Distribution Voltage Regulator Market Size

Distribution Voltage Regulators Market Analysis

The global distribution voltage regulator market is expected to grow at a CAGR of more than 4% throughout 2020-2025. Voltage regulators are generally used in power distribution for maintaining stable power supply voltages across distribution lines irrespective of the fluctuating line and load conditions. Factors such as the rising demand for power and an increase in transmission as well as distribution lines are likely to drive the distribution voltage regulator market during the forecast period. Moreover, to install and upgrade new and existing transmission and distribution (T&D) networks, many countries have planned to invest a significant amount in their respective power sector. Such investments are expected to propel the global distribution voltage regulator market since voltage fluctuations are required to be stabilized for providing an uninterrupted electricity supply. However, the requirement of high initial investment for installing a distribution voltage regulator is a major restraining factor for the studied market.

• The industrial or utility companies have positively impacted the market due to high investment, which is likely to dominate the market during the forecast period.
• Replacement and upgrading of aging power distribution networks across countries in Asia are likely to provide attractive opportunities for the voltage regulators market. Moreover, the shifting of the transmission system from high voltage alternating current (HVAC) to high voltage direct current (HVDC) provides ample opportunity for the distribution voltage regulator market in the coming future.
• Asia-Pacific has dominated the distribution voltage regulator market, with the majority of the demand coming from China, Japan, and India.