DUBLIN--(BUSINESS WIRE)--The "Power Monitoring Market by Component, End-User and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The power monitoring market is projected to reach USD 4.57 billion by 2022, at a CAGR of 5.76%, from 2017 to 2022
The increasing focus on efficient utilization of power resources and increasing attention to reduce energy costs have boosted the demand for power monitoring systems. In addition, maximizing the reliability of electrical infrastructure would further aid the growth of this market. The high cost of high-end power monitoring systems would act as a restraint for the growth of the power monitoring market.
The market in North America is currently the largest for power monitoring, followed by the markets in Europe and Asia-Pacific. The market in North America is driven by ageing T&D infrastructure, increasing demand for reliable power supply, and smart grid investments.
The growth of IT hubs and other commercial sectors in the region has further emphasized the requirement for quality power and higher energy efficiency, thereby driving the power monitoring market in the region. The U.S. is estimated to be the largest power monitoring market in the North American region in 2017.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Power Monitoring Market, By Component
7 Power Monitoring Market, By End-User
8 Power Monitoring Market, By Region
9 Competitive Landscape
10 Company Profiles
- 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
For more information about this report visit https://www.researchandmarkets.com/research/67vxvs/power_monitoring