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Smart Meters - Global Strategic Business Report

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    Report

  • 635 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806149

Global Smart Meters Market to Reach $40.7 Billion by 2030

The global market for Smart Meters estimated at US$21.6 Billion in the year 2022, is projected to reach a revised size of US$40.7 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030. Electric, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$22.3 Billion by the end of the analysis period. Growth in the Water segment is estimated at 9.6% CAGR for the next 8-year period.

Select Competitors (Total 181 Featured)

  • ABB Ltd.
  • Accenture PLC
  • Aclara Technologies LLC
  • Apator SA (Apator Group)
  • Arad Group
  • Advanced Electronics Company
  • AddGroup
  • Aqua-Loc South Africa (Pty) Ltd.
  • Aquiba Pty., Ltd.
  • Advanced Monitoring Solutions
  • AEM SA
  • Aidon Oy
  • Aichi Tokei Denki Co., Ltd.
  • Anhui EMI Technology Co., Ltd.
  • AMR-G Smart Water Meters

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Smart Meters Market

What is the estimated value of the Smart Meters Market?

The Smart Meters Market was estimated to be valued at $21.6 Billion in 2022.

What is the growth rate of the Smart Meters Market?

The growth rate of the Smart Meters Market is 8.2%, with an estimated value of $40.7 Billion by 2030.

What is the forecasted size of the Smart Meters Market?

The Smart Meters Market is estimated to be worth $40.7 Billion by 2030.

Who are the key companies in the Smart Meters Market?

Key companies in the Smart Meters Market include ABB Ltd., Accenture PLC, Aclara Technologies LLC, Apator SA (Apator Group), Arad Group, Advanced Electronics Company, AddGroup, Aqua, Loc South Africa (Pty) Ltd. and Aquiba Pty., Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and the Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Pandemic Causes Significant Disruption to Smart Meters Supply Chain
  • COVID-19-Induced Financial Crisis Aggravates an Already Large Global Infrastructure Spending Gap: Government Smart Meter Programs Weaken in 2020
  • US Government Budget Deficits (In US$ Billion) for 2007-2022
  • Cumulative Global Infrastructure Spending Gap (In US$ Billion) for 2018-2040
  • Amidst the Pandemic, Energy Infrastructure Investments Take a Direct Blow
  • % Change in Electricity Consumption April 2019 Vs 2020
  • % Share of Energy Use Impacted by Lockdowns
  • Smart Meters: Welcome Developments Indicating Unabated Progress in Future
  • An Introduction to Smart Meters
  • Types of Smart Meters
  • Why Now is the Time for Smart Meters in a World Where Energy is the Building Block for Socio Economic Development
  • Global Market Prospects & Outlook
  • Automatic Meter Reading: Leading Technology Segment in Smart Meters Market
  • Residential Segment Leads Global Market
  • North America Holds Enviable Base of Smart Meters due to Early Mover Advantage
  • Smart Meters Witness High Adoption in Europe as Countries Embark on Smart Metering Initiatives
  • Asia-Pacific Exudes Tremendous Potential for Adoption of Smart Meters
  • Competition
  • Smart Electricity Meters Market Share Breakdown by Competitor: 2020
  • World Brands
  • Recent Market Activity
  • Smart Meters - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Environmental Concerns, Reduction in Energy Wastage, and Need for Energy Efficiency Drive Adoption of Smart Metering Technology
  • Government Policies Drive Smart Meters Adoption
  • Energy Theft Losses Reinforces the Need for Efficient Smart Metering Technologies
  • Here’s Why the Environment & Sustainability Will be Top Priorities After the Pandemic
  • How Smart Meters Can Reduce the Carbon Footprint?
  • Emerging Trends to Transform Smart Metering Market
  • Growing Intelligence of Smart Meters
  • Rise of Smart Cities and Focus on Smart Energy Management Opens Up Opportunities for Smart Meters
  • At the Core of Smart Cities Are Smart Metering Solutions for Provision of Smart Utility Services: Global Market for Smart Cities in US$ Million for the Years 2020 and 2027
  • Smart Electricity Meters: Reliable, User-Friendly, Cost Effective, and Energy Efficient Technology for Power Utilities
  • Myriad Benefits of Smart Electricity Meters to Drive Global Adoption
  • Spiraling Demand for Electricity and Inefficient Infrastructure Drives Utilities to Deploy Smart Meters
  • Supplying Cost-Effective, Reliable Electricity Will Always Be a Priority for Utilities, Making Smart Meters a Valuable Investment: Projected Global Demand for Electricity (MWh) for Years 2025, 2030 & 2035
  • Residential Sector Dominates Smart Electricity Meters Market
  • Smart Electricity Meters Market by End-Use (in %) for 2020
  • Growing Deployments of Smart Grids: A Strong Business Case for Smart Electricity Meters
  • Strong Spending on Smart Grids Strengthens Smart Metering Infrastructure Plans: Global Market for Smart Grids in US$ Billion) for the Years 2021, 2023 and 2024
  • Smart Electricity Meters Emerge as Vital Components for Efficient Energy Use & Consumption Control in Smart Cities
  • Renewable Energy Integration: A Promising Application of Smart Electricity Meters
  • Persistent Power Quality Issues Drive the Importance of AMI & Smart Meters in Outage Management Systems & Service Restoration
  • Average Number of Power Outages in Firms Per Month Worldwide by Region: 2019
  • Cost of Load Failures Due to Power Disruptions/Outages in US$ Per Hour by Select Commercial Activity
  • Value Lost Due to Electrical Outages as a Percentage (%) of Sales of Affected Firms
  • Smart Electricity Meters Gain Prominence in Distribution Automation
  • Government Policies Critical for Smart Electricity Meters Adoption
  • Integration of Electric Vehicles and Smart Meters Enable Shift towards Sustainable Economy
  • Global Electric Car Registrations Worldwide (in Thousands) for 2015-2020
  • Need for Water Utilities to be Energy-Efficient and Responsive Propels Demand for Smart Water Meters
  • Global Smart Water Meter Shipments Breakdown (in %) by Basic and Smart Types for 2019, 2022 and 2025
  • Unique Challenges Facing Water Utilities Amidst COVID-19 Outbreak Bring Forth the Importance of Technology Solutions
  • Growing Prominence of Smart Water Networks Boosts Demand for Smart Water Meters
  • Smart Meters Enhance Water Management Efficiency
  • With Water Utilities Focused on Increasing Investments in Digital Solutions, Smart Water Meter Adoption Poised to Grow
  • Global Digital Utility Market Size (in US$ Billion) for 2018, 2020, 2022 & 2024
  • Smart Water Meters: An Important Component of Smart Cities Worldwide
  • Evolution of Smart Water Grid Emerges as a Fundamental Factor Driving Penetration of Smart Water Meters
  • Innovations in Smart Water Meters Propel Market Growth
  • Demand Rises for Two-Way Communicating Meters in Water Industry
  • Integrated Digital Water Meters Find Increased Acceptance
  • Smart Water Meters to Make Major Contributions to Efficiency Levels in the Agricultural Sector
  • Blockchain Technology for Smart Water Meters
  • As Gas Utilities Come Under Pressure to Curb Wastages & Ensure Accurate Billing, Smart Gas Metering Solutions Rise in Popularity
  • Energy Conservation and Regulatory Mandates Compel Modern Gas Utilities to Switch to Smart Gas Meters
  • Utility Modernization & Upgrade Programs Create Highly Conducive Environment for Smart Gas Market
  • Residential Vertical Remains the Dominant Segment for Consumer-Grade Smart Gas Meters
  • Smart Gas Meters Gain Traction in Commercial & Industrial End-Use Domains
  • Wireless Communication Systems Gain Traction in Smart Gas Networks
  • Regulations & Standards Drive New Demand for Smart Gas Infrastructure Solutions
  • IoT-based Smart Metering to Create Smarter and Connected Cities
  • IoT-Based AMI Platform: A Key Building Block of Smart Meter Infrastructure
  • Global IoT in Energy Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2026
  • Increasing Investments in Smart Home Technology Solutions to Fuel Demand for Smart Meters
  • Growing Investments into Smart Homes Stimulate Smart Meters Market: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
  • LPWANs to Become a Standard Approach in Smart Water Meters
  • Big Data Analytics to Provide Actionable Insights from Smart Meters-Generated Data
  • AI Presents Immense Opportunities to Tap Smart Meter Data
  • Blockchain to Mitigate Data Safety and Privacy Concerns for Smart Meters
  • Cloud Computing Transforms Smart Metering Market
  • increasing Integration of Cellular Technology in Smart Meters
  • Population Growth and Demographics Drive Need for Smart Utility Infrastructure, Supporting Demand for Smart Meters
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • World Urban Population in Thousands: 1950-2050P
  • Key Issues & Challenges Hampering Widespread Adoption of Smart Meters
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Smart Meters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 2: World 8-Year Perspective for Smart Meters by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
  • TABLE 3: World Recent Past, Current & Future Analysis for Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 4: World 8-Year Perspective for Electric by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Water by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 6: World 8-Year Perspective for Water by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 8: World 8-Year Perspective for Gas by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 9: World Recent Past, Current & Future Analysis for Cellular by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 10: World 8-Year Perspective for Cellular by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for RF by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 12: World 8-Year Perspective for RF by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for PLC by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 14: World 8-Year Perspective for PLC by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 15: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 16: World 8-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 18: World 8-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 20: World 8-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • TABLE 21: World Smart Meters Market Analysis of Annual Sales in US$ Million for Years 2020 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Focus on Energy Efficiency in Utilities and Smart Cities Projects to Drive Long-term Growth
  • Smart Electricity Meters: Favorable Government Policies Propel Adoption
  • Transition towards Smart Technologies Benefits Smart Electricity Meter Adoption
  • Penetration of Smart Electricity Meters Set to Rise in North America
  • Investments in Water Utilities with Focus on Energy Efficiency Drive Demand for Smart Water Meters
  • US Drinking Water Infrastructure Expenditure Needs (in US$ Billion) by Project Type in the US through 2030
  • US Smart Water Solutions Market: Percentage Breakdown of Spending by Segment for 2016, 2020, and 2024
  • Ultrasonic Metering Technology Continues to Gain Preference in Water Utilities
  • Cellular-Enabled Smart Water Deployments to Gain Traction
  • Key Factors Hampering Growth Prospects for Smart Water Meters
  • Shift towards Smart Gas Solutions to Support Demand for Smart Gas Meters
  • Multifarious Benefits Make Strong Business Case for AMI Smart Gas Networks
  • Competition
  • Smart Electricity Meters in the US: Breakdown of Installed Units by Leading Vendors for 2020
  • Advanced Metering Infrastructure Competitor Market Share Breakdown (in %) in the US for 2020
  • TABLE 22: USA Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 23: USA 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 24: USA Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 25: USA 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 26: USA Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 27: USA 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • CANADA
  • Smart Electricity Meters Market in Canada: An Overview
  • TABLE 28: Canada Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 29: Canada 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 30: Canada Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 31: Canada 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 32: Canada Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 33: Canada 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • JAPAN
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Improving Infrastructure Facilities in Cities: Essential Drivers of Growth for Smart Meters Market
  • Japan Leverages Smart Gas Solutions to Build Low Carbon, Energy-Efficient Society
  • TABLE 34: Japan Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 35: Japan 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 36: Japan Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 37: Japan 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 38: Japan Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 39: Japan 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • CHINA
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Smart Meters Market in China: A Prelude
  • Market Share of Leading Players in Smart Meters Market by Segment: 2019
  • Focus on Developing Smart Cities in China: Opportunity for Smart Meters
  • Smart Electricity Meters Market in China: An Overview
  • Despite Temporary Slowdown due to COVID-29, Power Demand Favors Growth in Smart Electricity Meters Market: Annual Average Growth Rate (%) of Electricity Demand China for 2001-2020
  • China Turns to Smart Water Infrastructure to Resolve Acute Water Scarcity
  • TABLE 40: China Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 41: China 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 42: China Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 43: China 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 44: China Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 45: China 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • EUROPE
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Smart Meters Market in Europe: Future Prospects Remain Bright
  • Europe’s Focus on Smart Cities Deployment & Energy Efficiency Targets Augur Well for Smart Meters Market
  • Changes Setting Stage for Future Expansion of European Smart Metering Market
  • Smart Electricity Meters Market in Europe: An Overview
  • Smart Electricity Meter Rollouts in Europe: Significant Differences Across Nations
  • Market Prospects of Smart Electricity Meters Ride on the Advent of Smart Grids
  • Legislative Framework Supports Smart Electricity Meters Adoption in the EU
  • Europe: Driving Force Behind World Smart Gas Solutions Market
  • Huge Gas Consumer Base Makes Europe a Ripe Market for Smart Gas Metering Solutions
  • Challenges Facing the Full-Scale Implementation of Smart Gas Meters
  • Europe Witnesses an Increase in Deployments of Smart Water Meters
  • Competition
  • Advanced Metering Infrastructure Competitor Market Share (in %) Positioning in Europe for 2020
  • TABLE 46: Europe Recent Past, Current & Future Analysis for Smart Meters by Geographic Region - France, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 47: Europe 8-Year Perspective for Smart Meters by Geographic Region - Percentage Breakdown of Value Revenues for France, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • TABLE 48: Europe Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 49: Europe 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 50: Europe Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 51: Europe 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 52: Europe Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 53: Europe 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • FRANCE
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • TABLE 54: France Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 55: France 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 56: France Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 57: France 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 58: France Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 59: France 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • ITALY
  • TABLE 60: Italy Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 61: Italy 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 62: Italy Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 63: Italy 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 64: Italy Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 65: Italy 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • UNITED KINGDOM
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • COVID-19 Outbreak Disrupts Installations of Smart Meters
  • UK Government Supports Smart Meter Deployments
  • UK Market Blazes the Trail with Ambitious Smart Gas Metering Program
  • Smart Electricity & Gas Meters to Remain Relevant despite Concerns
  • TABLE 66: UK Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 67: UK 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 68: UK Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 69: UK 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 70: UK Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 71: UK 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • REST OF EUROPE
  • Ireland: Smart Water Meter Deployments Gain Momentum
  • The Netherlands: Government Mandates Electricity and Gas Smart Meter Rollout
  • TABLE 72: Rest of Europe Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 73: Rest of Europe 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 74: Rest of Europe Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 75: Rest of Europe 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 76: Rest of Europe Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 77: Rest of Europe 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • ASIA-PACIFIC
  • Smart Meters Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Market Overview
  • As Asian Economies Focus on Development of Smart Cities, Smart Metering Solutions Find Increase Adoption
  • Smart Meters Market In India: A Nascent Yet Promising Market
  • Smart Water Meters to Enable Utilities to Cut Losses and Boost Revenues
  • Smart Gas Metering Projects Gain Traction
  • Smart Meter Rollouts to Experience Massive Leap Forward in India
  • Australia: Significant Increase in Deployments of Smart Water Meters with LPWANs
  • Improvements Anticipated in Standardization and Interoperability
  • Singapore: Rapid Implementation of Smart Water Technologies
  • TABLE 78: Asia-Pacific Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 79: Asia-Pacific 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 80: Asia-Pacific Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 81: Asia-Pacific 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 82: Asia-Pacific Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 83: Asia-Pacific 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
  • REST OF WORLD
  • Latin American Smart Electricity Meters Market: An Overview
  • Brazil: Growing Market for Smart Gas Technologies
  • Middle East Presents Huge Opportunity for Smart City Projects, Driving Demand for Smart Meters
  • Rising Power Demand Propels Growth in Smart Power Metering Technologies
  • Africa: Low Penetration Presents Significant Potential for Smart Electricity Meters Market
  • TABLE 84: Rest of World Recent Past, Current & Future Analysis for Smart Meters by Type - Electric, Water and Gas - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 85: Rest of World 8-Year Perspective for Smart Meters by Type - Percentage Breakdown of Value Revenues for Electric, Water and Gas for the Years 2023 & 2030
  • TABLE 86: Rest of World Recent Past, Current & Future Analysis for Smart Meters by Communication Type - Cellular, RF and PLC - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 87: Rest of World 8-Year Perspective for Smart Meters by Communication Type - Percentage Breakdown of Value Revenues for Cellular, RF and PLC for the Years 2023 & 2030
  • TABLE 88: Rest of World Recent Past, Current & Future Analysis for Smart Meters by Application - Residential, Commercial and Industrial - Independent Analysis of Annual Revenues in US$ Million for the Years 2022 through 2030 and % CAGR
  • TABLE 89: Rest of World 8-Year Perspective for Smart Meters by Application - Percentage Breakdown of Value Revenues for Residential, Commercial and Industrial for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABB Ltd.
  • Accenture PLC
  • Aclara Technologies LLC
  • Apator SA (Apator Group)
  • Arad Group
  • Advanced Electronics Company
  • AddGroup
  • Aqua-Loc South Africa (Pty) Ltd.
  • Aquiba Pty., Ltd.
  • Advanced Monitoring Solutions
  • AEM SA
  • Aidon Oy
  • Aichi Tokei Denki Co., Ltd.
  • Anhui EMI Technology Co., Ltd.
  • AMR-G Smart Water Meters