North America is expected to account for a significant share in the industrial power monitoring systems market, supported by penalty-based environmental regulations and high awareness of economic energy conservation. Future Market Insights expects a market share of 27% in 2022.
NEWARK, Del. , Aug. 22, 2022 /PRNewswire/ -- The global industrial power monitoring system market is projected to reach a value of US$ 6,534.7 Mn in 2032 while exhibiting a steady CAGR of 4.2% over the forecast period of 2022 to 2032. Driven by a growing emphasis on efficient use of power resources, the industrial power monitoring system market is expected to reach US$ 4,318.6 Mn by the end of 2022. This growth is further supplemented by the demand for increased reliability and reduction in the costs of electrical infrastructure.
The need for a distinctive power monitoring system is highlighted by the massive consumption of power by end-use industries like mining & mineral, oil & gas, and many others. Industrial power monitoring systems have the capability to communicate and monitor the components of power distribution from any place and anytime to evade critical losses. This leads to a surge in demand for industrial power monitoring systems. Moreover, the rising adoption of voluntary or compulsory energy management systems and large-scale implementation of environmental regulations against energy wastage is likely to fuel the demand for industrial power monitoring systems.
Request Sample PDF@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5588
Owing to the fact that power fluctuation can corrupt or loss of data, industrial power monitoring systems are in immense demand in different industrial sectors. The industrial power monitoring systems are likely to discover a wide range of applications in various industrial verticals, specifically in healthcare, telecommunications (for remote monitoring and notification), governmental and financial organizations where the existence of sensitive data needs zero issues and smooth operations.
"Due to its high reliability and efficiency factor, industrial power monitoring systems are registering high demand from various industries which is expected to bolster the sales of industrial power monitoring systems over the forecast period," says an FMI analyst.
Benefit of remote access and management of power resources to boost market possibilities.
Shortage of skilled resources and high investment costs may deter the sales of industrial power monitoring systems.
In 2022, North America is expected to account for a 27% market share.
Industrial power monitoring system market in Europe is to hold a 29% market share.
Asia Pacific's industrial power monitoring system market is predicted to offer many lucrative opportunities over the forecast period.
Request Customization of the Research Report@ https://www.futuremarketinsights.com/customization-available/rep-gb-5588
ABB Ltd, Emerson Electric Company, Eaton Corporation PLC, EnerNOC, Inc., General Electric Company, Honeywell International, Inc., and Rockwell Automation, Schneider Electric SE, Siemens AG, and others are some of the major players in the industrial power monitoring system market profiled in the full version of the report.
Major market players are concentrating on product development and introducing advanced industrial power monitoring systems to the market.
2.2. Market Definition / Scope / Limitations
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.4. Product Life Cycle Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer's
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.8. PESTLE and Porter's Analysis
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
Click Here for Industrial Power Monitoring System Market 294 pages TOC Report
More Insights into the Industrial Power Monitoring System Market Report
In its latest report, FMI offers an unbiased analysis of the global industrial power monitoring system market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032.
To understand the global market potential, growth, and scope, the market is segmented based on control system (programmable logic controls (PLC) industrial power monitoring system, supervisory control and data acquisition (SCADA) industrial power monitoring system, distributed control industrial power monitoring system (DCS)), technology (meter data management (MDM) industrial power monitoring system, peak load control system (PLCS) industrial power monitoring system, demand response management solution (DRMS) industrial power monitoring system, energy management information system (EMIS) industrial power monitoring system), application (mining and metals, power generation and transmission, oil and gas, data centers and server rooms, general manufacturing), and region.
According to the latest FMI reports, based on region, the industrial power monitoring system market in North America is expected to present considerable growth and account for nearly 27% of the market share. Elevated government investments in power infrastructures coupled with the rising necessity to improve system reliability and lessen equipment malfunctions, power spikes, and shutdowns are driving the demand for industrial power monitoring systems in this region.
In Europe , the industrial power monitoring system market is likely to hold a 29% market share. This growth is attributed to the increasing demand for industrial power monitoring systems from the expanding data centers. Mounting investments in electric vehicles in countries like Italy , Germany , and the U.K. also promotes market growth in this region.
The Asia Pacific industrial power monitoring system market is projected to witness impressive growth over the forecast period. The growth in this market is primarily driven by China's rapid adoption of smart meters for electricity consumption.
Ask Us Your Questions about The Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-5588
Explore wide-ranging Coverage of FMI's Industrial Automation Market Insights Landscape
Conveyor System Market - Conveyor System Market By Product Type (Belt Conveyor, Roller Conveyor, Pallet Conveyor, Others), Operation Type (Manual, Semi-Automatic, Automatic), Application Type (Packaging & Warehouse Distribution, Textile & Paper, Construction & Mining, Automotive & Transportation ) & Region - Forecast 2021 - 2031
Compact Power Equipment Rental Market -Compact Power Equipment Rental Market: Global Industry Analysis, Size, Share, Growth and Forecast to 2030 by FMI
Industrial Pumps Market -Industrial Pumps Market: Asia Pacific Industry Analysis, Size, Share, Growth and Forecast to 2020 by FMI
Industrial Wireless Broken Signal Solutions Market -Market Insights on Industrial Wireless Broken Signal Solutions covering sales outlook, demand forecast & up-to-date key trends
Industrial Robotics Market -As per Future Market Insights (FMI), sales in the global industrial robotics market are expected to total US$ 33.75 Bn by 2022, rising at a CAGR of 19.2% during the forecast period 2022-2028.
Industrial Weighing Equipment Market –A recent FMI study shows the effect of COVID-19 on Industrial Weighing Equipment Market: Global Industry Analysis and Review of Industrial Weighing Equipment Market for 2020-2030
Power Device Analyzer Market -Power Device Analyzer Market by Type (Both AC and DC, AC, and DC), Current (Below 1000 A and Above 1000 A), End User (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical, and Others), & Region - Forecast to 2022 - 2032
Power Tools Market –Power Tools Market By Product Type (Drilling Tool, Fastening Tool, Heat Gun), Technology (Electric, Corded, Cordless, Pneumatic) & Region - Forecast 2021-2031
Integrated Gas System Market - Integrated Gas System Market By Valve Type (Pneumatic Valve, Manual Valve, Metering Valve, Check Valve), Seal Type (W-seal, C-seal, Face-seal), Application (Lithography, Etching, Chemical Vapor Deposition, Ionization, Oxidation), & Region Forecast to 2022-2032
Truck Mounted Cranes Market - Truck Mounted Cranes Market by Product Type (Stiff Boom, Knuckle Boom), Drive (Electrical, Mechanical, Hydraulic), Lifting Capacity (Below 15 Ton, 15 to 30 Ton, 30 to 50 Ton, Above 50 Ton), End Use (Industrial, Commercial, Infrastructure), & Region Forecast to 2022 – 2032
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-845-579-5705 Report: https://www.futuremarketinsights.com/reports/industrial-power-monitoring-system-market For Sales Enquiries: sales@futuremarketinsights.com Browse all Reports: https://www.futuremarketinsights.com/reports LinkedIn| Twitter| Blogs
Logo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/emphasis-on-efficient-power-utilization-drives-industrial-power-monitoring-system-market-to-us-6-534-7-mn-in-2032--future-market-insights-inc-301609790.html
The major stock market indexes relinquished morning gains in afternoon trading on Friday, dropping to lows for the day. Market players hit the exits on news that Russia will suspend natural gas pipeline shipments to Germany. The Nasdaq changed course, now down 0.5%. The S&P 500 has shed 0.2% while the Dow Jones Industrial Average has dropped 0.2%. The Russell...
In this article, we will discuss some of the best stocks to buy according to Dave Smith, Chief Investment Officer at investment management company Rockland Trust. If you want to explore similar stocks, you can also look at Long-Term Analyst: Buy These 5 Stocks. David Smith has been in the financial services industry for over […]
Follow Buffett’s lead. And collect big dividends too.
Electric vehicle (EV) charging network company ChargePoint Holdings (NYSE: CHPT) gave investors a mixed fiscal 2023 second-quarter earnings report earlier this week. ChargePoint exceeded the high end of its prior guidance for revenue. The company had told investors to expect revenue of between $96 million and $106 million for the period, and it achieved $108.3 million in sales.
Hotels were a great buy during COVID-19. Now that growth story is over, and I've bought shares of a fast-grower in South America.
(Reuters) -Private equity firm Oak Street Real Estate Capital LLC has made an offer to acquire as much as $2 billion of property from Kohl's Corp and have the U.S. retailer lease back its stores, according to people familiar with the matter. Oak Street's interest offers Kohl's another chance to cut a deal after negotiations to sell itself to Franchise Group Inc, owner of the Vitamin Shoppe, for almost $8 billion fell through in July over the department store operator's deteriorating business prospects. Oak Street had sought to help finance Franchise Group's bid.
U.S. stocks fell sharply on Friday, surrendering all of the gains from a post-jobs report rally ahead of the Labor Day holiday weekend.
Cathie Wood's ARK Invest cut its stake in Nvidia ahead of the graphic chipmaker's results last month. Now it's snapped up the stock which has dropped to a 52-week low.
Aurora Cannabis, Canopy Growth, OrganiGram Holdings, and Tilray Brands are all in the red yet again today.
Recently, Zacks.com users have been paying close attention to Energy Transfer LP (ET). This makes it worthwhile to examine what the stock has in store.
Nio's August deliveries soared year over year, but there are plenty of clouds on the horizon too.
Chinese stocks have come under pressure for various reasons over the past year and a half or so; a slowing economy has been one cause while domestic tussles with the regulators haven’t helped either, particularly for those in the tech sector. Another element keeping sentiment low and impacting performance has been the fear of de-listing for U.S.-listed Chinese stocks. This is on account of Chinese companies not meeting U.S. auditing standards. But the prospects of de-listing might be less likely
Orchid Island Capital Corp. (NYSE: ORC) is a finance company that acquires, invests in and offers financing from U.S. residential mortgage-backed securities (MBS). The Florida mortgage real estate investment trust (REIT) initiated an IPO in March 2013 at a price of $14.50. Its monthly dividend of $0.135 returned an approximate annual yield of 11%. However, in the last few years, the stock price has floundered, and ORC has reduced its dividend payment several times. Orchid’s price had recently be
Investors need to pay close attention to Upstart (UPST) stock based on the movements in the options market lately.
For years, people have kept an eye on what stock market pros like Warren Buffett, Ray Dalio, and others were buying. In recent years, Cathie Wood, CEO of ARK Invest, rose to prominence as her ARK Innovation exchange-traded fund (ETF) skyrocketed in value with timely investments in companies like Tesla, Roku, and Coinbase Global. Wood was active in August, adding to several long-standing positions in the ARK Innovation ETF.
Ready to go bottom fishing again? Any good angler can tell you that there’s plenty of good eating just waiting at the bottom of the creek, or the pond, or the lake. The same concept also holds for stocks – investors can always find some quality equities down at the market bottoms. Stocks get down there for a multitude of reasons, and the reasons aren’t always related to any fundamental flaw in the company or its share trading policies. Sometimes, it’s some idiosyncratic business move, or over-re
The S&P 500 is on track to book its biggest blown lead since April as the broad-market index is down nearly 1% in the last hour of trading on Friday, as news of a prolonged halt of natural gas flows through a key Russian pipeline rattles global markets, causing stocks to shake off earlier gains. The S 500 is down 28 points, or 0.7%, to 3,937 in recent trade, after being up 1.3% at the highs. The Dow Jones Industrial Average has shed 210 points, or 0.7%, to 31,445.24, reversing an earlier gain of
Fast-growing cybersecurity company CrowdStrike (NASDAQ: CRWD) reported strong fiscal second-quarter results earlier this week. Its fiscal second-quarter revenue and adjusted earnings per share both came in higher than analysts' consensus forecasts, as annual recurring revenue soared 59% year over year, surpassing $2 billion for the first time. While it's true that CrowdStrike's business has been firing on all cylinders, there has been significant pressure on growth stocks in 2022 as investors appear to be more sensitive to valuation risk.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. Relatively few advisers are focusing on this outcome — at least among the more than 100 I regularly monitor.
SQM (SQM) could produce exceptional returns because of its solid growth attributes.