The electric sub meter market size has grown strongly in recent years. It will grow from $10.48 billion in 2025 to $11.35 billion in 2026 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to urbanization and construction growth, need for accurate tenant billing, rising electricity consumption, expansion of commercial real estate, regulatory push for energy monitoring.
The electric sub meter market size is expected to see strong growth in the next few years. It will grow to $15.66 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growth of smart cities initiatives, increasing focus on energy efficiency, adoption of iot-enabled meters, rising investments in green buildings, expansion of industrial automation. Major trends in the forecast period include rising adoption of smart and digital sub-meters, growing demand for energy consumption transparency, expansion of smart building and infrastructure projects, increasing use in multi-tenant residential and commercial properties, shift toward wireless and remote metering solutions.
The rising adoption of renewable energy sources is poised to drive future growth in the electric sub-meter market. Renewable energy encompasses naturally regenerating sources like solar, wind, and geothermal power, providing eco-friendly and sustainable options over fossil fuels. Its uptake is surging thanks to environmental advantages, such as reduced greenhouse gas emissions and efforts to combat climate change. Electric sub-meters facilitate renewable energy integration by offering accurate tracking of energy generation, usage, and distribution in solar, wind, and hydroelectric setups. For example, in February 2024, the World Resources Institute (WRI), a US-based non-profit, reported that the United States added 31 gigawatts (GW) of new solar capacity in 2023 - a 55% jump from 2022 levels, marking a national record. Thus, the growing use of renewable energy sources is fueling expansion in the electric sub-meter market.
Major companies in the electric submeter market are prioritizing the creation of cutting-edge solutions like smart, connected, and modular meters to improve energy monitoring, efficiency, and cost control. Smart, connected, and modular meters are energy meters capable of digitally tracking consumption in real time, transmitting data remotely, and being simply configured or expanded to fit various electrical systems. For example, in September 2025, Socomec Group, a France-based manufacturer, introduced COUNTIS P, a new line of smart AC/DC energy meters tailored for contemporary infrastructure in buildings, industrial facilities, and EV charging stations. These meters offer a compact, modular design that works with both single-phase and three-phase AC/DC networks, straightforward QuickConnect wiring, and dependable performance over a broad temperature range (-40 to +70°C). MID-certified for precision, they accommodate various communication protocols like Modbus RTU/TCP, deliver real-time energy monitoring, and connect effortlessly with Socomec’s digital platforms for streamlined energy management and sub-billing.
In June 2024, Ancala Partners LLP, a UK-based investment manager, purchased Solandeo GmbH for an undisclosed sum. This deal bolsters Ancala’s foothold in the German energy sector by aiding Solandeo’s growth in premium smart-metering and digital metering offerings. It also bolsters Ancala’s energy-transition infrastructure holdings through Solandeo’s cutting-edge metering tech and data capabilities. Solandeo GmbH, a German firm specializing in renewable energy semiconductors, delivers smart meter solutions such as two-phase digital electric submeters.
Major companies operating in the electric sub meter market are Siemens AG, General Electric Company, Honeywell International Inc., ABB Ltd., Eaton Corporation plc, Chint Group Co. Ltd., Hubbell Incorporated, Schneider Electric SE, Leviton Manufacturing Company Inc., Itron Inc., Landis+Gyr AG, Jiangsu Linyang Energy Co. Ltd., Shenzhen Clou Electronics Co. Ltd, OK a.m.b.a. (Kamstrup), Ningbo Sanxing Smart Electric Co. Ltd., Shenzhen Techrise Electronics Co. Ltd., Holley Technology Ltd., Zhejiang Wellsun Electric Meter Co. Ltd., Zhejiang Hengye Electronics Co. Ltd., Star Treasure Investments Holdings Limited (Wasion Group), XJ Measurement & Control Meter Co. Ltd.
North America was the largest region in the electric sub meter market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric sub meter market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric sub meter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs have impacted the electric sub meter market by increasing the cost of imported electronic components, sensors, and communication modules used in meter manufacturing. These effects are most pronounced in Asia Pacific and Europe, where manufacturers are highly dependent on cross border component supply. Rising tariff related input costs have influenced product pricing and utility procurement strategies. This has affected rollout timelines for smart metering and grid modernization projects. However, tariffs are supporting domestic electronics manufacturing, localized assembly operations, and more resilient regional supply chains over the long term.
The electric sub meter market research report is one of a series of new reports that provides electric sub meter market statistics, including electric sub meter industry global market size, regional shares, competitors with a electric sub meter market share, detailed electric sub meter market segments, market trends and opportunities, and any further data you may need to thrive in the electric sub meter industry. This electric sub meter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
An electric sub-meter measures and tracks electrical consumption for a particular area or tenant in a bigger electrical setup. It functions much like a main electricity meter but focuses on monitoring usage in specific units or zones inside a building. These devices help landlords, property managers, and facility operators with accurate billing and better energy efficiency.
The primary categories in the electric submeter market consist of non-socket or electronic submeters, socket or electromechanical submeters, current transformers, and feed-through submeters. Non-socket or electronic submeters represent sophisticated devices that measure electrical usage without requiring a physical socket connection. These systems operate in single-phase or three-phase configurations, supporting diverse applications like residential, commercial, and industrial settings.
The electric sub meter market consists of sales of digital submeters, analog submeters, smart submeters, and prepaid submeters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The electric sub meter market size is expected to see strong growth in the next few years. It will grow to $15.66 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growth of smart cities initiatives, increasing focus on energy efficiency, adoption of iot-enabled meters, rising investments in green buildings, expansion of industrial automation. Major trends in the forecast period include rising adoption of smart and digital sub-meters, growing demand for energy consumption transparency, expansion of smart building and infrastructure projects, increasing use in multi-tenant residential and commercial properties, shift toward wireless and remote metering solutions.
The rising adoption of renewable energy sources is poised to drive future growth in the electric sub-meter market. Renewable energy encompasses naturally regenerating sources like solar, wind, and geothermal power, providing eco-friendly and sustainable options over fossil fuels. Its uptake is surging thanks to environmental advantages, such as reduced greenhouse gas emissions and efforts to combat climate change. Electric sub-meters facilitate renewable energy integration by offering accurate tracking of energy generation, usage, and distribution in solar, wind, and hydroelectric setups. For example, in February 2024, the World Resources Institute (WRI), a US-based non-profit, reported that the United States added 31 gigawatts (GW) of new solar capacity in 2023 - a 55% jump from 2022 levels, marking a national record. Thus, the growing use of renewable energy sources is fueling expansion in the electric sub-meter market.
Major companies in the electric submeter market are prioritizing the creation of cutting-edge solutions like smart, connected, and modular meters to improve energy monitoring, efficiency, and cost control. Smart, connected, and modular meters are energy meters capable of digitally tracking consumption in real time, transmitting data remotely, and being simply configured or expanded to fit various electrical systems. For example, in September 2025, Socomec Group, a France-based manufacturer, introduced COUNTIS P, a new line of smart AC/DC energy meters tailored for contemporary infrastructure in buildings, industrial facilities, and EV charging stations. These meters offer a compact, modular design that works with both single-phase and three-phase AC/DC networks, straightforward QuickConnect wiring, and dependable performance over a broad temperature range (-40 to +70°C). MID-certified for precision, they accommodate various communication protocols like Modbus RTU/TCP, deliver real-time energy monitoring, and connect effortlessly with Socomec’s digital platforms for streamlined energy management and sub-billing.
In June 2024, Ancala Partners LLP, a UK-based investment manager, purchased Solandeo GmbH for an undisclosed sum. This deal bolsters Ancala’s foothold in the German energy sector by aiding Solandeo’s growth in premium smart-metering and digital metering offerings. It also bolsters Ancala’s energy-transition infrastructure holdings through Solandeo’s cutting-edge metering tech and data capabilities. Solandeo GmbH, a German firm specializing in renewable energy semiconductors, delivers smart meter solutions such as two-phase digital electric submeters.
Major companies operating in the electric sub meter market are Siemens AG, General Electric Company, Honeywell International Inc., ABB Ltd., Eaton Corporation plc, Chint Group Co. Ltd., Hubbell Incorporated, Schneider Electric SE, Leviton Manufacturing Company Inc., Itron Inc., Landis+Gyr AG, Jiangsu Linyang Energy Co. Ltd., Shenzhen Clou Electronics Co. Ltd, OK a.m.b.a. (Kamstrup), Ningbo Sanxing Smart Electric Co. Ltd., Shenzhen Techrise Electronics Co. Ltd., Holley Technology Ltd., Zhejiang Wellsun Electric Meter Co. Ltd., Zhejiang Hengye Electronics Co. Ltd., Star Treasure Investments Holdings Limited (Wasion Group), XJ Measurement & Control Meter Co. Ltd.
North America was the largest region in the electric sub meter market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric sub meter market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric sub meter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs have impacted the electric sub meter market by increasing the cost of imported electronic components, sensors, and communication modules used in meter manufacturing. These effects are most pronounced in Asia Pacific and Europe, where manufacturers are highly dependent on cross border component supply. Rising tariff related input costs have influenced product pricing and utility procurement strategies. This has affected rollout timelines for smart metering and grid modernization projects. However, tariffs are supporting domestic electronics manufacturing, localized assembly operations, and more resilient regional supply chains over the long term.
The electric sub meter market research report is one of a series of new reports that provides electric sub meter market statistics, including electric sub meter industry global market size, regional shares, competitors with a electric sub meter market share, detailed electric sub meter market segments, market trends and opportunities, and any further data you may need to thrive in the electric sub meter industry. This electric sub meter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
An electric sub-meter measures and tracks electrical consumption for a particular area or tenant in a bigger electrical setup. It functions much like a main electricity meter but focuses on monitoring usage in specific units or zones inside a building. These devices help landlords, property managers, and facility operators with accurate billing and better energy efficiency.
The primary categories in the electric submeter market consist of non-socket or electronic submeters, socket or electromechanical submeters, current transformers, and feed-through submeters. Non-socket or electronic submeters represent sophisticated devices that measure electrical usage without requiring a physical socket connection. These systems operate in single-phase or three-phase configurations, supporting diverse applications like residential, commercial, and industrial settings.
The electric sub meter market consists of sales of digital submeters, analog submeters, smart submeters, and prepaid submeters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Electric Sub Meter Market Characteristics
3. Electric Sub Meter Market Supply Chain Analysis
4. Global Electric Sub Meter Market Trends and Strategies
5. Electric Sub Meter Market Analysis of End Use Industries
7. Global Electric Sub Meter Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Electric Sub Meter Total Addressable Market (TAM) Analysis for the Market
9. Electric Sub Meter Market Segmentation
10. Electric Sub Meter Market Regional and Country Analysis
11. Asia-Pacific Electric Sub Meter Market
12. China Electric Sub Meter Market
13. India Electric Sub Meter Market
14. Japan Electric Sub Meter Market
15. Australia Electric Sub Meter Market
16. Indonesia Electric Sub Meter Market
17. South Korea Electric Sub Meter Market
18. Taiwan Electric Sub Meter Market
19. South East Asia Electric Sub Meter Market
20. Western Europe Electric Sub Meter Market
21. UK Electric Sub Meter Market
22. Germany Electric Sub Meter Market
23. France Electric Sub Meter Market
24. Italy Electric Sub Meter Market
25. Spain Electric Sub Meter Market
26. Eastern Europe Electric Sub Meter Market
27. Russia Electric Sub Meter Market
28. North America Electric Sub Meter Market
29. USA Electric Sub Meter Market
30. Canada Electric Sub Meter Market
31. South America Electric Sub Meter Market
32. Brazil Electric Sub Meter Market
33. Middle East Electric Sub Meter Market
34. Africa Electric Sub Meter Market
36. Electric Sub Meter Market Competitive Landscape and Company Profiles
37. Electric Sub Meter Market Other Major and Innovative Companies
40. Electric Sub Meter Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Electric Sub Meter Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses electric sub meter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for electric sub meter? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electric sub meter market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Non-Socket Or Electronic Sub-Meter; Socket Or Electromechanical Sub-Meter; Current Transformer; Feed-Through Sub-Meter2) By Phase: Single Phase; Three Phase
3) By Application: Residential; Commercial; Industrial
Subsegments:
1) By Non-Socket Or Electronic Sub-Meter: Digital Non-Socket Sub-Meter; Smart Non-Socket Sub-Meter; Wireless Non-Socket Sub-Meter2) By Socket Or Electromechanical Sub-Meter: Analog Socket Sub-Meter; Digital Socket Sub-Meter; Mechanical Socket Sub-Meter
3) By Current Transformer: Instrument Current Transformers; Measurement Current Transformers
4) By Feed-Through Sub-Meter: Single-Phase Feed-Through Sub-Meter; Three-Phase Feed-Through Sub-Meter; Smart Feed-Through Sub-Meter
Companies Mentioned: Siemens AG; General Electric Company; Honeywell International Inc.; ABB Ltd.; Eaton Corporation plc; Chint Group Co. Ltd.; Hubbell Incorporated; Schneider Electric SE; Leviton Manufacturing Company Inc.; Itron Inc.; Landis+Gyr AG; Jiangsu Linyang Energy Co. Ltd.; Shenzhen Clou Electronics Co. Ltd; OK a.m.b.a. (Kamstrup); Ningbo Sanxing Smart Electric Co. Ltd.; Shenzhen Techrise Electronics Co. Ltd.; Holley Technology Ltd.; Zhejiang Wellsun Electric Meter Co. Ltd.; Zhejiang Hengye Electronics Co. Ltd.; Star Treasure Investments Holdings Limited (Wasion Group); XJ Measurement & Control Meter Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Electric Sub Meter market report include:- Siemens AG
- General Electric Company
- Honeywell International Inc.
- ABB Ltd.
- Eaton Corporation plc
- Chint Group Co. Ltd.
- Hubbell Incorporated
- Schneider Electric SE
- Leviton Manufacturing Company Inc.
- Itron Inc.
- Landis+Gyr AG
- Jiangsu Linyang Energy Co. Ltd.
- Shenzhen Clou Electronics Co. Ltd
- OK a.m.b.a. (Kamstrup)
- Ningbo Sanxing Smart Electric Co. Ltd.
- Shenzhen Techrise Electronics Co. Ltd.
- Holley Technology Ltd.
- Zhejiang Wellsun Electric Meter Co. Ltd.
- Zhejiang Hengye Electronics Co. Ltd.
- Star Treasure Investments Holdings Limited (Wasion Group)
- XJ Measurement & Control Meter Co. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 11.35 Billion |
| Forecasted Market Value ( USD | $ 15.66 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |
