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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
An electronic device known as a current sensor is used to detect electrical current flowing through a wire and transform it into an output voltage signal that can be easily measured and is proportionate to the detected current.
The output signal produced is then utilized to show the measured current in an ammeter and can be saved for further analysis in a data-gathering system.
The efficiency of an electrical system is measured by the power factor.An industrial or commercial facility's apparent power, or total electrical power (measured in kilovolt amps, or kVA), consists of two parts: Kilowatts or kW of productive power that creates work.
The global cos phi sensor market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Reactive Power (also known as "kVAR," or "Kilo Volt Amperes Reactive") creates the magnetic fields necessary for inductive electrical equipment (AC motors, transformers, inductive furnaces, ovens, etc.) Reactive Power (kVAR) does not result in any useful work.
The total power (kVA) delivered by the generating source (your utility), which generates no productive activity, must always be larger than the reactive power since the inductive electrical equipment using magnetic fields needs this reactive power (kW).
The Power Factor or cos phi sensor is the ratio of Productive Power (kW) to Total Power (kVA), and it is determined using the method below: PF (PF = kW/kVA). It is a measurement of the electrical efficiency of a system in an alternating current circuit and is expressed as a percentage or a decimal (for example, PF = 0.9 or 90%).
The non-linear relationship between kVA, kW, and kVAR is written as follows: kW2 + kVAR2 = kVA2
The deployment of Power Factor Correction banks distributed at key locations throughout the electrical system, central correction at the main electrical panel, or a combination of both is the most cost-effective way to address low power factor.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |