The proliferation of digitization trends in the global telecommunications industry will keep fueling the sales of power quality equipment. Over the past decade, losses and transients associated with power transmission have increased. In the years to come, adopting power quality equipment to retain the efficacy of power distribution systems will be considered as a necessary measure. Furthermore, the world will eventually consume a lot more power than it does today, thereby necessitating the employment of power quality equipment. At present, Persistence Market Research has estimated the value of global power quality equipment market at US$ 44,162.3 Mn. The latest research report published by Persistence Market Research predicts that on the grounds of abovementioned drivers, the global market for power quality equipment will have reached US$ 68,757.2 Mn by the end of 2026.