Global Digital Power Monitor Market Size, Forecasts 2030
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Global Digital Power Monitor Market Size, Forecasts 2030

Last Updated:  Apr 25, 2025 | Study Period:

DIGITAL POWER MONITOR MARKET

 

INTRODUCTION OF THE DIGITAL POWER MONITOR MARKET

In order to help energy-saving efforts, a power monitoring device detects power use. Although electricity cannot be seen, it is a common and practical source of energy that may be used and transformed into heat, light, sound, or other forms of energy.

digital power supply's higher efficiency allows for smaller inductors, capacitors, transformers, and heat sinks, which lowers costs. The adaptability of digital power supplies makes it possible to maximise efficiency at various operating points.

 

Measures electrical energy use digitally The quantity of electrical energy utilised by a company or electrical device is measured digitally by an electronic power metre, which is also referred to as a digital or smart metre. 

DIGITAL POWER MONITOR MARKET SIZE AND FORECAST

 

infographic: Digital Power Monitor Market , Digital Power Monitor Market Size, Digital Power Monitor Market Trends, Digital Power Monitor Market Forecast, Digital Power Monitor Market Risks, Digital Power Monitor Market Report, Digital Power Monitor Market Share.

 

The Global Digital Power Monitor market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

DIGITAL POWER MONITOR MARKET NEW PRODUCT LAUNCH

Digital panel metres for energy monitoring are now available from ABB India. A new line of electric measuring and power monitoring metres for electrical and control panels has been introduced by ABB India, a manufacturer of technical and industrial equipment.

 

The newly released metres are a part of the M1M series from ABB, which also includes the M1M11, M1MDS, M1M20B, and M1M30B models. According to ABB India, the recently introduced M1M metres offer power quality analysis and keep track of the energy resources for residential, industrial, and commercial structures.

 

Buildings' Power Control Centers (PCCs), Motor Control Centers (MCCs), sub-distribution switchboards, etc., might have them placed in electrical panels for submetering.

 

All recently released ABB metres feature an LED screen with 8 digital segments. All of these metres measure AC voltage between 80 and 550 volts.

 

The M1M11 digital KWH metre, which monitors energy consumption in single-phase and three-phase power connections, has distinguishing features and capabilities. M1MDS is a Dual Source Multifunction Meter that provides 64 samples each cycle.

 

M1M20B and M1M30B, two further new products included in the range, are utilised for power quality analysis applications. Dual source metres indicate the currently active power source but may be switched to show the alternate power source.

 

While M1M30B can be utilised for applications requiring thorough power quality analysis, M1M20B just shows the most fundamental power quality metrics.

 

The ecosystem of digital tools for smart power supply and sustainable energy management has been developed further by New ABB Ability, which has introduced a novel method for remotely monitoring UPS systems. With the help of the ABB Ability SmartTracker, customers can remotely monitor crucial uninterruptible power supply (UPS) systems around-the-clock and gain data-driven insights to boost power supply reliability and energy efficiency.

 

The ABB Ability SmartTracker is only the most recent ABB Ability innovation that offers clients better visibility and a direct access to ABB knowledge. Real-time UPS status information is crucial for any UPS that maintains the functionality of vital applications, and remote access is even more crucial when the equipment is deployed in remote or secure locations. 

 

The SmartTracker makes monitoring easier and gives consumers more confidence while managing their vital electricity assets. Ability of the ABB For remote control of numerous UPS units and the electrical system, SmartTracker makes use of cloud-based infrastructure.

 

SmartTracker immediately warns users and a team of UPS experts in ABB's round-the-clock technical support centre in Quartino, Switzerland, when critical power events happen.

 

ABB's cloud-based algorithms use the UPS data to deliver actionable insights, allowing asset health to be confirmed at any time. When a response is needed, service teams can be contacted instantly. Customer-improved asset utilisation is another benefit of automated reports. 

 

The ANC Network Card is a proprietary device that is a straightforward plug-and-play update suited for ABB's high-performance UPS solutions.Customers can use SmartTracker to remotely monitor their system after they are connected, at any time. The greatest levels of safety and security are assured since both the hardware and firmware are built with cybersecurity in mind.

 

With the help of connectivity and software advancements, ABB AbilityTM solutions combine the power supply and energy management knowledge of ABB with real-time data insights to help users make smarter decisions. The SmartTracker exemplifies how we provide solutions that only increase the energy efficiency and resilience of power supplies, and how ABB's ongoing digital developments enable clients to adapt as their power needs change.

 

A bidirectional high-side and low-side digital current sense and voltage monitor with a serial interface is the ISL28022. The tool measures voltage and current and digitally outputs the data together with computed power.

 

For both voltage and current monitoring across the entire input range, the ISL28022 offers precise accuracy of less than 0.3%. The ADC gain ranges and fault thresholds of the digital power metre are quantifiable.

 

The common-mode input voltage range for the ISL28022 is 0V to 60V. Due to its wide range, the device can manage industrial, automotive, and telecom applications with little extra circuitry. The adaptable architecture conveniently accommodates applications for both high- and low-side ground sensing.

 

 

DIGITAL POWER MONITOR MARKETCOMPANY PROFILE

 

DIGITAL POWER MONITOR MARKET THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Digital Power Monitor are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global Digital Power Monitor and key vendor selection criteria
  3. Where is the Digital Power Monitor manufactured? What is the average margin per unit?
  4. Market share of Global Digital Power Monitor market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global Digital Power Monitor in-house
  6. key predictions for next 5 years in Global Digital Power Monitor market
  7. Average B-2-B Digital Power Monitor market price in all segments
  8. Latest trends in Digital Power Monitor market, by every market segment
  9. The market size (both volume and value) of the Digital Power Monitor market in 2024-2030 and every year in between?
  10. Production breakup of Digital Power Monitor market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix