Reports and Data estimates the global Automatic Power Factor Controller Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2027 as the forecast period. The report offers CAGR and market size for the global Automatic Power Factor Controller Market during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include ABB Ltd., Crompton Greaves Ltd., EPCOS AG, Eaton Corporation, Fairchild Semiconductor International Inc., General Electric Company, Larsen & Toubro Limited, On Semiconductor Corporation, Schneider Electric Sa, STMicroelectronics N.V., Texas Instruments Inc.

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 Automatic Power Factor Controller Market Overview :-

The global automatic power factor controller market is expected to reach a substantially large market size in 2027 and register a high CAGR over the forecast period. Industry analysis indicates that rising demand for automatic power factor controllers in various applications is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period.

An automatic power factor controller is a device that is programmed to automatically boost the output power when the power factor declines under a certain level. Demand for electric power is rising constantly. Also, need to build a system for automatic improvement in the power factor is increasing, as low power factor puts excessive pressure on power grids and transmission lines. This need can be fulfilled by using automatic power factor controllers.  Demand for automatic power factor controllers is expected to rise at a considerably high rate in the near future and the existing players are expected to gain a higher market share in the next few years.

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By Type (Revenue, USD Million; 2017–2027)

• Active
• Passive

By Component (Revenue, USD Million; 2017–2027)

• Relays
• Capacitors
• Displays
• Microcontrollers
• Switches
• Resistors

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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 Key Questions answered by the Report:

• What is the expected year-on-year growth of the Automatic Power Factor Controller Market during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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