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The report "Power Monitoring Market by Component (Hardware, Software, and Services) Authentic Von Miller Jersey , End-User (Manufacturing & Process Industry, Datacenters, Utilities & Renewables, Public Infrastructure, and Electric Vehicle Charging Stations), and Region - Global Forecast to 2022" Von Miller Jersey , The power monitoring market is expected to grow from an estimated value of USD 3.46 Billion in 2017 to USD 4.57 Billion by 2022, at a CAGR of 5.76%, 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.


Browse 62 Market Data Tables and 56 Figures spread through 152 Pages and in-depth TOC on "Power Monitoring Market - Global Forecast to 2022"


The hardware segment is expected to hold the largest share of the power monitoring market, by component, during the forecast period


The hardware segment includes metering and communication devices and measurement devices, such as, digital meters, power meters, smart meters, communication networks, power quality analyzers, loggers#7# recorders, sensors, current transformers, and voltage transformers. The segment is expected to hold the major share due to the smart meter rollout plans and increasing investments in smart grids in regions, such as Asia-Pacific and North America. The market in North America is the largest market for the hardware segment because of investments in the transmission and distribution sector, increasing demand for reliable power#8# and growth in electric vehicles. All these factors are expected to boost the hardware segment in the power monitoring market.


Download PDF Brochure @


The datacenters segment is expected to be the fastest growing end-user segment of the power monitoring market


The datacenters segment is expected to be the fastest growing power monitoring market from 2017 to 2022 due to the growth in digitization, the growth of IT hubs, and use of data-centric industrial processes worldwide. Moreover, datacenters are dynamic in nature as they are driven by new technologies in the IT sector and constantly changing data requirements. The 24*7 uptime of the datacenter is expected to require the entire system to work with reliable and uninterrupted power supply. All these factors are expected to drive the growth of the datacenters segment of the power monitoring market in the coming years.


The report鈥檚 target audience includes:
鈥?Power monitoring system manufacturers and suppliers
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