Metering ICs Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Function (Apparent Energy (kVA), Active Energy (kWh), RMS Energy, Reactive Energy (kVAR)); Type (Single-Channel, Multi-Channel); Application (Industrial, Smart Appliances, Smart Homes, Others) and Geography
Report Code: TIPRE00013542
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
Metering ICs are specifically designed to meet the requirements of next-generation smart meter architectures. It is deployed in energy meters that help the energy meter to calculate the amount of energy consumed. Rising demand for an accurate, reliable, and cost-effective product for energy measurement is anticipating the growth of the metering ICs market. Moreover, the rising use of smart meter for the measurement of electricity, gas, and water for real-time reporting of energy consumption that enables the consumer to reduce the wastage of electricity and lower the expenses. This factor is also triggering the growth of the metering ICs market.
The rising use of metering ICs in smart appliances, smart homes, industrial, power monitors for servers, wireless communication, and among other applications is the major driving factor for the growth of the metering ICs market. Further, growing government regulations for energy utilization and rising use of metering ICs in smart appliances due to the emergence of renewable energy sources, and demand for customized services to manage assets cost-effectively which positively impacting the growth of the metering ICs market.
The "Global Metering ICs Market Analysis to 2028" is a specialized and in-depth study of the metering ICs industry with a special focus on the global market trend analysis. The report aims to provide an overview metering ICs market with detailed market segmentation as function, type, application, and geography. The global metering ICs market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metering ICs market players and offers key trends and opportunities in the metering ICs market.
The global metering ICs market is segmented on the basis of function, type, application. On the basis of function the market is segmented as apparent energy (kVA), active energy (kWh), RMS energy, reactive energy (kVAR). On the basis of type the market is segmented as single-channel, multi-channel. On the basis of application the market is segmented as industrial, smart appliances, smart homes, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global metering ICs market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The metering ICs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting metering ICs market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the metering ICs market in these regions.
Get more information on this report :
The reports cover key developments in the metering ICs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Metering ICs market are anticipated to lucrative growth opportunities in the future with the rising demand for metering ICs in the global market. Below mentioned is the list of few companies engaged in the metering ICs market.
The report also includes the profiles of key metering ICs companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Analog Devices, Inc.
Cirrus Logic, Inc.
ICDC Pty Ltd. (SAMES)
Microchip Technology Inc.
NXP Semiconductors N.V.
Renesas Electronics Corporation
Texas Instruments Incorporated
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Get more information on this report :
The List of Companies
1. Analog Devices, Inc.
2. Cirrus Logic, Inc.
3. ICDC Pty Ltd. (SAMES)
4. Maxim Integrated
5. Microchip Technology Inc.
6. NXP Semiconductors N.V.
7. Renesas Electronics Corporation
8. Silergy Corp
10. Texas Instruments Incorporated