North America Solar Power Meter Market Size, Share & Industry Analysis Report By Technology, By End Use Industry, By Product Type, By Application, By Country and Growth Forecast, 2025

List of Tables

The North America Solar Power Meter Market would witness market growth of 9.8% CAGR during the forecast period (2025-2032).

The US market dominated the North America Solar Power Meter Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,633.3 Million by 2032. The Canada market is experiencing a CAGR of 12.6% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 11.1% during (2025 - 2032).

The North American solar power meter market has evolved significantly over the past two decades, paralleling the region's growing commitment to renewable energy. The United States and Canada have been at the forefront of this transition, driven by government incentives, technological advancements, and increasing environmental awareness. Initiatives like the U.S. Department of Energy's SunShot Initiative aimed to make solar energy cost-competitive with other forms of electricity, thereby accelerating solar adoption.

As solar installations proliferated, the need for accurate measurement and monitoring became paramount. This led to the development and adoption of advanced solar power meters capable of real-time data acquisition, remote monitoring, and integration with smart grid systems. These meters play a crucial role in assessing system performance, ensuring optimal energy yield, and facilitating net metering arrangements.

The United States stands as a significant player in the solar power meter market, driven by a robust renewable energy sector and supportive federal policies. The Inflation Reduction Act (IRA) has been pivotal in accelerating solar installations, offering substantial tax credits and incentives for clean energy technologies. This legislative support has catalyzed growth across residential, commercial, and utility-scale solar projects, necessitating advanced metering solutions to monitor and optimize energy output.

Canada's solar power meter market is experiencing steady growth, underpinned by the country's commitment to renewable energy and sustainability goals. Government incentives, such as tax credits and rebates, have encouraged the adoption of solar PV systems across residential, commercial, and industrial sectors. This surge in solar installations has increased the demand for efficient metering solutions to monitor system performance and energy output.

Mexico's solar power meter market is integral to the country's expanding renewable energy sector. Favorable climate conditions, abundant sunlight, and government initiatives to promote clean energy have driven the growth of solar PV installations, thereby increasing the demand for accurate and reliable metering solutions.

The broader North American region, encompassing countries beyond the United States, Canada, and Mexico, is witnessing a growing interest in solar energy, driven by environmental concerns and the pursuit of energy independence. This trend is fostering the development of the solar power meter market, as accurate energy monitoring becomes essential for optimizing solar installations.

Key influencing factors include supportive government policies, technological advancements, and increasing investments in renewable energy infrastructure. The integration of smart grid technologies and the emphasis on energy efficiency are further propelling the adoption of advanced metering solutions across the region. Thus, North America's solar power meter market is on a clear trajectory of digital transformation, with smart metering playing a pivotal role in achieving energy autonomy, grid modernization, and the region's broader decarbonization goals.

Based on Technology, the market is segmented into Digital, and Analog. Based on End Use, the market is segmented into Residential, Commercial, and Industrial. Based on Product, the market is segmented into Net Meter, Bi-Directional Meter, Dual Meter, and Other Product. Based on Measurement, the market is segmented into Energy Measurement, Power Measurement, Current Measurement, Voltage Measurement, and Other Measurement. Based on Integration Type, the market is segmented into On-grid Solar Power Meters, Off-grid Solar Power Meters, and Handheld Solar Power Meters. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Solar Light Company, LLC
PCE Instruments India Private Ltd. (PCE Holding AG)
TES Electrical Electronic Corp.
EKO Instruments Co., Ltd.
General Tools & Instruments LLC (Global Transport Investments Inc.)
Jaycar Pty. Ltd.
Fluke Corporation (Fortive Corporation)
Canstar Blue Pty Ltd
Teledyne FLIR LLC (Teledyne Technologies Incorporated)
OTT HydroMet B.V. (Kipp & Zonen)

North America Solar Power Meter Market Report Segmentation

By Technology

Digital
Analog

By End Use

Residential
Commercial
Industrial

By Product

Net Meter
Bi-Directional Meter
Dual Meter
Other Product

By Measurement

Energy Measurement
Power Measurement
Current Measurement
Voltage Measurement
Other Measurement

By Integration Type

On-grid Solar Power Meters
Off-grid Solar Power Meters
Handheld Solar Power Meters

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Solar Power Meter Market, by Technology
- 1.4.2 North America Solar Power Meter Market, by End Use
- 1.4.3 North America Solar Power Meter Market, by Product
- 1.4.4 North America Solar Power Meter Market, by Measurement
- 1.4.5 North America Solar Power Meter Market, by Integration Type
- 1.4.6 North America Solar Power Meter Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Product Launches and Product Expansions
- 4.2.2 Acquisition and Mergers
4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2021-2025)
- 4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Jan - 2025, Apr) Leading Players
4.4 Porter Five Forces Analysis

Chapter 5. Value Chain Analysis of Solar Power Meter Market

5.1 Raw Material Procurement
5.2 Component Manufacturing
5.3 Assembly & Integration
5.4 Calibration & Testing
5.5 Sales & Marketing
5.6 Distribution & Logistics
5.7 Installation & Integration
5.8 After-Sales Service & Support
5.9 End-Use Application

Chapter 6. Key Costumer Criteria of Solar Power Meter Market

Chapter 7. North America Solar Power Meter Market by Technology

7.1 North America Digital Market by Region
7.2 North America Analog Market by Region

Chapter 8. North America Solar Power Meter Market by End Use

8.1 North America Residential Market by Country
8.2 North America Commercial Market by Country
8.3 North America Industrial Market by Country

Chapter 9. North America Solar Power Meter Market by Product

9.1 North America Net Meter Market by Country
9.2 North America Bi-Directional Meter Market by Country
9.3 North America Dual Meter Market by Country
9.4 North America Other Product Market by Country

Chapter 10. North America Solar Power Meter Market by Measurement

10.1 North America Energy Measurement Market by Country
10.2 North America Power Measurement Market by Country
10.3 North America Current Measurement Market by Country
10.4 North America Voltage Measurement Market by Country
10.5 North America Other Measurement Market by Country

Chapter 11. North America Solar Power Meter Market by Integration Type

11.1 North America On-grid Solar Power Meters Market by Country
11.2 North America Off-grid Solar Power Meters Market by Country
11.3 North America Handheld Solar Power Meters Market by Country

Chapter 12. North America Solar Power Meter Market by Country

12.1 US Solar Power Meter Market
- 12.1.1 US Solar Power Meter Market by Technology
- 12.1.2 US Solar Power Meter Market by End Use
- 12.1.3 US Solar Power Meter Market by Product
- 12.1.4 US Solar Power Meter Market by Measurement
- 12.1.5 US Solar Power Meter Market by Integration Type
12.2 Canada Solar Power Meter Market
- 12.2.1 Canada Solar Power Meter Market by Technology
- 12.2.2 Canada Solar Power Meter Market by End Use
- 12.2.3 Canada Solar Power Meter Market by Product
- 12.2.4 Canada Solar Power Meter Market by Measurement
- 12.2.5 Canada Solar Power Meter Market by Integration Type
12.3 Mexico Solar Power Meter Market
- 12.3.1 Mexico Solar Power Meter Market by Technology
- 12.3.2 Mexico Solar Power Meter Market by End Use
- 12.3.3 Mexico Solar Power Meter Market by Product
- 12.3.4 Mexico Solar Power Meter Market by Measurement
- 12.3.5 Mexico Solar Power Meter Market by Integration Type
12.4 Rest of North America Solar Power Meter Market
- 12.4.1 Rest of North America Solar Power Meter Market by Technology
- 12.4.2 Rest of North America Solar Power Meter Market by End Use
- 12.4.3 Rest of North America Solar Power Meter Market by Product
- 12.4.4 Rest of North America Solar Power Meter Market by Measurement
- 12.4.5 Rest of North America Solar Power Meter Market by Integration Type

Chapter 13. Company Profiles

13.1 Solar Light Company, LLC
- 13.1.1 Company Overview
- 13.1.2 Recent strategies and developments:
  - 13.1.2.1 Product Launches and Product Expansions:
13.2 PCE Instruments India Private Ltd. (PCE Holding AG)
- 13.2.1 Company Overview
13.3 TES Electrical Electronic Corp.
- 13.3.1 Company Overview
13.4 EKO Instruments Co., Ltd.
- 13.4.1 Company Overview
- 13.4.2 Recent strategies and developments:
  - 13.4.2.1 Product Launches and Product Expansions:
13.5 General Tools & Instruments LLC (Global Transport Investments Inc.)
- 13.5.1 Company Overview
13.6 Jaycar Pty. Ltd.
- 13.6.1 Company Overview
13.7 Fluke Corporation (Fortive Corporation)
- 13.7.1 Company Overview
- 13.7.2 Financial Analysis
- 13.7.3 Segmental and Regional Analysis
- 13.7.4 Research & Development Expense
- 13.7.5 Recent strategies and developments:
  - 13.7.5.1 Product Launches and Product Expansions:
  - 13.7.5.2 Acquisition and Mergers:
13.8 Canstar Blue Pty Ltd
- 13.8.1 Company Overview
13.9 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- 13.9.1 Company Overview
- 13.9.2 Financial Analysis
- 13.9.3 Segmental and Regional Analysis
- 13.9.4 Research & Development Expenses
- 13.9.5 Recent strategies and developments:
  - 13.9.5.1 Product Launches and Product Expansions:
- 13.9.6 SWOT Analysis
13.10. OTT HydroMet B.V. (Kipp & Zonen)
- 13.10.1 Company Overview
- 13.10.2 Recent strategies and developments:
  - 13.10.2.1 Product Launches and Product Expansions:

LIST OF TABLES

TABLE 1 North America Solar Power Meter Market, 2021 - 2024, USD Million
TABLE 2 North America Solar Power Meter Market, 2025 - 2032, USD Million
TABLE 3 Product Launches And Product Expansions- Solar Power Meter Market
TABLE 4 Acquisition and Mergers- Solar Power Meter Market
TABLE 5 Key Costumer Criteria of Solar Power Meter Market
TABLE 6 North America Solar Power Meter Market by Technology, 2021 - 2024, USD Million
TABLE 7 North America Solar Power Meter Market by Technology, 2025 - 2032, USD Million
TABLE 8 North America Digital Market by Region, 2021 - 2024, USD Million
TABLE 9 North America Digital Market by Region, 2025 - 2032, USD Million
TABLE 10 North America Analog Market by Region, 2021 - 2024, USD Million
TABLE 11 North America Analog Market by Region, 2025 - 2032, USD Million
TABLE 12 Use Case - 1: Smart Urban Solar Energy Audits with Digital Power Meters (2025)
TABLE 13 Use Case - 2: Off-Grid Solar Farm Maintenance with Analog Solar Power Meters (2025)
TABLE 14 North America Solar Power Meter Market by End Use, 2021 - 2024, USD Million
TABLE 15 North America Solar Power Meter Market by End Use, 2025 - 2032, USD Million
TABLE 16 North America Residential Market by Country, 2021 - 2024, USD Million
TABLE 17 North America Residential Market by Country, 2025 - 2032, USD Million
TABLE 18 North America Commercial Market by Country, 2021 - 2024, USD Million
TABLE 19 North America Commercial Market by Country, 2025 - 2032, USD Million
TABLE 20 North America Industrial Market by Country, 2021 - 2024, USD Million
TABLE 21 North America Industrial Market by Country, 2025 - 2032, USD Million
TABLE 22 North America Solar Power Meter Market by Product, 2021 - 2024, USD Million
TABLE 23 North America Solar Power Meter Market by Product, 2025 - 2032, USD Million
TABLE 24 North America Net Meter Market by Country, 2021 - 2024, USD Million
TABLE 25 North America Net Meter Market by Country, 2025 - 2032, USD Million
TABLE 26 North America Bi-Directional Meter Market by Country, 2021 - 2024, USD Million
TABLE 27 North America Bi-Directional Meter Market by Country, 2025 - 2032, USD Million
TABLE 28 North America Dual Meter Market by Country, 2021 - 2024, USD Million
TABLE 29 North America Dual Meter Market by Country, 2025 - 2032, USD Million
TABLE 30 North America Other Product Market by Country, 2021 - 2024, USD Million
TABLE 31 North America Other Product Market by Country, 2025 - 2032, USD Million
TABLE 32 Use Case - 1: Residential Rooftop Net Metering for Smart Billing in India (2025)
TABLE 33 Use Case - 2: Commercial Solar Farms with Bi-directional Metering for Grid Interaction (2025)
TABLE 34 Use Case - 3: Rural Dual Meter Setup for Hybrid Solar-Diesel Systems in Southeast Asia (2025)
TABLE 35 Use Case - 4: Industrial Solar Installations Using Specialized Meters (Others Category) for Load Profiling (2025)
TABLE 36 North America Solar Power Meter Market by Measurement, 2021 - 2024, USD Million
TABLE 37 North America Solar Power Meter Market by Measurement, 2025 - 2032, USD Million
TABLE 38 North America Energy Measurement Market by Country, 2021 - 2024, USD Million
TABLE 39 North America Energy Measurement Market by Country, 2025 - 2032, USD Million
TABLE 40 North America Power Measurement Market by Country, 2021 - 2024, USD Million
TABLE 41 North America Power Measurement Market by Country, 2025 - 2032, USD Million
TABLE 42 North America Current Measurement Market by Country, 2021 - 2024, USD Million
TABLE 43 North America Current Measurement Market by Country, 2025 - 2032, USD Million
TABLE 44 North America Voltage Measurement Market by Country, 2021 - 2024, USD Million
TABLE 45 North America Voltage Measurement Market by Country, 2025 - 2032, USD Million
TABLE 46 North America Other Measurement Market by Country, 2021 - 2024, USD Million
TABLE 47 North America Other Measurement Market by Country, 2025 - 2032, USD Million
TABLE 48 Use Case - 1: Smart Net Billing via Energy Measurement Meters in Urban Solar Projects (2025)
TABLE 49 Use Case - 2: Real-Time Power Measurement for Dynamic PV Load Matching (2025)
TABLE 50 Use Case - 3: Industrial Solar Inverter Health Monitoring via Current Measurement (2025)
TABLE 51 Use Case - 4: Grid Stability Monitoring Using Voltage Measurement Meters (2025)
TABLE 52 Use Case - 5: Educational & Research Applications of Specialized Solar Measurement (Others Category) (2025)
TABLE 53 North America Solar Power Meter Market by Integration Type, 2021 - 2024, USD Million
TABLE 54 North America Solar Power Meter Market by Integration Type, 2025 - 2032, USD Million
TABLE 55 North America On-grid Solar Power Meters Market by Country, 2021 - 2024, USD Million
TABLE 56 North America On-grid Solar Power Meters Market by Country, 2025 - 2032, USD Million
TABLE 57 North America Off-grid Solar Power Meters Market by Country, 2021 - 2024, USD Million
TABLE 58 North America Off-grid Solar Power Meters Market by Country, 2025 - 2032, USD Million
TABLE 59 North America Handheld Solar Power Meters Market by Country, 2021 - 2024, USD Million
TABLE 60 North America Handheld Solar Power Meters Market by Country, 2025 - 2032, USD Million
TABLE 61 Use Case - 1: On-Grid Solar Power Meters for Smart Utility Billing in Australia (2025)
TABLE 62 Use Case - 2: Off-Grid Solar Metering in Remote Health Clinics across Sub-Saharan Africa (2025)
TABLE 63 Use Case - 3: Handheld Solar Power Meters for Field Audits & Educational Demonstrations (2025)
TABLE 64 North America Solar Power Meter Market by Country, 2021 - 2024, USD Million
TABLE 65 North America Solar Power Meter Market by Country, 2025 - 2032, USD Million
TABLE 66 US Solar Power Meter Market, 2021 - 2024, USD Million
TABLE 67 US Solar Power Meter Market, 2025 - 2032, USD Million
TABLE 68 US Solar Power Meter Market by Technology, 2021 - 2024, USD Million
TABLE 69 US Solar Power Meter Market by Technology, 2025 - 2032, USD Million
TABLE 70 US Solar Power Meter Market by End Use, 2021 - 2024, USD Million
TABLE 71 US Solar Power Meter Market by End Use, 2025 - 2032, USD Million
TABLE 72 US Solar Power Meter Market by Product, 2021 - 2024, USD Million
TABLE 73 US Solar Power Meter Market by Product, 2025 - 2032, USD Million
TABLE 74 US Solar Power Meter Market by Measurement, 2021 - 2024, USD Million
TABLE 75 US Solar Power Meter Market by Measurement, 2025 - 2032, USD Million
TABLE 76 US Solar Power Meter Market by Integration Type, 2021 - 2024, USD Million
TABLE 77 US Solar Power Meter Market by Integration Type, 2025 - 2032, USD Million
TABLE 78 Canada Solar Power Meter Market, 2021 - 2024, USD Million
TABLE 79 Canada Solar Power Meter Market, 2025 - 2032, USD Million
TABLE 80 Canada Solar Power Meter Market by Technology, 2021 - 2024, USD Million
TABLE 81 Canada Solar Power Meter Market by Technology, 2025 - 2032, USD Million
TABLE 82 Canada Solar Power Meter Market by End Use, 2021 - 2024, USD Million
TABLE 83 Canada Solar Power Meter Market by End Use, 2025 - 2032, USD Million
TABLE 84 Canada Solar Power Meter Market by Product, 2021 - 2024, USD Million
TABLE 85 Canada Solar Power Meter Market by Product, 2025 - 2032, USD Million
TABLE 86 Canada Solar Power Meter Market by Measurement, 2021 - 2024, USD Million
TABLE 87 Canada Solar Power Meter Market by Measurement, 2025 - 2032, USD Million
TABLE 88 Canada Solar Power Meter Market by Integration Type, 2021 - 2024, USD Million
TABLE 89 Canada Solar Power Meter Market by Integration Type, 2025 - 2032, USD Million
TABLE 90 Mexico Solar Power Meter Market, 2021 - 2024, USD Million
TABLE 91 Mexico Solar Power Meter Market, 2025 - 2032, USD Million
TABLE 92 Mexico Solar Power Meter Market by Technology, 2021 - 2024, USD Million
TABLE 93 Mexico Solar Power Meter Market by Technology, 2025 - 2032, USD Million
TABLE 94 Mexico Solar Power Meter Market by End Use, 2021 - 2024, USD Million
TABLE 95 Mexico Solar Power Meter Market by End Use, 2025 - 2032, USD Million
TABLE 96 Mexico Solar Power Meter Market by Product, 2021 - 2024, USD Million
TABLE 97 Mexico Solar Power Meter Market by Product, 2025 - 2032, USD Million
TABLE 98 Mexico Solar Power Meter Market by Measurement, 2021 - 2024, USD Million
TABLE 99 Mexico Solar Power Meter Market by Measurement, 2025 - 2032, USD Million
TABLE 100 Mexico Solar Power Meter Market by Integration Type, 2021 - 2024, USD Million
TABLE 101 Mexico Solar Power Meter Market by Integration Type, 2025 - 2032, USD Million
TABLE 102 Rest of North America Solar Power Meter Market, 2021 - 2024, USD Million
TABLE 103 Rest of North America Solar Power Meter Market, 2025 - 2032, USD Million
TABLE 104 Rest of North America Solar Power Meter Market by Technology, 2021 - 2024, USD Million
TABLE 105 Rest of North America Solar Power Meter Market by Technology, 2025 - 2032, USD Million
TABLE 106 Rest of North America Solar Power Meter Market by End Use, 2021 - 2024, USD Million
TABLE 107 Rest of North America Solar Power Meter Market by End Use, 2025 - 2032, USD Million
TABLE 108 Rest of North America Solar Power Meter Market by Product, 2021 - 2024, USD Million
TABLE 109 Rest of North America Solar Power Meter Market by Product, 2025 - 2032, USD Million
TABLE 110 Rest of North America Solar Power Meter Market by Measurement, 2021 - 2024, USD Million
TABLE 111 Rest of North America Solar Power Meter Market by Measurement, 2025 - 2032, USD Million
TABLE 112 Rest of North America Solar Power Meter Market by Integration Type, 2021 - 2024, USD Million
TABLE 113 Rest of North America Solar Power Meter Market by Integration Type, 2025 - 2032, USD Million
TABLE 114 Key Information - Solar Light Company, LLC
TABLE 115 Key Information - PCE Instruments India Private Ltd.
TABLE 116 Key Information - TES Electrical Electronic Corp.
TABLE 117 Key Information - EKO Instruments Co., Ltd.
TABLE 118 Key Information - General Tools & Instruments LLC
TABLE 119 Key Information - Jaycar Pty. Ltd.
TABLE 120 Key Information - Fluke Corporation
TABLE 121 Key Information - Canstar Blue Pty Ltd
TABLE 122 Key Information - Teledyne FLIR LLC
TABLE 123 Key Information - OTT HydroMet B.V.

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 North America Solar Power Meter Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Solar Power Meter Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions: 2022, Jan - 2025, Apr) Leading Players
FIG 7 Porter's Five Forces Analysis - Solar Power Meter Market
FIG 8 Value Chain Analysis of Solar Power Meter Market
FIG 9 Key Costumer Criteria of Solar Power Meter Market
FIG 10 North America Solar Power Meter Market share by Technology, 2024
FIG 11 North America Solar Power Meter Market share by Technology, 2032
FIG 12 North America Solar Power Meter Market by Technology, 2021 - 2032, USD Million
FIG 13 North America Solar Power Meter Market share by End Use, 2024
FIG 14 North America Solar Power Meter Market share by End Use, 2032
FIG 15 North America Solar Power Meter Market by End Use, 2021 - 2032, USD Million
FIG 16 North America Solar Power Meter Market share by Product, 2024
FIG 17 North America Solar Power Meter Market share by Product, 2032
FIG 18 North America Solar Power Meter Market by Product, 2021 - 2032, USD Million
FIG 19 North America Solar Power Meter Market share by Measurement, 2024
FIG 20 North America Solar Power Meter Market share by Measurement, 2032
FIG 21 North America Solar Power Meter Market by Measurement, 2021 - 2032, USD Million
FIG 22 North America Solar Power Meter Market share by Integration Type, 2024
FIG 23 North America Solar Power Meter Market share by Integration Type, 2032
FIG 24 North America Solar Power Meter Market by Integration Type, 2021 - 2032, USD Million
FIG 25 North America Solar Power Meter Market share by Country, 2024
FIG 26 North America Solar Power Meter Market share by Country, 2032
FIG 27 North America Solar Power Meter Market by Country, 2021 - 2032, USD Million
FIG 28 Recent strategies and developments: Fluke Corporation
FIG 29 SWOT Analysis: Teledyne FLIR LLC

North America Solar Power Meter Market Size, Share & Industry Analysis Report By Technology, By End Use Industry, By Product Type, By Application, By Country and Growth Forecast, 2025 - 2032

Description

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