Innovations in APFC Panel Design and Industry Participation in Global Events

March 10, 2023

• The global APFC panel market is poised for substantial growth:
• Market Size: Expected to reach USD 6.5 billion by 2034, up from USD 4.2 billion in 2024.
• Growth Rate: Projected Compound Annual Growth Rate (CAGR) of 4.4% from 2025 to 2034.
• This growth is fueled by increasing energy demands and a heightened focus on energy efficiency across industries.
• Modern APFC panels are integrating advanced features to enhance functionality:
• Smart Technology: Incorporation of IoT-enabled systems for remote monitoring and control.
• Improved Power Quality: Enhanced voltage stability and reduced power losses.
• Sustainability: Contribution to long-term energy conservation goals.
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• These advancements are making APFC panels more efficient and user-friendly, aligning with global sustainability objectives.