Industry: Machinery & Equipment
Published Date: 2026-01-16
Pages: 113 Pages
Report ld: 5692242
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Electric Meter Market Size(US$)

CAGR 2026-2032
5.2%
Market Size,2032
USD 15,440
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Electric Meter market was valued at US$ 10900 million in 2025 and is anticipated to reach US$ 15440 million by 2032, at a CAGR of 5.2% from 2026 to 2032.
Electric meters, also known as electricity meters, are devices used to measure the amount of electric energy consumed by a residence, business, or an electrically powered device. They play a crucial role in the billing process for electric utilities, providing the data needed to charge customers for their electricity usage. Over the years, electric meter technology has evolved significantly, from mechanical designs to sophisticated smart meters that offer a wide range of functionalities beyond simple energy measurement.
The North American market for Electric Meter is projected to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.
The Asia-Pacific market for Electric Meter is projected to rise from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.
The global market for Electric Meter in Industrial is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 to 2032.
Major global companies of Electric Meter include Landis+Gyr (Toshiba Corporation), Itron, Honeywell, Aclara, Microchip Technology, Iskraemeco, Wasion Group, Schneider Electric, Jiangsu Linyang, Siemens, etc. In 2025, the world's top three vendors accounted for approximately % of revenue.
This report delivers a comprehensive overview of the global Electric Meter market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Electric Meter. The Electric Meter market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Electric Meter market comprehensively. Regional market sizes by Type, by Application, , and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Electric Meter manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Electric Meter companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electric Meter Market Size Growth Rate by Type: 2021 vs 2025 vs 2032
1.2.2 Electromechanical Meter
1.2.3 Electronic Meter
1.2.4 Others
1.3 Market by Application
1.3.1 Global Electric Meter Market Growth by Application: 2021 vs 2025 vs 2032
1.3.2 Industrial
1.3.3 Commercial
1.3.4 Residential
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electric Meter Market Perspective (2021–2032)
2.2 Global Electric Meter Growth Trends by Region
2.2.1 Global Electric Meter Market Size by Region: 2021 vs 2025 vs 2032
2.2.2 Electric Meter Historic Market Size by Region (2021–2026)
2.2.3 Electric Meter Forecasted Market Size by Region (2027–2032)
2.3 Electric Meter Market Dynamics
2.3.1 Electric Meter Industry Trends
2.3.2 Electric Meter Market Drivers
2.3.3 Electric Meter Market Challenges
2.3.4 Electric Meter Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electric Meter Players by Revenue
3.1.1 Global Top Electric Meter Players by Revenue (2021–2026)
3.1.2 Global Electric Meter Revenue Market Share by Players (2021–2026)
3.2 Global Top Electric Meter Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
3.3 Global Key Players Ranking by Electric Meter Revenue
3.4 Global Electric Meter Market Concentration Ratio
3.4.1 Global Electric Meter Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electric Meter Revenue in 2025
3.5 Global Key Players of Electric Meter Head Offices and Areas Served
3.6 Global Key Players of Electric Meter, Products and Applications
3.7 Global Key Players of Electric Meter, Date of General Availability (GA)
3.8 Mergers and Acquisitions, Expansion Plans
4 Electric Meter Breakdown Data by Type
4.1 Global Electric Meter Historic Market Size by Type (2021–2026)
4.2 Global Electric Meter Forecasted Market Size by Type (2027–2032)
5 Electric Meter Breakdown Data by Application
5.1 Global Electric Meter Historic Market Size by Application (2021–2026)
5.2 Global Electric Meter Forecasted Market Size by Application (2027–2032)
6 North America
6.1 North America Electric Meter Market Size (2021–2032)
6.2 North America Electric Meter Market Growth Rate by Country: 2021 vs 2025 vs 2032
6.3 North America Electric Meter Market Size by Country (2021–2026)
6.4 North America Electric Meter Market Size by Country (2027–2032)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electric Meter Market Size (2021–2032)
7.2 Europe Electric Meter Market Growth Rate by Country: 2021 vs 2025 vs 2032
7.3 Europe Electric Meter Market Size by Country (2021–2026)
7.4 Europe Electric Meter Market Size by Country (2027–2032)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Electric Meter Market Size (2021–2032)
8.2 Asia-Pacific Electric Meter Market Growth Rate by Region: 2021 vs 2025 vs 2032
8.3 Asia-Pacific Electric Meter Market Size by Region (2021–2026)
8.4 Asia-Pacific Electric Meter Market Size by Region (2027–2032)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Electric Meter Market Size (2021–2032)
9.2 Latin America Electric Meter Market Growth Rate by Country: 2021 vs 2025 vs 2032
9.3 Latin America Electric Meter Market Size by Country (2021–2026)
9.4 Latin America Electric Meter Market Size by Country (2027–2032)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electric Meter Market Size (2021–2032)
10.2 Middle East & Africa Electric Meter Market Growth Rate by Country: 2021 vs 2025 vs 2032
10.3 Middle East & Africa Electric Meter Market Size by Country (2021–2026)
10.4 Middle East & Africa Electric Meter Market Size by Country (2027–2032)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Landis+Gyr (Toshiba Corporation)
11.1.1 Landis+Gyr (Toshiba Corporation) Company Details
11.1.2 Landis+Gyr (Toshiba Corporation) Business Overview
11.1.3 Landis+Gyr (Toshiba Corporation) Electric Meter Introduction
11.1.4 Landis+Gyr (Toshiba Corporation) Revenue in Electric Meter Business (2021–2026)
11.1.5 Landis+Gyr (Toshiba Corporation) Recent Development
11.2 Itron
11.2.1 Itron Company Details
11.2.2 Itron Business Overview
11.2.3 Itron Electric Meter Introduction
11.2.4 Itron Revenue in Electric Meter Business (2021–2026)
11.2.5 Itron Recent Development
11.3 Honeywell
11.3.1 Honeywell Company Details
11.3.2 Honeywell Business Overview
11.3.3 Honeywell Electric Meter Introduction
11.3.4 Honeywell Revenue in Electric Meter Business (2021–2026)
11.3.5 Honeywell Recent Development
11.4 Aclara
11.4.1 Aclara Company Details
11.4.2 Aclara Business Overview
11.4.3 Aclara Electric Meter Introduction
11.4.4 Aclara Revenue in Electric Meter Business (2021–2026)
11.4.5 Aclara Recent Development
11.5 Microchip Technology
11.5.1 Microchip Technology Company Details
11.5.2 Microchip Technology Business Overview
11.5.3 Microchip Technology Electric Meter Introduction
11.5.4 Microchip Technology Revenue in Electric Meter Business (2021–2026)
11.5.5 Microchip Technology Recent Development
11.6 Iskraemeco
11.6.1 Iskraemeco Company Details
11.6.2 Iskraemeco Business Overview
11.6.3 Iskraemeco Electric Meter Introduction
11.6.4 Iskraemeco Revenue in Electric Meter Business (2021–2026)
11.6.5 Iskraemeco Recent Development
11.7 Wasion Group
11.7.1 Wasion Group Company Details
11.7.2 Wasion Group Business Overview
11.7.3 Wasion Group Electric Meter Introduction
11.7.4 Wasion Group Revenue in Electric Meter Business (2021–2026)
11.7.5 Wasion Group Recent Development
11.8 Schneider Electric
11.8.1 Schneider Electric Company Details
11.8.2 Schneider Electric Business Overview
11.8.3 Schneider Electric Electric Meter Introduction
11.8.4 Schneider Electric Revenue in Electric Meter Business (2021–2026)
11.8.5 Schneider Electric Recent Development
11.9 Jiangsu Linyang
11.9.1 Jiangsu Linyang Company Details
11.9.2 Jiangsu Linyang Business Overview
11.9.3 Jiangsu Linyang Electric Meter Introduction
11.9.4 Jiangsu Linyang Revenue in Electric Meter Business (2021–2026)
11.9.5 Jiangsu Linyang Recent Development
11.10 Siemens
11.10.1 Siemens Company Details
11.10.2 Siemens Business Overview
11.10.3 Siemens Electric Meter Introduction
11.10.4 Siemens Revenue in Electric Meter Business (2021–2026)
11.10.5 Siemens Recent Development
11.11 Genus Power Infrastructure
11.11.1 Genus Power Infrastructure Company Details
11.11.2 Genus Power Infrastructure Business Overview
11.11.3 Genus Power Infrastructure Electric Meter Introduction
11.11.4 Genus Power Infrastructure Revenue in Electric Meter Business (2021–2026)
11.11.5 Genus Power Infrastructure Recent Development
11.12 Networked Energy Services
11.12.1 Networked Energy Services Company Details
11.12.2 Networked Energy Services Business Overview
11.12.3 Networked Energy Services Electric Meter Introduction
11.12.4 Networked Energy Services Revenue in Electric Meter Business (2021–2026)
11.12.5 Networked Energy Services Recent Development
11.13 Holley Metering
11.13.1 Holley Metering Company Details
11.13.2 Holley Metering Business Overview
11.13.3 Holley Metering Electric Meter Introduction
11.13.4 Holley Metering Revenue in Electric Meter Business (2021–2026)
11.13.5 Holley Metering Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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