Global Energy and Power Quality Meters Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Topology;

Standalone , Embedded in Controller/PLC, Multi Circuit, and Portable Units

By Phase;

Single Phase, and Three Phases

By Application;

Network & Branch Circuit Monitoring , Power Quality Compliance Monitoring , Energy Cost Management, and Others

By End-use Industry;

Critical Buildings , Commercial Buildings, and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn142949678 Published Date: June, 2025 Updated Date: July, 2025

Energy and Power Quality Meters Market Overview

Energy and Power Quality Meters Market (USD Million)

Energy and Power Quality Meters Market was valued at USD 1,154.08 million in the year 2024. The size of this market is expected to increase to USD 1,927.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.


Global Energy and Power Quality Meters Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.6 %
Market Size (2024)USD 1,154.08 Million
Market Size (2031)USD 1,927.18 Million
Market ConcentrationMedium
Report Pages322
1,154.08
2024
1,927.18
2031

Major Players

  • Eaton
  • ABB
  • Siemens
  • Schneider Electric
  • General Electric
  • Toshiba
  • Emerson
  • Legrand
  • Honeywell
  • AMETEK Powervar
  • Piller Power Systems
  • Acumentrics

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Energy and Power Quality Meters Market

Fragmented - Highly competitive market without dominant players


The Energy and Power Quality Meters Market is rapidly expanding as industries prioritize real-time energy monitoring and efficient power distribution. These meters are essential for identifying energy consumption patterns and ensuring system optimization. Industrial use has seen a more than 30% uptick, driven by a shift toward automation and operational efficiency.

Technology Integration
The surge in smart grid development and IoT applications has led to a 28% rise in digital metering deployments. These solutions offer comprehensive tools for grid diagnostics, predictive alerts, and remote monitoring. Their ability to integrate with cloud platforms enhances system control and performance analysis across multiple verticals.

Industrial and Commercial Applications
The demand for advanced energy meters is especially high in commercial and industrial facilities. Businesses are turning to these tools to align with energy usage benchmarks and reduce operational waste. With over 35% adoption among enterprises, these meters are key to achieving cost savings and regulatory compliance through precise load tracking.

Future Outlook
With increasing focus on sustainable practices and resilient energy systems, the market is expected to register over 40% growth in smart metering technologies. Businesses are moving toward integrated solutions that combine analytics, automation, and fault diagnostics, making intelligent metering central to future-ready energy management.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Topology
    2. Market Snapshot, By Phase
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-use Industry
    5. Market Snapshot, By Region
  4. Energy and Power Quality Meters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising smart grid deployment initiatives
        2. Increasing demand for energy efficiency solutions
        3. Growing industrial automation and digitization
        4. Focus on reliable power supply monitoring
      2. Restraints
        1. High initial investment and setup costs
        2. Lack of standardization in developing regions
        3. Complex installation and calibration procedures
        4. Limited skilled workforce for meter integration
      3. Opportunities
        1. Adoption in emerging industrial economies
        2. Integration with cloud and IoT platforms
        3. Supportive government energy policies
        4. Real-time analytics and predictive maintenance solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Energy and Power Quality Meters Market, By Topology, 2021 - 2031 (USD Million)
      1. Standalone
      2. Embedded in Controller/PLC
      3. Multi Circuit
      4. Portable Units
    2. Energy and Power Quality Meters Market, By Phase, 2021 - 2031 (USD Million)
      1. Single Phase
      2. Three Phases
    3. Energy and Power Quality Meters Market, By Application, 2021 - 2031 (USD Million)
      1. Network & Branch Circuit Monitoring
      2. Power Quality Compliance Monitoring
      3. Energy Cost Management
      4. Others
    4. Energy and Power Quality Meters Market, By End-use Industry, 2021 - 2031 (USD Million)
      1. Critical Buildings
      2. Commercial Buildings
      3. Industrial
    5. Energy and Power Quality Meters Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Eaton (Ireland)
      2. ABB (Switzerland)
      3. Siemens (Germany)
      4. Schneider Electric (France)
      5. General Electric (US)
      6. Toshiba (Japan)
      7. Emerson (US)
      8. Legrand (France)
      9. Honeywell (US)
      10. AMETEK Powervar (US)
      11. Piller Power Systems (Germany)
      12. Acumentrics (US)
  7. Analyst Views
  8. Future Outlook of the Market