United States Single Phase Power Meter Market was valued at USD 0.85 Billion in 2022 and is projected to reach USD 1.25 Billion by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
Start
The Us Single Phase Power Meter Market Has Seen Substantial Growth In Recent Years, Driven By Rising Demands Across Residential, Commercial, And Industrial Sectors. These Devices Are Essential For Accurately Measuring And Managing Energy Consumption In Single-Phase Electrical Systems, Typically Found In Homes And Small Businesses. With Increased Adoption Of Energy-Efficient Technologies, The Need For Precise Energy Management Solutions Has Escalated, Creating A Dynamic Market Landscape.
Single-Phase Power Meters Are Required In Industries To Monitor Electricity Usage, Ensuring That Energy Consumption Aligns With Cost-Efficient Practices. This Market Is Seeing Growing Interest As Businesses Strive To Minimize Energy Waste, Reduce Operational Costs, And Comply With Stringent Environmental Regulations. Industries Such As Manufacturing, Retail, Healthcare, And Even Tech Are Increasingly Adopting These Meters To Enhance Their Energy Auditing Processes, Contributing To Sustainability Efforts.
One Major Trend Observed In The Market Is The Increasing Integration Of Smart Meters. These Devices Offer Remote Monitoring Capabilities, Real-Time Data Collection, And Advanced Analytics. They Provide Businesses With Valuable Insights Into Energy Consumption Patterns, Enabling Proactive Measures To Optimize Energy Use. In Fact, The Smart Single-Phase Power Meter Segment Is Expected To See Robust Growth Due To Their Ability To Connect With Iot Platforms, Enabling Smarter Energy Management Practices.
Industries Like Manufacturing Rely Heavily On Energy Usage And Need To Monitor It Closely For Cost-Efficiency. Power Meters Are Integral In Providing Accurate Data On Electricity Consumption, Helping These Industries Minimize Energy Wastage And Enhance Their Production Efficiency. On The Other Hand, The Rise Of Renewable Energy Sources Has Also Impacted The Us Single Phase Power Meter Market. As Businesses Shift Towards Green Energy, Power Meters Are Being Utilized To Track The Energy Generated And Consumed From Renewable Sources Like Solar Or Wind.
Moreover, The Rise Of Smart Cities Has Spurred Demand For Power Meters With Advanced Features That Integrate Into Wider Energy Management Systems. These Systems Allow For Optimized Load Distribution, Grid Stability, And Greater Energy Security. Industries Are Increasingly Adopting Solutions That Align With These Smart City Initiatives, Driving Further Growth In The Market.
The Us Single Phase Power Meter Market Is Also Experiencing A Wave Of Technological Innovations, With Manufacturers Focusing On Developing More Accurate, Durable, And Cost-Effective Meters. With The Growth Of Industries That Require Energy Consumption Data For Sustainability And Operational Efficiency, The Market Is Expected To Expand Significantly In The Coming Years.
Get an In-Depth Research Analysis of the US Single Phase Power Meter Market Size And Forecast [2025-2032]
Schneider Electric
PCE Deutschland GmbH
Panasonic
CHINT Group
Mitsubishi Electric
Contrel Elettronica
Renesas Electronics Corporation
Algodue
TE Connectivity
Blue Jay Technology
Capetti Elettronica
Saia Burgess Controls
SENECA
Socomec
TELE Haase Steuergeräte
CIRCUTOR
GMC-I Messtechnik
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the US Single Phase Power Meter Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the US Single Phase Power Meter Market
Digital Single Phase Power Meters
Analog Single Phase Power Meters
Residential
Commercial
Industrial
Wireless Communication Enabled Meters
Wired Communication Enabled Meters
Low Voltage Single Phase Power Meters (up to 240V)
Medium Voltage Single Phase Power Meters (241V to 600V)
Utility Companies
Manufacturing Facilities
Commercial Establishments
Domestic Users
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Single Phase Power Meter Market Research Analysis
1. Introduction of the US Single Phase Power Meter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Single Phase Power Meter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Single Phase Power Meter Market, By Type
6. US Single Phase Power Meter Market, By Application
7. US Single Phase Power Meter Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Single Phase Power Meter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading US Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/