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Automatic Power Factor Controller Market Worth 4.78 Billion USD by 2022


News provided by

MarketsandMarkets

06 Sep, 2016, 13:30 GMT

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PUNE, India, September 6, 2016 /PRNewswire/ --

According to the new report "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", published by MarketsandMarkets, the global market is expected to be worth USD 4.78 Billion by 2022, growing at a CAGR of 4.6% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 64 market data Tables and 62 Figures spread through 189 Pages and in-depth TOC on "Automatic Power Factor Controller Market".


http://www.marketsandmarkets.com/Market-Reports/automatic-power-factor-controller-market-154317597.html

Early buyers will receive 10% customization on this report. 

Factors such as increasing need for energy conservation devices in industries and need to prevent electronic equipment from damage due to overvoltage conditions are the key drivers for the adoption of automatic power factor controller equipment.

Active APFC market held the largest market share in 2015 and is expected to grow at the highest rate during the forecast period 

Active comprise active components such as transistors and diodes that allow the designers to achieve power factor as high as 0.99. In most of the industrial applications, active power factor controllers are preferred due to their high accuracy of power quality, lightweight and wide application areas. Active APFCs are used in various industries such as manufacturing, utility, commercial, enterprise, and military. These benefits contribute to the growth of active APFCs in the market.

Adoption of APFC devices, in the utility industry, that protect the electronic devices from damage and reduce power losses are the major driving factors for the growth of the APFC market 

The utility industry held the largest market share of the global APFC market in 2015. This market is expected to grow at the highest CAGR during the forecast period. Many large voltage-rated devices such as transformers and drivers in the utility industry produce poor power factor, thereby drawing more power from the mains supply. To reduce such power losses, APFCs have been adopted in the utility industry. APFCs also reduce the current harmonics in the distribution systems, reduce electric utility expenses, and increase system capacity.

Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=154317597

North America held the largest share of the APFC market in 2015 due to the presence of major APFC vendors in the region 

Major APFCs manufacturing companies such as General Electric (U.S.), Texas Instruments Inc. (U.S.), ON Semiconductor Corporation (U.S.), and Fairchild Semiconductor International, Inc. (U.S.), among others have been developing APFC panels for various industries; hence, it would help in growth of the North American APFC market. The APFC market in the U.S. held the largest market share in 2015. Additionally, the utility industry adopted the APFC panels that have been used to manage the power factor and reduce the current harmonics in the electrical distribution systems.

Browse Related Reports 

Power Management IC (PMIC) Market by Product (Linear Regulator, Switching Regulator, Voltage References, Battery Management IC, Energy Management IC, LED Driver IC, POE Controller, Wireless Charging IC), Application, and Geography - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/power-management-ic-market-441.html

Microgrid Market by Grid Type (Grid-Connected, Remote/ Island, Hybrid), Component (Generation, Switch Gear, Controls, Cables, Software & Services), Power Source (Fuel Cell, CHP, Renewables), Vertical, and Geography - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/micro-grid-electronics-market-917.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp


About MarketsandMarkets  

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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