Frequently Asked Questions
COVID-19 has significantly impacted the power factor correction devices market. The pandemic has caused problems in the manufacturing, demand, and supply chains for many goods and services, including PFC devices.
North America accounted for the most heightened share in the global power factor correction devices market.
The market for PFC devices is primarily driven by the growing emphasis on energy efficiency and the need to lower energy prices and usage.
The combined power factor correction devices segment had a major share in the global market in 2022.
The application II segment had a major share in the global market.