Power Management System Market - Global Forecast to 2022

Dublin, April 09, 2018 (GLOBE NEWSWIRE) -- The "Power Management System Market by Type (Hardware, Software, Services), Module (Power Monitoring, Load Shedding, Power Simulator, Generator Controls), End-User (Oil & Gas, Marine, Metals & Mining, Data Centers), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The Power Management System Market is Projected to Grow from An Estimated USD 3.77 Billion in 2017 to USD 5.26 Billion By 2022, at a CAGR of 6.88%, from 2017 to 2022.

The power management system market is projected to grow at a CAGR of 6.88%, from 2017 to 2022.

The increasing demand for energy efficiency in the manufacturing sector, shale oil & gas boom in North America, and rising adoption of IoT and cloud-based platforms are driving the market across the world. The risk to data security is a major restraint for the power management system market.

The software segment is expected to hold the largest share of the power management system market, by type, during the forecast period.

The software segment is expected to dominate the power management system market during the forecast period. The upgradation of existing software and increased use of IoT and cloud platforms are the major drivers of the software segment in the power management system market. Asia Pacific is expected to be the largest in the power management system market during the forecast period.

Asia Pacific: The largest market for power management system.

Asia Pacific is the largest market for power management systems. Government incentives for manufacturing industries are likely to enhance investments and increase the need for power, thereby boosting the demand for power management systems in Asia Pacific. China, India, and South Korea are expected to grow at a fast pace during the forecast period.

The leading players in the power management system market are ABB (Switzerland), Siemens AG (Germany), Eaton (Ireland), GE (US), and ETAP (US).

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Power Monitoring Market, By Region
4.2 Power Monitoring Market, By Component
4.3 Power Monitoring Market, By Hardware Component
4.4 Power Monitoring Market, By End-User
4.5 North America Power Monitoring Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Focus on Efficient Utilization of Power Resources
5.2.1.2 Growing Attention to Reduce Energy Cost
5.2.1.3 Maximizing the Reliability of Electrical Infrastructure
5.2.2 Restraints
5.2.2.1 High Cost of High-End Monitoring Devices
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Smart Grid Technologies
5.2.3.2 Growing Urbanization and Industrialization
5.2.4 Challenges
5.2.4.1 Availability of Alternatives Such as Energy Management System
5.2.4.2 Lack of Compatibility With Existing Components
5.3 Supply Chain Analysis
5.3.1 Suppliers
5.3.2 Enablers
5.3.3 End-Users

6 Power Monitoring Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Metering and Communication Devices
6.2.2 Measurement Devices
6.3 Software
6.4 Services

7 Power Monitoring Market, By End-User
7.1 Introduction
7.2 Manufacturing and Process Industry
7.3 Datacenters
7.4 Utilites and Renewables
7.5 Public Infrastructure
7.6 Electric Vehicles Charging Stations

8 Power Monitoring Market, By Region

9 Competitive Landscape
9.1 Overview
9.2 Market Ranking, Power Monitoring Market, 2016
9.3 Power Monitoring Market (Global): Competitive Leadership Mapping, 2017
9.3.1 Visionary Leaders
9.3.2 Innovators
9.3.3 Dynamic Differentiators
9.3.4 Emerging Companies
9.4 Strength of Product Portfolio (25 Players)
9.5 Business Strategy Excellence (25 Players)

10 Company Profiles

• ABB Ltd
• Eaton Corporation PLC
• Emerson Electric Co.
• Fluke Corporation
• Fuji Electric FA Components & Systems Co., Ltd.
• General Electric Company
• Littelfuse, Inc.
• Mitsubishi Electric Corporation
• Omron Corporation
• Rockwell Automation, Inc.
• Schneider Electric SE
• Siemens AG
• Yokogawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/research/tj7lxs/power_management?w=12

                    
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