Energy Measurement IC Market Size and Share

Energy Measurement IC Market Summary
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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.

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.

Energy Measurement IC Market: Market Share by Product Type
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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.

Energy Measurement IC Market: Market Share by Accuracy Class
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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.

Energy Measurement IC Market CAGR (%), Growth Rate by Region
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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

  1. Analog Devices, Inc.

  2. Texas Instruments Incorporated

  3. Cirrus Logic, Inc.

  4. Silicon Laboratories Inc.

  5. Renesas Electronics Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Energy Measurement IC Market Concentration
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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.

Table of Contents for Energy Measurement IC Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Proliferation of advanced smart-meter roll-outs in India, Brazil and EU
    • 4.2.2 Mandatory appliance-level sub-metering in commercial buildings (USA and EU)
    • 4.2.3 Rapid electrification of EV charging infrastructure needing Class-0.1 billing accuracy
    • 4.2.4 Utility push toward real-time power-quality analytics (harmonics, PF, THD)
    • 4.2.5 Integration of energy-measurement IP into MCU/SoC for battery-powered IoT nodes
    • 4.2.6 Silicon-on-insulator (SOI) processes enabling sub-milli-watt standby current ICs
  • 4.3 Market Restraints
    • 4.3.1 Volatility in 6-inch and 8-inch fab capacity for legacy analog process nodes
    • 4.3.2 Dependence on third-party calibration labs prolongs time-to-market
    • 4.3.3 Fragmented global standards (IEC 62053, ANSI C12) increase design-in complexity
    • 4.3.4 Intellectual-property litigation around delta-sigma ADC topologies
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Product Type
    • 5.1.1 Single-Phase Energy-Measurement ICs
    • 5.1.2 Poly-Phase Energy-Measurement ICs
    • 5.1.3 System-on-Chip (MCU-Integrated) Energy-Measurement ICs
    • 5.1.4 Hall-Effect / Rogowski-based Energy-Measurement ICs
  • 5.2 By Communication Interface
    • 5.2.1 SPI
    • 5.2.2 I²C
    • 5.2.3 UART
    • 5.2.4 Other Communication Interfaces
  • 5.3 By Accuracy Class
    • 5.3.1 Class 0.1
    • 5.3.2 Class 0.2
    • 5.3.3 Class 0.5
    • 5.3.4 Class 1.0 and Above
  • 5.4 By End-Use Application
    • 5.4.1 Smart Electricity Meters
    • 5.4.2 Industrial Energy-Monitoring Equipment
    • 5.4.3 Smart Plugs and Connected Appliances
    • 5.4.4 EV Charging Stations
    • 5.4.5 Renewable-Energy Inverters and Microgrids
    • 5.4.6 Data Centers and Building-Management Systems
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Russia
    • 5.5.2.5 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 Middle East
    • 5.5.4.1.1 Saudi Arabia
    • 5.5.4.1.2 United Arab Emirates
    • 5.5.4.1.3 Rest of Middle East
    • 5.5.4.2 Africa
    • 5.5.4.2.1 South Africa
    • 5.5.4.2.2 Egypt
    • 5.5.4.2.3 Rest of Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Analog Devices, Inc.
    • 6.4.2 Texas Instruments Incorporated
    • 6.4.3 Cirrus Logic, Inc.
    • 6.4.4 Silicon Laboratories Inc.
    • 6.4.5 Renesas Electronics Corporation
    • 6.4.6 STMicroelectronics N.V.
    • 6.4.7 NXP Semiconductors N.V.
    • 6.4.8 Rohm Semiconductor Co., Ltd.
    • 6.4.9 Microchip Technology Inc.
    • 6.4.10 ON Semiconductor Corporation
    • 6.4.11 Qing Dao Sin-energy IC Design Co., Ltd.
    • 6.4.12 Silergy Corp.
    • 6.4.13 Jiangsu Holin Microelectronics Co., Ltd.
    • 6.4.14 HiTrend Technology (Shanghai) Co., Ltd.
    • 6.4.15 Hangzhou Zhejiang Holley Technology Ltd.
    • 6.4.16 Suzhou Chip Hope Micro-electronics Co., Ltd.
    • 6.4.17 Icsensor Technology Co., Ltd.
    • 6.4.18 Socionext Inc.
    • 6.4.19 Haiti Electronic Technology Co., Ltd.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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Global Energy Measurement IC Market Report Scope

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
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
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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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