Market Overview:
The global domestic voltage stabilizer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for voltage stabilizers in residential and commercial applications, owing to the rising instances of power outages and fluctuations in voltage levels. In addition, the growing awareness about the benefits of using voltage stabilizers is also contributing to the market growth. Based on type, the global domestic voltage stabilizer market is segmented into < 1000VA, 1000 ~ 2000VA, 2001 ~ 3000VA, and > 3000VA segments. The < 1000VA segment is projected to account for a major share ofthe global domestic voltage stabilizer market duringthe forecast period dueto its low cost and easy installation. , LCD/LED TVs , CRT TV s , music systems , washing machines , others .
Product Definition:
A voltage stabilizer is an electronic device used to maintain a steady voltage level in an electrical circuit. A domestic voltage stabilizer is a specific type of voltage stabilizer designed for use in homes and small businesses. Voltage stabilizers are important because they help protect electronic equipment from damage caused by fluctuations in the power supply. Without a voltage stabilizer, any electronic equipment connected to an unstable power supply will be at risk of damage.
< 1000VA:
The global demand for low voltage stabilizers is expected to grow at a CAGR of XX% from 2018 to 2025. The growth can be attributed to the increasing adoption of these devices in developing countries such as India and China, where electricity consumption is growing at double digit rates.
Low voltage stabilizers are used across various sectors including commercial, industrial and residential which have led to an increase in its adoption rate globally.
1000 ~ 2000VA:
The 1000-2000VA range is the most popular choice for domestic voltage stabilizers. It provides more than adequate capacity to cover small to medium size households and has been considered as one of the best options for emergency power backup.
1000-2000VA range UPS systems are compact in nature and can be installed by a non-engineer as well, which makes it an ideal product for household usage.
Application Insights:
The global demand for voltage stabilizers has seen a paradigm shift due to the growing adoption of LCD/LED TVs, refrigerators and CRT TV. The demand for domestic stabilizers is expected to grow at a significant rate owing to the increasing adoption of electric appliances across households globally.
The major application segments catered by this market are AC, LCD/LED TVs, refrigerators and CRT TV. Stabilization of household electrical currents ensures better performance from electronic products such as computers, laptops etc., leading to increased product life cycle which eventually results in higher revenue generation.
Refrigerator is one of the most important appliances in any household; thus it requires stable power supply during its operations as well as while it is being plugged in or turned on.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing number of product launches in countries, such as China and India. For instance, in 2017, Xiaomi Global Community launched a smart voltage stabilizer under the brand name ‘Mi Power Bank’ that can charge two smartphones simultaneously using only one outlet socket. Moreover, increased adoption of solar energy power generation systems has led to an increase in demand for domestic voltage stabilizers across this region which will further boost market growth during the forecast period.
North America was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for voltage stabilizers from the industrial sector
- Growing awareness about the benefits of voltage stabilizers among consumers
- Rising investments in research and development by leading players to develop new and innovative products
- Expansion of distribution channels by key players to increase their presence in the market
- Emergence of start-ups that are offering innovative products and services at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Domestic Voltage Stabilizer Market Research Report
By Type
< 1000VA, 1000 ~ 2000VA, 2001 ~ 3000VA, > 3000VA
By Application
AC, LCD/LED TVs, Refrigerators, CRT TV, Music Systems, Washing Machine, Others
By Companies
V-Guard Industries, Microtek, Pulstron, Syspro, N Guard, Luminous, Everest, Whirlpool, Simon, Hykon
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Domestic Voltage Stabilizer Market Report Segments:
The global Domestic Voltage Stabilizer market is segmented on the basis of:
Types
< 1000VA, 1000 ~ 2000VA, 2001 ~ 3000VA, > 3000VA
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
AC, LCD/LED TVs, Refrigerators, CRT TV, Music Systems, Washing Machine, 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:
- V-Guard Industries
- Microtek
- Pulstron
- Syspro
- N Guard
- Luminous
- Everest
- Whirlpool
- Simon
- Hykon
Highlights of The Domestic Voltage Stabilizer 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:
- < 1000VA
- 1000 ~ 2000VA
- 2001 ~ 3000VA
- > 3000VA
- By Application:
- AC
- LCD/LED TVs
- Refrigerators
- CRT TV, Music Systems
- Washing Machine
- 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 Domestic Voltage Stabilizer 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?
A domestic voltage stabilizer is a device that helps to maintain the voltage level in your home. This can be important if you have older appliances or electronics that may not work as well with fluctuating voltages.
Some of the key players operating in the domestic voltage stabilizer market are V-Guard Industries, Microtek, Pulstron, Syspro, N Guard, Luminous, Everest, Whirlpool, Simon, Hykon.
The domestic voltage stabilizer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Domestic Voltage Stabilizer Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Domestic Voltage Stabilizer Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Domestic Voltage Stabilizer Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Domestic Voltage Stabilizer Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Domestic Voltage Stabilizer Market Size & Forecast, 2020-2028 4.5.1 Domestic Voltage Stabilizer Market Size and Y-o-Y Growth 4.5.2 Domestic Voltage Stabilizer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 < 1000VA
5.2.2 1000 ~ 2000VA
5.2.3 2001 ~ 3000VA
5.2.4 > 3000VA
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 AC
6.2.2 LCD/LED TVs
6.2.3 Refrigerators
6.2.4 CRT TV
6.2.5 Music Systems
6.2.6 Washing Machine
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Domestic Voltage Stabilizer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Domestic Voltage Stabilizer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 < 1000VA
9.6.2 1000 ~ 2000VA
9.6.3 2001 ~ 3000VA
9.6.4 > 3000VA
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 AC
9.10.2 LCD/LED TVs
9.10.3 Refrigerators
9.10.4 CRT TV
9.10.5 Music Systems
9.10.6 Washing Machine
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 < 1000VA
10.6.2 1000 ~ 2000VA
10.6.3 2001 ~ 3000VA
10.6.4 > 3000VA
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 AC
10.10.2 LCD/LED TVs
10.10.3 Refrigerators
10.10.4 CRT TV
10.10.5 Music Systems
10.10.6 Washing Machine
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 < 1000VA
11.6.2 1000 ~ 2000VA
11.6.3 2001 ~ 3000VA
11.6.4 > 3000VA
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 AC
11.10.2 LCD/LED TVs
11.10.3 Refrigerators
11.10.4 CRT TV
11.10.5 Music Systems
11.10.6 Washing Machine
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 < 1000VA
12.6.2 1000 ~ 2000VA
12.6.3 2001 ~ 3000VA
12.6.4 > 3000VA
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 AC
12.10.2 LCD/LED TVs
12.10.3 Refrigerators
12.10.4 CRT TV
12.10.5 Music Systems
12.10.6 Washing Machine
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 < 1000VA
13.6.2 1000 ~ 2000VA
13.6.3 2001 ~ 3000VA
13.6.4 > 3000VA
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 AC
13.10.2 LCD/LED TVs
13.10.3 Refrigerators
13.10.4 CRT TV
13.10.5 Music Systems
13.10.6 Washing Machine
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Domestic Voltage Stabilizer Market: Competitive Dashboard
14.2 Global Domestic Voltage Stabilizer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 V-Guard Industries
14.3.2 Microtek
14.3.3 Pulstron
14.3.4 Syspro
14.3.5 N Guard
14.3.6 Luminous
14.3.7 Everest
14.3.8 Whirlpool
14.3.9 Simon
14.3.10 Hykon