Automatic Power Factor Controller Market by Type (Active APFC and Passive APFC), Component (Relays, Capacitors, Displays, Microcontrollers, Switches, and Resistors), Industry and Geography - Global Forecast to 2022

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Date: 06-Sep-2016
No. of pages: 189
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“The APFC market to grow at a CAGR of 4.6% between 2016 and 2022”

The global APFC market is estimated to be worth USD 4.78 billion by 2022, growing at a CAGR of 4.6% between 2016 and 2022. A key driving factor for the growth of the market is the growing demand for power management devices in industries. The adoption of APFCs in most of the industries such as manufacturing, commercial, utility, enterprise, and military is a driving the APFC market growth. The APFCs saves power, manages power factor, and reduce electricity cost, thereby acting as the driver for the market.

“Utility industry is expected to exhibit the impressive growth in the APFC market during the forecast period”

Most of the utility industries started adopting APFCs for improving the quality of reactive power and also for reducing power losses in distribution systems. Utility industries, such as power plants, cause current harmonics due to the presence of non-linear loads. These current harmonics reduction has been done by APFC panels; hence, protect the electronic devices from damage. Additionally, most of the utility industries put efforts to improve the power factor begin with banks of medium-voltage capacitors installed in the high-voltage and medium-voltage transformer substations. Vendors that provide APFCs for the utility industry include Eaton Corporation (Ireland), General Electric (U.S.), Schneider Electric SE (France), and Texas Instruments Inc. (U.S.),among others.

“APAC region to be the fastest-growing market for automatic power factor controllers”

The market in APAC is expected to grow at the highest CAGR between 2016 and 2022, owing to the increasing industrialization and urbanization in this region. The growing investments for infrastructure development in the Asia-pacific region have increased the demand for power management devices. Automatic power factor controller is one such device that helps to maintain the power factor and reduces losses in electric systems. Japan, China, India, and South Korea cover the maximum APFC market in the APAC region.

Breakdown of profile of primary participants:


  • By Company Type: Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%

  • By Designation: C-Level Executives - 35%, Directors - 25%, and Others - 40%

  • By Region: North America - 45%, APAC - 30%, Europe - 20%, and RoW - 5%


The major key players offering various products in the APFC market include ABB Ltd. (Switzerland), General Electric (U.S.), Eaton Corporation (Ireland), Schneider Electric SE (France), ON Semiconductor Corporation (U.S.),Fairchild Semiconductor International Inc. (U.S.), EPCOS AG (Germany), Texas Instruments Inc. (U.S.), STMicroelectronics N.V. (Switzerland), Crompton Greaves Ltd. (India), and Larsen &Toubro Ltd. (India).

Objective of the Study:


  • To define, describe, and forecast the global automatic power factor controller market segmented on the basis of type, component, and industry

  • To describe installation types of automatic power factor controllers, namely, self-standing APFCs and wall-mounted APFCs

  • To forecast the market size, in terms of value and volume, for various segments with regard to four main regions, namely, North America, Europe, Asia-Pacific, and RoW

  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)

  • To strategically analyze the micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market

  • To analyze the opportunities in the market for stakeholders by identifying high-growth segments of the global automatic power factor controller market

  • To strategically profile key players, comprehensively analyze their market share and core competencies2, and detail the competitive landscape of the market

  • To analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches &developments, business expansions, and research & development in the global automatic power factor controller market

  • To use the Porter’s five forces model to gauge the entry barriers to this market, along with the analysis of the value chain and market roadmaps to study the evolution and timeline of the automatic power factor controller market


The Target Audience:


  • APFC device manufactures

  • Software developers

  • Research organizations and consulting companies

  • Associations, forums, and alliances related to power factor correction  

  • Investors

  • Key players ABB Ltd. (Switzerland), General Electric (U.S.), Schneider Electric SE (France), ON Semiconductor

  • Corporation (U.S.), STMicroelectronics N.V. (Switzerland), and so on


Scope of the Report:

This report categorizes the global market for automatic power factor controller on the basis of type, component, industry, and region.

On the Basis of Type:


  • Active APFCs

  • Passive APFCs


On the Basis of Component:


  • Relays

  • Capacitors

  • Displays

  • Microcontrollers

  • Switches

  • Resistors


On the Basis of Industry:


  • Manufacturing

  • Utility

  • Commercial

  • Enterprise

  • Military


On the Basis of Region:

North America


  • U.S.

  • Canada

  • Mexico


Europe


  • Germany

  • U.K.

  • France

  • Rest of Europe


APAC


  • China

  • Japan

  • India

  • South Korea

  • Rest of APAC


RoW


  • Middle East and Africa

  • South America

Automatic Power Factor Controller Market by Type (Active APFC and Passive APFC), Component (Relays, Capacitors, Displays, Microcontrollers, Switches, and Resistors), Industry and Geography - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographical Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption
2.4.1 Assumption

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Automatic Power Factor Controller Market
4.2 Automatic Power Factor Controller Market, By Type
4.3 Automatic Power Factor Controller Market, 2015
4.4 U.S. Held the Largest Share of the APFC Market in 2015

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Automatic Power Factor Controller Market, By Type
5.2.2 Automatic Power Factor Controller Market, By Component
5.2.3 Automatic Power Factor Controller Market, By Industry
5.2.4 Installation Types of Automatic Power Factor Controllers
5.2.5 Automatic Power Factor Controller Market, By Geography
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Need for Energy Conservation in Industries and Home Utilities to Reduce Power Losses
5.3.1.2 Growing Requirement of Preventing Damage to Appliances and Equipment Due to Overvoltage Conditions
5.3.2 Restraints
5.3.2.1 High Initial Cost of Installation of Automatic Power Factor Controller Panels for Industrial Verticals
5.3.3 Opportunities
5.3.3.1 Growing Investments in Developing Economies in Infrastructure
5.3.4 Challanges
5.3.4.1 Designing Complex Circuits By Following Standards and Regulatory Requirements to Enhance the Power Factor

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Intensity of Competitive Rivalry
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Threat of New Entrants

7 Automatic Power Factor Controller Market, By Type
7.1 Introduction
7.2 Passive APFCs
7.3 Active APFCs

8 Automatic Power Factor Controller Market, By Component
8.1 Introduction
8.2 Relays
8.3 Capacitors
8.4 Resistors
8.5 Displays
8.6 Microcontrollers
8.7 Switches

9 Automatic Power Factor Controller Market, By Installation Type
9.1 Introduction
9.2 Self-Standing APFC Panels
9.3 Wall-Mounted APFC Panels

10 Automatic Power Factor Controller Market, By Industry
10.1 Introduction
10.2 Manufacturing
10.3 Utility
10.4 Commercial
10.5 Enterprise
10.6 Military

11 Automatic Power Factor Controller Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K.
11.3.2 Germany
11.3.3 France
11.3.4 Rest of Europe
11.4 Asia-Pacific (APAC)
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World (RoW)
11.5.1 Middle East and Africa
11.5.2 South America

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking for Automatic Power Factor Controller Market
12.3 Competitive Analysis
12.4 Recent Developments
12.4.1 New Product Developments: Automatic Power Factor Controller Market
12.4.2 Agreements, Partnerships, Joint Ventures & Collaborations
12.4.3 Agreements
12.4.4 Others

13 Company Profile
13.1 Introduction
13.2 ABB Ltd.
13.2.1 Business Overview
13.2.2 Products & Services
13.2.3 Recent Developments
13.2.4 MnM View
13.2.4.1 SWOT Analysis
13.3 General Electric Company
13.3.1 Business Overview
13.3.2 Products Offered
13.3.3 Recent Developments
13.3.4 MnM View
13.3.4.1 SWOT Analysis
13.4 Eaton Corporation
13.4.1 Business Overview
13.4.2 Products Offered
13.4.3 Recent Developments
13.4.4 MnM View
13.4.4.1 SWOT Analysis
13.5 Schneider Electric Sa
13.5.1 Business Overview
13.5.2 Products Offered
13.5.3 Recent Developments
13.5.4 MnM View
13.5.4.1 SWOT Analysis
13.6 EPCOS AG
13.6.1 Business Overview
13.6.2 Products Offered
13.6.3 Recent Developments
13.6.4 MnM View
13.6.4.1 SWOT Analysis
13.7 Texas Instruments Inc.
13.7.1 Business Overview
13.7.2 Products Offered
13.7.3 Recent Developments
13.8 Fairchild Semiconductor International, Inc.
13.8.1 Business Overview
13.8.2 Products Offered
13.8.3 Recent Developments
13.9 On Semiconductor Corporation
13.9.1 Business Overview
13.9.2 Products Offered
13.9.3 Recent Developments
13.10 Stmicroelectronics N.V.
13.10.1 Business Overview
13.10.2 Products Offered
13.10.3 Recent Developments
13.11 Crompton Greaves Ltd.
13.11.1 Business Overview
13.11.2 Products Offered
13.11.3 Recent Developments
13.12 Larsen & Toubro Limited
13.12.1 Business Overview
13.12.2 Products Offered
13.12.3 Recent Developments

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customization
14.6 Related Reports

List of Tables

Table 1 Global APFC Market in Terms of Value and Vollume, 2013–2022
Table 2 Global APFC Market, By Type, 2013–2022 (USD Billion)
Table 3 Global Passive APFC Market, By Industry, 2013–2022 (USD Billion)
Table 4 Global Active APFC Market, By Industry, 2013–2022 (USD Billion)
Table 5 Global APFC Market, By Component, 2013–2022 (USD Billion)
Table 6 Global APFC Market Size, By Component, 2013-2022 (Million Units)
Table 7 Global APFC Market, By Industry, 2013–2022 (USD Billion)
Table 8 APFC Market for Manufacturing Industry Market, By Type, 2013–2022 (USD Billion)
Table 9 APFC Market for Manufacturing Industry, By Region, 2013–2022 (USD Billion)
Table 10 APFC Market for Manufacturing Industry in North America, By Country, 2013–2022 (USD Billion)
Table 11 APFC Market for Manufacturing Industry in Europe, By Country, 2013–2022 (USD Billion)
Table 12 APFC Market for Manufacturing Industry in APAC, By Country, 2013–2022 (USD Billion)
Table 13 APFC Market for Manufacturing Industry in RoW, By Region, 2013–2022 (USD Billion)
Table 14 APFC Market for Utility Industry , By Type, 2013–2022 (USD Billion)
Table 15 APFC Market for Utility Industry, By Region, 2013–2022 (USD Billion)
Table 16 APFC Market for Utility Industry in North Ameirca, By Country, 2013–2022 (USD Billion)
Table 17 APFC Market for Utility Industry in Europe, By Country, 2013–2022 (USD Billion)
Table 18 APFC Market for Utility Industry in APAC, By Country, 2013–2022 (USD Billion)
Table 19 APFC Market for Utility Industry in RoW, By Region, 2013–2022 (USD Billion)
Table 20 APFC Market for Commercial Industry, By Type, 2013–2022 (USD Billion)
Table 21 APFC Market for Commercial Industry, By Region, 2013–2022 (USD Billion)
Table 22 APFC Market for Commercial Industry in North America, By Country, 2013–2022 (USD Billion)
Table 23 APFC Market for Commercial Industry in Europe, By Country, 2013–2022 (USD Billion)
Table 24 APFC Market for Commercial Industry in APAC, By Country, 2013–2022 (USD Billion)
Table 25 APFC Market for Commercial Industry in RoW, By Region, 2013–2022 (USD Billion)
Table 26 APFC Market for Enterprise Industry, By Type, 2013–2022 (USD Billion)
Table 27 APFC Market for Enterprise Industry, By Region, 2013–2022 (USD Billion)
Table 28 APFC Market for Enterprise Industry in North America, By Country, 2013–2022 (USD Billion)
Table 29 APFC Market for Enterprise Industry in Europe, By Country, 2013–2022 (USD Billion)
Table 30 APFC Market for Enterprise Industry in APAC, By Country, 2013–2022 (USD Billion)
Table 31 APFC Market for Enterprise Industry in RoW, By Region, 2013–2022 (USD Billion)
Table 32 APFC Market for Military Industry, By Type, 2013–2022 (USD Billion)
Table 33 APFC Market for Military Industry, By Region, 2013–2022 (USD Billion)
Table 34 APFC Market for Military Industry in North America, By Country, 2013–2022 (USD Billion)
Table 35 APFC Market for Military Industry in Europe, By Country, 2013–2022 (USD Million)
Table 36 APFC Market for Military Industry in APAC, By Country, 2013–2022 (USD Million)
Table 37 APFC Market for Military Industry in RoW, By Region, 2013–2022 (USD Billion)
Table 38 Global APFC Market, By Region, 2013–2022 (USD Billion)
Table 39 APFC Market in North America, By Industry, 2013–2022 (USD Million)
Table 40 APFC Market in North America, By Country, 2013–2022 (USD Million)
Table 41 APFC Market in U.S., By Industry, 2013–2022 (USD Billion)
Table 42 APFC Market in Canada, By Industry, 2013–2022 (USD Billion)
Table 43 APFC Market in Mexico, By Industry, 2013–2022 (USD Billion)
Table 44 APFC Market in Europe, By Industry, 2013–2022 (USD Million)
Table 45 APFC Marketin Europe, By Country, 2013–2022 (USD Million)
Table 46 APFC Market in U.K., By Industry, 2013–2022 (USD Million)
Table 47 APFC Market in Germany, By Industry, 2013–2022 (USD Billion)
Table 48 APFC Market in France, By Industry, 2013–2022 (USD Million)
Table 49 APFC Market in Rest of Europe, By Industry, 2013–2022 (USD Million)
Table 50 APFC Market in APAC, By Industry, 2013–2022 (USD Billion)
Table 51 APFC Market in APAC, By Country, 2013–2022 (USD Billion)
Table 52 APFC Market in China, By Industry, 2013–2022 (USD Billion)
Table 53 APFC Market in Japan, By Industry, 2013–2022 (USD Million)
Table 54 APFC Market in India, By Industry, 2013–2022 (USD Billion)
Table 55 APFC Market in South Korea, By Industry, 2013–2022 (USD Million)
Table 56 APFC Market in Rest of APAC, By Industry, 2013–2022 (USD Million)
Table 57 APFC Market in RoW, By Industry, 2013–2022 (USD Million)
Table 58 APFC Marketin RoW, By Region, 2013–2022 (USD Billion)
Table 59 APFC Market in Middle East and Africa, By Industry, 2013–2022 (USD Billion)
Table 60 APFC Market in South America, By Industry, 2013–2022 (USD Million)
Table 61 New Product Launches and Developments, 2013–2016
Table 62 Agreements, Partnerships, Joint Ventures, Collaborations and Expansions, 2013–2016
Table 63 Agrements, 2013–2016
Table 64 Others, 2013–2016

List of Figures

Figure 1 Market Segmentation
Figure 2 Automatic Power Factor Controller Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Assumption of the Research Study
Figure 6 The APFC Market in Terms of Volume Expected to Grow at A Significant Rate During the Forecast Period
Figure 7 Displays Expected to Hold the Largest Size of the APFC Market By 2022
Figure 8 Utility Industry Expected to Lead the Automatic Power Factor Controller Market During the Forecast Period
Figure 9 The Automatic Power Factor Controller Market for Utility Industry Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 10 North America Held the Largest Share of the Automatic Power Factor Controller Market in 2015
Figure 11 APFC Market Expected to Grow at A Moderate Rate During the Forecast Period
Figure 12 Active Automatic Power Factor Controller Market to Exhibit High Growth During the Forecast Period
Figure 13 Utility Industry Held the Largest Market Share in 2015
Figure 14 U.S. Held the Largest Market Share in 2015
Figure 15 Growing Demand for Energy Conservation in Industries, Increases the Need for Automatic Power Factor Controllers
Figure 16 Value Chain Analysis (2015): Major Value is Added During the Manufacturing Phase
Figure 17 Porter’s Five Forces Analysis for the Automatic Power Factor Controller Market, 2015
Figure 18 Porter’s Five Force Analysis Market, 2015
Figure 19 The Impact Analysis of Intensity of Competitive Rivalry
Figure 20 Impact Analysis of Threat of Substitutes
Figure 21 Impact Analysis of Bargaining Power of Buyers
Figure 22 Impact Analysis of Bargaining Power of Suppliers
Figure 23 Impact Analysis of Thrat of New Enterants
Figure 24 Active Automatic Power Factor Controller Market Likely to Grow at the Highest Rate During the Forecast Period
Figure 25 Displays Expected to Lead the APFC Market During Forecast Period
Figure 26 Installation Type for APFC Equipment
Figure 27 Utility Industry Expected to Lead the Active Automatic Power Factor Market During the Forecast Period
Figure 28 U.S. Likely to Dominate the APFC Market for Manufacturing Industry During the Forecast Period
Figure 29 Utility Industry in APAC Expected to Lead the APFC Market During the Forecast Period
Figure 30 Active APFCs Expected to Dominate the Market During the Forecast Period
Figure 31 APFC Market for Enterprise Industry in APAC Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 32 Active APFCs for Military Industry Held the Largest Size of the Market in 2015
Figure 33 Geographical Snapshot: Automatic Power Factor Controller Market
Figure 34 Overview of the Automatic Power Factor Controller Market in North America, 2015
Figure 35 APFC Market in North America for Utility Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 36 APFC Market in Germany Expected to Grow at the Highest Rate During the Forecast Period
Figure 37 APAC Market in Utility Likely to Grow at the Highest Rate During the Forecast Period
Figure 38 Overview of the Automatic Power Factor Controller Market in APAC, 2015
Figure 39 Utility Industry to Lead the APFC Market in APAC During the Forecast Period
Figure 40 APFC Market for Utility Industry in Row Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 41 Companies Adopted New Product and Technology Innovation as the Key Growth Strategy Between 2013 and 2016
Figure 42 Market Ranking of Top 5 Players in Automatic Power Factor Controller Market
Figure 43 Market Evaluation Framework: (2013-2016)
Figure 44 Battle for Market Share in Automatic Power Factor Controller: New Product Launches Was the Key Strategy
Figure 45 ABB Ltd.: Company Snapshot
Figure 46 ABB Ltd.: SWOT Analysis
Figure 47 General Electric: Company Snapshot
Figure 48 General Electric Company: SWOT Analysis
Figure 49 Eaton Corporation: Company Snapshot
Figure 50 Eaton Corporation: SWOT Analysis
Figure 51 Schneider Electric Sa: Company Snapshot
Figure 52 Schneider Electric: SWOT Analysis
Figure 53 EPCOS AG: Company Snapshot
Figure 54 EPCOS AG: SWOT Analysis
Figure 55 Texas Instruments Inc.: Company Snapshot
Figure 56 Fairchild Semiconductor International, Inc.: Company Snapshot
Figure 57 on Semiconductor Corporation: Company Snapshot
Figure 58 Stmicroelectronics N.V.: Company Snapshot
Figure 59 Crompton Greaves Ltd.: Company Snapshot
Figure 60 Larsen & Toubro Limited (L&T): Company Snapshot
Figure 61 Marketsandmarkets Knowledge Store Snapshot
Figure 62 Marketsandmarkets Knowledge Store: Semiconductor & Electronics Industry Snapshot

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