Power Quality Measurement Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


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Persistence Market Research

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Measuring power quality is mainly used in the manufacturing and industry sectors. In the energy performance measurement industry, industry and production were the biggest segment and the biggest share of the complete power quality measurement market. Meters for controlling voltage distortion and harmonics are typically mounted at the entrance of the energy source. Distorted devices such as engines, servers and others are damaging to all distortions and fluctuations. Measurement of power quality is widely used to avoid damage to costly and critical machinery. In turn, growing industrial development would increase demand for power quality measurements across advanced and developing areas. 

Equipment in the power quality measurement market is integrated into the system itself for easy access and enhanced measurement precision. 

  • The main objective of power quality devices is to decrease the use of various devices in a scheme where entire measurement work may take place with just one or a few devices. 
  • As the system expands, the measuring equipment's scalability improves. Multiple meters can therefore be analyzed at the same time. 
  • The devices can configure and manage meters in organizations centrally. You can download information from the meters themselves automatically. 
  • The disruption can be accomplished in a streamlined overview. For rectification, this output can be distributed across the grid in power quality measurement market. 

The participants in the sector took on fusions and acquisitions, alliances and partnerships in a large manner to cope with the financial downturn tempest. These include the acquisition of a Reliable Power Meter by Fluke Corporation and the power measures partnership with Current Thinking in the TVSS power quality measurement market segment.

Power Quality Measurement devices Market: Overview

Certifying electric power quality is emerging concern for governments, utilities, and industrial energy consumers all around the world. The principal step towards saving energy and refining operational processes is the measurement of the electrical power quality. Power quality measurement devices constantly observes the key parameters of power quality to help decrease outages and equipment destruction from deprived quality of service. Power quality measurement devices helps to gain a broad overview of the power supplies and introduce the accurate measures. The power quality is also observed according to the general valid criteria. (e.g. EN50160).

Power quality problems comprises of intermittent phenomena namely voltage flicker and steady-state phenomena namely harmonic distortion. Although apparatuses have been developed that calculate a wide range of disturbances, a number of different devices may be used, depending on the phenomena being examined. Hence with the increasing usage of power quality measurement devices for calculation of power quality in many industries is expected to drive the global power quality measurement devices market in the near future.

Power Quality Measurement devices Market: Dynamics

Power quality measurement devices market is primarily driven by increased electricity use and energy-efficiency initiatives with its associated losses and other noise involved in transmission process. Power quality measurement devices market is also driven by the demand for enhancing the systems power quality performance. Many commercial and industrial customers have devices that is sensitive to power turbulences, and therefore, it is more important to recognize the quality of power being delivered.

The low level of product awareness and resistance of users to the installation of latest technologies is a main concern for the utility of power quality measurement devices. Irrespective of the type of power quality measurement devices, gaining customer’s confidence is very important. The key reason behind such unwillingness is lack of awareness on the importance of the power quality measurement equipment among customers, which can be cited as the main reason for hampering the growth of the power quality measurement devices market.

Power Quality Measurement devices Market: Segmentation

Segmentation of power quality measurement devices market can be done on the basis of instrument type, current type, phase, display type, end user and region.

On the basis of instrument type, power quality measurement devices market can be segmented as

  • Wiring and grounding test devices
  • Multimeters
  • Oscilloscopes
  • Disturbance analyzers
  • Conventional analyzers
  • Graphics-based analyzers
  • Harmonic analyzers and spectrum analyzers
  • Simple meters
  • General-purpose spectrum analyzers
  • Special-purpose power system harmonic analyzers
  • Combination disturbance and harmonic analyzers
  • Flicker meters
  • Energy monitors

On the basis of current type, power quality measurement devices market can be segmented as

  • Alternating current (A.C.)
  • Direct Current (D.C.)

On the basis of phase type, power quality measurement devices market can be segmented as

  • Single phase
  • Three phase

On the basis of display type, power quality measurement devices market can be segmented as

  • Digital
  • Analogue

On the basis of end user, power quality measurement devices market can be segmented as

  • Industrial
  • Commercial and Residential

Power Quality Measurement devices Market: Regional Outlook

North America is expected to dominate the power quality measuring devices market in the near future. Moreover Europe is anticipated to hold significant share of power quality measuring devices market followed by Asia Pacific at third place and is estimated to show highest growth of power quality measurement devices market in the forecasted period. This is due to presence of countries namely India and China owing to steady growth of many manufacturing and automobile industries where power quality equipment are predominantly used due to high quality power requirement. Developing countries in Asia Pacific, Latin America and Africa where intermittent power, fluctuations in input voltage supply is a common issue is poised to be the target market of power quality management devices in the forecast period

Power Quality Measurement devices Market: Market Participants

Some of the market participants of power quality measurement devices are

  • CANDURA Instruments
  • Janitza electronics GmbH
  • PCE Deutschland GmbH
  • Fluke Corporation
  • Megger
  • Siemens AG
  • Honeywell International Inc.
  • OMICRON
  • Eaton Corporation
  • Danaher Corporation
  • General Electric
  • Schneider Electric
  • Gamma Scientific

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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