"Actionable Insights to Fuel Your Growth"

Power Quality Meter Market Size, Share & Industry Analysis, By Phase (Single-phase, Three-phase), By End-user (Industrial & Manufacturing, Commercial, Utilities, Transportation, Others), By Application (Distribution Panels, Substation Monitoring, Equipment, Others) And Regional Forecast, 2024-2032

Region : Global | Report ID: FBI105676 | Status : Ongoing



A power quality meter is considered an ideal choice when continuous monitoring of a three-phase system is required.  It provides metering for current, voltage, real and reactive power energy use, cost of power, power factor, and frequency. Power quality alludes to the ability of electrical equipment to consume the energy being supplied to it. Several power quality issues including electrical harmonics, poor power factor, voltage instability, and imbalance impact the efficiency of electrical equipment. Power quality meters primarily find major applications in industries & manufacturing facilities.

The meters are installed at the incoming of the power source to monitor the distortions in voltage and harmonics. Any distortions and fluctuations are harmful to the equipment such as motors, servers, and others. Power quality meters are used extensively to prevent damages to expensive and critical equipment. The increasing industrial growth across the developed and developing regions would in turn raise the demand for power quality meters.

By phase, the market is segregated into single-phase and three phases. The three-phase segment is expected to dominate the market owing to its extensive use in commercial and industrial facilities to accommodate higher loads and it delivers power at a steady & constant rate. 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.

By application, the market is classified into distribution panels, substation monitoring, equipment, and others. The growing demand for primary protection of critical equipment from voltage interruption is driving the market. By end-user, the market is segmented into industrial & manufacturing, commercial, utilities, transportation, and others. The industrial & manufacturing segment recorded the largest market size. Globally, industrial and manufacturing activities contribute to the economy. Consequently, reliable, efficient, and uninterrupted power supply becomes the inevitable requirement for industrial facilities, nowadays.

The increase of power consumption is considered as a core driving factor with that industrial manufacturing & processing sector worldwide also act as a key driver in the market. It is the largest consumer of electricity, followed by transportation, residential and commercial sectors.  The need for high capacity and efficient electric power supply systems to servers, data centers, and other power-related infrastructure helps in boosting the segment growth.

Any kind of power interruption or outages can affect crucial industrial operations and can result in huge losses. The resistance of end-users toward the installation of new technologies is a major concern for utilities. Irrespective of the type of power quality meters, gaining customer’s confidence is very important. The prime reason behind such reluctance is the lack of awareness on the importance of quality measurement and testing equipment among consumers, which is the biggest barrier hindering the growth of the market.

Key Market Driver -

Continuous Increase of power consumption

Key Market Restraint -

Lack of awareness regarding power quality meter

Key Players Covered:

The major players operating in the power quality meter market are ABB Ltd., Siemens AG, Schneider Electric SE, Emerson Electric Company, Eaton Corporation, Plc, General Electric Company, Active Power, Inc., MTE Corporation, Smith’s Group plc., Toshiba Corporation, and others.

Regional Analysis:

The global power quality meter market has been segregated into five key regions including North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. North America is expected to dominate the overall power quality equipment market owing to the increasing digitization of the telecommunication industry. Additionally, increasing awareness pertaining to environmental safety and sustainability is further expected to drive market growth.

To gain extensive insights into the market, Request for Customization





By Phase

  • Single-phase

  • Three-phase


By End-user

  • Industrial & Manufacturing

  • Commercial

  • Utilities

  • Transportation

  • Others


By Application

  • Distribution Panels

  • Substation Monitoring

  • Equipment

  • Others



By Geography

  • North America (US and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (GCC, South Africa, and Rest of the Middle East & Africa)


  • In December 2020, ABB launched low-voltage products that provide the next level safety and quality for optimized energy.

  • In October 2018, Portland General Electric Co. built smart meters in three Oregon towns to carry out advanced automation distribution technologies to upgrade service quality.

  • In August 2017, Aclara Technologies LLC, who is a provider of smart infrastructure solutions acquired the equity interest in General Electric Philippines Meter so as to develop a joint venture to expand electric distribution.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients


Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.