Global and United States Conservation Voltage Reduction Market Report & Forecast 2022-2028

Conservation voltage reduction (CVR) enables electric distribution utilities to achieve a significant reduction in energy and peak demand at little or no cost, and without impacting customers through load shedding or equipment investments. 
Market Analysis and Insights: Global and United States Conservation Voltage Reduction Market
This report focuses on global and United States Conservation Voltage Reduction market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Conservation Voltage Reduction market size is estimated to be worth US$ 530.6 million in 2022 and is forecast to a readjusted size of US$ 2940.5 million by 2028 with a CAGR of 33.0% during the review period. Fully considering the economic change by this health crisis, by Type, Substation Voltage Regulation accounting for % of the Conservation Voltage Reduction global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Small- to Medium-Sized Distribution Co-ops was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Conservation Voltage Reduction market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Conservation Voltage Reduction Scope and Market Size
Conservation Voltage Reduction market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Conservation Voltage Reduction market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Conservation Voltage Reduction market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Substation Voltage Regulation
Substation SCADA Equipment
Automated/Switched Secondary Capacitor Banks
Line Sensors
Volt Metering Sets
Automated Line Regulators
Segment by Application
Small- to Medium-Sized Distribution Co-ops
Government
Large Investor-Owned Utilities
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
ABB
Open Access Technology International
Applied Energy Group
S&C Electric
Exelon
Legend Power Systems
Nighthawk
Beckwith Electric
GRID20/20
NorthWestern Energy
Sensus
OATI