Market Overview:
The global commercial electricity meters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient devices and the growing awareness about energy conservation. In addition, the rising number of commercial establishments is also contributing to the growth of this market. The global commercial electricity meters market can be segmented on the basis of type and application. On the basis of type, it can be divided into single phase electricity meters and three-phase electricity meters. Single phase Electricity Meters are used for measuring single-phase electrical loads, while three-phase Electricity Meters are used for measuring three-phase electrical loads (usually in industrial or commercial settings).
Product Definition:
Commercial Electricity Meter is a device that measures the amount of electric current used by commercial businesses. The importance of Commercial Electricity Meters is that it helps businesses keep track of their electric usage so they can stay within their budget.
Single Phase Electricity Meters:
Single-phase electricity meters are the most common type of electric meter used in commercial and industrial applications. They are also known as phase-type meters, single-phase electric meter or phase conductor. Single Phase Electricity Meters is a device that measures power usage in a specific direction; it does not indicate total power consumption of an entire building or block. It only indicates current use by individual circuits/fixtures/appliances etc.
Three-Phase Electricity Meters:
Three-phase electricity meters are used to measure the power usage of commercial and industrial applications. It is a device that helps in monitoring the energy consumption of an electric circuit by measuring current, voltage and power in three different phases. The product has gained popularity owing to its ability to reduce energy wastage as it provides accurate information about the load on any electrical system.
Application Insights:
The other application segment includes corporate offices, hospitals, hotels and restaurants, government buildings and public infrastructure. The use of electricity meters in commercial establishments has become mandatory by law in many countries around the world. This is because it helps reduce energy wastage as well as increases operational efficiency by measuring the real-time power consumption of each unit.
The shopping mall application segment accounted for a significant market share in 2017 owing to its high number of air conditioning systems that consume large amounts of electricity. Furthermore, this type of building requires a large amount capacity compared to others such as multi-family apartment or office building which can be measured with single phase meters only due to low power requirements across these types buildings.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in commercial buildings, such as shopping malls and multi-family residential buildings, by foreign and domestic private players. In addition, favorable government policies encouraging investments in these sectors are anticipated to drive the regional market growth. For instance, according to a white paper on infrastructure released by China’s State Council in 2016; it was stated that ‘infrastructure investment needs of nearly USD X trillion between 2014 and 2020’.
The Middle East & Africa (MEA) accounted for a significant share of revenue generated from global CEMs market owing to high oil prices resulting into increased spending on energy consumption across various industries including transportation.
Growth Factors:
- Increasing demand for electricity from commercial and industrial sectors
- Rapid urbanization and industrialization in emerging economies
- Stringent government regulations for energy conservation
- Technological advancements in metering devices that improve accuracy and efficiency
- Rising awareness about the benefits of advanced metering solutions among commercial consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Electricity Meters Market Research Report
By Type
Single Phase Electricity Meters, Three-Phase Electricity Meters
By Application
Shopping Mall, Multi Family Apartment, Other
By Companies
Holley Metering, Itron, Landis+Gyr, Jiangsu Linyang Electronics, Delixi Group, General Electric, Schneider Electric, Siemens, Holley Metering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Electricity Meters Market Report Segments:
The global Commercial Electricity Meters market is segmented on the basis of:
Types
Single Phase Electricity Meters, Three-Phase Electricity Meters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Shopping Mall, Multi Family Apartment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Holley Metering
- Itron
- Landis+Gyr
- Jiangsu Linyang Electronics
- Delixi Group
- General Electric
- Schneider Electric
- Siemens
- Holley Metering
Highlights of The Commercial Electricity Meters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Phase Electricity Meters
- Three-Phase Electricity Meters
- By Application:
- Shopping Mall
- Multi Family Apartment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Electricity Meters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial electricity meters are used to measure the amount of electricity that is being used in commercial buildings. They can be either manual or automatic, and they usually have a range of readings from 0 to 100 kilowatts.
Some of the major companies in the commercial electricity meters market are Holley Metering, Itron, Landis+Gyr, Jiangsu Linyang Electronics, Delixi Group, General Electric, Schneider Electric, Siemens, Holley Metering.
The commercial electricity meters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Electricity Meters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Electricity Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Electricity Meters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Electricity Meters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Electricity Meters Market Size & Forecast, 2020-2028
4.5.1 Commercial Electricity Meters Market Size and Y-o-Y Growth
4.5.2 Commercial Electricity Meters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Phase Electricity Meters
5.2.2 Three-Phase Electricity Meters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Shopping Mall
6.2.2 Multi Family Apartment
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Electricity Meters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Electricity Meters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Phase Electricity Meters
9.6.2 Three-Phase Electricity Meters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Shopping Mall
9.10.2 Multi Family Apartment
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Phase Electricity Meters
10.6.2 Three-Phase Electricity Meters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Shopping Mall
10.10.2 Multi Family Apartment
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Phase Electricity Meters
11.6.2 Three-Phase Electricity Meters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Shopping Mall
11.10.2 Multi Family Apartment
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Phase Electricity Meters
12.6.2 Three-Phase Electricity Meters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Shopping Mall
12.10.2 Multi Family Apartment
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Phase Electricity Meters
13.6.2 Three-Phase Electricity Meters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Shopping Mall
13.10.2 Multi Family Apartment
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Electricity Meters Market: Competitive Dashboard
14.2 Global Commercial Electricity Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Holley Metering
14.3.2 Itron
14.3.3 Landis+Gyr
14.3.4 Jiangsu Linyang Electronics
14.3.5 Delixi Group
14.3.6 General Electric
14.3.7 Schneider Electric
14.3.8 Siemens
14.3.9 Holley Metering
