Power Metering Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Power Metering 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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Accord ing  to  the  l a tes t  r epor t  by  I MARC Group,  t i t l ed  "Power  Meter ing  Market :  
G loba l  I ndust ry  T rends ,  Share ,  S ize ,  Grow th ,  Opportun i ty  and  Forecast  2024-
2032, "  t he  g loba l  power  me t er i ng  marke t  s i ze  reached US$  18 .4  B i l l i on  in  2023.
Power  me te r i ng  i s  a  dev ice  ins ta l led  to  measure  e lec t r i c i t y  consumpt ion  i n  
Report househo ld  and i ndus t r ia l  a reas .  I t  p rov ides  accu ra t e  read ing  and re levant  da t a  
met r i cs  compared to  e lec t r i c  m ete rs .  The  sys tem repor t s  energy  consumpt i on ,  
Highlight and enab l i ng  u t i l i t i es  and  energy  d i s t r ibu t o r s  to  m anage  the i r  supp ly  and  demand in  
rea l - t ime.  
A  power  me te r ing  sys t em o f f e r s  low  ma in tenance  cos ts  and h igh  opera t ing  
Description ef f i c iency .  I t  a l so  resu l t s  in  l ess  t amper ing  and  l ow  ca rbon emiss ions .  I n  recen t  
yea rs ,  power  met e r ing  i s  rep lac ing  convent i ona l  d i g i t a l  m ete rs  as  an  e f f i c ien t  and  
re l iab le  power  d is t r ibu t i on  se tup  sys tem across  t he  g lobe .
Request  fo r  a  PDF  sample  o f  th i s  repor t :  
ht tps : / / www. imarcgroup .com/power -me te r i ng -marke t / r eques tsamp le
Report Description
Global  Power  Meter i ng  Market  T rends:
The  marke t  i s  p r imar i l y  d r i ven  by  t he  r i s i ng  e lec t r i c i t y  consumpt ion  and dependence  on  e lec t ron ic  app l iances .  I n  
add i t i on ,  w i th  t he  g rowing  popu la t ion ,  t here  has  been an  inc rease in  t he  demand  fo r  energy  i n  bo th  commerc ia l  and  
indus t r ia l  sec to rs ,  wh ich  i s  f ue l i ng  the  marke t  g rowth .  Nowadays ,  energy  d is t r ibu to rs  a re  a l so  us ing  power  me te r ing  
sys tem s t o  m in im ize  was t age ,  r esu l t i ng  in  low  cos ts ,  h igh  re l i ab i l i t y ,  l ess  tamper ing ,  and  low  ca rbon emiss ions .  
Bes ides  th is ,  governmen ts  in  d i f f e ren t  count r ies  a re  f ocus ing  on  deve lop ing  gr id  i n f ras t ruc t u re  by  ins ta l l i ng  t owers  
and enab l ing  peop le  access  to  e lec t r i c i t y .  
Th is  i s  encourag ing  the  ins ta l la t ion  o f  power  me t er ing  sys t ems ac ross  the  g lobe .  Fu r thermore ,  t echno log ica l  
advancement s ,  such  as  t he  i n t roduc t ion  o f  smar t  me t ers ,  t ha t  can  be  connec ted  v i a  web  app l i ca t ions  t o  lap t ops  o r  
smar t phones  to  s imp l i f y  t he  opera t i ons  and  enab le  remot e  mon i t o r ing  a re  c rea t ing  a  pos i t i ve  ou t look  f o r  t he  marke t .  
Look ing  fo rward ,  the  market  i s  expected  to  reach  a  va l ue  o f  US$ 27 .0  Bi l l ion  by  2032,  exh ib i t ing  a  CAGR o f  
4 . 34% dur i ng  the  forecast  per i od  (2024-2032) .
V i ew Report  TOC,  F igures and  Tab les :  h t tps: / / www. i marcgroup .com/power-meter ing -market
Breakup by Phase:
• Single Phase
• Three Phase
 
Breakup by Technology:
• Analog Meters
Report • Digital  Meters
Segmentation • Smart Meters
Breakup by End Use:
• Residentia l
• Commercia l
• Industr ial
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
Report • Middle East and Afr ica
Segmentation
• ABB Ltd.
• Eaton Corporation PLC
• General  Electr ic Company
• Hol ley Technology Ltd.
Competitive 
• Honeywel l  International  Inc.
Landscape • I t ron Inc.
with Key • J iangsu Linyang Energy Co.Ltd.
• Ningbo Sanxing Medical  Electr ic Co. Ltd.
Players
• Schneider Electr ic SE
• Sensus USA Inc. (Xylem Inc.)
• Siemens AG
• Toshiba Corporat ion
What was the size of the global power metering 
market in 2023?
What is the expected growth rate of the global 
power metering market during 2024-2032?
What are the key factors driving the global power 
Key metering market?
Questions What has been the impact of COVID-19 on the global power metering market?
Answered in 
What is the breakup of the global power metering 
the Report market based on the phase?
What is the breakup of the global power metering 
market based on the end use?
What are the key regions in the global power 
metering market?
Who are the key players/companies in the global 
power metering market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  P o w e r  M e t e r i n g  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P h a s e
    6 . 1     S i n g l e  P h a s e
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     T h r e e  P h a s e
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  T e c h n o l o g y
    7 . 1     A n a l o g  M e t e r s
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     D i g i t a l  M e t e r s
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     S m a r t  M e t e r s
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  E n d  U s e
    8 . 1     R e s i d e n t i a l
        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     C o m m e r c i a l
        8 . 2 . 1  M a r k e t  T r e n d s
Table of         8 . 2 . 2  M a r k e t  F o r e c a s t    8 . 3     I n d u s t r i a l
        8 . 3 . 1  M a r k e t  T r e n d s
        8 . 3 . 2  M a r k e t  F o r e c a s t
Contents 9    M a r k e t  B r e a k u p  b y  R e g i o n
    9 . 1     N o r t h  A m e r i c a
        9 . 1 . 1  U n i t e d  S t a t e s
           9 . 1 . 1 . 1  M a r k e t  T r e n d s
           9 . 1 . 1 . 2  M a r k e t  F o r e c a s t
        9 . 1 . 2  C a n a d a
           9 . 1 . 2 . 1  M a r k e t  T r e n d s
           9 . 1 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 2     A s i a - P a c i f i c
        9 . 2 . 1  C h i n a
           9 . 2 . 1 . 1  M a r k e t  T r e n d s
           9 . 2 . 1 . 2  M a r k e t  F o r e c a s t
        9 . 2 . 2  J a p a n
           9 . 2 . 2 . 1  M a r k e t  T r e n d s
           9 . 2 . 2 . 2  M a r k e t  F o r e c a s t
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. i m a rc g ro u p . c o m / p o w e r- m et e r i n g - m a r ke t / t o c
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