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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A Power Meter is one of the most useful and simple instruments to measure electrical power when no deeper analysis of the measured data is required. It measures voltage (V) and current (A) and calculates the most important power results from these.
Power meters are ideal for technicians and engineers that need to do simple tasks such as stand-by power measurements. The main advantages include quick, accurate, and simple power measurements, as well as simple operation on an instrument-like base unit.
A power meter is the go-to tool for cost-effective power measurement solutions for a variety of applications, including: production line testing of electric devices, assessment of large current equipment, evaluation of battery- or DC-driven devices, quality assurance, efficiency measurement for industrial motors, rotating machinery, and calibration labs, for installation and maintenance tasks, and partially for R&D. Power on the GRID is also measured using it.
The Global Portable Power Meter market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Nonenergy develops portable power meter tester. The portable tester created as part of the research program me of the Brazilian electrical regulator Anel raises the bar for innovation in the industry.
The distributor would have to stop the supply in order to do a quality and integrity check. This requirement is satisfied by the new tester, allowing measurements to be done while the supply is still available. Every time a consumer requests something, the meter's accuracy must be verified.
Meter accuracy tests must be carried out at predetermined current levels in accordance with the standard guiding the metrology process. These tests could previously only be carried out in a lab setting.
The new portable technology enables all the tests necessary by regulation to be carried out in situ together with the printing of a report for the customer and delivers laboratory level metrological precision to the field.
The method is now more simplified and effective because distributors can now conduct verification independently as part of their yearly inspection programmers aimed at preventing energy fraud in addition to testing on customers' requests.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introdauction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in theIndustry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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