Power Quality Measurement Equipment Market Size, Share & Trends Analysis Report By Type (Single Phase, Three Phase), By End-use (Commercial, Residential), By Equipment, By Region, And Segment Forecasts, 2024 - 2030

Power Quality Measurement Equipment Market Size, Share & Trends Analysis Report By Type (Single Phase, Three Phase), By End-use (Commercial, Residential), By Equipment, By Region, And Segment Forecasts, 2024 - 2030

Market Size & Trends

The global power quality measurement equipment market size was estimated at USD 35.6 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030. The demand for power quality measurement equipment is experiencing significant growth due to increasing reliance on complex electrical systems and the need for reliable, uninterrupted power supplies across various industries. As utilities strive to optimize energy efficiency, minimize downtime, and comply with stringent regulatory standards, the need for advanced tools to monitor, analyze, and ensure high-quality electrical power has become critical. As a result, the market is expanding, with technological innovations and increasing adoption across industrial, commercial, and residential sectors fueling robust demand.

The demand for power quality measurement equipment is strong for both three-phase and single-phase systems, reflecting their critical roles in modern electrical infrastructure. In three-phase systems, which are predominant in industrial and large commercial applications, the need for precise power quality measurement is driven by the complexity of power distribution and the necessity for balanced loads, efficient operation, and minimal disruptions. Advanced measurement equipment helps in monitoring voltage imbalances, harmonics, and power factor issues, ensuring stable and efficient performance.

For single-phase systems commonly found in residential and smaller commercial settings, the focus is on monitoring and improving power quality to protect sensitive electronic devices and reduce energy wastage. This includes assessing voltage fluctuations, harmonics, and other disturbances that can affect device performance and longevity. As both sectors increasingly prioritize energy efficiency, reliability, and compliance with regulatory standards, the demand for power quality measurement equipment tailored to the needs of three-phase and single-phase systems continues to grow.

Global Power Quality Measurement Equipment Market Report Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global power quality measurement equipment market based on type, end-use, equipment, and region:

• Type Outlook (Revenue, USD Billion, 2018 - 2030)
• Single Phase
• Three Phase
• End-use Outlook (Revenue, USD Billion, 2018 - 2030)
• Industrial & Manufacturing
• Commercial
• Residential
• Transportation
• Utilities
• Equipment Outlook (Revenue, USD Billion, 2018 - 2030)
• Uninterruptible Power Supply
• Static VAR Compensator
• Power Quality Meters
• Regional Outlook (Revenue, USD Billion, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Please note The report will be delivered in 4-8 business days upon order notification.