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Global Electric Sub Meter Market, By Type (Single Phase and Three Phase), By Application (Residential, Commercial, and Industrial), By End User (Utility Companies, Building Owners, and Industrial Facilities), By Geography (North America, Latin America, As

Published Feb 27, 2025
Length 172 Pages
SKU # CMI19905780

Description

Global electric sub meter market growth is driven by growing need for effective energy management across residential and commercial buildings. Electric sub meters help in allocating electricity costs for individual units in multi-tenant commercial complexes and housing societies with high degree of precision. These allow property owners and managers to effectively bill tenants for their actual electricity consumption. This helps in curbing wastage and encourages energy conservation among tenants. Moreover, electric sub meters help utilities in remote meter reading and disconnection/reconnection of power supply without physical access, thus, improving operational efficiency. With growing urbanization and rising construction of multi-tenant buildings, there will be huge demand for electric sub meters in the near future.

Market Dynamics:

Global electric sub meter market growth is driven by factors such as rapid urbanization leading to rise in construction of multi-tenant residential and commercial buildings, need for effective energy management to reduce costs and optimize power consumption, and stringent government regulations mandating installation of sub meters in multi-unit complexes. However, high initial installation and infrastructure upgrade costs can hamper the market growth. Growing adoption of smart electric sub meters with advanced wireless communication capabilities offers lucrative opportunities for market players. Integration of IoT and AI functionalities in smart electric sub meters can also boost their demand.

Key features of the study:
  • This report provides in-depth analysis of the global electric sub meter market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global electric sub meter market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Aclara Technologies LLC, Apator Group, Badger Meter, Inc., Diehl Stiftung & Co. KG, Eaton Corporation plc, Elster Group GmbH (Honeywell), General Electric Company, Holley Metering Limited, Itron Inc., Kamstrup A/S, Landis+Gyr AG, Legrand SA, Mitsubishi Electric Corporation, Schneider Electric SE, and Siemens AG
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global electric sub meter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electric sub meter market
Detailed Segmentation-
  • Type Insights (Revenue, US$ Bn, 2020 - 2032)
  • Single Phase
  • Three Phase
  • Application Insights (Revenue, US$ Bn, 2020 - 2032)
  • Residential
  • Commercial
  • Industrial
  • End User Insights (Revenue, US$ Bn, 2020 - 2032)
  • Utility Companies
  • Building Owners
  • Industrial Facilities
  • Regional Insights (Revenue, US$ Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Aclara Technologies LLC
  • Apator Group
  • Badger Meter, Inc.
  • Diehl Stiftung & Co. KG
  • Eaton Corporation plc
  • Elster Group GmbH (Honeywell)
  • General Electric Company
  • Holley Metering Limited
  • Itron Inc.
  • Kamstrup A/S
  • Landis+Gyr AG
  • Legrand SA
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • Siemens AG

Table of Contents

172 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Electric Sub Meter Market, By Type
Global Electric Sub Meter Market, By Application
Global Electric Sub Meter Market, By End User
Global Electric Sub Meter Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Electric Sub Meter Market, By Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Single Phase
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Three Phase
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
5. Global Electric Sub Meter Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Residential
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Commercial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
6. Global Electric Sub Meter Market, By End User, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Utility Companies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Building Owners
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Industrial Facilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
7. Global Electric Sub Meter Market, By Region, 2020 - 2032, (US$ Bn)
Introduction
Market Share (%) Analysis, 2025,2028 & 2032, (US$ Bn)
Market Y-o-Y Growth Analysis (%), 2021 - 2032, (US$ Bn)
Regional Trends
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
8. Competitive Landscape
Aclara Technologies LLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Apator Group
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Badger Meter, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Diehl Stiftung& Co. KG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Eaton Corporation plc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Elster Group GmbH (Honeywell)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
General Electric Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Holley Metering Limited
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Itron Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Kamstrup A/S
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Landis+Gyr AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Legrand SA
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Mitsubishi Electric Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Schneider Electric SE
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Siemens AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on ' Electric Sub Meter Market' - Global forecast to 2032
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