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Report
Europe Power Quality Meter Market Research Report Forecast to 2030
Market Report I 2023-07-13 I 98 Pages I Market Research Future
Europe Power Quality Meter Market Research Report Forecast to 2030
Major Players
The Europe power quality meter market is rapidly growing due to a consistent rise in power consumption and increased energy and cost savings. Furthermore, the adoption of power quality meters in industrial applications, and government efforts to promote electrification in Europe to achieve decarbonization are likely to present a growth opportunity for the players in the global market.
A power quality meter is an ideal choice when continuous monitoring of a three-phase system is required. It provides metering for voltage, current, real, and reactive power energy use, frequency, and power factor. Power quality refers to the ability of electrical equipment to consume the energy being delivered to it. Several power quality issues including electrical harmonics, voltage instability, poor power factor, and imbalance impact the efficiency of electrical equipment.
Market Segmentation
The Europe power quality meter market has been segmented based on application, end user, phase, technology, and country. Based on application, the Europe power quality meter market has been segmented into distribution panel, substation monitoring, equipment, and others. The equipment segment is expected to grow at 6.3% CAGR during the forecast period. In 2021, the equipment segment held 36.9% of the Europe power quality meter market.
Based on end user, the Europe power quality meter market has been segmented into industrial manufacturing, commercial, utility, transportation and others.
The industrial manufacturing segment is expected to grow at 5.5% CAGR during the forecast period. In 2021, the industrial manufacturing segment held a 32.1% share of the Europe power quality meter market.
Based on phase, the Europe power quality meter market has been segmented into single phase, and three phase. The three-phase segment is expected to grow at 6.1% CAGR during the forecast period. In 2021, the three-phase segment held 59.0% of the Europe power quality meter market.
Major Players
Siemens, EDMI Limited, General Electric, Schneider Electric, Eaton Corporation, Honeywell International Inc, Janitza electronics GmbH, Entes, HT Italia S.r.l., Elspec are some of the key players operating in the global market. These
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
1.1 EUROPE POWER QUALITY METER MARKET, BY APPLICATION 15
1.2 EUROPE POWER QUALITY METER MARKET, BY END USER 16
1.3 EUROPE POWER QUALITY METER MARKET, BY PHASE 17
1.4 EUROPE POWER QUALITY METER MARKET, BY COUNTRY 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 24
3.5 FORECAST MODEL 25
3.6 LIST OF ASSUMPTIONS 26
4 MARKET DYNAMICS 27
4.1 OVERVIEW 27
4.2 DRIVERS 28
4.2.1 CONSISTENT RISE IN POWER CONSUMPTION 28
4.2.2 INCREASED ENERGY AND COST SAVINGS 28
4.3 RESTRAINTS 29
4.3.1 HIGH COST OF INSTALLATION AND OPERATION 29
4.4 OPPORTUNITIES 30
4.4.1 ADOPTION OF POWER QUALITY METERS IN INDUSTRIAL APPLICATIONS 30
4.4.2 GOVERNMENT EFFORTS TO PROMOTE ELECTRIFICATION IN EUROPE TO ACHIEVE DECARBONIZATION 31
4.5 IMPACT ANALYSIS OF COVID-19 31
4.5.1 IMPACT ON THE ENERGY & POWER INDUSTRY 31
4.5.2 ECONOMIC IMPACT 32
4.5.3 IMPACT ON THE POWER QUALITY METERS MARKET 32
4.5.4 IMPACT ON THE SUPPLY CHAIN OF THE ENERGY & POWER MARKET 32
4.5.4.1 PRICE VARIATION OF KEY RAW MATERIALS 32
4.5.4.2 PRODUCTION SHUTDOWN 32
4.5.4.3 CASH FLOW CONSTRAINTS 33
4.5.4.4 IMPACT ON IMPORT/EXPORT 33
4.5.5 IMPACT ON MARKET DEMAND FOR POWER QUALITY METERS 34
4.5.5.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN 34
4.5.5.2 CONSUMER SENTIMENTS 34
4.5.6 IMPACT ON PRICING OF POWER QUALITY METERS 34
5 MARKET FACTOR ANALYSIS 35
5.1 SUPPLY CHAIN ANALYSIS 35
5.1.1 DESIGN & DEVELOPMENT 36
5.1.2 RAW MATERIAL & COMPONENT SUPPLY 36
5.1.3 MANUFACTURING & ASSEMBLY 36
5.1.4 SALES & DISTRIBUTION 36
5.1.5 END USERS 36
5.2 PORTER'S FIVE FORCES MODEL 37
5.2.1 THREAT OF NEW ENTRANTS 37
5.2.2 BARGAINING POWER OF SUPPLIERS 38
5.2.3 THREAT OF SUBSTITUTES 38
5.2.4 BARGAINING POWER OF BUYERS 38
5.2.5 INTENSITY OF RIVALRY 38
6 EUROPE POWER QUALITY METER MARKET, BY APPLICATION 39
6.1 OVERVIEW 39
6.2 DISTRIBUTION PANEL 40
6.3 SUBSTATION MONITORING 41
6.4 EQUIPMENT 41
6.5 OTHERS 41
7 EUROPE POWER QUALITY METER MARKET, BY END USER 42
7.1 OVERVIEW 42
7.2 INDUSTRIAL MANUFACTURING 43
7.3 COMMERCIAL 44
7.4 UTILITY 44
7.5 TRANSPORTATION 44
7.6 OTHERS 45
8 EUROPE POWER QUALITY METER MARKET, BY PHASE 46
8.1 OVERVIEW 46
8.2 SINGLE PHASE 47
8.3 THREE PHASE 47
9 EUROPE POWER QUALITY METER MARKET, BY COUNTRY 48
9.1 OVERVIEW 48
9.2 GERMANY 50
9.3 UK 51
9.4 FRANCE 52
9.5 ITALY 53
9.6 SPAIN 54
9.7 RUSSIA 55
9.8 REST OF EUROPE 56
10 COMPETITIVE LANDSCAPE 57
10.1 COMPETITIVE OVERVIEW 57
10.2 COMPETITIVE BENCHMARKING 58
10.3 MARKET SHARE ANALYSIS 59
10.3.1 EUROPE POWER QUALITY METER MARKET SHARE ANALYSIS, 2021 % 59
10.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES 59
10.4.1 COLLABORATION 59
10.4.2 EXPANSION 59
10.4.3 ACQUISITION 60
10.4.4 PRODUCT LAUNCH/DEVELOPMENT 60
10.4.5 PARTNERSHIP 61
11 COMPANY PROFILES 62
11.1 EATON CORPORATION 62
11.1.1 COMPANY OVERVIEW 62
11.1.2 FINANCIAL OVERVIEW 63
11.1.3 PRODUCTS OFFERED 63
11.1.4 KEY DEVELOPMENTS 64
11.1.5 SWOT ANALYSIS 65
11.1.6 KEY STRATEGIES 65
11.2 SIEMENS 66
11.2.1 COMPANY OVERVIEW 66
11.2.2 FINANCIAL OVERVIEW 67
11.2.3 PRODUCTS OFFERED 68
11.2.4 KEY DEVELOPMENTS 68
11.2.5 SWOT ANALYSIS 69
11.2.6 KEY STRATEGIES 69
11.3 GENERAL ELECTRIC 70
11.3.1 COMPANY OVERVIEW 70
11.3.2 FINANCIAL OVERVIEW 70
11.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 71
11.3.4 KEY DEVELOPMENTS 71
11.3.5 SWOT ANALYSIS 72
11.3.6 KEY STRATEGIES 72
11.4 SCHNEIDER ELECTRIC 73
11.4.1 COMPANY OVERVIEW 73
11.4.2 FINANCIAL OVERVIEW 74
11.4.3 PRODUCTS OFFERED 74
11.4.4 KEY DEVELOPMENTS 75
11.4.5 SWOT ANALYSIS 75
11.4.6 KEY STRATEGIES 76
11.5 ELSPEC 77
11.5.1 COMPANY OVERVIEW 77
11.5.2 FINANCIAL OVERVIEW 77
11.5.3 PRODUCTS OFFERED 77
11.5.4 KEY DEVELOPMENTS 77
11.5.5 SWOT ANALYSIS 78
11.5.6 KEY STRATEGIES 78
11.6 HONEYWELL INTERNATIONAL INC. 79
11.6.1 COMPANY OVERVIEW 79
11.6.2 FINANCIAL OVERVIEW 80
11.6.3 PRODUCTS OFFERED 80
11.6.4 KEY DEVELOPMENTS 81
11.6.5 SWOT ANALYSIS 81
11.6.6 KEY STRATEGIES 82
11.7 JANITZA ELECTRONICS GMBH 83
11.7.1 COMPANY OVERVIEW 83
11.7.2 FINANCIAL OVERVIEW 83
11.7.3 PRODUCTS OFFERED 83
11.7.4 KEY DEVELOPMENTS 84
11.7.5 SWOT ANALYSIS 84
11.7.6 KEY STRATEGIES 84
11.8 ENTES ELECTRONICS 85
11.8.1 COMPANY OVERVIEW 85
11.8.2 FINANCIAL OVERVIEW 85
11.8.3 PRODUCTS OFFERED 85
11.8.4 KEY DEVELOPMENTS 85
11.8.5 SWOT ANALYSIS 86
11.8.6 KEY STRATEGIES 86
11.9 EDMI LIMITED 87
11.9.1 COMPANY OVERVIEW 87
11.9.2 FINANCIAL OVERVIEW 87
11.9.3 PRODUCTS OFFERED 87
11.9.4 KEY DEVELOPMENTS 87
11.9.5 SWOT ANALYSIS 88
11.9.6 KEY STRATEGIES 88
11.10 HT ITALIA S.R.L. 89
11.10.1 COMPANY OVERVIEW 89
11.10.2 FINANCIAL OVERVIEW 89
11.10.3 PRODUCTS OFFERED 89
11.10.4 KEY DEVELOPMENTS 89
11.10.5 SWOT ANALYSIS 90
11.10.6 KEY STRATEGIES 90
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LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 26
TABLE 2 EUROPE POWER QUALITY METER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 40
TABLE 3 EUROPE POWER QUALITY METERS MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 43
TABLE 4 EUROPE POWER QUALITY METER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 47
TABLE 5 EUROPE POWER QUALITY METER MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 49
TABLE 6 GERMANY AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 50
TABLE 7 GERMANY AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 50
TABLE 8 GERMANY AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 50
TABLE 9 UK AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 51
TABLE 10 UK AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 51
TABLE 11 UK AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 51
TABLE 12 FRANCE AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 52
TABLE 13 FRANCE AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 52
TABLE 14 FRANCE AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 52
TABLE 15 ITALY AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 53
TABLE 16 ITALY AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 53
TABLE 17 ITALY AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 53
TABLE 18 SPAIN AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 54
TABLE 19 SPAIN AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 54
TABLE 20 SPAIN AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 54
TABLE 21 RUSSIA AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 55
TABLE 22 RUSSIA AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 55
TABLE 23 RUSSIA AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 55
TABLE 24 REST OF EUROPE AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2030 (USD MILLION) 56
TABLE 25 REST OF EUROPE AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY END USER, 2018-2030 (USD MILLION) 56
TABLE 26 REST OF EUROPE AUTOMOTIVE INVERTER MARKET ESTIMATES & FORECAST, BY PHASE, 2018-2030 (USD MILLION) 56
TABLE 27 COLLABORATION 59
TABLE 28 EXPANSION 59
TABLE 29 ACQUISITION 60
TABLE 30 PRODUCT LAUNCH/DEVELOPMENT 60
TABLE 31 PARTNERSHIP 61
TABLE 32 EATON CORPORATION: PRODUCTS OFFERED 63
TABLE 33 EATON CORPORATION: KEY DEVELOPMENTS 64
TABLE 34 SEIMENS: PRODUCTS OFFERED 68
TABLE 35 SIEMENS: KEY DEVELOPMENTS 68
TABLE 36 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 71
TABLE 37 GENERAL ELECTRIC: KEY DEVELOPMENTS 71
TABLE 38 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 74
TABLE 39 SCHNEIDER ELECTRIC: KEY DEVELOPMENTS 75
TABLE 40 ELSPEC: PRODUCTS OFFERED 77
TABLE 41 HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED 80
TABLE 42 HONEYWELL INTERNATIONAL INC.: KEY DEVELOPMENTS 81
TABLE 43 JANITZA ELECTRONICS GMBH: PRODUCTS OFFERED 83
TABLE 44 ENTES ELECTRONICS: PRODUCTS OFFERED 85
TABLE 45 EDMI LIMITED: PRODUCTS OFFERED 87
TABLE 46 EDMI LIMITED: KEY DEVELOPMENTS 87
TABLE 47 HT ITALIA S.R.L.: PRODUCTS OFFERED 89
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LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 14
FIGURE 2 EUROPE POWER QUALITY METER MARKET ANALYSIS, BY APPLICATION 15
FIGURE 3 EUROPE POWER QUALITY METER MARKET ANALYSIS, BY END USER 16
FIGURE 4 EUROPE POWER QUALITY METER MARKET ANALYSIS, BY PHASE 17
FIGURE 5 EUROPE POWER QUALITY METER MARKET ANALYSIS, BY COUNTRY 18
FIGURE 6 EUROPE POWER QUALITY METER MARKET: STRUCTURE 20
FIGURE 7 RESEARCH PROCESS 21
FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 24
FIGURE 9 MARKET DYNAMICS: EUROPE POWER QUALITY METER MARKET 27
FIGURE 10 DRIVERS: IMPACT ANALYSIS 29
FIGURE 11 RESTRAINT: IMPACT ANALYSIS 30
FIGURE 12 SUPPLY CHAIN ANALYSIS: EUROPE POWER QUALITY METER MARKET 35
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS: EUROPE POWER QUALITY METER MARKET 37
FIGURE 14 EUROPE POWER QUALITY METER MARKET, BY APPLICATION, 2021 (% SHARE) 39
FIGURE 15 EUROPE POWER QUALITY METER MARKET, BY APPLICATION, 2018 TO 2030 (USD MILLION) 39
FIGURE 16 EUROPE POWER QUALITY METER MARKET, BY END USER, 2021 (% SHARE) 42
FIGURE 17 EUROPE POWER QUALITY METERS MARKET, BY END USER, 2018 TO 2030 (USD MILLION) 42
FIGURE 18 EUROPE POWER QUALITY METER MARKET, BY PHASE, 2021 (% SHARE) 46
FIGURE 19 EUROPE POWER QUALITY METER MARKET, BY PHASE, 2018 TO 2030 (USD MILLION) 46
FIGURE 20 EUROPE POWER QUALITY METER MARKET, BY COUNTRY, 2021 (% SHARE) 48
FIGURE 21 EUROPE POWER QUALITY METER MARKET, BY COUNTRY, 2018 TO 2030 (USD MILLION) 49
FIGURE 22 BENCHMARKING OF MAJOR COMPETITORS 58
FIGURE 23 EUROPE POWER QUALITY METER MARKET SHARE ANALYSIS 59
FIGURE 24 EATON CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 63
FIGURE 25 EATON CORPORATION: SWOT ANALYSIS 65
FIGURE 26 SIEMENS: FINANCIAL OVERVIEW SNAPSHOT 67
FIGURE 27 SIEMENS: SWOT ANALYSIS 69
FIGURE 28 GENERAL ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT 70
FIGURE 29 GE: SWOT ANALYSIS 72
FIGURE 30 SCHNIEDER ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT 74
FIGURE 31 SCHNEIDER ELECTRIC: SWOT ANALYSIS 75
FIGURE 32 ELSPEC: SWOT ANALYSIS 78
FIGURE 33 HONEYWELL INTERNATIONAL INC.: FINANCIAL OVERVIEW SNAPSHOT 80
FIGURE 34 HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS 81
FIGURE 35 JANITZA ELECTRONICS GMBH: SWOT ANALYSIS 84
FIGURE 36 ENTES ELECTRONICS: SWOT ANALYSIS 86
FIGURE 37 EDMI LIMITED: SWOT ANALYSIS 88
FIGURE 38 HT ITALIA S.R.L.: SWOT ANALYSIS 90
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