Meter Sockets Market Size

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Report ID: 5015
Published Date: Nov 25, 2025
Report Format: PDF, PPT

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Meter Sockets Market Outlook:

Meter Sockets Market size was valued at USD 27.26 billion in 2025 and is likely to cross USD 53.13 billion by 2035, registering more than 6.9% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of meter sockets is assessed at USD 28.95 billion.

The rising electricity demand has increased the demand for meter sockets for measuring the amount of power used in a certain period. The International Energy Agency (IEA) has stated that the world’s electrical consumption had reached 22 848 TWh, up 1.7% from 2018.

Meter sockets are an integral part of the electrical industry that helps with accessing and reading meters. It has found its application in various end-use industries such as residential, commercial, public areas, and others as the result of its advantages which includes an accurate reading of electricity consumption by ensuring proper contact with all sides of a meter.

Browse key industry insights with market data tables & charts from the report:

Meter Sockets Market Size & Share | Forecast Report 2035

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of meter sockets is assessed at USD 28.95 billion.

The global meter sockets market size was valued at more than USD 27.26 billion in 2025 and is expected to register a CAGR of over 6.9%, exceeding USD 53.13 billion revenue by 2035.

By 2035, the Asia Pacific meter sockets market is expected to command a 35% share in the sockets market, supported by escalating electricity consumption and the growing need for energy management across rapidly industrializing economies owing to rising smart-meter deployment initiatives.

Key players in the market include Eaton Corporation, Siemens Aktiengesellschaft, Austin Energy, Lowe's Companies, Inc., Omaha Public Power District, Milbank Manufacturing Company, The Durham Company, Brooks Utility, Inc., Exelon Corporation, General Electric Company.