Global Power Monitoring Market to 2025 - Analysis, Trends and Forecasts - ResearchAndMarkets.com
Global Power Monitoring Market to 2025 - Analysis, Trends and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Power Monitoring - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Power Monitoring market worldwide is projected to grow by US$1.5 Billion, driven by a compounded growth of 5.8%.
Hardware, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.8 Billion by the year 2025, Hardware will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$96 Million to the region's size and clout in the next 5 to 6 years. Over US$57.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Hardware will reach a market size of US$95.2 Million by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.1% over the next couple of years and add approximately US$211 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others:
- ABB Ltd.
- Accuenergy Ltd.
- Albireo Energy, LLC
- Eaton Corporation Inc.
- Emerson Electric Company
- Fluke Corporation
- Fuji Electric FA Components & Systems Co., Ltd.
- GE Grid Solutions
- Greystone Energy Systems Inc.
- Littelfuse, Inc.
- Mitsubishi Electric Corporation
- Omron Corporation
- Rockwell Automation, Inc.
- Samsara Networks, Inc.
- Schneider Electric SE
- Siemens AG
- VaCom Technologies
- Veris Industries
- Yokogawa Electric Corporation.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- An Introduction to Power Monitoring Products and Services
- Power Monitoring Products and Services: Current Market Scenario and Outlook
- Power Monitoring Hardware: Major Category
- Power Monitoring Software Continues to Make Robust Gains
- Sustained Demand for Power Monitoring Services
- While Developed Regions Remain Major Revenue Contributors, Developing Regions Emerge as Fast Growing Markets
- Economic Scenario and Its Impact on Power Monitoring Market
- Competitive Scenario
- Power Monitoring: A Fragmented Marketplace
- Select Merger & Acquisition (M&A) Deals in the Global Energy Industry (2017-2018)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Energy Efficiency Needs amid Escalating Energy Costs Creates Fertile Environment for Power Monitoring Solutions Market
- Reducing Carbon Emissions - Right Time for Energy Efficiency Solutions
- Emphasis on Curbing Carbon Emissions Accelerates Deployments
- Focus on Improving the Electrical Infrastructure Reliability Builds Market Momentum
- Manufacturing & Process Industry: Major Consumer
- Industry 4.0 to Steer Next Wave of Growth
- Sustained Opportunities in Utilities & Renewable Energy Sectors
- Rising Investments on Smart Grids Accelerates Market Adoption
- Novel Opportunities Identified in Renewables Sector
- Developments in Smart Water Management Industry Augur Well
- Power Monitoring Systems Come to the Fore to Resolve Critical Power Needs of Datacenters
- A Review of Select New and Upcoming Mega Data Center Projects
- Electric Vehicle Charging Stations: New Growth Vertical
- IoT & M2M Communication Summon Broad-based Modifications in Power Monitoring Technology
- Academia Embraces Power Monitoring Technology to Push Energy Efficiency
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/f2a86u
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