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Power Quality Meter Market Worth 1,252.0 Million USD by 2021


News provided by

MarketsandMarkets

01 Jun, 2016, 16:30 GMT

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PUNE, India, June 1, 2016 /PRNewswire/ --

The report "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 by MarketsandMarkets, is projected to grow from an estimated USD 870.5 Million in 2016 to USD 1,252.0 Million by 2021, registering a CAGR of 7.5% from 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 67 market data Tables with 41 Figures spread through 150 Pages and in-depth TOC on "Power Quality Meter Market"

http://www.marketsandmarkets.com/Market-Reports/power-quality-meter-market-34696492.html
Early buyers will receive 10% customization on this report.

Factors such as growing investments in transmission & distribution infrastructure and increasing industrialization & infrastructural activities are driving the global Power Quality Meter Market.

Industries & Manufacturing facilities-the key end-user of power quality meters 

Power quality meters primarily find major application in industries & manufacturing facilities. In 2015, industrial and manufacturing was the largest segment of the Power Quality Meter Market, and accounted for the largest share of the total market. The meters are installed at the incoming of the power source to monitor the distortions in voltage and harmonics. Any distortions and fluctuations are harmful for the equipment such as motors, servers, and others. Power quality meters are used extensively to prevent damages to expensive and critical equipment. The increasing industrial growth across the developed and developing regions would in turn raise the demand for power quality meters.

Growing inclination toward three phase power quality meters 

The report also segments the Power Quality Meter Market on the basis of phase into single and three phases. Three phase power quality meters have received widespread acceptance in the past few years due to the rapid industrialization & commercialization. The three phase Power Quality Meter Market is expected to grow at the highest CAGR during the forecast period. Single phase meters are portable and handheld and therefore are used by various electricians.

North America is expected to dominate the Power Quality Meter Market 

In this report, the Power Quality Meter Market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. North America is estimated to dominate the market, owing to factors such as industrialization, effective smart grid initiatives, high investments in the upgradation of transmission & distribution infrastructure, energy-efficiency measures, and renewable projects.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Power Quality Meter Market including ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric (U.S.), Schneider Electric SE (France), and Eaton Corporation (Ireland). These players are trying to penetrate developing economies and are adopting various methods to increase their market share.

The report includes competitive landscape analysis for key companies. The report helps market participants to identify high-growth segments and assists them in making key investment decisions.

Make an Enquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=34696492

Study Coverage: 

The report segments the market by phase into single phase and three phase; by end-user into industrial & manufacturing, commercial, utilities, transportation, and others (labs and research & development centers); by application into distribution panel, substation monitoring, equipment, and others (capacitor banks and reactors); and by region into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Each region has been further analyzed on the basis of key country-level markets.

Browse Related Reports: 

Power Metering Market by Application (Residential, Commercial & Industrial), by Phase, by type (Smart, Digital, Analog, & Others), & by Region (North America, South America, the Middle East Africa, APAC, & Europe) - Global Trend & Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/power-metering-market-135099363.html

Smart Meters Market by Type (Smart Electric Meters, Smart Water Meters, Smart Gas Meters), by End User (Industrial & Commercial and Residential), & Region (Americas, Asia-Pacific, Europe & RoW) - Trends and Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/smart-meter-366.html

About MarketsandMarkets  

MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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