Energy Measurement ICs Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 7.46 Billion
CAGR (2026-2031)	9.42%
Fastest Growing Segment	Active Energy
Largest Market	Asia Pacific
Market Size (2031)	USD 12.80 Billion

Market Overview

The Global Energy Measurement ICs Market will grow from USD 7.46 Billion in 2025 to USD 12.80 Billion by 2031 at a 9.42% CAGR. Energy measurement integrated circuits are specialized semiconductor components designed to acquire and process electrical signals to accurately calculate power consumption in residential, commercial, and industrial systems. The expansion of this market is fundamentally supported by the global imperative for grid modernization and the enforcement of rigorous government mandates requiring precise energy auditing and billing accuracy. These drivers constitute a structural shift toward digitized infrastructure, distinct from temporary technological trends, necessitating the widespread deployment of smart metering hardware.

However, the industry faces significant impediments related to supply chain instability and the fluctuation of raw material availability which can delay production schedules. According to the International Energy Agency, in 2024, global investment in electricity grids was projected to reach USD 400 billion. This substantial capital injection underscores the massive scale of infrastructure requiring these measurement components, yet it simultaneously highlights the pressure on manufacturers to deliver sufficient volumes amidst logistical constraints.

Key Market Drivers

The global deployment of smart grid and Advanced Metering Infrastructure (AMI) serves as the primary engine for the growth of the energy measurement IC market. As utility providers transition from mechanical meters to digital solutions, they require high-precision metrology chips to facilitate bidirectional communication and dynamic load management. This shift is critical for integrating distributed energy resources and ensuring billing accuracy across modernized electrical networks. According to National Grid, November 2024, in the 'Half Year Results 2024/25', the utility delivered a record capital investment of GBP 4.6 billion across its UK and US jurisdictions, explicitly targeting network modernization and the continued rollout of smart metering installations. This widespread infrastructure upgrade necessitates a continuous supply of integrated circuits capable of measuring voltage and current with high granularity to support grid reliability.

Simultaneously, the rapid expansion of electric vehicle charging ecosystems creates a parallel high-growth vector for measurement technologies. Electric Vehicle Supply Equipment (EVSE), particularly fast-charging stations, demands robust metering ICs to ensure precise user billing and safety monitoring under high-voltage conditions. This sector forces manufacturers to develop components that maintain linearity and precision across extreme temperature and power variance. According to the European Automobile Manufacturers’ Association, April 2024, in the 'Automotive Insights' report, the number of public charging points across the European Union reached 632,423, highlighting the scale of infrastructure requiring embedded metrology. Furthermore, the broader electronics environment supports this sectoral demand through increased production capacity. According to the Semiconductor Industry Association, December 2024, in the 'Global Semiconductor Sales Report', global semiconductor industry sales reached USD 56.9 billion in October 2024, driven largely by the industrial and automotive verticals that utilize these critical measurement technologies.

Download Free Sample Report

Key Market Challenges

Supply chain instability and the fluctuation of raw material availability function as primary impediments to the growth of the Energy Measurement ICs market. These logistical disruptions create significant uncertainty in manufacturing planning, directly preventing component suppliers from adhering to strict delivery schedules. When access to raw materials becomes inconsistent, production lines experience downtime, forcing manufacturers to extend lead times. This inability to guarantee product availability discourages potential bulk purchases from utility providers who require strict adherence to deployment timelines for infrastructure upgrades.

The strain on the supply chain is further evidenced by the sheer volume of semiconductor demand competing for these resources. According to the Semiconductor Industry Association, in 2024, global semiconductor industry sales totaled USD 53.1 billion for the month of August. High demand levels of this magnitude place immense pressure on raw material stockpiles and logistical networks. For the energy measurement sector, this intense competition for foundational materials results in increased input volatility and production bottlenecks, thereby limiting the overall pace at which the market can expand.

Key Market Trends

The expansion of embedded energy measurement in consumer IoT and smart appliances is fundamentally reshaping the market as manufacturers integrate granular monitoring capabilities directly into household devices. This trend is driven by the increasing consumer demand for real-time energy visibility and the automation of high-power systems like HVAC and water heaters to optimize efficiency. Modern appliances are shifting from simple on/off operation to sophisticated power management platforms that require precise metrology ICs to track consumption and communicate with home energy management systems. According to Haier Smart Home, March 2025, in the '2024 Annual Report', the company’s GE Appliances division reported a 70% revenue increase in its HVAC segment, explicitly attributing this performance to the rising demand for advanced, energy-efficient residential solutions which rely on these embedded technologies.

Simultaneously, the emergence of multi-channel monitoring for high-density data centers is creating an urgent requirement for specialized metering chips capable of handling the extreme power dynamics of AI workloads. As server racks increase in power density to support artificial intelligence processing, operators are deploying comprehensive monitoring solutions that track voltage and current at the individual rail level to prevent thermal runaway and ensure load balancing. This shift forces semiconductor vendors to develop multi-channel ICs that can isolate and measure multiple high-current inputs within a compact footprint. According to Schneider Electric, October 2025, in the 'Third Quarter 2025 Revenues' report, the company’s Energy Management division achieved a 10% organic growth rate, a performance the CEO directly linked to the sustained and rapid expansion of data center infrastructure globally.

Segmental Insights

The Active Energy segment is currently the fastest-growing category within the Global Energy Measurement ICs Market. This rapid expansion is primarily driven by the worldwide transition toward smart grid infrastructure and the critical imperative for precise billing accuracy. As active energy represents the actual power consumed and billed, utility providers prioritize high-precision integrated circuits to minimize revenue leakage and enhance operational efficiency. Furthermore, rigorous accuracy standards established by the International Electrotechnical Commission (IEC) compel manufacturers to adopt superior measurement technologies, thereby sustaining the robust demand for this segment across residential and industrial applications.

Regional Insights

Asia Pacific commands the global energy measurement ICs market due to widespread smart grid deployments and rapid industrial expansion. Governments in the region are actively mandating the replacement of traditional meters with digital alternatives to improve energy efficiency. Consequently, large-scale infrastructure projects led by entities such as the State Grid Corporation of China create substantial demand for high-precision metering components. Furthermore, the region serves as a central hub for electronics manufacturing, ensuring a steady integration of these integrated circuits into industrial and residential applications.

Recent Developments

In December 2024, NXP Semiconductors announced a collaboration with the smart energy company geo to launch the SeeZero home energy management system. This partnership leveraged NXP’s Matter-enabled processing and connectivity solutions to create a system that allows consumers to monitor and control their energy usage in real-time. By integrating secure wireless protocols and efficient processing, the collaboration aimed to facilitate the autonomous management of smart appliances and heating systems. This initiative demonstrated the increasing role of advanced semiconductor solutions in enabling precise energy measurement and management within the residential sector.
In October 2024, Microchip Technology showcased its PIC32CXMTC System-on-Chip (SoC) as part of its sustainability solutions at the Enlit Europe conference in Milan. This next-generation smart metering platform integrates dual-core 32-bit processors with high-precision metrology functions, designed to meet the rigorous standards of residential and industrial energy measurement. The demonstration highlighted the SoC's ability to interface with various sensors like current transformers and Rogowski coils, offering a highly integrated solution for polyphase electricity meters. This development underscored the company's commitment to advancing the accuracy and connectivity of energy monitoring infrastructure.
In June 2024, Analog Devices entered into a strategic collaboration with LG Energy Solution to enhance the performance and sustainability of electric vehicle batteries. Through a signed Memorandum of Understanding, the companies agreed to work together to supply high-performance battery management integrated circuits (BMICs) and co-develop advanced algorithms for measuring the internal temperature of battery cells. This partnership focused on utilizing electrochemical impedance spectroscopy technology to provide precise energy measurements, which is essential for improving fast-charging capabilities and monitoring the state of health of energy storage systems in the evolving clean energy ecosystem.
In March 2024, Renesas Electronics introduced the RA2A2 microcontroller group, a new entry in its low-power family designed specifically for smart energy management and building automation. These microcontrollers feature a high-resolution 24-bit Sigma-Delta analog-to-digital converter (SDADC) and support for firmware over-the-air (FOTA) updates, which are critical for modern smart electricity meters. The devices enable Non-Intrusive Load Management (NILM) technology, allowing for the detailed analysis of current and voltage to monitor energy consumption patterns. This launch addressed the growing demand for digitalization in energy infrastructure by providing a solution that combines high-level analog sensing with efficient processing capabilities.

Key Market Players

Texas Instruments Incorporated
Analog Devices, Inc.
STMicroelectronics N.V.
Microchip Technology Inc.
Renesas Electronics Corporation
Silicon Laboratories Inc.
Cirrus Logic, Inc.
NXP Semiconductors N.V.
Semiconductor Components Industries, LLC.
Arch Meter Corporation

By Function	By Type	By Application	By Region
Active Energy Apparent Energy Reactive Energy	Single-Channel Multi-Channel	Smart-Plugs Industrial Smart Appliances Smart-Homes	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Energy Measurement ICs Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Energy Measurement ICs Market, By Function:

Active Energy
Apparent Energy
Reactive Energy

Energy Measurement ICs Market, By Type:

Single-Channel
Multi-Channel

Energy Measurement ICs Market, By Application:

Smart-Plugs
Industrial
Smart Appliances
Smart-Homes

Energy Measurement ICs Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Energy Measurement ICs Market.

Available Customizations:

Global Energy Measurement ICs Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Energy Measurement ICs Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Energy Measurement ICs Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Function (Active Energy, Apparent Energy, Reactive Energy)

5.2.2. By Type (Single-Channel, Multi-Channel)

5.2.3. By Application (Smart-Plugs, Industrial, Smart Appliances, Smart-Homes)

5.2.4. By Region

5.2.5. By Company (2025)

5.3. Market Map

6. North America Energy Measurement ICs Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Function

6.2.2. By Type

6.2.3. By Application

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Energy Measurement ICs Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Function

6.3.1.2.2. By Type

6.3.1.2.3. By Application

6.3.2. Canada Energy Measurement ICs Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Function

6.3.2.2.2. By Type

6.3.2.2.3. By Application

6.3.3. Mexico Energy Measurement ICs Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Function

6.3.3.2.2. By Type

6.3.3.2.3. By Application

7. Europe Energy Measurement ICs Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Function

7.2.2. By Type

7.2.3. By Application

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Energy Measurement ICs Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Function

7.3.1.2.2. By Type

7.3.1.2.3. By Application

7.3.2. France Energy Measurement ICs Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Function

7.3.2.2.2. By Type

7.3.2.2.3. By Application

7.3.3. United Kingdom Energy Measurement ICs Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Function

7.3.3.2.2. By Type

7.3.3.2.3. By Application

7.3.4. Italy Energy Measurement ICs Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Function

7.3.4.2.2. By Type

7.3.4.2.3. By Application

7.3.5. Spain Energy Measurement ICs Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Function

7.3.5.2.2. By Type

7.3.5.2.3. By Application

8. Asia Pacific Energy Measurement ICs Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Function

8.2.2. By Type

8.2.3. By Application

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Energy Measurement ICs Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Function

8.3.1.2.2. By Type

8.3.1.2.3. By Application

8.3.2. India Energy Measurement ICs Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Function

8.3.2.2.2. By Type

8.3.2.2.3. By Application

8.3.3. Japan Energy Measurement ICs Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Function

8.3.3.2.2. By Type

8.3.3.2.3. By Application

8.3.4. South Korea Energy Measurement ICs Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Function

8.3.4.2.2. By Type

8.3.4.2.3. By Application

8.3.5. Australia Energy Measurement ICs Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Function

8.3.5.2.2. By Type

8.3.5.2.3. By Application

9. Middle East & Africa Energy Measurement ICs Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Function

9.2.2. By Type

9.2.3. By Application

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Energy Measurement ICs Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Function

9.3.1.2.2. By Type

9.3.1.2.3. By Application

9.3.2. UAE Energy Measurement ICs Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Function

9.3.2.2.2. By Type

9.3.2.2.3. By Application

9.3.3. South Africa Energy Measurement ICs Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Function

9.3.3.2.2. By Type

9.3.3.2.3. By Application

10. South America Energy Measurement ICs Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Function

10.2.2. By Type

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Energy Measurement ICs Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Function

10.3.1.2.2. By Type

10.3.1.2.3. By Application

10.3.2. Colombia Energy Measurement ICs Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Function

10.3.2.2.2. By Type

10.3.2.2.3. By Application

10.3.3. Argentina Energy Measurement ICs Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Function

10.3.3.2.2. By Type

10.3.3.2.3. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Energy Measurement ICs Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Texas Instruments Incorporated

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Analog Devices, Inc.

15.3. STMicroelectronics N.V.

15.4. Microchip Technology Inc.

15.5. Renesas Electronics Corporation

15.6. Silicon Laboratories Inc.

15.7. Cirrus Logic, Inc.

15.8. NXP Semiconductors N.V.

15.9. Semiconductor Components Industries, LLC.

15.10. Arch Meter Corporation

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Energy Measurement ICs Market in 2025?

Which is the dominating region in the Global Energy Measurement ICs Market?

Which is the fastest growing segment in the Global Energy Measurement ICs Market?

What is the expected growth rate of the Global Energy Measurement ICs Market?