The global power monitoring market is projected to reach USD 5.2 billion by 2024 from an estimated USD 3.8 billion in 2019, at a CAGR of 6.1% during the forecast period.
The hardware segment is expected to hold the largest share of the power monitoring market, by component, during the forecast period
The global power quality equipment market is valued at USD 29.74 Billion in 2017, and is expected to grow at a CAGR of 6.56%, from 2017 to 2022.
The global market is set to witness a significant growth due to increasing investments in smart grids and the renewable sector and increasing focus on efficient utilization of resources.
The global market is set to witness a significant growth due to increasing investments in smart grids and the renewable sector and increasing focus on efficient utilization of resources.
The global market is set to witness a significant growth due to increasing investments in smart grids and the renewable sector and increasing focus on efficient utilization of resources.