Market Research Logo

Global Power Quality Meter Market 2017-2021

Global Power Quality Meter Market 2017-2021

About Power Quality Meter

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.

Technavio’s analysts forecast the global power quality meter market to grow at a CAGR of 5.73% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global power quality meter market for 2017-2021. To calculate the market size, the report considers the sales/volume/value market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Power Quality Meter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Eaton
  • Electro Industries/GaugeTech
  • GE
  • Schneider Electric
Other prominent vendors
  • Accuenergy
  • B&K Precision
  • Danaher
  • Dranetz Technologies
  • Emerson
  • FLIR Systems
  • Fluke Corporation
  • HIOKI E.E. CORPORATION
  • Honeywell International
  • Itron
  • Keysight Technologies
  • Megger
  • Sensus
  • Siemens
  • Valhalla Scientific
  • Vitrek
  • Wasion Group Holding
  • Yokogawa Test & Measurement
  • ZHEJIANG YONGTAILONG ELECTRONIC
Market driver
  • Increasing investments in renewable energy projects
  • For a full, detailed list, view our report
Market challenge
  • Slowdown in Chinese economy
  • For a full, detailed list, view our report
Market trend
  • Development of energy-efficient buildings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Power Quality Meter Market 2017-2021

Technavio recognizes the following companies as the key players in the global power quality meter market: ABB, Eaton, Electro Industries/GaugeTech, GE, and Schneider Electric.

Other Prominent Vendors in the market are: Accuenergy, B&K Precision, Danaher, Dranetz Technologies, Emerson, FLIR Systems, Fluke Corporation, HIOKI E.E. CORPORATION, Honeywell International, Itron, Keysight Technologies, Megger, Sensus, Siemens, Valhalla Scientific, Vitrek, Wasion Group Holding, Yokogawa Test & Measurement, and ZHEJIANG YONGTAILONG ELECTRONIC.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of energy-efficient buildings. Many high-tech, newly constructed buildings worldwide make the maximum use of daylight in order to reduce energy consumption. Similarly, building contractors are trying to use many energy-efficient devices like LED for lighting or energy-efficient air conditioners so that electricity is not wasted”

According to the report, one of the major drivers for this market is Increasing investments in renewable energy projects. There has been a rapid and substantial increase in the number of renewable energy projects over the last few years due to the depletion of non-renewable energy sources as well as the focus on reducing carbon emissions from such sources. As a result of this, the governments in many nations have started taking steps to reduce the use of fossil fuels by promoting solar, wind, tidal, and hydropower projects.



Further, the report states that one of the major factors hindering the growth of this market is Slowdown in Chinese economy. The slowdown that the Chinese economy has been experiencing will have an adverse effect on the market. The Chinese GDP grew at only 7.3% in 2014, which was the slowest since 1990; the growth declined further to 6.9% in 2015. The slowdown is mainly attributed to the slow performance of the country's real estate sector, together with the enormous manufacturing overcapacity. In the manufacturing sector, state-owned firms face huge excess capacity in production. The problem can only be resolved if there is a growth in demand for the products manufactured by these firms. Also, as China is a major country for other export-driven countries, the slowdown will adversely affect such countries.

Companies Mentioned

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, Sensus, Siemens, Valhalla Scientific, Vitrek, Wasion Group Holding, Yokogawa Test & Measurement, and ZHEJIANG YONGTAILONG ELECTRONIC.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Key market highlights
      • Table Advantages of power quality meters
      • Table Global power quality meter market by end-user 2016-2021
      • Table Global power quality meter market by geography 2016-2021
  • Market landscape
    • Market overview
      • Table Global power quality meter market: Overview
    • Market size and forecast
      • Table Global power quality meter market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Market overview
      • Table Global power quality meter market by end-user 2016 (%)
      • Table Global power quality meter market by end-user 2021 (%)
    • Industrial sector
      • Table Global power quality meter market in industrial sector 2016-2021 ($ millions)
      • Table Value added by industrial sector to annual percentage growth globally (%)
    • Commercial sector
      • Table Global power quality meter market in commercial sector 2016-2021 ($ millions)
      • Table Global data center growth forecast 2015-2020 (number of data centers)
    • Utility sector
      • Table Global power quality meter market in utility sector 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Geographical segmentation – Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas – market size & forecast
      • Table Americas – market size & forecast ($ millions)
      • Table Americas – Year-over-year growth (%)
      • Table Energy consumption in various end-user sectors in US 2013-2016 (trillion BTUs)
      • Table Top 3 countries in Americas
    • APAC – market size & forecast
      • Table APAC – market size & forecast ($ millions)
      • Table APAC – Year-over-year growth (%)
      • Table Top 3 countries in APAC
    • EMEA – market size & forecast
      • Table EMEA – market size & forecast ($ millions)
      • Table EMEA – Year-over-year growth (%)
      • Table Top 3 countries in EMEA
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Electricity production from renewable sources excluding hydroelectric 2010-2014 (trillion kWh)
      • Table Offshore wind capacity in leading countries 2015 and 2016 (%)
      • Table Development activities in APAC
      • Table Total construction in US 2014-2016 (millions of units)
    • Market challenges
      • Table Factors affecting the economic slowdown in China
  • Market trends
    • Development of energy-efficient buildings
    • Incorporation of power quality meters in smart homes
    • Permanent installation of power quality meters
  • Vendor landscape
    • Market overview
    • Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB: Product portfolio
      • Table ABB: Power quality meter products
      • Table ABB: Key news
    • Eaton
      • Table Eaton: Product portfolio
      • Table Eaton: Power quality meter products
      • Table Eaton: Key news
    • Electro Industries/GaugeTech
      • Table Electro Industries/GaugeTech: Product portfolio
    • GE
      • Table GE: Product portfolio
      • Table GE: Power quality meter products
      • Table GE: Key news
    • Schneider Electric
      • Table Schneider Electric: Product portfolio
      • Table Schneider Electric: Solutions offered
      • Table Schneider Electric: Services offered
      • Table Schneider Electric: Power quality meter offerings
      • Table Schneider Electric: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report