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Power Monitoring Market to 2023 - Eaton, Emerson, Fluke Corporation, Fuji Electric Corp. of America, General Electric Manufacturing Company (GEMAC), Littelfuse, Mitsubishi Electric Corporation, Omron Industrial Automation Europe, Rockwell Automation, Schn

10-23-2018 11:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research for Markets

Power Monitoring

Power Monitoring

The Power Monitoring market size will grow from USD 3.49 Billion in 2017 to USD 4.88 Billion by 2023, at an estimated CAGR of 5.72%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

This growth is attributed to the efficient utilization of power resources, increasing electricity prices, and maximizing reliability of electrical infrastructure. The increasing requirement of reliable power supply and replacement of existing infrastructure would also boost the demand for power monitoring systems. The power monitoring market is segmented by component into hardware, software, and services. The hardware segment accounted for the largest market size in 2017 due to the increasing deployment of smart meters and standard meters globally. The hardware segment is expected to grow at the highest CAGR from 2018 to 2023, owing to increasing smart grid investments and energy efficiency targets globally. The hardware segment is further sub-segmented into metering and communication and measurement devices. The metering and communication devices segment is projected to dominate the hardware market and is expected to grow at the fastest rate during the forecast period. This growth is attributed to smart meter roll out plans and increasing demand for reliable power supply globally.

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Segments of Global Market:
· By Market Players: ABB Ltd , Eaton Corporation PLC , Emerson Electric Co. , Fluke Corporation , Fuji Electric FA Components & Systems Co., Ltd. , General Electric Company , Littelfuse, Inc. , Mitsubishi Electric Corporation , Omron Corporation , Rockwell Automation, Inc. , Schneider Electric SE , Siemens AG , Yokogawa Electric Corporation
· By Component: Hardware , Software , Services, ,
· By End-User: Manufacturing and Process Industry , Datacenters , Utilites and Renewables , Public Infrastructure , Electric Vehicles Charging Stations

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Points Covered in The Report:
· The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
· The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
· The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
· Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
· The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
· To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
· Assess the production processes, major issues, and solutions to mitigate the development risk.
· To understand the most affecting driving and restraining forces in the market and its impact in the global market.
· Learn about the market strategies that are being adopted by leading respective organizations.
· To understand the future outlook and prospects for the market.
· Besides the standard structure reports, we also provide custom research according to specific requirements.

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Contact Info:
Name: Research For Markets
Email: alan.naidu@researchformarkets.com
Phone: +44 8000-4182-37

Research For Markets indulge in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East And Africa.

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