The report highlights the increasing adoption of energy measurement ICs in residential, commercial, and industrial sectors. Consegic Business Intelligence provides an inclusive research report on the Energy Measurement ICs market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
The report analyses significant segments such as type, sales channel, application, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of polyphase energy measurement ICs for measurements of energy consumption in commercial and industrial sectors among others. Moreover, the rising integration of single phase energy measurement ICs in energy meters installed in residential buildings is expected to drive the market growth during the forecast period.Get Free Sample
|Single Phase and Polyphase
|By Sales Channel
|Direct Sales and Distributor Sales
|Smart Plugs, Smart Appliances, Smart Meters, EV Charging, and Others
|Residential, Commercial, and Industrial
|North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
The global energy measurement ICs market is highly competitive due to the presence of major players such as Analog Devices Inc., STMicroelectronics, Microchip Technology Inc., Cirrus Logic Inc., NXP Semiconductors, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in energy measurement ICs market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.