The global Energy Measurement IC Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2028. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the energy measurement ic market include Analog Devices Inc., Arch Meter Corporation, Cirrus Logic Inc., Microchip Technology Inc., NXP Semiconductors N.V., Renesas Electronics Corporation, Shanghai Belling Corp. Ltd., Shenzhen Heliwei Technology Co. Ltd., STMicroelectronics N.V., Texas Instruments Incorporated. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
There is a rise in demand for energy measurement IC from energy distribution firms to enable accurate time network diagnostics and fast fault identification. The rising usage of smart meters propels the demand for energy measurement IC. The shift in demand towards electric vehicles is another cause for the rise in the energy measurement IC market, as EV charging stations use smart meters. The rising usage of polyphase electricity meters is a cause for the increase in demand for energy measurement IC. Due to the rise in demand for solar power, which reduces carbon footprint, the demand for energy measurement IC has increased. Increase in technological advancements in electric metering and substation automation are factors that are expected to be the reasons for the growth of the energy measurement IC market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of energy measurement ic. The growth and trends of Energy Measurement IC Industry provide a holistic approach to this study.
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Market Segmentation
This section of the energy measurement ic market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Phase
· Single Phase
· Polyphase
By Package Type
· QFN (Quad Flatpack No Lead)
· TSSOP (Thin Shrink Small Outline Package)
· SOIC (Surface Mount Integrated Circuit Package)
· QFP (Quad Flat Package)
· Others (LFCSP [Lead Frame-Based Chip Scale Package], DFN [Dual Flatpack No Lead], Etc.)
By Application
· Smart Plugs
· Energy Meters
· Solar Inverters
· Smart Power Distribution Units (Pdu)
· Street Lighting
· EV Charger Wall Boxes
· Others (Protective Devices, Transformers, Process Monitoring, Etc.)
By End-Use Industry
· Energy & Utility
· Automotive
· Industrial
· Consumer Electronics
· IT & Telecommunication
· Others (Oil & Gas, Chemical, Etc.)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Energy Measurement IC market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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