Power Quality Meter Market by application (Distribution Panels, Substation Monitoring, Equipment, and others), by End-User (Industrial, Commercial, Utility, Transportation and Others), by Phase and by Region - Global trends & forecasts to 2021

Published: June 2016
No. of Pages: 150
    ReportsandReports

“Power Quality meter market projected to grow at a CAGR of 7.5% from 2016 to 2021”

The power quality meter market is projected to reach USD 1,252.0 million by 2021, growing at a CAGR of 7.5% during the forecast period. Power quality meters playa crucial role in the industrial, manufacturing, and commercial sectors across various applications, including transformers, feeders, motors, motor control centers, and other equipment. The growing need to protect electrical networks and components, investments in renewable power plants, and increasing refurbishment activities in developed economies are expected to drive the global power quality meter market.

“Utility: The fastest growing end-user segment”

Utility is estimated to constitute the fastest growing end-user segment of the power quality meter market. The reason for the same can be attributed to the increasing investments in transmission & distribution infrastructure in developed economies; North America and Europe are investing heavily in upgrading their existing transmission & distribution infrastructure.

“Asia-Pacific: The fastest growing market for power quality meter”

Asia-Pacific is estimated to be the fastest growing market for power quality meters, followed by Europe and North America. China accounted for the largest share in the Asia-Pacific power quality meter market in 2015, and is projected to grow at the highest CAGR after India from 2016 to 2021. This can be attributed to the rising awareness for the supply of the quality power and increasing number of industries and manufacturing facilities in the country. Increasing investments in transmission & distribution infrastructural development, energy-efficiency measures, and renewable projects in the country also play a vital role in boosting the growth for the installation of power quality meters. Government of several countries in the Asia-Pacific region are swiftly making stride toward implementing stricter regimes for the supply of the quality power at the commercial facilities such asIT hubs, banking institutions, and other facilities which would further drive the demand for power quality meters.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, corporate-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1—35%, Tier2—45%, and Tier 3—20%
  • By Designation: CorporateLevel—35%, Director Level—25%, and Others*—40%
  • By Region: Asia-Pacific—32%, the Middle East—30%, North America—19%, Europe—9%, and the Rest of the World—10%

Note: *Others include sales managers, marketing managers, product managers, and design engineers. The tier of the companies has been defined on the basis of their segmental revenues; as of 2015: Tier 1 = > USD 1 billion, Tier 2 = From USD 500 million to USD 1billion, and Tier 3 = < USD 500 million

Leading players in this industry have been profiled, along with their recent developments and other strategic activities. These include ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (U.S.), Eaton Corporation Plc (Ireland), and Schneider Electric SE (France).

Why buy this report?

  • The report identifies and addresses key markets for power quality meter, and is therefore useful for suppliers and OEMs for reviewing production and distribution plans.
  • The report includes an analysis of key countries, by end-users of power quality meter. It analyzes historical trends and provides a forecast for 2021,which would assist in strategic decision making.
  • It presents a competitive landscape of the power quality meter market by analyzing recent market developments such as contracts& agreements, expansions, mergers & acquisitions, and new product launches from key global market players. It helps to understand competitive strategies and plan respective initiatives.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets3488


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • Europe Biogas Power Market Report 2016

    Notes: Sales, means the sales volume of Biogas Power Revenue, means the sales value of Biogas Power This report studies sales (consumption) of Biogas Power in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, fo...

  • Global Electricity Meters Sales Market Report 2016

    Notes: Sales, means the sales volume of Electricity Meters Revenue, means the sales value of Electricity Meters This report studies sales (consumption) of Electricity Meters in Global market, especially in United States, China, Europe, Japan, fo...

  • Europe Wind Energy Market Report 2016

    Notes: Sales, means the sales volume of Wind Energy Revenue, means the sales value of Wind Energy This report studies sales (consumption) of Wind Energy in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focus...

  • Europe Solar PV Back Sheet Market Report 2016

    Notes: Sales, means the sales volume of Solar PV Back Sheet Revenue, means the sales value of Solar PV Back Sheet This report studies sales (consumption) of Solar PV Back Sheet in Europe market, especially in Germany, UK, France, Russia, Italy, ...

  • Europe Next-Generation Advanced Batteries Market Report 2016

    Notes: Sales, means the sales volume of Next-Generation Advanced Batteries Revenue, means the sales value of Next-Generation Advanced Batteries This report studies sales (consumption) of Next-Generation Advanced Batteries in Europe market, espec...

  • United States Proton Exchange Membrane Fuel Cells (PEMFC) Market Report 2016

    Notes: Sales, means the sales volume of Proton Exchange Membrane Fuel Cells(PEMFC) Revenue, means the sales value of Proton Exchange Membrane Fuel Cells(PEMFC) This report studies sales (consumption) of Proton Exchange Membrane Fuel Cells(PEMFC)...

  • Europe Solar Hot Water Heating Equipment Market Report 2016

    Notes: Sales, means the sales volume of Solar Hot Water Heating Equipment Revenue, means the sales value of Solar Hot Water Heating Equipment This report studies sales (consumption) of Solar Hot Water Heating Equipment in Europe market, especial...

  • Europe Poly Crystalline Silicon Cell Market Report 2016

    Notes: Sales, means the sales volume of Poly Crystalline Silicon Cell Revenue, means the sales value of Poly Crystalline Silicon Cell This report studies sales (consumption) of Poly Crystalline Silicon Cell in Europe market, especially in German...

  • Europe CuInSe2-based Solar Cell Market Report 2016

    Notes: Sales, means the sales volume of CuInSe2-based Solar Cell Revenue, means the sales value of CuInSe2-based Solar Cell This report studies sales (consumption) of CuInSe2-based Solar Cell in Europe market, especially in Germany, UK, France, ...

  • Europe CdTe-based Solar Cell Market Report 2016

    Notes: Sales, means the sales volume of CdTe-based Solar Cell Revenue, means the sales value of CdTe-based Solar Cell This report studies sales (consumption) of CdTe-based Solar Cell in Europe market, especially in Germany, UK, France, Russia, I...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: