Global Electric Sub-meters Market Size & Outlook, 2025-2033

The global electric sub-meters market size was estimated at USD 14,262.5 million in 2024 and is projected to reach USD 24,920.2 million by 2033, growing at a CAGR of 6.5% from 2025 to 2033.
Revenue, 2024 (US$M)
$14,262.5
Forecast, 2033 (US$M)
$24,920.2
CAGR, 2025 - 2033
6.5%
Report Coverage
Worldwide

Global electric sub-meters market highlights

  • The global electric sub-meters market generated a revenue of USD 14,262.5 million in 2024 and is expected to reach USD 24,920.2 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 6.5% by 2033.
  • In terms of segment, single phase accounted for a revenue of USD 15,004.2 million in 2024.
  • Single Phase is the most lucrative phase segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 14,262.5 million
Market revenue in 2033USD 24,920.2 million
Growth rate6.5% (CAGR from 2025 to 2033)
Largest segmentSingle phase
Fastest growing segmentSingle Phase
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSingle Phase

Other key industry trends

  • In terms of revenue, the North America accounted for 31.0% of the global electric sub-meters market in 2024.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Electric Sub-meters Market Scope

Electric sub-meters market segmentation & scope
Single Phase
Three Phase
Connectivity
Wired
Wireless
Type
Electronic Sub-Meters
Smart Sub-Meters
Digital Sub-Meters
Analog/Conventional Sub-Meters
Others
End Use
Industrial
Commercial
Residential
Others

Electric Sub-meters Market Companies

Name Profile # Employees HQ Website
General Electric Company View profile - - -
Landis+Gyr View profile 5001-10000 Zug, Zug, Switzerland, Europe https://www.landisgyr.com/
Honeywell International Inc. View profile - - -
Eaton View profile 51-100 London, England, United Kingdom, Europe http://eatontowers.com/
Itron Inc View profile 5859 2111 North Molter Road, Liberty Lake, WA, United States, 99019 https://www.itron.com
Leviton Manufacturing View profile 10001+ Melville, New York, United States, North America https://www.leviton.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com
Schneider Electric SE View profile 162339 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 https://www.se.com

Global electric sub-meters market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric sub-meters market will help companies and investors design strategic landscapes.


Single phase was the largest segment with a revenue share of 105.2% in 2024. Horizon Databook has segmented the Global electric sub-meters market based on single phase covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Electric Sub-meters Phase Outlook (Revenue, USD Million, 2021-2033)
    • Single Phase
    • Three Phase
  • Global Electric Sub-meters Connectivity Outlook (Revenue, USD Million, 2021-2033)
    • Wired
    • Wireless
  • Global Electric Sub-meters Type Outlook (Revenue, USD Million, 2021-2033)
    • Electronic Sub-Meters
    • Smart Sub-Meters
    • Digital Sub-Meters
    • Analog/Conventional Sub-Meters
    • Others
  • Global Electric Sub-meters End Use Outlook (Revenue, USD Million, 2021-2033)
    • Industrial
    • Commercial
    • Residential
    • Others

Reasons to subscribe to Global electric sub-meters market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global electric sub-meters market databook

  • Our clientele includes a mix of electric sub-meters market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global electric sub-meters market , including forecasts for subscribers. This global databook contains high-level insights into Global electric sub-meters market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global electric sub-meters market size, by regions, 2021-2033 (US$M)

Top 10 countries: Electric sub-meters market size, 2024 (US$M)

Global electric sub-meters market share, by phase, 2024 & 2033 (%, US$M)

Electric sub-meters market: Opportunity assessment by country

Global electric sub-meters market, by region, 2024 (US$M)

Global electric sub-meters market size, by regions, 2021-2033 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online