Voltage Regulators used in power distribution play a crucial role in maintaining reliable power supply voltages across distribution lines irrespective of the fluctuating line and load conditions. This market is primarily driven by increasing power demand, expanding power distribution networks, and the need to provide reliable power supply with high efficiency. Replacement and upgrading of aged power distribution networks across countries in Europe and North America will provide attractive opportunities for the voltage regulators market in future.
Global "Voltage Regulators Market" for power distribution is projected to grow from USD 1.9 Billion to USD 2.4 Billion at a CAGR of from 4.7% 2014 to 2019. Increasing expenditure on power transmission and distribution infrastructure by utilities, along with growing demand for electricity from industrial and domestic sectors are some of the key drivers of voltage regulators market across the world.
With continuing industrialization in the fast-growing economies of Asia-Pacific, the Middle East and Africa and South America, there has been heavy spending on the construction of electrical power infrastructure, generating demand for voltage regulators. The migration of populations from rural to urban areas which comes along industrialization is stimulating demand for electricity consumption across these economies, leading to expansion of existing power distribution networks.
The global voltage regulators market based on type includes the segments of Ferroresonant and Tap-switching voltage regulators. The market on the basis of end-users has been segmented into commercial, industrial, and residential. Regional segments include the Americas, Europe, Asia-Pacific, and the Middle East & Africa, along with information for important countries in each region, such as the U.S., Brazil, the U.K., Germany, China, India, Japan, Saudi Arabia, U.A.E., South Africa, and others.
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Scope of the Report:
On the basis of type
- Ferroresonant
- Tap-switching
On the basis of End-user
- Commercial
- Industrial
- Residential
On the basis of Region
- Americas
- Europe
- Asia-Pacific
- Middle East & Africa
Best Application:
- Pole & Platform Mounted
- Pad Mounted
- Substation
The Leading Players in the market such as Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (U.S.), Maschinenfabrik Reinhausen (Germany), Eaton Corporation (U.S.), Howard Industries (U.S.), Toshiba Corporation (Japan), Basler Electric (U.S.), J. Schneider Elektrotechnik GmbH (Germany), and others
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