North America Solar Power Meter Market Size, Share & Industry Analysis Report By Technology, By End Use Industry, By Product Type, By Application, By Country and Growth Forecast, 2025 - 2032

The North America Solar Power Meter Market is expected to witness market growth of 9.8% CAGR during the forecast period (2025-2032).

The US market dominated the North America Solar Power Meter Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $1.63 billion by 2032. The Canada market is experiencing a CAGR of 12.6% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 11.1% during 2025-2032.



There is a lot of rivalry in the Video as a Sensor Market because of new startups and regional firms. These companies focus on specific uses, such as monitoring traffic, building smart cities, and keeping an eye on factories. The industry pushes for new technologies in AI-powered video analytics, edge computing, and real-time data processing. This gives nimble, niche-focused enterprises the chance to develop and make their mark.

Growing Demand for Solar Monitoring

The Rise of Plant Protein

• More Solar Panels, More Tracking Needs: As more solar panels were installed, it became important to accurately measure how much energy they produce.
• Smarter Solar Meters Developed: New solar meters were created to track energy use in real time, check performance remotely, and work with smart grids.

Benefits of Advanced Solar Power Meters

• Boosting Efficiency and Savings: These smart meters help ensure systems run at their best and make it easier for users to sell extra power back to the grid.

Country Outlook

The United States is a major player in the solar power meter industry since it has a strong renewable energy sector and federal regulations that promote it. The Inflation Reduction Act (IRA) has been very important in speeding up the installation of solar panels by giving big tax breaks and other benefits to renewable energy technology. This backing from the government has led to development in residential, commercial, and utility-scale solar systems, which need advanced metering technologies to keep an eye on and improve energy output.

Canada’s Push for Clean Energy

• Government Help Makes Solar Easy: Canada gives tax credits and rebates to make solar panels cheaper, which encourages more people and businesses to switch to solar.
• Growing Need for Accurate Meters: As more solar panels are put up, there is a greater need for meters that keep track of how much energy is made and used.

Mexico’s Solar Advantage

• Sunshine and Support Fuel Growth: Mexico's sunny weather and clean energy programs are making solar panels more popular, which is making power meters more in demand.

Government support and natural advantages are helping both Canada and Mexico's solar industries grow. Accurate power metering is an important part of their clean energy future.

Clean Energy Interest is Spreading

• More Countries Going Green: Countries in North America, not just the U.S., are using solar energy to cut down on pollution and become less dependent on outside sources of energy.
• Tech and Policy Are Key Drivers: Technology and policy are two of the most important things that drive change. Smart technologies, government support, and investments in clean energy are making solar power meters more popular and needed.

Smart Meters for a Smarter Grid

• Power Monitoring for the Future: Smart solar meters help keep track of energy use more accurately, which helps modern electric grids and helps countries reach their climate goals.

In short, smart solar meters are becoming more and more important as more countries switch to clean energy. They will help us have a greener, smarter, and more self-sufficient energy future.

List of Key Companies Profiled

• Solar Light Company, LLC
• PCE Instruments India Private Ltd. (PCE Holding AG)
• TES Electrical Electronic Corp.
• EKO Instruments Co., Ltd.
• General Tools & Instruments LLC (Global Transport Investments Inc.)
• Jaycar Pty. Ltd.
• Fluke Corporation (Fortive Corporation)
• Canstar Blue Pty Ltd
• Teledyne FLIR LLC (Teledyne Technologies Incorporated)
• OTT HydroMet B.V. (Kipp & Zonen)

Market Report Segmentation

By Technology

• Digital
• Analog

By End Use

• Residential
• Commercial
• Industrial

By Product

• Net Meter
• Bi-Directional Meter
• Dual Meter
• Other Product

By Measurement

• Energy Measurement
• Power Measurement
• Current Measurement
• Voltage Measurement
• Other Measurement

By Integration Type

• On-grid Solar Power Meters
• Off-grid Solar Power Meters
• Handheld Solar Power Meters

By Country

• US
• Canada
• Mexico
• Rest of North America