North America Electric Sub-meters Market Size & Outlook

The electric sub-meters market in North America is expected to reach a projected revenue of US$ 7,590.6 million by 2033. A compound annual growth rate of 6.3% is expected of North America electric sub-meters market from 2025 to 2033.
Revenue, 2024 (US$M)
$4,423.3
Forecast, 2033 (US$M)
$7,590.6
CAGR, 2025 - 2033
6.3%
Report Coverage
North America

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

North America electric sub-meters market, 2021-2033 (US$M)

North America electric sub-meters market, 2021-2033 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

North America electric sub-meters market highlights

  • The North America electric sub-meters market generated a revenue of USD 4,423.3 million in 2024.
  • The market is expected to grow at a CAGR of 6.3% from 2025 to 2033.
  • In terms of segment, single phase was the largest revenue generating phase in 2024.
  • Single Phase is the most lucrative phase segment registering the fastest growth during the forecast period.


North America data book summary

Market revenue in 2024USD 4,423.3 million
Market revenue in 2033USD 7,590.6 million
Growth rate6.3% (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, North America region accounted for 31.0% of the global electric sub-meters market in 2024.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 6,726.7 million by 2033.

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

North America 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 104.99% in 2024. Horizon Databook has segmented the North America electric sub-meters market based on single phase covering the revenue growth of each sub-segment from 2021 to 2033.


Reasons to subscribe to North America 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 North America 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 continent-level data and insights on the North America electric sub-meters market , including forecasts for subscribers. This continent databook contains high-level insights into North America electric sub-meters market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

North America Electric Sub-meters Market Outlook Share, 2024 & 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