Zion Market Research Global Automatic Power Factor Controller Market, 2 | Page 3
Automatic Power Factor Controller Market
The power management devices are highly demanding in the industries; this is anticipated
to boost the global automatic power factor controller market growth. Additionally,
acceptance of the automatic power factor controller has risen across the industries such as
enterprise, manufacturing, commercial, military, and utility, which may foster the global
market growth in the near future. They provide some advantages such as reduce electricity
cost, saves power, and manages power factor; hence, its advantages are influencing the
global automatic power factor controller market in a positive way. This controller saves
electrical equipment from getting damaged; this is anticipated to drive the global market in
future.
Global Automatic Power Factor Controller Market: Segmentation
The global automatic power factor controller market is classified based on the component as
microcontrollers, relays, resistors, displays, capacitors, and switches. On the basis of type,
the global market is categorized as passive APFCs and active APFCs. The global market is
further fragmented based on industries as commercial, manufacturing, military, utility, and
enterprise.
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Global Automatic Power Factor Controller Market: Regional Analysis
The global automatic power factor controller market is classified based on geography as
Asia Pacific, North America, the Middle East & Africa Europe, and Latin America. Asia
Pacific is the leading region for automatic power factor controller as higher demand is
expected to fuel the global market. However, rising industrialization and urbanization in this
region also positively impact the global market. The increase in spending on infrastructure