Global Power Monitoring Market Size study & Forecast, by Component by Industry Vertical and Regional Analysis, 2023-2030

Description

List of Tables

Power monitoring refers to the process of measuring and analyzing electrical power consumption in various systems, such as buildings, industrial facilities, or individual devices. It involves tracking and analyzing power-related parameters to gain insights into energy usage, identify potential issues, optimize energy efficiency, and ensure reliable operation. Power monitoring systems typically include sensors, meters, data loggers, and software platforms that collect, store, and analyze power data. These systems provide real-time or historical information about electricity consumption, voltage levels, current flow, power factor, harmonics, and other relevant parameters. The requirement to control energy costs, maximize the dependability of electrical infrastructure, and optimize the best use of existing power resources are some of the factors that are driving the growth of the power monitoring market. The market for power monitoring is further boosted by replacement of exciting power systems. Also, the rising adoption of smart grid technologies is anticipated to create the lucrative demand for the market during forecast period 2023-2030.

Moreover, the rising adoption of smart grid technologies is indeed supporting the growth of the power monitoring market. Smart grids are advanced electrical systems that incorporate digital communication and monitoring capabilities to enhance the efficiency, reliability, and sustainability of electricity distribution. Power monitoring plays a crucial role in smart grids by providing real-time information about the power flow, consumption patterns, and equipment performance within the grid. For instance, in May 2020, the U.K. government declared the launch of the smart metering implementation program that has led to a total of 26.6 million electricity meters operated by large energy suppliers in domestic properties across the Great Britain area. Also, in Oct. 2021, the deployment of 1.2 million smart metres across Lithuania has been announced by Siemens Smart Infrastructure and its partners Sagemcom and Bite Lietuva. The company will offer a 10-year maintenance contract for an EnergyIP metre data management system to Lithuania's distribution system operator. Additionally, increasing focus on industrial developments is anticipated to create the lucrative opportunity for the market over forecast period. However, the availability of alternatives such as energy management system stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Power Monitoring Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rise in investments in smart metering to enhance the advanced infrastructure across the country, growing deployment of datacenters, increasing electric vehicle charging stations and growing investment in energy sectors. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising investments in the power generation sector, and growing continues urbanization and industrialization in the region.

Major market player included in this report are:

Schneider Electric (France)
ABB (Switzerland)
Eaton (Ireland)
Siemens (Germany)
General Electric (US)
Emerson (US)
Rockwell Automation (US)
Mitsubishi Electric (Japan)
Omron (Japan)
Yokogawa (Japan)

Recent Developments in the Market:

In Feb. 2020, Eaton has announced the acquisition of Power Distribution Inc., a top provider of power monitoring and distribution systems and services for companies, industries, and data centres.

Global Power Monitoring Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Industry Vertical, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Hardware
Software
Services

By Industry Vertical:

Manufacturing & Process Industry
Datacenters
Public Infrastructure
Utilities & Renewables
Electric Vehicle Charging Station

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Power Monitoring Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Power Monitoring Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Power Monitoring Market, by Industry Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Power Monitoring Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Power Monitoring Market Dynamics

3.1. Power Monitoring Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Focus on Effective Utilization of Power Resources
  - 3.1.1.2. Maximizing the Reliability of Electrical Infrastructure
- 3.1.2. Market Challenges
  - 3.1.2.1. Availability of Alternatives Such as Energy Management System
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising Focus on Industrial Developments

Chapter 4. Global Power Monitoring Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Power Monitoring Market, by Component

5.1. Market Snapshot
5.2. Global Power Monitoring Market by Component, Performance - Potential Analysis
5.3. Global Power Monitoring Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Power Monitoring Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Services

Chapter 6. Global Power Monitoring Market, by Industry Vertical

6.1. Market Snapshot
6.2. Global Power Monitoring Market by Industry Vertical, Performance - Potential Analysis
6.3. Global Power Monitoring Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
6.4. Power Monitoring Market, Sub Segment Analysis
- 6.4.1. Manufacturing & Process Industry
- 6.4.2. Datacentres
- 6.4.3. Public Infrastructure
- 6.4.4. Utilities & Renewables
- 6.4.5. Electric Vehicle Charging Station

Chapter 7. Global Power Monitoring Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Power Monitoring Market, Regional Market Snapshot
7.4. North America Power Monitoring Market
- 7.4.1. U.S. Power Monitoring Market
  - 7.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Power Monitoring Market
7.5. Europe Power Monitoring Market Snapshot
- 7.5.1. U.K. Power Monitoring Market
- 7.5.2. Germany Power Monitoring Market
- 7.5.3. France Power Monitoring Market
- 7.5.4. Spain Power Monitoring Market
- 7.5.5. Italy Power Monitoring Market
- 7.5.6. Rest of Europe Power Monitoring Market
7.6. Asia-Pacific Power Monitoring Market Snapshot
- 7.6.1. China Power Monitoring Market
- 7.6.2. India Power Monitoring Market
- 7.6.3. Japan Power Monitoring Market
- 7.6.4. Australia Power Monitoring Market
- 7.6.5. South Korea Power Monitoring Market
- 7.6.6. Rest of Asia Pacific Power Monitoring Market
7.7. Latin America Power Monitoring Market Snapshot
- 7.7.1. Brazil Power Monitoring Market
- 7.7.2. Mexico Power Monitoring Market
7.8. Middle East & Africa Power Monitoring Market
- 7.8.1. Saudi Arabia Power Monitoring Market
- 7.8.2. South Africa Power Monitoring Market
- 7.8.3. Rest of Middle East & Africa Power Monitoring Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Schneider Electric (France)
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. ABB (Switzerland)
- 8.3.3. Eaton (Ireland)
- 8.3.4. Siemens (Germany)
- 8.3.5. General Electric (US)
- 8.3.6. Emerson (US)
- 8.3.7. Rockwell Automation (US)
- 8.3.8. Mitsubishi Electric (Japan)
- 8.3.9. Omron (Japan)
- 8.3.10. Yokogawa (Japan)

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Power Monitoring Market, report scope
TABLE 2. Global Power Monitoring Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Power Monitoring Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Power Monitoring Market estimates & forecasts by Industry Vertical 2020-2030 (USD Billion)
TABLE 5. Global Power Monitoring Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Power Monitoring Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Power Monitoring Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Power Monitoring Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Power Monitoring Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Power Monitoring Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Power Monitoring Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Power Monitoring Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Power Monitoring Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Power Monitoring Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Power Monitoring Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Power Monitoring Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Power Monitoring Market
TABLE 70. List of primary sources, used in the study of global Power Monitoring Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Power Monitoring Market, research methodology
FIG 2. Global Power Monitoring Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Power Monitoring Market, key trends 2022
FIG 5. Global Power Monitoring Market, growth prospects 2023-2030
FIG 6. Global Power Monitoring Market, porters 5 force model
FIG 7. Global Power Monitoring Market, pest analysis
FIG 8. Global Power Monitoring Market, value chain analysis
FIG 9. Global Power Monitoring Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Power Monitoring Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Power Monitoring Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Power Monitoring Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Power Monitoring Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Power Monitoring Market, regional snapshot 2020 & 2030
FIG 15. North America Power Monitoring Market 2020 & 2030 (USD Billion)
FIG 16. Europe Power Monitoring Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Power Monitoring Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Power Monitoring Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Power Monitoring Market 2020 & 2030 (USD Billion)