Type (2020-2031)

Figure 75. Global Smart Power Quality Correct Device Price (US$/Unit) by Type (2020-2031)

Figure 76. Global Production Market Share of Smart Power Quality Correct Device by Application (2020-2031)

Figure 77. Global Production Value Market Share of Smart Power Quality Correct Device by Application (2020-2031)

Figure 78. Global Smart Power Quality Correct Device Price (US$/Unit) by Application (2020-2031)

Figure 79. Smart Power Quality Correct Device Value Chain

Figure 80. Channels of Distribution (Direct Vs Distribution)

Figure 81. Bottom-up and Top-down Approaches for This Report

Figure 82. Data Triangulation

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