Power quality is measured according to the quality with which it is delivered to the end customers; power quality is deemed as high when it has clean sinusoidal waveforms without any spikes, sags, and other electrical disturbances. It should also be free from transients, harmonics, and other such distortions. Over the years, with the advances in technologies and equipment, power quality has become a major issue for power providers and their customers.
Based on end-user, the industrial & manufacturing segment recorded the largest market size in 2017. Globally, industrial and manufacturing activities contribute approximately 30% of the economy. Consequently, reliable, efficient, and uninterrupted power supply becomes the inevitable requirement for the industrial facilities, nowadays. Any kind of power interruption or outages can affect crucial industrial operations and can result in huge losses. Developed economies in North America and Europe are facing the heat for the poor power quality and are investing huge amounts to curb the same.
The Asia-Pacific power quality meter market is estimated to have the highest growth rate, owing to the increased urbanization & industrialization, which propel the demand for power quality meters. China dominated the global power quality meter market in 2017, on the account of extensive upgradation of electrical infrastructure and installation of new transmission & distribution lines. China and India are estimated to be the fastest growing markets for power quality meters in the region from 2018 to 2023. The figure given below indicates the market size of various regions by 2023, with their respective CAGRs during the forecast period.
In 2019, the market size of Power Quality Meter is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Power Quality Meter.
This report studies the global market size of Power Quality Meter, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Power Quality Meter production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ABB
Eaton
Electro Industries/GaugeTech
GE
Schneider Electric
Accuenergy
B&K Precision
Danaher
Dranetz Technologies
Emerson
FLIR Systems
Fluke Corporation
HIOKI E.E. CORPORATION
Honeywell International
Itron
Keysight Technologies
Megger
Sensus
Siemens
Valhalla Scientific
Vitrek
Wasion Group Holding
Yokogawa Test & Measurement
ZHEJIANG YONGTAILONG ELECTRONIC
Market Segment by Product Type
Single Phase
Three Phase
Market Segment by Application
Industrial & Manufacturing
Commercial
Utilities
Transportation
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Power Quality Meter status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Power Quality Meter manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Power Quality Meter are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Power Quality Meter. Industry analysis & Market Report on Power Quality Meter is a syndicated market report, published as Global (United States, European Union and China) Power Quality Meter Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Power Quality Meter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.