Global Power Metering Chip Market Growth 2025-2031

The global Power Metering Chip market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Power metering chip is the core component of the smart grid electricity information metering system, which realises the measurement of electrical energy data based on microelectronic circuits in smart meters and is mainly used for the measurement of electricity consumption information in industrial and household electricity consumers.

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

LP Information, Inc. (LPI) ' newest research report, the “Power Metering Chip Industry Forecast” looks at past sales and reviews total world Power Metering Chip sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Metering Chip sales for 2025 through 2031. With Power Metering Chip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Metering Chip industry.

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

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

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

Segmentation by Type:
Single Phase Energy Metering Chips
Three Phase Energy Metering Chips

Segmentation by Application:
Industrial
Residential
Others

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.
STMicroelectronics
Analog Devices
Texas Instruments
Renesas Electronics
Ams
Microchip Technology (Atmel)
Arch Meter Corporation
Cirrus Logic
Labat Africa Ltd. (South African Micro-Electronic Systems)
CHIPSEA
Shanghai Belling Corp
Hi-trend Technology (Shanghai)
Shanghai Fudan Microelect
Hiliwi
Solidic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Metering Chip market?

What factors are driving Power Metering Chip market growth, globally and by region?

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

How do Power Metering Chip market opportunities vary by end market size?

How does Power Metering Chip break out by Type, by Application?

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