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India Power Quality Equipment Market
ID: MRFR/EnP/53759-HCR
200 Pages
February 2026
India Power Quality Equipment Market Research Report: By End User (Industrial & Manufacturing, Commercial, Residential, Transportation, Utilities), By Phase (Single Phase, Three Phase) andBy Equipment (Uninterruptible Power Supply, Static VAR Compensator, Power Quality Meters, Others)- Forecast to 2035
Industry Developments
The India Power Quality Equipment Market has seen significant developments recently, particularly with companies such as Schneider Electric and Siemens actively participating in innovative power solutions and smart grid technologies. In September 2023, Schneider Electric launched its new range of uninterruptible power supplies (UPS) aimed at enhancing energy efficiency and reliability, catering to the increasing demand from data centers and industrial facilities. Meanwhile, Siemens is expanding its presence in India through strategic collaborations with local manufacturers to produce power quality equipment tailored for the regional market. Growth projections indicate that the market size of power quality solutions is expected to reach USD 2 billion by 2026, significantly driven by the need for refined energy management systems across various sectors.Additionally, Rittal and Eaton are reportedly enhancing their manufacturing capabilities in response to the rising demand for reliable power solutions. In terms of mergers and acquisitions, in June 2023, Rockwell Automation announced its acquisition of a local firm specializing in power systems solutions, aiming to strengthen its position in India. Notable developments in the last two to three years include Crompton Greaves Consumer Electricals launching new energy-efficient power products in April 2022, reflecting the industry's shift towards sustainable solutions.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.69(USD Billion) |
| MARKET SIZE 2024 | 1.79(USD Billion) |
| MARKET SIZE 2035 | 3.59(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.519% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Legrand, Socomec, Rockwell Automation, Rittal, Power Quality Solutions, Crompton Greaves Consumer Electricals, Siemens, Eaton, Emerson Electric, General Electric, Schneider Electric, ABB, Honeywell, Nexans, Toshiba |
| SEGMENTS COVERED | End User, Phase, Equipment |
| KEY MARKET OPPORTUNITIES | Increased industrial automation, Growing renewable energy integration, Rising demand for energy efficiency, Strengthening regulatory frameworks, Expanding infrastructure development |
| KEY MARKET DYNAMICS | rising industrial automation, increasing power reliability, stringent regulatory standards, growing renewable energy integration, rising demand for energy efficiency |
| COUNTRIES COVERED | India |
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FAQs
What is the expected market size of the India Power Quality Equipment Market in 2024?
The India Power Quality Equipment Market is expected to be valued at 1.79 billion USD in 2024.
What is the projected market size of the India Power Quality Equipment Market by 2035?
By 2035, the India Power Quality Equipment Market is expected to reach a valuation of 3.59 billion USD.
What is the Compound Annual Growth Rate (CAGR) for the India Power Quality Equipment Market from 2025 to 2035?
The expected CAGR for the India Power Quality Equipment Market from 2025 to 2035 is 6.519%.
Which segment of the market is projected to dominate in 2024?
The Industrial & Manufacturing segment is projected to be the largest, valued at 0.72 billion USD in 2024.
What is the estimated market size for the Commercial segment in 2035?
The Commercial segment is projected to reach a market size of 0.84 billion USD by 2035.
Who are the key players in the India Power Quality Equipment Market?
Major players include Legrand, Socomec, Rockwell Automation, and Siemens among others.
What is the market size for the Residential segment in 2024?
The Residential segment is expected to be valued at 0.25 billion USD in 2024.
How does the market for Utilities look in 2035?
The Utilities segment is projected to grow to 0.42 billion USD by 2035.
What growth opportunities exist within the India Power Quality Equipment Market?
Emerging technologies and increasing demand for power quality solutions present significant growth opportunities.
What impact do current global trends have on the India Power Quality Equipment Market?
Current global trends such as digitalization and sustainability efforts are expected to drive demand in the market.
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