According to our (Global Info Research) latest study, the global Power Quality Meter market size was valued at USD 923.5 million in 2023 and is forecast to a readjusted size of USD 1224.7 million by 2030 with a CAGR of 4.1% during review period.
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 Global Info Research report includes an overview of the development of the Power Quality Meter industry chain, the market status of Industrial & Manufacturing (Single Phase, Three Phase), Commercial (Single Phase, Three Phase), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Power Quality Meter.
Regionally, the report analyzes the Power Quality Meter markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Power Quality Meter market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Power Quality Meter market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Power Quality Meter industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Single Phase, Three Phase).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Power Quality Meter market.
Regional Analysis: The report involves examining the Power Quality Meter market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Power Quality Meter market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Power Quality Meter:
Company Analysis: Report covers individual Power Quality Meter manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Power Quality Meter This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial & Manufacturing, Commercial).
Technology Analysis: Report covers specific technologies relevant to Power Quality Meter. It assesses the current state, advancements, and potential future developments in Power Quality Meter areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Power Quality Meter market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Power Quality Meter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Single Phase
Three Phase
Market segment by Application
Industrial & Manufacturing
Commercial
Utilities
Transportation
Others
Major players 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
Xylem Inc
Siemens
Valhalla Scientific
Vitrek
Wasion Group Holding
Yokogawa Test & Measurement
ZHEJIANG YONGTAILONG ELECTRONIC
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Power Quality Meter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Power Quality Meter, with price, sales, revenue and global market share of Power Quality Meter from 2019 to 2024.
Chapter 3, the Power Quality Meter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Power Quality Meter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Power Quality Meter market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Power Quality Meter.
Chapter 14 and 15, to describe Power Quality Meter sales channel, distributors, customers, research findings and conclusion.
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 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Power Quality Meter market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.