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Voltage Stabilizer System Market

Voltage Stabilizer System Market (Application - Building Automation, HVAC System, Industrial (Other Power), Power Transmission and Distribution System, Communication Systems, and Consumer Electronics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Global Voltage Stabilizer Systems Market: Snapshot

A voltage stabilizer is used for ensuring a steady level of voltage automatically for various electrical gadgets to prevent them from any kind of damage due to voltage fluctuations. These systems are predominantly used for regulating DC and AC voltages. The unprecedented rise in the consumption of power has led a significant demand for voltage stabilizer systems. The research report states that the global voltage stabilizer systems market is likely to be worth US$25.39 bn by the end of 2024 as compared to US$14.11 bn in 2015. Between the forecast period of 2016 and 2024, the global market is projected to expand at a CAGR of 6.66%.

voltage stabilizer systems market

Rising Expenditure on Consumer Electronics to Propel Market Growth

The growing demand for voltage stabilizer systems is attributable to the increasing adoption of building automation, especially in the developing regions, which face a major power crunch. Furthermore, the growing disposable incomes being spent on consumer electronics has also augmented the demand for voltage stabilizer systems. The report predicts that ongoing upgradation of transmission and power distribution networks in developed regions will also make significant difference to the escalating revenue of the global market. However, the market does face a few challenges such as the emerging trend of the green revolution. As consumers and governments are vying to bring down the carbon emissions, both the parties are expected to reduce the expenditure on electronics, thereby cutting down the need for voltage stabilizer systems.

Building Automation Shows Steady Growth as Consumers Seek Safety

In terms of application, the global voltage stabilizer systems market is segmented into HVAC, building automation, industries (other than power), communication systems, power transmission and distribution, and consumer electronics. Of these, building automation leads the pack due to the growing demand for automation and centralized access in developed regions. Furthermore, the increasing demand for HVAC systems, centralized heating, ventilation, and air-conditioning has also boosted the demand for voltage stabilizer systems. The demand for centralized security access due to growing concerns pertaining to safety have also propelled the overall market. Lastly, the increasing uptake of these systems in emerging industrial areas, where fluctuations in power are frequent are also expected to drive the demand for voltage stabilizer systems market.

On the basis of geography, the global voltage stabilizer system market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Of these regions, the North America voltage stabilizer systems market is expected to grow at a phenomenal pace due to extensive usage in building automation in the region. Europe and Asia-Pacific are expected to follow suit in the coming years. Asia Pacific is expected to offer lucrative opportunities to the overall market as the region is adopting voltage stabilizer systems with the expansion of power distribution and transmission networks. As the developing countries are looking at connecting cities and villages with power transmission and distribution systems, the demand is slated to show a continuous rise.

The key players operating in the global voltage stabilizer systems market are Siemens AG, Voltas Limited, V-Guard Industries Ltd, Kon?ar Group, and Reinhausen Group among many others. The competitive landscape of the global market is quite fragmented due to the presence of several players. These companies are expected to focus on research and development to launch improved products that deliver efficiency.

Increasing Electricity Distribution Initiatives to Add Extra Stars of Growth to the Voltage Stabilizer Systems Market

The voltage stabilizer systems market is expected to gain considerable growth across the assessment period of 2016-2024 on the back of the rising electrification initiatives taken by a wide range of countries around the world. These stabilizers are used in power distribution systems for upgrading them. Furthermore, the booming population numbers have also led to an increase in electricity distribution initiatives, propelling growth opportunities. All these aspects will bring tremendous growth prospects for the voltage stabilizer systems market.

  • Voltage stabilizer systems play a major role in regulating the supply voltage to the load. These systems are beneficial as they consume very little power and helps in operating the power systems in an acceptable voltage range. The growing popularity of these systems will bring immense growth prospects for the voltage stabilizer systems market.
  • Research and development activities form an important aspect of the growth trajectory. The players in the voltage stabilizer systems market are involved in these activities for exploring new insights. These insights help in formulating new upgrades and features that appeal more to the end-users. All these factors eventually help in increasing the growth rate of the voltage stabilizer systems market.
  • Strategic collaborations also play a major role in the growth of the voltage stabilizer systems market. The players are involved in mergers, acquisitions, joint ventures, and partnerships for increasing their influence across the voltage stabilizer systems market, ultimately sowing the seeds of growth.
  • The COVID-19 pandemic has ruined the growth prospects of the voltage stabilizer systems market to a considerable extent. The growing menace of the virus forced many countries to enforce strict stay-at-home orders. Under these orders, manufacturing units and production facilities were shut for a substantial period, which had a large negative impact on the voltage stabilizer systems market. However, the relaxations in the restrictions will prove to be a game-changer for the voltage stabilizer systems market.

By Application
  • Building Automation
  • HVAC system
  • Industrial (Other Power)
  • Power Transmission and Distribution System
  • Communication System
  • Consumer Electronics
  • Others

By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Rest of APAC
  • Middle East & Africa
    • U.A.E
    • South Africa
    • Saudi Arabia
    • Rest of Middle East and Africa (MEA)
  • Latin America
    • Brazil
    • Rest of Latin America

    Section 1 Preface
    1.1 Market Definition and Scope
    1.2 Market Segmentation
    1.3 Key Research Objectives
    1.4 Research Highlights

    Section 2 Assumptions and Research Methodology

    Section 3 Executive Summary: Voltage Stabilizer Systems Market

    Section 4 Market Overview
    4.1 Product Overview
    4.2 Drivers and Restraints Snapshot Analysis
    4.3 Drivers
    4.4 Restraints
    4.5 Key Opportunities
    4.6 Voltage stabilizer systems Market Size Forecast

    Section 5 Voltage Stabilizer Systems Market Analysis By Application Type
    5.1 Key Findings
    5.2 Introduction
    5.3 Global Voltage Stabilizer Systems Market Value Share Analysis, By Application Type 
    5.4 Voltage Stabilizer Systems Market Analysis By Application 
    5.5 Voltage Stabilizer Systems Market Attractiveness Analysis, By Application Type

    Section 6 Voltage Stabilizer System Market Analysis By Region
    6.1 Global Regulatory Scenario
    6.2 Global Voltage Stabilizer Market Value Share Analysis, By Region Type
    6.3 Global Voltage Stabilizer Systems Market Forecast By Application 

    Section 7 North America Voltage Stabilizer System Market Analysis
    7.1 North America voltage stabilizer system Market Overview
    7.2 North America Market Value Share Analysis, By Application Type
    7.3 North America Voltage Stabilizer Systems Market Forecast By Application 
    7.4 North America Market Value Share Analysis, By Country
    7.5 North America Market Forecast By Country

    Section 8 Europe voltage stabilizer system Market Analysis
    8.2 Europe voltage stabilizer system Market Overview
    8.3 Europe Market Value Share Analysis, By Application Type
    8.4 Europe Market Value Share Analysis, By Country
    8.5 Europe Market Forecast By Country

    Section 9 Asia Pacific Voltage Stabilizer System Market Analysis
    9.1 Asia Pacific Voltage Stabilizer System Market Overview
    9.2 Asia Pacific Market Value Share Analysis, By Application Type
    9.3 Asia Pacific Voltage Stabilizer Systems Market Forecast By Application 
    9.4 Asia Pacific Market Value Share Analysis, By Country
    9.5 Asia Pacific Market Forecast By Country

    Section 10 Middle East and Africa (MEA) voltage stabilizer system Market Analysis
    10.1 Middle East and Africa (MEA) Voltage Stabilizer System Market Overview
    10.2 MEA Market Value Share Analysis, By Application Type
    10.3 MEA Voltage Stabilizer Systems Market Forecast By Application 
    10.4 MEA Market Value Share Analysis, By Country
    10.5 MEA Market Forecast By Country

    Section 11  Latin America Voltage Stabilizer System Market Analysis
    11.1 Latin America Voltage Stabilizer System Market Overview
    11.2 Latin America Market Value Share Analysis, By Application Type
    11.3 Latin America Voltage Stabilizer Systems Market Forecast By Application 
    11.4 Latin America Market Value Share Analysis, By Country
    11.5 Latin America Market Forecast By Country

    Section 12  Company Profiles
    12.1 Siemens AG 
           12.1.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.1.2 Market Presence, by Segment and Geography
           12.1.3 Key Developments
           12.1.4 Strategy and Historical Roadmap
           12.1.5 Revenue and Operating Profits
    12.2 Voltas Limited
           12.2.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.2.2 Market Presence, by Segment and Geography
           12.2.3 Key Developments
           12.2.4 Strategy and Historical Roadmap
           12.2.5 Revenue and Operating Profits
    12.3 V-Guard Industries Ltd
           12.3.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.3.2 Market Presence, by Segment and Geography
           12.3.3 Key Developments
           12.3.4 Strategy and Historical Roadmap
           12.3.5 Revenue and Operating Profits
    12.4 EREMU S.A.
           12.4.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.4.2 Market Presence, by Segment and Geography
           12.4.3 Key Developments
           12.4.4 Strategy and Historical Roadmap
           12.4.5 Revenue and Operating Profits
           12.5 Kon?ar Group
           12.5.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.5.2 Market Presence, by Segment and Geography
           12.5.3 Key Developments
           12.5.4 Strategy and Historical Roadmap
           12.5.5 Revenue and Operating Profits
    12.6 Reinhausen Group
           12.6.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.6.2 Market Presence, by Segment and Geography
           12.6.3 Key Developments
           12.6.4 Strategy and Historical Roadmap
           12.6.5 Revenue and Operating Profits
    12.7 Get Electronique
           12.7.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.7.2 Market Presence, by Segment and Geography
           12.7.3 Key Developments
           12.7.4 Strategy and Historical Roadmap
           12.7.5 Revenue and Operating Profits
    12.8 ACUPWR
           12.8.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.8.2 Market Presence, by Segment and Geography
           12.8.3 Key Developments
           12.8.4 Strategy and Historical Roadmap
           12.8.5 Revenue and Operating Profits
           12.9 Control Technologies FZE 
           12.9.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.9.2 Market Presence, by Segment and Geography
           12.9.3 Key Developments
           12.9.4 Strategy and Historical Roadmap
           12.9.5 Revenue and Operating Profits
    12.10 General Technologies, Inc. 
           12.10.1 Company Details (HQ, Foundation Year, Employee Strength)
           12.10.2 Market Presence, by Segment and Geography
           12.10.3 Key Developments
           12.10.4 Strategy and Historical Roadmap
           12.10.5 Revenue and Operating Profits

    List of Tables

    Table 1 Global Stabilizer Systems Market Size (USD Bn) Forecast, By Application Type, 2015–2024
    Table 2 Global Voltage Stabilizer Systems Market Size (USD) Forecast, By Application Type, 2015–2024
    Table 3 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Application Type, 2015–2024
    Table 4 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Country, 2015–2024
    Table 5 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Application Type, 2015–2024
    Table 6 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Country, 2015–2024
    Table 7 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Application Type, 2015–2024
    Table 8 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Country, 2015–2024
    Table 9 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Application Type, 2015–2024
    Table 10 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Country, 2015–2024
    Table 11 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Application Type, 2015–2024
    Table 12 Voltage Stabilizer Systems Market Size (USD Bn) Forecast, By Country, 2015–2024

    List of Figures 

    Fig 1 Global Voltage stabilizer systems Market Size (USD Bn) Forecast, 2015–2024
    Fig 2 Global Voltage Stabilizer Systems Market Value Share Analysis By Application Type, 2015 and 2024
    Fig 3 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 4 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 5 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 6 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 7 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 8 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 9 Voltage Stabilizer Systems  Market Analysis By Application, 2015-2024
    Fig 10 Voltage stabilizer system Market Attractiveness Analysis By Application Type
    Fig 11 Global voltage stabilizer system Market Value Share Analysis By Region Type, 2015 and 2024
    Fig 12 North America voltage stabilizer system Market Size (USD Bn) Forecast, 2015–2024
    Fig 13 North America Market Value Share Analysis By Application Type, 2016 and 2024
    Fig 14 North America Market Value Share Analysis By Country, 2016 and 2024
    Fig 15 Europe Voltage Stabilizer System Market Size (USD Bn) Forecast, 2015–2024
    Fig 16 Europe Market Value Share Analysis By Application Type, 2015 and 2024
    Fig 17 Europe Market Value Share Analysis By Country, 2015 and 2024
    Fig 18 Asia Pacific Voltage Stabilizer System Market Size (USD Bn) Forecast, 2015–2024
    Fig 19 Asia Pacific Market Value Share Analysis By Application Type, 2015 and 2024
    Fig 20 Asia Pacific Market Value Share Analysis By Country, 2015 and 2024
    Fig 21 MEA Voltage Stabilizer System Market Size (USD Bn) Forecast, 2015–2024
    Fig 22 MEA Market Value Share Analysis By Application Type, 2015 and 2024
    Fig 23 MEA Market Value Share Analysis By Country, 2015 and 2024
    Fig 24 Latin America Voltage Stabilizer System Market Size (USD Bn) Forecast, 2015–2024
    Fig 25 Latin America Market Value Share Analysis By Application Type, 2015 and 2024
    Fig 26 Latin America Market Value Share Analysis By Country, 2015 and 2024

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Voltage Stabilizer System Market

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