Power quality is measured according to the quality with which it is delivered to the end customers; power quality is deemed as high when it has clean sinusoidal waveforms without any spikes, sags, and other electrical disturbances. It should also be free from transients, harmonics, and other such distortions. Over the years, with the advances in technologies and equipment, power quality has become a major issue for power providers and their customers.
Based on end-user, the industrial & manufacturing segment recorded the largest market size in 2017. Globally, industrial and manufacturing activities contribute approximately 30% of the economy. Consequently, reliable, efficient, and uninterrupted power supply becomes the inevitable requirement for the industrial facilities, nowadays. Any kind of power interruption or outages can affect crucial industrial operations and can result in huge losses. Developed economies in North America and Europe are facing the heat for the poor power quality and are investing huge amounts to curb the same.
The Asia-Pacific power quality meter market is estimated to have the highest growth rate, owing to the increased urbanization & industrialization, which propel the demand for power quality meters. China dominated the global power quality meter market in 2017, on the account of extensive upgradation of electrical infrastructure and installation of new transmission & distribution lines. China and India are estimated to be the fastest growing markets for power quality meters in the region from 2018 to 2023. The figure given below indicates the market size of various regions by 2023, with their respective CAGRs during the forecast period.
The Power Quality Meter Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Power Quality Meter industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Power Quality Meter by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Power Quality Meter market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Power Quality Meter market for 2015-2027.

Key Companies
ABB
Eaton
Electro Industries/GaugeTech
GE
Schneider Electric
Accuenergy
B&K Precision
Danaher
Dranetz Technologies
Emerson
FLIR Systems
Fluke Corporation
HIOKI E.E. CORPORATION
Honeywell International
Itron
Keysight Technologies
Megger
Sensus
Siemens
Valhalla Scientific
Vitrek
Wasion Group Holding
Yokogawa Test & Measurement
ZHEJIANG YONGTAILONG ELECTRONIC

Power Quality Meter Market by Type
Single Phase
Three Phase
Power Quality Meter Market by Application
Industrial & Manufacturing
Commercial
Utilities
Transportation

At the same time, we classify Power Quality Meter according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Power Quality Meter market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Power Quality Meter market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Power Quality Meter market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Power Quality Meter market for the forecast period 2021 - 2027?
• What are the driving forces in the Power Quality Meter market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Power Quality Meter industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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