Global Digital Power Meter Market Growth 2024-2030

Global Digital Power Meter Market Growth 2024-2030

Digital power meters are next-generation meters that provide precise readings of electricity consumption and are generally installed in households or in enterprises to maintain detailed statistics on energy consumption.

The global Digital Power Meter market size is projected to grow from US$ 9985.8 million in 2023 to US$ 13380 million in 2030; it is expected to grow at a CAGR of 4.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Digital Power Meter Industry Forecast” looks at past sales and reviews total world Digital Power Meter sales in 2023, providing a comprehensive analysis by region and market sector of projected Digital Power Meter sales for 2024 through 2030. With Digital Power Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Power Meter industry.

This Insight Report provides a comprehensive analysis of the global Digital Power 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 Digital Power Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Power Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Power 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 Digital Power Meter.

United States market for Digital Power Meter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Digital Power Meter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Digital Power Meter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Digital Power Meter players cover General Electric, Toshiba, Wasison Group Holdings, ABB and Eaton, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Power Meter market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Single Phase
Three Phase

Segmentation by application
Residential
Commercial
Industrial

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 analyzing the company's coverage, product portfolio, its market penetration.
General Electric
Toshiba
Wasison Group Holdings
ABB
Eaton
Holley Metering
Siemens
Itron
Landis+Gyr
Schneider Electric
Honeywell
Jiaxing Eastron Electronic Instruments
Kamstrup
LINYANG Energy
Murata
Simpson Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Power Meter market?

What factors are driving Digital Power Meter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Power Meter market opportunities vary by end market size?

How does Digital Power Meter break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.