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Global Digital Electricity Meter Market Research Report 2025

Global Digital Electricity Meter Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1565022

No of Pages : 111

Synopsis
The global Digital Electricity Meter market was valued at US$ 14160 million in 2023 and is anticipated to reach US$ 21430 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.
Digital electricity meters, also known as smart meters, offer several prospects and benefits for both consumers and utility companies. Some key prospects of digital electricity meters include:

1. Accurate and real-time energy consumption monitoring: Digital electricity meters provide accurate and real-time monitoring of energy consumption. They enable consumers to track their electricity usage more precisely, helping them to make informed decisions about energy consumption and potentially reduce their electricity bills. Real-time data also allows utility companies to better manage power supply and demand, leading to a more efficient and reliable electrical grid.

2. Enhanced energy management: Digital electricity meters enable consumers to better understand their energy usage patterns. This information helps in identifying areas of high energy consumption and implementing energy-saving measures. Consumers can adjust their usage habits, optimize their energy usage during off-peak hours, and take advantage of time-of-use pricing plans offered by utility companies.

3. Remote meter reading and billing: Digital electricity meters eliminate the need for manual meter reading by utility personnel. Meter data is transmitted remotely, reducing the risk of errors and improving the efficiency of the billing process. This eliminates the need for estimated bills and provides more accurate billing based on actual energy consumption.

4. Integration with smart home technologies: Digital electricity meters can be integrated with smart home technologies and energy management systems. This integration allows for automated control of appliances, better energy load balancing, and the ability to monitor and manage energy usage remotely. Consumers can adjust their energy consumption and receive alerts or recommendations based on their energy usage patterns.

5. Detection of energy theft and meter tampering: Digital electricity meters can help detect instances of energy theft or meter tampering more effectively than traditional analog meters. Smart meters can provide alerts and data anomalies associated with unauthorized access or tampering, helping utility companies mitigate revenue losses due to theft or tampering.

6. Integration with renewable energy sources: Digital electricity meters facilitate integration with renewable energy sources, such as solar panels or wind turbines. They can measure the energy generated by these sources and allow for the bi-directional flow of electricity between the grid and consumer-owned renewable energy systems. This integration promotes the adoption of renewable energy and supports the transition to a more sustainable energy future.

It is important to note that the deployment and benefits of digital electricity meters may vary depending on local regulations, utility company policies, and infrastructure capabilities. Prospective customers should consult with their utility provider to understand specific benefits and opportunities associated with digital electricity meters in their region.
This report aims to provide a comprehensive presentation of the global market for Digital Electricity Meter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Electricity Meter.
Report Scope
The Digital Electricity Meter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Digital Electricity Meter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Electricity Meter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Electric
Murata Power Solutions
Simpson Electric
Chroma ATE
EKM Metering
Advanced Electronics
HDL
Omni System
Schneider Electric
Radarking Electronics
Holley Metering
Shanghai JYINS Meters Electrical
Newhongbo
Eastron Instruments
Qianxing Electrical
Segment by Type
Single Phase
Three Phase
Others
Segment by Application
Household
Commercial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Digital Electricity Meter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Digital Electricity Meter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Digital Electricity Meter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Digital Electricity Meter Market Overview
1.1 Product Definition
1.2 Digital Electricity Meter Segment by Type
1.2.1 Global Digital Electricity Meter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Phase
1.2.3 Three Phase
1.2.4 Others
1.3 Digital Electricity Meter Segment by Application
1.3.1 Global Digital Electricity Meter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Household
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Digital Electricity Meter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Digital Electricity Meter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Digital Electricity Meter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Digital Electricity Meter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Digital Electricity Meter Production Market Share by Manufacturers (2019-2024)
2.2 Global Digital Electricity Meter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Digital Electricity Meter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Digital Electricity Meter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Digital Electricity Meter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Digital Electricity Meter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Digital Electricity Meter, Product Offered and Application
2.8 Global Key Manufacturers of Digital Electricity Meter, Date of Enter into This Industry
2.9 Digital Electricity Meter Market Competitive Situation and Trends
2.9.1 Digital Electricity Meter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Digital Electricity Meter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Digital Electricity Meter Production by Region
3.1 Global Digital Electricity Meter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Digital Electricity Meter Production Value by Region (2019-2030)
3.2.1 Global Digital Electricity Meter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Digital Electricity Meter by Region (2025-2030)
3.3 Global Digital Electricity Meter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Digital Electricity Meter Production by Region (2019-2030)
3.4.1 Global Digital Electricity Meter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Digital Electricity Meter by Region (2025-2030)
3.5 Global Digital Electricity Meter Market Price Analysis by Region (2019-2024)
3.6 Global Digital Electricity Meter Production and Value, Year-over-Year Growth
3.6.1 North America Digital Electricity Meter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Digital Electricity Meter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Digital Electricity Meter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Digital Electricity Meter Production Value Estimates and Forecasts (2019-2030)
4 Digital Electricity Meter Consumption by Region
4.1 Global Digital Electricity Meter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Digital Electricity Meter Consumption by Region (2019-2030)
4.2.1 Global Digital Electricity Meter Consumption by Region (2019-2024)
4.2.2 Global Digital Electricity Meter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Digital Electricity Meter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Digital Electricity Meter Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Digital Electricity Meter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Digital Electricity Meter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Digital Electricity Meter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Digital Electricity Meter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Digital Electricity Meter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Digital Electricity Meter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Digital Electricity Meter Production by Type (2019-2030)
5.1.1 Global Digital Electricity Meter Production by Type (2019-2024)
5.1.2 Global Digital Electricity Meter Production by Type (2025-2030)
5.1.3 Global Digital Electricity Meter Production Market Share by Type (2019-2030)
5.2 Global Digital Electricity Meter Production Value by Type (2019-2030)
5.2.1 Global Digital Electricity Meter Production Value by Type (2019-2024)
5.2.2 Global Digital Electricity Meter Production Value by Type (2025-2030)
5.2.3 Global Digital Electricity Meter Production Value Market Share by Type (2019-2030)
5.3 Global Digital Electricity Meter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Digital Electricity Meter Production by Application (2019-2030)
6.1.1 Global Digital Electricity Meter Production by Application (2019-2024)
6.1.2 Global Digital Electricity Meter Production by Application (2025-2030)
6.1.3 Global Digital Electricity Meter Production Market Share by Application (2019-2030)
6.2 Global Digital Electricity Meter Production Value by Application (2019-2030)
6.2.1 Global Digital Electricity Meter Production Value by Application (2019-2024)
6.2.2 Global Digital Electricity Meter Production Value by Application (2025-2030)
6.2.3 Global Digital Electricity Meter Production Value Market Share by Application (2019-2030)
6.3 Global Digital Electricity Meter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Electric
7.1.1 General Electric Digital Electricity Meter Corporation Information
7.1.2 General Electric Digital Electricity Meter Product Portfolio
7.1.3 General Electric Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Electric Main Business and Markets Served
7.1.5 General Electric Recent Developments/Updates
7.2 Murata Power Solutions
7.2.1 Murata Power Solutions Digital Electricity Meter Corporation Information
7.2.2 Murata Power Solutions Digital Electricity Meter Product Portfolio
7.2.3 Murata Power Solutions Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Murata Power Solutions Main Business and Markets Served
7.2.5 Murata Power Solutions Recent Developments/Updates
7.3 Simpson Electric
7.3.1 Simpson Electric Digital Electricity Meter Corporation Information
7.3.2 Simpson Electric Digital Electricity Meter Product Portfolio
7.3.3 Simpson Electric Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Simpson Electric Main Business and Markets Served
7.3.5 Simpson Electric Recent Developments/Updates
7.4 Chroma ATE
7.4.1 Chroma ATE Digital Electricity Meter Corporation Information
7.4.2 Chroma ATE Digital Electricity Meter Product Portfolio
7.4.3 Chroma ATE Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Chroma ATE Main Business and Markets Served
7.4.5 Chroma ATE Recent Developments/Updates
7.5 EKM Metering
7.5.1 EKM Metering Digital Electricity Meter Corporation Information
7.5.2 EKM Metering Digital Electricity Meter Product Portfolio
7.5.3 EKM Metering Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 EKM Metering Main Business and Markets Served
7.5.5 EKM Metering Recent Developments/Updates
7.6 Advanced Electronics
7.6.1 Advanced Electronics Digital Electricity Meter Corporation Information
7.6.2 Advanced Electronics Digital Electricity Meter Product Portfolio
7.6.3 Advanced Electronics Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Advanced Electronics Main Business and Markets Served
7.6.5 Advanced Electronics Recent Developments/Updates
7.7 HDL
7.7.1 HDL Digital Electricity Meter Corporation Information
7.7.2 HDL Digital Electricity Meter Product Portfolio
7.7.3 HDL Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 HDL Main Business and Markets Served
7.7.5 HDL Recent Developments/Updates
7.8 Omni System
7.8.1 Omni System Digital Electricity Meter Corporation Information
7.8.2 Omni System Digital Electricity Meter Product Portfolio
7.8.3 Omni System Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Omni System Main Business and Markets Served
7.7.5 Omni System Recent Developments/Updates
7.9 Schneider Electric
7.9.1 Schneider Electric Digital Electricity Meter Corporation Information
7.9.2 Schneider Electric Digital Electricity Meter Product Portfolio
7.9.3 Schneider Electric Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Schneider Electric Main Business and Markets Served
7.9.5 Schneider Electric Recent Developments/Updates
7.10 Radarking Electronics
7.10.1 Radarking Electronics Digital Electricity Meter Corporation Information
7.10.2 Radarking Electronics Digital Electricity Meter Product Portfolio
7.10.3 Radarking Electronics Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Radarking Electronics Main Business and Markets Served
7.10.5 Radarking Electronics Recent Developments/Updates
7.11 Holley Metering
7.11.1 Holley Metering Digital Electricity Meter Corporation Information
7.11.2 Holley Metering Digital Electricity Meter Product Portfolio
7.11.3 Holley Metering Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Holley Metering Main Business and Markets Served
7.11.5 Holley Metering Recent Developments/Updates
7.12 Shanghai JYINS Meters Electrical
7.12.1 Shanghai JYINS Meters Electrical Digital Electricity Meter Corporation Information
7.12.2 Shanghai JYINS Meters Electrical Digital Electricity Meter Product Portfolio
7.12.3 Shanghai JYINS Meters Electrical Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Shanghai JYINS Meters Electrical Main Business and Markets Served
7.12.5 Shanghai JYINS Meters Electrical Recent Developments/Updates
7.13 Newhongbo
7.13.1 Newhongbo Digital Electricity Meter Corporation Information
7.13.2 Newhongbo Digital Electricity Meter Product Portfolio
7.13.3 Newhongbo Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Newhongbo Main Business and Markets Served
7.13.5 Newhongbo Recent Developments/Updates
7.14 Eastron Instruments
7.14.1 Eastron Instruments Digital Electricity Meter Corporation Information
7.14.2 Eastron Instruments Digital Electricity Meter Product Portfolio
7.14.3 Eastron Instruments Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Eastron Instruments Main Business and Markets Served
7.14.5 Eastron Instruments Recent Developments/Updates
7.15 Qianxing Electrical
7.15.1 Qianxing Electrical Digital Electricity Meter Corporation Information
7.15.2 Qianxing Electrical Digital Electricity Meter Product Portfolio
7.15.3 Qianxing Electrical Digital Electricity Meter Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Qianxing Electrical Main Business and Markets Served
7.15.5 Qianxing Electrical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Digital Electricity Meter Industry Chain Analysis
8.2 Digital Electricity Meter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Digital Electricity Meter Production Mode & Process
8.4 Digital Electricity Meter Sales and Marketing
8.4.1 Digital Electricity Meter Sales Channels
8.4.2 Digital Electricity Meter Distributors
8.5 Digital Electricity Meter Customers
9 Digital Electricity Meter Market Dynamics
9.1 Digital Electricity Meter Industry Trends
9.2 Digital Electricity Meter Market Drivers
9.3 Digital Electricity Meter Market Challenges
9.4 Digital Electricity Meter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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