U.S. Meter Sockets Market - Industry Trends and Forecast to 2031

TABLE OF CONTENTS

1 INTRODUCTION 9

• 1.1 OBJECTIVES OF THE STUDY 9
• 1.2 MARKET DEFINITION 9
• 1.3 OVERVIEW OF THE U.S. METER SOCKETS MARKET 9
• 1.4 CURRENCY AND PRICING 10
• 1.5 LIMITATIONS 11
• 1.6 MARKETS COVERED 11

2 MARKET SEGMENTATION 13

• 2.1 MARKETS COVERED 13
• 2.2 YEARS CONSIDERED FOR THE STUDY 14
• 2.3 GEOGRAPHIC SCOPE 14
• 2.4 DBMR TRIPOD DATA VALIDATION MODEL 15
• 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 18
• 2.6 DBMR MARKET POSITION GRID 19
• 2.7 MARKET APPLICATION COVERAGE GRID 20
• 2.8 MULTIVARIATE MODELLING 21
• 2.9 PRODUCT TYPE CURVE 22
• 2.10 SECONDARY SOURCES 23
• 2.11 ASSUMPTIONS 23

3 EXECUTIVE SUMMARY 24

4 PREMIUM INSIGHTS 27

• 4.1 PRICING ANALYSIS 28
• 4.2 PORTER'S FIVE FORCES ANALYSIS 29
• 4.3 TECHNOLOGICAL TRENDS 30
• 4.4 REGULATORY STANDARDS 30

3 MARKET OVERVIEW 32

• 3.1 DRIVERS 34
  • 3.1.1 UPSURGE IN DEMAND FOR ELECTRICITY 34
  • 3.1.2 GROWING UPGRADATION OF AGING INFRASTRUCTURE IN THE U.S. 35
  • 3.1.3 INCREASING CONSTRUCTION ACTIVITIES IN RESIDENTIAL, COMMERCIAL, AND OTHER SECTORS 36
  • 3.1.4 INCREASING DEMAND FOR SMART METERS AND SMART GRIDS 38
  • 3.1.5 SURGING NUMBER OF DATA CENTERS 39

• 3.2 RESTRAINTS 41
  • 3.2.1 ENVIRONMENTAL CONCERNS RELATED TO METER SOCKETS 41
  • 3.2.2 MAINTENANCE ISSUES REGARDING METER SOCKETS 42
• 3.3 OPPORTUNITIES 43
  • 3.3.1 RISING DEMAND FOR LOWERING THE COST OF ELECTRICITY 43
  • 3.3.2 SURGING INTEGRATION OF SMART METERS IN RENEWABLE ENERGY SOURCES 45
  • 3.3.3 INCREASING ADOPTION OF ADVANCED METER SOCKETS 46
• 3.4 CHALLENGES 47
  • 3.4.1 LACK OF SKILLED PROFESSIONAL 47
  • 3.4.2 RISING CONCERNS REGARDING METER SOCKET SAFETY 48

4 U.S. METER SOCKETS MARKET, BY PRODUCT TYPE 49

• 4.1 OVERVIEW 50
• 4.2 SELF-CONTAINED METER SOCKET (200A, 320A) 51
• 4.3 METER MAIN WITH LOAD CENTER/DISCONNECT 51
• 4.4 TRANSFORMER-RATED METER SOCKET 51
• 4.5 TRANSOCKET 51
• 4.6 METER PEDESTALS 51
• 4.7 SIDE-BUSSED/SIDE WIREWAY METER SOCKETS 51
• 4.8 LEVER BYPASS SOCKET (200A, 320A) 52
• 4.9 MULTI-POSITION METER SOCKETS 52

5 U.S. METER SOCKETS MARKET, BY PHASE 53

• 5.1 OVERVIEW 54
• 5.2 SINGLE PHASE 55
• 5.3 THREE PHASE 55

6 U.S. METER SOCKETS MARKET, BY DISTRIBUTION CHANNEL 56

• 6.1 OVERVIEW 57
• 6.2 INDIRECT 58
• 6.3 DIRECT 58

7 U.S. METER SOCKETS MARKET, BY MOUNTING 59

• 7.1 OVERVIEW 60
• 7.2 FLUSH 61
• 7.3 SURFACE 61
• 7.4 SEMI-FLUSH 61

8 U.S. METER SOCKETS MARKET, BY NUMBER OF JAWS 62

• 8.1 OVERVIEW 63
• 8.2 4 JAWS 64
• 8.3 5 JAWS 64
• 8.4 6 JAWS 64
• 8.5 7 JAWS 64
• 8.6 8 JAWS 64
• 8.7 OTHERS 64

9 U.S. METER SOCKETS MARKET, BY RATING 65

• 9.1 OVERVIEW 66
• 9.2 100-200 AMP 67
• 9.3 200-400 AMP 67
• 9.4 ABOVE 400 AMP 67
• 9.5 UP TO 100 AMP 67

10 U.S. METER SOCKETS MARKET, BY MATERIAL 68

• 10.1 OVERVIEW 69
• 10.2 METAL 70
• 10.3 COMPOSITE 70
• 10.4 PLASTIC 70

11 U.S. METER SOCKETS MARKET, BY APPLICATION 71

• 11.1 OVERVIEW 72
• 11.2 RESIDENTIAL 73
• 11.3 COMMERCIAL 73
• 11.4 INDUSTRIAL 73
• 11.5 PUBLIC AREA 73
• 11.6 OTHERS 73

12 U.S. METER SOCKETS MARKET, COMPANY LANDSCAPE 74

• 12.1 COMPANY SHARE ANALYSIS: U.S. 74

13 SWOT ANALYSIS 75

14 COMPANY PROFILE 76

• 14.1 EATON 76
  • 14.1.1 COMPANY SNAPSHOT 76
  • 14.1.2 REVENUE ANALYSIS 77
  • 14.1.3 PRODUCT PORTFOLIO 77
  • 14.1.4 RECENT DEVELOPMENT 78

• 14.2 SIEMENS 79
  • 14.2.1 COMPANY SNAPSHOT 79
  • 14.2.2 REVENUE ANALYSIS 79
  • 14.2.3 PRODUCT PORTFOLIO 80
  • 14.2.4 RECENT DEVELOPMENTS 81
• 14.3 SCHNEIDER ELECTRIC 82
  • 14.3.1 COMPANY SNAPSHOT 82
  • 14.3.2 REVENUE ANALYSIS 82
  • 14.3.3 PRODUCT PORTFOLIO 83
  • 14.3.4 RECENT DEVELOPMENTS 83
• 14.4 ABB 84
  • 14.4.1 COMPANY SNAPSHOT 84
  • 14.4.2 REVENUE ANALYSIS 84
  • 14.4.3 PRODUCT PORTFOLIO 85
  • 14.4.4 RECENT DEVELOPMENT 85
• 14.5 LEVITON MANUFACTURING CO., INC. 86
  • 14.5.1 COMPANY SNAPSHOT 86
  • 14.5.2 PRODUCT PORTFOLIO 86
  • 14.5.3 RECENT DEVELOPMENTS 87
• 14.6 BROOKS UTILITY, INC 89
  • 14.6.1 COMPANY SNAPSHOT 89
  • 14.6.2 PRODUCT PORTFOLIO 89
  • 14.6.3 RECENT DEVELOPMENTS 91
• 14.7 MILBANK MANUFACTURING COMPANY 92
  • 14.7.1 COMPANY SNAPSHOT 92
  • 14.7.2 PRODUCT PORTFOLIO 92
  • 14.7.3 RECENT DEVELOPMENTS 92
• 14.8 THE DURHAM COMPANY 93
  • 14.8.1 COMPANY SNAPSHOT 93
  • 14.8.2 PRODUCT PORTFOLIO 93
  • 14.8.3 RECENT DEVELOPMENT 95

15 QUESTIONNAIRE 96

16 RELATED REPORTS 101

LIST OF TABLES

• TABLE 1 BELOW ARE THE LIST OF A FEW METERS SOCKET ALONG WITH THEIR ESTIMATED PRICE LIST 28
• TABLE 2 ELECTRICITY GENERATION, AVERAGE PRICE, AND CONSUMPTION DATA 35
• TABLE 3 U.S. STATE WISE ELECTRICITY AVERAGE PRICES IN CENTS (RESIDENTIAL) 43
• TABLE 4 U.S. STATES WITH THE CHEAPEST ELECTRICITY RATES PER KWH IN CENTS 44
• TABLE 5 U.S. METER SOCKETS MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION) 51
• TABLE 6 U.S. METER SOCKETS MARKET, BY PHASE, 2022-2031 (USD MILLION) 55
• TABLE 7 U.S. METER SOCKETS MARKET, BY DISTRIBUTION CHANNEL, 2022-2031 (USD MILLION) 58
• TABLE 8 U.S. METER SOCKETS MARKET, BY MOUNTING, 2022-2031 (USD MILLION) 61
• TABLE 9 U.S. METER SOCKETS MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION) 64
• TABLE 10 U.S. METER SOCKETS MARKET, BY RATING, 2022-2031 (USD MILLION) 67
• TABLE 11 U.S. METER SOCKETS MARKET, BY MATERIAL, 2022-2031 (USD MILLION) 70
• TABLE 12 U.S. METER SOCKETS MARKET, BY APPLICATION, 2022-2031 (USD MILLION) 73

LIST OF FIGURES

• FIGURE 1 U.S. METER SOCKETS MARKET: SEGMENTATION 13
• FIGURE 2 U.S. METER SOCKETS MARKET: DATA TRIANGULATION 15
• FIGURE 3 U.S. METER SOCKETS MARKET: DROC ANALYSIS 16
• FIGURE 4 U.S. METER SOCKETS MARKET: COUNTRY VS REGIONAL MARKET ANALYSIS 17
• FIGURE 5 U.S. METER SOCKETS MARKET: COMPANY RESEARCH ANALYSIS 17
• FIGURE 6 U.S. METER SOCKETS MARKET: INTERVIEW DEMOGRAPHICS 18
• FIGURE 7 U.S. METER SOCKETS MARKET: DBMR MARKET POSITION GRID 19
• FIGURE 8 U.S. METER SOCKETS MARKET: MARKET APPLICATION COVERAGE GRID 20
• FIGURE 9 U.S. METER SOCKETS MARKET: MULTIVARIATE MODELLING 21
• FIGURE 10 U.S. METER SOCKETS MARKET: PRODUCT TYPE 22
• FIGURE 11 U.S. METER SOCKETS MARKET: SEGMENTATION 26
• FIGURE 12 GROWING UPGRADATION OF AGING INFRASTRUCTURE IS DRIVING THE GROWTH OF THE U.S. METER SOCKETS MARKET IN THE FORECAST PERIOD OF 2024 TO 2031 27
• FIGURE 13 SELF CONTAINED METER SOCKET SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE U.S. METER SOCKETS MARKET FROM 2024 TO 2031 27
• FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE U.S. METER SOCKETS MARKET 33
• FIGURE 15 U.S. INDUSTRIAL SECTOR ELECTRICITY USE (2010-2022) 34
• FIGURE 16 REAL TOTAL MANUFACTURING CONSTRUCTION SPENDING IN U.S. (2005 TO 2023) 37
• FIGURE 17 DATA CENTER POWER CONSUMPTION BY ENTERPRISES, CO-LOCATION COMPANIES, AND HYPERSCALERS (IN GIGAWATTS) 40
• FIGURE 18 U.S. METER SOCKETS MARKET: BY PRODUCT TYPE, 2023 50
• FIGURE 19 U.S. METER SOCKETS MARKET: BY PHASE, 2023 54
• FIGURE 20 U.S. METER SOCKETS MARKET: BY DISTRIBUTION CHANNEL, 2023 57
• FIGURE 21 U.S. METER SOCKETS MARKET: BY MOUNTING, 2023 60
• FIGURE 22 U.S. METER SOCKETS MARKET: BY NUMBER OF JAWS, 2023 63
• FIGURE 23 U.S. METER SOCKETS MARKET: BY RATING, 2023 66
• FIGURE 24 U.S. METER SOCKETS MARKET: BY MATERIAL, 2023 69
• FIGURE 25 U.S. METER SOCKETS MARKET: BY APPLICATION, 2023 72
• FIGURE 26 U.S. METER SOCKETS MARKET: COMPANY SHARE 2023 (%) 74