Asia-Pacific Electric Sub-meters Market Size, Share & Industry Analysis Report by Phase, Type, Connectivity, End Use, and Country with Growth Forecasts, 2025-2032

The Asia Pacific Electric Sub-meters Market is expected to witness market growth of 6.7% CAGR during the forecast period (2025-2032).

The China market dominated the Asia Pacific 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 2.37 billion by 2032. The Japan market is registering a CAGR of 5.8% during 2025-2032. Additionally, the India market is expected to showcase a CAGR of 7.3% during 2025-2032. The China and India led the Asia Pacific Electric Sub-meters Market by Country with a market share of 37.9% and 14.2% in 2024.



The Asia Pacific electric sub-meter market has grown quickly because more people are moving to cities, electricity demand is going up, and governments are building more infrastructure. In Japan, Singapore, and Hong Kong, where sub-meters tracked loads and divided costs, early adoption was mostly in industrial plants and high-density residential complexes. The growth of industry in China, India, and South Korea in the 1980s and 1990s put more pressure on efficiency, which led to the wider use of basic kilowatt-hour meters. Policies like China's building codes, India's Energy Conservation Act, and Australia's green building rating systems made people more likely to adopt. Smart city projects and the use of renewable energy have increased demand in the last ten years, making sub-meters essential for real-time monitoring and energy management in homes, businesses, and factories.

Some important trends are that they are used a lot in high-rise residential buildings, work with industrial and commercial energy management systems, and are used in public infrastructure projects like airports, metro networks, and government buildings. Market leaders focus on making their products fit local needs, working with government programs, and providing solutions that can grow in crowded urban or industrial areas. To get more people to use it in new markets, education and training programs are stressed. There is a lot of competition. Global OEMs like Schneider Electric and Siemens are the biggest players in advanced economies. In China, South Korea, and India, regional manufacturers focus on cost and customization. Startups offer software-driven analytics platforms. The fragmented regional landscape gives both multinational and local companies chances to succeed, showing that different countries have different priorities.

End Use Outlook

Based on End Use, the market is segmented into Industrial, Commercial, Residential, and Other End Use. The Industrial market segment dominated the China Electric Sub-meters Market by End Use is expected to grow at a CAGR of 4.7 % during the forecast period thereby continuing its dominance until 2032. Also, the Residential market is anticipated to grow as a CAGR of 5.9 % during the forecast period during 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 5.3% over the projection period, the Three Phase Market, dominate the Japan 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 6.3% during 2025-2032.

Country Outlook

China's market for electric sub-meters is growing quickly because of high electricity use, smart grid upgrades, and strict rules about how much energy is used. Sub-meters are used a lot in high-rise apartments, office buildings, and industrial estates to make sure that costs are fairly distributed and bills are clear. Policies from the central government that encourage conservation, lowering emissions, and smart infrastructure, as well as rising electricity prices in cities, are driving adoption. A shift from mechanical to electronic, IoT-enabled meters and integration with advanced metering infrastructure is one of the trends. This is happening because of the growth of distributed solar power and electric vehicle charging. There is a lot of competition, with many domestic companies offering cheap solutions and multinational companies going after high-end smart technologies. Working with real estate developers and industrial parks helps bring together hardware and digital management platforms to China's quickly growing cities.

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

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific