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Power Quality Meter Market Share

Report ID: GMI7124
Published Date: Oct 2023
Report Format: PDF

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Power Quality Meter Market Share

The major corporations are prioritizing marketing tactics, technological innovations, building brand awareness, and achieving economies of scale in order to contend with the competition that exists within their respective industries.

The key industry players are

General Electric
Siemens
ABB
Eaton
Schneider Electric
Emerson Electric Co.
MTE Power Quality
A.F. Smith Electric Inc.
Fluke Corporation
Yokogawa Test & Measurement Corporation
Mitsubishi Electric Corporation
Dranetz Technologies
Megger
Vitrek
Accuenergy Ltd.
M B Control & Systems Pvt Ltd.
Algodue Elettronica srl
Rishabh Instruments Limited
LUMEL S.A.
Elspec Ltd.
PCE Holding GmbH
HIOKI E.E. CORPORATION
Delta Electronics, Inc.
Eastron Electronic Co., Ltd.

Siemens, a global conglomerate, offers a wide range of products and solutions related to power generation, distribution, and management. The company is known for its high-quality and technologically advanced products in the field of electrical and energy management. They have a strong presence in various industries, including industrial, commercial, and utility sectors. Its meters are commonly used in manufacturing facilities, data centers, and other critical infrastructure environments where reliable power supply is essential.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of power quality meter was worth USD 1.9 billion in 2023 and is estimated to surpass USD 3.7 billion by 2032, due to the increasing utilization of sensitive electronic equipment in industrial and commercial settings.

The portable product segment held over 50% of the power quality meter market share in 2022, owing to the growing complexity of electrical systems and the increasing use of sensitive electronic equipment worldwide.

North America power quality meter market size exceeded USD 356.7 million in 2022, due to the increasing awareness about the importance of power quality coupled with the influx of stricter regulations and standards related to power quality.

Some of the leading power quality meter companies are General Electric, Siemens, ABB, Eaton, Schneider Electric, and Emerson Electric Co.