Automatic Power Factor Controller Market to reach USD 782.87 million by
  2024, ABB Ltd. and Eaton Corp. Plc Emerge as Key Contributors to growth |
  Technavio

Business Wire

LONDON -- October 8, 2020

Technavio has been monitoring the automatic power factor controller market and
it is poised to grow by USD 782.87 million during 2020-2024, progressing at a
CAGR of almost 4% during the forecast period. The report offers an up-to-date
analysis regarding the current market scenario, latest trends and drivers, and
the overall market environment.

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Technavio has announced its latest market research report titled Global
Automatic Power Factor Controller Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global
Automatic Power Factor Controller Market 2020-2024 (Graphic: Business Wire)

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industries will register a drop in demand, numerous others will continue to
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research has all your needs covered as our research reports include all
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Frequently Asked Questions-

  * Based on segmentation by product, which is the leading segment in the
    market?

  * The active power factor controller is expected to be the leading segment
    based on product.

  * What are the major trends in the market?

  * Increasing use of PIC microcontrollers in automatic power factor
    controllers is one of the major trends in the market.

  * At what rate is the market projected to grow?

  * Growing at a CAGR of almost 4%, the incremental growth of the market is
    anticipated to be USD 782.87 million.

  * Who are the top players in the market?

  * ABB Ltd., Eaton Corp. Plc, General Electric Co., Havells India Ltd.,
    Mitsubishi Electric Corp., ON Semiconductor Corp., Schneider Electric SE,
    STMicroelectronics NV, Texas Instruments Inc., and WEG Equipamentos
    Eletricos SA. are some of the major market participants.

  * What are the key market drivers and challenges?

  * Government regulations on energy consumption is one of the major factors
    driving the market. However, the high cost of active and high voltage
    power factor controllers restraints the market growth.

  * How big is the APAC market?

  * The APAC region will contribute 46% of market growth.

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The market is fragmented, and the degree of fragmentation will accelerate
during the forecast period. ABB Ltd., Eaton Corp. Plc, General Electric Co.,
Havells India Ltd., Mitsubishi Electric Corp., ON Semiconductor Corp.,
Schneider Electric SE, STMicroelectronics NV, Texas Instruments Inc., and WEG
Equipamentos Eletricos SA are some of the major market participants.
Government regulations on energy consumption will offer immense growth
opportunities. To make most of the opportunities, market vendors should focus
more on the growth prospects in the fast-growing segments, while maintaining
their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of
COVID-19 at an industry level, a regional level, and subsequent supply chain
operations. This customized report will also help clients keep up with new
product launches in direct & indirect COVID-19 related markets, upcoming
vaccines and pipeline analysis, and significant developments in vendor
operations and government regulations.

Automatic Power Factor Controller Market 2020-2024: Segmentation

Automatic Power Factor Controller Market is segmented as below:

  * Product

       * Active Power Factor Controller
       * Passive Power Factor Controller

  * Geography

       * APAC
       * North America
       * Europe
       * South America
       * MEA

  * End-user

       * Process Industries
       * Discrete Industries

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Automatic Power Factor Controller Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. The automatic power
factor controller market report covers the following areas:

  * Automatic Power Factor Controller Market Size
  * Automatic Power Factor Controller Market Trends
  * Automatic Power Factor Controller Market Analysis

This study identifies the increasing use of PIC microcontrollers in automatic
power factor controllers as one of the prime reasons driving the automatic
power factor controller market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Technavio’s in-depth research
has direct and indirect COVID-19 impacted market research reports.

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Automatic Power Factor Controller Market 2020-2024: Key Highlights

  * CAGR of the market during the forecast period 2020-2024
  * Detailed information on factors that will assist automatic power factor
    controller market growth during the next five years
  * Estimation of the automatic power factor controller market size and its
    contribution to the parent market
  * Predictions on upcoming trends and changes in consumer behavior
  * The growth of the automatic power factor controller market
  * Analysis of the market’s competitive landscape and detailed information on
    vendors
  * Comprehensive details of factors that will challenge the growth of
    automatic power factor controller market vendors

Table of Contents:

Executive Summary

Market Landscape

  * Market ecosystem
  * Value chain analysis

Market Sizing

  * Market definition
  * Market segment analysis
  * Market size 2019
  * Market outlook: Forecast for 2019-2024

Five Forces Analysis

  * Five forces summary
  * Bargaining power of buyers
  * Bargaining power of suppliers
  * Threat of new entrants
  * Threat of substitutes
  * Threat of rivalry
  * Market condition

Market Segmentation by Product

  * Market segments
  * Comparison by Product
  * Active power factor controller - Market size and forecast 2019-2024
  * Passive power factor controller - Market size and forecast 2019-2024
  * Market opportunity by Product

Market Segmentation by End-user

  * Market segments
  * Comparison by End-user
  * Process industries - Market size and forecast 2019-2024
  * Discrete industries - Market size and forecast 2019-2024
  * Market opportunity by End-user

Customer Landscape

Geographic Landscape

  * Geographic segmentation
  * Geographic comparison
  * APAC - Market size and forecast 2019-2024
  * North America - Market size and forecast 2019-2024
  * Europe - Market size and forecast 2019-2024
  * South America - Market size and forecast 2019-2024
  * MEA - Market size and forecast 2019-2024
  * Key leading countries
  * Market opportunity by geography
  * Volume drivers – Demand led growth
  * Market challenges
  * Market trends

Vendor Landscape

  * Overview
  * Vendor landscape
  * Landscape disruption

Vendor Analysis

  * Vendors covered
  * Market positioning of vendors
  * ABB Ltd.
  * Eaton Corp. Plc
  * General Electric Co.
  * Havells India Ltd.
  * Mitsubishi Electric Corp.
  * ON Semiconductor Corp.
  * Schneider Electric SE
  * STMicroelectronics NV
  * Texas Instruments Inc.
  * WEG Equipamentos Eletricos SA

Appendix

  * Scope of the report
  * Currency conversion rates for US$
  * Research methodology
  * List of abbreviations 

About Us

Technavio is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
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