The India power quality equipment market size reached USD 604.69 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 970.73 Million by 2033, exhibiting a growth rate (CAGR) of 5.40% during 2025-2033. The India power quality equipment market share is expanding, driven by the increasing reliance on renewable energy systems integrated with power grids that require advanced monitoring equipment, along with the growing investments in data center infrastructure.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 604.69 Million |
Market Forecast in 2033 | USD 970.73 Million |
Market Growth Rate (2025-2033) | 5.40% |
Increasing adoption of renewable energy
The rising adoption of renewable energy is offering a favorable India power quality equipment market outlook. Solar and wind energy sources, while eco-friendly, are often inconsistent due to weather variations, leading to voltage instability and power imbalances. This fluctuation requires power quality equipment like voltage regulators, harmonic filters, and power conditioners to ensure smooth and stable energy flow. As India invests heavily in renewable energy projects to attain sustainability goals and minimize carbon emissions, industries, commercial spaces, and residential sectors increasingly rely on power quality solutions to maintain a reliable electricity supply. Additionally, renewable energy systems integrated with power grids require advanced monitoring equipment to manage energy distribution and prevent disruptions. Government initiatives promoting solar rooftops, wind farms, and green energy expansion further drive the demand for these technologies. According to the information provided on the official website of the IBEF, in the Indian Interim Budget for 2024-2025, the financial allocation for the development of solar power grid infrastructure rose to INR 8,500 Crore (USD 1.02 Billion), a notable increase compared to the sum of INR 4,970 Crore (USD 0.60 Billion) in 2023-2024. As renewable energy usage is growing, power quality equipment is becoming essential to ensure system reliability, grid stability, and uninterrupted power flow across various sectors.
Expansion of data centers
The expansion of data centers is impelling the India power quality equipment market growth. Data centers house critical information technology (IT) infrastructure that requires uninterrupted power to maintain server performance, data storage, and network operations. Even minor power disruptions can lead to data loss, equipment damage, and costly downtime, making power quality equipment essential. Devices, such as uninterruptible power supplies (UPS), voltage stabilizers, surge protectors, and harmonic filters, help maintain consistent power flow, ensuring data centers operate without interruptions. As cloud computing, digital transformation, and online services broaden, India witnesses a rapid expansion in data center infrastructure, further increasing the demand for these solutions. Major tech companies and telecom providers are investing heavily in building data centers, especially in metro cities and IT hubs, to meet rising digital needs. In December 2024, ST Telemedia Global Data Centers (STT GDC) India, a worldwide participant in the data center sector, revealed that it entered a memorandum of understanding (MoU) with the Uttar Pradesh government to create India’s inaugural artificial intelligence (AI) city in Lucknow. The initiative sought to improve the artificial intelligence (AI) ecosystem through the creation of sophisticated data centers and computing infrastructure for different industries, startups, research organizations, and the government. Apart from this, with the surge of the Internet of Things (IoT) and big data analytics, data centers require advanced power monitoring systems to manage high power loads efficiently. Power quality equipment also aids data centers in meeting energy efficiency standards by minimizing power wastage and refining system performance.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on equipment, phase, and end use.
Equipment Insights:
The report has provided a detailed breakup and analysis of the market based on the equipment. This includes power quality meters, surge protection devices, harmonic filters, voltage regulators, uninterruptible power supply (UPS), and others.
Phase Insights:
A detailed breakup and analysis of the market based on the phases have also been provided in the report. This includes single phase and three phase.
End Use Insights:
A detailed breakup and analysis of the market based on the end uses have also been provided in the report. This includes residential, commercial, industrial and manufacturing, utilities, and transportation.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Equipment Covered | Power Quality Meters, Surge Protection Devices, Harmonic Filters, Voltage Regulators, Uninterruptible Power Supply (UPS), Others |
Phases Covered | Single Phase, Three Phase |
End Uses Covered | Residential, Commercial, Industrial and Manufacturing, Utilities, Transportation |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: