Global Energy Measurement IC Market - Revenue and Comprehensive Research Study till 2023
Segmentation: The global energy measurement ICs market can be segmented by functions, type, and application. By function, the energy measurement ICs market is segmented into active energy (kWh), apparent energy (kVA), reactive energy (kVAR), and RMS energy. Based on type, the energy measurement ICs market is segmented into single-channel and multi-channel. By application, the energy measurement ICs market comprises smart-plugs, industrial, power monitors for servers, smart appliances, smart homes, and smart cities. Industrial segment has the upper hand in the market. However, smart-plugs and smart homes segments are expected to project substantial growth. Overview: The energy measurement integrated circuits (ICs) market is experiencing unprecedented growth as consumer behavior is changing rapidly. It has become necessary to measure power consumption for better energy management. This has spurred the use of such energy measurement ICs in various applications in commercial industries. U...