The power monitoring market is expected to grow from an estimated value of USD +3.45 Billion in 2017 to USD +4.56 Billion by 2022, at a CAGR of +5.75%, from 2017 to 2022. The global market is set to witness a significant growth due to increasing investments in smart grids and the renewable sector and increasing focus on efficient utilization of resources. The equipment portion incorporates metering and specialized gadgets and estimation gadgets, for example, computerized meters, power meters, shrewd meters, correspondence systems, power quality analyzers, lumberjacks, recorders, sensors, current transformers, and voltage transformers. The fragment is required to hold the real offer because of the savvy meter rollout designs and expanding interests in keen matrices in areasThis report can effectively help companies and decision makers in addressing these challenges strategically to gain the maximum benefits in the highly competitive market.