The Asia Pacific Power Management System Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030).
A power management system boosts power by reducing minor inconveniences and outages. This helps to raise industrial productivity during a blackout. These system can monitor the primary and backup power systems. The frameworks help reduce hardware failures, manage spikes and outages, and proactively increase organizational capacity.
Load shedding prevents blackouts when electricity consumption exceeds the electrical grid's capacity. It is capable of managing a variety of switchgear arrangements as well as generator setups using steam, diesel, and other source-fired generators. Based on load utilization, a PMS may select the best generator mix. Managed switches, power supply modules, remote terminal units (RTU), PMS server licenses, and other items are examples of power management systems' hardware and software solutions.
Electrical distribution systems are operated in a safe, effective, compliant, and dependable manner owing to power management systems. They are essential for lowering energy use and cutting energy costs. Systems for managing power can manage the demand dynamically while optimizing the available sources. They automatically control and monitor the installation, ensuring continuous power and enabling customers to run it as effectively as possible.
By 2025, China intends to surpass all other countries in producing electrical power equipment. The Made in China 2025 program's Technology Roadmap (2017) describes this as a national policy. The national program focuses a lot of emphasis on innovation and technology. Power management systems are essential for enabling intelligent, data-driven decision-making on ships. These systems collect and analyze real-time data to optimize operations, reduce downtime, and enhance overall performance. Hence, because of all the aforementioned developments, the region will present lucrative growth prospects for the market in the coming years.
The China market dominated the Asia Pacific Power Management System Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $672.1 million by 2030. The Japan market is anticipated to grow at a CAGR of 5.2% during (2023 - 2030). Additionally, The India market would register a CAGR of 6.5% during (2023 - 2030).
Based on Module, the market is segmented into Power Monitoring & Control, Generator Controls, Load Shedding & Management, Switching & Safety Management, Power Simulator, Energy Cost Accounting and Data Historian & Others. Based on Type, the market is segmented into Software, Hardware and Services. Based on Industry, the market is segmented into Oil & Gas, Marine, Metal & Mining, Chemical & Petrochemical, Paper & Pulp, Utilities, Data Center and Others. 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 Power Management System Market is Projected to reach USD 8.1 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ABB Group, General Electric Company, Siemens AG, Eaton Corporation PLC, Schneider Electric SE, Emerson Electric Co., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Honeywell International, Inc., and Fuji Electric Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Module
- Power Monitoring & Control
- Generator Controls
- Load Shedding & Management
- Switching & Safety Management
- Power Simulator
- Energy Cost Accounting
- Data Historian & Others
By Type
- Software
- Hardware
- Services
By Industry
- Oil & Gas
- Marine
- Metal & Mining
- Chemical & Petrochemical
- Paper & Pulp
- Utilities
- Data Center
- Others
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
- General Electric Company
- Siemens AG
- Eaton Corporation PLC
- Schneider Electric SE
- Emerson Electric Co.
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Honeywell International, Inc.
- Fuji Electric Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Power Management System Market, by Module
1.4.2 Asia Pacific Power Management System Market, by Type
1.4.3 Asia Pacific Power Management System Market, by Industry
1.4.4 Asia Pacific Power Management System Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2020, Feb – 2022, Dec) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific Power Management System Market by Module
5.1 Asia Pacific Power Monitoring & Control Market by Country
5.2 Asia Pacific Generator Controls Market by Country
5.3 Asia Pacific Load Shedding & Management Market by Country
5.4 Asia Pacific Switching & Safety Management Market by Country
5.5 Asia Pacific Power Simulator Market by Country
5.6 Asia Pacific Energy Cost Accounting Market by Country
5.7 Asia Pacific Data Historian & Others Market by Country
Chapter 6. Asia Pacific Power Management System Market by Type
6.1 Asia Pacific Software Market by Country
6.2 Asia Pacific Hardware Market by Country
6.3 Asia Pacific Services Market by Country
Chapter 7. Asia Pacific Power Management System Market by Industry
7.1 Asia Pacific Oil & Gas Market by Country
7.2 Asia Pacific Marine Market by Country
7.3 Asia Pacific Metal & Mining Market by Country
7.4 Asia Pacific Chemical & Petrochemical Market by Country
7.5 Asia Pacific Paper & Pulp Market by Country
7.6 Asia Pacific Utilities Market by Country
7.7 Asia Pacific Data Center Market by Country
7.8 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Power Management System Market by Country
8.1 China Power Management System Market
8.1.1 China Power Management System Market by Module
8.1.2 China Power Management System Market by Type
8.1.3 China Power Management System Market by Industry
8.2 Japan Power Management System Market
8.2.1 Japan Power Management System Market by Module
8.2.2 Japan Power Management System Market by Type
8.2.3 Japan Power Management System Market by Industry
8.3 India Power Management System Market
8.3.1 India Power Management System Market by Module
8.3.2 India Power Management System Market by Type
8.3.3 India Power Management System Market by Industry
8.4 South Korea Power Management System Market
8.4.1 South Korea Power Management System Market by Module
8.4.2 South Korea Power Management System Market by Type
8.4.3 South Korea Power Management System Market by Industry
8.5 Singapore Power Management System Market
8.5.1 Singapore Power Management System Market by Module
8.5.2 Singapore Power Management System Market by Type
8.5.3 Singapore Power Management System Market by Industry
8.6 Malaysia Power Management System Market
8.6.1 Malaysia Power Management System Market by Module
8.6.2 Malaysia Power Management System Market by Type
8.6.3 Malaysia Power Management System Market by Industry
8.7 Rest of Asia Pacific Power Management System Market
8.7.1 Rest of Asia Pacific Power Management System Market by Module
8.7.2 Rest of Asia Pacific Power Management System Market by Type
8.7.3 Rest of Asia Pacific Power Management System Market by Industry
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Partnerships, Collaborations, and Agreements:
9.1.5.3 Acquisition and Mergers:
9.1.5.4 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 General Electric Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Siemens AG
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Eaton Corporation PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Schneider Electric SE
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.5.3 Geographical Expansions:
9.5.6 SWOT Analysis
9.6 Emerson Electric Co.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Mitsubishi Electric Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Rockwell Automation, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Honeywell International, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Fuji Electric Co. Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 Asia Pacific Power Management System Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Power Management System Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Management System Market
TABLE 4 Product Launches And Product Expansions– Power Management System Market
TABLE 5 Acquisition and Mergers– Power Management System Market
TABLE 6 Geographical Expansions– Power Management System Market
TABLE 7 Asia Pacific Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Power Monitoring & Control Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Power Monitoring & Control Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Generator Controls Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Generator Controls Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Load Shedding & Management Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Load Shedding & Management Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Switching & Safety Management Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Switching & Safety Management Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Power Simulator Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Power Simulator Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Energy Cost Accounting Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Energy Cost Accounting Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Data Historian & Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Data Historian & Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Software Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Software Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Hardware Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Hardware Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Services Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Marine Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Marine Market by Country, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Metal & Mining Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Metal & Mining Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Chemical & Petrochemical Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Chemical & Petrochemical Market by Country, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Paper & Pulp Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Paper & Pulp Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Utilities Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Utilities Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific Data Center Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Data Center Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 49 Asia Pacific Power Management System Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Power Management System Market by Country, 2023 - 2030, USD Million
TABLE 51 China Power Management System Market, 2019 - 2022, USD Million
TABLE 52 China Power Management System Market, 2023 - 2030, USD Million
TABLE 53 China Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 54 China Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 55 China Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 56 China Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 57 China Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 58 China Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 59 Japan Power Management System Market, 2019 - 2022, USD Million
TABLE 60 Japan Power Management System Market, 2023 - 2030, USD Million
TABLE 61 Japan Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 62 Japan Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 63 Japan Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 64 Japan Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 65 Japan Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 66 Japan Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 67 India Power Management System Market, 2019 - 2022, USD Million
TABLE 68 India Power Management System Market, 2023 - 2030, USD Million
TABLE 69 India Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 70 India Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 71 India Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 72 India Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 73 India Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 74 India Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 75 South Korea Power Management System Market, 2019 - 2022, USD Million
TABLE 76 South Korea Power Management System Market, 2023 - 2030, USD Million
TABLE 77 South Korea Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 78 South Korea Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 79 South Korea Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 80 South Korea Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 81 South Korea Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 82 South Korea Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 83 Singapore Power Management System Market, 2019 - 2022, USD Million
TABLE 84 Singapore Power Management System Market, 2023 - 2030, USD Million
TABLE 85 Singapore Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 86 Singapore Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 87 Singapore Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 88 Singapore Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 89 Singapore Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 90 Singapore Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 91 Malaysia Power Management System Market, 2019 - 2022, USD Million
TABLE 92 Malaysia Power Management System Market, 2023 - 2030, USD Million
TABLE 93 Malaysia Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 94 Malaysia Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 95 Malaysia Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 96 Malaysia Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 97 Malaysia Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 98 Malaysia Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 99 Rest of Asia Pacific Power Management System Market, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Power Management System Market, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 103 Rest of Asia Pacific Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 105 Rest of Asia Pacific Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 106 Rest of Asia Pacific Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 107 Key Information – ABB Group
TABLE 108 Key Information – General Electric Company
TABLE 109 Key Information – Siemens AG
TABLE 110 key information – Eaton Corporation PLC
TABLE 111 Key information – Schneider Electric SE
TABLE 112 Key Information – Emerson Electric Co.
TABLE 113 key Information – Mitsubishi Electric Corporation
TABLE 114 Key Information – Rockwell Automation, Inc.
TABLE 115 Key Information – Honeywell International, Inc.
TABLE 116 Key Information – Fuji Electric Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Power Management System Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Power Management System Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Mergers & Acquisition: 2020, Feb – 2022, Dec) Leading Players
FIG 8 Porter’s Five Forces Analysis - Power Management System Market
FIG 9 Asia Pacific Power Management System Market share by Module, 2022
FIG 10 Asia Pacific Power Management System Market share by Module, 2030
FIG 11 Asia Pacific Power Management System Market by Module, 2019 - 2030, USD Million
FIG 12 Asia Pacific Power Management System Market share by Type, 2022
FIG 13 Asia Pacific Power Management System Market share by Type, 2030
FIG 14 Asia Pacific Power Management System Market by Type, 2019 - 2030, USD Million
FIG 15 Asia Pacific Power Management System Market share by Industry, 2022
FIG 16 Asia Pacific Power Management System Market share by Industry, 2030
FIG 17 Asia Pacific Power Management System Market by Industry, 2019 - 2030, USD Million
FIG 18 Asia Pacific Power Management System Market share by Country, 2022
FIG 19 Asia Pacific Power Management System Market share by Country, 2030
FIG 20 Asia Pacific Power Management System Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: ABB Group
FIG 22 SWOT Analysis: ABB Group
FIG 23 Recent strategies and developments: General Electric Company
FIG 24 SWOT Analysis: General electric (GE) Co.
FIG 25 Recent strategies and developments: Siemens AG
FIG 26 SWOT Analysis: Siemens AG
FIG 27 Recent strategies and developments: Eaton Corporation PLC
FIG 28 SWOT Analysis: Eaton Corporation PLC
FIG 29 Recent strategies and developments: Schneider Electric SE
FIG 30 SWOT Analysis: Schneider Electric SE
FIG 31 Recent strategies and developments: Emerson Electric Co.
FIG 32 Swot analysis: Emerson Electric CO.
FIG 33 SWOT Analysis: Mitsubishi Electric Corporation
FIG 34 Recent strategies and developments: Rockwell Automation, Inc.
FIG 35 SWOT Analysis: Rockwell Automation, Inc.
FIG 36 Recent strategies and developments: Honeywell International, Inc.
FIG 37 Swot analysis: Honeywell international, inc.
FIG 38 SWOT Analysis: Fuji Electric Co., Ltd.