Global Power Quality Meter Market Size Study & Forecast, by Technology (Digital Power Quality Meters, Analog Power Quality Meters), Phase (Single Phase, Three Phase), Installation Type, End-user and Application, and Regional Forecasts 2025–2035

The Global Power Quality Meter Market is valued at approximately USD 6.25 billion in 2024 and is expected to witness a significant compound annual growth rate (CAGR) of 9.11% over the forecast period 2025–2035. As energy grids become increasingly digitized, interconnected, and vulnerable to fluctuations and inefficiencies, the need for reliable power monitoring tools has never been more crucial. Power quality meters—vital devices designed to track and analyze electrical parameters such as voltage sags, harmonics, surges, and interruptions—are gaining critical importance across sectors. These meters offer real-time visibility into electrical systems, empowering organizations to optimize energy usage, prevent costly downtime, and comply with stringent energy regulations.

A surging emphasis on improving power reliability, reducing energy wastage, and optimizing operational performance across industrial and commercial infrastructures is catalyzing demand for advanced power quality monitoring solutions. With smart factories and automated facilities becoming the norm, digital power quality meters integrated with AI, cloud platforms, and edge analytics are evolving from simple diagnostic tools to strategic assets. Moreover, governments and regulatory bodies are instituting mandates for energy efficiency and grid stability, further accelerating the adoption of these intelligent metering systems. This shift is particularly notable in energy-intensive industries like manufacturing, utilities, and data centers, where power anomalies can result in operational and financial disruption.

Regionally, North America is expected to maintain a leading market position, buoyed by aging grid infrastructure modernization programs, industrial automation initiatives, and regulatory frameworks that prioritize power quality monitoring. The U.S., in particular, is leveraging digital meters to manage complex distributed energy resources and reduce downtime. In contrast, Asia Pacific is forecast to be the fastest-growing region over the next decade, driven by rapid industrialization, rising energy demand, and urban expansion in economies such as China, India, and Southeast Asia. Meanwhile, Europe continues to make strides with sustainable energy transitions, smart city deployments, and advancements in energy auditing, reinforcing the region’s commitment to grid resilience and efficiency.

Major market player included in this report are:
• Honeywell International Inc.
• Schneider Electric SE
• ABB Ltd.
• Siemens AG
• Eaton Corporation
• General Electric Company
• Toshiba Corporation
• Itron Inc.
• Landis+Gyr Group AG
• Kamstrup A/S
• Sensus USA Inc.
• Elster Group GmbH
• Iskraemeco
• Holley Technology Ltd.
• Aclara Technologies LLC

Global Power Quality Meter Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Technology:
• Digital Power Quality Meters
• Analog Power Quality Meters

By Phase:
• Single Phase Power Quality Meters
• Three Phase Power Quality Meters

By Installation Type:
• Panel Mounted Power Quality Meters
• Portable Power Quality Meters

By End-user:
• Industrial Power Quality Meters
• Commercial Power Quality Meters
• Residential Power Quality Meters

By Application:
• Power Factor Correction
• Load Monitoring
• Harmonics Analysis
• Energy Auditing

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

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