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Global AC Power Factor Transducers Market by Type (Single Phase, Dual Phase, Multiple Phase), By Application (Industrial Use, Commercial Use, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ES-3784
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 99
  • No. Of Pages: 242
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  • Pub. Date: 2021-03-01
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The Global AC Power Factor Transducers Market size is projected to reach USD X.XX billion by 2028, at a CAGR of 9.5% during the forecast period 2021-2028. The growth in this market can be attributed to factors such as increasing demand for high-efficiency power supplies and the growing need for reliable energy sources across various industries.



AC power factor transducers measure the AC impedance of a load and provide an output that is proportional to its real or apparent power. They have applications in many industries, including industrial manufacturing, automotive, commercial facilities management, and electrical utilities. The features of AC Power Factor Transducers are - high accuracy, low power consumption, easy calibration with built-in calibration test points. Integrated electronics and sensors that are resistant to high voltage transients and electromagnetic interference measures power factor, phase angle, active and reactive power, current, and voltage while fitting in standard electrical panel cutouts.



On the basis of Type, the global AC power factor transducers market is segmented into Single Phase, Dual Phase, and Multiple Phase.



Single Phase:

The single-phase AC power factor transducer is useful for measuring feeder currents and load currents as well as making accurate measurements on shore-power systems and generators. This type of sensor requires only one current transformer (CT) to make a current measurement. The single-phase AC power factor transducer is available in two different versions: the standard version and the high-accuracy version. The standard version has an accuracy of ±0.75 percent, while the high-accuracy version has an accuracy of ±0.35 percent.



Dual-Phase:

Dual-phase AC power factor transducers are used to measure the two-phase electric energy with high accuracy. These devices can be utilized for single or multi-phase applications, which offer accurate results. The data acquired by these sensors are used in smart grids and renewable generation systems like solar panels for monitoring purposes. Dual-phase AC power factor transducers can be used in three and five-phase applications. They are also useful for high voltage electrical networks with balanced loads where the current flows through only two conductors simultaneously. This type of design helps resist interference from the cross talk, ground loops, and other types of noise that may compromise accuracy or affect performance.



Multiple Phase:

Multiple Phase AC power factor transducers are used to measure the total harmonic distortion of electricity being consumed by an industrial machine or a home. It can also be used for voltage monitoring and phase angle measurements across multiple electrical phases. This type of power factor transducer is a cost-effective solution for commercial and industrial users who want to measure the harmonic distortion or phase angle on three-phase systems. It can be used in conjunction with other electrical equipment, such as circuit breakers, transformers, and switchgear, to help improve the efficiency of the overall system.



On the basis of Application, the global AC power factor transducers market is segmented into Industrial Use, Commercial Use, and Others.



Industrial Use:

In industrial use, AC power factor transducers help in the efficient running of machines by supplying them with clean and stabilized power. This helps to improve their performance and also extend their life. Additionally, it ensures that the products manufactured are within specifications and meet quality standards. In commercial establishments such as hotels, hospitals, etc., AC power factor transducers help to reduce electricity consumption and save on costs.



Commercial Use:

In the commercial sector, AC power factor transducers are used to improve the power factor of a load. This is generally achieved by installing capacitors in parallel with the inductive loads. The installation of capacitors helps to store energy and reduce the current drawn from the supply, which in turn improves the power factor. Additionally, these devices can also be used to improve the voltage regulation of a load. This is achieved by installing capacitors in series with the inductive loads, which increases the current drawn from the supply. Both these techniques help increase energy efficiency without changing or modifying existing equipment.



On the basis of Region, the global AC power factor transducers market is segmented into North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia Pacific (China India Japan & South Korea), Latin America (Brazil) and the Middle East and Africa (GCC, South Africa and Rest of the Middle East & Africa). There are several factors that contribute to the growth of the market in North America. An increase in demand for energy-efficient devices is a major factor driving the AC power factor transducers market. The rising adoption of smart homes and buildings along with the increasing penetration rate of IoT, coupled with technological advancements will drive this segment over the forecast period.

AC power factor transducers in the Asia Pacific have attracted a lot of interest from both leading players and new entrants. The high demand for AC power factor measurement equipment due to increasing awareness regarding energy efficiency is anticipated to propel market growth in the coming years. Further, the high demand for AC power factor measurement equipment in the region is expected to drive market growth over the forecast period. The Latin American AC Power Factor Transducers Market is expected to grow at the highest CAGR during the forecast period.



Growth Factors For The Global AC Power Factor Transducers Market:

The global AC power factor transducer market is driven by a number of factors. Some of these key drivers include: growing demand from industrial and commercial usage, increasing need to monitor energy consumption in commercial buildings and factories, etc., rising penetration of renewable sources such as solar and wind power, and rising concerns about the environment. Additionally, technological advancements in the field of AC power factor transducers are also aiding the market growth.



Up Market Research published a new report titled “AC Power Factor Transducers Market research report which is segmented by Types (Single Phase, Dual Phase, Multiple Phase), By Applications (Industrial Use, Commercial Use, Others), By Players/Companies CR Magnetics, Meco Instruments, Pentagon Instruments, Eltime Controls, NK Technologies”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title AC Power Factor Transducers Market Research Report
By Type Single Phase, Dual Phase, Multiple Phase
By Application Industrial Use, Commercial Use, Others
By Companies CR Magnetics, Meco Instruments, Pentagon Instruments, Eltime Controls, NK Technologies
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 242
Number of Tables & Figures 170
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global AC Power Factor Transducers Industry Outlook
 

Global AC Power Factor Transducers Market Report Segments:

The market is segmented by Type Single Phase, Dual Phase, Multiple Phase and By Application Industrial Use, Commercial Use, Others.

 

Some of the companies that are profiled in this report are:

  1. CR Magnetics
  2. Meco Instruments
  3. Pentagon Instruments
  4. Eltime Controls
  5. NK Technologies
 

AC Power Factor Transducers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the AC Power Factor Transducers Market
 

Overview of the regional outlook of the AC Power Factor Transducers Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


AC Power Factor Transducers Market Overview
 

Highlights of The AC Power Factor Transducers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of AC Power Factor Transducers Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Single Phase

                2. Dual Phase

                3. Multiple Phase

       7. By Application:

                1. Industrial Use

                2. Commercial Use

                3. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the AC Power Factor Transducers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

AC Power Factor Transducers Market Statistics
 

Reasons to Purchase the AC Power Factor Transducers Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AC Power Factor Transducers Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 AC Power Factor Transducers Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 AC Power Factor Transducers Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the AC Power Factor Transducers Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global AC Power Factor Transducers Market Size & Forecast, 2018-2028 
      4.5.1 AC Power Factor Transducers Market Size and Y-o-Y Growth 
      4.5.2 AC Power Factor Transducers Market Absolute $ Opportunity 


Chapter 5 Global AC Power Factor Transducers Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 AC Power Factor Transducers Market Size Forecast by Type
      5.2.1 Single Phase
      5.2.2 Dual Phase
      5.2.3 Multiple Phase
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global AC Power Factor Transducers Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 AC Power Factor Transducers Market Size Forecast by Applications
      6.2.1 Industrial Use
      6.2.2 Commercial Use
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global AC Power Factor Transducers Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 AC Power Factor Transducers Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America AC Power Factor Transducers Analysis and Forecast
   9.1 Introduction
   9.2 North America AC Power Factor Transducers Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America AC Power Factor Transducers Market Size Forecast by Type
      9.6.1 Single Phase
      9.6.2 Dual Phase
      9.6.3 Multiple Phase
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America AC Power Factor Transducers Market Size Forecast by Applications
      9.10.1 Industrial Use
      9.10.2 Commercial Use
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe AC Power Factor Transducers Analysis and Forecast
   10.1 Introduction
   10.2 Europe AC Power Factor Transducers Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe AC Power Factor Transducers Market Size Forecast by Type
      10.6.1 Single Phase
      10.6.2 Dual Phase
      10.6.3 Multiple Phase
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe AC Power Factor Transducers Market Size Forecast by Applications
      10.10.1 Industrial Use
      10.10.2 Commercial Use
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific AC Power Factor Transducers Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific AC Power Factor Transducers Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific AC Power Factor Transducers Market Size Forecast by Type
      11.6.1 Single Phase
      11.6.2 Dual Phase
      11.6.3 Multiple Phase
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific AC Power Factor Transducers Market Size Forecast by Applications
      11.10.1 Industrial Use
      11.10.2 Commercial Use
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America AC Power Factor Transducers Analysis and Forecast
   12.1 Introduction
   12.2 Latin America AC Power Factor Transducers Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America AC Power Factor Transducers Market Size Forecast by Type
      12.6.1 Single Phase
      12.6.2 Dual Phase
      12.6.3 Multiple Phase
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America AC Power Factor Transducers Market Size Forecast by Applications
      12.10.1 Industrial Use
      12.10.2 Commercial Use
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) AC Power Factor Transducers Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) AC Power Factor Transducers Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) AC Power Factor Transducers Market Size Forecast by Type
      13.6.1 Single Phase
      13.6.2 Dual Phase
      13.6.3 Multiple Phase
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) AC Power Factor Transducers Market Size Forecast by Applications
      13.10.1 Industrial Use
      13.10.2 Commercial Use
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 AC Power Factor Transducers Market: Competitive Dashboard
   14.2 Global AC Power Factor Transducers Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 CR Magnetics
      14.3.2 Meco Instruments
      14.3.3 Pentagon Instruments
      14.3.4 Eltime Controls
      14.3.5 NK Technologies
Segments Covered in the Report
The global AC Power Factor Transducers market has been segmented based on

By Types
  • Single Phase
  • Dual Phase
  • Multiple Phase
By Applications
  • Industrial Use
  • Commercial Use
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • CR Magnetics
  • Meco Instruments
  • Pentagon Instruments
  • Eltime Controls
  • NK Technologies

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