Microwave Power Meters Market Outlook:
Microwave Power Meters Market size was over USD 590.56 million in 2025 and is poised to exceed USD 1.08 billion by 2035, witnessing over 6.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of microwave power meters is estimated at USD 623.51 million.
The growth of the market is driven primarily by increasing demand for smart meters. The move toward smart microwave power meters is mainly due to rising energy use and the need for better control of electricity. These meters communicate both ways with the utility's central system. As we see more gadgets and technology in homes and businesses, managing electricity becomes crucial. They send real-time info on power use to both the user and the utility company. This allows for smarter, more informed decisions on energy use. For consumers, it translates to possible savings on bills through better understanding and control of their energy consumption.