According to a market report by Lucintel, the future of the global industrial and commercial static stabilizer market looks promising with opportunities in the industrial and commercial markets. The global industrial and commercial static stabilizer market is expected to grow with a CAGR of 3.4% from 2024 to 2030. The major drivers for this market are surge in industrial automation, rising environmental concerns, and growing focus on data centers.
In this market, single phase and three phase are the major segments of industrial and commercial static stabilizer market by type.
Lucintel forecasts that single phase is expected to witness the higher growth over the forecast period due to growing awareness towards power quality.
Within this market, industrial is expected to witness the higher growth due to growing adoption of industrial automation technologies and rising number of stringent regulatory standards.
North America is expected to witness highest growth over the forecast period due to increasing demand for data centers and growing adoption of renewable energy sources in the region.
Edit Elektronic, Delta, NKB Technocrats, ORTEA SpA, and AIRKOM are the major suppliers in the industrial and commercial static stabilizer market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]