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Premium Report Details
Base Year: 2024
Companies covered: 22
Tables & Figures: 40
Countries covered: 27
Pages: 125
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Power Quality Meter Market
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Power Quality Meter Market Size
The global power quality meter market was valued at USD 2.1 billion in 2024 and is estimated to grow at a CAGR of 7.6% from 2025 to 2034. The growing use of sensitive electronic equipment in industrial and commercial environments is expected to drive product demand.
A power quality meter also called a power quality analyzer or PQ meter is an instrument designed to measure and evaluate the quality of electrical power within a distribution system. This device plays a vital role in detecting and diagnosing issues related to voltage and current in an electrical network. Power quality pertains to the reliability and purity of electrical power, covering aspects comprising of voltage stability, harmonics, transients, sags, swells and other disruptions. The tightening of power quality standards and regulations is set to positively influence the industry scenario.