Market Overview:
The global industrial 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 and smart meters across various industries. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. Based on type, the industrial electricity meters market can be segmented into single phase and three-phase electricity meters. Single phase electricity meters are more common as compared to three-phase ones and are used for residential applications. However, with the increasing demand for energy efficiency, three-phase electricity meters are gaining traction in industrial applications as they offer better performance than single phase ones. Based on application, traffic control accounted for the largest share of the global industrial Electricity Meters Market in 2017 owing to its widespread use across various transportation modes such as railways, airports, seaports etc.
Product Definition:
An industrial electricity meter is a device used to measure the amount of electrical energy consumed by an industrial or commercial business. The importance of these meters is that they allow businesses to track their electricity usage and identify where they can make reductions in order to save money on their electric bills.
Single Phase Electricity Meters:
Single-phase electricity meters are used to measure the power usage of an individual phase in an electrical distribution system. They are also known as phase meters or current meters. These instruments display the electricity consumed by a particular circuit, department or equipment and help in monitoring and controlling energy consumption efficiently.
Three-Phase Electricity Meters:
The three-phase electricity meters are used to measure the electrical energy consumed in an industrial application. It is a device that helps in monitoring and measuring power consumption by the electric equipment installed at the plant. The three-phase electricity meter has different applications such as commercial, residential, and industrial areas. These devices have high accuracy, reliability, durability along with easy installation process which makes them suitable for large scale industries as well small scale industries respectively.
Application Insights:
The others application segment includes time metering, process control, and load control. The traffic control application is expected to be the fastest-growing segment over the forecast period owing to its increasing use in transportation applications such as roadways, railways and airways. Environmental monitoring is also expected to witness significant growth over the next eight years due to its growing use in industrial facilities for power generation and manufacturing sectors.
Safety monitoring plays a vital role in ensuring safety of personnel at industrial sites by tracking machine operations through electricity metering systems installed at critical points throughout plants¢â‚¬â„¢ supply chains. These systems are used extensively across oil & gas industries for controlling processes such as natural gas compression, crude oil refining along with pipeline transportation & storage activities worldwide. Other applications include process control which can be used for multiple purposes including production scheduling, material handling & storage management along with other plant operating parameters that need constant monitoring during plant operations globally.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 38% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for electricity metering systems from several industries and growing population in China, India, Japan, and South Korea. Moreover, rising concerns regarding energy consumption have spurred market growth across this region.
The European market was valued at USD X billion in 2017 and is anticipated to witness significant growth during the forecast period on account of increasing investments across several sectors including industrial automation & process control; transportation & logistics; oil & gas; healthcare; water management among others.
Growth Factors:
- Increasing demand for electricity from industrial sector
- Rapid industrialization in emerging economies
- Stringent government regulations for energy conservation
- Technological advancements in electricity meters
- Growing awareness about the benefits of using advanced meters
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Electricity Meters Market Research Report
By Type
Single Phase Electricity Meters, Three-Phase Electricity Meters
By Application
Traffic Control, Environmental Monitoring, Safety Monitoring, Others
By Companies
Holley Metering, Itron, Landis+Gyr, Jiangsu Linyang Electronics, Delixi Group, GE, Schneider Electric, Siemens, Johnson Electric, 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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Electricity Meters Market Report Segments:
The global Industrial 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
Traffic Control, Environmental Monitoring, Safety Monitoring, Others
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
- GE
- Schneider Electric
- Siemens
- Johnson Electric
- Holley Metering
Highlights of The Industrial 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:
- Traffic Control
- Environmental Monitoring
- Safety Monitoring
- Others
- 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 Industrial 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Industrial electricity meters are used to measure the amount of electricity that is being used in industrial settings. They can be either manual or automatic, and they typically have a range of voltages and amperages that they can measure.
Some of the major companies in the industrial electricity meters market are Holley Metering, Itron, Landis+Gyr, Jiangsu Linyang Electronics, Delixi Group, GE, Schneider Electric, Siemens, Johnson Electric, Holley Metering.
The industrial 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 Industrial 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 Industrial Electricity Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial 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 Industrial 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 Industrial Electricity Meters Market Size & Forecast, 2020-2028
4.5.1 Industrial Electricity Meters Market Size and Y-o-Y Growth
4.5.2 Industrial 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 Traffic Control
6.2.2 Environmental Monitoring
6.2.3 Safety Monitoring
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial 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 Industrial 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 Traffic Control
9.10.2 Environmental Monitoring
9.10.3 Safety Monitoring
9.10.4 Others
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 Traffic Control
10.10.2 Environmental Monitoring
10.10.3 Safety Monitoring
10.10.4 Others
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 Traffic Control
11.10.2 Environmental Monitoring
11.10.3 Safety Monitoring
11.10.4 Others
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 Traffic Control
12.10.2 Environmental Monitoring
12.10.3 Safety Monitoring
12.10.4 Others
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 Traffic Control
13.10.2 Environmental Monitoring
13.10.3 Safety Monitoring
13.10.4 Others
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 Industrial Electricity Meters Market: Competitive Dashboard
14.2 Global Industrial 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 GE
14.3.7 Schneider Electric
14.3.8 Siemens
14.3.9 Johnson Electric
14.3.10 Holley Metering
