The Global Power Monitoring Market size is expected to grow at an annual average of 7% during 2021-2027. Power monitoring is a network of meters connected to the power system to provide real-time data. All electrical equipment in the facility is connected to the meter. Power monitoring systems perform several functions, such as increasing facility uptime, improving response to power-related issues, ensuring reliable power equipment operation, improving power quality, improving the lifespan of advanced equipment, preventing conductors from overheating, protecting and controlling the network, and reducing peaks. do. Requires power factor penalties and ensures compliance with energy contracts.
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A full report of Global Power Monitoring Market is available at: https://www.orionmarketreports.com/power-monitoring-market/40920/
The following Segmentation are covered in this report:
By Component:
- Hardware
- Software
- Services
By End-User
- Commercial and Industrial
- Utilities
- Others
The report covers the following objectives:
- Proliferation and maturation of trade in the global Power Monitoring Market.
- The market share of the global Power Monitoring Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Power Monitoring Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Power Monitoring Market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
