Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Editor's Pick Market Research

Replacement of Conventional Sub-meters with Smart Sub-meters in Commercial to Drive Electric Sub-meter Market

Urja Daily by Urja Daily
September 14, 2021
in Market Research
Reading Time: 4 mins read
0
Electric Sub-Meter
Share on FacebookShare on TwitterShare on Linkedin

ALBANY, N.Y. –

Electric Sub-meter Market: Growth Summary

RELATED POSTS

What’s Holding Back the EV Battery Revolution?

What Opportunities Exist for Startups in the Autonomous Driving Software Market?

Stringent regulations regarding the installation of electric sub-meters across numerous countries and the need to monitor energy leakage have increased substantially over the years. These aspects bring immense growth opportunities for the electric sub-meter market during the forecast period of 2020-2030.

The data derived from sub-meters has a plethora of benefits for end-users. It helps to make better decisions that can lead to optimized energy performance. Furthermore, the concept of tenant submetering also attracts substantial demand. These factors influence the growth opportunities in the electric sub-meter market.

According to the analysts at Transparency Market Research (TMR), the global market for electric sub-meter is prognosticated to record a CAGR of 4% during the forecast period of 2020-2030. The electric sub-meter market is expected to surpass US$ 7.71 Bn by 2030.

The government bodies of numerous countries are laying a greater emphasis on energy efficiency. In order to achieve the goal of sustainability and energy management, the government bodies are structuring initiatives and schemes for encouraging the installation of electric sub-meters. These factors will have a profound impact on the growth trajectory of the electric sub-meter market. Furthermore, the players in the electric sub-meter market are also focusing on the development of smart meters as they are observing considerable traction.

Key Findings of Report

Increasing Focus on Rural Electrification in Densely Populated Areas to Result in Exponential Growth of Global Market

Densely populated countries such as India and China are working on 100% electrification across rural areas. Governments of these countries are launching several initiatives that will help accelerate rural electrification. The Government of India’s Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) is a classic instance of a rural electrification initiative. This initiative aims to enhance the reliability and quality of power supply in rural areas across India. Such schemes ensure promising growth for the electric sub-meter market.

Growing Number of Collaborations to Offer Extensive Prospects for Electric Sub-meter Market

The growing number of collaborations between players in the electric sub-meter market and energy experts will set the growth cycle in motion. These collaborations are assisting in boosting innovations and triggering the advent of novel technologies in electric sub-meters. The growing demand for smart electric sub-meters is leading to an increase in partnerships with connected technology providers. All these factors help in the overall growth of the electric sub-meter market.

Industrial Sector to Emerge as Attractive Segment for Electric Sub-meter Market

Industrialization is growing at a rapid rate across many countries. Strict government regulations regarding energy monitoring and usage in the industrial sector have increased the demand for electric meters. All these aspects will help in adding value to the growth structure of the electric sub-meter market.

Electric Sub-Meter Market: Growth Boosters

  • Monitoring energy leakages and outages is a prominent concern among consumers in both residential and commercial applications. The installation of electric sub-meters helps in curbing these issues, eventually assuring promising growth.
  • Three-phase electric sub-meters are experiencing substantial demand, especially in the industrial sector, due to features like project performance visualization and equipment performance optimization
  • Some well-entrenched players in the electric sub-meter market are Honeywell International Inc., Leviton Manufacturing Co. Inc., Elster Group, GE Digital Energy, Nuri Telecom Co. Ltd., Kamstrup AS, Submeter Solutions, and Schneider Electric SE.

Buy our Premium Research Report at

Global Electric Sub-Meter Market – Segmentation

By Type

  • Smart Sub-meter
  • Electronic Sub-meter
  • Electro-mechanical Sub-meter

By Phase

  • Single Phase
  • Three Phase

By Application

  • Industrial
  • Residential
  • Commercial

By Region

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Tags: ElectricEnergysub-meters
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

EV Battery Revolution

What’s Holding Back the EV Battery Revolution?

by Palak
September 4, 2025
0

The Electric Vehicle (EV) Battery Market is at the center of the global clean mobility transition. With EV adoption accelerating...

Autonomous Driving Software

What Opportunities Exist for Startups in the Autonomous Driving Software Market?

by Palak
September 3, 2025
0

The rise of self-driving technology is reshaping global mobility, creating a wave of opportunities across software, hardware, and services. Among...

Electric Vehicle Polymers Market

What Challenges Could Slow Down the Electric Vehicle Polymers Market?

by Palak
September 2, 2025
0

The global automotive industry is undergoing a massive transformation with the rapid adoption of electric vehicles (EVs). Among the many...

Building Insulation Market

Top Innovations Driving the Future of the Building Insulation Market

by Palak
August 30, 2025
0

The global construction industry is undergoing a major transformation, with sustainability, energy efficiency, and advanced materials becoming the cornerstones of...

Absorption Chillers Market

Technological Innovations Driving the Future of Absorption Chillers

by Palak
August 28, 2025
0

As the world pushes toward sustainable energy solutions, cooling systems are undergoing a major transformation. Absorption chillers, which operate on...

Next Post
ConMet eMobility

ConMet eMobility's Zero-Emission Trailer Is On The Road

Nanotechnology-in-Solar-Energy

Nanotechnology in Energy Market to Reach $384.8 Mn, Globally

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Shweta Solar

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

September 5, 2025
Powering India's Future

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

September 5, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

UAE Energy Undersecretary Visits Tellus Power Globe Holding’s Hong Kong Office

The Hype Studio Partners with Kaydence Media Ventures to Boost Advocacy and PR Leadership

What’s Holding Back the EV Battery Revolution?

Zaggle and Standard Chartered Partner to Revolutionize Corporate Spend Management

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved