The Latin America, Middle East and Africa Electric Sub-meters Market would witness market growth of 7.9% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA Electric Sub-meters Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 451.5 million by 2032. The Argentina market is showcasing a CAGR of 8.6% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 6.8% during (2025 - 2032). The Brazil and UAE led the LAMEA Electric Sub-meters Market by Country with a market share of 23.9% and 14.5% in 2024.

The electric sub-meter market in LAMEA has grown because of the region's problems with getting energy, growing cities, and government policies. The first places to use it were in Latin America's residential complexes, where it helped with fair cost sharing; in the Middle East, where it helped with subsidy reforms and efficiency programs; and in Africa, where it helped with off-grid or mini-grid electrification. Early devices were just simple kilowatt-hour meters. Now, they have digital displays, prepaid options, and the ability to work with mobile devices. Government-led programs like Saudi Arabia's Vision 2030, the UAE's Energy Strategy 2050, and Latin America's energy efficiency laws have also helped people adopt sub-meters, which are now seen as tools for fairness, sustainability, and digital energy management. Across the region, the market shows a mix of need, modernization, and resource management.
Some important trends are the rise of prepaid and pay-as-you-go systems in Africa and some parts of Latin America, their use in off-grid and mini-grid renewable energy projects, and their use in high-end real estate and commercial projects in the Middle East. Market strategies focus on making services affordable, working with government programs, teaming up with utilities and NGOs, and offering services that can grow, like mobile apps and remote monitoring. In the Middle East, multinational companies are in charge. In Latin America, regional and local companies are in charge. In Africa, small manufacturers and Chinese companies compete. There are also new startups that offer software-driven analytics and mobile payment integration. This shows how diverse the region's economy, technology, and society are.
Type Outlook
Based on Type, the market is segmented into Electronic Sub-Meters, Smart Sub-Meters, Digital Sub-Meters, Analog / Conventional Sub-Meters, and Other Type. Among various UAE Electric Sub-meters Market by Type; The Electronic Sub-Meters market achieved a market size of USD $61.1 Million in 2024 and is expected to grow at a CAGR of 6.1 % during the forecast period. The Analog / Conventional Sub-Meters market is predicted to experience a CAGR of 7.8% throughout the forecast period from (2025 - 2032).
Phase Outlook
Based on Phase, the market is segmented into Three Phase, and Single Phase. With a compound annual growth rate (CAGR) of 8.3% over the projection period, the Three Phase Market, dominate the South Africa Electric Sub-meters Market by Phase in 2024 and would be a prominent market until 2032. The Single Phase market is expected to witness a CAGR of 9.4% during (2025 - 2032).

Free Valuable Insights: The Worldwide Electric Sub-meters Market is Projected to reach USD 22.12 Billion by 2032, at a CAGR of 6.2%
Country Outlook
Brazil's electric sub-meter market is growing steadily, thanks to a large and diverse power sector, rising prices, and government efforts to make things more efficient and clear. ANEEL's oversight and smart grid projects have helped sub-meters become more common in multi-unit homes, commercial complexes, and industrial parks to divide up costs and keep an eye on usage. Demand is also rising because of urbanization, the growth of distributed generation, and the need to cut down on non-technical losses. Some trends are slowly replacing mechanical meters with smart, electronic ones, retrofitting older buildings, and connecting with digital energy management systems. The most people who use it are businesses and large shared spaces. There is competition between domestic meter makers and service providers who offer affordable solutions and foreign companies that offer cutting-edge smart technologies. The main problems are the high costs of retrofitting, changing rules about who owns and maintains the units, and slow orders for unit-level sub-metering.
List of Key Companies Profiled
- Schneider Electric SE
- Siemens AG
- Honeywell International, Inc.
- ABB Ltd.
- Itron, Inc.
- Landis+Gyr Group AG
- Eaton Corporation plc
- General Electric Company
- Mitsubishi Electric Corporation
- Xylem, Inc. (Sensus)
LAMEA Electric Sub-meters Market Report Segmentation
By Phase
By Type
- Electronic Sub-Meters
- Smart Sub-Meters
- Digital Sub-Meters
- Analog / Conventional Sub-Meters
- Other Type
By Connectivity
By End Use
- Industrial
- Commercial
- Residential
- Other End Use
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 2 LAMEA Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria – Electric Sub-meters Market
TABLE 4 LAMEA Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 5 LAMEA Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 6 LAMEA Three Phase Market by Country, 2021 - 2024, USD Million
TABLE 7 LAMEA Three Phase Market by Country, 2025 - 2032, USD Million
TABLE 8 LAMEA Single Phase Market by Country, 2021 - 2024, USD Million
TABLE 9 LAMEA Single Phase Market by Country, 2025 - 2032, USD Million
TABLE 10 LAMEA Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 11 LAMEA Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 12 LAMEA Electronic Sub-Meters Market by Country, 2021 - 2024, USD Million
TABLE 13 LAMEA Electronic Sub-Meters Market by Country, 2025 - 2032, USD Million
TABLE 14 LAMEA Smart Sub-Meters Market by Country, 2021 - 2024, USD Million
TABLE 15 LAMEA Smart Sub-Meters Market by Country, 2025 - 2032, USD Million
TABLE 16 LAMEA Digital Sub-Meters Market by Country, 2021 - 2024, USD Million
TABLE 17 LAMEA Digital Sub-Meters Market by Country, 2025 - 2032, USD Million
TABLE 18 LAMEA Analog / Conventional Sub-Meters Market by Country, 2021 - 2024, USD Million
TABLE 19 LAMEA Analog / Conventional Sub-Meters Market by Country, 2025 - 2032, USD Million
TABLE 20 LAMEA Other Type Market by Country, 2021 - 2024, USD Million
TABLE 21 LAMEA Other Type Market by Country, 2025 - 2032, USD Million
TABLE 22 LAMEA Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 23 LAMEA Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 24 LAMEA Wired Market by Country, 2021 - 2024, USD Million
TABLE 25 LAMEA Wired Market by Country, 2025 - 2032, USD Million
TABLE 26 LAMEA Wireless Market by Country, 2021 - 2024, USD Million
TABLE 27 LAMEA Wireless Market by Country, 2025 - 2032, USD Million
TABLE 28 LAMEA Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 29 LAMEA Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 30 LAMEA Industrial Market by Country, 2021 - 2024, USD Million
TABLE 31 LAMEA Industrial Market by Country, 2025 - 2032, USD Million
TABLE 32 LAMEA Commercial Market by Country, 2021 - 2024, USD Million
TABLE 33 LAMEA Commercial Market by Country, 2025 - 2032, USD Million
TABLE 34 LAMEA Residential Market by Country, 2021 - 2024, USD Million
TABLE 35 LAMEA Residential Market by Country, 2025 - 2032, USD Million
TABLE 36 LAMEA Other End Use Market by Country, 2021 - 2024, USD Million
TABLE 37 LAMEA Other End Use Market by Country, 2025 - 2032, USD Million
TABLE 38 LAMEA Electric Sub-meters Market by Country, 2021 - 2024, USD Million
TABLE 39 LAMEA Electric Sub-meters Market by Country, 2025 - 2032, USD Million
TABLE 40 Brazil Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 41 Brazil Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 42 Brazil Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 43 Brazil Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 44 Brazil Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 45 Brazil Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 46 Brazil Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 47 Brazil Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 48 Brazil Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 49 Brazil Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 50 Argentina Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 51 Argentina Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 52 Argentina Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 53 Argentina Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 54 Argentina Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 55 Argentina Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 56 Argentina Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 57 Argentina Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 58 Argentina Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 59 Argentina Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 60 UAE Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 61 UAE Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 62 UAE Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 63 UAE Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 64 UAE Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 65 UAE Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 66 UAE Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 67 UAE Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 68 UAE Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 69 UAE Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 70 Saudi Arabia Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 71 Saudi Arabia Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 72 Saudi Arabia Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 73 Saudi Arabia Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 74 Saudi Arabia Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 75 Saudi Arabia Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 76 Saudi Arabia Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 77 Saudi Arabia Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 78 Saudi Arabia Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 79 Saudi Arabia Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 80 South Africa Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 81 South Africa Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 82 South Africa Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 83 South Africa Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 84 South Africa Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 85 South Africa Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 86 South Africa Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 87 South Africa Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 88 South Africa Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 89 South Africa Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 90 Nigeria Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 91 Nigeria Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 92 Nigeria Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 93 Nigeria Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 94 Nigeria Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 95 Nigeria Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 96 Nigeria Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 97 Nigeria Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 98 Nigeria Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 99 Nigeria Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 100 Rest of LAMEA Electric Sub-meters Market, 2021 - 2024, USD Million
TABLE 101 Rest of LAMEA Electric Sub-meters Market, 2025 - 2032, USD Million
TABLE 102 Rest of LAMEA Electric Sub-meters Market by Phase, 2021 - 2024, USD Million
TABLE 103 Rest of LAMEA Electric Sub-meters Market by Phase, 2025 - 2032, USD Million
TABLE 104 Rest of LAMEA Electric Sub-meters Market by Type, 2021 - 2024, USD Million
TABLE 105 Rest of LAMEA Electric Sub-meters Market by Type, 2025 - 2032, USD Million
TABLE 106 Rest of LAMEA Electric Sub-meters Market by Connectivity, 2021 - 2024, USD Million
TABLE 107 Rest of LAMEA Electric Sub-meters Market by Connectivity, 2025 - 2032, USD Million
TABLE 108 Rest of LAMEA Electric Sub-meters Market by End Use, 2021 - 2024, USD Million
TABLE 109 Rest of LAMEA Electric Sub-meters Market by End Use, 2025 - 2032, USD Million
TABLE 110 Key Information – Schneider Electric SE
TABLE 111 Key Information – Siemens AG
TABLE 112 Key Information – Honeywell International, Inc.
TABLE 113 Key Information – ABB Ltd.
TABLE 114 Key Information – Itron, Inc.
TABLE 115 Key Information – Landis+Gyr Group AG
TABLE 116 Key Information – Eaton Corporation PLC
TABLE 117 Key Information – General Electric Company
TABLE 118 Key Information – Mitsubishi Electric Corporation
TABLE 119 key information – Xylem, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Electric Sub-meters Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting lamea Electric Sub-meters Market
FIG 4 Market Share Analysis, 2024
FIG 5 Porter’s Five Forces Analysis – Electric Sub-meters Market
FIG 6 Value Chain Analysis of Electric Sub-meters Market
FIG 7 Product Life Cycle – Electric Sub-meters Market
FIG 8 Market Consolidation – Electric Sub-meters Market
FIG 9 Key Customer Criteria – Electric Sub-meters Market
FIG 10 LAMEA Electric Sub-meters Market share by Phase, 2024
FIG 11 LAMEA Electric Sub-meters Market share by Phase, 2032
FIG 12 LAMEA Electric Sub-meters Market by Phase, 2021 - 2032, USD Million
FIG 13 LAMEA Electric Sub-meters Market share by Type, 2024
FIG 14 LAMEA Electric Sub-meters Market share by Type, 2032
FIG 15 LAMEA Electric Sub-meters Market by Type, 2021 - 2032, USD Million
FIG 16 LAMEA Electric Sub-meters Market share by Connectivity, 2024
FIG 17 LAMEA Electric Sub-meters Market share by Connectivity, 2032
FIG 18 LAMEA Electric Sub-meters Market by Connectivity, 2021 - 2032, USD Million
FIG 19 LAMEA Electric Sub-meters Market share by End Use, 2024
FIG 20 LAMEA Electric Sub-meters Market share by End Use, 2032
FIG 21 LAMEA Electric Sub-meters Market by End Use, 2021 - 2032, USD Million
FIG 22 LAMEA Electric Sub-meters Market share by Country, 2024
FIG 23 LAMEA Electric Sub-meters Market share by Country, 2032
FIG 24 LAMEA Electric Sub-meters Market by Country, 2021 - 2032, USD Million
FIG 25 SWOT Analysis: Schneider Electric SE
FIG 26 SWOT Analysis: Siemens AG
FIG 27 SWOT Analysis: Honeywell international, inc.
FIG 28 SWOT Analysis: ABB ltd.
FIG 29 SWOT Analysis: Eaton Corporation PLC
FIG 30 SWOT Analysis: General electric Company
FIG 31 SWOT Analysis: Mitsubishi Electric Corporation
FIG 32 Swot Analysis: Xylem, Inc.