Power Quality Meter Market by application (Distribution Panels, Substation Monitoring, Equipment, and others), by End-User (Industrial, Commercial, Utility, Transportation and Others), by Phase and by Region - Global trends & forecasts to 2021
Seattle, WA -- (SBWIRE) -- 05/03/2017 -- The report segments the power quality meter market on the basis of phase into single and three phase. The three phase power quality meter segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing investments in transmission & distribution infrastructure, renewable power plants, and industrial & infrastructural activities. However, the demand for single phase power quality meters is also set to increase as these are handheld and are portable, which gives them the edge over the three phase meters and as such are extensively used by electricians.
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The ecosystem of the power quality meter market consists of the various stages, namely, raw material suppliers providing the various electrical components such as fiber ports, communication modules and others, meter manufacturers, deployment services, end-users, and post sales service provider. The components are manufactured and assembled according to the required specification of end-users by the meter manufacturer. The final product is configured before the final packaging of the product. The product is then introduced in the market through the process of distribution, marketing, and sales.
Power quality meter manufacturers, dealers, and suppliers
Raw material providers
Consulting companies in power sector
Government and research organizations
Government utility providers
Private utility providers
Venture capital firms
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