US Power Metering Market Share Insights and Forecasts
US Power Metering Market Size – Market size is expanding as utilities upgrade infrastructure with smart meters.
The US Power Metering Market is a multi-billion dollar sector. Recent market analyses indicate that the market for smart meters alone in the US was valued at approximately billion in 2024, with projections for growth to over billion by 2030. This makes it a substantial and rapidly expanding market. The overall power metering market, which includes digital and analog meters, has a larger valuation.
For instance, the broader global market is estimated to be valued at over billion in 2025. The residential segment is the largest contributor to the market size, driven by the massive number of households that require metering infrastructure. However, the commercial and industrial segments, while smaller in volume, are also significant in terms of revenue due to the use of more complex and higher-value three-phase meters.
US Power Metering Market Size
Q1: How is the market size determined?
A1: By analyzing the value and volume of meters installed, market revenue, and adoption across sectors.
Q2: Is the market expanding?
A2: Yes, with increasing smart meter installations and grid modernization programs.
Q3: Which segments dominate the market?
A3: Residential smart meters and commercial industrial metering solutions.
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