Market Overview:
The global voltage stabilizers for refrigerator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for voltage stabilizers for refrigerator in residential and commercial applications across the globe. In addition, the growing awareness about energy conservation is also propelling the demand for voltage stabilizers for refrigerator globally. Some of the major players operating in this market are Emerson (US), Schneider Electric SE (France), Eaton Corporation Plc (Ireland), and General Electric Company (US).
Product Definition:
A voltage stabilizer is a device used to maintain a constant voltage level. This is important for refrigerators, as the motor inside them can be damaged if the voltage levels are too high or too low.
Single Phase:
Single-phase AC voltage stabilization is used to stabilize the fluctuation of voltages in refrigerators and other appliances. Single phase means one complete cycle of electricity which includes a positive part of two seconds and then negative part of two seconds. It has no load attached to it, but if there is a load attached to it, then we can call that as single phase loaded or single-phase unloading.
Three Phase:
Three phase voltage stabilizers for refrigerator market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes rise in demand for energy efficient and eco-friendly products. Additionally, increasing usage of three phase voltage stabilizers in various end-use industries such as industrial automation and data communication also boosts the market development.
In a normal electrical circuit, there are two types of phases; single phase and three phase.
Application Insights:
The residential application segment accounted for the largest share of over 60.0% in 2017. The growing trend of smart homes is expected to drive the demand for stabilizers in refrigerators, which, in turn, will fuel the market growth over the forecast period. Voltage stabilizers are used to protect electrical and electronic equipment from voltage fluctuations caused due to power outages or brownouts at home or office buildings etcetera. These fluctuations can lead to damage if not controlled properly leading to an increase in demand for stabilizers among residential consumers globally.
Commercial applications are anticipated expand at a CAGR of XX%, in terms of revenue from 2018 to 2030 owing stabilization requirements imposed on large commercial building infrastructure by regulatory bodies such as IEC and ANSI etcetera across various regions worldwide including North America.
Regional Analysis:
North America was the largest regional market in 2017 owing to well-established manufacturers and a large consumer base. The region is expected to maintain its dominance over the forecast period as well, owing to growing demand for energy-efficient products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due primarily growth of commercial sector in developing countries such as China and India along with increasing disposable income levels among consumers. Moreover, rising number of residential construction activities will drive product demand further. Voltage stabilizers are used extensively across commercial buildings including shopping malls, hotels, restaurants and hospitals for protection against power fluctuations that may damage electronic equipment or appliances during power outages caused by storms or emergencies.
The European voltage stabilizers for refrigerator market is anticipated grow at a significant rate on account of increasing awareness regarding benefits offered by these devices coupled with presence of major manufacturers such as Honeywell International Inc.
Growth Factors:
- Increasing demand for voltage stabilizers in the refrigerator market due to the increase in sales of refrigerators
- Growing awareness about the benefits of using voltage stabilizers in refrigerators among consumers
- Rising number of online and offline retail stores offering voltage stabilizers for refrigerator at competitive prices
- Proliferation of counterfeit products in the market, which is driving consumers towards genuine branded products
- Increasing investments by leading players to expand their product offerings and strengthen their position in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Voltage Stabilizers for Refrigerator Market Research Report
By Type
Single Phase, Three Phase
By Application
Residential, Commercial
By Companies
V-Guard Industries Ltd, Luminous, Livguard, Servokon, Microtek, Giomex, Candes, Zodin, Monitor, Dachi, Keeline, Capri
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Voltage Stabilizers for Refrigerator Market Report Segments:
The global Voltage Stabilizers for Refrigerator market is segmented on the basis of:
Types
Single Phase, Three Phase
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
Residential, Commercial
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 Ltd
- Luminous
- Livguard
- Servokon
- Microtek
- Giomex
- Candes
- Zodin
- Monitor
- Dachi
- Keeline
- Capri
Highlights of The Voltage Stabilizers for Refrigerator 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
- Three Phase
- By Application:
- Residential
- Commercial
- 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 Voltage Stabilizers for Refrigerator 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
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 voltage stabilizer is a device that helps to maintain the voltage of an electrical system. This can be important for refrigerators, as low voltages can cause damage to the equipment.
Some of the major companies in the voltage stabilizers for refrigerator market are V-Guard Industries Ltd, Luminous, Livguard, Servokon, Microtek, Giomex, Candes, Zodin, Monitor, Dachi, Keeline, Capri.
The voltage stabilizers for refrigerator 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 Voltage Stabilizers for Refrigerator 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 Voltage Stabilizers for Refrigerator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Voltage Stabilizers for Refrigerator 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 Voltage Stabilizers for Refrigerator 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 Voltage Stabilizers for Refrigerator Market Size & Forecast, 2020-2028
4.5.1 Voltage Stabilizers for Refrigerator Market Size and Y-o-Y Growth
4.5.2 Voltage Stabilizers for Refrigerator 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
5.2.2 Three Phase
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 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Voltage Stabilizers for Refrigerator 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 Voltage Stabilizers for Refrigerator 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
9.6.2 Three Phase
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 Residential
9.10.2 Commercial
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
10.6.2 Three Phase
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 Residential
10.10.2 Commercial
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
11.6.2 Three Phase
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 Residential
11.10.2 Commercial
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
12.6.2 Three Phase
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 Residential
12.10.2 Commercial
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
13.6.2 Three Phase
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 Residential
13.10.2 Commercial
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 Voltage Stabilizers for Refrigerator Market: Competitive Dashboard
14.2 Global Voltage Stabilizers for Refrigerator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 V-Guard Industries Ltd
14.3.2 Luminous
14.3.3 Livguard
14.3.4 Servokon
14.3.5 Microtek
14.3.6 Giomex
14.3.7 Candes
14.3.8 Zodin
14.3.9 Monitor
14.3.10 Dachi
14.3.11 Keeline
14.3.12 Capri
