According to a new report, published by KBV research, The Global Electric Sub-meters Market size is expected to reach USD 22.12 billion by 2032, rising at a market growth of 6.2% CAGR during the forecast period.
The competitive landscape of the electric sub-meters market is shaped by a mix of established electrical equipment manufacturers, specialized metering companies, and emerging digital innovators. Large multinational firms dominate the space with broad portfolios that include both traditional metering and advanced energy management solutions. Their global presence, regulatory certifications, and strong distribution networks give them a competitive edge.
The Three Phase segment captured the maximum revenue in the Global Electric Sub-meters Market by Phase in 2024, thereby, achieving a market value of USD 11.18 billion by 2032. This segment is extensively utilized across large-scale commercial, industrial, and residential infrastructures where high electricity demand and balanced power distribution are critical. The adoption of three-phase sub-meters is largely driven by their ability to manage heavy electrical loads, enhance energy efficiency, and provide accurate monitoring of power consumption across multiple channels.
The Electronic Sub-Meters segment is experiencing a CAGR of 5.5 % during the forecast period. These sub-meters are commonly used across residential, commercial, and industrial sectors because they provide reliable measurement of energy consumption. Their ability to deliver precise data helps users in tracking and managing electricity usage effectively, making them a cost-efficient solution for energy monitoring.
The Wired segment led the maximum revenue in the Global Electric Sub-meters Market by Connectivity in 2024, thereby, achieving a market value of USD 14.76 billion by 2032. This segment benefits from established infrastructure, widespread adoption, and proven reliability. Wired systems are often favored in large-scale installations such as industrial complexes, commercial buildings, and residential societies where stable and uninterrupted monitoring of energy consumption is critical.
The Industrial segment is growing at a CAGR of 5.6 % during the forecast period. This segment benefits from extensive usage in manufacturing plants, production facilities, and heavy-duty industries where monitoring and controlling electricity consumption is crucial. The reliance on sub-meters helps in ensuring operational efficiency, cost optimization, and compliance with energy management policies.
The North America region dominated the Global Electric Sub-meters Market by Region in 2024, thereby, achieving a market value of USD 7.23 billion by 2032. The Asia Pacific region is anticipated to grow a CAGR of 6.7% during (2025 - 2032). Additionally, The Europe region would witness a CAGR of 5.8% during (2025 - 2032).
By Phase
By Type
By Connectivity
By End Use
By Geography
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