Le Lézard
Classified in: Science and technology, Covid-19 virus
Subject: MRR

Distribution Voltage Regulators Global Market is Projected to Reach $3 Billion by 2030: Focus on Upgrading Power Networks and Developing Smart Grid Infrastructure Bolsters Growth


DUBLIN, June 9, 2023 /PRNewswire/ -- The "Distribution Voltage Regulators - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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The global market for Distribution Voltage Regulators estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030.

Ferroresonant, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$1.5 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Tap Switching segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $594 Million, While China is Forecast to Grow at 6.7% CAGR

The Distribution Voltage Regulators market in the U.S. is estimated at US$594 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$613.6 Million by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Select Competitors (Total 42 Featured) -

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/29medm

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SOURCE Research and Markets


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