NEW YORK, Jan. 6, 2016 /PRNewswire/ -- The global distribution voltage regulator market is projected to grow from $1,997.5 million to $2,482.5 million at a CAGR of from 4.7% 2014 to 2019. Asia-Pacific was the single-largest market for distribution voltage regulators in 2013, holding 43.5% share, and is set to continue its dominance till 2019. The Middle East and Africa is projected to emerge as the fastest growing market during the forecast period, exhibiting a CAGR of 5.2% from 2014 to 2019, followed by Asia-Pacific at 5.0% and the Americas at 4.3% during the same period.
The global distribution voltage regulator market has been segmented on the basis of type, end-users, and region, in terms of value. The market segments by type include ferroresonant and tap-switching distribution voltage regulators, by end-users include commercial, industrial, and residential, and by region include Americas, Europe, Asia-Pacific, and the Middle East and Africa. The regional segment has been further divided into country-wise segmentation which includes the U.S., Brazil, the U.K., Germany, China, India, Saudi Arabia, South Africa, and others.
Distribution voltage regulators play a crucial role in maintaining reliable power supply voltages across distribution lines, irrespective of the fluctuating line and load conditions. The distribution voltage regulator market is primarily driven by increasing power demand, expanding power distribution networks, and the need to provide reliable power supply with high efficiency. The replacement and upgrading of aged power distribution networks across markets such as Europe and North America will provide attractive opportunities for the distribution voltage regulator market in future.
This report provides an analysis of key companies and competitive analysis of developments recorded in the industry during the past three years. Market drivers, restraints, opportunities, burning issues, and latest industry trends of the market have been discussed in detail. The leading players in the market such as Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (U.S.), Maschinenfabrik Reinhausen (Germany), Eaton Corporation (U.S.), Howard Industries (U.S.), Toshiba Corporation (Japan), Basler Electric (U.S.), J. Schneider Elektrotechnik GmbH (Germany) and others, have been profiled in this report.
In 2014, Asia-Pacific is estimated to be the largest market distribution voltage regulators across the globe, and is projected to remain so till 2019. The key players of the global distribution voltage regulator market undertake various contracts and agreements (including joint ventures, collaborations, and partnerships) as well as mergers and acquisitions to increase their share in the market. The leading distribution voltage regulator companies are expanding rapidly in fast-growing markets such as Asia-Pacific, the Middle East and Africa, and South America by opening new sales and service channels, expanding manufacturing capacities, and establishing specialized R&D centers.
SCOPE OF THE REPORT
This report focuses on the global distribution voltage regulator market, which has been segmented on the basis of type, end-user, and region.
On the basis of type
On the basis of End-user
On the basis of Region
- Middle East & Africa
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