The global dynamic voltage restorer (DVR) market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The DVR market is driven by the increasing demand for power in developing countries and the need for uninterrupted power supply in industrial sectors. The DVR market is segmented on the basis of type, application, and region. The low voltage level segment accounted for a major share of the global DVR market in 2018 and it is expected to continue its dominance throughout the forecast period. The medium voltage level segment accounted for a minor share of the global DVR market in 2018 and it is expected to grow at a CAGR of 6% during 2019-2030 due to increasing demand from process industries such as steel plants, chemical plants, mining industry etc, which require high voltages that are not available with low voltage levels. The utilities application accounted for a major share of the global DVR market in 2018 and it is expected to continue its dominance throughout 2019-2030 due to increased demand from developing countries such as India where there are no regulations on electricity consumption or distribution which leads to frequent blackouts that can be prevented by installing an uninterrupted power supply system like dynamic voltage restorers (DVRS).
Some Of The Growth Factors Of This Market:
- Increasing demand for renewable energy sources and the need for power quality improvement are the major drivers of the DVR market.
- The increasing demand for renewable energy sources is driving the growth of this market as it helps in reducing carbon emissions and also reduces dependence on fossil fuels.
- The need for power quality improvement is also driving this market as it helps in improving voltage stability, which leads to reduced downtime and increased productivity.
- Increasing awareness about DVRs among end-users will help in boosting this market.
Industry Growth Insights published a new data on “Dynamic Voltage Restorer (DVR) Market”. The research report is titled “Dynamic Voltage Restorer (DVR) Market research by Types (Low Voltage Level, Medium Voltage Level), By Applications (DVR Comprises of Utilities, Automotive Manufacturing, Chemical Plants, Steel Plants, Process Industries, Mining Industry, Electronics, Others), By Players/Companies ABB Ltd., S&C Electric Company, American Superconductor Corporation, Hykon Power Electronics Private”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dynamic Voltage Restorer (DVR) Market Research Report
By Type
Low Voltage Level, Medium Voltage Level
By Application
DVR Comprises of Utilities, Automotive Manufacturing, Chemical Plants, Steel Plants, Process Industries, Mining Industry, Electronics, Others
By Companies
ABB Ltd., S&C Electric Company, American Superconductor Corporation, Hykon Power Electronics Private
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Dynamic Voltage Restorer (DVR) Market Report Segments:
The global Dynamic Voltage Restorer (DVR) market is segmented on the basis of:
Types
Low Voltage Level, Medium Voltage Level
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
DVR Comprises of Utilities, Automotive Manufacturing, Chemical Plants, Steel Plants, Process Industries, Mining Industry, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB Ltd.
- S&C Electric Company
- American Superconductor Corporation
- Hykon Power Electronics Private
Highlights of The Dynamic Voltage Restorer (DVR) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Voltage Level
- Medium Voltage Level
- By Application:
- DVR Comprises of Utilities
- Automotive Manufacturing
- Chemical Plants
- Steel Plants
- Process Industries
- Mining Industry
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dynamic Voltage Restorer (DVR) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DVR is a power management technology that restores the voltage to a battery-powered device when it falls below a certain threshold. This helps preserve battery life and prevents devices from shutting down due to low voltage.
Some of the major companies in the dynamic voltage restorer (dvr) market are ABB Ltd., S&C Electric Company, American Superconductor Corporation, Hykon Power Electronics Private.
The dynamic voltage restorer (dvr) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dynamic Voltage Restorer (DVR) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dynamic Voltage Restorer (DVR) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dynamic Voltage Restorer (DVR) Market - Supply Chain
4.5. Global Dynamic Voltage Restorer (DVR) Market Forecast
4.5.1. Dynamic Voltage Restorer (DVR) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dynamic Voltage Restorer (DVR) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dynamic Voltage Restorer (DVR) Market Absolute $ Opportunity
5. Global Dynamic Voltage Restorer (DVR) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Type
5.3.1. Low Voltage Level
5.3.2. Medium Voltage Level
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dynamic Voltage Restorer (DVR) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Application
6.3.1. DVR Comprises of Utilities
6.3.2. Automotive Manufacturing
6.3.3. Chemical Plants
6.3.4. Steel Plants
6.3.5. Process Industries
6.3.6. Mining Industry
6.3.7. Electronics
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dynamic Voltage Restorer (DVR) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dynamic Voltage Restorer (DVR) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dynamic Voltage Restorer (DVR) Demand Share Forecast, 2019-2026
9. North America Dynamic Voltage Restorer (DVR) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Application
9.4.1. DVR Comprises of Utilities
9.4.2. Automotive Manufacturing
9.4.3. Chemical Plants
9.4.4. Steel Plants
9.4.5. Process Industries
9.4.6. Mining Industry
9.4.7. Electronics
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Type
9.7.1. Low Voltage Level
9.7.2. Medium Voltage Level
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dynamic Voltage Restorer (DVR) Demand Share Forecast, 2019-2026
10. Latin America Dynamic Voltage Restorer (DVR) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Application
10.4.1. DVR Comprises of Utilities
10.4.2. Automotive Manufacturing
10.4.3. Chemical Plants
10.4.4. Steel Plants
10.4.5. Process Industries
10.4.6. Mining Industry
10.4.7. Electronics
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Type
10.7.1. Low Voltage Level
10.7.2. Medium Voltage Level
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dynamic Voltage Restorer (DVR) Demand Share Forecast, 2019-2026
11. Europe Dynamic Voltage Restorer (DVR) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Application
11.4.1. DVR Comprises of Utilities
11.4.2. Automotive Manufacturing
11.4.3. Chemical Plants
11.4.4. Steel Plants
11.4.5. Process Industries
11.4.6. Mining Industry
11.4.7. Electronics
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Type
11.7.1. Low Voltage Level
11.7.2. Medium Voltage Level
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dynamic Voltage Restorer (DVR) Demand Share, 2019-2026
12. Asia Pacific Dynamic Voltage Restorer (DVR) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Application
12.4.1. DVR Comprises of Utilities
12.4.2. Automotive Manufacturing
12.4.3. Chemical Plants
12.4.4. Steel Plants
12.4.5. Process Industries
12.4.6. Mining Industry
12.4.7. Electronics
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Type
12.7.1. Low Voltage Level
12.7.2. Medium Voltage Level
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dynamic Voltage Restorer (DVR) Demand Share, 2019-2026
13. Middle East & Africa Dynamic Voltage Restorer (DVR) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Application
13.4.1. DVR Comprises of Utilities
13.4.2. Automotive Manufacturing
13.4.3. Chemical Plants
13.4.4. Steel Plants
13.4.5. Process Industries
13.4.6. Mining Industry
13.4.7. Electronics
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dynamic Voltage Restorer (DVR) Market Size and Volume Forecast by Type
13.7.1. Low Voltage Level
13.7.2. Medium Voltage Level
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dynamic Voltage Restorer (DVR) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dynamic Voltage Restorer (DVR) Market: Market Share Analysis
14.2. Dynamic Voltage Restorer (DVR) Distributors and Customers
14.3. Dynamic Voltage Restorer (DVR) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. S&C Electric Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. American Superconductor Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hykon Power Electronics Private
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook