The Asia Pacific Circuit Monitoring Market would witness market growth of 5.6% CAGR during the forecast period (2023-2029).
Circuit monitoring in the data center and other power monitoring systems can effectively support the facility's overall goals. An essential step in the selection process is choosing the best power monitoring system for the facility's present and future requirements. The circuit monitoring system's implementation and integration steps are simple to overlook. Nevertheless, they contribute significantly to the efficiency of the building and the BMS or DCIM systems they support. A successful circuit monitoring system must have the following basic features: flexibility, communications, accuracy, adaptability, and device functionality.
Power Service Businesses can help their customers deploy branch circuit solutions. This allows facilities managers for businesses, industries, and even homes to track their energy use in detail. Applications for branch circuit metering include measuring HVAC systems, shared loads, specific tenants, or even single pieces of machinery.
Since the energy requirements of commercial buildings vary widely, it's critical to comprehend the energy profiles of each of these systems at a detailed level. In addition, commercial buildings can monitor specific systems via branch circuit monitoring, such as HVAC, individual tenants, public meeting rooms, and more.
Businesses have been encouraged to invest in data management tools to handle the enormous volumes of data generated by the growing adoption of cloud-based corporate processes. Future growth in the data center sector is anticipated to be driven by the increased popularity of online shopping brought on by the accessibility of user-friendly interfaces, high-speed internet, and smart gadgets like smartphones, tablets, laptops, etc. Some key factors influencing the demand for data centers in the country are the expanding use of cloud computing in India, rising internet penetration, government rules for data generated nationwide, and rising foreign investment. These factors are supporting the Asia Pacific market growth.
The China market dominated the Asia Pacific Circuit Monitoring Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $69.1 Million by 2029. The Japan market is estimated to grow at a CAGR of 4.9% during (2023 - 2029). Additionally, The India market would showcase a CAGR of 6.2% during (2023 - 2029).
Based on Type, the market is segmented into Modular Circuit Monitoring and Others. Based on End User, the market is segmented into Data Centers, Commercial, Industrial, and Residential. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Circuit Monitoring Market is Projected to reach USD 867.6 Million by 2029, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Schneider Electric SE, Eaton Corporation PLC, Legrand Group, NHP Electrical Engineering Products Pty Ltd., Omron Corporation, Daxten Ltd., Elecon Measurements Private Limited (Elmeasure), Jiangsu Acrel Electrical Manufacturing Co., LTD. (Acrel Co., Ltd.) and Bay Power, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Modular Circuit Monitoring
- Others
By End User
- Data Centers
- Commercial
- Industrial
- Residential
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Schneider Electric SE
- Eaton Corporation PLC
- Legrand Group
- NHP Electrical Engineering Products Pty Ltd.
- Omron Corporation
- Daxten Ltd.
- Elecon Measurements Private Limited (Elmeasure)
- Jiangsu Acrel Electrical Manufacturing Co., LTD. (Acrel Co., Ltd.)
- Bay Power, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Circuit Monitoring Market, by Type
1.4.2 Asia Pacific Circuit Monitoring Market, by End User
1.4.3 Asia Pacific Circuit Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2022
3.2 Strategies Deployed in Circuit Monitoring Market
Chapter 4. Asia Pacific Circuit Monitoring Market by Type
4.1 Asia Pacific Modular Circuit Monitoring Market by Country
4.2 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Circuit Monitoring Market by End User
5.1 Asia Pacific Data Centers Market by Country
5.2 Asia Pacific Commercial Market by Country
5.3 Asia Pacific Industrial Market by Country
5.4 Asia Pacific Residential Market by Country
Chapter 6. Asia Pacific Circuit Monitoring Market by Country
6.1 China Circuit Monitoring Market
6.1.1 China Circuit Monitoring Market by Type
6.1.2 China Circuit Monitoring Market by End User
6.2 Japan Circuit Monitoring Market
6.2.1 Japan Circuit Monitoring Market by Type
6.2.2 Japan Circuit Monitoring Market by End User
6.3 India Circuit Monitoring Market
6.3.1 India Circuit Monitoring Market by Type
6.3.2 India Circuit Monitoring Market by End User
6.4 South Korea Circuit Monitoring Market
6.4.1 South Korea Circuit Monitoring Market by Type
6.4.2 South Korea Circuit Monitoring Market by End User
6.5 Singapore Circuit Monitoring Market
6.5.1 Singapore Circuit Monitoring Market by Type
6.5.2 Singapore Circuit Monitoring Market by End User
6.6 Malaysia Circuit Monitoring Market
6.6.1 Malaysia Circuit Monitoring Market by Type
6.6.2 Malaysia Circuit Monitoring Market by End User
6.7 Rest of Asia Pacific Circuit Monitoring Market
6.7.1 Rest of Asia Pacific Circuit Monitoring Market by Type
6.7.2 Rest of Asia Pacific Circuit Monitoring Market by End User
Chapter 7. Company Profiles
7.1 Schneider Electric SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 ABB Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Eaton Corporation PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.6 Swot Analysis
7.4 Omron Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Legrand Group
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.6 Daxten Ltd.
7.6.1 Company Overview
7.7 Elecon Measurements Private Limited (Elmeasure)
7.7.1 Company Overview
7.8 Jiangsu Acrel Electrical Manufacturing Co., LTD. (Acrel Co., Ltd.)
7.8.1 Company Overview
7.9 NHP Electrical Engineering Products Pty Ltd.
7.9.1 Company Overview
7.10. Bay Power, Inc.
7.10.1 Company Overview
TABLE 1 Asia Pacific Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Modular Circuit Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Modular Circuit Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Data Centers Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Data Centers Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Commercial Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Industrial Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Residential Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Residential Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Circuit Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Circuit Monitoring Market by Country, 2023 - 2029, USD Million
TABLE 21 China Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 22 China Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 23 China Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 24 China Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 25 China Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 26 China Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 27 Japan Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 28 Japan Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 29 Japan Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 30 Japan Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 31 Japan Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 32 Japan Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 33 India Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 34 India Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 35 India Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 36 India Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 37 India Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 38 India Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 39 South Korea Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 40 South Korea Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 41 South Korea Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 42 South Korea Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 43 South Korea Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 44 South Korea Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 45 Singapore Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 46 Singapore Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 47 Singapore Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 48 Singapore Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 49 Singapore Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 50 Singapore Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 51 Malaysia Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 52 Malaysia Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 53 Malaysia Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 54 Malaysia Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 55 Malaysia Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 56 Malaysia Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 57 Rest of Asia Pacific Circuit Monitoring Market, 2019 - 2022, USD Million
TABLE 58 Rest of Asia Pacific Circuit Monitoring Market, 2023 - 2029, USD Million
TABLE 59 Rest of Asia Pacific Circuit Monitoring Market by Type, 2019 - 2022, USD Million
TABLE 60 Rest of Asia Pacific Circuit Monitoring Market by Type, 2023 - 2029, USD Million
TABLE 61 Rest of Asia Pacific Circuit Monitoring Market by End User, 2019 - 2022, USD Million
TABLE 62 Rest of Asia Pacific Circuit Monitoring Market by End User, 2023 - 2029, USD Million
TABLE 63 Key information – Schneider Electric SE
TABLE 64 Key Information – ABB Group
TABLE 65 key information – Eaton Corporation PLC
TABLE 66 Key Information – Omron Corporation
TABLE 67 key Information – Legrand Group
TABLE 68 Key Information – Daxten Ltd.
TABLE 69 Key Information – Elecon Measurements Private Limited
TABLE 70 Key Information – Jiangsu Acrel Electrical Manufacturing Co., LTD.
TABLE 71 Key Information – NHP Electrical Engineering Products Pty ltd
TABLE 72 Key Information – Bay Power, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2022
FIG 3 Asia Pacific Circuit Monitoring Market share by Type, 2022
FIG 4 Asia Pacific Circuit Monitoring Market share by Type, 2029
FIG 5 Asia Pacific Circuit Monitoring Market by Type, 2019 - 2029, USD Million
FIG 6 Asia Pacific Circuit Monitoring Market share by End User, 2022
FIG 7 Asia Pacific Circuit Monitoring Market share by End User, 2029
FIG 8 Asia Pacific Circuit Monitoring Market by End User, 2019 - 2029, USD Million
FIG 9 Asia Pacific Circuit Monitoring Market share by Country, 2022
FIG 10 Asia Pacific Circuit Monitoring Market share by Country, 2029
FIG 11 Asia Pacific Circuit Monitoring Market by Country, 2019 - 2029, USD Million
FIG 12 Recent strategies and developments: Schneider Electric SE
FIG 13 Swot analysis: Schneider Electric SE
FIG 14 SWOT Analysis: ABB Group
FIG 15 SWOT Analysis: Eaton Corporation PLC
FIG 16 SWOT Analysis: Omron Corporation