Power Management System Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers the scope of Global Power Management System Market and it is segmented by End User (Utilities, Data Centers, Oil and Gas, Marine and other End Users), and Geography.

Power Management System Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Power Management Market Size

Power Management System Market Size
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 7.02 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Power Management System Market Key Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Global Power Management System Market with other markets in Energy & Power Industry

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Power Management Market Analysis

The Global Power Management System Market is expected to register a CAGR of 7.02% during the forecast period.

  • With automation, robotics, and IoT connectivity propelling in smart factories globally, there is a critical need to ensure robustness of electrical systems. Power management systems, in such scenario, help improve reliability of electrical distribution and optimize consumption.
  • According to a 2019 survey by 360training.com, a provider of online OSHA and EHS training, done on more than 1,000 adults working in industries, impacted by Environment, Health and Safety (EHS), including utilities, construction, transportation, and manufacturing, slips, trips and falls, and electrical hazards were the top safety concerns for utility worker. The survey found that concern for on-the-job survey is on the rise with 39% of all respondents more concerned with on-the-job safety in 2019 than they were in 2018. This signifies an increasing need for power management systems.
  • Aditionally, During the recent COVID-19 outbreak and nationwide lockdown in many of the regions, the power consumption witnessed a surge, which also increased in load shedding cases. These load shedding and management solutions will find massive growth opportunities for the market in various regions. 
  • For instance, despite a drop in demand due to the COVID-19 lockdown in South Africa, State-run Eskom implemented various rounds of load shedding since the COVID-19 outbreak. The authority recently implemented the latest round of load shedding due to the severe problem in the power generation system in September 2020. Load shedding is likely to continue until September 2021, according to the government.

Power Management Industry Overview

The Power Management Systems market is competitive and consists several major players. However, in terms of market share, few of the major players currently dominate the market. These major players, with a prominent share in the market, are focusing on expanding their customer bases across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market shares and profitability. The key players are ABB Ltd, Noris Group GMBH and few others. Recent developments in the market are -

  • July 2019 - NORIS Group and SIBO Group extended their joint venture NORIS-SIBO Automation for a further fifteen years. By this joint venture, the company is strengthening its position in the Chinese market in the future.

Power Management Market Leaders

  1. ComAp AS

  2. Brush Group

  3. ABB LIMITED

  4. etap (Operation Technology Inc.)

  5. Wartsila oyj abp

  6. *Disclaimer: Major Players sorted in no particular order
ABB Ltd, Noris Group GMBH
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Power Management Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Assessment of the COVID-19 Impact
  • 4.3 Industry Attractiveness - Porter's Five Industry Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers?
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitutes
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Industry Stakeholder Analysis
  • 4.5 Components of Power Management System
    • 4.5.1 Protection System
    • 4.5.2 Wide Area Control Systems or Remedial Action Schemes (RAS)
    • 4.5.2.1 Influencing Factors for RAS
    • 4.5.2.2 Influencing Factors for RASCentralized RAS (CRAS) V/s Standalone RAS
    • 4.5.2.3 Projects Describing Electrical Power Grid Remediation
    • 4.5.3 Diagnostic and Engineering Tools
    • 4.5.4 Visualization and Data Archiving Systems
  • 4.6 Power Management System Application Landscape
    • 4.6.1 Load Shedding and Management
    • 4.6.2 Voltage Control and Regulation
    • 4.6.3 Power Monitoring and Control
    • 4.6.4 Switching and Safety Management
    • 4.6.5 Impact of COVID-19 on the Power Management System Market
  • 4.7 Market Drivers
    • 4.7.1 Increasing Focus on Safety, Especially in the Manufacturing Environment
    • 4.7.2 Increase in Awareness Regarding Energy Efficiency due to Government Regulations
  • 4.8 Market Challenges
    • 4.8.1 Risk to Data Security Caused by Occurrence of Cyber Attacks
  • 4.9 Market Opportunities
    • 4.9.1 Development of Urban Infrastructure in the Emerging Economies

5. MARKET SEGMENTATION

  • 5.1 End User
    • 5.1.1 Utilities
    • 5.1.2 Data Centers
    • 5.1.3 Oil and Gas
    • 5.1.4 Marine
    • 5.1.5 Other End Users
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia-Pacific
    • 5.2.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 ComAp AS
    • 6.1.2 Brush Group
    • 6.1.3 Nipro Corporation
    • 6.1.4 ABB Ltd
    • 6.1.5 etap (Operation Technology Inc.)
    • 6.1.6 Wartsila Oyj Abp
    • 6.1.7 INTECH Process Automation Inc.
    • 6.1.8 RH Marine Netherlands BV
    • 6.1.9 Marine Control Services
    • 6.1.10 Kongsberg Gruppen ASA
    • 6.1.11 SELMA
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Power Management Industry Segmentation

A Power Managemnt System (PMS) is a control system or electrical generators which are often provided as a part of the IAS. They ensure the safety, reliability and efficiency of all the electrical distribution systems in a given area. Hence ensuring the power capacity is in line with vessel power at any time. The study is focuses only on various harware porvided by diffrent competitive vendors

End User Utilities
Data Centers
Oil and Gas
Marine
Other End Users
Geography North America
Europe
Asia-Pacific
Rest of the World
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Power Management Market Research FAQs

What is the current Global Power Management System Market size?

The Global Power Management System Market is projected to register a CAGR of 7.02% during the forecast period (2025-2030)

Who are the key players in Global Power Management System Market?

ComAp AS, Brush Group, ABB LIMITED, etap (Operation Technology Inc.) and Wartsila oyj abp are the major companies operating in the Global Power Management System Market.

Which is the fastest growing region in Global Power Management System Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Power Management System Market?

In 2025, the Asia Pacific accounts for the largest market share in Global Power Management System Market.

What years does this Global Power Management System Market cover?

The report covers the Global Power Management System Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Power Management System Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Power Management Systems Industry Report

Statistics for the 2025 Global Power Management System market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Power Management System analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.