Smart Meters Market Size, Share, Trends, Growth and Forecast 2032
Smart Meters Market by Technology (Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI)) by Type (Electric Meters, Water Meters, and Gas Meters) by Application (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032
Category: Semiconductor & Electronics Report Format : PDF
Pages: 167 Report Code: ZMR-4813
Published Date: Sep-2024 Status : Published
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 29.54 Billion | USD 63.26 Billion | 8.83% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Smart Meters Market, 2016-2025 (USD Million)
- 2.2. Smart Meters Market, 2016-2025 (USD Million)
- 2.3. Smart Meters Market: Snapshot
- Chapter 3. Smart Meters Market - Industry Analysis
- 3.1. Smart Meters Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Driver 1
- 3.2.2. Driver 2
- 3.3. Restraints
- 3.3.1. Restraint 1
- 3.3.2. Restraint 2
- 3.4. Opportunity
- 3.4.1. Government funding and support
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis by Type
- 3.6.2. Market attractiveness analysis by Technology
- 3.6.3. Market attractiveness analysis by Application
- 3.6.4. Market attractiveness analysis by Region
- Chapter 4. Smart Meters Market- Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Smart Meters Market : company share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Type launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Smart Meters Market -Type Analysis
- 5.1. Global Smart Meters Market overview: by Type
- 5.1.1. Global Smart Meters Market share, by Type,2018 and 2025
- 5.2. Electric Meters
- 5.2.1. Global Smart Meters Market by Electric Meters, 2016-2025 (USD Million)
- 5.3. Water Meters
- 5.3.1. Global Smart Meters Market by Water Meters, 2016-2025 (USD Million)
- 5.4. Gas Meters
- 5.4.1. Global Smart Meters Market by Gas Meters, 2016-2025 (USD Million)
- 5.1. Global Smart Meters Market overview: by Type
- Chapter 6. Global Smart Meters Market -Technology Analysis
- 6.1. Global Smart Meters Market overview: by Technology
- 6.1.1. Global Smart Meters Market share, by Technology, 2018 and 2025
- 6.2. Automatic Meter Reading (AMR)
- 6.2.1. Global Smart Meters Market by Automatic Meter Reading (AMR), 2016-2025 (USD Million)
- 6.3. Advanced Metering Infrastructure (AMI)
- 6.3.1. Global Smart Meters Market by Advanced Metering Infrastructure (AMI), 2016-2025 (USD Million)
- 6.1. Global Smart Meters Market overview: by Technology
- Chapter 7. Global Smart Meters Market -Application Analysis
- 7.1. Global Smart Meters Market overview: by Application
- 7.1.1. Global Smart Meters Market share, by Application, 2018 and 2025
- 7.2. Residential
- 7.2.1. Global Smart Meters Market by Residential, 2016-2025 (USD Million)
- 7.3. Commercial
- 7.3.1. Global Smart Meters Market by Commercial, 2016-2025 (USD Million)
- 7.4. Industrial
- 7.4.1. Global Smart Meters Market by Industrial, 2016-2025 (USD Million)
- 7.1. Global Smart Meters Market overview: by Application
- Chapter 8. Global Smart Meters Market - Regional Analysis
- 8.1. Global Smart Meters Market overview: by Region
- 8.1.1. Global Smart Meters Market share, by Region, 2018 and 2025
- 8.2. North America
- 8.2.1. North America Smart Meters Market , 2016-2025 (USD Million)
- 8.2.2. North America Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.2.3. North America Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.2.4. North America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.2.5. The U.S.
- 8.2.5.1. The U.S.Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.2.5.2. The U.S.Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.2.5.3. The U.S.Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.2.6. Rest of North America
- 8.2.6.1. Rest of North America Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.2.6.2. Rest of North America Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.2.6.3. Rest of North America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Smart Meters Market , 2016-2025 (USD Million)
- 8.3.2. Europe Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.3.3. Europe Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.3.4. Europe Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.3.5. UK
- 8.3.5.1. U.K.Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.3.5.2. U.K.Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.3.5.3. U.K. Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.3.6. France
- 8.3.6.1. France Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.3.6.2. France Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.3.6.3. France Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.3.7. Germany
- 8.3.7.1. Germany Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.3.7.2. Germany Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.3.7.3. Germany Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.3.8. Rest of Europe
- 8.3.8.1. Rest of EuropeSmart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.3.8.2. Rest of EuropeSmart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.3.8.3. Rest of Europe Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Smart Meters Market , 2016-2025 (USD Million)
- 8.4.2. Asia Pacific Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.4.3. Asia Pacific Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.4.4. Asia Pacific Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.4.5. China
- 8.4.5.1. China Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.4.5.2. China Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.4.5.3. China Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.4.6. Japan
- 8.4.6.1. Japan Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.4.6.2. Japan Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.4.6.3. Japan Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.4.7. India
- 8.4.7.1. India Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.4.7.2. India Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.4.7.3. India Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.4.8. Rest of Asia Pacific
- 8.4.8.1. Rest of Asia Pacific Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.4.8.2. Rest of Asia Pacific Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.4.8.3. Rest of Asia Pacific Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Smart Meters Market , 2016-2025 (USD Million)
- 8.5.2. Latin America Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.5.3. Latin America Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.5.4. Latin America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.5.5. Brazil
- 8.5.5.1. Brazil Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.5.5.2. Brazil Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.5.5.3. Brazil Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.5.6. Rest of LatinAmerica
- 8.5.6.1. Rest of LatinAmerica Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.5.6.2. Rest of LatinAmerica Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.5.6.3. Rest of Latin America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.6. The Middle East and Africa
- 8.6.1. The Middle East and Africa Smart Meters Market , 2016-2025 (USD Million)
- 8.6.2. The Middle East and Africa Smart Meters Market revenue, by Type,2016-2025 (USD Million)
- 8.6.3. The Middle East and Africa Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
- 8.6.4. The Middle East and Africa Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
- 8.1. Global Smart Meters Market overview: by Region
- Chapter 9. Company Profiles
- 9.1. Siemens AG
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Type Portfolio
- 9.1.4. Business Strategy
- 9.1.5. Recent Developments
- 9.2. Schneider Electric
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Type Portfolio
- 9.2.4. Business Strategy
- 9.2.5. Recent Developments
- 9.3. Honeywell International
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Type Portfolio
- 9.3.4. Business Strategy
- 9.3.5. Recent Developments
- 9.4. Itron, Inc
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Type Portfolio
- 9.4.4. Business Strategy
- 9.4.5. Recent Developments
- 9.5. EDMI Limited
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Type Portfolio
- 9.5.4. Business Strategy
- 9.5.5. Recent Development
- 9.6. Sensus (Xylem)
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Type Portfolio
- 9.6.4. Business Strategy
- 9.6.5. Recent Development
- 9.7. Toshiba Corporation
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Type Portfolio
- 9.7.4. Business Strategy
- 9.7.5. Recent Development
- 9.8. Holley Metering
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Type Portfolio
- 9.8.4. Business Strategy
- 9.8.5. Recent Development
- 9.9. Limited, Badger Meter
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Type Portfolio
- 9.9.4. Business Strategy
- 9.9.5. Recent Development
- 9.10. Aclara Technologies
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Type Portfolio
- 9.10.4. Business Strategy
- 9.10.5. Recent Development
- 9.1. Siemens AG
Methodology
FrequentlyAsked Questions
A smart meter is an electronic device that records consumption and communicates the data to the supplier for billing and monitoring purposes. These meters are of two types, namely advanced metering infrastructure (AMI) and automatic meter reading (AMR). Communication from the meter to the network can be wireless or fixed wired connections.
The Smart Meters Market was valued at USD 29.54 Billion in 2023.
The Smart Meters Market is expected to reach USD USD 63.26 Billion by 2032, growing at a CAGR of 8.83% between 2024 to 2032.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Detailed analysis of the major players in the global smart meters market includes their financial overview, business strategies, recent developments, and the product offered by them in the market. Key competitors included in this report are Siemens AG, Schneider Electric, Honeywell International, Inc., Itron, Inc., EDMI Limited, Sensus (Xylem), Toshiba Corporation, Holley Metering, Limited, Badger Meter, Inc., Aclara Technologies, LLC, and Kamstrup A/S among others.
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