Circuit Monitoring Market

Market Definition

Circuit monitoring is the continuous observation and measurement of electrical circuits. It is used to assess performance and detect anomalies by tracking voltage, current, and load fluctuations.

Circuit monitoring is used in utility networks, industrial operations, commercial buildings, and renewable energy installations where consistent electrical performance is critical. The report includes a deep-dive into the market based on key trends, drivers, and innovations in this landscape.

Circuit Monitoring Market Overview

The global circuit monitoring market size was valued at USD 711.34 million in 2024 and is projected to grow from USD 743.16 million in 2025 to USD 1,049.79 million by 2032, exhibiting a CAGR of 5.06% during the forecast period.

The market is driven by rising industrial electrification and the resultant advent of wireless and cloud-enabled monitoring solutions that allow real-time management and predictive maintenance across facilities. Companies use these solutions to enhance their operational reliability and efficiency.

Key Highlights

1. The circuit monitoring industry size was valued at USD 711.34 million in 2024.
2. The market is projected to grow at a CAGR of 5.06% from 2025 to 2032.
3. North America held a market share of 34.16% in 2024, with a valuation of USD 242.99 million.
4. The branch & multi circuit monitoring segment garnered USD 435.91 million in revenue in 2024.
5. The data centers & IT facilities segment is expected to reach USD 304.27 million by 2032.
6. Asia Pacific is anticipated to grow at a CAGR of 5.69% during the forecast period.

Major companies operating in the circuit monitoring market are ABB, Schneider Electric, Eaton Corporation, Siemens, General Electric Company, Legrand, Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Schweitzer Engineering Laboratories, Inc., Littelfuse, Inc., Honeywell International Inc., Panasonic Corporation, TE Connectivity, and Texas Instruments.

The market is experiencing growth due to rising investments to modernize aging power grids and a shift toward smart grid infrastructure. Government authorities as well as private entities have allocated specialized funds to improve grid reliability.

The Department of Energy oversees investments in energy infrastructure totaling more than $62 billion. This includes providing $14 billion in financial assistance to States, Indian Tribes, utilities, and other entities that offer products and services to improve the electric grid's reliability, resilience, and efficiency. The integration of circuit monitoring systems is supporting real-time visibility into power distribution, reducing downtime and minimizing losses.

• In October 2024, Schneider Electric launched new smart grid solutions at Enlit Europe 2024 to strengthen grid resiliency, flexibility, and manage net-zero demands. These solutions include Virtual Substations, which simplify substation design and enhance operational capabilities, and the Net Zero Dashboard, which provides utilities with key performance indicators (KPIs) to monitor decarbonization and guide sustainability strategies.

Advanced solutions incorporating smart sensors, supervisory control and data acquisition (SCADA) systems, remote terminal units (RTUs), and digital protective relays are improving monitoring accuracy. Growing demand for renewable energy integration and distributed generation is further encouraging deployment of these technologies to manage complex grid networks.

Market Driver

Rising Industrial Electrification

Rising electrification across manufacturing, data center, and processing industries is a primary growth driver for the circuit monitoring market. Expansion of advanced manufacturing operations requires continuous monitoring of power distribution so that disruptions and equipment failures can be avoided. Further, cloud service providers and technology companies are increasing investments in data centers for accurate tracking of energy consumption to optimize efficiency and reduce operational costs. 

In December 2024, the U.S. Department of Energy reported that data center electricity usage in the United States increased from 58 terawatt-hours (TWh) in 2014 to 176 TWh in 2023. The report projects that by 2028, data centers will consume between 325 and 580 TWh of energy, accounting for approximately 6.7% to 12% of the total U.S. demand.

• In March 2025, Schneider Electric announced plans to invest over USD700 million in the U.S. by 2027 to enhance energy infrastructure for AI advancement, increase domestic manufacturing, and improve energy security. The expansion aims to support the burgeoning AI sector and rising energy demands.

Moreover, growth in industrial automation and robotics is creating a need for precise monitoring of electrical loads to ensure uninterrupted performance. Rising focus from industries on minimizing downtime and improving worker safety is further supporting the adoption of circuit monitoring systems.

Market Challenge

Data Security Concerns

A key challenge impeding the expansion of circuit monitoring market is managing cybersecurity risks arising from increased connectivity and IoT integration. Unauthorized access, malware, and data breaches can compromise operational safety of networked monitoring systems. These risks are critical for utilities, manufacturing, and data center industries where continuous power reliability is essential.

Therefore, market players are deploying advanced encryption methods, multi-factor authentication, and real-time threat detection tools to strengthen security and ensure safe adoption of circuit monitoring solutions across critical sectors.

• In April 2025, researchers at Buddha Institute of Technology developed an IoT-based password-protected circuit breaker system to enhance electrical safety and control. The system uses remote monitoring and predictive maintenance and minimizes human interaction with high-voltage circuits.

Market Trend

Wireless and Cloud-Enabled Monitoring for Real-Time Management

A key trend in the circuit monitoring market is the integration of wireless sensors into cloud-based platforms for enhanced electrical system management.  Circuit monitoring equipment and solutions manufacturers and service providers are deploying wireless-enabled sensors to reduce installation complexity and minimize infrastructure costs.

• In January 2024, Attune partnered with Accuenergy to enhance real-time energy monitoring capabilities in a new 'Power Monitoring Kit'. The partnership combines Accuenergy's revenue-grade meters with Attune's wireless data acquisition modules and cloud-based real-time monitoring software. This solution aims to optimize energy usage and validate the effectiveness of energy conservation initiatives in buildings.

Cloud-based platforms are enabling remote access to real-time circuit performance data, allowing faster detection and anomaly response. These platforms use predictive maintenance to improve the overall operational efficiency for data center providers, manufacturing facilities, and utility providers.

• In April 2025, Packet Power extended the capabilities of its EMX software by introducing intuitive 3D views, intelligent alarm functionality, and robust role-based security. These enhancements aim to provide real-time insights into power and environmental monitoring, improving the management of critical facilities such as data centers and hospitals.

Circuit Monitoring Market Report Snapshot

Market Segmentation

• By Type (Modular Circuit Monitoring, and Branch & Multi Circuit Monitoring): The branch & multi circuit monitoring segment earned USD 435.9 million in 2024 due to its ability to provide centralized, real-time monitoring of multiple circuits simultaneously.
• By End User (Data Centers & IT Facilities, Industrial & Manufacturing, Commercial Buildings, Utilities & Energy Providers, Healthcare Facilities, and Others): The data centers & IT facilities segment held 28.40% of the market in 2024, due to the growing demand for uninterrupted power supply, real-time monitoring, and energy efficiency in hyperscale and enterprise data centers.

Circuit Monitoring Market Regional Analysis

Based on region, the market has been classified into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

The North America circuit monitoring market share stood around 34.16% in 2024, with a valuation of USD 242.99 million in the global market, driven by the rising adoption of smart building initiatives across commercial and industrial sectors. 

Commercial organizations are implementing intelligent energy management systems to optimize consumption and reduce electricity costs. Increasing focus of private companies on adhering to sustainability and efficiency targets is accelerating the deployment of these systems.

• In January 2024, EcoFlow introduced Oasis, an AI-powered Home Energy Management System designed to simplify and automate home energy use. Oasis integrates with EcoFlow's current home power technology to manage energy production, storage, and usage using real-time monitoring. The system uses an AI assistant to answer user questions and implement energy management solutions.

Additionally, the rapid expansion of hyperscale and enterprise data centers due to the increasing cloud adoption and digital transformation initiatives is boosting the adoption of circuit monitoring systems. Reliable circuit monitoring enables efficient energy management and reduces operational risks in these facilities.

• In September 2025, ENGIE collaborated with Prometheus Hyperscale to co-develop next-generation AI-ready data centers in Texas. These facilities aim to deliver sustainable, efficient, and scalable infrastructure for AI and the digital economy. Prometheus is building liquid-cooled hyperscale data centers that utilize proprietary geothermal technology, enabling zero water use, setting a new standard for sustainable infrastructure.

The circuit monitoring industry in Asia Pacific is set to grow at a CAGR of 5.69% over the forecast period, due to the rapid expansion of industrial and manufacturing sectors. Rising demand for electronics, automotive components, and heavy machinery is driving the modernization of electrical infrastructure. 

Manufacturers are integrating monitoring systems with energy management and automation platforms to optimize performance. Moreover, governments and private developers are investing in modern monitoring systems for commercial complexes, hospitals, and transport facilities. This push for smart urban infrastructure is supporting the adoption of circuit monitoring technologies.

• In September 2024, Hitachi announced the development of the BuilMirai building IoT solution, designed for small and medium-sized buildings to enhance green building and smart building initiatives. This platform connects various building facilities and systems, enabling centralized management, analysis, and control of data to improve operational efficiency and user comfort.

Regulatory Frameworks

• In the U.S., the Federal Energy Regulatory Commission (FERC) enforces Reliability Standard PRC-002-3, mandating that Transmission and Generator Owners maintain disturbance monitoring equipment, including circuit breaker status and fault recording data, to ensure system reliability during disturbances. Additionally, FERC has established cybersecurity requirements for bulk electric systems to enhance protection of critical infrastructure.
• In the European Union, the Low Voltage Directive (LVD) 2014/35/EU ensures that electrical equipment within certain voltage limits provides protection for European citizens. It applies to electrical equipment operating with an input or output voltage between 50 and 1000 V for alternating current and between 75 and 1500 V for direct current.
• In Japan, the Electrical Appliances and Materials Safety Act (DENAN Act) regulates the manufacture, sale, and import of electrical appliances and materials to prevent hazards and electromagnetic interference. It requires electrical appliances to meet safety standards and obtain the PSE (Product Safety Electrical Appliance & Material) Mark before being sold in Japan.
• In India, the Indian Electricity Rules, 1956 govern the installation and maintenance of electrical equipment, including provisions for circuit monitoring to ensure safety and prevent electrical hazards. These rules apply to all aspects of electricity generation, distribution, and utilization, setting standards for electrical installations and equipment.

Competitive Landscape

Major players in the circuit monitoring industry are adopting strategies such as research and development, technological advancements, and strategic partnerships to remain competitive in the market. 

Companies are focusing on enhancing product capabilities with digital integration and real-time monitoring features. Investment in innovation allows firms to offer predictive maintenance solutions and improve operational efficiency. Collaboration with technology providers and system integrators helps expand market reach and application areas.

• In October 2024, Schneider Electric launched the MasterPacT MTZ Active, a next-generation circuit breaker designed to enhance safety, efficiency, and sustainability in power distribution. This innovative product integrates advanced digital capabilities, enabling real-time monitoring and predictive maintenance.

Key Companies in Circuit Monitoring Market:

• ABB
• Schneider Electric
• Eaton Corporation
• Siemens
• General Electric Company
• Legrand
• Mitsubishi Electric Corporation
• Omron Corporation
• Rockwell Automation
• Schweitzer Engineering Laboratories, Inc.
• Littelfuse, Inc.
• Honeywell International Inc.
• Panasonic Corporation
• TE Connectivity
• Texas Instruments

Recent Developments

• In March 2024, Emporia Energy introduced the Vue 3 Energy Monitor, a home energy management product that provides circuit-level insights from a home's electrical panel. The Vue 3 Energy Monitor offers real-time monitoring and energy usage data, empowering homeowners to optimize their energy consumption.
• In January 2024, OmniOn Power delivered real-time, remote circuit monitoring with its Intelligent Distribution Bay for up to 160 individual circuits. This solution enhances the reliability and efficiency of power distribution networks by providing continuous monitoring and diagnostics. The Intelligent Distribution Bay is designed to support telecommunications networks and other critical infrastructure, ensuring optimal performance and minimizing downtime.