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    US Energy Measurement ICs Market

    ID: MRFR/SEM/12789-HCR
    100 Pages
    Ankit Gupta
    October 2025

    United States Energy Measurement Ics Industry Research Report to 2035

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    US Energy Measurement ICs Market Infographic
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    US Energy Measurement ICs Market Summary

    As per MRFR analysis, the US Energy Measurement ICS Market Size was estimated at 870.54 USD Million in 2024. The US energy measurement-ics market is projected to grow from 929.04 USD Million in 2025 to 1780.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.72% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US The US energy measurement-ics market is experiencing a transformative shift. This shift is towards smart technologies and real-time monitoring solutions.

    • The integration of smart technologies is reshaping the landscape of the energy measurement-ics market.
    • Real-time monitoring is increasingly demanded by consumers and businesses alike, enhancing operational efficiency.
    • Sustainability remains a focal point, driving innovations in energy measurement solutions.
    • Regulatory compliance and technological advancements in measurement devices are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 870.54 (USD Million)
    2035 Market Size 1780.0 (USD Million)

    Major Players

    Siemens (DE), Schneider Electric (FR), Honeywell (US), General Electric (US), Emerson Electric (US), Rockwell Automation (US), ABB (CH), Eaton (US), Fluke Corporation (US)

    US Energy Measurement ICs Market Trends

    The market is currently experiencing a transformative phase, driven by advancements in technology and increasing regulatory demands. The integration of smart technologies into energy measurement systems appears to enhance efficiency and accuracy, which is crucial for both consumers and businesses. As energy consumption patterns evolve, the need for precise measurement tools becomes more pronounced. This shift is likely influenced by a growing emphasis on sustainability and energy conservation, prompting stakeholders to seek innovative solutions that align with these objectives. Furthermore, the rise of renewable energy sources necessitates sophisticated measurement techniques to monitor and manage energy flows effectively. In addition, The market is witnessing a surge in demand for data analytics and real-time monitoring capabilities. This trend suggests that stakeholders are increasingly recognizing the value of data-driven insights in optimizing energy usage and reducing costs. The potential for enhanced decision-making through advanced analytics tools may lead to more informed strategies for energy management. As the market continues to evolve, it is essential for industry players to stay abreast of technological advancements and regulatory changes to maintain a competitive edge.

    Integration of Smart Technologies

    The incorporation of smart technologies into energy measurement systems is reshaping the landscape. These innovations enhance accuracy and efficiency, catering to the evolving needs of consumers and businesses alike.

    Demand for Real-Time Monitoring

    There is a growing demand for real-time monitoring capabilities within the energy measurement-ics market. This trend indicates a shift towards data-driven decision-making, allowing stakeholders to optimize energy usage.

    Focus on Sustainability

    A heightened focus on sustainability is influencing the energy measurement-ics market. Stakeholders are increasingly seeking solutions that align with energy conservation goals, driving innovation in measurement techniques.

    US Energy Measurement ICs Market Drivers

    Growing Focus on Energy Efficiency

    The increasing emphasis on energy efficiency is a significant driver for the energy measurement-ics market. As organizations and consumers alike seek to reduce energy consumption and lower costs, the demand for precise measurement tools has surged. Energy efficiency initiatives, often supported by government incentives, encourage the adoption of advanced measurement technologies. For example, the U.S. government has implemented various programs aimed at promoting energy-efficient practices, which in turn boosts the energy measurement-ics market. This focus on efficiency not only helps in reducing operational costs but also contributes to sustainability goals, making it a dual benefit for stakeholders. The market is likely to continue expanding as more entities recognize the value of accurate energy measurement in achieving efficiency targets.

    Regulatory Compliance and Standards

    The energy measurement-ics market is increasingly influenced by stringent regulatory frameworks and standards set by government bodies. Compliance with these regulations is essential for companies operating in this sector, as non-compliance can lead to significant penalties. For instance, the U.S. Department of Energy has established guidelines that mandate accurate energy measurement for various applications. This regulatory environment drives demand for advanced measurement technologies that ensure compliance, thereby fostering growth in the energy measurement-ics market. Furthermore, adherence to these standards often necessitates investment in new technologies, which can lead to increased market activity and innovation. As regulations evolve, companies must adapt their measurement solutions to meet new requirements, indicating a dynamic interplay between regulation and market development.

    Rising Energy Costs and Economic Pressures

    Fluctuating energy prices and economic pressures are compelling businesses and consumers to seek better energy management solutions. The energy measurement-ics market is experiencing heightened demand as organizations strive to monitor and control their energy expenditures more effectively. With energy costs rising, companies are increasingly investing in measurement technologies that provide insights into consumption patterns and identify areas for cost savings. This trend is particularly evident in sectors such as manufacturing and commercial real estate, where energy costs can significantly impact the bottom line. As economic conditions evolve, the need for effective energy management solutions is likely to drive further growth in the energy measurement-ics market, as stakeholders look for ways to mitigate financial risks associated with energy consumption.

    Increased Adoption of Renewable Energy Sources

    The transition towards renewable energy sources is reshaping the energy measurement-ics market. As more organizations integrate solar, wind, and other renewable technologies into their energy portfolios, the need for accurate measurement and monitoring becomes paramount. This shift necessitates advanced measurement solutions that can handle the complexities associated with variable energy generation. The market is poised for growth as companies seek to optimize the performance of their renewable energy systems. Furthermore, government incentives and policies promoting renewable energy adoption are likely to bolster this trend, creating a favorable environment for investment in measurement technologies. As the landscape of energy generation evolves, the demand for precise measurement tools will continue to rise, indicating a robust future for the energy measurement-ics market.

    Technological Advancements in Measurement Devices

    Technological innovation plays a pivotal role in shaping the energy measurement-ics market. The advent of sophisticated measurement devices, such as smart meters and IoT-enabled sensors, has revolutionized how energy consumption is monitored and managed. These devices provide real-time data, enhancing operational efficiency and enabling better decision-making. According to recent data, the market for smart meters alone is projected to reach approximately $10 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 8%. This surge in demand for advanced measurement technologies indicates a broader trend towards automation and data analytics in the energy sector. Consequently, companies that invest in cutting-edge measurement solutions are likely to gain a competitive edge in the energy measurement-ics market.

    Market Segment Insights

    By Application: Smart Meters (Largest) vs. Electric Vehicles (Fastest-Growing)

    The US energy measurement-ics market showcases a varied distribution of market shares among its application segments. Smart meters dominate the landscape, representing a significant portion of the market due to the rising demand for digital solutions in energy management. Other applications, such as industrial automation and renewable energy systems, also hold substantial shares, reflecting the growing emphasis on efficiency and sustainable solutions in the energy sector. Growth trends indicate a robust trajectory for electric vehicles, which are emerging as the fastest-growing segment in the US energy measurement-ics market. Factors driving this growth include advancements in technology, increasing environmental concerns, and government incentives promoting electric vehicle adoption. Additionally, home automation solutions are gaining traction, further underscoring the market's shift towards innovative energy management technologies.

    Smart Meters (Dominant) vs. Electric Vehicles (Emerging)

    Smart meters represent the dominant force in the US energy measurement-ics market, characterized by their ability to provide real-time data and facilitate effective energy management for both consumers and suppliers. These devices enhance energy efficiency, reduce consumption costs, and support grid modernization. In contrast, electric vehicles, as an emerging segment, are becoming increasingly important with their rapid adoption driven by technological advancements and a greater focus on sustainable transportation solutions. Electric vehicles not only contribute to reduced carbon emissions but also create new opportunities for energy management and distribution, particularly when paired with renewable energy systems.

    By Type: Digital ICs (Largest) vs. Mixed-Signal ICs (Fastest-Growing)

    In the US energy measurement-ics market, Digital ICs hold the largest market share among the three segment values, driven by their efficiency and integration capabilities. Analog ICs, while important, represent a smaller portion of the market due to the declining demand for traditional measurement solutions. Mixed-Signal ICs are gaining traction, primarily due to their ability to combine analog and digital functionalities in a single chip, appealing to a broader range of applications. The growth trends for these segments indicate a robust future for Digital ICs as they continue to dominate market sales. Mixed-Signal ICs are identified as the fastest-growing segment, fueled by increasing demand for versatile and multifunctional energy measurement solutions. Innovations in technology and the push for smarter energy management systems are driving this growth, indicating a shift towards more integrated solutions that can handle complex data processing tasks.

    Analog ICs (Dominant) vs. Digital ICs (Emerging)

    Analog ICs are the dominant player in energy measurement applications, widely used for their reliable performance in measuring continuous signals. These ICs are essential for providing accurate data in various energy systems, such as power monitoring and control. On the other hand, Digital ICs are emerging as an important segment due to the technological advancements and increasing need for efficiency in energy measurement. They facilitate precise computations and are suited for modern smart grids and energy management systems. The competition between these segment values reflects the ongoing transition in the industry, highlighting the growing importance of both traditional and modern solutions in meeting energy measurement needs.

    By End Use: Residential (Largest) vs. Commercial (Fastest-Growing)

    In the US energy measurement-ics market, the distribution of market share among the end use segments prominently features Residential as the largest segment. It serves as a critical segment due to the escalating demand for energy efficiency and sustainability solutions among homeowners, driving up its share significantly. On the other hand, the Commercial segment is experiencing rapid growth, fueled by the increasing adoption of smart energy systems and technological advancements in energy management across various commercial establishments. The growth trends indicate a shift towards innovative energy solutions with a strong emphasis on sustainability. The Residential segment is being bolstered by regulatory support for energy-efficient appliances and technologies, while the Commercial segment benefits from investments in smart building technologies and real-time energy monitoring systems. This dual trend showcases a robust outlook for both segments as they cater to the evolving needs of consumers and businesses for energy measurement and efficiency.

    Residential (Dominant) vs. Commercial (Emerging)

    The Residential segment has emerged as the dominant force in the US energy measurement-ics market, primarily due to the increasing awareness of energy consumption and the drive towards reducing carbon footprints at the household level. Households are making substantial investments in energy-efficient devices and systems, leading to enhanced demand for accurate measurement solutions. In contrast, the Commercial segment is labeled as emerging, driven by the rapid advancement of technologies like IoT and AI in managing energy usage effectively. Businesses are now prioritizing energy analytics to optimize costs and improve operational efficiency, marking a significant shift from conventional energy practices to more innovative, data-driven approaches.

    By Technology: RFID (Largest) vs. Wireless Communication (Fastest-Growing)

    In the segment of technology, RFID has proven to be the largest player, commanding a significant share of the US energy measurement-ics market. This segment benefits from the wide adoption of RFID solutions for item tracking and inventory management, making it a preferred choice for many sectors. Meanwhile, wireless communication is emerging as a competitive option, capturing a growing audience with its advantages in flexibility and integration with existing infrastructures. Growth trends reveal a strong shift towards wireless communication technologies, spurred by advances in IoT and smart grid solutions. As businesses seek more efficient ways to monitor energy usage, the demand for wireless solutions is accelerating. Additionally, the progressive adoption of automation and data analytics in the energy sector is prompting organizations to invest in these innovative communication technologies, positioning them for rapid growth.

    Technology: RFID (Dominant) vs. Wireless Communication (Emerging)

    RFID represents the dominant technology in the market, known for its reliability and efficiency in energy measurement applications. Businesses leverage RFID solutions for real-time data tracking, which enhances operational accuracy and responsiveness. On the other hand, wireless communication technologies are rapidly emerging, appealing to companies pursuing greater interoperability and cost-effectiveness. As organizations evolve to embrace smart infrastructure, wireless technologies are becoming increasingly vital, delivering data transmission capabilities without extensive cabling. This flexibility gives wireless solutions an edge, making them attractive for modern energy management needs.

    Get more detailed insights about US Energy Measurement ICs Market

    Key Players and Competitive Insights

    The energy measurement-ics market is currently characterized by a dynamic competitive landscape, driven by technological advancements and an increasing emphasis on sustainability. Major players such as Siemens (DE), Schneider Electric (FR), and Honeywell (US) are strategically positioning themselves through innovation and digital transformation initiatives. Siemens (DE) focuses on integrating IoT solutions into its energy measurement products, enhancing operational efficiency and data analytics capabilities. Schneider Electric (FR) emphasizes sustainability, leveraging its EcoStruxure platform to provide energy management solutions that optimize resource use. Honeywell (US) is advancing its digital offerings, particularly in smart building technologies, which align with the growing demand for energy efficiency and automation. Collectively, these strategies not only enhance their competitive edge but also shape the market's trajectory towards more integrated and sustainable solutions.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to regional demands. The competitive structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, yet the collective strength of major companies like General Electric (US) and Emerson Electric (US) ensures that they maintain significant market share through strategic partnerships and technological advancements.

    In October 2025, General Electric (US) announced a partnership with a leading renewable energy firm to develop advanced energy measurement solutions tailored for wind and solar applications. This collaboration is strategically important as it positions General Electric (US) at the forefront of the renewable energy sector, enabling them to offer innovative solutions that meet the evolving needs of energy producers. The partnership is expected to enhance their product portfolio and drive growth in a rapidly expanding market segment.

    In September 2025, Emerson Electric (US) launched a new suite of energy measurement tools designed to integrate seamlessly with existing industrial systems. This launch reflects Emerson's commitment to digital transformation and positions the company to capitalize on the increasing demand for smart manufacturing solutions. By enhancing interoperability and data analytics capabilities, Emerson Electric (US) aims to provide customers with actionable insights that can lead to improved operational efficiency and reduced energy consumption.

    In August 2025, Schneider Electric (FR) unveiled its latest energy management software, which incorporates AI-driven analytics to optimize energy usage in commercial buildings. This development underscores Schneider's focus on innovation and sustainability, as it enables clients to achieve significant energy savings while reducing their carbon footprint. The integration of AI into their offerings is likely to enhance customer engagement and loyalty, further solidifying Schneider Electric's (FR) position in the market.

    As of November 2025, current trends in the energy measurement-ics market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the competitive landscape, allowing companies to leverage complementary strengths and enhance their market offerings. Looking ahead, competitive differentiation is expected to evolve, with a notable shift from price-based competition towards innovation, technological advancements, and supply chain reliability. This transition suggests that companies that prioritize R&D and sustainable practices will likely emerge as leaders in the energy measurement-ics market.

    Key Companies in the US Energy Measurement ICs Market market include

    Future Outlook

    US Energy Measurement ICs Market Future Outlook

    The energy measurement-ics market is projected to grow at a 6.72% CAGR from 2024 to 2035, driven by technological advancements, regulatory support, and increasing energy efficiency demands.

    New opportunities lie in:

    • Development of advanced smart metering solutions for residential applications.
    • Expansion of energy analytics services for commercial sectors.
    • Integration of IoT technologies in energy management systems.

    By 2035, the market is expected to achieve robust growth, driven by innovation and increased adoption.

    Market Segmentation

    US Energy Measurement ICs Market Type Outlook

    • Analog ICs
    • Digital ICs
    • Mixed-Signal ICs

    US Energy Measurement ICs Market End Use Outlook

    • Residential
    • Commercial
    • Industrial

    US Energy Measurement ICs Market Technology Outlook

    • RFID
    • Power Line Communication
    • Wireless Communication

    US Energy Measurement ICs Market Application Outlook

    • Smart Meters
    • Industrial Automation
    • Electric Vehicles
    • Renewable Energy Systems
    • Home Automation

    Report Scope

    MARKET SIZE 2024 870.54(USD Million)
    MARKET SIZE 2025 929.04(USD Million)
    MARKET SIZE 2035 1780.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.72% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Siemens (DE), Schneider Electric (FR), Honeywell (US), General Electric (US), Emerson Electric (US), Rockwell Automation (US), ABB (CH), Eaton (US), Fluke Corporation (US)
    Segments Covered Application, Type, End Use, Technology
    Key Market Opportunities Integration of advanced analytics and IoT in energy measurement-ics market enhances efficiency and compliance.
    Key Market Dynamics Technological advancements drive innovation in energy measurement-ics, enhancing efficiency and regulatory compliance in the market.
    Countries Covered US

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