Solar Power Meter Market Size, Share & Trends Analysis Report By Integration Type, By Product, By Measurement, By Technology (Digital, Analog), By End-use (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2025 - 2030

Solar Power Meter Market Summary

The global solar power meter market size was estimated at USD 3.52 billion in 2024 and is projected to reach USD 6.46 billion by 2030, growing at a CAGR of 10.7% from 2025 to 2030. This growth is driven by the rising adoption of solar energy systems worldwide, supported by government incentives and increasing environmental awareness.

Solar power meters play a vital role in monitoring and optimizing solar panel performance, which is essential for maximizing energy efficiency. Technological advancements in sensor accuracy and wireless connectivity further boost product demand across residential, commercial, and industrial sectors.

The growing focus on energy conservation and the integration of smart grid infrastructure are also contributing to market expansion. Moreover, market growth is supported by expanding solar power capacity globally, especially in emerging economies where rural electrification and off-grid solar projects gain momentum. Increasing investments in smart grid infrastructure and integrating Distributed Energy Resources (DERs) require advanced metering solutions capable of bidirectional energy flow measurement and remote monitoring.

The evolution of digital and IoT-enabled solar power meters facilitates improved energy management, predictive maintenance, and data analytics, which are becoming essential for utilities and consumers. In addition, stricter regulatory frameworks and net metering policies across various regions encourage the adoption of solar power meters.

Furthermore, technological advancements in metering devices, such as digital meters with real-time data capabilities, enhance system efficiency and reliability, reinforcing the market’s present scale. For instance, in April 2025, EcoFlow launched its Stream series, a second-generation balcony solar solution that replaces the previous PowerStream line. The new series features enhanced battery integration with AI-powered coordination, enabling distributed batteries throughout a home to operate networked, plug-and-play.

In addition, sustained industrialization and urbanization in developing regions create significant solar power meter deployment opportunities in new solar installations. The rising focus on carbon emission reduction and energy efficiency drives demand for precise and reliable metering technologies. Moreover, the growing awareness among end-users about energy conservation and cost savings through optimized solar energy use supports market expansion.

Global Solar Power Meter Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global solar power meter market report based on integration type, product, measurement, technology, end use, and region:

• Integration Type Outlook (Revenue, USD Million, 2017 - 2030)
• On-grid Solar Power Meters
• Off-grid Solar Power Meters
• Handheld Solar Power Meters
• Product Outlook (Revenue, USD Million, 2017 - 2030)
• Net Meter
• Bi-Directional Meter
• Dual Meter
• Others
• Measurement Outlook (Revenue, USD Million, 2017 - 2030)
• Current Measurement
• Voltage Measurement
• Power Measurement
• Energy Measurement
• Technology Outlook (Revenue, USD Million, 2017 - 2030)
• Digital
• Analog
• End Use Outlook (Revenue, USD Million, 2017 - 2030)
• Residential
• Commercial
• Industrial
• Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Latin America
• Brazil
• Middle East and Africa (MEA)
• UAE
• KSA
• South Africa