GLOBAL POWER FACTOR CORRECTION TRANSFORMER MARKET

INTRODUCTION

A feature found in some computer and other power supply boxes called power factor correction, also known as power factor controller, lowers the amount of reactive power produced by a computer. The magnetic field is energised by reactive power, which operates at a right angle to real power.

Capacitors, which serve as reactive current generators, make up power factor correction units (also known as PFC Units). By supplying the reactive power, they lower the overall amount of power you must draw from the network.

 Enhancing power factor and hence power quality is the goal of power factor correction (PFC). It promotes energy efficiency, lowers power prices, and lessens the demand on the electrical distribution system. Additionally, it lessens the possibility of device instability and failure.

The connection of capacitors, which locally provide reactive energy in opposition to the energy absorbed by loads like motors, allows for power factor correction. By reducing the needless flow of current through the network, this raises the power factor starting at the point where the reactive power source is attached.

GLOBAL POWER FACTOR CORRECTION TRANSFORMER MARKET SIZE AND FORECAST

 The Global Power factor correction transformer 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.

NEW PRODUCT LAUNCH

ABB launches a new range of low voltage capacitor banks for power factor correction.The APCQ series is simple to install, use, and maintain while providing customers with exceptional reliability and safety.

The APCQ's quick installation is made possible by the ease of access to all electrical connections. The modular architecture makes maintenance simple and provides room for future expansion of the power rating.

Customers of ABB also profit from a total cost of ownership strategy that extends far beyond the provision of equipment.

Customers can receive assistance from ABB and its channel partners at every stage of their project, from need analysis to equipment installation and commissioning. Additionally, ABB provides extensive global equipment maintenance and repair services.

The new APCQ line of capacitor banks utilises cutting-edge and revolutionary ABB technology, including the company's brand-new QCap low voltage capacitor.

ABB reactors with a specific design for electrical resilience towards networks with harmonics and ABB UA range of contactors optimised for capacitor switching are two additional ABB components created in accordance with stringent criteria that further increase the dependability and safety of this range.

According to the voltage distortion levels on the LV bus that can actually exist in industrial networks, the APCQ-R range can handle voltage distortion pollution levels of 8%. The ABB RVC or RVT controllers provide the APCQ range's user interface with simplicity.

COMPANY PROFILE

• Toshiba Corporation
• ABB Group
• General Electric Company
• Siemens Energy AAG
• Alstom SA
• Mitsubishi Electric Corporation
• Hyosung Heavy Industries Corporation

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Power factor correction transformer are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Power factor correction transformer and key vendor selection criteria
3. Where is the Power factor correction transformer manufactured? What is the average margin per unit?
4. Market share of Global Power factor correction transformer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Power factor correction transformer in-house
6. key predictions for next 5 years in Global Power factor correction transformer market
7. Average B-2-B Power factor correction transformer market price in all segments
8. Latest trends in Power factor correction transformer market, by every market segment
9. The market size (both volume and value) of the Power factor correction transformer market in 2023-2030 and every year in between?
10. Production breakup of Power factor correction transformer market, by suppliers and their OEM relationship