Market Research Report
Power Analyzer and Power Quality Analyzer Global Market Forecast & Analysis 2019 - 2029
|Published by||ElectroniCast||Product code||930661|
|Published||Content info||266 Page PDF plus PowerPoint and Excel File
Delivery time: 1-2 business days
|Power Analyzer and Power Quality Analyzer Global Market Forecast & Analysis 2019 - 2029|
|Published: March 31, 2020||Content info: 266 Page PDF plus PowerPoint and Excel File||
This report presents the ElectroniCast forecast of the use of Power Analyzers and Power Quality Analyzers. The report provides the review (analysis) of 2019 and a 10-year (2019-2029) forecast of the worldwide market consumption of Power Analyzers and Power Quality Analyzers, segmented as follows:
The market forecasts for Power Analyzers and Power Quality Analyzers are separate forecasts and therefore are not summed-up together to a higher-level.
The market forecast data are segmented by the following functions:
The ElectroniCast global market forecasts for Power Analyzers and Power Quality Analyzers are segmented into the following geographical regions:
Power analyzer (PA) is a piece of test equipment that accurately measures electrical power characteristics of devices that generate, transform, or consume electricity. Power analyzers, also called power meters or watt-meters, provide precise measurements of true power (watts), power factor, harmonics and efficiency in inverters, motor drives, lighting, home appliances, office equipment, power supplies, and industrial machinery.
A Power Quality Analyzer (PQA) is a piece of test equipment designed to evaluate the quality of electrical power on its input. These devices are available in three-phase and single-phase models. They measure both current and voltage, and detect dips, swells, fast transients, harmonics, power factor, and a host of other parameters that are useful for advanced power troubleshooting.
Market analysis and forecasting are complex tasks. Any predictions of the shape and trends of technology and economic movement start from the notion that the germ of what will be important tomorrow is present, although smaller or larger or in a different form, in our environment today. However, taking as a basis for a prediction the assumptions of current, conventional belief creates a set of preconceived notions that can lead to serious mistakes. ElectroniCast, instead, looks to the basic driving forces. The future market for this particular type of electric power test and measurement equipment depends on a number of factors, including:
ElectroniCast analysts perform interviews with authoritative and representative individuals involved with electrical component and equipment development and marketing/sales, from the standpoint of both suppliers and users of pertinent products. The interviews are conducted principally with:
The interviews cover issues of technology, R&D support, pricing, contract size, reliability, documentation, installation/maintenance crafts, standards, supplier competition and other topics.
Customers (electrical contractors, electricians, building systems, electrical infrastructures, electrical utility/operators, equipment distributors, similar) are interviewed, to obtain their estimates of quantities received and average prices paid, as a crosscheck of vendor estimates. Customer estimates of historical and expected near term future growth of their application are obtained. Their views of use of new technology products will be researched.
A review of published information was also performed to supplement information obtained through interviews. The following sources are reviewed:
ElectroniCast forecasts, are developed initially at the lowest detail level, and then summed to successively higher levels. The background market research focuses on the amount of each type of product used in each application in the base year (2019), and the prices paid at the first transaction from the manufacturer. This forms the base year data. ElectroniCast analysts then forecast the growth rates in component quantity use in each application, along with price trends, based on competitive, economic and technology forecast trends, and apply these to derive long term forecasts at the lowest application levels. The usage growth rate forecasts depend heavily on analysis of overall end user trends toward digital broadband communication equipment usage and economic payback.
The calculation and analysis data spreadsheet technique is based upon input/ output analysis, leveraging the quantitative consumption quantity, price and value of each item in each application at all levels to achieve reasonable quantitative conclusions; this interactive analysis concept, first applied on a major scale by Leonteff, of the US Department of Commerce, in the mid 1950s, was then adopted successfully by analyst/forecasting firms Quantum Science, Gnostic Concepts and (in 1981) by ElectroniCast.