Smart Meters Market Outlook Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027

Market Research Engine has published a new report titled as “Smart Meters Market Size by Application (Commercial Smart Meter, Industrial Smart Meter, Residential Smart Meter), By Type (Smart Water Meters, Smart Gas Meters, Smart Electric Meters), By Technology (Advanced Metering Infrastructure, Automatic Meter Reading), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analyis Report, Forecast 2020-2025”.

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The Global Smart Meters Market is expected to grow by 2025 at a CAGR of 10.18%.

This Smart Meter market study offers a complete analysis of the business models, key strategies, and respective market shares of a number of the foremost prominent players during this landscape. Alongside an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered within the full study. This study is one among the foremost comprehensive documentation that captures all the facets of the developing Smart Meter market. On a worldwide scale, many countries face challenges to satisfy the growing demand for energy. Thus, utilities are trying to find innovative and efficient ways to manage generation, transmission and worldwide distribution of energy. Global smart meter market consists of digital electronic devices for measuring and two-way information sharing to manage and control power consumption by customers. Customers even have the advantage of tracking their energy consumption and billing through internet. Global smart meter market demand is more in residential areas as compared to commercial areas and electric smart meter is prominently used among the kinds of smart meters. Environmental concerns for reducing carbon and energy wastage and for regulating supply of energy, are major factors driving global smart meter market. Global smart meter market is anticipated to grow with one-digit compound annual rate of growth during the estimate period. A smart meter is a device that records consumption and communicates the info to the supplier for billing and monitoring purposes. These meters are of two types, namely advanced metering infrastructure and automatic meter reading. Communication from the meter to the network are often wireless or fixed wired connections.

FYI, You will get latest updated report as per the COVID-19 Impact on this industry. Our updated reports will now feature detailed analysis that will help you make critical decisions.

The global Smart Meters market is segregated on the basis of Application as Commercial Smart Meter, Industrial Smart Meter, and Residential Smart Meter. Based on Type the global Smart Meters market is segmented in Smart Water Meters, Smart Gas Meters, and Smart Electric Meters. Based on Technology the global Smart Meters market is segmented in Advanced Metering Infrastructure and Automatic Meter Reading.

The global Smart Meters market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Meters market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Report Scope:

The global Smart Meters market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Meters market share. Major industry players with significant revenue share include Kamstrup A/S, Wasion Group, Jiangsu Linyang Energy Co., Atmel Corporation, Landis+GYR , Schneider Electric, Siemens AG, Honeywell International, Inc., Itron, Inc., Sensus , and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Smart Meters industry trends
  • Find complete analysis on the market status
  • Identify the Smart Meters market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Competitive Rivalry

Kamstrup A/S, Wasion Group, Jiangsu Linyang Energy Co., Atmel Corporation, Landis+GYR , Schneider Electric, Siemens AG, Honeywell International, Inc., Itron, Inc., Sensus , and others are among the major players in the global Smart Meters market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Smart Meters Market has been segmented as below:

Smart Meters Market, By Application

  • Commercial Smart Meter
  • Industrial Smart Meter
  • Residential Smart Meter

Smart Meters Market, By Type

  • Smart Water Meters
  • Smart Gas Meters
  • Smart Electric Meters

Smart Meters Market, By Technology

  • Advanced Metering Infrastructure
  • Automatic Meter Reading

Smart Meters Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Smart Meters Market, By Company

  • Kamstrup A/S
  • Wasion Group
  • Jiangsu Linyang Energy Co.
  • Atmel Corporation
  • Landis+GYR
  • Schneider Electric
  • Siemens AG
  • Honeywell International, Inc.
  • Itron, Inc.
  • Sensus
  • EDMI Limited
  • Badger Meter, Inc.
  • Holley Metering, Limited
  • ICSA, Limited
  • Aclara Technologies, LLC

The report covers:

  • Global Smart Meters market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Smart Meters market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Meters market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players


Customized report as per the requirement can be offered with appropriate recommendations

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Table of Contents

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    5. Smart Meters Market, By Application
    5.1 Introduction
    5.2 Commercial Smart Meter
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Industrial Smart Meter
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    5.4 Residential Smart Meter
    5.4.1 Market Overview
    5.4.2 Market Size and Forecast
    6. Smart Meters Market, By Type
    6.1 Introduction
    6.2 Smart Water Meters
    6.2.1 Market Overview
    6.2.2 Market Size and Forecast
    6.3 Smart Gas Meters
    6.3.1 Market Overview
    6.3.2 Market Size and Forecast
    6.4 Smart Electric Meters
    6.4.1 Market Overview
    6.4.2 Market Size and Forecast
    7. Smart Meters Market, By Technology
    7.1 Introduction
    7.2 Advanced Metering Infrastructure
    7.2.1 Market Overview
    7.2.2 Market Size and Forecast
    7.3 Automatic Meter Reading
    7.3.1 Market Overview
    7.3.2 Market Size and Forecast
    8. Smart Meters Market, By Geography
    8.1 Introduction
    8.2 North America
    8.2.1 North America Smart Meters, By Application
    8.2.2 North America Smart Meters, By Type
    8.2.3 North America Smart Meters, By Technology
    8.3 Europe
    8.3.1 Europe Smart Meters, By Application
    8.3.2 Europe Smart Meters, By Type
    8.3.3 Europe Smart Meters, By Technology
    8.4 Asia-Pacific
    8.4.1 Asia-Pacific Smart Meters, By Application
    8.4.2 Asia-Pacific Smart Meters, By Type
    8.4.3 Asia-Pacific Smart Meters, By Technology
    8.5 Rest of the World
    8.5.1 Rest of the World Smart Meters, By Application
    8.5.2 Rest of the World Smart Meters, By Type
    8.5.3 Rest of the World Smart Meters, By Technology
    9. Competitive Insights
    9.1 Key Insights
    9.2 Company Market Share Analysis
    9.3 Strategic Outlook
    9.3.1 Mergers & Acquisitions
    9.3.2 New Product Development
    9.3.3 Portfolio/Production Capacity Expansions
    9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
    9.3.5 Others
    10. Company Profiles
    10.1 Kamstrup A/S
    10.1.1 Company Overview
    10.1.2 Product/Service Landscape
    10.1.3 Financial Overview
    10.1.4 Recent Developments
    10.2 Wasion Group
    10.2.1 Company Overview
    10.2.2 Product/Service Landscape
    10.2.3 Financial Overview
    10.2.4 Recent Developments
    10.3 Jiangsu Linyang Energy Co.
    10.3.1 Company Overview
    10.3.2 Product/Service Landscape
    10.3.3 Financial Overview
    10.3.4 Recent Developments
    10.4 Atmel Corporation
    10.4.1 Company Overview
    10.4.2 Product/Service Landscape
    10.4.3 Financial Overview
    10.4.4 Recent Developments
    10.5 Landis+GYR
    10.5.1 Company Overview
    10.5.2 Product/Service Landscape
    10.5.3 Financial Overview
    10.5.4 Recent Developments
    10.6 Schneider Electric
    10.6.1 Company Overview
    10.6.2 Product/Service Landscape
    10.6.3 Financial Overview
    10.6.4 Recent Developments
    10.7 Siemens AG
    10.7.1 Company Overview
    10.7.2 Product/Service Landscape
    10.7.3 Financial Overview
    10.7.4 Recent Developments
    10.8 Honeywell International, Inc.
    10.8.1 Company Overview
    10.8.2 Product/Service Landscape
    10.8.3 Financial Overview
    10.8.4 Recent Developments
    10.9 Itron, Inc.
    10.9.1 Company Overview
    10.9.2 Product/Service Landscape
    10.9.3 Financial Overview
    10.9.4 Recent Developments
    10.10 Sensus
    10.10.1 Company Overview
    10.10.2 Product/Service Landscape
    10.10.3 Financial Overview
    10.10.4 Recent Developments
    10.11.1 Company Overview
    10.11.2 Product/Service Landscape
    10.11.3 Financial Overview
    10.11.4 Recent Developments
    10.12 EDMI Limited
    10.12.1 Company Overview
    10.12.2 Product/Service Landscape
    10.12.3 Financial Overview
    10.12.4 Recent Developments
    10.13 Badger Meter, Inc.
    10.13.1 Company Overview
    10.13.2 Product/Service Landscape
    10.13.3 Financial Overview
    10.13.4 Recent Developments
    10.14 Holley Metering, Limited
    10.14.1 Company Overview
    10.14.2 Product/Service Landscape
    10.14.3 Financial Overview
    10.14.4 Recent Developments
    10.15 ICSA, Limited
    10.15.1 Company Overview
    10.15.2 Product/Service Landscape
    10.15.3 Financial Overview
    10.15.4 Recent Developments
    10.16 Aclara Technologies, LLC.
    10.16.1 Company Overview
    10.16.2 Product/Service Landscape
    10.16.3 Financial Overview
    10.16.4 Recent Developments


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