Product Code: GVR-4-68040-607-3
U.S. Solar Power Meter Market Trends:
The U.S. solar power meter market size was estimated at USD 818.4 million in 2024 and is expected to grow at a CAGR of 10.9% from 2025 to 2030. This current market state is influenced by the increasing adoption of solar photovoltaic (PV) systems across residential, commercial, and utility-scale segments, driven by strong federal policies such as the Investment Tax Credit (ITC), and declining costs of solar modules and related equipment. In addition, the growing need for accurate measurement and monitoring of solar power generation to optimize system performance and ensure regulatory compliance supports the demand for solar power meters. The rise in solar installations, particularly in states such as California and Texas, further contributes to the present market size by necessitating advanced metering solutions for efficient energy management.
Moreover, increasing electricity demand driven by economic growth, expanding data centers, and manufacturing facilities requires enhanced energy monitoring and management systems, including solar power meters. The electrification of transportation and heating sectors also adds to the demand for renewable energy integration and precise energy measurement. In addition, ongoing grid modernization efforts and the integration of smart grid technologies promote the deployment of advanced solar power meters with features such as data logging, remote monitoring, and communication interfaces. Government incentives and rising awareness about renewable energy sustainability further support the growth of the U.S. solar power meter industry.
Continuous technological advancements in solar power meters, such as improved accuracy, long-term stability, and multi-parameter measurement capabilities, contribute to market expansion. The increasing use of smart meters that facilitate real-time data transmission and integration with energy management systems enhances operational efficiency for utilities and consumers. The growing industrial sector and urbanization trends also stimulate demand for solar power meters in commercial and industrial applications. Collectively, these factors create a favorable environment for the solar power meter market to expand steadily over the forecast period, aligning with broader trends in the U.S. solar energy market and clean energy transition.
U.S. Solar Power Meter Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the U.S. solar power meter market report based on integration type, product type, measurement, technology, and end-use:
- Integration Type Outlook (Revenue, USD Million, 2017 - 2030)
- On-grid Solar Power Meters
- Off-grid Solar Power Meters
- Handheld Solar Power Meters
- Product Type Outlook (Revenue, USD Million, 2017 - 2030)
- Net Meter
- Bi-Directional Meter
- Dual Meter
- Others
- Measurement Outlook (Revenue, USD Million, 2017 - 2030)
- Current Measurement
- Voltage Measurement
- Power Measurement
- Energy Measurement
- Technology Outlook (Revenue, USD Million, 2017 - 2030)
- Digital
- Analog
- End-use Outlook (Revenue, USD Million, 2017 - 2030)
- Residential
- Commercial
- Industrial
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Solar Power Meter Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.2. Market Restraints Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. U.S. Solar Power Meter Market Analysis Tools
- 3.5.1. Porter's Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
Chapter 4. U.S. Solar Power Meter Market: Integration Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. U.S. Solar Power Meter Market: Integration Type Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. On-grid U.S. Solar Power Meters
- 4.3.1. On-grid U.S. Solar Power Meters Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Off-grid U.S. Solar Power Meters
- 4.4.1. Off-grid U.S. Solar Power Meters Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.5. Handheld U.S. Solar Power Meters
- 4.5.1. Handheld U.S. Solar Power Meters Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. U.S. Solar Power Meter Market: Product Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. U.S. Solar Power Meter Market: Product Type Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Net Meter
- 5.3.1. Net Meter Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. Bi-Directional Meter
- 5.4.1. Bi-Directional Meter Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.5. Dual Meter
- 5.5.1. Dual Meter Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. U.S. Solar Power Meter Market: Measurement Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. U.S. Solar Power Meter Market: Measurement Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Current Measurement
- 6.3.1. Current Measurement Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Voltage Measurement
- 6.4.1. Voltage Measurement Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.5. Power Measurement
- 6.5.1. Power Measurement Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.6. Energy Measurement
- 6.6.1. Energy Measurement Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. U.S. Solar Power Meter Market: Technology Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. U.S. Solar Power Meter Market: Technology Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Digital
- 7.3.1. Digital Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. Analog
- 7.4.1. Analog Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. U.S. Solar Power Meter Market: End Use Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. U.S. Solar Power Meter Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 8.3. Residential
- 8.3.1. Residential Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4. Commercial
- 8.4.1. Commercial Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5. Industrial
- 8.5.1. Industrial Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Market Share Analysis
- 9.5. Company Heat Map Analysis
- 9.6. Strategy Mapping
- 9.6.1. Expansion
- 9.6.2. Mergers & Acquisition
- 9.6.3. Partnerships & Collaborations
- 9.6.4. New Integration Type Launches
- 9.6.5. Research and Development
- 9.7. Company Profiles
- 9.7.1. Amprobe
- 9.7.1.1. Participant's Overview
- 9.7.1.2. Financial Performance
- 9.7.1.3. Integration Type Benchmarking
- 9.7.1.4. Recent Developments
- 9.7.2. Megger
- 9.7.2.1. Participant's Overview
- 9.7.2.2. Financial Performance
- 9.7.2.3. Integration Type Benchmarking
- 9.7.2.4. Recent Developments
- 9.7.3. OTT HydroMet B.V.
- 9.7.3.1. Participant's Overview
- 9.7.3.2. Financial Performance
- 9.7.3.3. Integration Type Benchmarking
- 9.7.3.4. Recent Developments
- 9.7.4. FLIR Systems
- 9.7.4.1. Participant's Overview
- 9.7.4.2. Financial Performance
- 9.7.4.3. Integration Type Benchmarking
- 9.7.4.4. Recent Developments
- 9.7.5. Fluke Corporation
- 9.7.5.1. Participant's Overview
- 9.7.5.2. Financial Performance
- 9.7.5.3. Integration Type Benchmarking
- 9.7.5.4. Recent Developments
- 9.7.6. General Tools & Instruments
- 9.7.6.1. Participant's Overview
- 9.7.6.2. Financial Performance
- 9.7.6.3. Integration Type Benchmarking
- 9.7.6.4. Recent Developments
- 9.7.7. Campbell Scientific, Inc
- 9.7.7.1. Participant's Overview
- 9.7.7.2. Financial Performance
- 9.7.7.3. Integration Type Benchmarking
- 9.7.7.4. Recent Developments
- 9.7.8. Apogee Instruments, Inc.
- 9.7.8.1. Participant's Overview
- 9.7.8.2. Financial Performance
- 9.7.8.3. Integration Type Benchmarking
- 9.7.8.4. Recent Developments
- 9.7.9. Solar Light Company, Inc.
- 9.7.9.1. Participant's Overview
- 9.7.9.2. Financial Performance
- 9.7.9.3. Integration Type Benchmarking
- 9.7.9.4. Recent Developments
- 9.7.10. EKO Instruments Co., Ltd
- 9.7.10.1. Participant's Overview
- 9.7.10.2. Financial Performance
- 9.7.10.3. Integration Type Benchmarking
- 9.7.10.4. Recent Developments