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Electrical Power Monitoring System Market Forecast to Grow at 5.6% CAGR, Reaching USD 6122.3 Million by 2030 | Valuates Reports

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BANGALORE, India, March 12, 2025 /PRNewswire/ — Electrical Power Monitoring System Market is Segmented by Type (Single-circuit EPMS, Multi-circuit EPMS), by Application (Industrial, Residential, Commercial).

The Global Market for Electrical Power Monitoring System (EPMS) was estimated to be worth USD 4200 Million in 2023 and is forecast to a readjusted size of USD 6122.3 Million by 2030 with a CAGR of 5.6% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Electrical Power Monitoring System Market:

The EPMS market is experiencing robust growth as businesses increasingly adopt advanced energy management solutions to optimize operations and reduce costs. Technological innovations, coupled with rising energy demands and the need for sustainable infrastructure, are fueling market expansion.

Companies are investing in smart EPMS systems that offer real-time monitoring and automated controls, leading to enhanced operational efficiency and safety. Strategic partnerships and government initiatives further boost market development by promoting standardized practices and widespread adoption.

As energy management becomes a critical focus for industrial modernization, the EPMS market is set to continue its upward trajectory, driven by continuous innovation and a commitment to sustainable growth. This sustained momentum, supported by evolving regulatory frameworks and technological breakthroughs, guarantees market prosperity.

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TRENDS INFLUENCING THE GROWTH OF THE ELECTRICAL POWER MONITORING SYSTEM (EPMS) MARKET:

Single-circuit EPMS systems are instrumental in driving the growth of the EPMS market by providing streamlined energy management solutions. These systems integrate monitoring, control, and protection functionalities within a single circuit design, ensuring efficient performance and ease of installation. The simplicity of single-circuit configurations minimizes complexity and reduces costs, making them attractive for a wide range of applications. By enabling precise control over energy usage and enhancing system reliability, single-circuit EPMS solutions contribute to operational efficiency and safety. Their cost-effective nature and ease of integration have led to widespread adoption in various industries, propelling market expansion and encouraging further technological refinements. This robust performance drives customer satisfaction, accelerates adoption across sectors, and solidifies market confidence in EPMS technologies globally fast.

Multi-circuit EPMS systems are transforming the IEPMS market by offering enhanced functionality through segmented control of energy distribution. Their design enables simultaneous monitoring of multiple circuits, ensuring optimal performance and improved fault isolation. This multi-circuit configuration allows for more detailed energy analysis and efficient troubleshooting, which is essential for complex industrial environments. The flexibility offered by these systems caters to diverse operational needs and supports customized energy management strategies. As a result, multi-circuit EPMS solutions are increasingly favored in sectors requiring rigorous monitoring and precise control. Their ability to optimize energy utilization while reducing operational risks is propelling market growth and driving broader adoption in technologically advanced applications. This approach boosts operational efficiency, elevates performance standards, and inspires industry confidence.

Industrial sectors are significantly driving the growth of the EPMS market by demanding advanced energy management systems for complex operations. These sectors require robust, reliable solutions to monitor and control electrical distribution, ensuring uninterrupted operations and optimal energy usage. The industrial adoption of EPMS technologies is fueled by the need to minimize downtime, improve safety, and reduce energy wastage. As industries modernize their infrastructure, the integration of EPMS solutions becomes critical in maintaining efficiency and reducing operational costs. Enhanced system capabilities, such as real-time monitoring and fault detection, are increasingly valued in industrial settings. Consequently, the industrial sector’s emphasis on energy optimization is propelling EPMS market growth globally. This demand for energy management systems continues to stimulate global market expansion.

Lowering operational expenses is a primary factor propelling the growth of the EPMS market. Companies are increasingly focused on reducing energy wastage and cutting maintenance costs by implementing efficient energy management solutions. EPMS systems enable real-time monitoring and automated control, which contribute to significant cost savings over time. This cost efficiency is particularly crucial for large-scale industrial operations where energy consumption represents a substantial portion of operational expenses. As businesses strive to improve their bottom line, the adoption of EPMS technologies becomes a strategic priority. The resultant decrease in energy expenditure not only enhances profitability but also supports sustainable business practices, thereby reinforcing the overall market trajectory. Reduced operational costs drive investments and accelerate growth in EPMS sectors.

Improvements in system performance and energy optimization are key drivers for EPMS market expansion. EPMS technologies enable precise control over energy distribution, ensuring minimal losses and optimal performance across various applications. The ability to monitor energy usage in real time allows businesses to fine-tune operations and reduce inefficiencies. This results in improved operational reliability and cost savings, which are highly valued in competitive industries. As companies seek to maximize productivity and minimize waste, enhanced efficiency becomes a critical selling point for EPMS solutions. The consistent push towards higher energy utilization and process optimization further propels market growth, offering a robust return on investment for adopters. Superior system efficiency leads to greater energy savings and long-term financial benefits consistently.

EPMS solutions are increasingly adopted due to their ability to enhance system safety and operational reliability. By continuously monitoring energy usage and detecting potential faults, these systems help prevent accidents and equipment failures. This proactive approach to safety not only protects assets but also reduces downtime and associated costs. Industries value the reliability offered by EPMS technologies, as consistent performance is crucial for maintaining uninterrupted operations. The integration of advanced sensors and automated controls further solidifies the trust placed in these systems. As safety standards become more stringent, the demand for reliable EPMS solutions continues to rise, driving market growth and ensuring compliance with regulatory requirements. Enhanced safety features guarantee long-term reliability and build customer trust worldwide.

The adaptable design of EPMS solutions offers unparalleled scalability, allowing businesses to expand their energy management systems in line with growing operational demands. These systems are engineered to be flexible, supporting integration with various components and accommodating future technological advancements. This adaptability ensures that EPMS installations can be upgraded as organizational needs evolve without requiring complete system overhauls. The scalability factor is particularly important for large enterprises and industrial facilities, where energy demands can fluctuate significantly. By offering flexible configurations, EPMS solutions empower companies to optimize their energy infrastructure efficiently and cost-effectively. This robust scalability and flexibility accommodate rapid expansion while significantly reducing upgrade costs, ensuring businesses remain agile, competitive, and well-prepared for future energy challenges globally.

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ELECTRICAL POWER MONITORING SYSTEM (EPMS) MARKET SHARE:

North America and Europe exhibit strong market performance, driven by advanced automation and sustainability initiatives.

Meanwhile, the Asia-Pacific region is emerging rapidly, fueled by growing industrialization and increasing investments in smart energy solutions.

Key Companies:

Siemens AGSchneider ElectricEatonFluke CorporationPanasonicYokogawaEmersonMitsubishi PowerFuji ElectricRockwell AutomationHitachiSimco IonGossen Metrawatt GmbHTele HaaseOmicron ElectronicsAquasAstrel GroupAcrelSocomec

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          Circuit Monitoring System Market was estimated to be worth USD 629 Million in 2023 and is forecast to a readjusted size of USD 868.1 Million by 2030 with a CAGR of 4.7% during the forecast period 2024-2030.

–          Three-phase Intelligent Circuit Breaker Market

–          Single-Circuit Power Monitoring Units Market

–          Electricity Meter External Circuit-breakers Market

–          Supervisory Circuits Market

–          Low Voltage Electrical Panel Board Market

–          Power-limited Circuit Cable Market was valued at USD 114 Million in the year 2024 and is projected to reach a revised size of USD 155 Million by 2031, growing at a CAGR of 4.6% during the forecast period.

–          Low Voltage Molded Case Circuit Breaker Market was estimated to be worth USD 6801 Million in 2023 and is forecast to a readjusted size of USD 10460 Million by 2030 with a CAGR of 6.2% during the forecast period 2024-2030.

–          Electrical And Electronics Market

–          Low Voltage E-House Market

–          Readout Integrated Circuits Market was estimated to be worth USD 4164.4 Million in 2023 and is forecast to a readjusted size of USD 6010.3 Million by 2030 with a CAGR of 4.5% during the forecast period 2024-2030

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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As ADA Anniversary Approaches, University of Phoenix Survey Highlights AI’s Potential to Advance Accessibility in Work and Learning

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Survey conducted by The Harris Poll on behalf of University of Phoenix finds among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.

PHOENIX, July 24, 2026 /PRNewswire/ — As artificial intelligence becomes part of how people work, learn and solve problems, a new University of Phoenix survey conducted by The Harris Poll finds that recent working learners see meaningful opportunities for AI to support accessibility. The survey was designed to understand the impact of AI in the workplace and learning environments on accessibility, defined as ensuring digital content, tools and resources, including AI tools and output, are usable by people with different abilities through inclusive design, use of assistive technology or conformance with accessibility standards, such as the Web Content Accessibility Guidelines (WCAG). The findings are being released ahead of the 36th anniversary of the Americans with Disabilities Act (ADA) on July 26.

The survey, conducted among 1,019 U.S. employed adults who completed a professionally presented training or school course in the past 12 months (“recent working learners”), found that, among workers already using AI in the workplace, 3 in 5 (60%) say AI has improved their knowledge of and ability to use accessibility standards and guidelines, including nearly 1 in 5 (19%) who report significant improvement. 

While the findings point to optimism about AI’s accessibility potential, they also reveal an opportunity for clearer organizational guidance: 45% of respondents say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.

“The reality is that accessibility benefits everyone,” shares Kelly Hermann, Vice President of Accessibility and Student Affairs at University of Phoenix. “If accessibility is built in from the beginning, organizations are more likely to create AI-enabled environments that are universally usable. Clearer content, better summaries, accurate captions, and multiple formats can help workers and learners with disabilities, but they also help busy adults, multilingual learners, mobile users, and anyone trying to absorb information quickly.”

Key findings from the survey include:

Workers see AI’s accessibility potential: 89% of recent working learners identify workflows that could benefit from AI and accessibility tools, especially creating accessible documents, presentations, websites or learning materials (38%), presenting information in different formats such as plain language, audio, summaries or translations (33%), and training employees or learners on accessibility practices (30%).AI may help build accessibility awareness: Among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.Accessibility is not always clear in workplace AI policies: 45% of recent working learners say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.AI tools may not yet fully support different access needs: Among those who use workplace AI tools, only about a quarter of survey respondents (27%) say AI tools available through their workplace or professional learning environment support people with disabilities very well.Human oversight remains important: 36% of recent working learners say human review for important decisions or high-impact work should be part of responsible AI use at work or school.Workers also recognize how AI and accessibility can have an impact on their own career journey: 90% of recent working learners identify AI and accessibility skills that would be valuable in their current or desired career field, including 45% who see value in understanding when AI-generated content needs human review.

Why accessibility is essential to responsible AI adoption

As AI tools are used to draft documents, summarize information, generate captions and transcripts, create image descriptions, support learning and assist with workplace tasks, accessibility becomes central to responsible use. Poorly implemented AI can also create or amplify barriers, including inaccessible content, inaccurate summaries, biased outputs and tools that do not work effectively with assistive technologies.

“Responsible AI is not only about productivity,” Hermann said. “It is about whether the technology works for the people who need to use it. AI can help create more accessible materials and more flexible ways to engage with information, but it still requires clear policies, practical training and human judgment to make sure the outputs are accurate, applicable and usable.”

What the findings mean for employers and educators

The survey suggests that organizations have an opportunity to align AI adoption with supportive design, accessibility practices and workforce training. Employers and educators can take immediate steps by:

Naming accessibility directly in AI policies and guidance.Choosing AI tools with accessibility and assistive technology compatibility in mind.Training workers and learners to create, check and improve accessible AI-generated content.Making support pathways clear for people who experience barriers using AI tools.Keeping human review in place for important decisions, high-impact work and accessibility-sensitive outputs.

The survey also found workers want practical AI training. The most helpful resources identified by recent working learners include real-world examples from their field or industry (36%), hands-on practice using realistic workplace scenarios (34%) and step-by-step demonstrations of common tasks (33%).

Accessibility insights from University of Phoenix

Hermann shared the survey findings ahead of the ADA anniversary in recent media interviews. Hermann oversees the University’s accessibility initiative, including evaluation and remediation of curricular resources, the Center for Access, Resources, Engagement and Support Services (CARES), and the Office of Collaborative Learning and Educational Engagement. Her work focuses on fostering accessible and welcoming educational environments for students, faculty and staff.

Hermann’s office at University of Phoenix also convenes accessibility conversations through initiatives such as Access Amplified™, a free, annual virtual event focused on advancing digital accessibility in web development. The event brings together engineers, developers, designers, content authors and digital strategists for practical strategies and human-centered conversations that address the gap between coding practices and how users with assistive technology experience the web.

About the survey

The survey was conducted online within the United States by The Harris Poll on behalf of University of Phoenix from June 22–29, 2026, among 1,019 employed adults ages 18 and older who have taken a professionally presented training or a school course in the past 12 months, referred to as “recent working learners.” Data were weighted where necessary by age, gender, race/ethnicity, region, education, employment, marital status, household size, household income and smoking status to bring them in line with their actual proportions in the population.

Respondents for this survey were selected from among those who have agreed to participate in surveys. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 3.8 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest.

Review the complete survey at phoenix.edu/aiaccessibility.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu. 

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Mastech Digital to Announce Second Quarter 2026 Financial Results; Participate in Upcoming Investor Conference

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PITTSBURGH, July 24, 2026 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH) (“Mastech Digital”), a leading provider of Digital Transformation IT Services, today announced the date for the release of its financial results for the second quarter ended June 30, 2026, and its participation in an upcoming investor conference.

Second Quarter 2026 Earnings:

Mastech Digital will report its financial results for the second quarter 2026 before the market opens on Thursday, August 6, 2026. Management will host a live conference call and webcast at 9:00 a.m. Eastern Time on that day to discuss the Company’s financial performance and operating results.  The conference call will be hosted by Nirav Patel, President and CEO, and Kannan Sugantharaman, Chief Financial and Operations Officer.

Those wishing to participate via webcast should access the call through Mastech Digital’s Investor Relations website at https://investors.mastechdigital.com. Those wishing to participate via telephone may dial in at 1-800-715-9871 (USA) or 1-646-307-1963 (International) with the passcode 7506988. The replay will be available via webcast through Mastech Digital’s Investor Relations website.

Upcoming Investor Conference:

Mr. Sugantharaman will host a fireside chat at the Sidoti Micro-Cap Investor Conference on Wednesday, August 19, 2026, at 9:15 a.m. Eastern Time.

Mastech Digital management is scheduled to host virtual one-on-one and small group meetings with investors during the conference on August 19-20, 2026. Investors interested in arranging a meeting should contact their Sidoti representative or reach out to the Mastech Digital investor relations team at investors@mastechdigital.com.

About Mastech Digital, Inc.

Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company offers Data Management, Analytics & AI Solutions, and IT Staffing Services with a digital-first approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA, with offices across the U.S., Canada, Europe, and India. Visit us at www.mastechdigital.com.

Investor Relations Contact:
investors@mastechdigital.com 

 

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SOLAI Limited Announces Extraordinary General Meeting

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AKRON, Ohio, July 24, 2026 /PRNewswire/ — SOLAI Limited (NYSE: SLAI) (“SOLAI” or the “Company”) (previously known as “BIT Mining Limited”), a technology-driven personal AI and digital infrastructure provider, today announced that it will hold its extraordinary general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio, US on August 14, 2026 at 10:00 a.m., New York time.

Holders of record of ordinary shares and preference shares of the Company at the close of business on July 20, 2026, New York time (the “Record Date”) are entitled to receive notice of, and to attend and vote at, the extraordinary general meeting or any adjournment thereof. Holders of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The notice of the extraordinary general meeting, which sets forth the resolutions to be submitted to shareholder approval at the extraordinary general meeting is available on the Investor Relations section of the Company’s website at https://ir.solai.com

About SOLAI Limited

SOLAI Limited (previously known as “BIT Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure for personal AI computing and digital asset ecosystems globally.

For more information:

SOLAI Limited
ir@solai.com
ir.solai.com
www.solai.com 

Christensen Advisory
Jason Ng
Tel: +852-2117-0861
Email: solai@christensencomms.com 

 

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