Power Metering Market Size, Share, Growth Report 2032
Power Metering Market Size - By Applications (Commercial, Residential, And Industrial), By Phase (Three Phase, And Single Phase): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026
| Market Size in 2019 | Market Forecast in 2026 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 16.4 Billion | USD 29.98 Billion | 9% | 2019 |
Table Of Content
- Chapter 1.Preface
- 1.1.Report Description
- 1.2.Report Scope
- Chapter 2.Research Methodology
- 2.1.Research Methodology
- 2.2.Secondary Research
- 2.3.Primary Research
- 2.4.Models
- 2.4.1.Company Share Analysis Model
- 2.4.2.Revenue Based Modeling
- 2.5.Research Limitations
- Chapter 3.Executive Summary
- 3.1.Global Power Metering Market, 2016 – 2026 (USD Billion)
- 3.2.Global Power Metering Market: Snapshot
- Chapter 4.Power Metering Market – Industry Analysis
- 4.1.Introduction
- 4.2.Market Drivers
- 4.2.1.Driving Factor 1 Analysis
- 4.2.2.Driving Factor 2 Analysis:
- 4.3.Market Restraints
- 4.3.1.Restraining Factor Analysis
- 4.4.Market Opportunities
- 4.4.1.Market Opportunity & Use-case Anaysis
- 4.4.2.Use – Cases for Power Metering
- 4.5.Porter’s Five Forces Analysis
- 4.6.COVID 19 Impact Analysis
- 4.6.1.1.Impact on Product Development and Technology Adoption
- 4.6.1.2.Gap Analysis
- Chapter 5.Investment Proposition Analysis
- 5.1.Global Power Metering Market Attractiveness, By Applications
- 5.2.Global Power Metering Market Attractiveness, By Phase
- 5.3.Global Power Metering Market Attractiveness, By Region
- Chapter 6.Competitive Landscape
- 6.1.Company Market Share Analysis - 2019
- 6.1.1.Global Power Metering Market: Company Market Share, 2019
- 6.2.Strategic Developments
- 7.1.Global Power Metering Market Overview: by Applications
- 7.1.1.Global Power Metering Market Revenue Share, by Applications , 2019 & 2026
- 7.2.Global Power Metering Market Analysis/Overview – By Applications
- 7.2.1.Commercial – Overview/Analysis
- 7.2.2.Residential – Overview/Analysis
- 7.2.3.Industrial – Overview/Analysis
- 7.3.Commercial
- 7.3.1.Global Power Metering Market for Commercial, Revenue (USD Billion) 2016 - 2026
- 7.4.Residential
- 7.4.1.Global Power Metering Market for Residential, Revenue (USD Billion) 2016 - 2026
- 7.5.Industrial
- 7.5.1.Global Power Metering Market for Industrial, Revenue (USD Billion) 2016 - 2026
- 8.1.Global Power Metering Market Overview: by Phase
- 8.1.1.Global Power Metering Market Revenue Share, by Phase , 2019 & 2026
- 8.2.Global Power Metering Market Analysis/Overview – By Phase
- 8.2.1.Three Phase – Overview/Analysis
- 8.2.2.Single Phase – Overview/Analysis
- 8.3.Three Phase
- 8.3.1.Global Power Metering Market for Three Phase, Revenue (USD Billion) 2016 - 2026
- 8.4.Single Phase
- 8.4.1.Global Power Metering Market for Single Phase, Revenue (USD Billion) 2016 - 2026
- 6.1.Company Market Share Analysis - 2019
- Chapter 9.Power Metering Market – Regional Analysis
- 9.1.Global Power Metering Market: Regional Overview
- 9.1.1.Global Power Metering Market Revenue Share, by Region, 2019 & 2026
- 9.1.2.Global Power Metering Market Revenue, by Region, 2016 – 2026 (USD Billion)
- 9.2.North America
- 9.2.1.North America Power Metering Market Revenue, 2016 - 2026 (USD Billion)
- 9.2.2.North America Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.2.3.North America Power Metering Market Revenue, by Applications , 2016 – 2026
- 9.2.4.North America Power Metering Market Revenue, by Phase , 2016 – 2026
- 9.2.5. U.S.
- 9.2.6.Canada
- 9.3.Europe
- 9.3.1.Europe Power Metering Market Revenue, 2016 - 2026 (USD Billion)
- 9.3.2.Europe Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.3.3.Europe Power Metering Market Revenue, by Applications , 2016 – 2026
- 9.3.4.Europe Power Metering Market Revenue, by Phase , 2016 – 2026
- 9.3.5.Germany
- 9.3.6.France
- 9.3.7. U.K.
- 9.3.8.Italy
- 9.3.9.Spain
- 9.3.10.Rest of Europe
- 9.4.Asia Pacific
- 9.4.1.Asia Pacific Power Metering Market Revenue, 2016 - 2026 (USD Billion)
- 9.4.2.Asia Pacific Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.4.3.Asia Pacific Power Metering Market Revenue, by Applications , 2016 – 2026
- 9.4.4.Asia Pacific Power Metering Market Revenue, by Phase , 2016 – 2026
- 9.4.5.China
- 9.4.6.Japan
- 9.4.7.India
- 9.4.8.South Korea
- 9.4.9.South-East Asia
- 9.4.10.Rest of Asia Pacific
- 9.5.Latin America
- 9.5.1.Latin America Power Metering Market Revenue, 2016 - 2026 (USD Billion)
- 9.5.2.Latin America Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.5.3.Latin America Power Metering Market Revenue, by Applications , 2016 – 2026
- 9.5.4.Latin America Power Metering Market Revenue, by Phase , 2016 – 2026
- 9.5.5.Brazil
- 9.5.6.Mexico
- 9.5.7.Rest of Latin America
- 9.6.The Middle-East and Africa
- 9.6.1.The Middle-East and Africa Power Metering Market Revenue, 2016 - 2026 (USD Billion)
- 9.6.2.The Middle-East and Africa Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 9.6.3.The Middle-East and Africa Power Metering Market Revenue, by Applications , 2016 – 2026
- 9.6.4.The Middle-East and Africa Power Metering Market Revenue, by Phase , 2016 – 2026
- 9.6.5.GCC Countries
- 9.6.6.South Africa
- 9.6.7.Rest of Middle-East Africa
- 9.1.Global Power Metering Market: Regional Overview
- Chapter 10.Company Profiles
- 10.1.Melrose Industries
- 10.1.1.Company Overview
- 10.1.2.Financial Overview
- 10.1.3.Product Portfolio
- 10.1.4.Business Strategy
- 10.1.5.Recent Developments
- 10.2.Siemens
- 10.3.Itron
- 10.4.Hulley Metering
- 10.5.General Electric
- 10.6.ABB
- 10.7.Jiangsu Linyang Electronics Co., Ltd.
- 10.8.Toshiba
- 10.9.Melrose Industries
- 10.1.Sensus USA
- 10.11.Eaton
- 10.12.Toshiba
- 10.13.Landis+Gyr
- 10.14.Wasison Group Huldings.
- 10.1.Melrose Industries
Table Of Figures
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Power Metering Market Revenue, 2016 - 2026 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Power Metering Market
FIG. 6 Global Power Metering Market Attractiveness, By Applications
FIG. 7 Global Power Metering Market Attractiveness, By Phase
FIG. 8 Global Power Metering Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Power Metering Market Revenue Share, by Applications , 2019 & 2026
FIG. 11 Global Power Metering Market for Commercial, Revenue (USD Billion) 2016 - 2026
FIG. 12 Global Power Metering Market for Residential, Revenue (USD Billion) 2016 - 2026
FIG. 13 Global Power Metering Market for Industrial, Revenue (USD Billion) 2016 - 2026
FIG. 14 Global Power Metering Market Revenue Share, by Phase , 2019 & 2026
FIG. 15 Global Power Metering Market for Three Phase, Revenue (USD Billion) 2016 - 2026
FIG. 16 Global Power Metering Market for Single Phase, Revenue (USD Billion) 2016 - 2026
FIG. 17 Global Power Metering Market Revenue Share, by Region, 2019 & 2026
FIG. 18 North America Power Metering Market Revenue, 2016 - 2026 (USD Billion)
FIG. 19 Europe Power Metering Market Revenue, 2016 - 2026 (USD Billion)
FIG. 20 Asia Pacific Power Metering Market Revenue, 2016 - 2026 (USD Billion)
FIG. 21 Latin America Power Metering Market Revenue, 2016 - 2026 (USD Billion)
FIG. 22 The Middle-East and Africa Power Metering Market Revenue, 2016 - 2026 (USD Billion)
FIG. 23 Melrose Industries Business Segment Revenue Share, 2018 (%)
FIG. 24 Melrose Industries Geographical Segment Revenue Share, 2018 (%)
Table Of Tables
List of Tables
TABLE 1 Global Power Metering Market: Snapshot
TABLE 2 Drivers of the Power Metering Market: Impact Analysis
TABLE 3 Restraints for the Power Metering Market: Impact Analysis
TABLE 4 Global Power Metering Market Revenue, by Region, 2016 – 2026 (USD Billion)
TABLE 5 North America Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 6 North America Power Metering Market Revenue, by Applications , 2016 – 2026 (USD Billion)
TABLE 7 North America Power Metering Market Revenue, by Phase , 2016 – 2026 (USD Billion)
TABLE 8 Europe Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 9 Europe Power Metering Market Revenue, by Applications , 2016 – 2026 (USD Billion)
TABLE 10 Europe Power Metering Market Revenue, by Phase , 2016 – 2026 (USD Billion)
TABLE 11 Asia Pacific Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 12 Asia Pacific Power Metering Market Revenue, by Applications , 2016 – 2026 (USD Billion)
TABLE 13 Asia Pacific Power Metering Market Revenue, by Phase , 2016 – 2026 (USD Billion)
TABLE 14 Latin America Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 15 Latin America Power Metering Market Revenue, by Applications , 2016 – 2026 (USD Billion)
TABLE 16 Latin America Power Metering Market Revenue, by Phase , 2016 – 2026 (USD Billion)
TABLE 17 The Middle-East and Africa Power Metering Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 18 The Middle-East and Africa Power Metering Market Revenue, by Applications , 2016 – 2026 (USD Billion)
TABLE 19 The Middle-East and Africa Power Metering Market Revenue, by Phase , 2016 – 2026 (USD Billion)
Methodology
FrequentlyAsked Questions
Government initiation and other legislative bodies for power access by installing more power grids, and other initiatives taken in various regions may propel the global power metering market.
According to Zion Market Research, global demand for power metering market is expected to generate revenue of around USD 29.98 Billion by end of 2026, growing at a CAGR of around 9 % between 2020 and 2026.
Increasing demand in the countries such as India, South Africa, and Brazil is expected to drive the global power metering market.
Some of the major companies in the power metering market are Melrose Industries, Siemens, Itron, Holley Metering, General Electric, ABB, Jiangsu Linyang Electronics Co., Ltd., Toshiba, Melrose Industries, and Sensus USA. Other players influencing the global market are Eaton, Toshiba, Landis+Gyr, and Wasison Group Holdings.
The process of measuring and monitoring the amount of electrical power that is utilized by a device, system, or facility is referred to as power metering. Electrical energy consumption, power quality, and a variety of other electrical factors can all be measured with the use of power meters. The use of a power meter is a crucial component of effective energy management, as well as energy efficiency and cost optimization. There is a wide selection of metering technology on the market, including digital meters, analog meters, and smart meters. These three categories are all available to consumers.
Digital meters are increasingly being installed in residential and commercial properties because of their ability to offer accurate readings. The design of analog meters is more straightforward, and they supply fundamental data on energy use. Smart meters are a type of modern digital meter that can broadcast data regarding an individual's energy consumption in real-time to both utilities and individual consumers. Smart meters are equipped with wireless communication capabilities.
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