Power Monitoring & Control Software Market size to grow by USD 3,433.02M

NEW YORK, May 19, 2023 /PRNewswire/ — The latest report on the power monitoring and control software market, 2023-2027 estimates to register an incremental growth of USD 3433.02 million, at a CAGR of 5.59% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The rising use of solar and wind-generated power is notably driving the market growth, although factors such as concerns over cyber threats may impede the market growth. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Power Monitoring And Control Software Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., Fortive Corp., Fuji Electric Co. Ltd., General Electric Co., Honeywell International Inc., ITRS Group Ltd., Legrand SA, Littelfuse Inc., Mitsubishi Electric Corp., OMRON Corp., Packet Power LLC, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Tata Sons Pvt. Ltd., Tenzing Corp., Vertiv Holdings Co., and Yokogawa Electric Corp. are among some of the major market participants.

global.abb- The company offers steel tubes of various shapes and sizes based on individual customer needs, offering round, square, rectangular, oval, semi-oval, octagonal, elliptical and special shaped steel tubes for precision applications.

eaton.com- The company offers steel tubes that includes a range of precision steel tubes with the entire range of seamless and welded precision, steel and stainless steel tubes in the dimension range from around 0.25 x 0.05 mm to 660 x 100 mm.

ge.com- The company offers steel tubes that are used for applications in digesters, fluid piping, LP/HP heaters and other evaporators.

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Power Monitoring and Control Software Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Power Monitoring and Control Software Market 2023-2027 SizePower Monitoring and Control Software Market 2023-2027 TrendsPower Monitoring and Control Software Market 2023-2027 Industry Analysis

Market Driver

Growing need for efficient power monitoring and controlRising use of solar and wind-generated powerAdvent of automation and IoT in industrial applications

Market Trend

Increasing focus on energy efficiencyHigh adoption in data centersRising need for power distribution analysis among power utilities

Market Challenges

Concerns over cyber threatsAvailability of open-source softwareLack of expertise and financial resource affecting adoption and use

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Power Monitoring and Control Software Market 2023-2027: Segmentation

Power Monitoring and Control Software Market is segmented as below:

Application Industrial: The market share growth by the industrial segment will be significant during the forecast period. With increasing complexity in operations and the rise in automation, the demand for power in industries has increased significantly, particularly as a typical industrial facility includes equipment with different patterns of power consumption.CommercialResidentialDeployment CloudOn-premisesGeography EuropeNorth America: North America is estimated to contribute 29% to the growth of the global market during the forecast period.APACMiddle East And AfricaSouth America

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Power Monitoring and Control Software Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027Detailed information on factors that will assist power monitoring and control software market growth during the next five yearsEstimation of the power monitoring and control software market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the power monitoring and control software marketAnalysis of the market’s competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of power monitoring and control software market, vendors

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1 Executive Summary

1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by ApplicationExhibit 06: Executive Summary – Chart on Market Segmentation by DeploymentExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem Exhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 2022 3.4 Market outlook: Forecast for 2022-2027Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global power monitoring and control software market 2017 – 2021 Exhibit 18: Historic Market Size – Data Table on Global power monitoring and control software market 2017 – 2021 ($ million)4.2 Application Segment Analysis 2017 – 2021Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)4.3 Deployment Segment Analysis 2017 – 2021Exhibit 20: Historic Market Size – Deployment Segment 2017 – 2021 ($ million)4.4 Geography Segment Analysis 2017 – 2021Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)4.5 Country Segment Analysis 2017 – 2021Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary Exhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market condition Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments Exhibit 30: Chart on Application – Market share 2022-2027 (%)Exhibit 31: Data Table on Application – Market share 2022-2027 (%)6.2 Comparison by Application Exhibit 32: Chart on Comparison by ApplicationExhibit 33: Data Table on Comparison by Application6.3 Industrial – Market size and forecast 2022-2027Exhibit 34: Chart on Industrial – Market size and forecast 2022-2027 ($ million)Exhibit 35: Data Table on Industrial – Market size and forecast 2022-2027 ($ million)Exhibit 36: Chart on Industrial – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on Industrial – Year-over-year growth 2022-2027 (%)6.4 Commercial – Market size and forecast 2022-2027Exhibit 38: Chart on Commercial – Market size and forecast 2022-2027 ($ million)Exhibit 39: Data Table on Commercial – Market size and forecast 2022-2027 ($ million)Exhibit 40: Chart on Commercial – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Commercial – Year-over-year growth 2022-2027 (%)6.5 Residential – Market size and forecast 2022-2027Exhibit 42: Chart on Residential – Market size and forecast 2022-2027 ($ million)Exhibit 43: Data Table on Residential – Market size and forecast 2022-2027 ($ million)Exhibit 44: Chart on Residential – Year-over-year growth 2022-2027 (%)Exhibit 45: Data Table on Residential – Year-over-year growth 2022-2027 (%)6.6 Market opportunity by Application Exhibit 46: Market opportunity by Application ($ million)

7 Market Segmentation by Deployment

7.1 Market segments Exhibit 47: Chart on Deployment – Market share 2022-2027 (%)Exhibit 48: Data Table on Deployment – Market share 2022-2027 (%)7.2 Comparison by Deployment Exhibit 49: Chart on Comparison by DeploymentExhibit 50: Data Table on Comparison by Deployment7.3 Cloud – Market size and forecast 2022-2027Exhibit 51: Chart on Cloud – Market size and forecast 2022-2027 ($ million)Exhibit 52: Data Table on Cloud – Market size and forecast 2022-2027 ($ million)Exhibit 53: Chart on Cloud – Year-over-year growth 2022-2027 (%)Exhibit 54: Data Table on Cloud – Year-over-year growth 2022-2027 (%)7.4 On-premises – Market size and forecast 2022-2027Exhibit 55: Chart on On-premises – Market size and forecast 2022-2027 ($ million)Exhibit 56: Data Table on On-premises – Market size and forecast 2022-2027 ($ million)Exhibit 57: Chart on On-premises – Year-over-year growth 2022-2027 (%)Exhibit 58: Data Table on On-premises – Year-over-year growth 2022-2027 (%)7.5 Market opportunity by Deployment Exhibit 59: Market opportunity by Deployment ($ million)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 61: Chart on Market share by geography 2022-2027 (%)Exhibit 62: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 63: Chart on Geographic comparisonExhibit 64: Data Table on Geographic comparison9.3 Europe – Market size and forecast 2022-2027Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 ($ million)Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.4 North America – Market size and forecast 2022-2027Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)9.5 APAC – Market size and forecast 2022-2027Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)9.6 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)9.7 South America – Market size and forecast 2022-2027Exhibit 81: Chart on South America – Market size and forecast 2022-2027 ($ million)Exhibit 82: Data Table on South America – Market size and forecast 2022-2027 ($ million)Exhibit 83: Chart on South America – Year-over-year growth 2022-2027 (%)Exhibit 84: Data Table on South America – Year-over-year growth 2022-2027 (%)9.8 US – Market size and forecast 2022-2027Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)9.9 China – Market size and forecast 2022-2027Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ million)Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ million)Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)9.10 Germany – Market size and forecast 2022-2027Exhibit 93: Chart on Germany – Market size and forecast 2022-2027 ($ million)Exhibit 94: Data Table on Germany – Market size and forecast 2022-2027 ($ million)Exhibit 95: Chart on Germany – Year-over-year growth 2022-2027 (%)Exhibit 96: Data Table on Germany – Year-over-year growth 2022-2027 (%)9.11 Canada – Market size and forecast 2022-2027Exhibit 97: Chart on Canada – Market size and forecast 2022-2027 ($ million)Exhibit 98: Data Table on Canada – Market size and forecast 2022-2027 ($ million)Exhibit 99: Chart on Canada – Year-over-year growth 2022-2027 (%)Exhibit 100: Data Table on Canada – Year-over-year growth 2022-2027 (%)9.12 UK – Market size and forecast 2022-2027Exhibit 101: Chart on UK – Market size and forecast 2022-2027 ($ million)Exhibit 102: Data Table on UK – Market size and forecast 2022-2027 ($ million)Exhibit 103: Chart on UK – Year-over-year growth 2022-2027 (%)Exhibit 104: Data Table on UK – Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers 10.2 Market challenges 10.3 Impact of drivers and challenges Exhibit 106: Impact of drivers and challenges in 2022 and 202710.4 Market trends 

11 Vendor Landscape

11.1 Overview 11.2 Vendor landscape Exhibit 107: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruption Exhibit 108: Overview on factors of disruption11.4 Industry risks Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered Exhibit 110: Vendors covered12.2 Market positioning of vendors Exhibit 111: Matrix on vendor position and classification12.3 ABB Ltd. Exhibit 112: ABB Ltd. – OverviewExhibit 113: ABB Ltd. – Business segmentsExhibit 114: ABB Ltd. – Key offeringsExhibit 115: ABB Ltd. – Segment focus12.4 Eaton Corp. Plc Exhibit 116: Eaton Corp. Plc – OverviewExhibit 117: Eaton Corp. Plc – Business segmentsExhibit 118: Eaton Corp. Plc – Key newsExhibit 119: Eaton Corp. Plc – Key offeringsExhibit 120: Eaton Corp. Plc – Segment focus12.5 Emerson Electric Co. Exhibit 121: Emerson Electric Co. – OverviewExhibit 122: Emerson Electric Co. – Business segmentsExhibit 123: Emerson Electric Co. – Key newsExhibit 124: Emerson Electric Co. – Key offeringsExhibit 125: Emerson Electric Co. – Segment focus12.6 Fortive Corp. Exhibit 126: Fortive Corp. – OverviewExhibit 127: Fortive Corp. – Business segmentsExhibit 128: Fortive Corp. – Key offeringsExhibit 129: Fortive Corp. – Segment focus12.7 Fuji Electric Co. Ltd. Exhibit 130: Fuji Electric Co. Ltd. – OverviewExhibit 131: Fuji Electric Co. Ltd. – Business segmentsExhibit 132: Fuji Electric Co. Ltd. – Key offeringsExhibit 133: Fuji Electric Co. Ltd. – Segment focus12.8 General Electric Co. Exhibit 134: General Electric Co. – OverviewExhibit 135: General Electric Co. – Business segmentsExhibit 136: General Electric Co. – Key newsExhibit 137: General Electric Co. – Key offeringsExhibit 138: General Electric Co. – Segment focus12.9 Honeywell International Inc. Exhibit 139: Honeywell International Inc. – OverviewExhibit 140: Honeywell International Inc. – Business segmentsExhibit 141: Honeywell International Inc. – Key newsExhibit 142: Honeywell International Inc. – Key offeringsExhibit 143: Honeywell International Inc. – Segment focus12.10 Legrand SA Exhibit 144: Legrand SA – OverviewExhibit 145: Legrand SA – Business segmentsExhibit 146: Legrand SA – Key offeringsExhibit 147: Legrand SA – Segment focus12.11 Littelfuse Inc. Exhibit 148: Littelfuse Inc. – OverviewExhibit 149: Littelfuse Inc. – Business segmentsExhibit 150: Littelfuse Inc. – Key offeringsExhibit 151: Littelfuse Inc. – Segment focus12.12 Mitsubishi Electric Corp. Exhibit 152: Mitsubishi Electric Corp. – OverviewExhibit 153: Mitsubishi Electric Corp. – Business segmentsExhibit 154: Mitsubishi Electric Corp. – Key newsExhibit 155: Mitsubishi Electric Corp. – Key offeringsExhibit 156: Mitsubishi Electric Corp. – Segment focus12.13 OMRON Corp. Exhibit 157: OMRON Corp. – OverviewExhibit 158: OMRON Corp. – Business segmentsExhibit 159: OMRON Corp. – Key newsExhibit 160: OMRON Corp. – Key offeringsExhibit 161: OMRON Corp. – Segment focus12.14 Rockwell Automation Inc. Exhibit 162: Rockwell Automation Inc. – OverviewExhibit 163: Rockwell Automation Inc. – Business segmentsExhibit 164: Rockwell Automation Inc. – Key newsExhibit 165: Rockwell Automation Inc. – Key offeringsExhibit 166: Rockwell Automation Inc. – Segment focus12.15 Schneider Electric SE Exhibit 167: Schneider Electric SE – OverviewExhibit 168: Schneider Electric SE – Business segmentsExhibit 169: Schneider Electric SE – Key newsExhibit 170: Schneider Electric SE – Key offeringsExhibit 171: Schneider Electric SE – Segment focus12.16 Siemens AG Exhibit 172: Siemens AG – OverviewExhibit 173: Siemens AG – Business segmentsExhibit 174: Siemens AG – Key newsExhibit 175: Siemens AG – Key offeringsExhibit 176: Siemens AG – Segment focus12.17 Tenzing Corp. Exhibit 177: Tenzing Corp. – OverviewExhibit 178: Tenzing Corp. – Product / ServiceExhibit 179: Tenzing Corp. – Key offerings

13 Appendix

13.1 Scope of the report 13.2 Inclusions and exclusions checklistExhibit 180: Inclusions checklistExhibit 181: Exclusions checklist13.3 Currency conversion rates for US$ Exhibit 182: Currency conversion rates for US$13.4 Research methodology Exhibit 183: Research methodologyExhibit 184: Validation techniques employed for market sizingExhibit 185: Information sources13.5 List of abbreviations Exhibit 186: List of abbreviations

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