PUBLISHER: The Business Research Company | PRODUCT CODE: 1987713
PUBLISHER: The Business Research Company | PRODUCT CODE: 1987713
Electricity submetering for smart grids refers to the use of advanced metering devices to measure and monitor electricity consumption at a granular level within buildings, facilities, or individual loads. These submeters collect real-time or near-real-time data and integrate with smart grid platforms for analysis and control. They help to improve energy visibility, efficiency, and grid management through detailed consumption data.
The primary types of electricity submetering for smart grids include smart meters, submeters, communication networks, and other types. Smart meters refer to electronic devices that measure electricity consumption in real time and transmit the data to utilities or building managers for monitoring and management purposes. These solutions are categorized by phases, including single phase, three phase, and other phase types, and use technologies such as advanced metering infrastructure, wireless communication networks, power line communication, cloud-based analytics, and other technologies. They are applied across applications including granular electricity consumption monitoring, energy management, load analysis and forecasting, and other applications, and serve end users such as utilities, commercial buildings, industrial facilities, residential consumers, and other end users.
Tariffs have influenced the electricity submetering for smart grids market by increasing costs for imported smart meters, communication modules, and energy monitoring devices. Segments like residential and commercial submeters, cloud-based analytics, and advanced metering infrastructure are most affected, especially in regions such as Europe and Asia-Pacific that rely on imported components. Positive impacts include incentivizing local manufacturing and boosting domestic technology adoption to mitigate cost pressures.
The electricity submetering for smart grid market size has grown rapidly in recent years. It will grow from $13.9 billion in 2025 to $15.55 billion in 2026 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to increasing adoption of smart grid initiatives, growth in commercial and industrial electricity consumption, deployment of advanced metering infrastructure, regulatory mandates for energy efficiency, rising awareness of energy cost reduction.
The electricity submetering for smart grid market size is expected to see rapid growth in the next few years. It will grow to $24.56 billion in 2030 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to expansion of smart grid networks, increasing use of cloud-based analytics, integration of ai and machine learning for energy optimization, growing adoption of submetering in residential and commercial sectors, rising focus on sustainability and carbon footprint reduction. Major trends in the forecast period include integration with energy management systems, real-time data analytics for load optimization, remote monitoring and control capabilities, demand response enablement, predictive maintenance and fault detection.
The increasing focus on energy efficiency and conservation is anticipated to drive the expansion of the electricity submetering for smart grid market going forward. Energy efficiency and conservation involve reducing energy consumption by using less energy to deliver the same or improved service levels, while minimizing waste through behavioral and operational improvements. The growing emphasis on energy efficiency and conservation is driven by rising energy consumption trends and increasing electricity costs, encouraging governments and industries to implement measures aimed at improving energy performance and reducing waste. Electricity submetering for smart grids supports these efforts by providing detailed consumption visibility, enabling utilities and consumers to optimize usage patterns and reduce unnecessary energy losses. For instance, in November 2025, according to the International Energy Agency (IEA), a France-based intergovernmental organization, global primary energy intensity is projected to improve to 1.8% in 2025, up from around 1% in the previous year, supported by expectations of slower global energy demand growth easing to 1.3% in 2025. Therefore, the rising focus on energy efficiency and conservation is driving the growth of the electricity submetering for smart grid market.
Leading companies in the electricity submetering for smart grid market are concentrating on developing advanced innovations such as smart electricity submetering to enhance real-time energy transparency, grid interoperability, and energy efficiency optimization. A smart electricity submetering system is a digital metering solution that enables precise, automated measurement and analysis of electricity consumption at granular levels. For example, in November 2023, Techem GmbH, a German-based provider of smart and sustainable building services, announced its smart meter operation for Deutsche Investment. The solution enables accurate electricity and gas consumption analysis through automated data collection and web-based visualization, supporting informed energy efficiency decisions. It also strengthens smart grid compatibility by facilitating seamless data exchange, reducing manual processes, and underpinning Environmental, Social, and Governance reporting compliance.
In November 2023, Gridspertise, an Italy-based smart grid technology provider, acquired Aidon Oy for an undisclosed amount. Through this transaction, Gridspertise aimed to accelerate growth in advanced smart metering and grid digitalization throughout Nordic markets while reinforcing its smart grid solutions portfolio. Aidon Oy is a Finland-based company supplying smart grid and advanced metering infrastructure products, including metering hardware, software platforms, and related services.
Major companies operating in the electricity submetering for smart grid market are Siemens AG, General Electric Company, Schneider Electric SE, Honeywell International Inc., Sensus (Xylem Inc.), Diehl Metering GmbH, Sagemcom, Itron Inc., Landis+Gyr AG, Ningbo Sanxing Electric, Wasion Group Holdings Ltd., Badger Meter Inc., Holley Technology Ltd., Aidon Oy, Kamstrup A/S, Hexing Group, Aclara Technologies LLC, Apator S.A., EDMI Limited, HPL Electric & Power Ltd, Genus Power Infrastructures Ltd, Trilliant Holdings Inc., Iskraemeco d.d., CyanConnode, Paradox Engineering SA, Elster Group GmbH, IntelliSmart Infrastructure Pvt Ltd
North America was the largest region in the electricity submetering for smart grid market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electricity submetering for smart grid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electricity submetering for smart grid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electricity submetering for smart grids market consists of revenues earned by entities by providing services such as installation services, system integration services, data monitoring services, data analytics services, billing and reporting services, maintenance and support services, consulting services. The market value includes the value of related goods sold by the service provider or included within the service offering. The electricity submetering for smart grids markets also includes sales of electricity submeters, smart metering devices, communication modules, data management software, energy monitoring software, control and management platforms. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The electricity submetering for smart grid market research report is one of a series of new reports from The Business Research Company that provides electricity submetering for smart grid market statistics, including electricity submetering for smart grid industry global market size, regional shares, competitors with a electricity submetering for smart grid market share, detailed electricity submetering for smart grid market segments, market trends and opportunities, and any further data you may need to thrive in the electricity submetering for smart grid industry. This electricity submetering for smart grid market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Electricity Submetering For Smart Grid Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses electricity submetering for smart grid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electricity submetering for smart grid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electricity submetering for smart grid market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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