5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rising Concerns Over Power Stability for Uninterrupted Business Operations
Figure 18 Global Electricity Consumption, by End-user
5.2.1.2 Increasing Number of Data Centers
Table 2 Major Countries with Colocation Data Centers, 2022
Figure 19 Global Data Center Capacity Growth
5.2.1.3 Intensifying Need to Monitor Energy Consumption to Achieve Carbon Neutrality
5.2.2 Restraints
5.2.2.1 Decline in Adoption of Circuit Monitoring Due to Advancements in Energy Monitoring Systems
5.2.3 Opportunities
5.2.3.1 Enforcement of Stringent Regulations to Reduce Carbon Footprint of Data Centers
Table 3 Data Center Sustainability Targets and Investments by Major Companies
5.2.3.2 Shift Toward Cloud-based Data Centers
Figure 20 Global Data Center Capacity Growth, in Terms of Cloud Infrastructure Services and Data Center Hardware & Software, 2009-2020
5.2.4 Challenges
5.2.4.1 Supply Chain Constraints and Disruptions
Figure 21 Global Nominal Prices for Aluminum and Copper, 2020-2023
5.2.4.2 Complexities Involved in Integrating Circuit Monitoring Systems into Operational Data Centers
Figure 22 Cost of Circuit Monitoring System Per Cabinet
5.3 Trends/Disruptions Impacting Customer Business
5.3.1 Revenue Shifts and New Revenue Pockets for Circuit Monitoring System Providers
Figure 23 Revenue Shifts for Circuit Monitoring System Manufacturers
5.4 Market Map
Table 4 Circuit Monitoring Market: Ecosystem Analysis
Figure 24 Market Map/Ecosystem Analysis
5.5 Value Chain Analysis
Figure 25 Circuit Monitoring Market: Value Chain Analysis
5.5.1 Raw Material Suppliers
5.5.2 Component Manufacturers
5.5.3 Circuit Monitoring System Manufacturers
5.5.4 Distributors and End-users
5.5.5 Post-Sales Service Providers
5.6 Average Selling Price (ASP) Analysis
Figure 26 Average Selling Price of Circuit Monitoring Systems, by Type, 2021
Table 5 Average Selling Price of Circuit Monitoring Systems, by Type, 2021
Table 6 Pricing Analysis of Circuit Monitoring Systems, by Region, 2021
Figure 27 Pricing Analysis of Circuit Monitoring Systems, by Region, 2021
5.7 Tariff and Regulatory Landscape
5.7.1 Tariffs Related to Circuit Monitoring
5.7.2 Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Global: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.7.3 Codes and Regulations Related to Circuit Monitoring
Table 12 North America: Codes and Regulations
Table 13 Asia-Pacific: Codes and Regulations
Table 14 Europe: Codes and Regulations
Table 15 Global: Codes and Regulations
5.8 Trade Analysis
5.8.1 Export Scenario
Table 16 Export Scenario for HS Code: 8537, by Country, 2020-2022 (USD Thousand)
5.8.2 Import Scenario
Table 17 Import Scenario for HS Code: 8537, by Country, 2020-2022 (USD Thousand)
5.9 Key Conferences and Events, 2023-2024
Table 18 Market: List of Conferences and Events
5.10 Patent Analysis
Table 19 Market: Innovations and Patent Registration
5.11 Porter's Five Forces Analysis
Table 20 Market: Porter's Five Forces Analysis
Figure 28 Market: Porter's Five Forces Analysis
5.11.1 Threat of Substitutes
5.11.2 Bargaining Power of Suppliers
5.11.3 Bargaining Power of Buyers
5.11.4 Threat of New Entrants
5.11.5 Intensity of Competitive Rivalry
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 29 Influence of Stakeholders on Buying Process, by End-user
Table 21 Influence of Stakeholders on Buying Process, by End-user
5.12.2 Buying Criteria
Figure 30 Key Buying Criteria, by End-user
Table 22 Key Buying Criteria, by End-user
5.13 Case Study Analysis
5.13.1 Packet Power Provided Customized Power Monitors for Data Realty
5.13.2 Nrel Reduced Data Center Load at Its Facility
5.14 Technology Analysis
5.14.1 Technology Trends Related to Circuit Monitoring
5.15 Trends in Colocation and Hyperscale Data Centers
6 Circuit Monitoring Market, by Type
6.1 Introduction
Figure 31 Market, by Type, 2022 (%)
Table 23 Market, by Type, 2016-2020 (USD Million)
Table 24 Market, by Type, 2021-2028 (USD Million)
6.2 Modular Circuit Monitoring
6.2.1 Offers Advantages of Accuracy and Easy Installation
Table 25 Modular Circuit Monitoring: Market, by Region, 2021-2028 (USD Million)
6.3 Others
Table 26 Others: Market, by Region, 2021-2028 (USD Million)
7 Circuit Monitoring Market, by End-user
7.1 Introduction
Figure 32 Market, by End-user, 2022 (%)
Table 27 Market, by End-user, 2016-2020 (USD Million)
Table 28 Market, by Data Center Type, 2016-2020 (USD Million)
Table 29 Market, by End-user, 2021-2028 (USD Million)
Table 30 Market, by Data Center Type, 2021-2028 (USD Million)
7.2 Residential
7.2.1 Use Circuit Monitoring to Gain Actual Picture of Power Consumption
Table 31 Residential: Market, by Region, 2021-2028 (USD Million)
7.3 Commercial
7.3.1 Use Circuit Monitoring to Improve Capacity Planning and Power Consumption
Table 32 Commercial: Market, by Region, 2021-2028 (USD Million)
7.4 Data Centers
7.4.1 Use Circuit Monitoring to Track Power Consumption of All IT Devices
Table 33 Data Centers: Market, by Region, 2021-2028 (USD Million)
7.5 Industrial
7.5.1 Deploy Circuit Monitoring to Maximize Machine Uptime, Increase Efficiency, and Lower Costs
Table 34 Industrial: Market, by Region, 2021-2028 (USD Million)
8 Circuit Monitoring Market, by Region
8.1 Introduction
Figure 33 Asia-Pacific Market to Register Highest CAGR from 2023 to 2028
Figure 34 Market, by Region, 2022
Table 35 Market, by Region, 2016-2020 (USD Million)
Table 36 Market, by Region, 2021-2028 (USD Million)
Table 37 Market, by Region, 2021-2028 (Million Units)
8.2 Asia-Pacific
Figure 35 Asia-Pacific: Snapshot of Market
8.2.1 Recession Impact on Market in Asia-Pacific
8.2.2 By Type
Table 38 Asia-Pacific: Market, by Type, 2021-2028 (USD Million)
8.2.3 By End-user
Table 39 Asia-Pacific: Market, by End-user, 2021-2028 (USD Million)
Table 40 Asia-Pacific: Market, by Data Center Type, 2021-2028 (USD Million)
Table 41 Asia-Pacific: Modular Market, by End-user, 2021-2028 (USD Million)
Table 42 Asia-Pacific: Market for Modular, by Data Center Type, 2021-2028 (USD Million)
Table 43 Asia-Pacific: Market for Others, by End-user, 2021-2028 (USD Million)
Table 44 Asia-Pacific: Market for Others, by Data Center Type, 2021-2028 (USD Million)
8.2.4 By Country
Table 45 Asia-Pacific: Market, by Country, 2021-2028 (USD Million)
8.2.4.1 China
8.2.4.1.1 Rising Investments in Data Centers
Table 46 China: Market, by End-user, 2021-2028 (USD Million)
Table 47 China: Market, by Data Center Type, 2021-2028 (USD Million)
8.2.4.2 Japan
8.2.4.2.1 Growing Need to Manage Power Usage at Data Centers
Table 48 Japan: Market, by End-user, 2021-2028 (USD Million)
Table 49 Japan: Market, by Data Center Type, 2021-2028 (USD Million)
8.2.4.3 India
8.2.4.3.1 Government Support to Build Data Centers
Table 50 India: Market, by End-user, 2021-2028 (USD Million)
Table 51 India: Market, by Data Center Type, 2021-2028 (USD Million)
8.2.4.4 South Korea
8.2.4.4.1 Plans to Expand Number of Data Centers
Table 52 South Korea: Market, by End-user, 2021-2028 (USD Million)
Table 53 South Korea: Market, by Data Center Type, 2021-2028 (USD Million)
8.2.4.5 Rest of Asia-Pacific
Table 54 Rest of Asia-Pacific: Market, by End-user, 2021-2028 (USD Million)
Table 55 Rest of Asia-Pacific: Market, by Data Center Type, 2021-2028 (USD Million)
8.3 North America
8.3.1 Recession Impact on Market in North America
Figure 36 North America: Market Snapshot
8.3.2 By Type
Table 56 North America: Market, by Type, 2021-2028 (USD Million)
8.3.3 By End-user
Table 57 North America: Market, by End-user, 2021-2028 (USD Million)
Table 58 North America: Market, by Data Center Type, 2021-2028 (USD Million)
Table 59 North America: Market for Modular, by End-user, 2021-2028 (USD Million)
Table 60 North America: Market for Modular, by Data Center Type, 2021-2028 (USD Million)
Table 61 North America: Market for Others, by End-user, 2021-2028 (USD Million)
Table 62 North America: Market for Others, by Data Center Type, 2021-2028 (USD Million)
8.3.4 By Country
Table 63 North America: Market, by Country, 2021-2028 (USD Million)
8.3.4.1 US
8.3.4.1.1 Increasing Demand for Circuit Monitoring in Commercial Sector
Table 64 US: Market, by End-user, 2021-2028 (USD Million)
Table 65 US: Market, by Data Center Type, 2021-2028 (USD Million)
8.3.4.2 Canada
8.3.4.2.1 Growing Demand for Power Distribution Components at Data Centers
Table 66 Canada: Market, by End-user, 2021-2028 (USD Million)
Table 67 Canada: Market, by Data Center Type, 2021-2028 (USD Million)
8.4 Europe
8.4.1 Recession Impact on Market in Europe
8.4.2 By Type
Table 68 Europe: Market, by Type, 2021-2028 (USD Million)
8.4.3 By End-user
Table 69 Europe: Market, by End-user, 2021-2028 (USD Million)
Table 70 Europe: Market, by Data Center Type, 2021-2028 (USD Million)
Table 71 Europe: Market for Modular, by End-user, 2021-2028 (USD Million)
Table 72 Europe: Market for Modular, by Data Center Type, 2021-2028 (USD Million)
Table 73 Europe: Market for Others, by End-user, 2021-2028 (USD Million)
Table 74 Europe: Market for Others, by Data Center Type, 2021-2028 (USD Million)
8.4.4 By Country
Table 75 Europe: Market, by Country, 2021-2028 (USD Million)
8.4.4.1 UK
8.4.4.1.1 Expansion of Data Center Networks by Major Players
Table 76 UK: Market, by End-user, 2021-2028 (USD Million)
Table 77 UK: Market, by Data Center Type, 2021-2028 (USD Million)
8.4.4.2 Germany
8.4.4.2.1 Increasing Emphasis on Reducing Energy Consumption
Table 78 Germany: Market, by End-user, 2021-2028 (USD Million)
Table 79 Germany: Market, by Data Center Type, 2021-2028 (USD Million)
8.4.4.3 France
8.4.4.3.1 Expansion of Cloud-based Services
Table 80 France: Market, by End-user, 2021-2028 (USD Million)
Table 81 France: Market, by Data Center Type, 2021-2028 (USD Million)
8.4.4.4 Italy
8.4.4.4.1 Rising Investments in Data Centers
Table 82 Italy: Market, by End-user, 2021-2028 (USD Million)
Table 83 Italy: Market, by Data Center Type, 2021-2028 (USD Million)
8.4.4.5 Rest of Europe
Table 84 Rest of Europe: Market, by End-user, 2021-2028 (USD Million)
Table 85 Rest of Europe: Market, by Data Center Type, 2021-2028 (USD Million)
8.5 South America
8.5.1 Recession Impact on Market in South America
8.5.2 By Type
Table 86 South America: Market, by Type, 2021-2028 (USD Million)
8.5.3 By End-user
Table 87 South America: Market, by End-user, 2021-2028 (USD Million)
Table 88 South America: Market, by Data Center Type, 2021-2028 (USD Million)
Table 89 South America: Market for Modular, by End-user, 2021-2028 (USD Million)
Table 90 South America: Market for Modular, by Data Center Type, 2021-2028 (USD Million)
Table 91 South America: Market for Others, by End-user, 2021-2028 (USD Million)
Table 92 South America: Market for Others, by Data Center Type, 2021-2028 (USD Million)
8.5.4 By Country
Table 93 South America: Market, by Country, 2021-2028 (USD Million)
8.5.4.1 Brazil
8.5.4.1.1 Ongoing Industrialization and Rising Environmental Concerns
Table 94 Brazil: Market, by End-user, 2021-2028 (USD Million)
Table 95 Brazil: Market, by Data Center Type, 2021-2028 (USD Million)
8.5.4.2 Argentina
8.5.4.2.1 Rising Adoption of Big Data and IoT
Table 96 Argentina: Market, by End-user, 2021-2028 (USD Million)
Table 97 Argentina: Market, by Data Center Type, 2021-2028 (USD Million)
8.5.4.3 Rest of South America
Table 98 Rest of South America: Market, by End-user, 2021-2028 (USD Million)
Table 99 Rest of South America: Market, by Data Center Type, 2021-2028 (USD Million)
8.6 Middle East & Africa
8.6.1 Recession Impact on Market in Middle East & Africa
8.6.2 By Type
Table 100 Middle East & Africa: Market, by Type, 2021-2028 (USD Million)
8.6.3 By End-user
Table 101 Middle East & Africa: Market, by End-user, 2021-2028 (USD Million)
Table 102 Middle East & Africa: Market, by Data Center Type, 2021-2028 (USD Million)
Table 103 Middle East & Africa: Market for Modular, by End-user, 2021-2028 (USD Million)
Table 104 Middle East & Africa: Market for Modular, by Data Center, 2021-2028 (USD Million)
Table 105 Middle East & Africa: Market for Others, by End-user, 2021-2028 (USD Million)
Table 106 Middle East & Africa: Market for Others, by Data Center Type, 2021-2028 (USD Million)
8.6.4 By Country
Table 107 Middle East & Africa: Market, by Country, 2021-2028 (USD Million)
8.6.4.1 South Africa
8.6.4.1.1 Rising Investments in Data Centers and Infrastructure Development
Table 108 South Africa: Market, by End-user, 2021-2028 (USD Million)
Table 109 South Africa: Market, by Data Center Type, 2021-2028 (USD Million)
8.6.4.2 Saudi Arabia
8.6.4.2.1 Rising Focus on Renewable Power Generation
Table 110 Saudi Arabia: Market, by End-user, 2021-2028 (USD Million)
Table 111 Saudi Arabia: Market, by Data Center Type, 2021-2028 (USD Million)
8.6.4.3 UAE
8.6.4.3.1 Increasing Government Expenditure on Data Centers
Table 112 UAE: Market, by End-user, 2021-2028 (USD Million)
Table 113 UAE: Market, by Data Center Type, 2021-2028 (USD Million)
8.6.4.4 Rest of Middle East & Africa
Table 114 Rest of Middle East & Africa: Market, by End-user, 2021-2028 (USD Million)
Table 115 Rest of Middle East & Africa: Market, by Data Center Type, 2021-2028 (USD Million)
9 Competitive Landscape
9.1 Key Players Strategies
Table 116 Overview of Key Strategies Adopted by Top Players, 2019-2023
9.2 Market Share Analysis of Top Five Players
Table 117 Market: Degree of Competition
Figure 37 Market Share Analysis, 2021
9.3 Revenue Analysis of Top Five Market Players
Figure 38 Top Players in Market, 2017-2021
9.4 Company Evaluation Quadrant
9.4.1 Stars
9.4.2 Pervasive Players
9.4.3 Emerging Leaders
9.4.4 Participants
Figure 39 Market: Company Evaluation Quadrant, 2021
9.5 Market: Company Footprint
Table 118 Company Type Footprint
Table 119 Company End-user Footprint
Table 120 Company Region Footprint
Table 121 Company Footprint
9.6 Competitive Scenarios and Trends
Table 122 Market: Deals, 2019-2023
Table 123 Market: Others, 2019-2023
10 Company Profiles
10.1 Key Players (Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, and Weaknesses and Competitive Threats)*
10.1.1 Schneider Electric
Table 124 Schneider Electric: Business Overview
Figure 40 Schneider Electric: Company Snapshot
Table 125 Schneider Electric: Products/Solutions/Services Offered
Table 126 Schneider Electric: Others
10.1.2 Eaton
Table 127 Eaton: Business Overview
Figure 41 Eaton: Company Snapshot
Table 128 Eaton: Products/Solutions/Services Offered
Table 129 Eaton: Deals
Table 130 Eaton: Others
10.1.3 ABB
Table 131 ABB: Business Overview
Figure 42 ABB: Company Snapshot
Table 132 ABB: Products/Solutions/Services Offered
10.1.4 Toshiba International Corporation
Table 133 Toshiba International Corporation: Business Overview
Figure 43 Toshiba International Corporation: Company Snapshot
Table 134 Toshiba International Corporation: Products/Solutions/Services Offered
10.1.5 Legrand
Table 135 Legrand: Business Overview
Figure 44 Legrand: Company Snapshot
Table 136 Legrand: Products/Solutions/Services Offered
10.1.6 Anord Mardix
Table 137 Anord Mardix: Business Overview
Table 138 Anord Mardix: Products/Solutions/Services Offered
Table 139 Anord Mardix: Deals
Table 140 Anord Mardix: Others
10.1.7 Packet Power
Table 141 Packet Power: Business Overview
Table 142 Packet Power: Products/Solutions/Services Offered
10.1.8 Senva Inc.
Table 143 Senva Inc.: Business Overview
Table 144 Senva Inc.: Products/Solutions/Services Offered
10.1.9 Socomec
Table 145 Socomec: Business Overview
Table 146 Socomec: Products/Solutions/Services Offered
Table 147 Socomec: Deals
Table 148 Socomec: Others
10.1.10 Omron Corporation
Table 149 Omron Corporation: Business Overview
Figure 45 Omron Corporation: Company Snapshot
Table 150 Omron Corporation: Products/Solutions/Services Offered
10.1.11 Acrel - Electric Co
Table 151 Acrel - Electric Co: Business Overview
Table 152 Acrel - Electric Co: Products/Solutions/Services Offered
Table 153 Acrel - Electric Co: Deals
10.1.12 Mpl Technologies
Table 154 Mpl Technologies: Business Overview
Table 155 Mpl Technologies: Products/Solutions/Services Offered
10.1.13 Daxten
Table 156 Daxten: Business Overview
Table 157 Daxten: Products/Solutions/Services Offered
Table 158 Daxten: Deals
10.1.14 Nhp
Table 159 Nhp: Business Overview
Table 160 Nhp: Products/Solutions/Services Offered
10.1.15 Accuenergy
Table 161 Accuenergy: Business Overview
Table 162 Accuenergy: Products/Solutions/Services Offered
10.2 Other Players
10.2.1 Cet Inc.
10.2.2 Bay Power Inc.
10.2.3 Nlyte Software
10.2.4 Elmeasure
10.2.5 Circuitmeter
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.