Power Monitoring Market to Reach USD 4062.5 Million by 2026 at CAGR 3.3% - Valuates Reports
Power Monitoring Market is Segmented
by Type (Hardware, Software, Services),
by Application (Manufacturing Industry, Data Center, Utilities & Renewables, Public Infrastructure, Electric Vehicle Charging Stations). The report covers global opportunity analysis and industry forecast from 2021 to 2027. It is published on
Valuates Reports in the
Energy & Utilities Category.
The global Power Monitoring market is projected to reach USD 4062.5 million by 2026, from USD 3145.7 million in 2019, at a CAGR of 3.3% during the forecast period 2021-2026.
Major factors driving the growth of power monitoring market are:
Governments across the globe have enacted several supportive policies to increase emphasis on effective power resource usage, cost reduction, and electrical infrastructure reliability.