The Global Automatic Power Factor Controller market was valued at USD 4.23 billion in 2021 and is expected to reach USD 5.24 billion by the year 2028, at a CAGR of 3.1%.

The global Automatic Power Factor Controllers Market presents comprehensive knowledge that produces a valuable provider of perceptive information for business strategists throughout 2022-2028. supporting historical information, the Automatic Power Factor Controllers Market report provides major segments and their sub-segments, revenue, and supply and demand information. Given the technological innovations at intervals in the market, the business is maybe planning to emerge as a complementary platform for investors at intervals in the rising market. a radical competitive analysis covering perceptive information on business leaders is supposed to help potential market entrants and competitive existing players to achieve their alternatives in the right direction. The market structure analysis discusses fine the profile of the Automatic Power Factor Controllers Market company, revenue share at intervals the market, comprehensive product portfolio, networking and distribution strategy, regional market footprint, and more.

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An Automatic Power Factor Controller project is developed to enhance the power factor automatically whenever the power factor falls below a certain level. As we know demand for electrical energy is rising day by day. More and more inductive loads are being utilized in industry and domestic applications. Inductive loads are the key factor for low power factors in the power system. Hence, we require to design a method to enhance the power factor automatically. Furthermore, an automatic power controller project offers a solution to this problem. Low power factor incorporates a redundant burden on the power system and transmission lines. By improving the power factor of the power system automatically, power system efficiency can be boosted. Furthermore, the power factor correction prototype is designed using a pic microcontroller, transformer, relays, current transformer, and zero-crossing circuit.

Key Players of the Automatic Power Factor Controllers Market:

STMicroelectronics NV (Switzerland), Eaton Corporation Plc. (Ireland), General Electric Company (US), EPCOS AG (Germany), Fairchild Semiconductor International Inc. (US), Larsen & Turbo (India), APFC panels manufacturers include ABB Ltd. (Switzerland), Crompton Greaves Ltd. (India), General Electric (U.S.), Schneider Electric (France), Texas Instruments Inc. (US), ON Semiconductor Corporation (U.S.), STMicroelectronics (Switzerland), and others.

Segmentation of Automatic Power Factor Controllers Market:

In market segmentation by Type, Automatic Power Factor Controllers Market report covers:

Active Power Factor Controller, Passive Power Factor Controller, Other

In market segmentation by Application, the Automatic Power Factor Controllers Market report covers:

PetroleumChemicalIndustry,FoodIndustry,Manufacturing,UtilityIndustry,Commercial,Enterprise,Pharmaceutical Industry,Military,And Others

Major geographies analyzed under this Automatic Power Factor Controllers Market report are:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain rest of region.)
• Asia-Pacific (China, India, Japan, Southeast Asia rest of region.)
• South America (Brazil, Argentina rest of region.)
• Middle East & Africa (Saudi Arabia, South Africa rest of region)

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Automatic power factor controllers require efficient power supply to computer peripherals, computers, and graphics power units (GPUs), as switches that turn them off minimize the power supply to these devices. Installing this device reduces power consumption and saves electricity costs. Transformers are one of the important functions in the utility industry, such as power plants, where reactive power factor and power loss reduction are required. The factors that accelerate the growth of the global automatic power factor controller market incorporates execution of automatic power factor controller in almost all the industries such as petroleum chemical industry, food industry, manufacturing, utility, commercial, enterprise, pharmaceutical industry, military, and others. In addition, rising demand for power management devices in the industries; thus, eventually a requirement for automatic power factor controllers. Several beneficial characteristics also turn the growth of the automatic power factor controller market such as management of power factor, need for inhibiting electronic apparatus from destruction, declines in electricity expenses, and power saving.

Scope Of The Automatic Power Factor Controllers Market Research Report

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