Voltage Regulators Market will dominate the market by 2019

From: MNM
Published: Fri Jul 21 2017

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. Asia-Pacific was the single-largest market for voltage regulators in 2013 with 43.5% share, and is set to continue its dominance till 2019. The Middle East and Africa is projected to emerge as the fastest growing market during the forecast period, exhibiting a CAGR of 5.2% from 2014 to 2019, followed by Asia-Pacific at 5.0% and the Americas at 4.3% during the same period.

Global voltage regulators market has been segmented on the basis of type, end-users, and region, in terms of value. The market segments by type include Ferro resonant and tap-switching voltage regulators, by end-users include commercial, industrial, and residential, and by region include Americas, Europe, Asia-Pacific, and the Middle East and Africa. The regional segment has been further divided into country-wise segmentation which includes the U.S., Brazil, the U.K., Germany, China, India, Saudi Arabia, South Africa, and others.

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.

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Scope Of Report:
In 2014, Asia-Pacific is estimated to be the largest market for voltage regulators, and is projected to remain so till 2019. The key players in this market undertake various contracts and agreements (including joint ventures, collaborations, and partnerships) as well as mergers and acquisitions to increase their share in the market. The leading voltage regulators supplier companies are expanding rapidly in fast-growing markets such as Asia-Pacific, the Middle East and Africa, and South America by opening new sales and service channels, expanding manufacturing capacities, and establishing specialized R&D centers.

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Key Player Analysis:
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 have been profiled in this report.

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