Global and China Power Quality Meter Market Insights, Forecast to 2027

Power quality is measured according to the quality with which it is delivered to the end customers; power quality is deemed as high when it has clean sinusoidal waveforms without any spikes, sags, and other electrical disturbances. It should also be free from transients, harmonics, and other such distortions. Over the years, with the advances in technologies and equipment, power quality has become a major issue for power providers and their customers.
Based on end-user, the industrial & manufacturing segment recorded the largest market size in 2017. Globally, industrial and manufacturing activities contribute approximately 30% of the economy. Consequently, reliable, efficient, and uninterrupted power supply becomes the inevitable requirement for the industrial facilities, nowadays. Any kind of power interruption or outages can affect crucial industrial operations and can result in huge losses. Developed economies in North America and Europe are facing the heat for the poor power quality and are investing huge amounts to curb the same.

Market Analysis and Insights: Global and China Power Quality Meter Market
This report focuses on global and China Power Quality Meter market.
In 2020, the global Power Quality Meter market size was US$ 897.5 million and it is expected to reach US$ 1239 million by the end of 2027, with a CAGR of 4.3% during 2021-2027. In China the Power Quality Meter market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Power Quality Meter Scope and Market Size
Power Quality Meter market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Power Quality Meter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Power Quality Meter market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Single Phase
Three Phase

Segment by Application
Industrial & Manufacturing
Commercial
Utilities
Transportation
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
ABB
Eaton
Electro Industries/GaugeTech
GE
Schneider Electric
Accuenergy
B&K Precision
Danaher
Dranetz Technologies
Emerson
FLIR Systems
Fluke Corporation
HIOKI E.E. CORPORATION
Honeywell International
Itron
Keysight Technologies
Megger
Xylem Inc
Siemens
Valhalla Scientific
Vitrek
Wasion Group Holding
Yokogawa Test & Measurement
ZHEJIANG YONGTAILONG ELECTRONIC