Smart Meters Market
Smart Meters Market - Global Industry Assessment & Forecast
#
Pages:
196
Base Year:
2023
Jul - 2024
Format:
Report Code:
VMR-VMR-2021-0744
Segments Covered
By
Type Smart Electric Meter, Smart Gas Meter, Smart Water Meter
-
By
Technology AMI, AMR
-
By
Component Hardware, Software
-
By
End User Residential, Commercial, Industrial
-
By
Communication RF, PLC, Cellular
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 22.8 Billion |
 Revenue 2032:
|
USD 50.35 Billion |
 Revenue CAGR
(2024 - 2032): |
9.2% |
Fastest Growing Region (2024 -
2032)
|
Europe |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Smart Meters Market Segment Analysis
- Smart Meters Type Outlook (Revenue, USD Million, 2018 - 2030)
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Smart Meters Technology Outlook (Revenue, USD Million, 2018 - 2030)
- AMI
- AMR
- Smart Meters Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Smart Meters End User Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
- Smart Meters Communication Outlook (Revenue, USD Million, 2018 - 2030)
- RF
- PLC
- Cellular
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
-
North America Smart Meters Market, by Technology
- AMI
- AMR
-
North America Smart Meters Market, by Component
- Hardware
- Software
-
North America Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
-
North America Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- U.S.
- U.S. Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- U.S. Smart Meters Market, by Technology
- AMI
- AMR
- U.S. Smart Meters Market, by Component
- Hardware
- Software
- U.S. Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- U.S. Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- U.S. Smart Meters Market, by Type
- Canada
- Canada Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Canada Smart Meters Market, by Technology
- AMI
- AMR
- Canada Smart Meters Market, by Component
- Hardware
- Software
- Canada Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Canada Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Canada Smart Meters Market, by Type
-
Mexico
- Mexico Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Mexico Smart Meters Market, by Technology
- AMI
- AMR
- Mexico Smart Meters Market, by Component
- Hardware
- Software
- Mexico Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Mexico Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Mexico Smart Meters Market, by Type
-
North America Smart Meters Market, by Type
- Europe
-
Europe Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
-
Europe Smart Meters Market, by Technology
- AMI
- AMR
-
Europe Smart Meters Market, by Component
- Hardware
- Software
-
Europe Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
-
Europe Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- U. K.
- U.K. Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- U.K. Smart Meters Market, by Technology
- AMI
- AMR
- U.K. Smart Meters Market, by Component
- Hardware
- Software
- U.K. Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- U.K. Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- U.K. Smart Meters Market, by Type
- France
- France Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- France Smart Meters Market, by Technology
- AMI
- AMR
- France Smart Meters Market, by Component
- Hardware
- Software
- France Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- France Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- France Smart Meters Market, by Type
-
Germany
- Germany Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Germany Smart Meters Market, by Technology
- AMI
- AMR
- Germany Smart Meters Market, by Component
- Hardware
- Software
- Germany Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Germany Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Germany Smart Meters Market, by Type
-
Italy
- Italy Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Italy Smart Meters Market, by Technology
- AMI
- AMR
- Italy Smart Meters Market, by Component
- Hardware
- Software
- Italy Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Italy Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Italy Smart Meters Market, by Type
-
Spain
- Spain Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Spain Smart Meters Market, by Technology
- AMI
- AMR
- Spain Smart Meters Market, by Component
- Hardware
- Software
- Spain Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Spain Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Spain Smart Meters Market, by Type
-
Rest of Europe
- Rest of Europe Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Rest of Europe Smart Meters Market, by Technology
- AMI
- AMR
- Rest of Europe Smart Meters Market, by Component
- Hardware
- Software
- Rest of Europe Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Europe Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Rest of Europe Smart Meters Market, by Type
-
Europe Smart Meters Market, by Type
- Asia Pacific
-
Asia Pacific Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
-
Asia Pacific Smart Meters Market, by Technology
- AMI
- AMR
-
Asia Pacific Smart Meters Market, by Component
- Hardware
- Software
-
Asia Pacific Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
-
Asia Pacific Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- China
- China Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- China Smart Meters Market, by Technology
- AMI
- AMR
- China Smart Meters Market, by Component
- Hardware
- Software
- China Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- China Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- China Smart Meters Market, by Type
- Japan
- Japan Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Japan Smart Meters Market, by Technology
- AMI
- AMR
- Japan Smart Meters Market, by Component
- Hardware
- Software
- Japan Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Japan Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Japan Smart Meters Market, by Type
-
Germany
- Germany Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Germany Smart Meters Market, by Technology
- AMI
- AMR
- Germany Smart Meters Market, by Component
- Hardware
- Software
- Germany Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Germany Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Germany Smart Meters Market, by Type
-
India
- India Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- India Smart Meters Market, by Technology
- AMI
- AMR
- India Smart Meters Market, by Component
- Hardware
- Software
- India Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- India Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- India Smart Meters Market, by Type
-
South Korea
- South Korea Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- South Korea Smart Meters Market, by Technology
- AMI
- AMR
- South Korea Smart Meters Market, by Component
- Hardware
- Software
- South Korea Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- South Korea Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- South Korea Smart Meters Market, by Type
-
South East Asia
- South East Asia Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- South East Asia Smart Meters Market, by Technology
- AMI
- AMR
- South East Asia Smart Meters Market, by Component
- Hardware
- Software
- South East Asia Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- South East Asia Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- South East Asia Smart Meters Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Rest of Asia Pacific Smart Meters Market, by Technology
- AMI
- AMR
- Rest of Asia Pacific Smart Meters Market, by Component
- Hardware
- Software
- Rest of Asia Pacific Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Rest of Asia Pacific Smart Meters Market, by Type
-
Asia Pacific Smart Meters Market, by Type
- Latin America
-
Latin America Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
-
Latin America Smart Meters Market, by Technology
- AMI
- AMR
-
Latin America Smart Meters Market, by Component
- Hardware
- Software
-
Latin America Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
-
Latin America Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Brazil
- Brazil Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Brazil Smart Meters Market, by Technology
- AMI
- AMR
- Brazil Smart Meters Market, by Component
- Hardware
- Software
- Brazil Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Brazil Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Brazil Smart Meters Market, by Type
- Argentina
- Argentina Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Argentina Smart Meters Market, by Technology
- AMI
- AMR
- Argentina Smart Meters Market, by Component
- Hardware
- Software
- Argentina Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Argentina Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Argentina Smart Meters Market, by Type
-
Rest of Latin America
- Rest of Latin America Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Rest of Latin America Smart Meters Market, by Technology
- AMI
- AMR
- Rest of Latin America Smart Meters Market, by Component
- Hardware
- Software
- Rest of Latin America Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Latin America Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Rest of Latin America Smart Meters Market, by Type
-
Latin America Smart Meters Market, by Type
- Middle East & Africa
-
Middle East & Africa Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
-
Middle East & Africa Smart Meters Market, by Technology
- AMI
- AMR
-
Middle East & Africa Smart Meters Market, by Component
- Hardware
- Software
-
Middle East & Africa Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
-
Middle East & Africa Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- GCC Countries
- GCC Countries Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- GCC Countries Smart Meters Market, by Technology
- AMI
- AMR
- GCC Countries Smart Meters Market, by Component
- Hardware
- Software
- GCC Countries Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- GCC Countries Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- GCC Countries Smart Meters Market, by Type
- South Africa
- South Africa Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- South Africa Smart Meters Market, by Technology
- AMI
- AMR
- South Africa Smart Meters Market, by Component
- Hardware
- Software
- South Africa Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- South Africa Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- South Africa Smart Meters Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Smart Meters Market, by Type
- Smart Electric Meter
- Smart Gas Meter
- Smart Water Meter
- Rest of Middle East & Africa Smart Meters Market, by Technology
- AMI
- AMR
- Rest of Middle East & Africa Smart Meters Market, by Component
- Hardware
- Software
- Rest of Middle East & Africa Smart Meters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Smart Meters Market, by Communication
- RF
- PLC
- Cellular
- Rest of Middle East & Africa Smart Meters Market, by Type
-
Middle East & Africa Smart Meters Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Smart Meters in terms of revenue?
-
The global Smart Meters valued at USD 22.8 Billion in 2023 and is expected to reach USD 50.35 Billion in 2032 growing at a CAGR of 9.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Neptune Technology Group Inc. (U.S.), Honeywell International Inc. (U.S.), Suntront Technology (China), Wasion Group (Hong Kong), Aichi Tokei Denkei Co. Ltd. (Japan), Badger Meter (U.S.), Sensus (U.S.), Holley Metering Ltd. (China), Siemens AG (Germany), Kaifa Technology (China).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.2% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Smart Meters include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Smart Meters in 2023.
