Global Phasor Measurement Unit Market Growth 2025-2031

Publication ID:

LPI05256211

Publication Date:

May 15, 2025

Pages:

106

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Phasor Measurement Unit market size is predicted to grow from US$ 708 million in 2025 to US$ 1066 million in 2031; it is expected to grow at a CAGR of 7.1% from 2025 to 2031.
A Phasor Measurement Unit (PMU) is a high-speed sensor designed to measure the synchronized phasors of voltage and current in a power system with microsecond-level accuracy. This capability significantly outpaces traditional SCADA (Supervisory Control and Data Acquisition) technology in terms of speed and precision.
Market Overview
The PMU market has witnessed substantial growth in recent years, driven by factors such as the increasing need for grid reliability and stability, advancements in technology, and the integration of renewable energy sources into the grid. The market is expected to continue to expand in the coming years, fueled by ongoing investments in smart grid infrastructure and the adoption of digital technologies in the energy sector.
Market Trends and Drivers
Several trends are shaping the PMU market, including:
Integration with Advanced Analytics: The integration of PMU data with advanced analytics tools is enabling more accurate and real-time insights into power system dynamics, driving demand for PMUs.
Renewable Energy Integration: The increasing integration of renewable energy sources into the grid is creating a need for more sophisticated monitoring and control systems, including PMUs.
Smart Grid Development: Ongoing investments in smart grid infrastructure are fueling demand for PMUs, as they play a critical role in real-time monitoring and control of power systems.
Challenges and Opportunities
While the PMU market presents significant growth opportunities, it also faces some challenges. These include the need for standardization and interoperability of PMU devices, the high cost of deployment and maintenance, and the complexity of integrating PMU data into existing power system control and monitoring systems. Despite these challenges, the market is expected to continue to grow, driven by ongoing advancements in technology and the increasing need for grid reliability and stability.
In conclusion, the Phasor Measurement Unit market is a dynamic and evolving segment within the energy and power industry. With ongoing investments in smart grid infrastructure and the adoption of digital technologies, the market is poised for significant growth in the coming years. Key players in the market are continuously innovating and expanding their offerings to meet the evolving needs of the energy sector.
The 鈥淧hasor Measurement Unit Industry Forecast鈥� looks at past sales and reviews total world Phasor Measurement Unit sales in 2024, providing a comprehensive analysis by region and market sector of projected Phasor Measurement Unit sales for 2025 through 2031. With Phasor Measurement Unit sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phasor Measurement Unit industry.
This Insight Report provides a comprehensive analysis of the global Phasor Measurement Unit landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phasor Measurement Unit portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Phasor Measurement Unit market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phasor Measurement Unit and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phasor Measurement Unit.
This report presents a comprehensive overview, market shares, and growth opportunities of Phasor Measurement Unit market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
9 Analog Channels
18 Analog Channels
36 Analog Channels
Others
Segmentation by Application:
Power Plant
Distribution Station
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Qualitrol
Siemens
Hitachi
GE
Arbiter Systems
VCL
Elspec
Kenda Group
Vizimax
Fluke
Insulect
EIG
NR Electric
Beijing Sifang Automation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Phasor Measurement Unit market?
What factors are driving Phasor Measurement Unit market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Phasor Measurement Unit market opportunities vary by end market size?
How does Phasor Measurement Unit break out by Type, by Application?

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Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Phasor Measurement Unit Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Phasor Measurement Unit by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Phasor Measurement Unit by Country/Region, 2020, 2024 & 2031
2.2 Phasor Measurement Unit Segment by Type
2.2.1 9 Analog Channels
2.2.2 18 Analog Channels
2.2.3 36 Analog Channels
2.2.4 Others
2.3 Phasor Measurement Unit Sales by Type
2.3.1 Global Phasor Measurement Unit Sales Market Share by Type (2020-2025)
2.3.2 Global Phasor Measurement Unit Revenue and Market Share by Type (2020-2025)
2.3.3 Global Phasor Measurement Unit Sale Price by Type (2020-2025)
2.4 Phasor Measurement Unit Segment by Application
2.4.1 Power Plant
2.4.2 Distribution Station
2.4.3 Others
2.5 Phasor Measurement Unit Sales by Application
2.5.1 Global Phasor Measurement Unit Sale Market Share by Application (2020-2025)
2.5.2 Global Phasor Measurement Unit Revenue and Market Share by Application (2020-2025)
2.5.3 Global Phasor Measurement Unit Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Phasor Measurement Unit Breakdown Data by Company
3.1.1 Global Phasor Measurement Unit Annual Sales by Company (2020-2025)
3.1.2 Global Phasor Measurement Unit Sales Market Share by Company (2020-2025)
3.2 Global Phasor Measurement Unit Annual Revenue by Company (2020-2025)
3.2.1 Global Phasor Measurement Unit Revenue by Company (2020-2025)
3.2.2 Global Phasor Measurement Unit Revenue Market Share by Company (2020-2025)
3.3 Global Phasor Measurement Unit Sale Price by Company
3.4 Key Manufacturers Phasor Measurement Unit Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Phasor Measurement Unit Product Location Distribution
3.4.2 Players Phasor Measurement Unit Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Phasor Measurement Unit by Geographic Region
4.1 World Historic Phasor Measurement Unit Market Size by Geographic Region (2020-2025)
4.1.1 Global Phasor Measurement Unit Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Phasor Measurement Unit Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Phasor Measurement Unit Market Size by Country/Region (2020-2025)
4.2.1 Global Phasor Measurement Unit Annual Sales by Country/Region (2020-2025)
4.2.2 Global Phasor Measurement Unit Annual Revenue by Country/Region (2020-2025)
4.3 Americas Phasor Measurement Unit Sales Growth
4.4 APAC Phasor Measurement Unit Sales Growth
4.5 Europe Phasor Measurement Unit Sales Growth
4.6 Middle East & Africa Phasor Measurement Unit Sales Growth
5 Americas
5.1 Americas Phasor Measurement Unit Sales by Country
5.1.1 Americas Phasor Measurement Unit Sales by Country (2020-2025)
5.1.2 Americas Phasor Measurement Unit Revenue by Country (2020-2025)
5.2 Americas Phasor Measurement Unit Sales by Type (2020-2025)
5.3 Americas Phasor Measurement Unit Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Phasor Measurement Unit Sales by Region
6.1.1 APAC Phasor Measurement Unit Sales by Region (2020-2025)
6.1.2 APAC Phasor Measurement Unit Revenue by Region (2020-2025)
6.2 APAC Phasor Measurement Unit Sales by Type (2020-2025)
6.3 APAC Phasor Measurement Unit Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Phasor Measurement Unit by Country
7.1.1 Europe Phasor Measurement Unit Sales by Country (2020-2025)
7.1.2 Europe Phasor Measurement Unit Revenue by Country (2020-2025)
7.2 Europe Phasor Measurement Unit Sales by Type (2020-2025)
7.3 Europe Phasor Measurement Unit Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Phasor Measurement Unit by Country
8.1.1 Middle East & Africa Phasor Measurement Unit Sales by Country (2020-2025)
8.1.2 Middle East & Africa Phasor Measurement Unit Revenue by Country (2020-2025)
8.2 Middle East & Africa Phasor Measurement Unit Sales by Type (2020-2025)
8.3 Middle East & Africa Phasor Measurement Unit Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Phasor Measurement Unit
10.3 Manufacturing Process Analysis of Phasor Measurement Unit
10.4 Industry Chain Structure of Phasor Measurement Unit
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Phasor Measurement Unit Distributors
11.3 Phasor Measurement Unit Customer
12 World Forecast Review for Phasor Measurement Unit by Geographic Region
12.1 Global Phasor Measurement Unit Market Size Forecast by Region
12.1.1 Global Phasor Measurement Unit Forecast by Region (2026-2031)
12.1.2 Global Phasor Measurement Unit Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Phasor Measurement Unit Forecast by Type (2026-2031)
12.7 Global Phasor Measurement Unit Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Qualitrol
13.1.1 Qualitrol Company Information
13.1.2 Qualitrol Phasor Measurement Unit Product Portfolios and Specifications
13.1.3 Qualitrol Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Qualitrol Main Business Overview
13.1.5 Qualitrol Latest Developments
13.2 Siemens
13.2.1 Siemens Company Information
13.2.2 Siemens Phasor Measurement Unit Product Portfolios and Specifications
13.2.3 Siemens Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Siemens Main Business Overview
13.2.5 Siemens Latest Developments
13.3 Hitachi
13.3.1 Hitachi Company Information
13.3.2 Hitachi Phasor Measurement Unit Product Portfolios and Specifications
13.3.3 Hitachi Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Hitachi Main Business Overview
13.3.5 Hitachi Latest Developments
13.4 GE
13.4.1 GE Company Information
13.4.2 GE Phasor Measurement Unit Product Portfolios and Specifications
13.4.3 GE Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 GE Main Business Overview
13.4.5 GE Latest Developments
13.5 Arbiter Systems
13.5.1 Arbiter Systems Company Information
13.5.2 Arbiter Systems Phasor Measurement Unit Product Portfolios and Specifications
13.5.3 Arbiter Systems Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Arbiter Systems Main Business Overview
13.5.5 Arbiter Systems Latest Developments
13.6 VCL
13.6.1 VCL Company Information
13.6.2 VCL Phasor Measurement Unit Product Portfolios and Specifications
13.6.3 VCL Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 VCL Main Business Overview
13.6.5 VCL Latest Developments
13.7 Elspec
13.7.1 Elspec Company Information
13.7.2 Elspec Phasor Measurement Unit Product Portfolios and Specifications
13.7.3 Elspec Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Elspec Main Business Overview
13.7.5 Elspec Latest Developments
13.8 Kenda Group
13.8.1 Kenda Group Company Information
13.8.2 Kenda Group Phasor Measurement Unit Product Portfolios and Specifications
13.8.3 Kenda Group Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Kenda Group Main Business Overview
13.8.5 Kenda Group Latest Developments
13.9 Vizimax
13.9.1 Vizimax Company Information
13.9.2 Vizimax Phasor Measurement Unit Product Portfolios and Specifications
13.9.3 Vizimax Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Vizimax Main Business Overview
13.9.5 Vizimax Latest Developments
13.10 Fluke
13.10.1 Fluke Company Information
13.10.2 Fluke Phasor Measurement Unit Product Portfolios and Specifications
13.10.3 Fluke Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Fluke Main Business Overview
13.10.5 Fluke Latest Developments
13.11 Insulect
13.11.1 Insulect Company Information
13.11.2 Insulect Phasor Measurement Unit Product Portfolios and Specifications
13.11.3 Insulect Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Insulect Main Business Overview
13.11.5 Insulect Latest Developments
13.12 EIG
13.12.1 EIG Company Information
13.12.2 EIG Phasor Measurement Unit Product Portfolios and Specifications
13.12.3 EIG Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 EIG Main Business Overview
13.12.5 EIG Latest Developments
13.13 NR Electric
13.13.1 NR Electric Company Information
13.13.2 NR Electric Phasor Measurement Unit Product Portfolios and Specifications
13.13.3 NR Electric Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 NR Electric Main Business Overview
13.13.5 NR Electric Latest Developments
13.14 Beijing Sifang Automation
13.14.1 Beijing Sifang Automation Company Information
13.14.2 Beijing Sifang Automation Phasor Measurement Unit Product Portfolios and Specifications
13.14.3 Beijing Sifang Automation Phasor Measurement Unit Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Beijing Sifang Automation Main Business Overview
13.14.5 Beijing Sifang Automation Latest Developments
14 Research Findings and Conclusion

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