The Brazil market dominated the LAMEA Electric Sub-meters Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of USD 451.5 million by 2032. The Argentina market is showcasing a CAGR of 8.6% during 2025-2032. Additionally, the UAE market would register a CAGR of 6.8% during 2025-2032. The Brazil and UAE led the LAMEA Electric Sub-meters Market by Country with a market share of 23.9% and 14.5% in 2024.
The electric sub-meter market in LAMEA has grown because of the region's problems with getting energy, growing cities, and government policies. The first places to use it were in Latin America's residential complexes, where it helped with fair cost sharing; in the Middle East, where it helped with subsidy reforms and efficiency programs; and in Africa, where it helped with off-grid or mini-grid electrification. Early devices were just simple kilowatt-hour meters. Now, they have digital displays, prepaid options, and the ability to work with mobile devices. Government-led programs like Saudi Arabia's Vision 2030, the UAE's Energy Strategy 2050, and Latin America's energy efficiency laws have also helped people adopt sub-meters, which are now seen as tools for fairness, sustainability, and digital energy management. Across the region, the market shows a mix of need, modernization, and resource management.
Some important trends are the rise of prepaid and pay-as-you-go systems in Africa and some parts of Latin America, their use in off-grid and mini-grid renewable energy projects, and their use in high-end real estate and commercial projects in the Middle East. Market strategies focus on making services affordable, working with government programs, teaming up with utilities and NGOs, and offering services that can grow, like mobile apps and remote monitoring. In the Middle East, multinational companies are in charge. In Latin America, regional and local companies are in charge. In Africa, small manufacturers and Chinese companies compete. There are also new startups that offer software-driven analytics and mobile payment integration. This shows how diverse the region's economy, technology, and society are.
Type Outlook
Based on Type, the market is segmented into Electronic Sub-Meters, Smart Sub-Meters, Digital Sub-Meters, Analog / Conventional Sub-Meters, and Other Type. Among various UAE Electric Sub-meters Market by Type; The Electronic Sub-Meters market achieved a market size of USD $61.1 Million in 2024 and is expected to grow at a CAGR of 6.1 % during the forecast period. The Analog / Conventional Sub-Meters market is predicted to experience a CAGR of 7.8% throughout the forecast period from (2025 - 2032).Phase Outlook
Based on Phase, the market is segmented into Three Phase, and Single Phase. With a compound annual growth rate (CAGR) of 8.3% over the projection period, the Three Phase Market, dominate the South Africa Electric Sub-meters Market by Phase in 2024 and would be a prominent market until 2032. The Single Phase market is expected to witness a CAGR of 9.4% during 2025-2032.Country Outlook
Brazil's electric sub-meter market is growing steadily, thanks to a large and diverse power sector, rising prices, and government efforts to make things more efficient and clear. ANEEL's oversight and smart grid projects have helped sub-meters become more common in multi-unit homes, commercial complexes, and industrial parks to divide up costs and keep an eye on usage. Demand is also rising because of urbanization, the growth of distributed generation, and the need to cut down on non-technical losses. Some trends are slowly replacing mechanical meters with smart, electronic ones, retrofitting older buildings, and connecting with digital energy management systems. The most people who use it are businesses and large shared spaces. There is competition between domestic meter makers and service providers who offer affordable solutions and foreign companies that offer cutting-edge smart technologies. The main problems are the high costs of retrofitting, changing rules about who owns and maintains the units, and slow orders for unit-level sub-metering.List of Key Companies Profiled
- Schneider Electric SE
- Siemens AG
- Honeywell International, Inc.
- ABB Ltd.
- Itron, Inc.
- Landis+Gyr Group AG
- Eaton Corporation plc
- General Electric Company
- Mitsubishi Electric Corporation
- Xylem, Inc. (Sensus)
Market Report Segmentation
By Phase
- Three Phase
- Single Phase
By Type
- Electronic Sub-Meters
- Smart Sub-Meters
- Digital Sub-Meters
- Analog / Conventional Sub-Meters
- Other Type
By Connectivity
- Wired
- Wireless
By End Use
- Industrial
- Commercial
- Residential
- Other End Use
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Companies Mentioned
- Schneider Electric SE
- Siemens AG
- Honeywell International, Inc.
- ABB Ltd.
- Itron, Inc.
- Landis+Gyr Group AG
- Eaton Corporation plc
- General Electric Company
- Mitsubishi Electric Corporation
- Xylem, Inc. (Sensus)