Residential Power Conditioner Market Size – By Power Rating (≤ 10 kVA, > 10 kVA - 50 kVA, > 50 kVA - 150 kVA, > 150 kVA), By Product (Fixed Cycle Regulator, Variable Cycle Regulator), By Phase, By Regional Outlook & Forecast, 2024 – 2032
Report ID: GMI10777
|
Published Date: August 2024
|
Report Format: PDF
Download Free PDF
Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 20
Tables & Figures: 45
Countries covered: 30
Pages: 125
Download Free PDF

Residential Power Conditioner Market
Get a free sample of this reportGet a free sample of this report Residential Power Conditioner Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Residential Power Conditioner Market Size
The residential power conditioner market size was valued at USD 699.7 million in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2032. The rising demand for clean and reliable electricity, along with, growing integration of advanced electronic devices will have a beneficial impact on the industry. Outages in power supply, sags in voltage or surges in electricity in some areas encourage consumers to acquire power conditioners for their devices in order to ensure uninterruptible power supply.
A home power conditioner is an electrical gadget that enhances the overall quality of electricity being received by the appliances and electronics in a home. It usually assists in regulating voltage supply, reducing electrical interference, and protecting against surges, spikes, and other electrical disturbances. A power conditioner is especially helpful for a range of vulnerable electrical devices including home entertainment systems, computers and appliances as it offers cleaner and stable electricity resulting in better performance, increased lifetime and greater reliability of the device.
Residential Power Conditioner Market Trends
The demand for more efficient and sustainable energy management systems is forecasted to increase resoundingly. The growing awareness of traits such as energy quality, energy efficiency along with grid stability is likely to push firm boundaries in terms of what energy systems can be capable of achieving. Furthermore, the investment in green energy is predicted to accelerate which would in turn increase the demand for power conditioners as associated with greater previous power quality issues.
Residential Power Conditioner Market Analysis
The > 10 kVA to 50 kVA power rated residential power conditioner will exceed USD 200 million by 2032. This equipment is capable of catering to a greater deal of current, thus being useful for homes with advanced electrical components such as intelligent home networks, home theaters and expensive HVAC systems. The increasing number of people who own electronic devices and only expect the best performance from them is what is driving the growth in this segment.
The variable cycle regulator residential power conditioner market size will observe a notable growth of over 4% through 2032. These devices automatically adapt to the changing depending on the physical electricity requirements of the electronics and maintain consistent electricity supply to even sensitive equipment. Moreover, the increase in severe climatic conditions coupled with worn out power equipment will result in the usage of these devices. Additionally, the smart grids need accurate voltage control so as to improve grid quality which will boost the product demand.
The Asia Pacific residential power conditioner market is set to surpass USD 450 million by 2032. The increasing use of smart gadgets inside the home environment will be supported by the rising need for systems providing reliable power sources. The focus on increasing energy efficiency at home and the avoidance of electrical disturbances to sensitive items in the home further heat up the demand curve for the market. Moreover, there is a transition to more environment friendly and energy saving models as an after effect of environmental concern which will be beneficial for the market.
Rising adoption of renewable energy sources coupled with the ongoing integration of backup power systems will U.S. power conditioner market. Shifting focus toward the development of smart homes in line with rising prevalence of sensitive electronic devices will energize the business dynamics. The industry will be benefitted from the further improvement of technology that will lead to more technologically advanced and versatile units being produced. Moreover, the increasing need for high-capacity and multi-functional units will foster the penetration of the product.
Residential Power Conditioner Market Share
ABB stands out as a multi-national company that combines electrification with automation and is active in the power and automation systems industry as a supplier of with regard to the industry served, ABB offers comprehensive and modern products and solutions to all the utilities, transportation and infrastructure industries. The Company provides solutions for energy efficiency and sustainable development further focusing on the digital transformation integrating modern technologies such as robotics, AI, and IoT in the offered solutions.
Among other renowned products, ABB supplies high-performance power conditioners enabling control and stabilization of electrical systems used for a wide range of applications. Focused on promoting advancement in technology and enhancing efficiency of business operations, ABB is actively changing the industry landscape with its wide-ranging array of solutions.
Residential Power Conditioner Market Companies
The key industry players include:
Residential Power Conditioner Industry News
The residential power conditioner market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD Million” from 2021 to 2032, for the following segments:
Click here to Buy Section of this Report
Market, By Power Rating
Market, By Product
Market, By Phase
The above information has been provided for the following countries: