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Switching Residential Voltage Regulator Market Trends

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

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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.

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.