Press Release

Partial Discharge Monitoring Systems Market is expected to Grow with a CAGR of 5.67% through 2030

The Partial Discharge Monitoring Systems market is driven by increasing demand for predictive maintenance solutions in utilities and manufacturing, stringent regulatory standards for electrical asset reliability, and rising investments in smart grid and industrial automation.


According to TechSci Research report, “Partial Discharge Monitoring Systems Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Partial Discharge Monitoring Systems Market was valued at USD 608.78 Million in 2024 and is expected to reach USD 855.19 Million by 2030 with a CAGR of 5.67%. The Partial Discharge Monitoring Systems (PDMS) market is experiencing robust growth propelled by a confluence of technical, regulatory, and economic factors that are reshaping the electrical asset management landscape and accelerating investment in condition-based monitoring solutions globally.

Aging electrical infrastructure across power utilities and industrial sectors is a primary driver—transformer fleets, switchgear, cables, and rotating machines installed decades ago require proactive maintenance to mitigate unplanned outages and extend asset lifespan, and PDMS offers sophisticated detection of insulation degradation before catastrophic failures occur. With rising reliability expectations and the costly impact of downtime—particularly in sectors like manufacturing, oil & gas, and data centers—utilities and enterprises are increasingly prioritizing proactive strategies, with PDMS being one of the most effective tools for early fault diagnosis.

Concurrently, stringent regulatory mandates and evolving industry standards related to electrical safety, operational continuity, and environmental compliance are compelling asset owners to adopt PDMS. National electricity regulators and grid codes in many regions now require partial discharge assessment, record-keeping, and reporting for high-voltage assets, propelling utilities to install permanent or portable monitoring systems to remain compliant and avoid penalties. This not only creates direct procurement opportunities but also promotes a shift from reactive to predictive maintenance paradigms.

Technological advancements in data analytics, artificial intelligence (AI), and Internet of Things (IoT)-enabled sensors are transforming PDMS from standalone diagnostic tools into integrated, real-time condition monitoring platforms. Enhanced signal processing, pattern recognition, and cloud-based data management make it possible to detect subtle trends and alarming discharge events with greater precision and user accessibility—even remotely—boosting confidence in these systems and expanding their application scope.

Furthermore, the growing digitization of power infrastructure—exemplified by smart grid modernization, utility-scale renewables integration, and microgrid deployment—is creating synergies for PDMS. As renewable energy generation such as wind and solar becomes more prevalent, associated electrical components operate under variable load and harsh environmental conditions, which can exacerbate insulation stress and partial discharge risks; integrating PDMS into these assets ensures continued performance and compliance. Pandemics and workforce limitations have intensified interest in remote monitoring technologies, and PDMS’s ability to function autonomously with minimal on-site intervention aligns well with evolving operational models that prioritize safety, cost efficiency, and remote asset governance.

From an economic perspective, the downward trend in sensor and electronics costs, combined with growing availability of software-as-a-service (SaaS) platforms and remote advisory services, is reducing entry barriers. More organizations can now justify PDMS investments through total cost of ownership analyses, illustrating reduced maintenance expenses, avoided unplanned outages, extended asset service life, and deferred capital expenditure. These quantifiable ROI drivers are increasingly incorporated into asset management strategies. Additionally, rising electrical infrastructure investments in emerging markets across Asia-Pacific, Latin America, and the Middle East—driven by electrification initiatives, grid expansion, and utility privatization—are further expanding the addressable PDMS market.

New transmission, distribution, and generation projects are often designed with built-in condition monitoring capabilities, providing opportunities for solution integrators and OEMs to include PDMS at the design stage. International development banks and sustainability-linked financing schemes are also favoring projects that incorporate digital asset health monitoring, adding another layer of commercial impetus. Finally, evolving industry partnerships, M&A activity, and vendor diversification are enriching the competitive landscape. Equipment manufacturers, cybersecurity firms, and engineering service providers are collaborating to bundle PDMS with complementary technologies such as gas-insulated switchgear (GIS), digital twins, and cybersecurity protections, enhancing the value proposition.

Such alignment creates cross-selling opportunities and drives system-level adoption, promoting PDMS as a central component of modern electrical asset ecosystems. In summary, the PDMS market is being driven by infrastructure aging, regulatory requirements, digital transformation, renewable integration, cost efficiencies, and geopolitical shifts in electrification—all converging to make partial discharge monitoring an essential element of electrical asset management today and in the future.


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Based on the Application, Transformers segment held the largest Market share in 2024. The Partial Discharge (PD) monitoring systems market in the transformers segment is being propelled by a confluence of critical drivers that underscore its increasing significance in modern power infrastructure. At the heart of this growth is the rising complexity and value of transformer assets in transmission and distribution networks worldwide, where unplanned outages can result in significant financial losses, safety hazards, and service disruptions; as a result, stakeholders are prioritizing continuous condition monitoring to detect incipient insulation failure before catastrophic events occur.

Another compelling driver is the global transition toward smart grid architectures, which demand realtime visibility into equipment health and reliability; PD monitoring systems seamlessly integrate into these digital ecosystems, providing predictive diagnostics that inform maintenance schedules, reduce unscheduled downtimes, and optimize lifecycle costs. Regulatory pressures and grid codes mandating higher reliability levels and stricter maintenance protocols also support wider adoption, as power utilities increasingly seek compliance and performance assurance through continuous PD surveillance. Further, the aging infrastructure in developed economies has escalated the prevalence of degradation and PD events, creating a compelling business case for retrofitting legacy transformers with online PD monitoring capabilities, driven by zerotolerance policies for failure risk in critical assets.

At the same time, rapid demand growth in emerging economies is fueling new transformer installations, often accompanied by digital monitoring solutions as standard features, thereby expanding the market for embedded PD technologies. Technological advancements—such as ultrasensitive capacitive, acoustic and optical sensors; machine learningbased analytics; and wireless communications—are enhancing detection accuracy, reducing false alarms, and enabling scalable, remote deployment, which appeals to utilities looking for flexible and costeffective asset management. As these systems mature, integration with central SCADA and asset management systems offers centralized dashboards, historical trending, intuitive alarm management, and performance benchmarking, further reinforcing operational transparency and decision support.

Additionally, the increasing penetration of highvoltage equipment—such as gasinsulated switchgear and extrahighvoltage transformers—necessitates superior insulation health monitoring to manage heightened stress levels under fluctuating loads and extreme environmental conditions. Utilities and industrial power users (e.g., petrochemical plants, data centers, and rail networks) are increasingly acknowledging the ROI associated with PD monitoring, including extended asset lifespan, reduced maintenance expenditures, enhanced reliability and safety, and avoidance of regulatory fines. Furthermore, ongoing digital transformation initiatives in the energy sector, including predictive and prescriptive maintenance strategies, have elevated the perception of PD monitoring as an indispensable tool in conditionbased maintenance regimes.

All these factors are enabling service providers and technology vendors to introduce valueadded offerings—such as longterm service agreements, cloudbased analytics platforms, and turnkey sensor integration—broadening their commercial models beyond hardware sales and paving the way for recurring revenue streams tied to performance outcomes. Taken together, these elements represent a powerful and selfreinforcing market dynamic that positions PD monitoring systems not merely as a protective mechanism, but as a strategic enabler of operational excellence and grid modernization in the transformer domain, driving sustained market growth in the foreseeable future.

Based on the region, Asia Pacific is the fastest-growing region in the partial discharge monitoring systems market, propelled by significant investment in power infrastructure upgrades and renewable energy capacity expansion. Countries like China, India, and Southeast Asian nations are modernizing aging grids and deploying high-voltage transmission networks, necessitating advanced insulation diagnostics and real-time fault detection. Government initiatives to enhance grid reliability and reduce system losses are accelerating adoption, while increasing industrial automation and data center growth drive demand for condition-based maintenance solutions. Additionally, the region’s emphasis on digital transformation—leveraging IoT sensors and cloud analytics—is creating opportunities for integrated monitoring platforms and predictive service models tailored to evolving operational needs.


Major companies operating in the Global Partial Discharge Monitoring Systems Market are:

  • Siemens AG
  • General Electric Company (GE Grid Solutions)
  • ABB Ltd.
  • OMICRON electronics GmbH
  • Megger Group Limited
  • Qualitrol Company LLC
  • Phoenix Contact GmbH & Co. KG
  • Schneider Electric SE
  • High Voltage Partial Discharge Ltd. (HVPD)
  • LumaSense Technologies, Inc. (Advanced Energy Industries, Inc.)


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“The Global Partial Discharge Monitoring Systems Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The partial discharge monitoring systems market presents significant growth opportunities, driven by rising demand for enhanced asset reliability and predictive maintenance across power utilities, industrial plants, and renewable energy networks. The aging infrastructure of high-voltage systems and the growing complexity of electrical grids are accelerating the need for continuous insulation diagnostics and early fault detection to minimize downtime and maintenance costs. Advancements in IoT-enabled sensors and cloud-based analytics are enabling real-time, remote monitoring capabilities. Moreover, regulatory mandates focused on grid safety and operational efficiency are prompting widespread adoption. Emerging sectors such as data centers and smart manufacturing further expand the market’s application scope through service-oriented deployment models. Therefore, the Market of Partial Discharge Monitoring Systems is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

Partial Discharge Monitoring Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Type (Permanent Monitoring System and Temporary Monitoring System), By Application (GIS, Transformers, Power Cables, and Others), By Region, By Competition, 2020-2030F”, has evaluated the future growth potential of Global Partial Discharge Monitoring Systems Market and provides statistics & information on the Market size, structure, and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Partial Discharge Monitoring Systems Market.

 

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Partial Discharge Monitoring Systems Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Type (Permanent Monitoring System and Temporary Monitoring System), By Application (GIS, Transformers, Power Cables, and Others), By Region, By Competition, 2020-2030F

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Increasing grid complexity and stringent electrical safety regulations are driving demand for partial discharge monitoring systems to proactively prevent insulation failures and minimize downtime.

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