Market Overview:
The global single-phase electric energy meter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electricity and the need for accurate and reliable measurement of electricity consumption. In addition, the growing awareness about energy conservation is also contributing to the growth of this market. The global single-phase electric energy meter market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into stationary meters and mobile meters. Stationary meters are further classified into panel-mount meters and wall-mounted electric energy meters. DIN rail mounted electric energy meters are a subtype of wall-mounted electric energy meter. On the basis of application, it can be divided into residential applications and commercial applications. Residential applications include households/individuals as well as small businesses (100 employees), government buildings & institutions (GBIs), hospitals & healthcare facilities (HHCs), educational institutions (schools/colleges/universities) etc. the industrial sector including process industries such as oil refineries & petrochemical plants; discrete industries such as automotive manufacturing plants; utilities such as power generation stations; construction sites etc., transportation sector including roadways, railways & aviation etc., and Others which includes agricultural premises, religious establishments etc.
Product Definition:
A single-phase electric energy meter is a device used to measure the amount of electrical energy consumed by an appliance or building. The meter typically consists of three spinning disks that rotate in opposite directions as electricity passes through them. The number of rotations per minute (rpm) is converted into kilowatt hours (kWh) and displayed on a digital screen or printed on a receipt. Single-phase meters are important for billing customers accurately for the amount of electricity they consume.
Stationary:
Stationary energy meters are used to measure the electricity consumption of a specific area or building. They can be indoor or outdoor devices and are installed in places where there is no movement of the electric current such as in offices, residential buildings, hospitals, data centers and other utility-related areas. The primary function of stationary energy meters is to register the electrical usage for billing purposes.
Mobile:
Mobile is a device that enables the exchange of information between an electric energy meter and the service provider. It consists of hardware and software components. The mobile communication system has been developed over decades, starting from wired telephony to today’s wireless systems such as GSM, CDMA, 3G & 4G LTE or WCDMA/HSPA+, etc.
The global single-phase electric energy meter market size was valued at USD 2.5 billion in 2015.
Application Insights:
In terms of revenue, the panel-mounted electric energy meters application segment dominated the market with a share of over 40.0% in 2017. This is attributed to its low installation cost and easy handling as compared to other single-phase meter types such as DIN rail or wall-mounted electric energy meters. The stationary type Electric Energy Meters (EEM) is expected to be the fastest growing application at an estimated CAGR of XX% from 2018 to 2030 owing to its ability to measure power factor, thereby enabling accurate metering and billing for large industrial consumers across various industries such as oil & gas, steel manufacturing etcetera globally over the forecast period.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing penetration of electric energy metering infrastructure in countries such as China, India, Japan, South Korea, Taiwan among others. Moreover, rising demand for electricity due to rapid urbanization and industrialization along with growing population is anticipated to drive the regional market growth.
Countries such as China and India are witnessing a surge in investments from various private players along with government agencies towards modernization of distribution networks which includes replacement or upgrading existing transformers & lines as well as meter installation drives across cities/towns/villages etc. This factor is also projected to boost industry expansion over the next eight years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government initiatives for energy conservation and smart grid development
- Rapid urbanization and electrification in developing countries
- Technological advancements in electric meters that improve accuracy, reliability, and communication capabilities
- Rising prices of traditional fuels such as oil, gas, and coal
Scope Of The Report
Report Attributes
Report Details
Report Title
Single-phase Electric Energy Meter Market Research Report
By Type
Stationary, Mobile
By Application
Panel-Mount, Wall-Mounted Electric Energy Meters, DIN Rail
By Companies
GOSSEN METRAWATT GmbH, Saia Burgess Controls, TELE, SENECA, CIRCUTOR, Yueqing Hean Electrical Co., Ltd, Algodue, DIGITAL ELECTRIC, Jiangsu Sfere Electric Co.,Ltd, Kamstrup, MITSUBISHI Automation, TE Connectivity Ltd, Wuhan Radarking Electronics Corp., Selec Controls, Luna Elektrik, Socomec
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Single-phase Electric Energy Meter Market Report Segments:
The global Single-phase Electric Energy Meter market is segmented on the basis of:
Types
Stationary, Mobile
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
Panel-Mount, Wall-Mounted Electric Energy Meters, DIN Rail
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:
- GOSSEN METRAWATT GmbH
- Saia Burgess Controls
- TELE
- SENECA
- CIRCUTOR
- Yueqing Hean Electrical Co., Ltd
- Algodue
- DIGITAL ELECTRIC
- Jiangsu Sfere Electric Co.,Ltd
- Kamstrup
- MITSUBISHI Automation
- TE Connectivity Ltd
- Wuhan Radarking Electronics Corp.
- Selec Controls
- Luna Elektrik
- Socomec
Highlights of The Single-phase Electric Energy Meter 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:
- Stationary
- Mobile
- By Application:
- Panel-Mount
- Wall-Mounted Electric Energy Meters
- DIN Rail
- 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 Single-phase Electric Energy Meter 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.
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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?
A single-phase electric energy meter is a type of electric meter that measures the amount of electricity used in a specific area.
Some of the major players in the single-phase electric energy meter market are GOSSEN METRAWATT GmbH, Saia Burgess Controls, TELE, SENECA, CIRCUTOR, Yueqing Hean Electrical Co., Ltd, Algodue, DIGITAL ELECTRIC, Jiangsu Sfere Electric Co.,Ltd, Kamstrup, MITSUBISHI Automation, TE Connectivity Ltd, Wuhan Radarking Electronics Corp., Selec Controls, Luna Elektrik, Socomec.
The single-phase electric energy meter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size & Forecast, 2018-2028
4.5.1 Single-phase Electric Energy Meter Market Size and Y-o-Y Growth
4.5.2 Single-phase Electric Energy Meter Market Absolute $ Opportunity
Chapter 5 Global Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size Forecast by Type
5.2.1 Stationary
5.2.2 Mobile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size Forecast by Applications
6.2.1 Panel-Mount
6.2.2 Wall-Mounted Electric Energy Meters
6.2.3 DIN Rail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Analysis and Forecast
9.1 Introduction
9.2 North America Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size Forecast by Type
9.6.1 Stationary
9.6.2 Mobile
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 Single-phase Electric Energy Meter Market Size Forecast by Applications
9.10.1 Panel-Mount
9.10.2 Wall-Mounted Electric Energy Meters
9.10.3 DIN Rail
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 Single-phase Electric Energy Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size Forecast by Type
10.6.1 Stationary
10.6.2 Mobile
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 Single-phase Electric Energy Meter Market Size Forecast by Applications
10.10.1 Panel-Mount
10.10.2 Wall-Mounted Electric Energy Meters
10.10.3 DIN Rail
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 Single-phase Electric Energy Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size Forecast by Type
11.6.1 Stationary
11.6.2 Mobile
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 Single-phase Electric Energy Meter Market Size Forecast by Applications
11.10.1 Panel-Mount
11.10.2 Wall-Mounted Electric Energy Meters
11.10.3 DIN Rail
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 Single-phase Electric Energy Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Single-phase Electric Energy Meter 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 Single-phase Electric Energy Meter Market Size Forecast by Type
12.6.1 Stationary
12.6.2 Mobile
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 Single-phase Electric Energy Meter Market Size Forecast by Applications
12.10.1 Panel-Mount
12.10.2 Wall-Mounted Electric Energy Meters
12.10.3 DIN Rail
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) Single-phase Electric Energy Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Single-phase Electric Energy Meter 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) Single-phase Electric Energy Meter Market Size Forecast by Type
13.6.1 Stationary
13.6.2 Mobile
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) Single-phase Electric Energy Meter Market Size Forecast by Applications
13.10.1 Panel-Mount
13.10.2 Wall-Mounted Electric Energy Meters
13.10.3 DIN Rail
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 Single-phase Electric Energy Meter Market: Competitive Dashboard
14.2 Global Single-phase Electric Energy Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GOSSEN METRAWATT GmbH
14.3.2 Saia Burgess Controls
14.3.3 TELE
14.3.4 SENECA
14.3.5 CIRCUTOR
14.3.6 Yueqing Hean Electrical Co., Ltd
14.3.7 Algodue
14.3.8 DIGITAL ELECTRIC
14.3.9 Jiangsu Sfere Electric Co.,Ltd
14.3.10 Kamstrup
14.3.11 MITSUBISHI Automation
14.3.12 TE Connectivity Ltd
14.3.13 Wuhan Radarking Electronics Corp.
14.3.14 Selec Controls
14.3.15 Luna Elektrik
14.3.16 Socomec
