+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Smart Electricity Meter - Global Market Outlook (2019-2027)

  • ID: 5116430
  • Report
  • June 2020
  • Region: Global
  • 163 pages
  • Stratistics Market Research Consulting Pvt Ltd

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • ABB
  • Benchmarking
  • Elster Group GmbH
  • Holley Metering
  • Itron Inc.
  • Microchip Technology
  • MORE
The Global Smart Electricity Meter market accounted for $10.22 billion in 2019 and is expected to reach $16.53 billion by 2027 growing at a CAGR of 6.2% during the forecast period. Some of the key factors propelling market growth include increased need for efficient data monitoring systems coupled with favorable government policies for smart meter rollout, improved cost savings, and increasing emphasis on renewable energy sources globally. However, high initial investment and delay in smart meter rollout projects are likely to hamper the market.

Smart electricity meter is a next generation technology that measures electricity consumption of a home or a building. It is an internet capable device, which not only records daily consumption of energy but also helps in managing energy distribution and provides two-way communication between the building and utility infrastructure. Smart electricity meters simplify the inline communication of electricity suppliers with consumer’s electricity meters eradicating the manual involvement in meter readings. These meters also help the customer in selecting tariff plans made to fit their energy consumption.

By end user, the residential segment is anticipated to grow at significant rate during the forecast period, due to the widespread use of sophisticated electrical, electronic, and data equipment and growing importance of power management solutions. The installation of smart electric meters in residential places would help in reducing the dependence on fossil fuels, as the smart electric meters can assist the consumers to monitor, regularize, and reduce their consumptions from the grid, and generators, and further integrate their consumptions from renewable energy sources such as solar installations.

On the basis of geography, Asia Pacific is expected to be the significant smart electric meter market during the forecast period. It is the most-populated region in the world and consequently witnesses a high demand for electricity. The rise in investments in smart grid technologies and smart cities, the increase in the number of data centers, and a surge in IT hubs and commercial institutions drive the smart electric meter market in the region. China is the largest country in APAC, owing to the large-scale rollout plans; the country accounted for the highest installed generation and distribution capacity in the Asia Pacific region, resulting in an increased demand for smart electric meters.

Some of the key players in smart electricity meter market include Siemens AG, Silver Spring Networks Inc., ABB, Schneider Electric, Jiangsu Linyang, Honeywell, Aclara, Microchip Technology, Benchmarking, Landis+Gyr (Toshiba Corporation), Networked Energy Services, Holley Metering, Genus Power Infrastructure, General Electric, Wasion Group, Elster Group GmbH, Itron Inc., Sensus USA Inc, Echelon Corp., and Hexing Electric Company Ltd.

Communication Technologies Covered:
  • Auto Meter Reading
  • Advanced Metering Infrastructure
Phases Covered:
  • GISM (Single Phase)
  • GIST (Three Phase)
  • GISS (Heavy Consumers)
Types Covered:
  • Gas
  • Electric
  • Water
End Users Covered:
  • Commercial
  • Utility
  • Government
  • Residential
  • Industrial
Components Covered:
  • Software
  • Hardware
Distribution Channels Covered:
  • Offline
  • Online
Regions Covered:

North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • France
  • Italy
  • UK
  • Spain
  • Rest of Europe
Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • Rest of Asia Pacific
South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa
What the report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company Profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

Purchasers of this report will be entitled to receive one of the following free customization options:

1. Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
2. Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
3. Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

This report will be delivered within 2 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB
  • Benchmarking
  • Elster Group GmbH
  • Holley Metering
  • Itron Inc.
  • Microchip Technology
  • MORE
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Smart Electricity Meter Market, By Communication Technology
5.1 Introduction
5.2 Auto Meter Reading
5.3 Advanced Metering Infrastructure
5.3.1 Radio Frequency (RF)
5.3.2 Cellular
5.3.3 Power Line Communication (PLC)

6 Global Smart Electricity Meter Market, By Phase
6.1 Introduction
6.2 GISM (Single Phase)
6.3 GIST (Three Phase)
6.4 GISS (Heavy Consumers)

7 Global Smart Electricity Meter Market, By Type
7.1 Introduction
7.2 Gas
7.3 Electric
7.4 Water

8 Global Smart Electricity Meter Market, By End User
8.1 Introduction
8.2 Commercial
8.2.1 Healthcare
8.2.2 Education
8.2.3 Logistics & Transportation
8.2.4 Retail
8.2.5 Hospitality
8.2.6 Offices
8.3 Utility
8.4 Government
8.5 Residential
8.5.1 Multi Family
8.5.2 Single Family
8.6 Industrial

9 Global Smart Electricity Meter Market, By Component
9.1 Introduction
9.2 Software
9.3 Hardware

10 Global Smart Electricity Meter Market, By Distribution Channel
10.1 Introduction
10.2 Offline
10.3 Online

11 Global Smart Electricity Meter Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 Siemens AG
13.2 Silver Spring Networks Inc.
13.3 ABB
13.4 Schneider Electric
13.5 Jiangsu Linyang
13.6 Honeywell
13.7 Aclara
13.8 Microchip Technology
13.9 Benchmarking
13.10 Landis+Gyr (Toshiba Corporation)
13.11 Networked Energy Services
13.12 Holley Metering
13.13 Genus Power Infrastructure
13.14 General Electric
13.15 Wasion Group
13.16 Elster Group GmbH
13.17 Itron Inc.
13.18 Sensus USA Inc
13.19 Echelon Corp.
13.20 Hexing Electric Company Ltd

List of Tables
Table 1 Global Smart Electricity Meter Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Smart Electricity Meter Market Outlook, By Communication Technology (2018-2027) ($MN)
Table 3 Global Smart Electricity Meter Market Outlook, By Auto Meter Reading (2018-2027) ($MN)
Table 4 Global Smart Electricity Meter Market Outlook, By Advanced Metering Infrastructure (2018-2027) ($MN)
Table 5 Global Smart Electricity Meter Market Outlook, By Radio Frequency (RF) (2018-2027) ($MN)
Table 6 Global Smart Electricity Meter Market Outlook, By Cellular (2018-2027) ($MN)
Table 7 Global Smart Electricity Meter Market Outlook, By Power Line Communication (PLC) (2018-2027) ($MN)
Table 8 Global Smart Electricity Meter Market Outlook, By Phase (2018-2027) ($MN)
Table 9 Global Smart Electricity Meter Market Outlook, By GISM (Single Phase) (2018-2027) ($MN)
Table 10 Global Smart Electricity Meter Market Outlook, By GIST (Three Phase) (2018-2027) ($MN)
Table 11 Global Smart Electricity Meter Market Outlook, By GISS (Heavy Consumers) (2018-2027) ($MN)
Table 12 Global Smart Electricity Meter Market Outlook, By Type (2018-2027) ($MN)
Table 13 Global Smart Electricity Meter Market Outlook, By Gas (2018-2027) ($MN)
Table 14 Global Smart Electricity Meter Market Outlook, By Electric (2018-2027) ($MN)
Table 15 Global Smart Electricity Meter Market Outlook, By Water (2018-2027) ($MN)
Table 16 Global Smart Electricity Meter Market Outlook, By End User (2018-2027) ($MN)
Table 17 Global Smart Electricity Meter Market Outlook, By Commercial (2018-2027) ($MN)
Table 18 Global Smart Electricity Meter Market Outlook, By Healthcare (2018-2027) ($MN)
Table 19 Global Smart Electricity Meter Market Outlook, By Education (2018-2027) ($MN)
Table 20 Global Smart Electricity Meter Market Outlook, By Logistics & Transportation (2018-2027) ($MN)
Table 21 Global Smart Electricity Meter Market Outlook, By Retail (2018-2027) ($MN)
Table 22 Global Smart Electricity Meter Market Outlook, By Hospitality (2018-2027) ($MN)
Table 23 Global Smart Electricity Meter Market Outlook, By Offices (2018-2027) ($MN)
Table 24 Global Smart Electricity Meter Market Outlook, By Utility (2018-2027) ($MN)
Table 25 Global Smart Electricity Meter Market Outlook, By Government (2018-2027) ($MN)
Table 26 Global Smart Electricity Meter Market Outlook, By Residential (2018-2027) ($MN)
Table 27 Global Smart Electricity Meter Market Outlook, By Multi Family (2018-2027) ($MN)
Table 28 Global Smart Electricity Meter Market Outlook, By Single Family (2018-2027) ($MN)
Table 29 Global Smart Electricity Meter Market Outlook, By Industrial (2018-2027) ($MN)
Table 30 Global Smart Electricity Meter Market Outlook, By Component (2018-2027) ($MN)
Table 31 Global Smart Electricity Meter Market Outlook, By Software (2018-2027) ($MN)
Table 32 Global Smart Electricity Meter Market Outlook, By Hardware (2018-2027) ($MN)
Table 33 Global Smart Electricity Meter Market Outlook, By Distribution Channel (2018-2027) ($MN)
Table 34 Global Smart Electricity Meter Market Outlook, By Offline (2018-2027) ($MN)
Table 35 Global Smart Electricity Meter Market Outlook, By Online (2018-2027) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Note: Product cover images may vary from those shown
  • Siemens AG
  • Silver Spring Networks Inc.
  • ABB
  • Schneider Electric
  • Jiangsu Linyang
  • Honeywell
  • Aclara
  • Microchip Technology
  • Benchmarking
  • Landis+Gyr (Toshiba Corporation)
  • Networked Energy Services
  • Holley Metering
  • Genus Power Infrastructure
  • General Electric
  • Wasion Group
  • Elster Group GmbH
  • Itron Inc.
  • Sensus USA Inc
  • Echelon Corp.
  • Hexing Electric Company Ltd
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll