查看购物车
  • Traditional Chinese
  • English
  • Japanese
封面
市场调查报告书
商品编码
1485773

功率因数校正系统市场，按类型、材料、方法、应用、国家和地区 - 2024-2032 年行业分析、市场规模、市场份额和预测

Power Factor Correction Systems Market, By Type, By Material, By Approach, By Application, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
出版日期: | 出版商: AnalystView Market Insights | 英文 260 Pages | 商品交期: 2-3个工作天内

价格

报告要点

2023 年功率因数校正系统市场规模为 28.4293 亿美元，2024 年至 2032 年复合年增长率为 6.92%。

功率因数校正系统市场-市场动态

对节能解决方案的兴趣日益浓厚

根据组织和政府消息人士报导，人们对节能解决方案日益增长的兴趣日益推动功率因数校正系统的采用。根据 IEA 的一项研究，能源效率措施可以实现实现全球气候目标所需的 40% 以上的减排量。此外，美国能源部 (DOE) 强调功率因数校正系统在提高能源效率方面的重要性，并表示这些系统可减少高达 20% 的能源消耗。此外，欧盟 (EU) 也实施了提高能源效率的指令和法规，推动了功率因数校正系统在各行业的采用。对能源效率的日益关注预计将在未来几年继续推动功率因数校正系统的使用。

功率因数校正系统市场 - 主要见解

根据我们的研究分析师分享的分析，预计全球市场在预测期内（2024-2032 年）每年将以 6.92% 左右的复合年增长率成长

根据类型细分，预计自动 P​​FC 将在 2023 年显示出最大的市场份额

从材料细分来看，2023年硅基将是主导类型

从方式细分来看，2023年集中式是主导类型

按地区划分，北美是 2023 年的主要收入来源

功率因数校正系统市场区隔分析：

全球功率因数校正系统市场根据类型、材料、方法、应用和区域进行细分。

市场根据类型分为三类： 主动功率因数校正（PFC）系统透过注入无功功率、降低消耗和提高能源效率来主动调整功率因数。被动系统使用电容器和电感器等组件，透过吸收或提供无功功率来校正功率因数。即时先进的动态 PFC 可根据负载变化和功率需求调整校正。

根据材料，市场分为四类： 硅基 PFC 系统利用高效率的硅基半导体装置进行电压调节。基于碳化硅的系统整合了 SiC 半导体装置，可耐受高温并提高效率。氮化镓基 PFC 采用 GaN 半导体元件来实现高速运转并提高功率密度。 PFC 装置包含电容器、电感器和半导体装置等各种组件，以提高电能品质和效率。

功率因数校正系统市场 - 地理洞察

从地理来看，该市场广泛分布于北美、拉丁美洲、欧洲、亚太、中东和非洲地区。这些区域根据开展业务的国家进一步划分。

在北美，严格的能源效率法规和不断发展的工业化正在推动功率因数校正系统的采用。由于注重永续性和再生能源整合，欧洲在部署这些系统方面取得了显着成长，特别是在德国和英国等国家。在亚太地区，快速的工业化、都市化和政府改善电能品质的措施有助于市场扩张，其中中国、日本和印度等国家处于领先地位。同时，由于基础设施的发展和电力消耗的增加，中东和非洲地区对功率因数校正系统的需求激增。在基础设施和工业项目投资增加的推动下，拉丁美洲也提供了成长机会。

功率因数校正系统市场-竞争格局：

ABB Ltd.、施耐德电机 SE 和伊顿公司等老牌公司凭藉其广泛的产品组合、全球影响力和战略合作伙伴关係在市场上占据主导地位。这些企业专注于产品创新、研发投资和併购，以保持竞争优势。此外，包括西门子股份公司、通用电气公司和 Crompton Greaves Consumer Electricals Limited 在内的新兴公司透过提供针对特定客户需求的创新解决方案以及透过合作和联盟扩大市场覆盖范围而获得了关注。竞争格局的另一个特点是存在专门从事利基细分市场或提供颠覆性技术的区域参与者和新创公司，从而促进市场多样性并促进良性竞争。

最近的发展：

2021年3月，施耐德电机推出了专为低电压应用量身订製的AccuSine PCSn主动式谐波滤波器。这项创新解决方案旨在帮助客户提高电能品质、最大限度地减少能源浪费并降低营运费用。

2021年5月，ABB推出PQF800-T无功补偿模组，计画提高工业和商业环境的电能品质并降低能耗。

目录

第 1 章：功率因数校正系统市场概述

  • 研究范围
  • 市场预估年份

第 2 章：执行摘要

  • 市场片段
    • 功率因数校正系统市场片段（按类型）
    • 功率因数校正系统市场片段（按材料）
    • 功率因数校正系统市场摘要（依方法）
    • 功率因数校正系统市场片段（依应用）
    • 功率因数校正系统市场片段（按国家/地区）
    • 按地区分類的功率因数校正系统市场片段
  • 竞争洞察

第 3 章：功率因数校正系统主要市场趋势

  • 功率因数校正系统市场驱动因素
    • 市场驱动因素的影响分析
  • 功率因数校正系统市场限制
    • 市场限制影响分析
  • 功率因数校正系统的市场机会
  • 功率因数校正系统市场未来趋势

第 4 章：功率因数校正系统产业研究

  • PEST分析
  • 波特五力分析
  • 成长前景图
  • 规范架构分析

第 5 章：功率因数校正系统市场：COVID-19 影响分析

  • COVID-19 之前的影响分析
  • COVID-19 后影响分析
    • 表现最佳的市场区隔
    • 边际增长部分
    • 最鬆散的部分
    • 边际损失部分

第 6 章：功率因数校正系统市场格局

  • 2023 年功率因数校正系统市占率分析
  • 按主要製造商分類的故障数据
    • 既定玩家分析
    • 新兴玩家分析

第 7 章：功率因数校正系统市场 - 按类型

  • 概述
    • 按类型分類的细分市场占有率分析
    • 积极的
    • 被动的
    • 动态功率因数校正

第 8 章：功率因数校正系统市场 - 按材料

  • 概述
    • 按材料分類的细分市场份额分析
    • 硅基
    • 碳化硅基
    • 氮化镓基
    • PFC 装置

第 9 章：功率因数校正系统市场 - 按方法

  • 概述
    • 按方法分類的细分市场占有率分析
    • 分散式
    • 团体
    • 集中
    • 组合
    • 自动功率因数校正

第 10 章：功率因数校正系统市场 - 按应用

  • 概述
    • 按材料分類的细分市场份额分析
    • 住宅
    • 工业的
    • 商业的

第 11 章：功率因数校正系统市场 - 依地理位置

  • 介绍
    • 按地理位置分類的细分市场占有率分析
  • 北美洲
    • 概述
    • 功率因数校正系统北美主要製造商
    • 北美市场规模和预测（按国家）
    • 北美市场规模和预测（按类型）
    • 北美市场规模和预测（按材料）
    • 北美市场规模和预测（按方法）
    • 北美市场规模和预测（按应用）
    • 我们
    • 加拿大
  • 欧洲
    • 概述
    • 欧洲功率因数校正系统主要製造商
    • 欧洲市场规模和预测（按国家）
    • 欧洲市场规模与预测（按类型）
    • 欧洲市场规模和预测（按材料）
    • 欧洲市场规模与预测（按方法）
    • 欧洲市场规模和预测（按应用）
    • 德国
    • 义大利
    • 英国
    • 法国
    • 俄罗斯
    • 荷兰
    • 瑞典
    • 波兰
    • 欧洲其他地区
  • 亚太地区 (APAC)
    • 概述
    • 亚太地区功率因数校正系统主要製造商
    • 亚太地区市场规模与预测（按国家）
    • 亚太地区市场规模与预测（按类型）
    • 亚太地区市场规模与预测（按材料）
    • 亚太地区市场规模与预测（依方法）
    • 亚太地区市场规模与预测（按应用）
    • 印度
    • 中国
    • 日本
    • 韩国
    • 澳洲
    • 泰国
    • 印尼
    • 菲律宾
    • 亚太地区其他地区
  • 拉丁美洲
    • 概述
    • 拉丁美洲功率因数校正系统主要製造商
    • 拉丁美洲市场规模与预测（按国家）
    • 拉丁美洲市场规模与预测（按类型）
    • 拉丁美洲市场规模与预测（按材料）
    • 拉丁美洲市场规模与预测（按方法）
    • 拉丁美洲市场规模与预测（按应用）
    • 巴西
    • 墨西哥
    • 阿根廷
    • 哥伦比亚
    • 拉丁美洲其他地区
  • 中东和非洲
    • 概述
    • 功率因数校正系统中东和非洲主要製造商
    • 中东和非洲市场规模及预测（按国家）
    • 中东和非洲市场规模及预测（按类型）
    • 中东和非洲市场规模及预测（按材料）
    • 中东和非洲市场规模及预测（依方法）
    • 中东和非洲市场规模及预测（按应用）
    • 沙乌地阿拉伯
    • 阿拉伯聯合大公国
    • 以色列
    • 土耳其
    • 阿尔及利亚
    • 埃及
    • MEA 的其余部分

第 12 章：主要供应商分析 - 功率因数校正系统产业

  • 竞争仪表板
  • 公司简介
    • ABB Ltd.
    • Advanced Power Technology Inc.
    • Crompton Greaves Ltd.
    • Delta Electronics, Inc.
    • Eaton Corporation
    • Emerson Electric Co.
    • Fuji Electric Co., Ltd.
    • General Electric Company
    • Lars Magnus Ericsson Power Electronics AB
    • Larsen & Toubro Limited
    • Mitsubishi Electric Corporation
    • Power Efficiency Corporation
    • Rockwell Automation, Inc.
    • Schneider Electric SE
    • Siemens AG
    • ZEZ SILKO, sro
    • Others

第 13 章：360 度分析师视角

第 14 章：附录

  • 研究方法论
  • 参考
  • 缩写
  • 免责声明
  • 联络我们
Product Code: ANV2671

REPORT HIGHLIGHT

Power Factor Correction Systems Market size was valued at USD 2,842.93 Million in 2023, expanding at a CAGR of 6.92% from 2024 to 2032.

The Power Factor Correction Systems Market involves the implementation of devices and equipment to improve the power factor in electrical systems, enhancing efficiency and reducing energy consumption. Driving factors in the market include the adoption of advanced capacitor banks and static VAR compensators for more precise power factor correction and voltage control. However, challenges such as high initial investment costs and limited awareness among end-users restrain market growth. Opportunities lie in the increasing focus on energy efficiency and sustainability, driving the demand for power factor correction solutions across industries and sectors.

Power Factor Correction Systems Market- Market Dynamics

Rising interest in energy-efficient solutions

The growing interest in energy-efficient solutions is increasingly driving the adoption of power factor correction systems, as reported by organizations and government sources. According to a study by the IEA, power efficiency measures could deliver over 40% of the emission reductions needed to meet worldwide climate goals. Additionally, the U.S. Department of Energy (DOE) emphasizes the importance of power factor correction systems in improving energy efficiency, citing that these systems can reduce energy consumption by up to 20%. Moreover, the European Union (EU) has implemented directives and regulations to promote energy efficiency, driving the adoption of power factor correction systems across industries. This growing focus on energy efficiency is expected to continue driving the utilization of power factor correction systems in the coming years.

Power Factor Correction Systems Market- Key Insights

As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.92% over the forecast period (2024-2032)

Based on Type segmentation, Automatic PFC was predicted to show maximum market share in the year 2023

Based on Material segmentation, Silicon-based was the leading type in 2023

Based on Approach segmentation, centralized was the leading type in 2023

On the basis of region, North America was the leading revenue generator in 2023

Power Factor Correction Systems Market- Segmentation Analysis:

The Global Power Factor Correction Systems Market is segmented on the basis of Type, Material, Approach, Application, and Region.

The market is divided into three categories based on Type: Active power factor correction (PFC) systems actively adjust power factors by injecting reactive power, reducing consumption, and enhancing energy efficiency. Passive systems, using components like capacitors and inductors, correct power factors by absorbing or supplying reactive power. Dynamic PFC, advanced in real-time, adjusts correction based on load variations and power needs.

The market is divided into four categories based on Material: Silicon-based PFC systems utilize efficient silicon-based semiconductor devices for voltage regulation. Silicon Carbide-based systems integrate SiC semiconductor devices for high-temperature tolerance and improved efficiency. Gallium Nitride-based PFCs employ GaN semiconductor devices for high-speed operation and enhanced power density. PFC Devices encompass various components like capacitors, inductors, and semiconductor devices to improve power quality and efficiency.

Power Factor Correction Systems Market- Geographical Insights

Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.

In North America, stringent energy efficiency regulations and increasing industrialization are driving the adoption of power factor correction systems. With its focus on sustainability and renewable energy integration, Europe witnesses significant growth in deploying these systems, particularly in countries like Germany and the UK. In the Asia Pacific region, rapid industrialization, urbanization, and government initiatives to improve power quality contribute to market expansion, with countries like China, Japan, and India leading the way. Meanwhile, the Middle East and Africa region are experiencing a surge in demand for power factor correction systems due to infrastructure development and rising electricity consumption. Latin America also presents growth opportunities, driven by increasing investments in infrastructure and industrial projects.

Power Factor Correction Systems Market- Competitive Landscape:

Established companies such as ABB Ltd., Schneider Electric SE, and Eaton Corporation plc dominate the market with their extensive product portfolios, global presence, and strategic partnerships. These players focus on product innovation, R&D investments, and mergers and acquisitions to maintain their competitive edge. Additionally, emerging companies including Siemens AG, General Electric Company, and Crompton Greaves Consumer Electricals Limited are gaining traction by offering innovative solutions tailored to specific customer needs and expanding their market reach through collaborations and alliances. The competitive landscape is further characterized by the presence of regional players and startups that specialize in niche segments or offer disruptive technologies, contributing to market diversity and fostering healthy competition.

Recent Developments:

In March 2021, Schneider Electric launched the AccuSine PCSn active harmonic filter tailored for low-voltage applications. This innovative solution aims to assist clients in enhancing power quality, minimizing energy wastage, and cutting down operational expenses.

In May 2021, ABB introduced the PQF800-T reactive power compensation module, planned to enhance power quality and decrease energy consumption in industrial and commercial settings.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL POWER FACTOR CORRECTION SYSTEMS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

ABB Ltd.

Advanced Power Technology Inc.

Crompton Greaves Ltd.

Delta Electronics, Inc.

Eaton Corporation

Emerson Electric Co.

Fuji Electric Co., Ltd.

General Electric Company

Lars Magnus Ericsson Power Electronics AB

Larsen & Toubro Limited

Mitsubishi Electric Corporation

Power Efficiency Corporation

Rockwell Automation, Inc.

Schneider Electric SE

Siemens AG

ZEZ SILKO, s.r.o.

Others

GLOBAL POWER FACTOR CORRECTION SYSTEMS MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032

  • Active
  • Passive
  • Dynamic PFC

GLOBAL POWER FACTOR CORRECTION SYSTEMS MARKET, BY MATERIAL- MARKET ANALYSIS, 2019 - 2032

  • Silicon-based
  • Silicon Carbide-based
  • Gallium Nitride-based
  • PFC Devices

GLOBAL POWER FACTOR CORRECTION SYSTEMS MARKET, BY APPROACH- MARKET ANALYSIS, 2019 - 2032

  • Distributed
  • Group
  • Centralized
  • Combined
  • Automatic PFC

GLOBAL POWER FACTOR CORRECTION SYSTEMS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

  • Residential
  • Industrial
  • Commercial

GLOBAL POWER FACTOR CORRECTION SYSTEMS MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

  • North America
  • The U.S.
  • Canada
  • Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Russia
  • Netherlands
  • Sweden
  • Poland
  • Rest of Europe
  • Asia Pacific
  • India
  • China
  • South Korea
  • Japan
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of APAC
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Rest of LATAM
  • The Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Israel
  • Turkey
  • Algeria
  • Egypt
  • Rest of MEA

Table of Contents

1.Power Factor Correction Systems Market Overview

  • 1.1.Study Scope
  • 1.2.Market Estimation Years

2.Executive Summary

  • 2.1.Market Snippet
    • 2.1.1.Power Factor Correction Systems Market Snippet by Type
    • 2.1.2.Power Factor Correction Systems Market Snippet by Material
    • 2.1.3.Power Factor Correction Systems Market Snippet by Approach
    • 2.1.4.Power Factor Correction Systems Market Snippet by Application
    • 2.1.5.Power Factor Correction Systems Market Snippet by Country
    • 2.1.6.Power Factor Correction Systems Market Snippet by Region
  • 2.2.Competitive Insights

3.Power Factor Correction Systems Key Market Trends

  • 3.1.Power Factor Correction Systems Market Drivers
    • 3.1.1.Impact Analysis of Market Drivers
  • 3.2.Power Factor Correction Systems Market Restraints
    • 3.2.1.Impact Analysis of Market Restraints
  • 3.3.Power Factor Correction Systems Market Opportunities
  • 3.4.Power Factor Correction Systems Market Future Trends

4.Power Factor Correction Systems Industry Study

  • 4.1.PEST Analysis
  • 4.2.Porter's Five Forces Analysis
  • 4.3.Growth Prospect Mapping
  • 4.4.Regulatory Framework Analysis

5.Power Factor Correction Systems Market: COVID-19 Impact Analysis

  • 5.1.Pre-COVID-19 Impact Analysis
  • 5.2.Post-COVID-19 Impact Analysis
    • 5.2.1.Top Performing Segments
    • 5.2.2.Marginal Growth Segments
    • 5.2.3.Top Looser Segments
    • 5.2.4.Marginal Loss Segments

6.Power Factor Correction Systems Market Landscape

  • 6.1.Power Factor Correction Systems Market Share Analysis, 2023
  • 6.2.Breakdown Data, by Key Manufacturer
    • 6.2.1.Established Players' Analysis
    • 6.2.2.Emerging Players' Analysis

7.Power Factor Correction Systems Market - By Type

  • 7.1.Overview
    • 7.1.1.Segment Share Analysis, By Type, 2023 & 2032 (%)
    • 7.1.2.Active
    • 7.1.3.Passive
    • 7.1.4.Dynamic PFC

8.Power Factor Correction Systems Market - By Material

  • 8.1.Overview
    • 8.1.1.Segment Share Analysis, By Material, 2023 & 2032 (%)
    • 8.1.2.Silicon-based
    • 8.1.3.Silicon Carbide-based
    • 8.1.4.Gallium Nitride-based
    • 8.1.5.PFC Devices

9.Power Factor Correction Systems Market - By Approach

  • 9.1.Overview
    • 9.1.1.Segment Share Analysis, By Approach, 2023 & 2032 (%)
    • 9.1.2.Distributed
    • 9.1.3.Group
    • 9.1.4.Centralized
    • 9.1.5.Combined
    • 9.1.6.Automatic PFC

10.Power Factor Correction Systems Market - By Application

  • 10.1.Overview
    • 10.1.1.Segment Share Analysis, By Material, 2023 & 2032 (%)
    • 10.1.2.Residential
    • 10.1.3.Industrial
    • 10.1.4.Commercial

11.Power Factor Correction Systems Market- By Geography

  • 11.1.Introduction
    • 11.1.1.Segment Share Analysis, By Geography, 2023 & 2032 (%)
  • 11.2.North America
    • 11.2.1.Overview
    • 11.2.2.Power Factor Correction Systems Key Manufacturers in North America
    • 11.2.3.North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 11.2.4.North America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
    • 11.2.5.North America Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
    • 11.2.6.North America Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
    • 11.2.7.North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.2.8.U.S.
      • 11.2.8.1.Overview
      • 11.2.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.2.8.3.U.S. Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.2.8.4.U.S. Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.2.8.5.U.S. Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.2.8.6.U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.2.9.Canada
      • 11.2.9.1.Overview
      • 11.2.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.2.9.3.Canada Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.2.9.4.Canada Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.2.9.5.Canada Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.2.9.6.Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.3.Europe
    • 11.3.1.Overview
    • 11.3.2.Power Factor Correction Systems Key Manufacturers in Europe
    • 11.3.3.Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 11.3.4.Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
    • 11.3.5.Europe Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
    • 11.3.6.Europe Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
    • 11.3.7.Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.8.Germany
      • 11.3.8.1.Overview
      • 11.3.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.8.3.Germany Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.8.4.Germany Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.8.5.Germany Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.8.6.Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.9.Italy
      • 11.3.9.1.Overview
      • 11.3.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.9.3.Italy Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.9.4.Italy Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.9.5.Italy Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.9.6.Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.10.United Kingdom
      • 11.3.10.1.Overview
      • 11.3.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.10.3.United Kingdom Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.10.4.United Kingdom Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.10.5.United Kingdom Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.10.6.United Kingdom Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.11.France
      • 11.3.11.1.Overview
      • 11.3.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.11.3.France Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.11.4.France Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.11.5.France Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.11.6.France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.12.Russia
      • 11.3.12.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.12.2.Russia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.12.3.Russia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.12.4.Russia Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.12.5.Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.13.Netherlands
      • 11.3.13.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.13.2.Netherlands Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.13.3.Netherlands Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.13.4.Netherlands Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.13.5.Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.14.Sweden
      • 11.3.14.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.14.2.Sweden Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.14.3.Sweden Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.14.4.Sweden Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.14.5.Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.15.Poland
      • 11.3.15.1.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.15.2.Poland Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.15.3.Poland Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.15.4.Poland Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.15.5.Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.16.Rest of Europe
      • 11.3.16.1.Overview
      • 11.3.16.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.3.16.3.Rest of the Europe Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.3.16.4.Rest of the Europe Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.3.16.5.Rest of the Europe Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.3.16.6.Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.4.Asia Pacific (APAC)
    • 11.4.1.Overview
    • 11.4.2.Power Factor Correction Systems Key Manufacturers in Asia Pacific
    • 11.4.3.Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 11.4.4.Asia Pacific Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
    • 11.4.5.Asia Pacific Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
    • 11.4.6.Asia Pacific Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
    • 11.4.7.Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.8.India
      • 11.4.8.1.Overview
      • 11.4.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.8.3.India Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.8.4.India Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.8.5.India Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.8.6.India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.9.China
      • 11.4.9.1.Overview
      • 11.4.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.9.3.China Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.9.4.China Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.9.5.China Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.9.6.China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.10.Japan
      • 11.4.10.1.Overview
      • 11.4.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.10.3.Japan Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.10.4.Japan Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.10.5.Japan Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.10.6.Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.11.South Korea
      • 11.4.11.1.Overview
      • 11.4.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.11.3.South Korea Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.11.4.South Korea Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.11.5.South Korea Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.11.6.South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.12.Australia
      • 11.4.12.1.Overview
      • 11.4.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.12.3.Australia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.12.4.Australia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.12.5.Australia Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.12.6.Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.13.Thailand
      • 11.4.13.1.Overview
      • 11.4.13.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.13.3.Thailand Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.13.4.Thailand Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.13.5.Thailand Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.13.6.Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.14.Indonesia
      • 11.4.14.1.Overview
      • 11.4.14.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.14.3.Indonesia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.14.4.Indonesia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.14.5.Indonesia Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.14.6.Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.15.Philippines
      • 11.4.15.1.Overview
      • 11.4.15.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.15.3.Philippines Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.15.4.Philippines Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.15.5.Philippines Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.15.6.Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.16.Rest of APAC
      • 11.4.16.1.Overview
      • 11.4.16.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.4.16.3.Rest of APAC Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.4.16.4.Rest of APAC Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.4.16.5.Rest of APAC Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.4.16.6.Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.5.Latin America
    • 11.5.1.Overview
    • 11.5.2.Power Factor Correction Systems Key Manufacturers in Latin America
    • 11.5.3.Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 11.5.4.Latin America Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
    • 11.5.5.Latin America Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
    • 11.5.6.Latin America Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
    • 11.5.7.Latin America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.8.Brazil
      • 11.5.8.1.Overview
      • 11.5.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.5.8.3.Brazil Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.5.8.4.Brazil Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.5.8.5.Brazil Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.5.8.6.Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.9.Mexico
      • 11.5.9.1.Overview
      • 11.5.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.5.9.3.Mexico Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.5.9.4.Mexico Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.5.9.5.Mexico Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.5.9.6.Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.10.Argentina
      • 11.5.10.1.Overview
      • 11.5.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.5.10.3.Argentina Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.5.10.4.Argentina Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.5.10.5.Argentina Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.5.10.6.Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.11.Colombia
      • 11.5.11.1.Overview
      • 11.5.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.5.11.3.Colombia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.5.11.4.Colombia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.5.11.5.Colombia Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.5.11.6.Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.12.Rest of LATAM
      • 11.5.12.1.Overview
      • 11.5.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.5.12.3.Rest of LATAM Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.5.12.4.Rest of LATAM Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.5.12.5.Rest of LATAM Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.5.12.6.Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.6.Middle East and Africa
    • 11.6.1.Overview
    • 11.6.2.Power Factor Correction Systems Key Manufacturers in Middle East and Africa
    • 11.6.3.Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
    • 11.6.4.Middle East and Africa Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
    • 11.6.5.Middle East and Africa Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
    • 11.6.6.Middle East and Africa Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
    • 11.6.7.Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.8.Saudi Arabia
      • 11.6.8.1.Overview
      • 11.6.8.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.8.3.Saudi Arabia Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.8.4.Saudi Arabia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.8.5.Saudi Arabia Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.8.6.Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.9.United Arab Emirates
      • 11.6.9.1.Overview
      • 11.6.9.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.9.3.United Arab Emirates Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.9.4.United Arab Emirates Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.9.5.United Arab Emirates Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.9.6.United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.10.Israel
      • 11.6.10.1.Overview
      • 11.6.10.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.10.3.Israel Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.10.4.Israel Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.10.5.Israel Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.10.6.Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.11.Turkey
      • 11.6.11.1.Overview
      • 11.6.11.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.11.3.Turkey Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.11.4.Turkey Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.11.5.Turkey Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.11.6.Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.12.Algeria
      • 11.6.12.1.Overview
      • 11.6.12.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.12.3.Algeria Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.12.4.Algeria Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.12.5.Algeria Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.12.6.Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.13.Egypt
      • 11.6.13.1.Overview
      • 11.6.13.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.13.3.Egypt Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.13.4.Egypt Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.13.5.Egypt Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.13.6.Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.14.Rest of MEA
      • 11.6.14.1.Overview
      • 11.6.14.2.Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
      • 11.6.14.3.Rest of MEA Market Size and Forecast, By Type, 2019 - 2032 (US$ Million)
      • 11.6.14.4.Rest of MEA Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
      • 11.6.14.5.Rest of MEA Market Size and Forecast, By Approach, 2019 - 2032 (US$ Million)
      • 11.6.14.6.Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)

12.Key Vendor Analysis- Power Factor Correction Systems Industry

  • 12.1.Competitive Dashboard
  • 12.2.Company Profiles
    • 12.2.1.ABB Ltd.
    • 12.2.2.Advanced Power Technology Inc.
    • 12.2.3.Crompton Greaves Ltd.
    • 12.2.4.Delta Electronics, Inc.
    • 12.2.5.Eaton Corporation
    • 12.2.6.Emerson Electric Co.
    • 12.2.7.Fuji Electric Co., Ltd.
    • 12.2.8.General Electric Company
    • 12.2.9.Lars Magnus Ericsson Power Electronics AB
    • 12.2.10.Larsen & Toubro Limited
    • 12.2.11.Mitsubishi Electric Corporation
    • 12.2.12.Power Efficiency Corporation
    • 12.2.13.Rockwell Automation, Inc.
    • 12.2.14.Schneider Electric SE
    • 12.2.15.Siemens AG
    • 12.2.16.ZEZ SILKO, s.r.o.
    • 12.2.17.Others

13.360 Degree Analyst View

14.Appendix

  • 14.1.Research Methodology
  • 14.2.References
  • 14.3.Abbreviations
  • 14.4.Disclaimer
  • 14.5.Contact Us

List of Tables

  • TABLE List of data sources
  • TABLE Market drivers; Impact Analysis
  • TABLE Market restraints; Impact Analysis
  • TABLE Power Factor Correction Systems Market: Type Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Type
  • TABLE Global Power Factor Correction Systems Market, by Type 2019-2032 (USD Million)
  • TABLE Power Factor Correction Systems Market: Material Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Material
  • TABLE Global Power Factor Correction Systems Market, by Material 2019-2032 (USD Million)
  • TABLE Power Factor Correction Systems Market: Approach Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Approach
  • TABLE Global Power Factor Correction Systems Market, by Approach 2019-2032 (USD Million)
  • TABLE Power Factor Correction Systems Market: Application Snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Application
  • TABLE Global Power Factor Correction Systems Market, by Application 2019-2032 (USD Million)
  • TABLE Power Factor Correction Systems Market: Regional snapshot (2023)
  • TABLE Segment Dashboard; Definition and Scope, by Region
  • TABLE Global Power Factor Correction Systems Market, by Region 2019-2032 (USD Million)
  • TABLE North America Power Factor Correction Systems Market, by Country, 2019-2032 (USD Million)
  • TABLE North America Power Factor Correction Systems Market, by Type, 2019-2032 (USD Million)
  • TABLE North America Power Factor Correction Systems Market, by Material, 2019-2032 (USD Million)
  • TABLE North America Power Factor Correction Systems Market, by Approach, 2019-2032 (USD Million)
  • TABLE North America Power Factor Correction Systems Market, by Application, 2019-2032 (USD Million)
  • TABLE Europe Power Factor Correction Systems Market, by Country, 2019-2032 (USD Million)
  • TABLE Europe Power Factor Correction Systems Market, by Type, 2019-2032 (USD Million)
  • TABLE Europe Power Factor Correction Systems Market, by Material, 2019-2032 (USD Million)
  • TABLE Europe Power Factor Correction Systems Market, by Approach, 2019-2032 (USD Million)
  • TABLE Europe Power Factor Correction Systems Market, by Application, 2019-2032 (USD Million)
  • TABLE Asia Pacific Power Factor Correction Systems Market, by Country, 2019-2032 (USD Million)
  • TABLE Asia Pacific Power Factor Correction Systems Market, by Type, 2019-2032 (USD Million)
  • TABLE Asia Pacific Power Factor Correction Systems Market, by Material, 2019-2032 (USD Million)
  • TABLE Asia Pacific Power Factor Correction Systems Market, by Approach, 2019-2032 (USD Million)
  • TABLE Asia Pacific Power Factor Correction Systems Market, by Application, 2019-2032 (USD Million)
  • TABLE Latin America Power Factor Correction Systems Market, by Country, 2019-2032 (USD Million)
  • TABLE Latin America Power Factor Correction Systems Market, by Type, 2019-2032 (USD Million)
  • TABLE Latin America Power Factor Correction Systems Market, by Material, 2019-2032 (USD Million)
  • TABLE Latin America Power Factor Correction Systems Market, by Approach, 2019-2032 (USD Million)
  • TABLE Latin America Power Factor Correction Systems Market, by Application, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Power Factor Correction Systems Market, by Country, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Power Factor Correction Systems Market, by Type, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Power Factor Correction Systems Market, by Material, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Power Factor Correction Systems Market, by Approach, 2019-2032 (USD Million)
  • TABLE Middle East and Africa Power Factor Correction Systems Market, by Application, 2019-2032 (USD Million)