전력 회로 미터 시장 : 시장 기회, 성장 요인, 업계 동향 분석 및 예측(2025-2034년)

The Global Power Circuit Meter Market was valued at USD 4.6 billion in 2024 and is estimated to grow at a CAGR of 10.8% to reach USD 12.6 billion by 2034.

The market's rapid expansion is driven by strict environmental regulations, increasing focus on energy efficiency, and growing efforts to strengthen grid reliability. Utility providers are progressively investing in advanced metering systems that optimize power distribution, support sustainable operations, and safeguard infrastructure reliability. These next-generation metering solutions align with global sustainability targets while improving operational efficiency and minimizing energy losses, thereby boosting the overall growth potential of the power circuit meter industry. Power circuit meters serve as precision devices that measure, monitor, and control the flow of electrical power across multiple applications. Their role in enhancing grid stability, identifying irregularities, and ensuring efficient energy consumption has made them indispensable for modern energy management systems. The ongoing digital transformation of power networks is also fueling demand for high-accuracy metering solutions that can capture granular data and facilitate real-time communication between connected grid components. By enabling predictive maintenance, fault detection, and load balancing, these instruments are helping utilities build smarter, more resilient, and more efficient energy systems, strengthening global market momentum.

The smart meter segment held a 65% share in 2024 and is expected to grow at a CAGR of 10.5% through 2034. Smart meters form the foundation of intelligent grid infrastructures and modern energy management systems. They enable utilities and users to precisely track, manage, and optimize electricity consumption while supporting real-time communication for predictive maintenance and energy-saving initiatives in both residential and commercial applications.

The industrial segment held a 40.6% share in 2024 and is forecasted to reach USD 5 billion by 2034. Industrial operations require high accuracy, reliability, and real-time power management, making power circuit meters vital to maintaining a consistent energy supply and safety. Facilities engaged in large-scale production, heavy equipment operation, or energy-intensive processes rely on these meters to track power quality, manage load balance, and prevent system failures. Their importance in industrial automation and process optimization continues to accelerate market demand, particularly as industries prioritize digitalization and sustainability.

United States Power Circuit Meter Market held a 65% share in 2024. The demand for high-density multi-circuit metering solutions is rising sharply as industrial sites and large infrastructure projects seek advanced tools to monitor complex electrical networks. Expanding renewable energy installations and modern grid developments are further amplifying the need for scalable, accurate metering technologies capable of supporting continuous performance monitoring and efficient power utilization.

Key participants in the Global Power Circuit Meter Market include ABB, Siemens, Schneider Electric, Eaton, Rockwell Automation, Honeywell International, GE Vernova, Emerson Electric, Fluke Corporation, Mitsubishi Electric, Leviton Manufacturing, Landis+Gyr, Socomec, Phoenix Contact, DENT, Itron, Megger, SATEC GROUP, Elspec, Janitza Electronics, Accuenergy, Acrel, Blue Jay Technology, Camille Bauer Metrawatt, Delta Electronics, DUCAB, Electro Industries Gauge Tech, Eastron Electronic, Powerside, Schweitzer Engineering Laboratories, MicroDAQ, Packet Power, Manutech Europe, SENVA, UniSource Energy Services, JIANGSU ELECNOVA ELECTRIC, Jiangsu Sfere Electric, and Yokogawa Electric Corporation. Leading companies in the Power Circuit Meter Market are focusing on innovation, capacity expansion, and strategic partnerships to strengthen their competitive edge. Many are developing advanced digital metering systems that integrate communication protocols, real-time analytics, and AI-based diagnostics to improve energy efficiency and system visibility. Firms are also prioritizing smart grid integration, ensuring compatibility with IoT and cloud-based energy management platforms.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Market estimates & forecast parameters
• 1.3 Forecast model
  • 1.3.1 Key trends for market estimates
  • 1.3.2 Quantified market impact analysis
    • 1.3.2.1 Mathematical impact of growth parameters on forecast
  • 1.3.3 Scenario analysis framework
• 1.4 Primary research and validation
  • 1.4.1 Some of the primary sources (but not limited to)
• 1.5 Data mining sources
  • 1.5.1 Paid Sources
  • 1.5.2 Sources, by region
• 1.6 Research trail & scoring components
  • 1.6.1 Research trail components
  • 1.6.2 Scoring components
• 1.7 Research transparency addendum
  • 1.7.1 Source attribution framework
  • 1.7.2 Quality assurance metrics
  • 1.7.3 Our commitment to trust
• 1.8 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021 - 2034
  • 2.1.1 Business trends
  • 2.1.2 Product trends
  • 2.1.3 Technology trends
  • 2.1.4 Connectivity trends
  • 2.1.5 Installation trends
  • 2.1.6 Application trends
  • 2.1.7 Density trends
  • 2.1.8 Regional trends

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Raw material availability & sourcing analysis
  • 3.1.2 Manufacturing capacity assessment
  • 3.1.3 Supply chain resilience & risk factors
  • 3.1.4 Distribution network analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Porter's analysis
  • 3.5.1 Bargaining power of suppliers
  • 3.5.2 Bargaining power of buyers
  • 3.5.3 Threat of new entrants
  • 3.5.4 Threat of substitutes
• 3.6 PESTEL analysis
  • 3.6.1 Political factors
  • 3.6.2 Economic factors
  • 3.6.3 Social factors
  • 3.6.4 Technological factors
  • 3.6.5 Legal factors
  • 3.6.6 Environmental factors
• 3.7 Cost structure analysis of power circuit meter
• 3.8 Price trend analysis (USD/Unit)
  • 3.8.1 By region
  • 3.8.2 By product
• 3.9 Emerging opportunities & trends
  • 3.9.1 5G & advanced connectivity deployment
  • 3.9.2 Smart city infrastructure development
  • 3.9.3 Electric vehicle charging infrastructure
• 3.10 IoT & digital transformation implementation trends
• 3.11 Investment analysis & future outlook
• 3.12 Power quality monitoring & analysis capabilities

Chapter 4 Competitive Landscape, 2025

• 4.1 Introduction
• 4.2 Company market share analysis, by region, 2024
  • 4.2.1 North America
  • 4.2.2 Europe
  • 4.2.3 Asia Pacific
  • 4.2.4 Middle East & Africa
  • 4.2.5 Latin America
• 4.3 Strategic dashboard
• 4.4 Strategic initiatives
  • 4.4.1 Key partnerships & collaborations
  • 4.4.2 Major M&A activities
  • 4.4.3 Product innovations & launches
  • 4.4.4 Market expansion strategies
• 4.5 Competitive benchmarking
• 4.6 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Product, 2021 - 2034 (USD Million & '000 Units)

• 5.1 Key trends
• 5.2 Single circuit meters
• 5.3 Multi circuit meters
  • 5.3.1 AC
  • 5.3.2 DC
  • 5.3.3 Hybrid

Chapter 6 Market Size and Forecast, By Technology, 2021 - 2034 (USD Million & '000 Units)

• 6.1 Key trends
• 6.2 Analog meters
• 6.3 Digital meters
• 6.4 Smart meters

Chapter 7 Market Size and Forecast, By Connectivity, 2021 - 2034 (USD Million & '000 Units)

• 7.1 Key trends
• 7.2 Wired
• 7.3 Wireless

Chapter 8 Market Size and Forecast, By Installation, 2021 - 2034 (USD Million & '000 Units)

• 8.1 Key trends
• 8.2 Indoor
• 8.3 Outdoor

Chapter 9 Market Size and Forecast, By Application, 2021 - 2034 (USD Million & '000 Units)

• 9.1 Key trends
• 9.2 Residential
• 9.3 Commercial
  • 9.3.1 Data centers
  • 9.3.2 Offices
  • 9.3.3 Retail & shopping centers
  • 9.3.4 Hospitality
  • 9.3.5 Educational institutions
  • 9.3.6 Healthcare facilities
  • 9.3.7 Others
• 9.4 Industrial
  • 9.4.1 Automotive
  • 9.4.2 Process plants
  • 9.4.3 Food & beverage
  • 9.4.4 Chemical
  • 9.4.5 Metals & mining
  • 9.4.6 Pulp & paper
  • 9.4.7 Others
• 9.5 Utility

Chapter 10 Market Size and Forecast, By Density, 2021 - 2034 (USD Million & '000 Units)

• 10.1 Key trends
• 10.2 Low density (2-16 circuits)
• 10.3 Medium density (17-48 circuits)
• 10.4 High density (49 & above circuits)

Chapter 11 Market Size and Forecast, By Region, 2021 - 2034 (USD Million & '000 Units)

• 11.1 Key trends
• 11.2 North America
  • 11.2.1 U.S.
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 France
  • 11.3.3 Russia
  • 11.3.4 UK
  • 11.3.5 Italy
  • 11.3.6 Spain
  • 11.3.7 Netherlands
  • 11.3.8 Austria
• 11.4 Asia Pacific
  • 11.4.1 China
  • 11.4.2 Japan
  • 11.4.3 South Korea
  • 11.4.4 India
  • 11.4.5 Australia
  • 11.4.6 New Zealand
  • 11.4.7 Malaysia
  • 11.4.8 Indonesia
• 11.5 Middle East & Africa
  • 11.5.1 Saudi Arabia
  • 11.5.2 UAE
  • 11.5.3 Qatar
  • 11.5.4 Egypt
  • 11.5.5 South Africa
  • 11.5.6 Nigeria
• 11.6 Latin America
  • 11.6.1 Brazil
  • 11.6.2 Argentina

Chapter 12 Company Profiles

• 12.1 ABB
• 12.2 Accuenergy Inc.
• 12.3 Acrel Co., Ltd.
• 12.4 Blue Jay Technology Co. Ltd.
• 12.5 Camille Bauer Metrawatt
• 12.6 Continental Control Systems, LLC
• 12.7 Delta Electronics, Inc.
• 12.8 DENT, Inc.
• 12.9 Dranetz Technologies
• 12.10 Ducab
• 12.11 Eastron Electronic Co., Ltd.
• 12.12 Eaton
• 12.13 Electro Industries Gauge Tech
• 12.14 Elspec
• 12.15 Emerson Electric
• 12.16 Fluke Corporation
• 12.17 GE Vernova
• 12.18 Honeywell International
• 12.19 Itron
• 12.20 Janitza Electronics GmbH
• 12.21 JIANGSU ELECNOVA ELECTRIC CO., LTD.
• 12.22 Jiangsu Sfere Electric Co., Ltd.
• 12.23 Landis+Gyr
• 12.24 Leviton Manufacturing Co., Inc.
• 12.25 Manutech Europe Ltd.
• 12.26 Megger
• 12.27 MicroDAQ, LLC
• 12.28 Mitsubishi Electric
• 12.29 Packet Power
• 12.30 Phoenix Contact
• 12.31 Powerside
• 12.32 Rockwell Automation
• 12.33 SATEC GROUP
• 12.34 Schneider Electric
• 12.35 Schweitzer Engineering Laboratories, Inc.
• 12.36 SENVA
• 12.37 Siemens
• 12.38 Socomec
• 12.39 UniSource Energy Services
• 12.40 Yokogawa Electric Corporation