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Power Monitoring Market

Power Monitoring - Global Market Outlook (2018-2027)

4.8 (31 reviews)
Published: January 2020 ID: SMRC18749
4.8 (31 reviews)
Published: January 2020 ID: SMRC18749

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Power Monitoring Market is accounted for $3.56 billion in 2018 and is expected to reach $6.60 billion by 2027 growing at a CAGR of 7.1%. Rising focus on effective utilization of power resources, increasing attention to reducing energy cost. However, higher costs of high-end monitoring devices are likely to hamper the profit boundaries.

Power monitoring is a network of meters connected to a power system in order to provide real-time data. All electrical equipment in a facility are connected to meters. Power monitoring system performs  several functions such as increase facility uptime, improve response to power related issues, verify reliable power equipment operation,  improve power quality, enhance the lifespan of highly advanced equipment,  prevent conductors from overheating, protect and control the network, reduce peak demand power factor penalties,  and ensure energy contract compliance. It allows to create a proactive approach to energy management.  Effective use of power monitoring system depends on selecting correct meters to capture data and events and using the right software to visualize and conduct analysis.

Based on the end user, the hardware segment is projected to the largest market share. This is because of its increasing number of smart grid deployment projects, increasing smart grid investments globally, and government regulations to install smart meters to reduce carbon emissions. By geography, North America is estimated to be the largest market. This is because a power monitoring system is expected to play a significant role in upgrading the aging power infrastructure in the region. The US has seen a rising demand for power monitoring systems due to an increase in investments in smart meters to enhance the intelligent infrastructure across the country.

Some of the key players in the Power Monitoring Market include ABB, Accuenergy, Albireo Energy, Eaton, Emerson, Fluke Corporation, Fuji Electric Fa Components & Systems, General Electric, Littelfuse , Mitsubishi Electric, Omron, Rockwell Automation, Samsara, Siemens, Veris Industries and Yokogawa 
 
Components Covered:

• Software
• Services
• Hardware

End Users Covered:
• Utilities & Renewables
• Public Infrastructure
• Manufacturing & Process Industry
• Electric Vehicle Charging Station
• Data Center
• Others End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea      
o Rest of Asia Pacific       
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary            
              
2 Preface  
           
 2.1 Abstract            
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology          
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions          
              
3 Market Trend Analysis           
 3.1 Introduction            
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats            
 3.6 End User Analysis           
 3.7 Emerging Markets           
 3.8 Futuristic Market Scenario          
              
4 Porters Five Force Analysis   
        
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry           
              
5 Global Power Monitoring Market, By Component         
 5.1 Introduction           
 5.2 Software            
 5.3 Services            
 5.4 Hardware           
  5.4.1 Metering & Communication Devices        
  5.4.2 Measurement Devices         
               
6 Global Power Monitoring Market, By End User         
 6.1 Introduction           
 6.2 Utilities & Renewables          
 6.3 Public Infrastructure          
 6.4 Manufacturing & Process Industry         
 6.5 Electric Vehicle Charging Station         
 6.6 Data Center           
 6.7 Others End Users           
              
7 Global Power Monitoring Market, By Geography         
 7.1 Introduction           
 7.2 North America           
  7.2.1 US           
  7.2.2 Canada            
  7.2.3 Mexico           
 7.3 Europe            
  7.3.1 Germany           
  7.3.2 UK           
  7.3.3 Italy           
  7.3.4 France           
  7.3.5 Spain           
  7.3.6 Rest of Europe          
 7.4 Asia Pacific           
  7.4.1 Japan           
  7.4.2 China           
  7.4.3 India           
  7.4.4 Australia           
  7.4.5 New Zealand          
  7.4.6 South Korea          
  7.4.7 Rest of Asia Pacific          
 7.5 South America           
  7.5.1 Argentina          
  7.5.2 Brazil           
  7.5.3 Chile           
  7.5.4 Rest of South America         
 7.6 Middle East & Africa          
  7.6.1 Saudi Arabia          
  7.6.2 UAE           
  7.6.3 Qatar           
  7.6.4 South Africa          
  7.6.5 Rest of Middle East & Africa         
              
8 Key Developments            
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 8.2 Acquisitions & Mergers          
 8.3 New Product Launch          
 8.4 Expansions           
 8.5 Other Key Strategies          
              
9 Company Profiling            
 9.1 ABB            
 9.2 Accuenergy           
 9.3 Albireo Energy           
 9.4 Eaton            
 9.5 Emerson            
 9.6 Fluke Corporation            
 9.7 Fuji Electric Fa Components & Systems         
 9.8 General Electric           
 9.9 Littelfuse            
 9.10 Mitsubishi Electric           
 9.11 Omron            
 9.12 Rockwell Automation          
 9.13 Samsara            
 9.14 Siemens            
 9.15 Veris Industries           
 9.16 Yokogawa           


List of Tables             
1 Global Power Monitoring Market Outlook, By Region (2017-2027) ($MN)       
2 Global Power Monitoring Market Outlook, By Component (2017-2027) ($MN)      
3 Global Power Monitoring Market Outlook, By Software (2017-2027) ($MN)      
4 Global Power Monitoring Market Outlook, By Services (2017-2027) ($MN)      
5 Global Power Monitoring Market Outlook, By Hardware (2017-2027) ($MN)      
6 Global Power Monitoring Market Outlook, By Metering & Communication Devices (2017-2027) ($MN)    
7 Global Power Monitoring Market Outlook, By Measurement Devices (2017-2027) ($MN)     
8 Global Power Monitoring Market Outlook, By End User (2017-2027) ($MN)      
9 Global Power Monitoring Market Outlook, By Utilities & Renewables (2017-2027) ($MN)     
10 Global Power Monitoring Market Outlook, By Public Infrastructure (2017-2027) ($MN)     
11 Global Power Monitoring Market Outlook, By Manufacturing & Process Industry (2017-2027) ($MN)    
12 Global Power Monitoring Market Outlook, By Electric Vehicle Charging Station (2017-2027) ($MN)    
13 Global Power Monitoring Market Outlook, By Data Center (2017-2027) ($MN)      
14 Global Power Monitoring Market Outlook, By Others End Users (2017-2027) ($MN)      
15 North America Power Monitoring Market Outlook, By Region (2017-2027) ($MN)      
16 North America Power Monitoring Market Outlook, By Component (2017-2027) ($MN)     
17 North America Power Monitoring Market Outlook, By Software (2017-2027) ($MN)      
18 North America Power Monitoring Market Outlook, By Services (2017-2027) ($MN)      
19 North America Power Monitoring Market Outlook, By Hardware (2017-2027) ($MN)      
20 North America Power Monitoring Market Outlook, By Metering & Communication Devices (2017-2027) ($MN)   
21 North America Power Monitoring Market Outlook, By Measurement Devices (2017-2027) ($MN)    
22 North America Power Monitoring Market Outlook, By End User (2017-2027) ($MN)      
23 North America Power Monitoring Market Outlook, By Utilities & Renewables (2017-2027) ($MN)    
24 North America Power Monitoring Market Outlook, By Public Infrastructure (2017-2027) ($MN)    
25 North America Power Monitoring Market Outlook, By Manufacturing & Process Industry (2017-2027) ($MN)   
26 North America Power Monitoring Market Outlook, By Electric Vehicle Charging Station (2017-2027) ($MN)   
27 North America Power Monitoring Market Outlook, By Data Center (2017-2027) ($MN)     
28 North America Power Monitoring Market Outlook, By Others End Users (2017-2027) ($MN)     
29 Europe Power Monitoring Market Outlook, By Region (2017-2027) ($MN)       
30 Europe Power Monitoring Market Outlook, By Component (2017-2027) ($MN)      
31 Europe Power Monitoring Market Outlook, By Software (2017-2027) ($MN)      
32 Europe Power Monitoring Market Outlook, By Services (2017-2027) ($MN)      
33 Europe Power Monitoring Market Outlook, By Hardware (2017-2027) ($MN)       
34 Europe Power Monitoring Market Outlook, By Metering & Communication Devices (2017-2027) ($MN)    
35 Europe Power Monitoring Market Outlook, By Measurement Devices (2017-2027) ($MN)     
36 Europe Power Monitoring Market Outlook, By End User (2017-2027) ($MN)      
37 Europe Power Monitoring Market Outlook, By Utilities & Renewables (2017-2027) ($MN)     
38 Europe Power Monitoring Market Outlook, By Public Infrastructure (2017-2027) ($MN)     
39 Europe Power Monitoring Market Outlook, By Manufacturing & Process Industry (2017-2027) ($MN)    
40 Europe Power Monitoring Market Outlook, By Electric Vehicle Charging Station (2017-2027) ($MN)    
41 Europe Power Monitoring Market Outlook, By Data Center (2017-2027) ($MN)      
42 Europe Power Monitoring Market Outlook, By Others End Users (2017-2027) ($MN)      
43 Asia Pacific Power Monitoring Market Outlook, By Region (2017-2027) ($MN)      
44 Asia Pacific Power Monitoring Market Outlook, By Component (2017-2027) ($MN)      
45 Asia Pacific Power Monitoring Market Outlook, By Software (2017-2027) ($MN)      
46 Asia Pacific Power Monitoring Market Outlook, By Services (2017-2027) ($MN)      
47 Asia Pacific Power Monitoring Market Outlook, By Hardware (2017-2027) ($MN)      
48 Asia Pacific Power Monitoring Market Outlook, By Metering & Communication Devices (2017-2027) ($MN)   
49 Asia Pacific Power Monitoring Market Outlook, By Measurement Devices (2017-2027) ($MN)     
50 Asia Pacific Power Monitoring Market Outlook, By End User (2017-2027) ($MN)      
51 Asia Pacific Power Monitoring Market Outlook, By Utilities & Renewables (2017-2027) ($MN)     
52 Asia Pacific Power Monitoring Market Outlook, By Public Infrastructure (2017-2027) ($MN)     
53 Asia Pacific Power Monitoring Market Outlook, By Manufacturing & Process Industry (2017-2027) ($MN)    
54 Asia Pacific Power Monitoring Market Outlook, By Electric Vehicle Charging Station (2017-2027) ($MN)    
55 Asia Pacific Power Monitoring Market Outlook, By Data Center (2017-2027) ($MN)      
56 Asia Pacific Power Monitoring Market Outlook, By Others End Users (2017-2027) ($MN)     
57 South America Power Monitoring Market Outlook, By Region (2017-2027) ($MN)      
58 South America Power Monitoring Market Outlook, By Component (2017-2027) ($MN)     
59 South America Power Monitoring Market Outlook, By Software (2017-2027) ($MN)      
60 South America Power Monitoring Market Outlook, By Services (2017-2027) ($MN)      
61 South America Power Monitoring Market Outlook, By Hardware (2017-2027) ($MN)      
62 South America Power Monitoring Market Outlook, By Metering & Communication Devices (2017-2027) ($MN)   
63 South America Power Monitoring Market Outlook, By Measurement Devices (2017-2027) ($MN)    
64 South America Power Monitoring Market Outlook, By End User (2017-2027) ($MN)      
65 South America Power Monitoring Market Outlook, By Utilities & Renewables (2017-2027) ($MN)    
66 South America Power Monitoring Market Outlook, By Public Infrastructure (2017-2027) ($MN)    
67 South America Power Monitoring Market Outlook, By Manufacturing & Process Industry (2017-2027) ($MN)   
68 South America Power Monitoring Market Outlook, By Electric Vehicle Charging Station (2017-2027) ($MN)   
69 South America Power Monitoring Market Outlook, By Data Center (2017-2027) ($MN)     
70 South America Power Monitoring Market Outlook, By Others End Users (2017-2027) ($MN)     
71 Middle East & Africa Power Monitoring Market Outlook, By Region (2017-2027) ($MN)     
72 Middle East & Africa Power Monitoring Market Outlook, By Component (2017-2027) ($MN)     
73 Middle East & Africa Power Monitoring Market Outlook, By Software (2017-2027) ($MN)     
74 Middle East & Africa Power Monitoring Market Outlook, By Services (2017-2027) ($MN)      
75 Middle East & Africa Power Monitoring Market Outlook, By Hardware (2017-2027) ($MN)     
76 Middle East & Africa Power Monitoring Market Outlook, By Metering & Communication Devices (2017-2027) ($MN)  
77 Middle East & Africa Power Monitoring Market Outlook, By Measurement Devices (2017-2027) ($MN)    
78 Middle East & Africa Power Monitoring Market Outlook, By End User (2017-2027) ($MN)     
79 Middle East & Africa Power Monitoring Market Outlook, By Utilities & Renewables (2017-2027) ($MN)    
80 Middle East & Africa Power Monitoring Market Outlook, By Public Infrastructure (2017-2027) ($MN)    
81 Middle East & Africa Power Monitoring Market Outlook, By Manufacturing & Process Industry (2017-2027) ($MN)   
82 Middle East & Africa Power Monitoring Market Outlook, By Electric Vehicle Charging Station (2017-2027) ($MN)   
83 Middle East & Africa Power Monitoring Market Outlook, By Data Center (2017-2027) ($MN)     
84 Middle East & Africa Power Monitoring Market Outlook, By Others End Users (2017-2027) ($MN)    

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