Industry Background:
Power Factor Transducers measure the power factor in 1 phase and 3 phase electrical systems. These transducers provide an output that is load-independent and isolation from the input. The output is connected with controllers, data-loggers, PLC’s analog/digital indicators, and others. These are ideal for SCADA, telemetering, energy management, and central monitoring system. It works on voltage such as 63.5/110/230/440 Volt and 50 or 60 Hz frequency.This growth is primarily driven by Progression in Industrial Facilities to Improve Energy Efficiency, Increasing Need for Energy Conservation in Industries and Home Utilities and Rise in Requirement for Preventing Damage to Electronic Equipment’s.
Globally, a noticeable market trend is evident Rising Need for Process Automation Globally
. Major Manufacturers, such as Yokogawa Electric (Japan), CR Magnetics (United States), Honeywell (United States), Siemens (Germany), Ohio Semitronics (United States), Sentran (United States), CR Magnetics (United States), NK Technologies (India), Eltime Controls (England), Pentagon Instruments (England), Eltime Controls (United Kingdom), Meco Instruments Pvt. Ltd. (India), Lectrotek Systems Pvt. Ltd. (India), Kusam Electrical Industries Limited (India) and Synergy Automation (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Progression in Industrial Facilities to Improve Energy Efficiency
- Increasing Need for Energy Conservation in Industries and Home Utilities
- Rise in Requirement for Preventing Damage to Electronic Equipment’s
Market Trend
- Rising Need for Process Automation Globally
- Increase Demand of Dc Power Factor Transducer in Power Management
- Technology Advancements
Restraints
- High Installation Cost of Automatic Power Factor Controller Panels in Industrial Verticals
- Growing Usage of Integrated Product
Opportunities
Growing Investments in Developing Nations in Infrastructure, Rise in Demand for Eco-Friendly Electric and Hybrid Vehicles and Increasing Adoption of Automation in Emerging Countries
Challenges
Issue Related To the Complexity of Designing Circuits
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Power Factor Transducers Study Sheds Light on
The Power Factor Transducers Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Power Factor Transducers industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Power Factor Transducers industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.