Trajectory of the Western European Electric Sub-Meter Industry: An In-depth Market Study Across Product Types, Phases, Applications, and Key Countries Concluding in 2035

Published: May 2025
Report Code:
SKU: LMR123759

Overview:

The Western European electric sub-meter sector is poised for substantial growth, with an estimated valuation of USD 3,930.43 million in 2025. Projections indicate a compound annual growth rate (CAGR) of 5.6% from 2025 to 2035, propelling the market to approximately USD 6,769.72 million by the end of the forecast period.

In 2024, the regional industry showed steady expansion, reaching an estimated USD 3,722.00 million. This trajectory was primarily shaped by the increasing implementation of energy efficiency mandates, rising energy costs, and the expanding deployment of smart grid infrastructure. Key countries such as Germany, France, and the United Kingdom demonstrated notable installation uptakes as governments incentivized granular energy consumption monitoring across various sectors, from residential to extensive commercial properties.

Collaborations between utility providers and technology firms have facilitated the rollout of advanced metering systems, supporting real-time energy oversight and detailed consumption analytics. The requirement for sub-meters has also surged within multi-unit properties and industrial facilities, where businesses are focusing on optimizing energy expenditures.

The outlook for the industry over the 2025 to 2035 period appears robust. The integration of sub-meters equipped with Internet of Things (IoT) capabilities is expected to accelerate the incorporation of advanced energy management solutions, including those leveraging AI-powered predictive analytics for optimizing energy use and operational efficiency.

The transition from traditional metering units to more sophisticated digital and smart solutions is gaining momentum. This shift is driven by the need for improved data accuracy, enhanced monitoring capabilities, and seamless integration with smart building and grid systems, preparing the market for future demands in energy management.

With sustainability goals becoming increasingly central to national policies, the role of sub-meters in supporting initiatives like net-zero buildings and facilitating the management of distributed energy resources is growing. This underscores the strategic importance of these devices in Western Europe’s energy transition landscape.

YOY Growth Bar Chart
Report Attribute Details
Market Size in 2025 USD 3,930.43 million
Revenue Forecast for 2035 USD 6,769.72 million
Growth Rate (CAGR) 5.6% from 2025 to 2035
Base Year for Estimation 2024
Historical Data 2020 – 2023
Forecast Period 2025 – 2035
Quantitative Units Revenue in USD million and CAGR from 2025 to 2035
Report Coverage Revenue forecast, company market share, competitive landscape, growth factors, and trends
Covered Segments Product Type, Phase, Application, and Country
Regional Scope Western Europe
Country Scope Germany, France, United Kingdom, Italy, Spain, Netherlands, BENELUX, Rest of Western Europe
Key Companies Analyzed Siemens, Schneider Electric, ABB, Landis+Gyr, Itron, Honeywell, Eaton, Carlo Gavazzi
Customization Options Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope
Pricing and Purchase Options Customizable purchase options for tailored research needs
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Report Coverage & Deliverables

This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.

Detailed Market Segmentation

  • By Product Type
    • Socket Type
    • Electromechanical
    • Feed-Through
    • Current Transformers
    • Electronic Without Socket
    • Smart Sub-meters
  • By Phase
    • Single Phase
    • Three Phase
  • By Application
    • Commercial
    • Large Retail
    • Data Centers
    • Residential
    • Industrial
  • By Country
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Netherlands
    • BENELUX
    • Rest of Western Europe

Table of Content

  1. Executive Summary
  2. Market Overview
  3. Key Market Trends
  4. Key Success Factors
  5. Market Demand Analysis 2020 to 2024 and Forecast, 2025 to 2035
  6. Market – Pricing Analysis
  7. Market Demand (in Value or Size in USD Million) Analysis 2020 to 2024 and Forecast, 2025 to 2035
  8. Market Background
  9. Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Product Type
    1. Socket Type
    2. Electromechanical
    3. Feed-Through
    4. Current Transformers
    5. Electronic Without Socket
    6. Smart Sub-meters
  10. Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Phase
    1. Single Phase
    2. Three Phase
  11. Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Application
    1. Commercial
    2. Large Retail
    3. Data Centers
    4. Residential
    5. Industrial
  12. Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Country
    1. Germany
    2. France
    3. United Kingdom
    4. Italy
    5. Spain
    6. Netherlands
    7. BENELUX
    8. Rest of Western Europe
  13. Germany Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  14. France Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  15. United Kingdom Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  16. Italy Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  17. Spain Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  18. Netherlands Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  19. BENELUX Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  20. Rest of Western Europe Market Analysis 2020 to 2024 and Forecast 2025 to 2035
  21. Country-wise Market Analysis 2025 & 2035
  22. Market Structure Analysis
  23. Competition Analysis
    1. Siemens
    2. Schneider Electric
    3. ABB
    4. Landis+Gyr
    5. Itron
    6. Honeywell
    7. Eaton
    8. Carlo Gavazzi
  24. Assumptions and Acronyms Used
  25. Research Methodology
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