Energy Measurement IC Trends and Forecast
The future of the global energy measurement IC market looks promising with opportunities in the smart appliances, smart city, power monitors for server, intelligent home, smart-plug, and industrial markets. The global energy measurement IC market is expected to reach an estimated $7.8 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are growing adoption of metering ics in smart homes and smart apparatuses, increasing inclination towards electric vehicles, and introduction of new technologies like cloud analytics.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Energy Measurement IC by Segment
The study includes a forecast for the global energy measurement IC by type, phase, application, and region.
Energy Measurement IC Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Single Channel
• Multi Channel
Energy Measurement IC Market by Phase [Shipment Analysis by Value from 2018 to 2030]:
• Single Phase
• Poly Phase
Energy Measurement IC Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Smart Appliances
• Smart Cities
• Power Monitors for Servers
• Intelligent Homes
• Industrial
• Smart-Plugs
• Industrial
• Others
Energy Measurement IC Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Energy Measurement IC Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies energy measurement IC companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the energy measurement IC companies profiled in this report include-
• Analog Devices
• Texas Instruments
• Maxim Integrated Products
• Renesas Electronics Corporation
• Infineon Technologies
• Stmicroelectronics
• Microchip Technology
• Silicon Labs
• Cirrus Logic
• NXP Semiconductor
Energy Measurement IC Market Insights
Lucintel forecasts that poly phase will remain the larger segment over the forecast period due to its increasing adoption in commercial and industrial application.
Within this market, industrial will remain the largest segment due to xx.
APAC will remain the largest region over the forecast period due to presence of major players and technological advancements in the region.
Features of the Global Energy Measurement IC Market
Market Size Estimates: Energy measurement ic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Energy measurement ic market size by various segments, such as by type, phase, application, and region in terms of value ($B).
Regional Analysis: Energy measurement ic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, phases, applications, and regions for the energy measurement IC market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the energy measurement IC market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the energy measurement IC market size?
Answer: The global energy measurement IC market is expected to reach an estimated $7.8 billion by 2030.
Q.2 What is the growth forecast for energy measurement IC market?
Answer: The global energy measurement IC market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the energy measurement IC market?
Answer: The major drivers for this market are growing adoption of metering ics in smart homes and smart apparatuses, increasing inclination towards electric vehicles and introduction of new technologies like cloud analytics.
Q4. What are the major segments for energy measurement IC market?
Answer: The future of the energy measurement IC market looks promising with opportunities in the smart appliances, smart city, power monitors for server, intelligent home, smart-plug, and industrial markets.
Q5. Who are the key energy measurement IC market companies?
Answer: Some of the key energy measurement IC companies are as follows:
• Analog Devices
• Texas Instruments
• Maxim Integrated Products
• Renesas Electronics Corporation
• Infineon Technologies
• Stmicroelectronics
• Microchip Technology
• Silicon Labs
• Cirrus Logic
• NXP Semiconductor
Q6. Which energy measurement IC market segment will be the largest in future?
Answer: Lucintel forecasts that poly phase will remain the larger segment over the forecast period due to its increasing adoption in commercial and industrial application.
Q7. In energy measurement IC market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to presence of major players and technological advancements in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the energy measurement IC market by type (single channel and multi channel), phase (single phase poly phase), application (smart appliances, smart cities, power monitors for servers, intelligent homes, smart-plugs, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Energy Measurement IC Market, Energy Measurement IC Market Size, Energy Measurement IC Market Growth, Energy Measurement IC Market Analysis, Energy Measurement IC Market Report, Energy Measurement IC Market Share, Energy Measurement IC Market Trends, Energy Measurement IC Market Forecast, Energy Measurement IC Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.