Japan Electric Submeters Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The Japan Electric Submeters Market is experiencing a steady rise as industries seek more efficient ways to monitor and manage their energy consumption. With the increasing emphasis on sustainability and energy efficiency, the demand for electric submeters is growing across various sectors. Electric submeters are devices used to measure electricity consumption at a more granular level, allowing for better energy management and cost allocation. These devices are widely utilized in residential, commercial, and industrial environments to track power usage and promote energy conservation.
The key drivers of this market include the increasing need for energy efficiency, rising electricity costs, and the government’s push for environmental sustainability. As Japan continues to focus on reducing its carbon footprint, the demand for solutions like electric submeters is expected to grow. The adoption of smart technologies and the development of IoT-enabled submeters also play a crucial role in shaping the future of the electric submetters market in Japan.
Industries such as manufacturing, hospitality, and commercial real estate are the primary consumers of electric submeters. These sectors require accurate monitoring of energy consumption to reduce operational costs and ensure compliance with environmental regulations. For instance, in large apartment buildings or office complexes, electric submeters are essential for allocating electricity usage to individual tenants or units, preventing disputes, and promoting fair energy distribution.
The need for electric submeters is also prevalent in the manufacturing sector, where energy consumption directly impacts operational efficiency and cost management. By using submeters, manufacturers can identify energy waste, optimize production processes, and implement energy-saving measures. In hospitality, submeters help hotel operators track energy usage across various departments, ensuring that energy costs are properly allocated and controlled.
As the Electric Submeters Market continues to expand, key industry players are focusing on providing innovative, user-friendly solutions that meet the specific needs of different sectors. With the integration of advanced features such as wireless communication, remote monitoring, and real-time data analytics, these submeters offer greater control over energy consumption. Furthermore, the growing demand for smart buildings and sustainable energy solutions is expected to drive the future growth of the electric submetters market in Japan.
Get an In-Depth Research Analysis of the Japan Electric Submeters Market Size And Forecast [2025-2032]
Emon
Leviton
Schneider Electric
Honeywell(Elster Group)
Landis&Gyr
Itron
GE Digital Energy
Siemens
Kamstrup
Xylem Inc
Itron
ABB
Aclara
Nuri Telecom
Sagemcom
Trilliant
Iskraemeco
Echelon
Tantalus Systems
ZIV
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 Japan Electric Submeters Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Japan Electric Submeters Market
Smart Submeters
Analog Submeters
Multi-utility Submeters
Wireless Submeters
Residential Buildings
Commercial Buildings
Industrial Facilities
Data Centers
AMR (Automatic Meter Reading)
AMI (Advanced Metering Infrastructure)
Metering via IoT (Internet of Things)
RFID (Radio Frequency Identification)
Utility Providers
Property Managers
Manufacturers and Processors
Retail and Hospitality
Wired Communication (Ethernet, RS-485)
Wireless Communication (Zigbee, LoRaWAN)
Cellular Communication (GSM, LTE)
Power Line Communication (PLC)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ Japan Electric Submeters Market Research Analysis
1. Introduction of the Japan Electric Submeters 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. Japan Electric Submeters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Electric Submeters Market, By Type
6. Japan Electric Submeters Market, By Application
7. Japan Electric Submeters Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Electric Submeters 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 Research and Consulting firm servicing over 5000+ 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/