11 Geographic Analysis
11.1 Introduction
Figure 41 Smart Meters Market in Asia-Pacific to Grow at Highest CAGR from 2021 to 2026
Figure 42 Market Share for Each Region, 2020 (%)
Table 30 Market, by Region, 2019-2026 (USD Million)
Table 31 Market, by Region, 2019-2026 (Million Units)
11.2 North America
Figure 43 North America: Snapshot, 2020
11.2.1 By Type
Table 32 North America: Market Size, by Type, 2019-2026 (USD Million)
11.2.2 By Communication Type
Table 33 North America: Market Size, by Communication Type, 2019-2026 (USD Million)
11.2.3 By Component
Table 34 North America: Smart Meters Market, by Component, 2019-2026 (USD Million)
Table 35 North America: Market for Software, by Type, 2019-2026 (USD Million)
Table 36 North America: Market for Hardware, by Type, 2019-2026 (USD Million)
11.2.4 By Technology
Table 37 North America: Market Size, by Technology, 2019-2026 (USD Million)
11.2.5 By End-user
Table 38 North America: Market, by End-user, 2019-2026 (USD Million)
11.2.6 By Country
Table 39 North America: Market, by Country, 2019-2026 (USD Million)
11.2.6.1 US
11.2.6.1.1 Climate Change-Influenced Policies and Investments in Smart Grid Infrastructure are Driving Market
Table 40 US: Market Size, by Type, 2019-2026 (USD Million)
Table 41 US: Market Size, by Communication Type, 2019-2026 (USD Million)
Table 42 US: Market, by Component, 2019-2026 (USD Million)
Table 43 US: Market for Software, by Type, 2019-2026 (USD Million)
Table 44 US: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 45 US: Market Size, by Technology, 2019-2026 (USD Million)
Table 46 US: Market, by End-user, 2019-2026 (USD Million)
11.2.6.2 Canada
11.2.6.2.1 Increasing Domestic Power Consumption and Upgrades of Electric Grid Infrastructure to Incorporate Renewable Energy Stimulate Smart Meters Market Growth in Canada
Table 47 Canada: Market Size, by Type, 2019-2026 (USD Million)
Table 48 Canada: Market Size, by Communication Type, 2019-2026 (USD Million)
Table 49 Canada: Market, by Component, 2019-2026 (USD Million)
Table 50 Canada: Market for Software, by Type, 2019-2026 (USD Million)
Table 51 Canada: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
Table 52 Canada: Market, by Technology, 2019-2026 (USD Million)
Table 53 Canada: Market, by End-user, 2019-2026 (USD Million)
11.2.6.3 Mexico
11.2.6.3.1 Massive Rollout Plans and Government Support for Smart Meters Accelerate Smart Meters Market Growth
Table 54 Mexico: Market, by Type, 2019-2026 (USD Million)
Table 55 Mexico: Market, by Communication Type, 2019-2026 (USD Million)
Table 56 Mexico: Market, by Component, 2019-2026 (USD Million)
Table 57 Mexico: Market for Software, by Type, 2019-2026 (USD Million)
Table 58 Mexico: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 59 Mexico: Market, by Technology, 2019-2026 (USD Million)
Table 60 Mexico: Market, by End-user, 2019-2026 (USD Million)
11.3 Europe
Figure 44 Europe: Market Snapshot, 2020
11.3.1 By Type
Table 61 Europe: Market, by Type, 2019-2026 (USD Million)
11.3.2 By Communication Type
Table 62 Europe: Market, by Communication Type, 2019-2026 (USD Million)
11.3.3 By Component
Table 63 Europe: Market, by Component, 2019-2026 (USD Million)
Table 64 Europe: Market for Software, by Type, 2019-2026 (USD Million)
Table 65 Europe: Market for Hardware, by Type, 2019-2026 (USD Million)
11.3.4 By Technology
Table 66 Europe: Market, by Technology, 2019-2026 (USD Million)
11.3.5 By End-user
Table 67 Europe: Market, by End-user, 2019-2026 (USD Million)
11.3.6 By Country
Table 68 Europe: Market, by Country, 2019-2026 (USD Million)
11.3.6.1 UK
11.3.6.1.1 Strong Government Policies on Smart Meters and Need for Grid Optimization are Main Drivers for Smart Meters Market Growth
Table 69 UK: Market, by Type, 2019-2026 (USD Million)
Table 70 UK: Market, by Communication Type, 2019-2026 (USD Million)
Table 71 UK: Market, by Component, 2019-2026 (USD Million)
Table 72 UK: Market for Software, by Type, 2019-2026 (USD Million)
Table 73 UK: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
Table 74 UK: Market, by Technology, 2019-2026 (USD Million)
Table 75 UK: Market, by End-user, 2019-2026 (USD Million)
11.3.6.2 Germany
11.3.6.2.1 Reducing Cost of Smart Meters, EU Energy Policy, and Need for Energy Efficiency are Driving Smart Meter Market
Table 76 Germany: Market, by Type, 2019-2026 (USD Million)
Table 77 Germany: Market, by Communication Type, 2019-2026 (USD Million)
Table 78 Germany: Market, by Component, 2019-2026 (USD Million)
Table 79 Germany: Market for Software, by Type, 2019-2026 (USD Million)
Table 80 Germany: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
Table 81 Germany: Market, by Technology, 2019-2026 (USD Million)
Table 82 Germany: Market, by End-user, 2019-2026 (USD Million)
11.3.6.3 France
11.3.6.3.1 Strong Need for Efficient Grid Operations and EU Regulations are Propelling Market Growth
Table 83 France: Market, by Type, 2019-2026 (USD Million)
Table 84 France: Market, by Communication Type, 2019-2026 (USD Million)
Table 85 France: Market, by Component, 2019-2026 (USD Million)
Table 86 France: Market for Software, by Type, 2019-2026 (USD Million)
Table 87 France: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 88 France: Market, by Technology, 2019-2026 (USD Million)
Table 89 France: Market, by End-user, 2019-2026 (USD Million)
11.3.6.4 Italy
11.3.6.4.1 Roll Out of Next-Generation Smart Meters Drives Market Growth
Table 90 Italy: Market, by Type, 2019-2026 (USD Million)
Table 91 Italy: Market, by Communication Type, 2019-2026 (USD Million)
Table 92 Italy: Market, by Component, 2019-2026 (USD Million)
Table 93 Italy: Market for Software, by Type, 2019-2026 (USD Million)
Table 94 Italy: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 95 Italy: Market, by Technology, 2019-2026 (USD Million)
Table 96 Italy: Market, by End-user, 2019-2026 (USD Million)
11.3.6.5 Spain
11.3.6.5.1 Need for Efficient Grid Operations, Dynamic Pricing, and Need for Integration of Renewable Energy are Propelling Market Growth
Table 97 Spain: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 98 Spain: Market, by Communication Type, 2019-2026 (USD Million)
Table 99 Spain: Market, by Component, 2019-2026 (USD Million)
Table 100 Spain: Market for Software, by Type, 2019-2026 (USD Million)
Table 101 Spain: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 102 Spain: Market Size, by Technology, 2019-2026 (USD Million)
Table 103 Spain: Market, by End-user, 2019-2026 (USD Million)
11.3.6.6 Rest of Europe
Table 104 Rest of Europe: Market, by Type, 2019-2026 (USD Million)
Table 105 Rest of Europe: Market, by Communication Type, 2019-2026 (USD Million)
Table 106 Rest of Europe: Market, by Component, 2019-2026 (USD Million)
Table 107 Rest of Europe: Market for Software, by Type, 2019-2026 (USD Million)
Table 108 Rest of Europe: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
Table 109 Rest of Europe: Market, by Technology, 2019-2026 (USD Million)
Table 110 Rest of Europe: Market, by End-user, 2019-2026 (USD Million)
11.4 Asia-Pacific
Figure 45 Asia-Pacific: Snapshot, 2020
11.4.1 By Type
Table 111 Asia-Pacific: Smart Meters Market, by Type, 2019-2026 (USD Million)
11.4.2 By Communication Type
Table 112 Asia-Pacific: Market, by Communication Type, 2019-2026 (USD Million)
11.4.3 By Component
Table 113 Asia-Pacific: Market, by Component, 2019-2026 (USD Million)
Table 114 Asia-Pacific: Market for Software, by Type, 2019-2026 (USD Million)
Table 115 Asia-Pacific: Market for Hardware, by Type, 2019-2026 (USD Million)
11.4.4 By Technology
Table 116 Asia-Pacific: Market, by Technology, 2019-2026 (USD Million)
11.4.5 By End-user
Table 117 Asia-Pacific: Market, by End-user, 2019-2026 (USD Million)
11.4.6 By Country
Table 118 Asia-Pacific: Market, by Country, 2019-2026 (USD Million)
11.4.6.1 China
11.4.6.1.1 Demand for Integrating Renewable Energy Sources with Energy Grids and Investments in Smart Grids to Achieve Ambitious Carbon Neutrality Targets are Driving Market Growth
Table 119 China: Market, by Type, 2019-2026 (USD Million)
Table 120 China: Market, by Communication Type, 2019-2026 (USD Million)
Table 121 China: Market, by Component, 2019-2026 (USD Million)
Table 122 China: Market for Software, by Type, 2019-2026 (USD Million)
Table 123 China: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
Table 124 China: Market, by Technology, 2019-2026 (USD Million)
Table 125 China: Market, by End-user, 2019-2026 (USD Million)
11.4.6.2 Australia
11.4.6.2.1 Higher Utility Costs and Distributed Energy Resources are Driving Market Growth
Table 126 Australia: Market, by Type, 2019-2026 (USD Million)
Table 127 Australia: Market, by Communication Type, 2019-2026 (USD Million)
Table 128 Australia: Market, by Component, 2019-2026 (USD Million)
Table 129 Australia: Market for Software, by Type, 2019-2026 (USD Million)
Table 130 Australia: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 131 Australia: Market, by Technology, 2019-2026 (USD Million)
Table 132 Australia: Market, by End-user, 2019-2026 (USD Million)
11.4.6.3 Japan
11.4.6.3.1 Increasing Emphasis on Energy Security and Planned Renewable Energy Addition are Driving Demand
Table 133 Japan: Market, by Type, 2019-2026 (USD Million)
Table 134 Japan: Market, by Communication Type, 2019-2026 (USD Million)
Table 135 Japan: Market, by Component, 2019-2026 (USD Million)
Table 136 Japan: Market for Software, by Type, 2019-2026 (USD Million)
Table 137 Japan: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 138 Japan: Market, by Technology, 2019-2026 (USD Million)
Table 139 Japan: Market, by End-user, 2019-2026 (USD Million)
11.4.6.4 India
11.4.6.4.1 Ambitious Net Zero Emissions Target and Smart Meters Mandates are Boosting Market Growth
Table 140 India: Market, by Type, 2019-2026 (USD Million)
Table 141 India: Market, by Communication Type, 2019-2026 (USD Million)
Table 142 India: Market, by Component, 2019-2026 (USD Million)
Table 143 India: Market for Software, by Type, 2019-2026 (USD Million)
Table 144 India: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 145 India: Market, by Technology, 2019-2026 (USD Million)
Table 146 India: Market, by End-user, 2019-2026 (USD Million)
11.4.6.5 South Korea
11.4.6.5.1 Growing Market for Smart Grids and Need for Better Energy Efficiency to Integrate Clean Energy Systems Create Demand for Smart Meters
Table 147 South Korea: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 148 South Korea: Market, by Communication Type, 2019-2026 (USD Million)
Table 149 South Korea: Market, by Component, 2019-2026 (USD Million)
Table 150 South Korea: Market for Software, by Type, 2019-2026 (USD Million)
Table 151 South Korea: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 152 South Korea: Market, by Technology, 2019-2026 (USD Million)
Table 153 South Korea: Market, by End-user, 2019-2026 (USD Million)
11.4.6.6 Rest of Asia-Pacific
Table 154 Rest of Asia-Pacific: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 155 Rest of Asia-Pacific: Market, by Communication Type, 2019-2026 (USD Million)
Table 156 Rest of Asia-Pacific: Market, by Component, 2019-2026 (USD Million)
Table 157 Rest of Asia-Pacific: Market for Software, by Type, 2019-2026 (USD Million)
Table 158 Rest of Asia-Pacific: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 159 Rest of Asia-Pacific: Market, by Technology, 2019-2026 (USD Million)
Table 160 Rest of Asia-Pacific: Market, by End-user, 2019-2026 (USD Million)
11.5 South America
11.5.1 By Type
Table 161 South America: Market, by Type, 2019-2026 (USD Million)
Table 162 South America: Market, by Communication Type, 2019-2026 (USD Million)
11.5.2 By Component
Table 163 South America: Market, by Component, 2019-2026 (USD Million)
Table 164 South America: Market for Software, by Type, 2019-2026 (USD Million)
Table 165 South America: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
11.5.3 By Technology
Table 166 South America: Smart Meters Market, by Technology, 2019-2026 (USD Million)
11.5.4 By End-user
Table 167 South America: Market, by End-user, 2019-2026 (USD Million)
11.5.5 By Country
Table 168 South America: Market, by Country, 2019-2026 (USD Million)
11.5.5.1 Brazil
11.5.5.1.1 Surging Need to Improve Operational Efficiency Boosts Demand for Smart Meters
Table 169 Brazil: Market, by Type, 2019-2026 (USD Million)
Table 170 Brazil: Market, by Communication Type, 2019-2026 (USD Million)
Table 171 Brazil: Market, by Component, 2019-2026 (USD Million)
Table 172 Brazil: Market for Software, by Type, 2019-2026 (USD Million)
Table 173 Brazil: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 174 Brazil: Market, by Technology, 2019-2026 (USD Million)
Table 175 Brazil: Market, by End-user, 2019-2026 (USD Million)
11.5.5.2 Argentina
11.5.5.2.1 Escalating Requirements to Produce Energy Using Renewable Energy and Need for Operational Efficiency Create Opportunities for Smart Grid Market
Table 176 Argentina: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 177 Argentina: Market, by Communication Type, 2019-2026 (USD Million)
Table 178 Argentina: Market, by Component, 2019-2026 (USD Million)
Table 179 Argentina: Market for Software, by Type, 2019-2026 (USD Million)
Table 180 Argentina: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 181 Argentina: Market, by Technology, 2019-2026 (USD Million)
Table 182 Argentina: Market, by End-user, 2019-2026 (USD Million)
11.5.5.3 Chile
11.5.5.3.1 Need to Develop Modern Utility Infrastructure and Reduce Operational Cost is Propelling Market Growth
Table 183 Chile: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 184 Chile: Market, by Communication Type, 2019-2026 (USD Million)
Table 185 Chile: Market, by Component, 2019-2026 (USD Million)
Table 186 Chile: Market for Software, by Type, 2019-2026 (USD Million)
Table 187 Chile: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 188 Chile: Market, by Technology, 2019-2026 (USD Million)
Table 189 Chile: Market, by End-user, 2019-2026 (USD Million)
11.5.5.4 Rest of South America
Table 190 Rest of South America: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 191 Rest of South America: Market, by Communication Type, 2019-2026 (USD Million)
Table 192 Rest of South America: Market, by Component, 2019-2026 (USD Million)
Table 193 Rest of South America: Market for Software, by Type, 2019-2026 (USD Million)
Table 194 Rest of South America: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 195 Rest of South America: Market, by Technology, 2019-2026 (USD Million)
Table 196 Rest of South America: Market, by End-user, 2019-2026 (USD Million)
11.6 Middle East & Africa
11.6.1 By Type
Table 197 Middle East and Africa: Market, by Type, 2019-2026 (USD Million)
11.6.2 By Communication Type
Table 198 Middle East and Africa: Market, by Communication Type, 2019-2026 (USD Million)
11.6.3 By Component
Table 199 Middle East and Africa: Market, by Component, 2019-2026 (USD Million)
Table 200 Middle East and Africa: Market for Software, by Type, 2019-2026 (USD Million)
Table 201 Middle East and Africa: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
11.6.4 By Technology
Table 202 Middle East and Africa: Market, by Technology, 2019-2026 (USD Million)
11.6.5 By End-user
Table 203 Middle East and Africa: Market, by End-user, 2019-2026 (USD Million)
11.6.6 By Country
Table 204 Middle East and Africa: Market, by Country, 2019-2026 (USD Million)
11.6.6.1 Saudi Arabia
11.6.6.1.1 Need for Better Infrastructure, Availability of Capital, and Need for Operational Efficiency are Primary Drivers for Smart Meters Market
Table 205 Saudi Arabia: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 206 Saudi Arabia: Market, by Communication Type, 2019-2026 (USD Million)
Table 207 Saudi Arabia: Market, by Component, 2019-2026 (USD Million)
Table 208 Saudi Arabia: Market for Software, by Type, 2019-2026 (USD Million)
Table 209 Saudi Arabia: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 210 Saudi Arabia: Market, by Technology, 2019-2026 (USD Million)
Table 211 Saudi Arabia: Market, by End-user, 2019-2026 (USD Million)
11.6.6.2 UAE
11.6.6.2.1 Growing Energy Consumption and Improving Utility Operations are Driving Market Growth
Table 212 UAE: Market, by Type, 2019-2026 (USD Million)
Table 213 UAE: Market, by Communication Type, 2019-2026 (USD Million)
Table 214 UAE: Market, by Component, 2019-2026 (USD Million)
Table 215 UAE: Market for Software, by Type, 2019-2026 (USD Million)
Table 216 UAE: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 217 UAE: Market, by Technology, 2019-2026 (USD Million)
Table 218 UAE: Market, by End-user, 2019-2026 (USD Million)
11.6.6.3 South Africa
11.6.6.3.1 Rising Need to Reduce Utility Debt is Driving Market for Smart Meters
Table 219 South Africa: Smart Meters Market, by Type, 2019-2026 (USD Million)
Table 220 South Africa: Market, by Communication Type, 2019-2026 (USD Million)
Table 221 South Africa: Market, by Component, 2019-2026 (USD Million)
Table 222 South Africa: Market for Software, by Type, 2019-2026 (USD Million)
Table 223 South Africa: Smart Meters for Hardware, by Type, 2019-2026 (USD Million)
Table 224 South Africa: Market, by Technology, 2019-2026 (USD Million)
Table 225 South Africa: Market, by End-user, 2019-2026 (USD Million)
11.6.6.4 Rest of Middle East & Africa
Table 226 Rest of Middle East & Africa: Market, by Type, 2019-2026 (USD Million)
Table 227 Rest of Middle East & Africa: Market, by Communication Type, 2019-2026 (USD Million)
Table 228 Rest of Middle East & Africa: Market, by Component, 2019-2026 (USD Million)
Table 229 Rest of Middle East & Africa: Market for Software, by Type, 2019-2026 (USD Million)
Table 230 Rest of Middle East & Africa: Market for Hardware, by Type, 2019-2026 (USD Million)
Table 231 Rest of Middle East & Africa: Market, by Technology, 2019-2026 (USD Million)
Table 232 Rest of Middle East & Africa: Market, by End-user, 2019-2026 (USD Million)