Advanced power meter is a high-precision electronic device used to measure and analyze various parameters of electrical power in real-time. These meters are capable of measuring a wide range of electrical parameters, including voltage, current, frequency, power factor, and energy consumption. They are typically used in industrial and commercial settings to monitor and optimize energy usage, identify power quality issues, and improve the efficiency of electrical systems.
The global market for Advanced Power Meter was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
Advanced Power Meters have gained significant traction in recent years due to the growing emphasis on energy efficiency, smart grid technologies, and the need for accurate and real-time energy consumption data. The global advanced power meter market has been experiencing steady growth due to increasing awareness about energy conservation, rising adoption of smart grid infrastructure, and regulatory initiatives promoting energy efficiency. The market size is expected to expand as more industries, commercial buildings, and households adopt advanced power meters to monitor and manage their energy consumption. The adoption of advanced power meters varies across regions, influenced by factors such as government regulations, energy policies, infrastructure development, and industrial growth. Developed regions like North America and Europe have been early adopters due to their emphasis on energy efficiency and smart grid deployment. Emerging economies in Asia-Pacific and Latin America are witnessing increasing adoption due to rapid industrialization and urbanization. The advanced power meter market is expected to continue its growth trajectory as more industries and consumers recognize the benefits of accurate energy data and real-time monitoring. Advancements in IoT technology, data analytics, and smart grid infrastructure will further drive the adoption of these meters. Additionally, the increasing focus on sustainable practices and energy efficiency will contribute to the market's expansion.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Advanced Power Meter, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Advanced Power Meter by region & country, by Type, and by Application.
The Advanced Power Meter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Advanced Power Meter.
Market Segmentation
By Company
Schneider Electric
ABB
Siemens
Fluke Corporation
Yokogawa Electric
GE
Veris Industries
Accuenergy
Emerson
Hoyt Electrical Instrument Works
Socomec
Acrel Electric
Segment by Type:
Single-phase Power Meter
Three-phase Power Meter
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Advanced Power Meter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Advanced Power Meter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Advanced Power Meter in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Advanced Power Meter Product Introduction
1.2 Global Advanced Power Meter Market Size Forecast
1.2.1 Global Advanced Power Meter Sales Value (2019-2030)
1.2.2 Global Advanced Power Meter Sales Volume (2019-2030)
1.2.3 Global Advanced Power Meter Sales Price (2019-2030)
1.3 Advanced Power Meter Market Trends & Drivers
1.3.1 Advanced Power Meter Industry Trends
1.3.2 Advanced Power Meter Market Drivers & Opportunity
1.3.3 Advanced Power Meter Market Challenges
1.3.4 Advanced Power Meter Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Advanced Power Meter Players Revenue Ranking (2023)
2.2 Global Advanced Power Meter Revenue by Company (2019-2024)
2.3 Global Advanced Power Meter Players Sales Volume Ranking (2023)
2.4 Global Advanced Power Meter Sales Volume by Company Players (2019-2024)
2.5 Global Advanced Power Meter Average Price by Company (2019-2024)
2.6 Key Manufacturers Advanced Power Meter Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Advanced Power Meter Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Advanced Power Meter
2.9 Advanced Power Meter Market Competitive Analysis
2.9.1 Advanced Power Meter Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Advanced Power Meter Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Advanced Power Meter as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Single-phase Power Meter
3.1.2 Three-phase Power Meter
3.2 Global Advanced Power Meter Sales Value by Type
3.2.1 Global Advanced Power Meter Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Advanced Power Meter Sales Value, by Type (2019-2030)
3.2.3 Global Advanced Power Meter Sales Value, by Type (%) (2019-2030)
3.3 Global Advanced Power Meter Sales Volume by Type
3.3.1 Global Advanced Power Meter Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Advanced Power Meter Sales Volume, by Type (2019-2030)
3.3.3 Global Advanced Power Meter Sales Volume, by Type (%) (2019-2030)
3.4 Global Advanced Power Meter Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Advanced Power Meter Sales Value by Application
4.2.1 Global Advanced Power Meter Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Advanced Power Meter Sales Value, by Application (2019-2030)
4.2.3 Global Advanced Power Meter Sales Value, by Application (%) (2019-2030)
4.3 Global Advanced Power Meter Sales Volume by Application
4.3.1 Global Advanced Power Meter Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Advanced Power Meter Sales Volume, by Application (2019-2030)
4.3.3 Global Advanced Power Meter Sales Volume, by Application (%) (2019-2030)
4.4 Global Advanced Power Meter Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Advanced Power Meter Sales Value by Region
5.1.1 Global Advanced Power Meter Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Advanced Power Meter Sales Value by Region (2019-2024)
5.1.3 Global Advanced Power Meter Sales Value by Region (2025-2030)
5.1.4 Global Advanced Power Meter Sales Value by Region (%), (2019-2030)
5.2 Global Advanced Power Meter Sales Volume by Region
5.2.1 Global Advanced Power Meter Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Advanced Power Meter Sales Volume by Region (2019-2024)
5.2.3 Global Advanced Power Meter Sales Volume by Region (2025-2030)
5.2.4 Global Advanced Power Meter Sales Volume by Region (%), (2019-2030)
5.3 Global Advanced Power Meter Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Advanced Power Meter Sales Value, 2019-2030
5.4.2 North America Advanced Power Meter Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Advanced Power Meter Sales Value, 2019-2030
5.5.2 Europe Advanced Power Meter Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Advanced Power Meter Sales Value, 2019-2030
5.6.2 Asia Pacific Advanced Power Meter Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Advanced Power Meter Sales Value, 2019-2030
5.7.2 South America Advanced Power Meter Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Advanced Power Meter Sales Value, 2019-2030
5.8.2 Middle East & Africa Advanced Power Meter Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Advanced Power Meter Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Advanced Power Meter Sales Value
6.2.1 Key Countries/Regions Advanced Power Meter Sales Value, 2019-2030
6.2.2 Key Countries/Regions Advanced Power Meter Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Advanced Power Meter Sales Value, 2019-2030
6.3.2 United States Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Advanced Power Meter Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Advanced Power Meter Sales Value, 2019-2030
6.4.2 Europe Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Advanced Power Meter Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Advanced Power Meter Sales Value, 2019-2030
6.5.2 China Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.5.3 China Advanced Power Meter Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Advanced Power Meter Sales Value, 2019-2030
6.6.2 Japan Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Advanced Power Meter Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Advanced Power Meter Sales Value, 2019-2030
6.7.2 South Korea Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Advanced Power Meter Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Advanced Power Meter Sales Value, 2019-2030
6.8.2 Southeast Asia Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Advanced Power Meter Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Advanced Power Meter Sales Value, 2019-2030
6.9.2 India Advanced Power Meter Sales Value by Type (%), 2023 VS 2030
6.9.3 India Advanced Power Meter Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Schneider Electric
7.1.1 Schneider Electric Company Information
7.1.2 Schneider Electric Introduction and Business Overview
7.1.3 Schneider Electric Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Schneider Electric Advanced Power Meter Product Offerings
7.1.5 Schneider Electric Recent Development
7.2 ABB
7.2.1 ABB Company Information
7.2.2 ABB Introduction and Business Overview
7.2.3 ABB Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.2.4 ABB Advanced Power Meter Product Offerings
7.2.5 ABB Recent Development
7.3 Siemens
7.3.1 Siemens Company Information
7.3.2 Siemens Introduction and Business Overview
7.3.3 Siemens Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Siemens Advanced Power Meter Product Offerings
7.3.5 Siemens Recent Development
7.4 Fluke Corporation
7.4.1 Fluke Corporation Company Information
7.4.2 Fluke Corporation Introduction and Business Overview
7.4.3 Fluke Corporation Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Fluke Corporation Advanced Power Meter Product Offerings
7.4.5 Fluke Corporation Recent Development
7.5 Yokogawa Electric
7.5.1 Yokogawa Electric Company Information
7.5.2 Yokogawa Electric Introduction and Business Overview
7.5.3 Yokogawa Electric Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Yokogawa Electric Advanced Power Meter Product Offerings
7.5.5 Yokogawa Electric Recent Development
7.6 GE
7.6.1 GE Company Information
7.6.2 GE Introduction and Business Overview
7.6.3 GE Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.6.4 GE Advanced Power Meter Product Offerings
7.6.5 GE Recent Development
7.7 Veris Industries
7.7.1 Veris Industries Company Information
7.7.2 Veris Industries Introduction and Business Overview
7.7.3 Veris Industries Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Veris Industries Advanced Power Meter Product Offerings
7.7.5 Veris Industries Recent Development
7.8 Accuenergy
7.8.1 Accuenergy Company Information
7.8.2 Accuenergy Introduction and Business Overview
7.8.3 Accuenergy Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Accuenergy Advanced Power Meter Product Offerings
7.8.5 Accuenergy Recent Development
7.9 Emerson
7.9.1 Emerson Company Information
7.9.2 Emerson Introduction and Business Overview
7.9.3 Emerson Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Emerson Advanced Power Meter Product Offerings
7.9.5 Emerson Recent Development
7.10 Hoyt Electrical Instrument Works
7.10.1 Hoyt Electrical Instrument Works Company Information
7.10.2 Hoyt Electrical Instrument Works Introduction and Business Overview
7.10.3 Hoyt Electrical Instrument Works Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Hoyt Electrical Instrument Works Advanced Power Meter Product Offerings
7.10.5 Hoyt Electrical Instrument Works Recent Development
7.11 Socomec
7.11.1 Socomec Company Information
7.11.2 Socomec Introduction and Business Overview
7.11.3 Socomec Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Socomec Advanced Power Meter Product Offerings
7.11.5 Socomec Recent Development
7.12 Acrel Electric
7.12.1 Acrel Electric Company Information
7.12.2 Acrel Electric Introduction and Business Overview
7.12.3 Acrel Electric Advanced Power Meter Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Acrel Electric Advanced Power Meter Product Offerings
7.12.5 Acrel Electric Recent Development
8 Industry Chain Analysis
8.1 Advanced Power Meter Industrial Chain
8.2 Advanced Power Meter Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Advanced Power Meter Sales Model
8.5.2 Sales Channel
8.5.3 Advanced Power Meter Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Schneider Electric
ABB
Siemens
Fluke Corporation
Yokogawa Electric
GE
Veris Industries
Accuenergy
Emerson
Hoyt Electrical Instrument Works
Socomec
Acrel Electric
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*If Applicable.