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Power Monitoring Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027

02-19-2021 01:51 PM CET | IT, New Media & Software

Press release from: Orion Market Research

A power monitoring system is a network of meters connected to the Internet to provide real-time data about the power system. The Power Monitoring Systems market is expected to grow at a CAGR of more than 5% over the forecast period 2021-2027. The main factors contributing to the market growth are increased interest in the efficient use of power resources, increased urbanization and industrialization, and maximization of the reliability of electrical infrastructure. As the adoption of smart grid technology increases and interest in industrial development increases, the implementation of power monitoring systems has increased. However, factors such as poor compatibility with existing components and rising costs of advanced monitoring devices are likely to hinder the market during the forecast period.

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A full report of Power Monitoring Market available at: https://www.orionmarketreports.com/power-monitoring-market/40920/

Key Market Players

• Eaton Corporation PLC
• Fluke Corporation
• General Electric Company
• Mitsubishi Electric Corporation
• Rockwell Automation, Inc.
• Siemens AG
• Yokogawa Electric Corporation
• ABB Ltd
• Emerson Electric Co.
• Fuji Electric FA Components & Systems Co., Ltd.
• Littelfuse, Inc.
• Omron Corporation
• Schneider Electric SE

Power Monitoring Market Segmentation

By Component

• Hardware
• Software
• Services

By End-User

• Manufacturing & Process Industry
• Datacenters
• Public Infrastructure
• Utilities & Renewables
• Electric Vehicle Charging Station

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Power Monitoring Market Report

• What was the Power Monitoring Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Power Monitoring Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Power Monitoring Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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