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Switching Residential Voltage Regulator Market Size – By Phase (Single Phase, Three Phase), By Voltage (≤ 5 kVA, > 5 kVA to 20 kVA, > 20 kVA to 40 kVA) & Forecast, 2024 – 2032

  • Report ID: GMI10046
  • Published Date: Jun 2024
  • Report Format: PDF

Switching Residential Voltage Regulator Market Size

Switching Residential Voltage Regulator Market size was valued at USD 185.7 million in 2023 and is projected to grow at a CAGR of 8.1% between 2024 and 2032. The escalating demand for efficient & reliable power supply units combined with the proliferation of advanced home management systems and home devices will energize the industry dynamics. Surging requirement for voltage regulation to avert overload in line with growing usage of electronic home appliances and devices will foster the industry scenario.
 

Switching Residential Voltage Regulator Market

A switching residential voltage regulator is a device designed to manage and stabilize the voltage levels within a residential electrical system. Increasing technological advancements comprising of IoT enabled voltages regulators which offers enhanced reliability, thereby propelling business potential. In addition, government of the respective regions and energy agencies are prioritizing energy efficiency in line with promoting use of these units to minimize energy waste & optimize power consumption will sway the demand these voltage regulators.
 

Switching Residential Voltage Regulator Market Trends

The industry is witnessed exponential growth on account of rapid expansion of residential establishment and growing adoption of smart home technologies. The continuous upgradation of existing power grid infrastructure to accommodate high loads in line with ongoing incorporation of renewable energy systems will complement the deployment of residential voltage regulators. Moreover, increasing frequency of power outages and surges coupled with natural disasters & grid instability occurrence will influence the industry scenario.
 

Switching Residential Voltage Regulator Market Analysis

Switching Residential Voltage Regulator Market Size, By Phase, 2022 - 2032 (USD Million)

The three phase switching residential voltage regulator segment size will exceed USD 200 million by 2032. The increasing need for highly efficient voltage regulators to maintain power continuity and protect household electronic in line with burgeoning investment by the key industry private and public players toward reliable systems which in turn will fuel the product penetration. Growing integration of smart units which offer remote control, automation, and real time monitoring along with ensuring stable power supply & reducing energy consumption will proliferate the market growth.
 

Switching Residential Voltage Regulator Market Revenue Share, By Voltage, 2023

The > 5 kVA to 20 kVA switching residential voltage regulator market size will observe a notable growth of over 8% through 2032. The industry has witnessed substantial growth driven by IoT-enabled devices and incorporation of digital control systems. Stringent government measures for adopting efficient energy units in conjunction with refurbishment of multifamily apartments will further drive the business potential. Increasing customer awareness toward the importance of voltage regulation in safeguarding appliances and ensuring safety will spur the business opportunities.
 

Asia Pacific Switching Residential Voltage Regulator Market Size, 2022 - 2032 (USD Million)

The Asia Pacific switching residential voltage regulator market is set to go beyond USD 100 million by 2032. The region is observing significant growth owing to rapid economic development and expansion of high-quality residential infrastructure. Continuous deployment of renewable energy source including solar and wind technologies in line with growing necessity for handling variable power inputs, thereby enhancing product penetration. Moreover, the ongoing electrification of rural areas coupled with the growing energy demand in urban centers will influence the industry outlook.
 

U.S. switching residential voltage regulator industry is poised for rapid advancement in electronic controls and integration with smart home systems. Increasing infrastructure development and urbanization growth along with the need for reliable power supply solutions will bolster the industry scenario. Favorable government incentives programs, tax rebates, and subsidies combined with rising disposable incomes will stimulate the business dynamics.
 

Switching Residential Voltage Regulator Market Share

Switching Residential Voltage Regulator Market Share Analysis, 2023

General Electric operates as an infrastructure and technology company. It operates through various segments including renewable energy, power, oil & gas, healthcare, energy management, transportation, appliances & lighting, aviation, and capital. Its power segment offers distributed power gas engines, gas and steam power systems, service, maintenance, wastewater treatment, process system solutions, and support services. The company’s oil & gas segment offers surface & subsea drilling systems, production systems, turbines, industrial power generation, high-pressure reactors, and equipment for floating production platforms.
 

Switching Residential Voltage Regulator Market Companies

The key industry players include:

  • Analog Devices, Inc.
  • BTRAC Ltd.
  • Eaton
  • General Electric
  • Infineon Technologies AG
  • Legrand
  • Maschinenfabrik Reinhausen GmbH
  • MaxLinear
  • Microchip Technology Inc.
  • NXP Semiconductors
  • Purevolt
  • Ricoh USA, Inc.
  • ROHM Co. Ltd.
  • SEMTECH
  • Siemens
  • Sollatek
  • STMicroelectronics
  • TOREX SEMICONDUCTOR LTD.
  • Vicor
  • Vishay Intertechnology, Inc.
     

Switching Residential Voltage Regulator Industry News

  • In May 2024, Eaton launched its new manufacturing facility in Santiago de los Caballeros, marking a strategic move to bolster supply chain capabilities crucial for data centers, energy storage systems, renewable energy initiatives, and electric vehicle infrastructure. This expansion underscores Eaton's commitment to enhancing manufacturing capabilities for voltage regulators, transformers, and EV charging technologies, further solidifying its leadership in the industry.
     
  • In December 2023, Infineon introduced a new series of synchronous buck regulators tailored for DC-DC point-of-load (POL) applications, featuring models capable of handling 12 A and 20 A. These regulators utilize a rapid constant on-time control scheme to enhance operational efficiency, delivering rapid transient response and reducing reliance on passive components to optimize board space utilization. Engineered to operate effectively within a broad voltage range from 4.0 V to 16 V, they also offer flexibility for extended application scenarios through external bias supply integration in diverse DC-DC configurations.
     

The switching residential voltage regulator 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 Phase

  • Single Phase
  • Three Phase

Market, By Voltage

  • ≤ 5 kVA
  • > 5 kVA to 20 kVA
  • > 20 kVA to 40 kVA

The above information has been provided for the following regions and 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, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of switching residential voltage regulator reached USD 185.7 million in 2023 and is set to witness 8.1% CAGR between 2024 and 2032, led by regulations toward energy efficiency and power quality along with the rising demand for energy efficiency

The three-phase segment in the switching residential voltage regulator industry is expected to reach USD 200 million by 2032, due to strong demand for efficiency, power protection, smart integration, and increased investments in reliable systems.

Asia Pacific switching residential voltage regulator market is expected to reach USD 100 million by 2032, owing to rapid economic development and expansion of high-quality residential infrastructure.

Analog Devices, Inc., BTRAC Ltd., Eaton, General Electric, Infineon Technologies AG, Legrand, Maschinenfabrik Reinhausen GmbH, MaxLinear, Microchip Technology Inc., NXP Semiconductors, and Purevolt, among others.

Switching Residential Voltage Regulator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 40
  • Countries covered: 30
  • Pages: 115
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