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Residential Power Conditioner Market Size – By Power Rating (≤ 10 kVA, > 10 kVA - 50 kVA, > 50 kVA - 150 kVA, > 150 kVA), By Product (Fixed Cycle Regulator, Variable Cycle Regulator), By Phase & Forecast, 2024 – 2032

  • Report ID: GMI10777
  • Published Date: Aug 2024
  • Report Format: PDF

Residential Power Conditioner Market Size

Residential Power Conditioner Market size was valued at USD 699.7 million in 2023 and is projected to grow at a CAGR of 4.4% between 2024 and 2032. The rising use of sensitive electronic equipment coupled with the growing need for clean and stable power will positively influence the industry landscape. Frequent power outages, voltage sags, and surges in certain regions drive homeowners to invest in power conditioners to protect their appliances and ensure a stable power supply.
 

Residential Power Conditioner Market

For instance, in April 2023, UK’s Triple Point Heat Networks Investment Management is announced the extension of the BHIVE heat investment platform for 2 years. BHIVE enables public sector heat network owners and developers to secure funding and commercialization services for their residential power conditioner projects.
 

A residential power conditioner is an electrical device designed to improve the quality of power supplied to electronic devices and appliances in a home. It typically serves to regulate voltage, suppress electrical noise & protect against power surges, spikes, and other electrical disturbances. By providing cleaner and more stable power, a power conditioner helps to enhance the performance, longevity, and reliability of sensitive electronic equipment such as home entertainment systems, computers and appliances.
 

Residential Power Conditioner Market Trends

Increasing awareness of the environmental impact of residential energy consumption is boosting interest in more efficient and sustainable power management solutions, which in turn will fuel the business landscape. The regulatory changes and standards focusing on power quality, energy efficiency, and grid stability are set to significantly influence the industry growth. Additionally, the growing adoption of renewable energy sources including solar power, has fueled the demand for power conditioners to manage the variable power quality associated with these systems.
 

Residential Power Conditioner Market Analysis

Residential Power Conditioner Market, By Power Rating, 2022-2032 (USD Million)

The > 10 kVA to 50 kVA power rated segment will exceed USD 200 million by 2032. These units are designed to handle significant electrical loads, making them ideal for residences with extensive electrical systems including high-end HVAC units, home theaters and complex smart home networks. The demand in this segment is driven by homeowners seeking to protect valuable electronics and ensure uninterrupted operation during voltage fluctuations or power surges.
 

Residential Power Conditioner Market Revenue Share, By Product, 2023

The variable cycle regulator residential power conditioner market size will observe a notable growth of over 4% through 2032. Are designed to adapt to fluctuating power demands by adjusting the voltage and frequency of the incoming electricity, ensuring consistent and reliable power supply to sensitive electronics. The rise in extreme weather events and aging power infrastructure will lead to adoption of these units. Furthermore, the evolution of smart grids requires precise voltage regulation to optimize grid performance will positively sway the product demand.
 

Asia Pacific Residential Power Conditioner Market Size, 2022 - 2032 (USD Million)

The Asia Pacific power conditioner market is set to surpass USD 450 million by 2032. The increasing adoption of smart home technologies along with rising demand for reliable power sources will foster the industry growth. The emphasis on improving home energy efficiency and protecting sensitive electronics from power disturbances will further influence the demand curve for the industry. Additionally, there is a shift towards eco-friendly and energy-efficient models as environmental awareness rises will favor the business scenario.
 

Rising adoption of renewable energy sources coupled with the ongoing integration of backup power systems will U.S. power conditioner market. Shifting focus toward the development of smart homes in line with rising prevalence of sensitive electronic devices will energize the business dynamics. The industry is further supported by advancements in technology, leading to the development of more efficient and compact units. In addition, growing demand for high-capacity and multifunctional units will drive the product penetration.
 

Residential Power Conditioner Market Share

Residential Power Conditioner Market Share Analysis, 2023

ABB is one of the global leaders in electrification and automation technologies known for its innovative solutions in power and automation systems. The company provides advanced products and services to a wide range of industries including utilities, transportation, and infrastructure. It focuses on energy efficiency, sustainable development, and digital transformation, integrating cutting-edge technologies like robotics, AI, and IoT into its offerings.
 

ABB is renowned for its high-quality power conditioners, which help stabilize and manage electrical systems for various applications. Committed to driving technological advancements and improving operational efficiency, ABB continues to shape the future of industry with its comprehensive portfolio of solutions.
 

Residential Power Conditioner Market Companies

The key industry players include:

  • ABB
  • AMETEK Inc.
  • Delta Electronics, Inc.
  • Eaton
  • Emerson Electric Co.
  • Furman
  • Fuji Electric
  • Hubbell
  • Legrand
  • Mitsubishi Electric Corporation
  • NEELKANTH POWER SOLUTIONS
  • Panasonic
  • Schneider Electric
  • SERVOMAX LIMITED
  • SOLAHD
  • Sollatek
  • SPECTRUMSTAB INDIA PVT. LTD.
  • Static Power
  • Unico, LLC
  • Vishay
     

Residential Power Conditioner Industry News

  • In April 2024, Fuji Electric India highlighted its commitment to safety and operational excellence, showcasing its extensive service network and advanced training programs. Fuji Electric India is dedicated to leveraging its comprehensive service capabilities to support critical industries, reinforcing its role as a reliable partner in power backup and conditioning services.
     
  • In February 2024, Delta Electronics displayed its cutting-edge power conditioning solutions at the Energy Storage Summit 2024 in the UK. Emphasizing its dedication to energy advancement, Delta will introduce its innovative SKID-based plug-and-play Energy Storage System (ESS) tailored for Commercial & Industrial (C&I) use. This system combines power conditioning with integrated batteries and control systems to enhance energy management, facilitate peak shaving, and improve solar power self-consumption. For utility applications, Delta will present its MW-level Power Conditioning Systems (PCS) and DeltaGrid Energy Management System, designed to boost grid reliability, and address the challenges of dynamic energy demands.
     

The residential power conditioner market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD Million” from 2021 to 2032, for the following segments:

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Market, By Power Rating

  • ≤ 10 kVA
  • > 10 kVA - 50 kVA
  • > 50 kVA - 150 kVA
  • > 150 kVA

Market, By Product

  • Fixed Cycle Regulator
  • Variable Cycle Regulator

Market, By Phase

  • Single Phase
  • Three Phase

The above information has been provided for the following countries:

  • North America
    • U.S.
    • Canada
    • Mexico 
  • Europe
    • Germany
    • France
    • Russia
    • UK
    • Italy
    • Spain
    • Netherlands
    • Austria
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • New Zealand
    • Malaysia
    • Indonesia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Egypt
    • South Africa
    • Nigeria
    • Kuwait
    • Oman
  • Latin America
    • Brazil
    • Peru
    • Argentina

 

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of residential power conditioner reached USD 699.7 million in 2023 and is set to expand at 4.4% CAGR through 2032, supported by the growing use of sensitive electronic equipment and the demand for clean stable power.

The residential power conditioner industry from the variable cycle segment is set to grow at over 4% through 2032, driven by the need for stable power amid extreme weather and aging infrastructure.

Asia Pacific market will exceed USD 450 million by 2032, fueled by the growing adoption of smart home technologies and the rising need for dependable power sources.

ABB, AMETEK Inc., Delta Electronics, Inc., Eaton, Emerson Electric Co., Furman, Fuji Electric, Hubbell, Legrand, Mitsubishi Electric Corporation, NEELKANTH POWER SOLUTIONS, Panasonic, Schneider Electric, SERVOMAX LIMITED, SOLAHD, Sollatek, SPECTRUMSTAB INDIA PVT. LTD., Static Power, Unico, LLC, and Vishay.

Residential Power Conditioner Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 45
  • Countries covered: 30
  • Pages: 125
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