With further segmentation based on PFC type, PFC material type, component type, and end-user, the research's objective is to estimate the size of the power factor corrector market globally in terms of value and volume. Furthermore, a strategic relationship with a preeminent business that is a top provider of connectivity products and services was proposed to help that business's efforts to lessen its environmental impact globally and to position it to create new opportunities for these PFC devices and reduce climate pollution by 6 gigatons per year by 2030. This collaboration will thus expand our client's power quality business.