The circuit monitoring market size is expected to see strong growth in the next few years. It will grow to $1.83 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to expansion of smart grids, growth in industrial IoT adoption, development of AI-based monitoring solutions, increasing renewable energy integration, rising adoption in residential and commercial buildings. Major trends in the forecast period include smart energy management, predictive maintenance, remote monitoring solutions, real-time fault detection, energy optimization technologies.
The growing adoption of renewable energy sources is expected to drive the expansion of the circuit monitoring market. Renewable energy sources, such as solar, wind, hydro, geothermal, and biomass, offer sustainable and clean power. This shift toward renewables is fueled by concerns about climate change, the depletion of fossil fuel reserves, and the increasing need for sustainability. The widespread adoption of these energy sources is supported by innovations, government policies, and cost reductions. Circuit monitoring plays a crucial role in ensuring grid stability, detecting faults in real time, optimizing energy distribution, and enhancing system performance as renewable energy sources become more integrated. For example, in January 2024, the US Energy Information Administration reported that U.S. solar power generation is expected to grow by 75%, from 163 billion kWh in 2023 to 286 billion kWh by 2025, while wind power generation is projected to increase by 11%, from 430 billion kWh in 2023 to 476 billion kWh by 2025. As renewable energy adoption increases, the circuit monitoring market is poised for growth.
Major companies in the circuit monitoring market are advancing technologies such as next-generation digital air circuit breakers to enhance safety, efficiency, and sustainability in critical industries. These breakers combine real-time digital monitoring, protection, and control to optimize energy management and operational reliability. For example, in October 2024, Schneider Electric, a France-based energy technology and industrial company, launched the Masterpact MTZ Active circuit breaker, designed for high reliability and improved safety. It offers real-time energy monitoring through an advanced electrical control unit, enabling informed decisions to reduce energy consumption. The breaker includes a One-Push-Button Energy Reduction Maintenance Setting (ERMS) for rapid arc flash protection and a QR code for instant troubleshooting, minimizing downtime. Supporting power protection up to 6300 A, it integrates seamlessly with Schneider Electric’s digital energy management systems, making it ideal for continuously operating facilities such as data centers and healthcare centers.
In August 2025, Circuit Check, a US-based electronics manufacturing and electrical equipment company, acquired Solution Sources Programming (SSP) for an undisclosed amount. Through this acquisition, Circuit Check aims to become a full-service test and programming provider by combining SSP's expertise in test and programming solutions with Circuit Check's leading fixture design and automated test engineering capabilities. Solution Sources Programming (SSP), a US-based test and measurement company, provides services for the electronics manufacturing industry, including in-circuit testing (ICT).
Major companies operating in the circuit monitoring market are Siemens AG, General Electric Company, Schneider Electric S.E., ABB Limited, Toshiba International Corporation, Eaton Corporation plc, Molex LLC, Legrand S.A., Rockwell Automation Inc., Omron Corporation, Phoenix Contact GmbH & Co. KG, Leviton Manufacturing Company Inc., Socomec Group, ETA Elektrotechnische Apparate GmbH, NHP Electrical Engineering Products Pty Limited, Acrel Electric Co. Limited, Elmeasure India Private Limited, Accuenergy Inc., Anord Mardix, Nlyte Software LLC, Senva Inc., Schurter AG, CET Technology, CircuitMeter Inc., Packet Power LLC, Daxten Limited.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the circuit monitoring market by affecting the import and cost of electronic components, sensors, and smart meters. The increase in component prices has impacted segments such as smart circuit breakers and power meters, especially in regions like North America and Europe that rely on imports for advanced equipment. While tariffs may increase operational costs and slow adoption, they also encourage local manufacturing and innovation in energy-efficient monitoring solutions, creating opportunities for domestic suppliers.
The circuit monitoring market research report is one of a series of new reports that provides circuit monitoring market statistics, including the circuit monitoring industry's global market size, regional shares, competitors with a circuit monitoring market share, detailed circuit monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the circuit monitoring industry. This circuit monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Circuit monitoring refers to the process of collecting and analyzing electrical data from circuits to support power management and enhance energy efficiency. It is used to track, analyze, and optimize electrical performance by measuring voltage, current, and power consumption while detecting faults in real time.
The main product types in circuit monitoring include circuit breakers, contactors, relays, fuses, circuit protection modules, motor protection relays, residual current devices, power meters, and smart circuit breakers. Circuit breakers are designed to automatically interrupt the flow of electricity during faults or overloads, protecting circuits from damage and ensuring safe operation. Voltage ratings for these devices are categorized as low voltage (up to 1000V), medium voltage (1000V to 33kV), and high voltage (33kV and above). These products are used in a variety of applications, such as industrial automation, power generation and distribution, building automation, consumer electronics, transportation, medical equipment, and the oil and gas sector. Key end-users include manufacturers, utilities, commercial and residential buildings, and data centers.North America was the largest region in the circuit monitoring market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the circuit monitoring market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the circuit monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The circuit monitoring market consists of revenues earned by entities providing services such as real-time power monitoring, energy management, fault detection, predictive maintenance, and remote diagnostics. The market value includes the value of related goods sold by the service provider or included within the service offering. The circuit monitoring market also includes sales of monitoring devices, sensors, smart meters, software solutions, surge protectors, and relay panels. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Circuit Monitoring Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses circuit monitoring market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for circuit monitoring? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The circuit monitoring market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Product Type: Circuit Breakers; Contactors; Relays; Fuses; Circuit Protection Modules; Motor Protection Relays; Residual Current Devices; Power Meters; Smart Circuit Breakers2) By Voltage Rating: Low Voltage (Up To 1000V); Medium Voltage (1000V To 33kV); High Voltage (33kV And above)
3) By Application: Industrial Automation; Power Generation and Distribution; Building Automation; Consumer Electronics; Transportation; Medical Equipment; Oil And Gas
4) By End User: Manufacturers; Utilities; Commercial Buildings; Residential Buildings; Data Centers
Subsegments:
1) By Circuit Breakers: Air Circuit Breakers (ACB); Molded Case Circuit Breakers (MCCB); Miniature Circuit Breakers (MCB); Vacuum Circuit Breakers (VCB); SF6 Circuit Breakers2) By Contactors: Electromechanical Contactors; Solid-State Contactors; Magnetic Contactors; Definite Purpose Contactors; Lighting Contactors
3) By Relays: Electromechanical Relays; Solid-State Relays; Time Delay Relays; Protective Relays; Automotive Relays
4) By Fuses: Cartridge Fuses; Plug Fuses; Blade Fuses; Resettable Fuses; High-Rupture Capacity (HRC) Fuses
5) By Circuit Protection Modules: Surge Protection Devices (SPD); Overcurrent Protection Modules; Ground Fault Protection Modules; Arc Fault Protection Modules; Voltage Regulation Modules
6) By Motor Protection Relays: Overload Protection Relays; Phase Failure Relays; Voltage Monitoring Relays; Thermal Protection Relays; Digital Motor Protection Relays
7) By Residual Current Devices: Residual Current Circuit Breakers (RCCB); Residual Current Breakers with Overcurrent Protection (RCBO); Ground Fault Circuit Interrupters (GFCI); Portable Residual Current Devices (PRCD); Earth Leakage Circuit Breakers (ELCB)
8) By Power Meters: Analog Power Meters; Digital Power Meters; Smart Energy Meters; Multifunction Power Meters; Wireless Power Meters
9) By Smart Circuit Breakers: IoT-Enabled Circuit Breakers; Remote-Controlled Circuit Breakers; Self-Diagnostic Circuit Breakers; AI-Powered Circuit Breakers; Cloud-Connected Circuit Breakers
Companies Mentioned: Siemens AG; General Electric Company; Schneider Electric S.E.; ABB Limited; Toshiba International Corporation; Eaton Corporation plc; Molex LLC; Legrand S.A.; Rockwell Automation Inc.; Omron Corporation; Phoenix Contact GmbH & Co. KG; Leviton Manufacturing Company Inc.; Socomec Group; ETA Elektrotechnische Apparate GmbH; NHP Electrical Engineering Products Pty Limited; Acrel Electric Co. Limited; Elmeasure India Private Limited; Accuenergy Inc.; Anord Mardix; Nlyte Software LLC; Senva Inc.; Schurter AG; CET Technology; CircuitMeter Inc.; Packet Power LLC; Daxten Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Circuit Monitoring market report include:- Siemens AG
- General Electric Company
- Schneider Electric S.E.
- ABB Limited
- Toshiba International Corporation
- Eaton Corporation plc
- Molex LLC
- Legrand S.A.
- Rockwell Automation Inc.
- Omron Corporation
- Phoenix Contact GmbH & Co. KG
- Leviton Manufacturing Company Inc.
- Socomec Group
- ETA Elektrotechnische Apparate GmbH
- NHP Electrical Engineering Products Pty Limited
- Acrel Electric Co. Limited
- Elmeasure India Private Limited
- Accuenergy Inc.
- Anord Mardix
- Nlyte Software LLC
- Senva Inc.
- Schurter AG
- CET Technology
- CircuitMeter Inc.
- Packet Power LLC
- Daxten Limited
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 1.34 Billion |
| Forecasted Market Value ( USD | $ 1.83 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |


