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According to our (Global Info Research) latest study, the global Electric Submeter market size was valued at USD 8530.3 million in 2023 and is forecast to a readjusted size of USD 10880 million by 2030 with a CAGR of 3.5% during review period.
Electric Submeter is usually an electronic device that records consumption of electric, water, gas, heat energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. It enables two-way communication between the meter and the central system. Unlike home energy monitors, it can gather data for remote reporting.
Asia Pacific is the main market for electric submeters, accounting for about 55% of the market.
Sanxing, Longyang Electronics, Landis+Gyr, Itron and Wsunlight Group are the main players, with the top three accounting for about 20%.
The Global Info Research report includes an overview of the development of the Electric Submeter industry chain, the market status of Residential (Current Transformer, Rogowski Coil), Commercial (Current Transformer, Rogowski Coil), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Submeter.
Regionally, the report analyzes the Electric Submeter markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Submeter market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Submeter market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Submeter industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Current Transformer, Rogowski Coil).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Submeter market.
Regional Analysis: The report involves examining the Electric Submeter market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Submeter market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Submeter:
Company Analysis: Report covers individual Electric Submeter manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Submeter This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Commercial).
Technology Analysis: Report covers specific technologies relevant to Electric Submeter. It assesses the current state, advancements, and potential future developments in Electric Submeter areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Submeter market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Submeter market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Current Transformer
- Rogowski Coil
- Other
Market segment by Application
- Residential
- Commercial
- Industrial
Major players covered
- Landis+Gyr
- Itron?Silver Spring Networks?
- GE Digital Energy
- Siemens
- Kamstrup
- Xylem Inc
- Elster Group
- Aclara
- Sagemcom
- Leviton
- Echelon
- Nuri Telecom
- E-Mon
- Sanxing
- Linyang Electronics
- Wasion Group
- Haixing Electrical
- Techrise Electronics
- Chintim Instruments
- XJ Measurement & Control Meter
- Clou Electronics
- HND Electronics
- Longi
- Hengye Electronics
- Holley Metering
- Wellsun Electric Meter
- Sunrise
- Xiou International Group
- Pax Electronic Technlogy
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Submeter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Submeter, with price, sales, revenue and global market share of Electric Submeter from 2019 to 2024.
Chapter 3, the Electric Submeter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Submeter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Submeter market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Submeter.
Chapter 14 and 15, to describe Electric Submeter sales channel, distributors, customers, research findings and conclusion.