- The increasing focus on sustainability and energy conservation is driving demand for ICs that precisely measure and manage energy consumption across applications. For instance, in smart homes, these ICs enable real-time monitoring and optimization of energy usage, supporting eco-friendly practices
- Such technologies promote efficient resource utilization and align with global efforts to reduce carbon footprints, thereby propelling the market for active energy measurement integrated circuits
- North America dominated the active energy measurement integrated circuits (ICs) market with the largest revenue share of 36.58% in 2024, driven by the growing adoption of smart energy solutions, increasing energy consumption awareness, and rising deployment of connected devices in residential and commercial sectors
- Europe is projected to grow at the fastest CAGR of 9.4% during the forecast period from 2025 to 2032, led by government initiatives, smart grid deployment, and rising energy management awareness. Rapid digitalization of cities, increasing investment in smart buildings, and energy-saving measures are making Europe the key hotspot for active energy measurement IC applications across smart appliances, meters, and infrastructure
- The Single-Channel segment dominated the active energy measurement integrated circuits (ICs) market with the largest market revenue share of 59.3% in 2024, owing to its widespread use in compact smart devices such as plugs, meters, and appliances that require efficient and reliable monitoring of individual electrical lines
