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On marine vessels the Power Management System PMS is in charge of controlling the electrical system. Its task is to make sure that the electrical system is safe and efficient. If the power consumption is larger than the power production capacity, load shedding is used to avoid blackout. Other features could be to automatic start and stop consumers (e.g., diesel generators) as the load varies.
The Power Management System market revenue was 3593.38 Million USD in 2022, and will reach 5488.76 Million USD in 2028, with a CAGR of 7.32% during 2022-2028.
This report elaborates the market size, market characteristics, and market growth of the Power Management System industry, and breaks down according to the type, application, and consumption area of Power Management System. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describes the leading companies.
In Chapter 2.3 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Power Management System in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
Chapter 2.5 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 6-10 consider the impact of COVID-19 on the regional economy.
Key players in the global Power Management System market covered in Chapter 11:
Brush
Fuji Electric
Eaton
GE
Rockwell Automation
Siemens
Wärtsilä
Etap
ETAP
Mitsubishi Electric
ABB
In Chapter 3, on the basis of types, the Power Management System market from 2018 to 2028 is primarily split into:
Hardware
Software
Services
In Chapter 4, on the basis of applications, the Power Management System market from 2018 to 2028 covers:
Oil & Gas
Marine
Chemicals and Pharmaceuticals
Paper and Pulp
Metals and Mining
Utilities
Data Centers
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2028) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10:
North America (Covered in Chapter 6)
United States
Canada
Mexico
Europe (Covered in Chapter 7)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 8)
China
Japan
South Korea
Australia
India
Middle East and Africa (Covered in Chapter 9)
Saudi Arabia
UAE
Egypt
South Africa
South America (Covered in Chapter 10)
Brazil
Argentina
Columbia
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028