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Smart Meter Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, Technology, End User, and Geography- Product Image
Smart Meter Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, Technology, End User, and Geography- Product Image
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Smart Meter Market Size and Forecast, Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type, Technology, End User, and Geography

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    Report

  • 210 Pages
  • July 2025
  • Region: Global
  • The Insight Partners
  • ID: 6114309
Description Jump to:
The Smart meter market size was valued at US$ 49.24 billion in 2024 and is projected to reach US$ 26.21 billion by 2031; it is expected to register a CAGR of 9.8% from 2025 to 2031.

The US has emerged as a global frontrunner in smart meter deployment, propelled by strong federal backing, utility-driven grid modernization programs, and proactive state-level policies. This widespread adoption reflects a national commitment to enhancing energy efficiency, improving grid reliability, and enabling more responsive energy management. In August 2024, Iberdrola, through its US subsidiary Avangrid, is advancing its role in modernizing the country’s energy infrastructure and supporting the energy transition by deploying over 700,000 smart meters for electricity and gas customers in New York State.

This initiative enables more accurate, real-time consumption data, moving away from estimated readings and enhancing grid efficiency. The smart meters - installed for customers of New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) - facilitate wireless communication with utilities, improving outage detection and response capabilities and aligning with Iberdrola’s broader commitment to sustainable energy development.

In January 2023, the German government approved a draft of legislation aimed at revitalizing the digitalization of the energy transition and expediting the nationwide rollout of smart meters. Effective from Spring 2023, the law facilitates the immediate launch of large-scale smart meter deployments, with mandatory implementation beginning in 2025. It also outlines a clear roadmap with legally binding milestones, targeting near-complete adoption by 2030. This new act is designed to significantly accelerate the rollout of smart meters and elevate the digital infrastructure essential for a modern energy system.

Smart meters are a critical enabler of a low-emissions energy future, providing the digital backbone needed to manage variable energy demand and intermittent renewable generation effectively. Furthermore, in 2022, Italy emerged as the market leader in smart meter deployment, installing ~2.6 million units within the year. As of May 2024, the country successfully concluded its first-generation smart meter rollout, reaching a total of 36.2 million installed devices. Progress on the second-generation rollout has also been substantial, with 30.2 million units deployed - representing 82% completion. This reflects Italy's strong commitment to modernizing its energy infrastructure through advanced metering technology.

Some of the key players operating in the Smart meter market are J Landis+Gyr; Schneider Electric; Itron, Inc.; Xylem (Sensus); Sagemcom; Hubbell; ZENNER International GmbH & Co. KG; Honeywell International; BOVE Technology; and Siemens AG. These players offer innovative products at affordable prices that attract a large number of consumers, opening new opportunities for them in the coming years.

The overall Smart meter market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the Smart meter market.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Smart Meter market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Smart Meter market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness Analysis
3. Research Methodology
4. Smart Meter Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Impact of Trump's Reciprocal Tariffs
4.4 Ecosystem Analysis
4.4.1 List of Vendors in the Value Chain
5. Smart Meter Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Smart Meter Market - Global Market Analysis
6.1 Smart Meter - Global Market Overview
6.2 Smart Meter - Global Market and Forecast to 2031
7. Smart Meter Market - Revenue Analysis (USD Million) - By Type, 2020-2031
7.1 Overview
7.2 Smart Electric Meter
7.3 Smart Water Meter
7.4 Smart Gas Meter
8. Smart Meter Market - Revenue Analysis (USD Million) - By Technology, 2020-2031
8.1 Overview
8.2 Automated Meter Reading
8.3 Advanced Metering Infrastructure
9. Smart Meter Market - Revenue Analysis (USD Million) - By End User, 2020-2031
9.1 Overview
9.2 Residential
9.3 Commercial
9.4 Industrial
10. Smart Meter Market - Revenue Analysis (USD Million), 2020-2031 - Geographical Analysis
10.1 North America
10.1.1 North America Smart Meter Market Overview
10.1.2 North America Smart Meter Market Revenue and Forecasts to 2031
10.1.3 North America Smart Meter Market Revenue and Forecasts and Analysis - By Type
10.1.4 North America Smart Meter Market Revenue and Forecasts and Analysis - By Technology
10.1.5 North America Smart Meter Market Revenue and Forecasts and Analysis - By End User
10.1.6 North America Smart Meter Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 United States Smart Meter Market
10.1.6.1.1 United States Smart Meter Market, by Type
10.1.6.1.2 United States Smart Meter Market, by Technology
10.1.6.1.3 United States Smart Meter Market, by End User
10.1.6.2 Canada Smart Meter Market
10.1.6.2.1 Canada Smart Meter Market, by Type
10.1.6.2.2 Canada Smart Meter Market, by Technology
10.1.6.2.3 Canada Smart Meter Market, by End User
10.1.6.3 Mexico Smart Meter Market
10.1.6.3.1 Mexico Smart Meter Market, by Type
10.1.6.3.2 Mexico Smart Meter Market, by Technology
10.1.6.3.3 Mexico Smart Meter Market, by End User
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 United Kingdom
10.2.5 Russia
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 Australia
10.3.2 China
10.3.3 India
10.3.4 Japan
10.3.5 South Korea
10.3.6 Rest of Asia-Pacific
10.4 Middle East and Africa
10.4.1 South Africa
10.4.2 Saudi Arabia
10.4.3 U.A.E
10.4.4 Rest of Middle East and Africa
10.5 South and Central America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South and Central America
11. Industry Landscape
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Market Share Analysis, 2024
13. Smart Meter Market - Key Company Profiles
13.1 Landis+Gyr Group AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Siemens AG
13.3 Honeywell International Inc
13.4 Hubbell Inc
13.5 Schneider Electric SE
13.6 Itron Inc
13.7 BOVE Technology
13.8 ZENNER International GmbH and Co. KG
13.9 Xylem Inc.
13.10 Sagemcom UK Ltd
14. Appendix
14.1 Glossary
14.2 Meet Our Analysts
14.3 About the Publisher
14.4 Market Intelligence Cloud
LIST OF TABLES
Table 1. Smart Meter Market Segmentation
Table 2. Smart Meter Market - Revenue, 2021-2024 (US$ Million)
Table 3. Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million)
Table 4. Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 5. Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 6. Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 7. Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 8. Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 9. Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 10. North America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 11. North America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 12. North America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 13. North America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 14. North America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 15. North America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 16. North America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Country
Table 17. North America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Country
Table 18. United States: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 19. United States: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 20. United States: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 21. United States: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 22. United States: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 23. United States: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 24. Canada: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 25. Canada: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 26. Canada: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 27. Canada: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 28. Canada: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 29. Canada: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 30. Mexico: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 31. Mexico: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 32. Mexico: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 33. Mexico: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 34. Mexico: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 35. Mexico: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 36. Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 37. Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 38. Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 39. Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 40. Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 41. Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 42. Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Country
Table 43. Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Country
Table 44. United Kingdom: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 45. United Kingdom: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 46. United Kingdom: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 47. United Kingdom: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 48. United Kingdom: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 49. United Kingdom: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 50. Germany: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 51. Germany: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 52. Germany: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 53. Germany: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 54. Germany: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 55. Germany: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 56. France: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 57. France: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 58. France: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 59. France: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 60. France: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 61. France: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 62. Italy: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 63. Italy: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 64. Italy: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 65. Italy: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 66. Italy: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 67. Italy: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 68. Russia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 69. Russia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 70. Russia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 71. Russia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 72. Russia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 73. Russia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 74. Rest of Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 75. Rest of Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 76. Rest of Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 77. Rest of Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 78. Rest of Europe: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 79. Rest of Europe: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 80. Asia Pacific: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 81. Asia Pacific: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 82. Asia Pacific: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 83. Asia Pacific: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 84. Asia Pacific: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 85. Asia Pacific: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 86. Asia Pacific: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Country
Table 87. Asia Pacific: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Country
Table 88. India: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 89. India: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 90. India: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 91. India: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 92. India: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 93. India: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 94. China: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 95. China: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 96. China: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 97. China: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 98. China: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 99. China: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 100. Japan: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 101. Japan: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 102. Japan: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 103. Japan: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 104. Japan: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 105. Japan: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 106. South Korea: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 107. South Korea: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 108. South Korea: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 109. South Korea: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 110. South Korea: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 111. South Korea: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 112. Australia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 113. Australia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 114. Australia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 115. Australia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 116. Australia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 117. Australia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 118. Rest of APAC: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 119. Rest of APAC: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 120. Rest of APAC: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 121. Rest of APAC: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 122. Rest of APAC: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 123. Rest of APAC: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 124. Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 125. Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 126. Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 127. Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 128. Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 129. Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 130. Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Country
Table 131. Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Country
Table 132. United Arab Emirates: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 133. United Arab Emirates: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 134. United Arab Emirates: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 135. United Arab Emirates: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 136. United Arab Emirates: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 137. United Arab Emirates: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 138. Saudi Arabia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 139. Saudi Arabia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 140. Saudi Arabia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 141. Saudi Arabia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 142. Saudi Arabia: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 143. Saudi Arabia: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 144. South Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 145. South Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 146. South Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 147. South Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 148. South Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 149. South Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 150. Rest of Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 151. Rest of Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 152. Rest of Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 153. Rest of Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 154. Rest of Middle East and Africa: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 155. Rest of Middle East and Africa: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 156. South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 157. South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 158. South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 159. South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 160. South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 161. South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 162. South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Country
Table 163. South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Country
Table 164. Brazil: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 165. Brazil: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 166. Brazil: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 167. Brazil: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 168. Brazil: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 169. Brazil: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 170. Argentina: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 171. Argentina: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 172. Argentina: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 173. Argentina: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 174. Argentina: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 175. Argentina: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 176. Rest of South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Type
Table 177. Rest of South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Type
Table 178. Rest of South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by Technology
Table 179. Rest of South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by Technology
Table 180. Rest of South and Central America: Smart Meter Market - Revenue, 2021-2024 (US$ Million) - by End User
Table 181. Rest of South and Central America: Smart Meter Market - Revenue Forecast, 2025-2031 (US$ Million) - by End User
Table 182. Heat Map Analysis by Key Players
Table 183. List of Abbreviation
LIST OF FIGURES
Figure 1. Smart Meter Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Smart Meter Market Revenue (US$ Million), 2021-2031
Figure 6. Smart Meter Market Share (%) - by Type (2024 and 2031)
Figure 7. Smart Electric Meter: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 8. Smart Water Meter: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 9. Smart Gas Meter: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 10. Smart Meter Market Share (%) - by Technology (2024 and 2031)
Figure 11. Advanced Metering Infrastructure: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 12. Automated Meter Reading: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 13. Smart Meter Market Share (%) - by End User (2024 and 2031)
Figure 14. Residential: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 15. Commercial: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 16. Industrial: Smart Meter Market - Revenue and Forecast to 2031 (US$ Million)
Figure 17. Smart Meter Market Breakdown by Region, 2024 and 2031 (%)
Figure 18. North America: Smart Meter Market - Revenue, 2021-2031 (US$ Million)
Figure 19. North America: Smart Meter Market Breakdown, by Type (2024 and 2031)
Figure 20. North America: Smart Meter Market Breakdown, by Technology (2024 and 2031)
Figure 21. North America: Smart Meter Market Breakdown, by End User (2024 and 2031)
Figure 22. North America: Smart Meter Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 23. United States: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 24. Canada: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 25. Mexico: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 26. Europe: Smart Meter Market - Revenue, 2021-2031 (US$ Million)
Figure 27. Europe: Smart Meter Market Breakdown, by Type (2024 and 2031)
Figure 28. Europe: Smart Meter Market Breakdown, by Technology (2024 and 2031)
Figure 29. Europe: Smart Meter Market Breakdown, by End User (2024 and 2031)
Figure 30. Europe: Smart Meter Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 31. United Kingdom: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 32. Germany: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 33. France: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 34. Italy: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 35. Russia: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 36. Rest of Europe: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 37. Asia Pacific: Smart Meter Market - Revenue, 2021-2031 (US$ Million)
Figure 38. Asia Pacific: Smart Meter Market Breakdown, by Type (2024 and 2031)
Figure 39. Asia Pacific: Smart Meter Market Breakdown, by Technology (2024 and 2031)
Figure 40. Asia Pacific: Smart Meter Market Breakdown, by End User (2024 and 2031)
Figure 41. Asia Pacific: Smart Meter Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 42. India: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 43. China: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 44. Japan: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 45. South Korea: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 46. Australia: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 47. Rest of APAC: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 48. Middle East and Africa: Smart Meter Market - Revenue, 2021-2031 (US$ Million)
Figure 49. Middle East and Africa: Smart Meter Market Breakdown, by Type (2024 and 2031)
Figure 50. Middle East and Africa: Smart Meter Market Breakdown, by Technology (2024 and 2031)
Figure 51. Middle East and Africa: Smart Meter Market Breakdown, by End User (2024 and 2031)
Figure 52. Middle East and Africa: Smart Meter Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 53. United Arab Emirates: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 54. Saudi Arabia: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 55. South Africa: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 56. Rest of Middle East and Africa: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 57. South and Central America: Smart Meter Market - Revenue, 2021-2031 (US$ Million)
Figure 58. South and Central America: Smart Meter Market Breakdown, by Type (2024 and 2031)
Figure 59. South and Central America: Smart Meter Market Breakdown, by Technology (2024 and 2031)
Figure 60. South and Central America: Smart Meter Market Breakdown, by End User (2024 and 2031)
Figure 61. South and Central America: Smart Meter Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 62. Brazil: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 63. Argentina: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 64. Rest of South and Central America: Smart Meter Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 65. Company Market Share Analysis, 2024

Companies Mentioned

The List of Companies in the Smart Meter Market include:
  • Landis+Gyr
  • Schneider Electric
  • Itron, Inc.
  • Xylem (Sensus)
  • Hubell, Sagemcom
  • ZENNER International GmbH & Co. KG
  • Honeywell International
  • BOVE Technology
  • Siemens AG

Table Information

Report AttributeDetails
No. of Pages210
PublishedJuly 2025
Forecast Period2024 - 2031
Estimated Market Value in 2024 26.21 Billion
Forecasted Market Value by 2031 49.24 Billion
Compound Annual Growth Rate9.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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