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Commercial Voltage Regulator Market Trends

Report ID: GMI10174
Published Date: Jul 2024
Report Format: PDF

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Commercial Voltage Regulator Market Trends

The industry is set to witness significant growth on account of robust development of commercial infrastructure and refurbishment of existing power grid. Growing technological innovation including automatic adjustment and real time monitoring along with ensuring efficiency & functional capability of these units, which in turn will positively sway the industry outlook. In addition, increasing power outages across emerging economies in association with rising natural disasters occurrence and grid instability will influence the business dynamics.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of commercial voltage regulator was reached USD 1.02 billion in 2023 and is anticipated to register 8.2% CAGR between 2024 and 2032, due to the robust expansion of data centers and telecommunications infrastructure.

The three phase segment in the commercial voltage regulator market will witness 8% CAGR through 2032, on account of increasing necessity for stable and reliable power supply in commercial establishments.

Asia Pacific commercial voltage regulator market is set to surpass USD 700 million by 2032, owing to frequent power outages caused by aging infrastructure and extreme weather events.

Analog Devices, Inc., Basler Electric Company, BTRAC Ltd., Eaton, General Electric, Hindustan Power Control System, Infineon Technologies AG, Legrand, Maschinenfabrik Reinhausen GmbH, and MaxLinear, among others.