Lucintel Forecasts The Global Building Automation Power Meter Market To Grow With A Cagr Of 5.1% From 2025 To 2031

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According to a market report by Lucintel, the future of the global building automation power meter market looks promising with opportunities in the industrial monitoring, residential surveillance, and energy management markets. The global building automation power meter market is expected to grow with a CAGR of 5.1% from 2025 to 2031. The major drivers for this market are increase in energy efficiency demand, growing government regulations, and rising need for smart buildings.
A more than 150-page report to understand trends, opportunity and forecast in global building automation power meter market to 2031 by type (for single phase and for three phase), application (industrial monitoring, residential surveillance, energy management, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, for three phase is expected to witness higher growth over the forecast period due to their capacity to handle higher loads.
Within the application category, energy management is expected to witness the highest growth due to rise in commercial ...
... and industrial sectors.
Download sample by clicking on building automation power meter market.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to growing demand for smart buildings in this region.
GE Grid Solutions, Siemens, Socomec, Functional Devices, Schneider Electric, Delta Electronics, FLEXIM, Carlo Gavazzi, Accuenergy, ABB are the major suppliers in the building automation power meter market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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