Digital Power Meters

Digital Power Meters

Global Digital Power Meters Market to Reach $17.6 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Digital Power Meters estimated at US$12 Billion in the year 2022, is projected to reach a revised size of US$17.6 Billion by 2030, growing at aCAGR of 4.9% over the period 2022-2030. Residential, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$14.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial segment is readjusted to a revised 5.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 4.5% CAGR
The Digital Power Meters market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 46 Featured) -

• Advanced Electronics Company
• EKM Metering Inc.
• Elster Group GmbH
• Holley Metering, Ltd.
• Itron, Inc.
• Jiangsu Linyang Energy Co., Ltd.
• Jiaxing Eastron Electronic Instruments Co., Ltd.
• Kamstrup A/S
• Landis+Gyr AG
• Murata Power Solutions
• Schneider Electric SA
• Sensus
• Simpson Electric

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