Smart Meters Market - Industry Insights, Global Analysis & Forecasts (2017-2022)

  • ID: 4434681
  • Report
  • Region: Global
  • 220 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Aclara Technologies Llc
  • Arad Technologies Ltd.
  • Diehl Stiftung & Co.Kg
  • Itron
  • Landis + Gyr
  • Pietro Fiorentini
  • MORE
Smart Meters Market

Smart meters represent a transformative technology for the utility industry and its customers. These technologically advanced meters enable greater insight into the usage of energy and provide enhanced control of the electrical grid. The other meters, such as the smart gas meters and smart water meters, provide consumption patterns and further encourage the efficient management of resources. The global smarts meter market was estimated at 119.27 million unit shipments in 2016, and is expected to reach 130.28 million unit shipments by the end of 2023, growing at a projected CAGR of 1.86% during the forecast period 2017 - 2023.

The smart meters market can be divided by type into smart electricity meters, smart gas meters, and smart water meters. Households or businesses, equipped with a smart meter, can monitor their electricity, water or gas usage and make adjustments, which can reduce the overall usage and/or shift usage to non-peak hours when rates may be lower. This offers added benefits in the case of electricity utilities, wherein the amount of electricity that needs to be produced at peak hours can be lowered, thereby reducing overall production costs. It also limits new capital investments that utilities would have to make, to handle higher peak-hour demand.

Smart grids are being implemented around the world with the aim of improving the efficiency of power networks. Smart electricity meters, which are an integral part of smart grids, are thus being adopted globally. Most countries are following emission control regulations to tackle the environmental effects caused by pollution. Policies that promote energy efficient practices are a part of these regulations. The implementation of such policies by governments around the world is helping in the growth of smart meters market.

The major factor that is presently restraining the smart meters market is the high installation costs that consumers have to bear, which has led to opposition from end-users regarding the implementation of smart meters. Consumers are also concerned about data privacy issues that could arise due to smart meter implementation. Despite these restraints, various utilities in a few countries are rolling out smart meters on an experimental and full-scale basis.

What the Report Offers

Market definition for the specified topic along with identification of key drivers and restraints for the market.

Market analysis for the global smart meters market, with region specific assessments and competition analysis.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies, which can influence the market.

Extensively researched competitive landscape section with profiles of major companies along with their share in the market.

Identification and analysis of the macro and micro factors that affect the global smart meters market on a regional and global scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Aclara Technologies Llc
  • Arad Technologies Ltd.
  • Diehl Stiftung & Co.Kg
  • Itron
  • Landis + Gyr
  • Pietro Fiorentini
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Market Definition

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1 Market Overview
4.2 Market Drivers
4.2.1 Need for Improvement in Energy Efficiency
4.2.2 Increase in Billing Revenue and Accuracy
4.2.3 Rise in Smart City Deployment
4.3 Market Restraints
4.3.1 High Costs and Security Concerns
4.3.2 Integration Difficulties With Smart Meters.
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter’s Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Threat of Substitute Product
4.5.3 Bargaining Power of Consumers
4.5.4 Bargaining Power of Suppliers
4.5.5 Intensity of Competitive Rivalry

5. Global Smart Meters Market - by Type (Overall Shipments)
5.1 Smart Electricity Meters
5.1.1 by Region
5.1.1.1 North America
5.1.1.1.1 Us
5.1.1.1.2 Canada
5.1.1.2 Europe
5.1.1.2.1 Uk
5.1.1.2.2 Germany
5.1.1.2.3 France
5.1.1.2.4 Spain
5.1.1.2.5 Others
5.1.1.3 Asia-Pacific
5.1.1.3.1 China
5.1.1.3.2 Japan
5.1.1.3.3 India
5.1.1.3.4 South Korea
5.1.1.3.5 Others
5.1.1.4 Latin America
5.1.1.4.1 Brazil
5.1.1.4.2 Mexico
5.1.1.4.3 Others
5.1.1.5 Middle East & Africa
5.1.1.5.1 Gcc
5.1.1.5.2 South Africa
5.1.1.5.3 Others
5.1.2 Key Vendors in Smart Electricity Meters Market
5.1.2.1 Landis+Gyr
5.1.2.1.1 Company Overview
5.1.2.1.2 Products and Services
5.1.2.1.3 Company Financials (In Cny Million)
5.1.2.1.4 Recent Developments
5.1.2.2 Aclara Technologies Llc
5.1.2.2.1 Company Overview
5.1.2.2.2 Products and Services
5.1.2.2.3 Company Financials
5.1.2.2.4 Recent Developments
5.1.2.3 Wasion Group Holdings
5.1.2.3.1 Company Overview
5.1.2.3.2 Products and Services
5.1.2.3.3 Company Financials (Rmb Thousands)
5.1.2.3.4 Recent Developments
5.1.2.4 Elster
5.1.2.4.1 Company Overview
5.1.2.4.2 Products and Services
5.1.2.4.3 Company Financials
5.1.2.4.4 Recent Developments
5.1.2.5 Jiangsu Linyang
5.1.2.5.1 Company Overview
5.1.2.5.2 Products and Services
5.1.2.5.3 Company Financials (In Rmb Million)
5.1.2.5.4 Recent Developments
5.1.2.6 Sagemcom
5.1.2.6.1 Company Overview
5.1.2.6.2 Products and Services
5.1.2.6.3 Company Financials
5.1.2.6.4 Recent Developments
5.1.2.7 Ningbo Sanxing Electric Co. Ltd
5.1.2.7.1 Company Overview
5.1.2.7.2 Products and Services
5.1.2.7.3 Company Financials (In Cny Million)
5.1.2.7.4 Recent Developments
5.1.2.8 Kamstrup A/S
5.1.2.8.1 Company Overview
5.1.2.8.2 Products and Services
5.1.2.8.3 Company Financials (In USD Million)
5.1.2.8.4 Recent Developments
5.1.2.9 Hexing Electric Company Ltd.
5.1.2.9.1 Company Overview
5.1.2.9.2 Products and Services
5.1.2.9.3 Company Financials (In Cny Million)
5.1.2.9.4 Recent Developments
5.1.2.10 Itron Inc.
5.1.2.10.1 Company Overview
5.1.2.10.2 Products and Services
5.1.2.10.3 Company Financials (In USD Thousands)
5.1.2.10.4 Recent Developments
5.1.2.11 Holley Metering Limited
5.1.2.11.1 Company Overview
5.1.2.11.2 Products and Services
5.1.2.11.3 Company Financials
5.1.2.11.4 Recent Developments
5.1.2.12 Sensus Usa Inc.
5.1.2.12.1 Company Overview
5.1.2.12.2 Products and Services
5.1.2.12.3 Company Financials (In USD Million)
5.1.2.12.4 Recent Developments
5.1.2.13 Xinlian
5.1.2.13.1 Company Overview
5.1.2.13.2 Products and Services
5.1.2.13.3 Company Financials
5.1.2.13.4 Recent Developments
5.1.2.14 Shenzhen Hemei Group Co. Ltd
5.1.2.14.1 Company Overview
5.1.2.14.2 Products and Services
5.1.2.14.3 Company Financials (In Cny Millions)
5.1.2.14.4 Recent Developments
5.1.3 Global Smart Electric Meters - Vendor Market Share - 2016 - (By Unit Shipments)
5.2 Smart Gas Meters
5.2.1 by Region
5.2.1.1 North America
5.2.1.1.1 United States
5.2.1.1.2 Canada
5.2.1.2 Europe
5.2.1.2.1 U.K
5.2.1.2.2 Italy
5.2.1.2.3 France
5.2.1.2.4 Others
5.2.1.3 Asia-Pacific
5.2.1.3.1 China
5.2.1.3.2 Japan
5.2.1.3.3 South Korea
5.2.1.3.4 Australia
5.2.1.3.5 Others
5.2.1.4 Latin America
5.2.1.4.1 Brazil
5.2.1.4.2 Mexico
5.2.1.4.3 Argentina
5.2.1.4.4 Others
5.2.1.5 Middle East & Africa
5.2.1.5.1 Middle East
5.2.1.5.3 Africa
5.2.2 Key Vendors in Smart Gas Meters Market
5.2.2.1 Elster
5.2.2.1.1 Company Overview
5.2.2.1.2 Products and Services
5.2.2.1.3 Company Financials (In Gbp Million) (Electric Meter Solutions-Parent Company-Melrose Plc)
5.2.2.1.4 Recent Developments
5.2.2.2 Itron
5.2.2.2.1 Company Overview
5.2.2.2.2 Products and Services
5.2.2.2.3 Company Financials (In USD Thousands)
5.2.2.2.4 Recent Developments
5.2.2.3 General Electric
5.2.2.3.1 Company Overview
5.2.2.3.2 Products and Services
5.2.2.3.3 Company Financials (In USD Million)
5.2.2.3.4 Recent Developments
5.2.2.4 Landis + Gyr
5.2.2.4.1 Company Overview
5.2.2.4.2 Products and Services
5.2.2.4.3 Company Financials (In Jpy Million) (Toshiba Financials)
5.2.2.4.4 Recent Developments
5.2.2.5 Diehl Stiftung & Co. Kg
5.2.2.5.1 Company Overview
5.2.2.5.2 Products and Services
5.2.2.5.3 Company Financials (In Eur Thousands)
5.2.2.5.4 Recent Developments
5.2.2.6 Hangzhou Beta Gas Meters Co. Ltd.
5.2.2.6.1 Company Overview
5.2.2.6.2 Products and Services
5.2.2.6.3 Company Financials
5.2.2.7 Pietro Fiorentini
5.2.2.7.1 Company Overview
5.2.2.7.2 Products and Services
5.2.2.7.3 Company Financials (In Eur Million)
5.2.2.7.4 Recent Developments
5.2.2.8 Apator
5.2.2.8.1 Company Overview
5.2.2.8.2 Products and Services
5.2.2.8.3 Company Financials (In Pln Thousands)
5.2.2.8.4 Recent Developments
5.2.2.9 Sensus
5.2.2.9.1 Company Overview
5.2.2.9.2 Products and Services
5.2.2.9.3 Company Financials (In USD Million)
5.2.2.9.4 Recent Developments
5.2.2.10 Yazaki
5.2.2.10.1 Company Overview
5.2.2.10.2 Products and Services
5.2.2.10.3 Company Financials (In Jpy Billion)
5.2.2.10.4 Recent Developments
5.2.2.11 Aichi Tokei Denki
5.2.2.11.1 Company Overview
5.2.2.11.2 Products and Services
5.2.2.11.3 Company Financials (In Jpy Million)
5.2.2.11.4 Recent Developments
5.2.2.12 Manas Energy Management Inc.
5.2.2.12.1 Company Overview
5.2.2.12.2 Products and Services
5.2.2.12.3 Company Financials (In USD Million)
5.2.2.12.4 Recent Developments
5.2.2.13 Meter Italia
5.2.2.13.1 Company Overview
5.2.2.13.2 Products and Services
5.2.2.13.3 Company Financials
5.2.2.13.4 Recent Developments
5.2.2.14 Aem
5.2.2.14.1 Company Overview
5.2.2.14.2 Products and Services
5.2.2.14.3 Company Financials
5.2.2.14.4 Recent Developments
5.2.2.15 Zenner International Gmbh & Co Kg
5.2.2.15.1 Company Overview
5.2.2.15.2 Products and Services
5.2.2.15.3 Company Financials
5.2.2.15.4 Recent Developments
5.2.2.16 Waison Group Holdings Limited
5.2.2.16.1 Company Overview
5.2.2.16.2 Products and Services
5.2.2.16.3 Company Financials (In Cny Thousands)
5.2.2.16.4 Recent Developments
5.2.3 Global Smart Gas Meters - Vendor Market Share - 2016 - (By Unit Shipments)
5.3 Smart Water Meters
5.3.1 by Region
5.3.1.1 North America
5.3.1.1.1 the United States of America
5.3.1.1.2 Canada
5.3.1.2 Europe
5.3.1.2.1 the United Kindom
5.3.1.2.2 Germany
5.3.1.2.3 France
5.3.1.2.4 Others
5.3.1.3 Asia-Pacific
5.3.1.3.1 China
5.3.1.3.2 Japan
5.3.1.3.3 India
5.3.1.3.4 Australia
5.3.1.3.5 Others
5.3.1.4 Latin America
5.3.1.4.1 Brazil
5.3.1.4.2 Mexico
5.3.1.4.3 Others
5.3.1.5 the Middle East & Africa
5.3.1.5.1 the Middle East
5.3.1.5.2 Africa
5.3.2 Key Vendors in Smart Water Meters Market
5.3.2.1 Sensus Usa Inc.
5.3.2.1.1 Company Overview
5.3.2.1.2 Products and Services
5.3.2.1.3 Company Financials (In USD Million)
5.3.2.1.4 Recent Developments
5.3.2.2 Neptune Technologies Group
5.3.2.2.1 Company Overview
5.3.2.2.2 Products and Services
5.3.2.2.3 Company Financials
5.3.2.2.4 Recent Developments
5.3.2.3 Azbil Kimmon Co. Ltd
5.3.2.3.1 Company Overview
5.3.2.3.2 Products and Services
5.3.2.3.3 Company Financials (In Jpy Million)
5.3.2.3.4 Recent Developments
5.3.2.4 Apator S.A
5.3.2.4.1 Company Overview
5.3.2.4.2 Products and Services
5.3.2.4.3 Company Financials (In Pln Thousand)
5.3.2.4.4 Recent Developments
5.3.2.5 Badger Meter, Inc.
5.3.2.5.1 Company Overview
5.3.2.5.2 Products and Services
5.3.2.5.3 Company Financials (In USD Thousand)
5.3.2.5.4 Recent Developments
5.3.2.6 Zenner International Gmbh & Co Kg
5.3.2.6.1 Company Overview
5.3.2.6.2 Products and Services
5.3.2.6.3 Company Financials
5.3.2.6.4 Recent Developments
5.3.2.7 Aichi Tokei Denki
5.3.2.7.1 Company Overview
5.3.2.7.2 Products and Services
5.3.2.7.3 Company Financials (In Jpy Million)
5.3.2.7.4 Recent Developments
5.3.2.8 Maddalena
5.3.2.8.1 Company Overview
5.3.2.8.2 Products and Services
5.3.2.8.3 Company Financials
5.3.2.8.4 Recent Developments
5.3.2.9 Kamstrup
5.3.2.9.1 Company Overview
5.3.2.9.2 Products and Services
5.3.2.9.3 Company Financials
5.3.2.9.4 Recent Developments
5.3.2.10 Deihl Stiftung & Co. Kg
5.3.2.10.1 Company Overview
5.3.2.10.2 Products and Services
5.3.2.10.3 Company Financials (In Eur Million)
5.3.2.10.4 Recent Developments
5.3.2.11 Mueller Systems Llc
5.3.2.11.1 Company Overview
5.3.2.11.2 Products and Services
5.3.2.11.3 Company Financials (In USD Million)
5.3.2.11.4 Recent Developments
5.3.2.12 Wuhan San Fran Electronics Ltd
5.3.2.12.1 Company Overview
5.3.2.12.2 Products and Services
5.3.2.12.3 Company Financials (In USD Million)
5.3.2.12.4 Recent Developments
5.3.2.13 Chongqing Smart Water Meter Group
5.3.2.13.1 Company Overview
5.3.2.13.2 Products and Services
5.3.2.13.3 Company Financials
5.3.2.14 Arad Technologies Ltd.
5.3.2.14.1 Company Overview
5.3.2.14.2 Products and Services
5.3.2.14.3 Company Financials
5.3.2.14.4 Recent Developments
5.3.3 Global Smart Water Meters - Vendor Market Share - 2016 - (By Unit Shipments)
5.4 Smart Heat Meters
5.4.1 by Region
5.4.1.1 North America
5.4.1.1.1 United States
5.4.1.1.2 Canada
5.4.1.2 Europe
5.4.1.2.1 United Kingdom
5.4.1.2.1 Germany
5.4.1.2.3 France
5.4.1.2.4 Others
5.4.1.3 Asia-Pacific
5.4.1.3.1 China
5.4.1.3.2 Japan
5.4.1.3.3 South Korea
5.4.1.3.4 Others
5.4.2 Key Vendors in Smart Heat Meters Market
5.4.2.1 Zenner International Gmbh & Co Kg
5.4.2.1.1 Company Overview
5.4.2.1.2 Products and Services
5.4.2.1.3 Company Financials
5.4.2.1.4 Recent Developments
5.4.2.2 Kamstrup A/S
5.4.2.2.1 Company Overview
5.4.2.2.2 Products and Services
5.4.2.2.3 Company Financials (In USD Million)
5.4.2.2.4 Recent Developments
5.4.2.3 Landis + Gyr
5.4.2.3.1 Company Overview
5.4.2.3.2 Products and Services
5.4.2.3.3 Company Financials (In Jpy Million - Toshiba Financials)
5.4.2.3.4 Recent Developments
5.4.2.4 Engelmann Gmbh
5.4.2.4.1 Company Overview
5.4.2.4.2 Products and Services
5.4.2.4.3 Company Financials
5.4.2.4.4 Recent Developments
5.4.2.5 Diehl Stiftung & Co.Kg
5.4.2.5.1 Company Overview
5.4.2.5.2 Products and Services
5.4.2.5.3 Company Financials (In USD Million)
5.4.2.5.4 Recent Developments
5.4.2.7 Danfoss Group
5.4.2.7.1 Company Overview
5.4.2.7.2 Products and Services
5.4.2.7.3 Company Financials
5.4.2.7.4 Recent Developments
5.4.2.8 Weihai Ploumeter
5.4.2.8.1 Company Overview
5.4.2.8.2 Products and Services
5.4.2.8.3 Company Financials
5.4.2.8.4 Recent Developments
5.4.2.10 Tangshan Huizhong Instruments
5.4.2.10.1 Company Overview
5.4.2.10.2 Products and Services
5.4.2.10.3 Company Financials
5.4.2.10.4 Recent Developments
5.4.2.11 Wecan Precision Instruments Co.
5.4.2.11.1 Company Overview
5.4.2.11.2 Products and Services
5.4.2.11.3 Company Financials
5.4.2.11.4 Recent Developments
5.4.2.12 Itron
5.4.2.12.1 Company Overview
5.4.2.12.2 Products and Services
5.4.2.12.3 Company Financials (In USD Thousand)
5.4.2.12.4 Recent Developments
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  • Landis+Gyr
  • Aclara Technologies Llc
  • Wasion Group Holdings
  • Elster
  • Jiangsu Linyang
  • Sagemco.Ningbo Sanxing Electric Co. Ltd
  • Kamstrup A/S
  • Hexing Electric Company Ltd.
  • Itron Inc.
  • Holley Metering Limited
  • Sensus Usa Inc.
  • Xinlian
  • Shenzhen Hemei Group Co. Ltd
  • Elster
  • Itron
  • General Electric
  • Landis + Gyr
  • Diehl Stiftung & Co. Kg
  • Hangzhou Beta Gas Meters Co. Ltd
  • Pietro Fiorentini
  • Apator
  • Sensus
  • Yazaki
  • Aichi Tokei Denki
  • Manas Energy Management Inc.
  • Meter Italia
  • Aem
  • Zenner International Gmbh & Co Kg
  • Waison Group Holdings Limited
  • Sensus Usa Inc.
  • Neptune Technologies Group
  • Azbil Kimmon Co. Ltd
  • Apator S.A
  • Badger Meter Inc.
  • Zenner International Gmbh & Co Kg
  • Aichi Tokei Denki
  • Maddalena
  • Kamstrup
  • Deihl Stiftung & Co. Kg
  • Mueller Systems Llc
  • Wuhan San Fran Electronics Ltd
  • Chongqing Smart Water Meter Group
  • Arad Technologies Ltd.
  • Zenner International Gmbh & Co Kg
  • Kamstrup A/S
  • Landis + Gyr
  • Engelmann Gmbh
  • Diehl Stiftung & Co.Kg
  • Danfoss Group
  • Weihai Ploumeter
  • Tangshan Huizhong Instruments
  • Wecan Precision Instruments Co. Itron
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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