- The power quality equipment market continues to expand steadily, fueled by the increasing need for uninterrupted power in mission-critical applications, surging demand for energy-efficient solutions, and rising awareness regarding power quality issues in industrial automation, transportation, and commercial infrastructure
- The shift toward electrification of processes, along with the adoption of Industry 4.0 practices and automation in manufacturing, is accelerating the deployment of power quality equipment to ensure system reliability, reduce downtime, and protect sensitive electronic devices from power disturbances
- For instance, in the U.S., the Department of Energy allocated over USD 200 million in 2024 for enhancing grid modernization efforts, focusing on advanced power quality equipment deployment as part of its Grid Resilience and Innovation Partnership (GRIP) program
- The market is also being reshaped by innovations such as modular power quality systems, integration with renewable energy assets such as solar and wind, and the adoption of real-time monitoring through cloud-connected platforms, enabling predictive maintenance and energy optimization across diverse use cases
