Electrical Submetering Device Market
Electrical Submetering Device Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Electrical Submetering Device Market Size and Growth
The Electric Submetering Device market is experiencing significant growth, driven by increasing energy efficiency demands and regulatory requirements. As of 2023, the market size is estimated at approximately $1.2 billion, with a projected compound annual growth rate of 10% through 2030, highlighting the rising adoption across residential and commercial sectors.
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Companies Covered
(Covid 19 Impact Covered)
◍ Landis+Gyr
◍ Itron （ Silver Spring Networks ）
◍ GE Digital Energy
◍ Siemens
◍ Kamstrup
◍ Xylem Inc
◍ Elster Group
◍ Aclara
◍ Sagemcom
◍ Leviton
◍ Echelon
◍ Nuri Telecom
◍ E-Mon
◍ Sanxing
◍ Linyang Electronics
◍ Wasion Group
◍ Haixing Electrical
The Electrical Submetering Device Market features companies like Landis+Gyr, Itron, Siemens, and Kamstrup, which innovate smart metering solutions enhancing energy management. These firms drive market growth through advanced technologies, promoting efficiency and sustainability. Notable sales figures include Landis+Gyr's $1.4 billion and Itron's $2.1 billion revenue.
◍ Techrise Electronics
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Market Segmentation
By Application
Residential
Commercial
Industrial
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By Product
Current Transformer
Rogowski Coil
Other
Market Growth
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$ X Billion USD
