Global Automatic Power Factor Controller Market Size Was Valued at USD 4.36 Billion In 2022 And Is Projected to Reach USD 5.57 Billion By 2030, Growing at A CAGR of 3.1% From 2023 To 2030.
An automatic power factorcontroller project is developed to enhance the power factor automatically whenever the power factor falls below a certain level. As we know demand for electrical energy is rising day by day. More and more inductive loads are being utilized in industry and domestic applications.