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.
The global Power Quality Meter market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Power Quality Meter volume and value at global level, regional level and company level. From a global perspective, this report represents overall Power Quality Meter market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Power Quality Meter in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Power Quality Meter manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Single Phase
Three Phase
Segment by Application
Industrial & Manufacturing
Commercial
Utilities
Transportation
Others
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 Power Quality Meter Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Power Quality Meter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.