Energy Measurement ICs Market Global Development, Demand, Growth Analysis, Key Findings and Forecast

As technology is growing and, energy measurement applications are widely replacing the traditional utility meters. Demand for electricity for various applications inside home, office or in manufacturing places are increasing and need for smart management have arisen. Energy measurement Ics Market are used in components such as smart plugs, smart appliances where it redirects the power with a circuit and releases only amount of electricity which is needed. This helps in better management of electricity and effective utilization. Global energy management ICs market has been valued at US HIGH million in the year 2015 which is expected to grow at US $HIGH million by the end of forecasted period with CAGR of HIGH

Major Key Players:

• Analog Devices, Inc. (U.S.)
• NXP Semiconductors (Netherlands)
• Cirrus Logic (U.S.)
• Maxim Integrated (U.S.)
• STMicroelectronics (Switzerland)
• Linear Technology (U.S.)
• Microchip Technology (U.S.)
• Atmel Corporation (U.S.)
• Integrated Device Technology, Inc. (U.S.)

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Segments:

Global Energy Measurement ICs market has been segmented on the basis of function/management which includes- active energy (kWh), apparent energy (kVA), reactive energy (kVAR) and RMS Energy. On the basis of type, the market has been segmented as Single-Channel and Multi-Channel. By verticals market has been segmented as- Smart plugs, Industrial, Power monitors for servers, Smart appliances, Smart Homes, Smart Cities among others.

Regional Analysis of Energy Measurement ICs Market:

North America is dominating the market. Europe holds HIGH of market share and currently growing with CAGR of HIGH Europe Energy Measurement ICs market has been valued at US HIGH million in the year 2015.

Asia-Pacific has emerged as fastest growing market with CAGR of HIGH and has been valued at US $HIGH million in the year 2015 which is expected to rise at US $HIGH million by the end of forecast period.

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Intended Audience

• IC Manufacturers
• Electric Meter Manufactures
• Power Generation Companies
• Power Distribution Companies
• Chip Manufacturers
• Government
• Smart ICs Suppliers and Manufactures

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