Market Overview:
The global power factor correction (PFC) controller market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for energy-efficient appliances and rising awareness about the benefits of PFC controllers. Based on type, the global PFC controller market is segmented into single phase TM PFC controller, interleaved TM PFC controller, single phase CCM PFC controller, and interleaved CCM PFC controller. The single phase TM controllers segment is expected to hold the largest share of the global market in 2018 owing to their high efficiency and low cost. However, with technological advancements in interleaved controllers, this segment is projected to witness a higher CAGR during the forecast period.
 Controller Industry Outlook.svg)
Product Definition:
A Power Factor Correction (PFC) Controller is a device used to improve the power factor of an electrical system. The importance of a PFC controller is that it can improve the efficiency of an electrical system by reducing losses in power transmission and improving the overall performance of equipment.
Single Phase TM PFC Controller:
Single-phase TM PFC Controller is a power electronic device which regulates the output current of an electric motor. It has applications in various industries such as automotive, industrial, aerospace and defense among others. The growth factor for this market is high demand from end-user industries due to benefits offered by single-phase TM PFC Controller such as cost reduction and improved efficiency of motors over traditional systems.
Interleaved TM PFC Controller:
Interleaved TM PFC Controller is a new technology that uses an internal bank of registers to reduce the time taken for performing a given task. The technology is based on pipelined control and utilizes an interleaving technique, which reduces the latency between input and output. Interleaved TM PFC Controller has applications in various areas such as industrial automation, consumer electronics, networking equipment, servers and storage devices.
Application Insights:
The power industry segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-quality electricity across various sectors, including data centers, IT offices, hospitals and commercial buildings. Power factor correction controllers are used in large quantities by major players in the power industry as they offer benefits such as improved system efficiency along with reliable quality and enhanced durability.
Telecommunication application segment is expected to register a notable CAGR during the forecast period on account of growing demand from telecom companies for long-distance transmission facilities coupled with an increase in number of users around the globe.
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% during the forecast period. The growth can be attributed to increasing adoption of power factor correction in emerging economies such as China and India. In addition, growing demand for clean energy coupled with rising awareness about environment protection is expected to drive market growth in this region.
China has been witnessing a rapid increase in industrialization owing to which there has been an upsurge in electricity consumption across various industries within the country. This, subsequently, has led to increased demand for power factor correction solutions across different applications within China’s power industry thereby driving regional market growth over the forecast period.
Europe was estimated as being worth USD X million in 2017 and is projected to grow at a significant rate over the coming years owing high product penetration rates observed throughout several countries including Germany and U.K.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for power factor correction (PFC) controllers is expected to grow at a CAGR of 9.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient devices across the globe.
- Rising awareness about the benefits of PFC: There is a growing awareness among consumers about the benefits of using PFC controllers, which is driving the growth of this market.
- Growing demand from industrial and commercial sectors: The industrial and commercial sectors are expected to be key drivers of the global PFC controller market during the forecast period. This can be attributed to rising investments in these sectors towards improving energy efficiency and reducing power costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Factor Correction (PFC) Controller Market Research Report
By Type
Single Phase TM PFC Controller, Interleaved TM PFC Controller, Single Phase CCM PFC Controller, Interleaved CCM PFC Controller
By Application
Power Industry, Semiconductor, Telecommunications, Medical Treatment
By Companies
STMicroelectronics, Texas Instruments, ON Semiconductor, Infineon Technologies, Renesas Electronics Corporation, Microsemi, Schneider Electric, Analog Devices
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Power Factor Correction (PFC) Controller Market Report Segments:
The global Power Factor Correction (PFC) Controller market is segmented on the basis of:
Types
Single Phase TM PFC Controller, Interleaved TM PFC Controller, Single Phase CCM PFC Controller, Interleaved CCM PFC Controller
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
Power Industry, Semiconductor, Telecommunications, Medical Treatment
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:
- STMicroelectronics
- Texas Instruments
- ON Semiconductor
- Infineon Technologies
- Renesas Electronics Corporation
- Microsemi
- Schneider Electric
- Analog Devices
 Controller Market Overview.svg)
Highlights of The Power Factor Correction (PFC) Controller 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:
- Single Phase TM PFC Controller
- Interleaved TM PFC Controller
- Single Phase CCM PFC Controller
- Interleaved CCM PFC Controller
- By Application:
- Power Industry
- Semiconductor
- Telecommunications
- Medical Treatment
- 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 Power Factor Correction (PFC) Controller 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Controller Market Statistics.svg)
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 power factor correction (PFC) controller is a device that helps to improve the efficiency of an electrical system by correcting for deviations in power factor. Power factor is the ratio of actual wattage delivered to rated wattage required to produce an equivalent output voltage. In a properly functioning electrical system, voltages are distributed evenly throughout the system and there is minimal fluctuation or "ripple" on line voltage. A PFC controller can help correct for power factors that are below 100% and can result in increased energy efficiency.
Some of the major players in the power factor correction (pfc) controller market are STMicroelectronics, Texas Instruments, ON Semiconductor, Infineon Technologies, Renesas Electronics Corporation, Microsemi, Schneider Electric, Analog Devices.
The power factor correction (pfc) controller market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Factor Correction (PFC) Controller 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 Power Factor Correction (PFC) Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Factor Correction (PFC) Controller 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 Power Factor Correction (PFC) Controller 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 Power Factor Correction (PFC) Controller Market Size & Forecast, 2020-2028
4.5.1 Power Factor Correction (PFC) Controller Market Size and Y-o-Y Growth
4.5.2 Power Factor Correction (PFC) Controller 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 Single Phase TM PFC Controller
5.2.2 Interleaved TM PFC Controller
5.2.3 Single Phase CCM PFC Controller
5.2.4 Interleaved CCM PFC Controller
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 Power Industry
6.2.2 Semiconductor
6.2.3 Telecommunications
6.2.4 Medical Treatment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Factor Correction (PFC) Controller 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 Power Factor Correction (PFC) Controller 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 Single Phase TM PFC Controller
9.6.2 Interleaved TM PFC Controller
9.6.3 Single Phase CCM PFC Controller
9.6.4 Interleaved CCM PFC Controller
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 Power Industry
9.10.2 Semiconductor
9.10.3 Telecommunications
9.10.4 Medical Treatment
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 Single Phase TM PFC Controller
10.6.2 Interleaved TM PFC Controller
10.6.3 Single Phase CCM PFC Controller
10.6.4 Interleaved CCM PFC Controller
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 Power Industry
10.10.2 Semiconductor
10.10.3 Telecommunications
10.10.4 Medical Treatment
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 Single Phase TM PFC Controller
11.6.2 Interleaved TM PFC Controller
11.6.3 Single Phase CCM PFC Controller
11.6.4 Interleaved CCM PFC Controller
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 Power Industry
11.10.2 Semiconductor
11.10.3 Telecommunications
11.10.4 Medical Treatment
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 Single Phase TM PFC Controller
12.6.2 Interleaved TM PFC Controller
12.6.3 Single Phase CCM PFC Controller
12.6.4 Interleaved CCM PFC Controller
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 Power Industry
12.10.2 Semiconductor
12.10.3 Telecommunications
12.10.4 Medical Treatment
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 Single Phase TM PFC Controller
13.6.2 Interleaved TM PFC Controller
13.6.3 Single Phase CCM PFC Controller
13.6.4 Interleaved CCM PFC Controller
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 Power Industry
13.10.2 Semiconductor
13.10.3 Telecommunications
13.10.4 Medical Treatment
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 Power Factor Correction (PFC) Controller Market: Competitive Dashboard
14.2 Global Power Factor Correction (PFC) Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 STMicroelectronics
14.3.2 Texas Instruments
14.3.3 ON Semiconductor
14.3.4 Infineon Technologies
14.3.5 Renesas Electronics Corporation
14.3.6 Microsemi
14.3.7 Schneider Electric
14.3.8 Analog Devices
