Global Power Quality Meter Market Research Report 2023(Status and Outlook)

Global Power Quality Meter Market Research Report 2023(Status and Outlook)

Report Overview

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 Power Quality Meter Market Size was estimated at USD 897.50 million in 2022 and is projected to reach USD 1205.10 million by 2029, exhibiting a CAGR of 4.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Power Quality Meter market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Power Quality Meter Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Power Quality Meter market in any manner.

Global Power Quality Meter Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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 Segmentation (by Type)

Single Phase

Three Phase

Market Segmentation (by Application)

Automobiles Manufacturing

Construction Machinery

Aircrafts

Ships

Agricultural Machinery

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Power Quality Meter Market

Overview of the regional outlook of the Power Quality Meter Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors