Volt/VAR Management Market Research Report- Forecast till 2024

Volt/VAR Management Market Research Report: Information by Application (Distribution & Transmission), Component (Hardware and Software & Services), End-Use (Utilities and Industrial), and Region (North America, Europe, and Asia-Pacific) – Forecast till 2024

ID: MRFR/E&P/6180-HCR | February 2021 | Region: Global | 111 pages

Market Scenario:


Volt/VAR is an advanced management system that determines the most appropriate set of control actions for all voltage regulating devices and VAR control devices to achieve more specified operating objectives without violating any of the fundamental operating constraints. Volt/VAR also includes conservative voltage regulation function that is used to calculate and maintain acceptable voltage at the service entrance of all customers served by the feeder under all operating conditions. The primary end users of the Volt/VAR management system are the utilities and industrial applications. Utilities implement Volt/VAR management practices to achieve reduction in either peak demand or energy consumption. The peak demand reduction approach is generally used to reduce load for short duration. The energy consumption approach is usually referred to as conservation voltage reduction (CVR) and is used to reduce energy consumption for an extended period.   


Focus on reduction in transmission & distribution (T&D) losses, reducing the operational cost, rising demand for electricity, and complexity of distributed energy generation are some of the major factors driving the Volt/VAR Management Market. In North America, majority of Volt/VAR devices based on hardware and software have been deployed. Moreover, the favorable regulations and incentives to utilities in order to achieve system-wide energy savings and reduce peak demand will also drive the Volt/VAR Management Market, management being an essential part of the entire voltage regulation process.   


The global Volt/VAR Management Market is projected to grow at a significant growth rate during the forecast period due to recent technological advancement being implemented in the T&D network, across the globe. Also, the changing electricity consumption pattern in the region has led to T&D losses. So, the need to minimize the T&D losses has triggered the need for a proper system to mitigate the losses occurring due to complex electricity T&D network. However, the government of various Asian economies are actively participating in the energy efficiency in the T&D network. The region is also witnessing a lot of investment in the renewable energy sector, which will witness increasing number of Volt/VAR system being installed at different locations. These activities will make Asia-Pacific the fastest growing region for Volt/VAR Management Market.


Global Volt/VAR Management Market has been segmented based on application, component, end-use, and region. On the basis of component, the market has been classified into hardware and software & services. The hardware segment dominates the market as various upcoming power generation projects in the renewable as well as conventional power sectors are expected to boost the demand for hardware component during the forecast period.  


The global Volt/VAR Management Market is expected to grow at ~6.50% CAGR during the forecast period.


Market Segmentation: Volt VAR Management Market Global Volt Var market:


Global Volt/VAR Management Market is expected to witness a high growth rate during the forecast period due to a rise in demand for efficient power and the use of renewable energy resources. The modern grid is facing various evolutionary changes with regards to the adoption of a number of distributed energy resources. Increased dependence on renewable energy resources results in  higher complexity in the grid network, leading to voltage fluctuations. In order to minimize this complexity, electric utility operators focus on adopting a foolproof system, which would help manage these complexities in the system, driving the Volt/VAR Management Market.  


Key Players:


The key players of global Volt/VAR Management Market are ABB, S&C Electric Company, DC Systems, Beckwith Electric, Utilidata, Open Systems International, Landis+Gyr, Advanced Control Systems, Siemens, Schneider Electric, GE, Eaton, and VArentec. 



Frequently Asked Questions (FAQ) :


The global Volt/VAR is expected to record a substantial market valuation due to the increasing global consumption of energy.

The global Volt/VAR is projected to register a moderate 6.5% CAGR in the forecast period.

The hardware volt/VAR segment is slated to expand as the fastest-growing segment.

The transmission sectorsegment is slated to expand as the fastest-growing segment.

A few major market players operating in the global Volt/VAR are Utilidata, ABB, DC Systems, S&C Electric Company, Beckwith Electric, among others.

Table of Contents
1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market size Estimation

3.4 Forecast Model

3.5 List of Assumptions

3.6 Limitations of the study

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat of New Entrants

5.5.2 Bargaining Power of Buyers

5.5.3 Bargaining Power of Suppliers

5.5.4 Threat of Substitutes

5.5.5 Intensity of Rivalry

5.6 Value Chain/Supply Chain Analysis

6 Global Volt/Var Market, By Application

6.1 Introduction

6.2 Distribution Sector

6.2.1 Market Estimates & Forecast, 2017–2024

6.2.2 Market Estimates & Forecast, By Region, 2017–2024

6.3 Transmission Sector

6.3.1 Market Estimates & Forecast, 2017–2024

6.3.2 Market Estimates & Forecast, By Region, 2017–2024

7 Global Volt/Var Market, By Component

7.1 Introduction

7.2 Hardware

7.2.1 Market Estimates & Forecast, 2017–2024

7.2.2 Market Estimates & Forecast, By Region, 2017–2024

7.2.3 Capacitor Banks

7.2.3.1 Market Estimates & Forecast, 2017–2024

7.2.3.2 Market Estimates & Forecast, By Region, 2017–2024

7.2.4 Voltage Regulators

7.2.4.1 Market Estimates & Forecast, 2017–2024

7.2.4.2 Market Estimates & Forecast, By Region, 2017–2024

7.2.5 Smart Sensors

7.2.5.1 Market Estimates & Forecast, 2017–2024

7.2.5.2 Market Estimates & Forecast, By Region, 2017–2024

7.2.6 Others

7.2.6.1 Market Estimates & Forecast, 2017–2024

7.2.6.2 Market Estimates & Forecast, By Region, 2017–2024

7.3 Software & Services

7.3.1 Market Estimates & Forecast, 2017–2024

7.3.2 Market Estimates & Forecast, By Region, 2017–2024

8 Global Volt/Var Market, By End-Use

8.1 Introduction

8.2 Utilities

8.2.1 Market Estimates & Forecast, 2017–2024

8.2.2 Market Estimates & Forecast, By Region, 2017–2024

8.3 Industrial

8.3.1 Market Estimates & Forecast, 2017–2024

8.3.2 Market Estimates & Forecast, By Region, 2017–2024

9 Global Volt/Var Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, By Application, 2017–2024

9.2.2 Market Estimates & Forecast, By Component, 2017–2024

9.2.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.2.4 Market Estimates & Forecast, By Country, 2017–2024

9.2.5 US

9.2.5.1 Market Estimates & Forecast, By Application, 2017–2024

9.2.5.2 Market Estimates & Forecast, By Component, 2017–2024

9.2.5.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, By Application, 2017–2024

9.2.6.2 Market Estimates & Forecast, By Component, 2017–2024

9.2.6.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, By Application, 2017–2024

9.2.7.2 Market Estimates & Forecast, By Component, 2017–2024

9.2.7.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3 Europe

9.3.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3.4 Market Estimates & Forecast, By Country, 2017–2024

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.5.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.5.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3.6 UK

9.3.6.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.6.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.6.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.7.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.7.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3.8 France

9.3.8.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.8.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.8.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3.9 Spain

9.3.9.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.9.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.9.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, By Application, 2017–2024

9.3.10.2 Market Estimates & Forecast, By Component, 2017–2024

9.3.10.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.4 Market Estimates & Forecast, By Country, 2017–2024

9.4.5 China

9.4.5.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.5.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.5.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.6 Australia

9.4.6.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.6.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.6.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.7 South Korea

9.4.7.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.7.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.7.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.8 Japan

9.4.8.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.8.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.8.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.9 India

9.4.9.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.9.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.9.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.10 Indonesia

9.4.10.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.10.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.10.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.4.11 Rest of Asia-Pacific

9.4.11.1 Market Estimates & Forecast, By Application, 2017–2024

9.4.11.2 Market Estimates & Forecast, By Component, 2017–2024

9.4.11.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, By Application, 2017–2024

9.5.2 Market Estimates & Forecast, By Component, 2017–2024

9.5.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.5.4 Market Estimates & Forecast, By Country, 2017–2024

9.5.5 Saudi Arabia

9.5.5.1 Market Estimates & Forecast, By Application, 2017–2024

9.5.5.2 Market Estimates & Forecast, By Component, 2017–2024

9.5.5.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.5.6 UAE

9.5.6.1 Market Estimates & Forecast, By Application, 2017–2024

9.5.6.2 Market Estimates & Forecast, By Component, 2017–2024

9.5.6.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.5.7 South Africa

9.5.7.1 Market Estimates & Forecast, By Application, 2017–2024

9.5.7.2 Market Estimates & Forecast, By Component, 2017–2024

9.5.7.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.5.8 Kuwait

9.5.8.1 Market Estimates & Forecast, By Application, 2017–2024

9.5.8.2 Market Estimates & Forecast, By Component, 2017–2024

9.5.8.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.5.9 Rest of Middle East & Africa

9.5.9.1 Market Estimates & Forecast, By Application, 2017–2024

9.5.9.2 Market Estimates & Forecast, By Component, 2017–2024

9.5.9.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.6 South America

9.6.1 Market Estimates & Forecast, By Application, 2017–2024

9.6.2 Market Estimates & Forecast, By Component, 2017–2024

9.6.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.6.4 Market Estimates & Forecast, By Country, 2017–2024

9.6.5 Brazil

9.6.5.1 Market Estimates & Forecast, By Application, 2017–2024

9.6.5.2 Market Estimates & Forecast, By Component, 2017–2024

9.6.5.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.6.6 Argentina

9.6.6.1 Market Estimates & Forecast, By Application, 2017–2024

9.6.6.2 Market Estimates & Forecast, By Component, 2017–2024

9.6.6.3 Market Estimates & Forecast, By End-Use, 2017–2024

9.6.7 Rest of South America

9.6.7.1 Market Estimates & Forecast, By Application, 2017–2024

9.6.7.2 Market Estimates & Forecast, By Component, 2017–2024

9.6.7.3 Market Estimates & Forecast, By End-Use, 2017–2024

10 Competitive Landscape

10.1 Competitive Scenario

10.2 Competitive Benchmarking of the Global Volt/Var Market

10.3 Major Growth Strategy in the Global Volt/Var Market

10.4 Market Share Analysis: Global Volt/Var Market

10.5 ABB: The Leading Player in terms of Number of Developments in Global Volt/Var Market

10.6 New Product development in Volt/Var Market

10.7 Mergers & acquisitions in Volt/Var Market

10.8 Contracts & agreements in Volt/Var Market

10.9 Expansions & investments in Volt/Var Market

11 Company Profile

11.1 ABB

11.1.1 Company Overview

11.1.2 Product/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 S&C Electric Company

11.2.1 Company Overview

11.2.2 Product /Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 DC Systems

11.3.1 Company Overview

11.3.2 Product /Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 Beckwith Electric

11.4.1 Company Overview

11.4.2 Product /Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Utilidata

11.5.1 Company Overview

11.5.2 Product /Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 Open Systems International

11.6.1 Company Overview

11.6.2 Product /Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 Landis+Gyr

11.7.1 Company Overview

11.7.2 Product /Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 Advanced Control Systems

11.8.1 Company Overview

11.8.2 Product /Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Siemens

11.9.1 Company Overview

11.9.2 Product /Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 Schneider Electric

11.10.1 Company Overview

11.10.2 Product /Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

11.10.6 SWOT Analysis

11.11 GE

11.11.1 Company Overview

11.11.2 Product /Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Strategy

11.11.6 SWOT Analysis

11.12 Eaton

11.12.1 Company Overview

11.12.2 Product /Services Offering

11.12.3 Financial Overview

11.12.4 Key Developments

11.12.5 Strategy

11.12.6 SWOT Analysis

11.13 VArentec

11.13.1 Company Overview

11.13.2 Product /Services Offering

11.13.3 Financial Overview

11.13.4 Key Developments

11.13.5 Strategy

11.13.6 SWOT Analysis

List of Tables
TABLE 1 GLOBAL VOLT/VAR MARKET, BY REGION, 2017–2024 (USD MILLION)

TABLE 2 NORTH AMERICA VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 3 EUROPE VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 4 ASIA-PACIFIC VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 5 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY REGION, 2017–2024 (USD MILLION)

TABLE 6 SOUTH AMERICA VOLT/VAR MARKET, BY REGION, 2017–2024 (USD MILLION)

TABLE 7 GLOBAL VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 8 NORTH AMERICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 9 EUROPE VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 10 ASIA-PACIFIC VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 11 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 12 SOUTH AMERICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 13 GLOBAL VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 14 NORTH AMERICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 15 EUROPE VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 16 ASIA-PACIFIC VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 17 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 18 SOUTH AMERICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 19 GLOBAL VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 20 NORTH AMERICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 21 EUROPE VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 22 ASIA-PACIFIC VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 23 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 24 SOUTH AMERICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 25 GLOBAL VOLT/VAR MARKET: BY REGION, 2017–2024 (USD MILLION)

TABLE 26 NORTH AMERICA VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 27 NORTH AMERICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 28 NORTH AMERICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 29 NORTH AMERICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 30 US VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 31 US VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 32 US VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 33 CANADA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 34 CANADA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 35 CANADA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 36 MEXICO VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 37 MEXICO VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 38 MEXICO VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 39 EUROPE VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 40 EUROPE VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 41 EUROPE VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 42 EUROPE VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 43 GERMANY VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 44 GERMANY VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 45 GERMANY VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 46 UK VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 47 UK VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 48 UK VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 49 SPAIN VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 50 SPAIN VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 51 SPAIN VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 52 FRANCE VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 53 FRANCE VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 54 FRANCE VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 55 ITALY VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 56 ITALY VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 57 ITALY VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 58 REST OF EUROPE VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 59 REST OF EUROPE VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 60 REST OF EUROPE VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 61 ASIA-PACIFIC VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 62 ASIA-PACIFIC VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 63 ASIA-PACIFIC VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 64 ASIA-PACIFIC VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 65 SOUTH KOREA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 66 SOUTH KOREA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 67 SOUTH KOREA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 68 CHINA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 69 CHINA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 70 CHINA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 71 JAPAN VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 72 JAPAN VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 73 JAPAN VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 74 AUSTRALIA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 75 AUSTRALIA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 76 AUSTRALIA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 77 INDIA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 78 INDIA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 79 INDIA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 80 INDONESIA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 81 INDONESIA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 82 INDONESIA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 83 REST OF ASIA-PACIFIC VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 84 REST OF ASIA-PACIFIC VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 85 REST OF ASIA-PACIFIC VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 86 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 87 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 88 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 89 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 90 SAUDI ARABIA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 91 SAUDI ARABIA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 92 SAUDI ARABIA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 93 UAE VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 94 UAE VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 95 UAE VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 96 SOUTH AFRICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 97 SOUTH AFRICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 98 SOUTH AFRICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 99 KUWAIT VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 100 KUWAIT VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 101 KUWAIT VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 102 REST OF MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 103 REST OF MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 104 REST OF MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 105 SOUTH AMERICA VOLT/VAR MARKET, BY COUNTRY, 2017–2024 (USD MILLION)

TABLE 106 SOUTH AMERICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 107 SOUTH AMERICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 108 SOUTH AMERICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 109 BRAZIL VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 110 BRAZIL VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 111 BRAZIL VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 112 ARGENTINA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 113 ARGENTINA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 114 ARGENTINA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)

TABLE 115 REST OF SOUTH AMERICA VOLT/VAR MARKET, BY APPLICATION, 2017–2024 (USD MILLION)

TABLE 116 REST OF SOUTH AMERICA VOLT/VAR MARKET, BY COMPONENT, 2017–2024 (USD MILLION)

TABLE 117 REST OF SOUTH AMERICA VOLT/VAR MARKET, BY END-USE, 2017–2024 (USD MILLION)
List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL VOLT/VAR MARKET SHARE, BY APPLICATION, 2018 (%)

FIGURE 9 GLOBAL VOLT/VAR MARKET, BY APPLICATION, 2019–2024 (USD MILLION)

FIGURE 10 GLOBAL VOLT/VAR MARKET SHARE, BY COMPONENT, 2018 (%)

FIGURE 11 GLOBAL VOLT/VAR MARKET, BY COMPONENT, 2019–2024 (USD MILLION)

FIGURE 12 GLOBAL VOLT/VAR MARKET SHARE, BY END-USE, 2018 (%)

FIGURE 13 GLOBAL VOLT/VAR MARKET, BY END-USE, 2019–2024 (USD MILLION)

FIGURE 14 GLOBAL VOLT/VAR MARKET SHARE (%), BY REGION, 2017

FIGURE 15 GLOBAL VOLT/VAR MARKET, BY REGION, 2019–2024 (USD MILLION)

FIGURE 16 NORTH AMERICA VOLT/VAR MARKET SHARE (%), 2017

FIGURE 17 NORTH AMERICA VOLT/VAR MARKET, BY COUNTRY, 2019–2024 (USD MILLION)

FIGURE 18 EUROPE VOLT/VAR MARKET SHARE (%), 2017

FIGURE 19 EUROPE VOLT/VAR MARKET, BY COUNTRY, 2019–2024 (USD MILLION)

FIGURE 20 ASIA PACIFIC VOLT/VAR MARKET SHARE (%), 2017

FIGURE 21 ASIA PACIFIC VOLT/VAR MARKET, BY COUNTRY, 2019–2024 (USD MILLION)

FIGURE 22 MIDDLE EAST & AFRICA VOLT/VAR MARKET SHARE (%), 2017

FIGURE 23 MIDDLE EAST & AFRICA VOLT/VAR MARKET, BY REGION, 2019–2024 (USD MILLION)

FIGURE 24 SOUTH AMERICA VOLT/VAR MARKET SHARE (%), 2017

FIGURE 25 SOUTH AMERICA VOLT/VAR MARKET, BY REGION, 2019–2024 (USD MILLION)