Energy Measurement IC Market Size and Share
Energy Measurement IC Market Analysis by Mordor Intelligence
The Energy measurement IC market size stood at USD 6.64 billion in 2025 and is forecast to reach USD 9.81 billion by 2030, progressing at an 8.12% CAGR through the period. Momentum stems from nationwide smart-meter mandates, the pursuit of Class 0.1 billing accuracy across rapidly expanding EV charging networks, and rising demand for real-time power-quality analytics in grids integrating renewable resources. Government incentives in India, Germany, and Brazil are locking in multi-year procurement pipelines, while silicon-on-insulator (SOI) and delta-sigma ADC advances are cutting standby power below 1 mW, widening adoption in battery-powered IoT nodes. The Energy measurement IC market is also benefiting from the migration of measurement IP into system-on-chip (SoC) platforms, reducing bill-of-materials costs for smart plugs, connected appliances, and data-center rack monitors.
Key Report Takeaways
- By product type, poly-phase devices led with 42.31% revenue share in 2024, while system-on-chip devices are projected to log a 9.19% CAGR to 2030.
- By communication interface, SPI retained 36.86% of 2024 revenue, whereas I²C is forecast to expand at a 9.11% CAGR through 2030.
- By accuracy class, Class 0.2 solutions captured 33.69% of the 2024 total, while Class 0.1 devices are set for an 8.94% CAGR over the outlook period.
- By end-use application, smart electricity meters commanded a 55.41% share in 2024 and EV charging stations will rise at an 8.74% CAGR to 2030.
- By geography, Asia-Pacific dominated with 45.73% revenue share in 2024 and is also the fastest-growing region at an 8.84% CAGR through 2030.
Global Energy Measurement IC Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Advanced smart-meter roll-outs | +1.8% | Asia-Pacific, South America, Europe | Medium term (2-4 years) |
| Mandatory appliance-level sub-metering | +1.2% | North America, EU | Short term (≤ 2 years) |
| Class 0.1 accuracy for EV charging | +1.5% | Global | Medium term (2-4 years) |
| Real-time power-quality analytics | +0.9% | Global | Long term (≥ 4 years) |
| Energy-measurement IP in MCU/SoC | +1.1% | Global | Long term (≥ 4 years) |
| SOI processes for sub-milliwatt standby | +0.7% | Global | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Proliferation of Advanced Smart-Meter Roll-outs in India, Brazil and EU
National deployment programs are reshaping the Energy measurement IC market by fixing multi-year demand curves that semiconductor suppliers can hedge against capacity planning risks. India targets 250 million installations by 2027 under its USD 125 billion National Smart Meter Programme, with Bihar already accounting for 6 million units toward the goal. [1]The Hindu BusinessLine, “Smart meter installations require ₹1.25 lakh crore investment: Report,” thehindubusinessline.com Germany follows with a mandate covering consumers above 6,000 kWh a year from January 2025 and a 95% completion target by 2030. Brazil’s utilities are localizing metering technology to align with regional grid idiosyncrasies. These projects require high-resolution delta-sigma ADCs, tamper detection logic, and secure communication blocks, reaffirming the Energy measurement IC market as a strategic node in grid-modernization roadmaps.
Mandatory Appliance-Level Sub-Metering in Commercial Buildings
Building-code revisions such as ASHRAE 90.1, IECC 2021, and California Title 24 compel owners of facilities over 25,000 sq ft to log 15-minute consumption data for HVAC, lighting, and plug loads, stored for 36 months. [2]Eaton, “ASHRAE 90.1 & IECC 2021 Requirements for Energy Metering,” eaton.com New York City’s Local Law 88 extends similar rules to tenant spaces above 10,000 sq ft beginning January 2025. Commercial deployments rely on multi-channel ICs with integrated communication stacks and tamper-proof non-volatile memory. Triacta reports 45% energy savings in sub-metered buildings while sustaining ANSI C12.20 Class 0.5 compliance. The regulatory clarity is translating into predictable bookings for vendors optimizing price-performance around four-wire and three-phase architectures.
Rapid Electrification of EV Charging Infrastructure Needing Class 0.1 Billing Accuracy
The EV charging ecosystem is adding momentum to the Energy measurement IC market as network operators demand sub-0.1% measurement error for transaction-grade billing. UL’s NTEP test suite has become a de facto benchmark in North America, requiring exhaustive characterization across temperature and load conditions. [3]UL Solutions, “NTEP/CTEP Testing: Instilling Confidence in EVSE for North America,” ul.com Global charging revenues are poised to hit USD 199.79 billion by 2033 at a 22.7% CAGR, underpinning sustained IC demand. Precision delta-sigma front ends with oversampling ratios above 1,000:1 are now paired with on-chip DSP cores to compute power factor, THD, and real-time tariffs. EEVEE Mobility couples these metrics with SLA-backed data integrity guarantees to automotive OEMs. Such specifications are cascading backward into reference designs for both curbside DC fast chargers and home AC wall-boxes.
Utility Push Toward Real-Time Power-Quality Analytics
Distribution utilities are switching from post-event audits to continuous harmonic and power-factor monitoring to curb technical losses. Instruments like Hioki’s PQ3198 evaluate THD up to the 80th order on live feeders. Kamstrup’s OMNIA 6 embeds extra processing headroom to handle complex waveform calculations and bi-directional IoT connectivity. Devices from Energy By Tune lower THD by up to 45% on neutral conductors, delivering 10-15% savings on solar-heavy feeders. These requirements favor Energy measurement IC market offerings that integrate simultaneous sampling ADC pairs, vector DSP engines, and tamper-proof secure elements for signed data records.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| 6-inch and 8-inch fab capacity volatility | -1.3% | Global, Asia-Pacific hubs | Short term (≤ 2 years) |
| Dependence on third-party calibration labs | -0.8% | Global | Medium term (2-4 years) |
| Fragmented IEC vs. ANSI standards | -0.6% | Global | Long term (≥ 4 years) |
| IP litigation on delta-sigma ADCs | -0.4% | North America, EU | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Volatility in 6-Inch and 8-Inch Fab Capacity for Legacy Analog Process Nodes
Analog wafers remain tied to mature 180 nm and 350 nm lines, many of which faced utilization swings and 25% silicon price surges in 2025. Although spot prices eased 2.3% to USD 2.95 per kg as Chinese oversupply materialized, allocation risk persists for smaller design houses lacking long-term supply agreements. U.S. CHIPS Act grants, including Texas Instruments’ USD 1.6 billion award for three 300 mm fabs, will not materially ease legacy-node tightness because new lines focus on sub-45 nm geometries. The Energy measurement IC market thus contends with elevated lead times and sporadic price hikes that crimp margins, especially on high-precision parts requiring laser trimming or fuses.
Dependence on Third-Party Calibration Labs Prolongs Time-to-Market
ANSI C12 and IEC 62053 certifications mandate temperature-sweep accuracy and long-term drift testing that only a handful of accredited laboratories can perform. DOE guidelines also call for uncertainty budgets traceable to national standards. UL’s queue for NTEP testing of EV chargers is extending development cycles by as much as 12 months, squeezing OEM launch windows. The bottleneck raises carrying costs for pre-production silicon and compels vendors to invest in in-house calibration rigs, a move feasible only for deep-pocketed incumbents in the Energy measurement IC market.
Segment Analysis
By Product Type: Integrated SoCs Outpace Discrete Architectures
Poly-phase devices accounted for 42.31 of % Energy measurement IC market share in 2024, cementing their role in industrial and utility-grade systems. SoC-based designs are forecast for a 9.19% CAGR, buoyed by RL78/I1C and similar platforms that fuse 24-bit ADCs with tamper detection, cryptographic engines, and flash memory. The Energy measurement IC market size attributed to integrated SoCs is on course to exceed USD 2.1 billion by 2030. Single-phase ICs remain vital in residential meters, while Hall-effect and Rogowski devices fill high-current niches such as inverter DC links.
Cost pressures and board-area constraints are steering OEMs toward one-chip solutions that eliminate external MCU-ADC pairings. Microchip’s MCP3913 shows 0.1% power error across 10,000:1 dynamic range, underscoring precision gains achievable within small-footprint QFN packages. STMicroelectronics’ TSC1641 adds MIPI I3C beside traditional I²C, reflecting the convergence of industrial and consumer design paradigms. Regulatory compliance complexity is another tailwind for integration because single-die approaches simplify accuracy drift over temperature and aging.
Note: Segment shares of all individual segments available upon report purchase
By Communication Interface: I²C Adoption Rises in IoT-Centric Designs
SPI dominated 36.86% of 2024 revenue thanks to its low-latency traits valued in high-throughput metering. I²C is projected to add 9.11% CAGR as smart-home and building-automation OEMs prioritize two-wire simplicity and addressable device trees. The Energy measurement IC market size wired through I²C could swell to more than USD 1.6 billion by 2030. UART and proprietary PLC links persist in brown-field retrofits and rural grids where noise immunity outweighs speed.
Bluetooth LE-ready MCUs such as STM32WBA5 illustrate the merging of sub-GHz RF stacks with I²C sensor buses for unified smart-meter reference designs. Silicon Labs’ xG26 SoCs layer AI inferencing blocks on top, enabling edge classification of load signatures without cloud round-trips. While SPI remains indispensable for poly-phase revenue meters, address-based multiplexing makes I²C the interface of choice for dense sensor arrays in commercial buildings.
By Accuracy Class: Commercial Billing Drives Class 0.1 Uptake
Class 0.2 retained the largest pie slice at 33.69% in 2024, addressing utility roll-outs, balancing precision and cost. The Class 0.1 tier will grow by 8.94% CAGR, propelled by EV charging and data-center PDUs that monetize kilowatt-hour granularity. Analog Devices’ sub-0.8% error devices illustrate the engineering lift required-oversampling ratios above 1,000:1 and elaborate temperature-compensation tables. The Energy measurement IC market share for Class 0.1 is therefore expanding fastest where legal metrology intersects with high-value energy trades.
Class 0.5 and 1.0+ hold relevance in price-sensitive emerging-market deployments. Forward-looking OEMs, however, are redesigning sockets to accommodate pin-compatible Class 0.1 parts, anticipating future billing regulations that may tighten tolerances further. Automotive traction inverters also ask for line-side sensing at sub-0.1% accuracy, a niche addressed by Asahi Kasei’s EZ232L Hall IC.
Note: Segment shares of all individual segments available upon report purchase
By End-Use Application: Charging Infrastructure Surpasses Legacy Meters in Growth
Smart meters still commanded 55.41% of 2024 dollars, reflecting state-funded bulk tenders. EV charging stations, with an 8.74% CAGR, are narrowing the gap and will likely generate over USD 1.3 billion in the Energy measurement IC market size by 2030. Industrial energy-monitoring kits shipped to factories consolidate ESG reporting requirements, while data-center rack monitors leveraged packet-level metering to cut idle capacity by 15% on Verdigris deployments.
Charging-network operators prioritize tamper-proof data storage, secure boot, and cryptography, pushing IC vendors to integrate hardware root-of-trust blocks. Renewable inverters adopt similar functionality for anti-islanding and grid-synchronization duties. Meanwhile, smart plugs and white-goods OEMs are embedding low-power metering cores for appliance-level consumption analytics, a volume driver albeit at commoditized ASPs.
Geography Analysis
Asia-Pacific retained 45.73% Energy measurement IC market share in 2024 and leads growth at 8.84% CAGR through 2030, catalyzed by India’s 250 million smart-meter mandate and China’s iterative AMI upgrades. Favorable government incentives offset supply-chain risks tied to legacy-node fab clustering in Taiwan and mainland China. OEMs hedge by pre-booking wafer starts and diversifying back-end assembly.
North America trails but posts resilient demand from commercial sub-metering codes and a flurry of DC fast-charging corridors along interstate highways. Federal and state tax credits cushion installation costs, funneling volume to Class 0.1 compliant parts. Domestic wafer expansions under the CHIPS Act are expected to shorten lead times by 2027, although legacy-node supply gaps may persist.
Europe combines smart-meter imperatives with sustainability policies such as Fit-for-55, pushing utilities to couple consumption reads with THD and power-factor data. Germany’s 2025 mandate sets a template replicated in the Nordics and Benelux. Eastern Europe and the Middle East are newer adopters, often leapfrogging to integrated SoC solutions to sidestep design-resource shortages.
Competitive Landscape
The Energy measurement IC market is moderately consolidated around incumbents with deep analog IP portfolios, yet niche disruptors use energy-harvesting and AI-enabled differentiators to secure design wins. Texas Instruments lifted Q1 2025 revenue to USD 4.07 billion, underscoring analog backlog strength. Analog Devices sustains a premium via accuracy leadership, while Microchip monetizes pin-compatible upgrades that protect customer firmware investments.
Process-technology leverage is a barrier to entry; SOI substrates sold by Soitec provide leakage curbs that sub-milliwatt IoT nodes require. NXP’s i.MX 94 processors illustrate convergence between metering and industrial control domains by embedding TSN Ethernet switches for deterministic networking. Start-ups, including E-peas and Atmosic, pursue battery-free sensor architectures, a potential wedge into long-tail applications where coin-cell replacement is untenable.
Strategic moves revolve around vertical integration of calibration and security stacks. Silicon Labs’ Series 3 combines AI inference engines with multi-protocol radios, granting OEMs a turnkey edge analytics layer. Infineon’s OPTIREG PMIC entry signals cross-pollination between automotive power integrity and metering, especially as bidirectional EV chargers blur grid-vehicle boundaries.
Energy Measurement IC Industry Leaders
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Analog Devices, Inc.
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Texas Instruments Incorporated
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Cirrus Logic, Inc.
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Silicon Laboratories Inc.
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Renesas Electronics Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: Soitec recorded EUR 327 million Q4’25 revenue as Photonics-SOI wafer demand surged in AI data-center builds.
- April 2025: Asahi Kasei Microdevices and Silicon Austria Labs validated coreless Hall sensors for EV inverters, advancing EZ232L toward production.
- April 2025: Texas Instruments posted USD 4.07 billion Q1 revenue, up 11% YoY, fueled by analog and embedded processing strength.
- March 2025: TI introduced the TPS1685 48 V hot-swap eFuse with integrated GaN, achieving 98% efficiency for AI data-center rails.
Global Energy Measurement IC Market Report Scope
| Single-Phase Energy-Measurement ICs |
| Poly-Phase Energy-Measurement ICs |
| System-on-Chip (MCU-Integrated) Energy-Measurement ICs |
| Hall-Effect / Rogowski-based Energy-Measurement ICs |
| SPI |
| I²C |
| UART |
| Other Communication Interfaces |
| Class 0.1 |
| Class 0.2 |
| Class 0.5 |
| Class 1.0 and Above |
| Smart Electricity Meters |
| Industrial Energy-Monitoring Equipment |
| Smart Plugs and Connected Appliances |
| EV Charging Stations |
| Renewable-Energy Inverters and Microgrids |
| Data Centers and Building-Management Systems |
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | Middle East | Saudi Arabia |
| United Arab Emirates | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Egypt | ||
| Rest of Africa | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| By Product Type | Single-Phase Energy-Measurement ICs | ||
| Poly-Phase Energy-Measurement ICs | |||
| System-on-Chip (MCU-Integrated) Energy-Measurement ICs | |||
| Hall-Effect / Rogowski-based Energy-Measurement ICs | |||
| By Communication Interface | SPI | ||
| I²C | |||
| UART | |||
| Other Communication Interfaces | |||
| By Accuracy Class | Class 0.1 | ||
| Class 0.2 | |||
| Class 0.5 | |||
| Class 1.0 and Above | |||
| By End-Use Application | Smart Electricity Meters | ||
| Industrial Energy-Monitoring Equipment | |||
| Smart Plugs and Connected Appliances | |||
| EV Charging Stations | |||
| Renewable-Energy Inverters and Microgrids | |||
| Data Centers and Building-Management Systems | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| South Korea | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | Middle East | Saudi Arabia | |
| United Arab Emirates | |||
| Rest of Middle East | |||
| Africa | South Africa | ||
| Egypt | |||
| Rest of Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
Key Questions Answered in the Report
What revenue level is the Energy measurement IC market expected to reach by 2030?
Forecasts place the market at USD 9.81 billion by 2030, reflecting an 8.12% CAGR driven by smart-meter mandates and EV charging accuracy needs.
Which product category is growing fastest?
System-on-chip energy-measurement ICs lead with a projected 9.19% CAGR through 2030 as OEMs favor single-die integration.
Why is Class 0.1 accuracy becoming mainstream?
EV charging and data-center billing demand sub-0.1% measurement error to meet NTEP and similar regulations, spurring 8.94% CAGR in Class 0.1 devices.
How significant is Asia-Pacific in this space?
Asia-Pacific accounts for 45.73% of 2024 revenue and remains the fastest-expanding region at 8.84% CAGR on the back of large-scale smart-meter roll-outs.
What supply-chain risk threatens near-term growth?
Tight 6-inch and 8-inch analog wafer capacity has raised silicon prices and extended lead times, exerting a –1.3% drag on forecast CAGR.
Which interface protocol is gaining momentum in IoT meters?
I²C is accelerating at 9.11% CAGR as two-wire simplicity aligns with compact, sensor-rich smart-home and building-automation designs.
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