Global Dual Source Energy Meter Market Growth 2026-2032
Description
The global Dual Source Energy Meter market size is predicted to grow from US$ 1317 million in 2025 to US$ 2751 million in 2032; it is expected to grow at a CAGR of 11.3% from 2026 to 2032.
A Dual Source Energy Meter is a metering device designed to measure and manage energy consumption from two different power sources, such as utility grid plus generator, grid plus solar PV, or grid plus UPS. It monitors load switching, records separate consumption profiles, and provides energy allocation for backup systems, microgrids and hybrid power environments. In 2024, the global average price is approximately US$82 per unit, with annual shipments of about 14.8 million units. Gross margins typically range from 20%–36%, driven by dual-channel metering ICs, switching modules, communication interfaces and compliance with safety standards. The supply chain includes upstream metering chips, contactors/ATS modules, communication modules, displays and housings; midstream manufacturers design, assemble and calibrate dual-source meters; downstream users include commercial buildings, hospitals, telecom sites, data centers, industrial plants, renewable energy installations and smart power distribution networks.
Dual source energy meters, also known as two-source energy meters or dual tariff energy meters, are gaining popularity due to their ability to measure and monitor energy consumption from two different sources. These meters are designed to accommodate multiple energy sources, such as grid power and renewable energy systems like solar panels or wind turbines. Here are some of the trends shaping the dual source energy meter market:Increasing Adoption of Renewable Energy: With the growing focus on sustainability and the increasing adoption of renewable energy sources, the demand for dual source energy meters is on the rise. These meters enable users to accurately measure and monitor the energy generated from renewable sources, allowing for better management and optimization of renewable energy systems.
LP Information, Inc. (LPI) ' newest research report, the “Dual Source Energy Meter Industry Forecast” looks at past sales and reviews total world Dual Source Energy Meter sales in 2025, providing a comprehensive analysis by region and market sector of projected Dual Source Energy Meter sales for 2026 through 2032. With Dual Source Energy Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dual Source Energy Meter industry.
This Insight Report provides a comprehensive analysis of the global Dual Source Energy Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dual Source Energy Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dual Source Energy Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dual Source Energy Meter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dual Source Energy Meter.
This report presents a comprehensive overview, market shares, and growth opportunities of Dual Source Energy Meter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Phase
Three Phase
Other
Segmentation by Switching Mechanism:
Manual Switching Meter
Automatic Transfer Switching Meter
Static Electronic Switching
Segmentation by Design:
DIN-Rail Dual Source Meter
Wall-Mounted Meter
Panel-Mounted Meter
Segmentation by Application:
Household
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Elmeasure
L&T Electrical & Automation (E&A)
Rishabh
Schneider Electric
Henan Compere Smart Technology
INESH
TRINITY
Legrand
Acrel
Shenzhen Donsun Technology
Masibus
ABB
CALIN
Siemens Smart Infrastructure
Socomec Dual Source Metering
Eaton Power Quality & Metering
Itron
Key Questions Addressed in this Report
What is the 10-year outlook for the global Dual Source Energy Meter market?
What factors are driving Dual Source Energy Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dual Source Energy Meter market opportunities vary by end market size?
How does Dual Source Energy Meter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
A Dual Source Energy Meter is a metering device designed to measure and manage energy consumption from two different power sources, such as utility grid plus generator, grid plus solar PV, or grid plus UPS. It monitors load switching, records separate consumption profiles, and provides energy allocation for backup systems, microgrids and hybrid power environments. In 2024, the global average price is approximately US$82 per unit, with annual shipments of about 14.8 million units. Gross margins typically range from 20%–36%, driven by dual-channel metering ICs, switching modules, communication interfaces and compliance with safety standards. The supply chain includes upstream metering chips, contactors/ATS modules, communication modules, displays and housings; midstream manufacturers design, assemble and calibrate dual-source meters; downstream users include commercial buildings, hospitals, telecom sites, data centers, industrial plants, renewable energy installations and smart power distribution networks.
Dual source energy meters, also known as two-source energy meters or dual tariff energy meters, are gaining popularity due to their ability to measure and monitor energy consumption from two different sources. These meters are designed to accommodate multiple energy sources, such as grid power and renewable energy systems like solar panels or wind turbines. Here are some of the trends shaping the dual source energy meter market:Increasing Adoption of Renewable Energy: With the growing focus on sustainability and the increasing adoption of renewable energy sources, the demand for dual source energy meters is on the rise. These meters enable users to accurately measure and monitor the energy generated from renewable sources, allowing for better management and optimization of renewable energy systems.
LP Information, Inc. (LPI) ' newest research report, the “Dual Source Energy Meter Industry Forecast” looks at past sales and reviews total world Dual Source Energy Meter sales in 2025, providing a comprehensive analysis by region and market sector of projected Dual Source Energy Meter sales for 2026 through 2032. With Dual Source Energy Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dual Source Energy Meter industry.
This Insight Report provides a comprehensive analysis of the global Dual Source Energy Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dual Source Energy Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dual Source Energy Meter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dual Source Energy Meter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dual Source Energy Meter.
This report presents a comprehensive overview, market shares, and growth opportunities of Dual Source Energy Meter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Phase
Three Phase
Other
Segmentation by Switching Mechanism:
Manual Switching Meter
Automatic Transfer Switching Meter
Static Electronic Switching
Segmentation by Design:
DIN-Rail Dual Source Meter
Wall-Mounted Meter
Panel-Mounted Meter
Segmentation by Application:
Household
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Elmeasure
L&T Electrical & Automation (E&A)
Rishabh
Schneider Electric
Henan Compere Smart Technology
INESH
TRINITY
Legrand
Acrel
Shenzhen Donsun Technology
Masibus
ABB
CALIN
Siemens Smart Infrastructure
Socomec Dual Source Metering
Eaton Power Quality & Metering
Itron
Key Questions Addressed in this Report
What is the 10-year outlook for the global Dual Source Energy Meter market?
What factors are driving Dual Source Energy Meter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Dual Source Energy Meter market opportunities vary by end market size?
How does Dual Source Energy Meter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
134 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Dual Source Energy Meter by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Dual Source Energy Meter by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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