Market Overview:
The global three-phase DIN rail 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 energy meters from commercial and industrial applications, and the growing awareness about energy conservation among consumers. In terms of type, the stationary segment is expected to lead the global three-phase DIN rail electric energy meter market during the forecast period, followed by mobile meters. By application, commercial applications are expected to account for a major share of the global three-phase DIN rail electric energy meter market during 2018–2030.
Product Definition:
A three-phase DIN rail electric energy meter is an electromechanical device used to measure the amount of electrical energy consumed by a load. The importance of a three-phase DIN rail electric energy meter is that it allows for accurate billing of electrical consumption, as well as providing data that can be used to optimize energy usage.
Stationary:
Stationary energy meters are used to measure the electricity consumption of a specific area or building. They can be mounted on the exterior wall of an electrical substation, which is then connected to different parts of the distribution system by means of conductors. The most common form consists of a metal case with glass face and plastic or fiberglass body, which can be mounted on any surface without making contact with power lines.
Mobile:
The mobile is the device which is used to measure electricity consumption in homes and small businesses. It can be a portable or fixed device depending on the type of service being provided by the vendor. The global market for mobile devices has been witnessing significant growth over recent years owing to its ability to offer improved services such as real-time power usage information, cost per unit of energy consumed, and data security through user authentication.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The rising demand for electric energy meters from various industries including data centers, IT offices, educational institutions and hospitals is expected to drive the market growth during the forecast period.
The industrial application segment was valued at USD 1,227.5 million in 2017 owing to increasing investments in manufacturing facilities across various countries including China, Japan, South Korea and Taiwan which are projected to increase electricity costs resulting in an increased demand for energy meters with low installation cost per unit area as compared with other conventional metering devices such as photovoltaic or wind power inverters in order to comply with new regulatory standards regarding electrical energy consumption imposed by authorities across different regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and commercial construction activities in emerging economies, such as China and India. In addition, rising awareness regarding electric energy consumption is anticipated to fuel industry expansion over the next eight years.
Europe accounted for a significant share of global revenue in 2017 owing to stringent government regulations pertaining to energy efficiency in public buildings along with residential structures. Moreover, growing demand for clean electricity from countries including Germany and U.K., which are among Europe’s largest markets for Three-phase DIN Rail Electric Energy Meters (TREEM), will further boost industry growth during the forecast period in this region as well as others where electrical equipment manufacturing takes place (such as North America).
The Middle East & Africa market was valued at USD X million in 2017 owing high oil prices that have encouraged governments across countries including Saudi Arabia.
Growth Factors:
- Increasing demand for energy efficient devices
- Rising awareness about the benefits of using three-phase DIN rail electric energy meters
- Growing number of smart grid projects worldwide
- Proliferation of renewable energy sources
- Technological advancements in three-phase DIN rail electric energy meters
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-phase DIN Rail Electric Energy Meter Market Research Report
By Type
Stationary, Mobile
By Application
Commercial, Industrial, Residential
By Companies
SELEC Controls Pvt. Ltd., Saia Burgess Controls, SENECA Srl, Acrel, CIRCUTOR, Contrel Elettronica, Algodue Elettronica, eTactica, Jiangsu Sfere Electric Co.,Ltd., IME, Socomec, Inepro Metering, ELECTREX, FINDER SpA, DIGITAL ELECTRIC, Capetti Elettronica
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Three-phase DIN Rail Electric Energy Meter Market Report Segments:
The global Three-phase DIN Rail 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
Commercial, Industrial, Residential
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:
- SELEC Controls Pvt. Ltd.
- Saia Burgess Controls
- SENECA Srl
- Acrel
- CIRCUTOR
- Contrel Elettronica
- Algodue Elettronica
- eTactica
- Jiangsu Sfere Electric Co.,Ltd.
- IME
- Socomec
- Inepro Metering
- ELECTREX
- FINDER SpA
- DIGITAL ELECTRIC
- Capetti Elettronica
Highlights of The Three-phase DIN Rail 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:
- Commercial
- Industrial
- Residential
- 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter is a meter that measures the electric energy used by an electric power system. It consists of three electrical conductors embedded in a metal rail, which are mounted on a rotating drum. The meter reads the current flowing through each conductor and calculates the amount of electricity used by the system.
Some of the major players in the three-phase din rail electric energy meter market are SELEC Controls Pvt. Ltd., Saia Burgess Controls, SENECA Srl, Acrel, CIRCUTOR, Contrel Elettronica, Algodue Elettronica, eTactica, Jiangsu Sfere Electric Co.,Ltd., IME, Socomec, Inepro Metering, ELECTREX, FINDER SpA, DIGITAL ELECTRIC, Capetti Elettronica.
The three-phase din rail electric energy meter 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Size & Forecast, 2018-2028
4.5.1 Three-phase DIN Rail Electric Energy Meter Market Size and Y-o-Y Growth
4.5.2 Three-phase DIN Rail Electric Energy Meter Market Absolute $ Opportunity
Chapter 5 Global Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Analysis and Forecast
9.1 Introduction
9.2 North America Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
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 Three-phase DIN Rail Electric Energy Meter Analysis and Forecast
10.1 Introduction
10.2 Europe Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
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 Three-phase DIN Rail Electric Energy Meter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
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 Three-phase DIN Rail Electric Energy Meter Analysis and Forecast
12.1 Introduction
12.2 Latin America Three-phase DIN Rail 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 Three-phase DIN Rail 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 Three-phase DIN Rail Electric Energy Meter Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
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) Three-phase DIN Rail Electric Energy Meter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Three-phase DIN Rail 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) Three-phase DIN Rail 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) Three-phase DIN Rail Electric Energy Meter Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
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 Three-phase DIN Rail Electric Energy Meter Market: Competitive Dashboard
14.2 Global Three-phase DIN Rail Electric Energy Meter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SELEC Controls Pvt. Ltd.
14.3.2 Saia Burgess Controls
14.3.3 SENECA Srl
14.3.4 Acrel
14.3.5 CIRCUTOR
14.3.6 Contrel Elettronica
14.3.7 Algodue Elettronica
14.3.8 eTactica
14.3.9 Jiangsu Sfere Electric Co.,Ltd.
14.3.10 IME
14.3.11 Socomec
14.3.12 Inepro Metering
14.3.13 ELECTREX
14.3.14 FINDER SpA
14.3.15 DIGITAL ELECTRIC
14.3.16 Capetti Elettronica
