Smart Meters Market

Smart Meters Market - Global Industry Assessment & Forecast

Semiconductor & Electronics

# 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

Standard License

$ 4299 USD

Multi User License

$ 6599 USD

Enterprise License

$ 6999 USD

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

Executive Dashboard
1. Strategic Imperatives
Premium Insights
1. Top 3 Trends to Watch
2. Demand and Supply Trends
3. Top 3 Strategies Followed by Major Players
4. Top 3 Predictions by Vantage Market Research
5. Top Investment Pockets
6. Insights from Primary Respondents
Global Smart Meters Market - Segment Analysis
1. Overview
2. Global Smart Meters Market, 2016 - 2028 (USD Million)
3. Global Smart Meters Market - by Type
  1. By Smart Electric Meter
  2. By Smart Gas Meter
  3. By Smart Water Meter
4. Global Smart Meters Market - by Technology
  1. By AMI
  2. By AMR
5. Global Smart Meters Market - by Component
  1. By Hardware
  2. By Software
6. Global Smart Meters Market - by End User
  1. By Residential
  2. By Commercial
  3. By Industrial
7. Global Smart Meters Market - by Communication
  1. By RF
  2. By PLC
  3. By Cellular
8. Global Smart Meters Market - by region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East & Africa
9. Market comparative analysis
North America Smart Meters Market - Segment Analysis
1. Overview
2. North America Smart Meters Market, 2016 - 2028 (USD Million)
3. North America Smart Meters Market, by Type
  1. By Smart Electric Meter
  2. By Smart Gas Meter
  3. By Smart Water Meter
4. North America Smart Meters Market, by Technology
  1. By AMI
  2. By AMR
5. North America Smart Meters Market, by Component
  1. By Hardware
  2. By Software
6. North America Smart Meters Market, by End User
  1. By Residential
  2. By Commercial
  3. By Industrial
7. North America Smart Meters Market, by Communication
  1. By RF
  2. By PLC
  3. By Cellular
8. North America Smart Meters Market, by Country
  1. U.S.
    1. U.S. Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. U.S. Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. U.S. Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. U.S. Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. U.S. Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  2. Canada
    1. Canada Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Canada Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Canada Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Canada Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Canada Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  3. Mexico
    1. Mexico Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Mexico Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Mexico Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Mexico Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Mexico Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
Europe Smart Meters Market - Segment Analysis
1. Overview
2. Europe Smart Meters Market, 2016 - 2028 (USD Million)
3. Europe Smart Meters Market, by Type
  1. By Smart Electric Meter
  2. By Smart Gas Meter
  3. By Smart Water Meter
4. Europe Smart Meters Market, by Technology
  1. By AMI
  2. By AMR
5. Europe Smart Meters Market, by Component
  1. By Hardware
  2. By Software
6. Europe Smart Meters Market, by End User
  1. By Residential
  2. By Commercial
  3. By Industrial
7. Europe Smart Meters Market, by Communication
  1. By RF
  2. By PLC
  3. By Cellular
8. Europe Smart Meters Market, by Country
  1. Germany
    1. Germany Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Germany Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Germany Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Germany Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Germany Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  2. UK
    1. UK Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. UK Market, By Technology
      1. By AMI
      2. By AMR
    3. UK Market, By Component
      1. By Hardware
      2. By Software
    4. UK Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. UK Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  3. France
    1. France Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. France Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. France Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. France Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. France Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  4. Spain
    1. Spain Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Spain Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Spain Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Spain Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Spain Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  5. Italy
    1. Italy Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Italy Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Italy Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Italy Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Italy Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  6. BENELUX
    1. BENELUX Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. BENELUX Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. BENELUX Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. BENELUX Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. BENELUX Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  7. Rest of Europe
    1. Rest Of Europe Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Rest Of Europe Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Rest Of Europe Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Rest Of Europe Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Rest Of Europe Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
Asia Pacific Smart Meters Market - Segment Analysis
1. Overview
2. Asia Pacific Smart Meters Market, 2016 - 2028 (USD Million)
3. Asia Pacific Smart Meters Market, by Type
  1. By Smart Electric Meter
  2. By Smart Gas Meter
  3. By Smart Water Meter
4. Asia Pacific Smart Meters Market, by Technology
  1. By AMI
  2. By AMR
5. Asia Pacific Smart Meters Market, by Component
  1. By Hardware
  2. By Software
6. Asia Pacific Smart Meters Market, by End User
  1. By Residential
  2. By Commercial
  3. By Industrial
7. Asia Pacific Smart Meters Market, by Communication
  1. By RF
  2. By PLC
  3. By Cellular
8. Asia Pacific Smart Meters Market, by Country
  1. China
    1. China Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. China Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. China Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. China Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. China Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  2. Japan
    1. Japan Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Japan Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Japan Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Japan Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Japan Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  3. India
    1. India Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. India Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. India Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. India Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. India Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  4. South Korea
    1. South Korea Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. South Korea Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. South Korea Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. South Korea Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. South Korea Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  5. South East Asia
    1. South East Asia Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. South East Asia Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. South East Asia Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. South East Asia Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. South East Asia Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  6. Rest of Asia Pacific
    1. Rest of Asia Pacific Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Rest of Asia Pacific Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Rest of Asia Pacific Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Rest of Asia Pacific Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Rest of Asia Pacific Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
Latin America Smart Meters Market - Segment Analysis
1. Overview
2. Latin America Smart Meters Market, 2016 - 2028 (USD Million)
3. Latin America Smart Meters Market, by Type
  1. By Smart Electric Meter
  2. By Smart Gas Meter
  3. By Smart Water Meter
4. Latin America Smart Meters Market, by Technology
  1. By AMI
  2. By AMR
5. Latin America Smart Meters Market, by Component
  1. By Hardware
  2. By Software
6. Latin America Smart Meters Market, by End User
  1. By Residential
  2. By Commercial
  3. By Industrial
7. Latin America Smart Meters Market, by Communication
  1. By RF
  2. By PLC
  3. By Cellular
8. Latin America Smart Meters Market, by Country
  1. Brazil
    1. Brazil Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Brazil Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Brazil Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Brazil Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Brazil Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  2. Argentina
    1. Argentina Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Argentina Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Argentina Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Argentina Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Argentina Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  3. Rest of Latin America
    1. Rest of Latin America Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Rest of Latin America Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Rest of Latin America Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Rest of Latin America Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Rest of Latin America Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
Middle East & Africa Smart Meters Market - Segment Analysis
1. Overview
2. Middle East & Africa Smart Meters Market, 2016 - 2028 (USD Million)
3. Middle East & Africa Smart Meters Market, by Type
  1. By Smart Electric Meter
  2. By Smart Gas Meter
  3. By Smart Water Meter
4. Middle East & Africa Smart Meters Market, by Technology
  1. By AMI
  2. By AMR
5. Middle East & Africa Smart Meters Market, by Component
  1. By Hardware
  2. By Software
6. Middle East & Africa Smart Meters Market, by End User
  1. By Residential
  2. By Commercial
  3. By Industrial
7. Middle East & Africa Smart Meters Market, by Communication
  1. By RF
  2. By PLC
  3. By Cellular
8. Middle East & Africa Smart Meters Market, by Country
  1. GCC Countries
    1. GCC Countries Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. GCC Countries Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. GCC Countries Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. GCC Countries Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. GCC Countries Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  2. South Africa
    1. South Africa Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. South Africa Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. South Africa Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. South Africa Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. South Africa Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
  3. Rest of Middle East & Africa
    1. Rest of Middle East & Africa Smart Meters Market, By Type
      1. By Smart Electric Meter
      2. By Smart Gas Meter
      3. By Smart Water Meter
    2. Rest of Middle East & Africa Smart Meters Market, By Technology
      1. By AMI
      2. By AMR
    3. Rest of Middle East & Africa Smart Meters Market, By Component
      1. By Hardware
      2. By Software
    4. Rest of Middle East & Africa Smart Meters Market, By End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    5. Rest of Middle East & Africa Smart Meters Market, By Communication
      1. By RF
      2. By PLC
      3. By Cellular
Key Market Dynamics
1. Introduction
2. Market Drivers
3. Market Restraints
4. Market Opportunities
5. Porter's Five Forces Analysis
6. PEST Analysis
7. Regulatory Landscape
8. Technology Landscape
9. Regional Market Trends
COVID 19 Impact Analysis
1. Key strategies undertaken by companies to tackle COVID-19
2. Short term dynamics
3. Long term dynamics
Marketing Stratagy Analysis
1. Marketing Channel
2. Direct Marketing
3. Indirect Marketing
4. Marketing Channel Development Trends
Competative Landscape
1. Competition Matrix - 2021
2. Company Market Share Analysis - 2021
3. Key Company Activities, 2018 - 2021
4. Strategic Developments - Heat Map Analysis
5. Company Offering Evaluation
6. Company Regional Presence Evaluation
Company Profiles
1. Neptune Technology Group Inc. (U.S.)
2. Honeywell International Inc. (U.S.)
3. Suntront Technology (China)
4. Wasion Group (Hong Kong)
5. Aichi Tokei Denkei Co. Ltd. (Japan)
6. Badger Meter (U.S.)
7. Sensus (U.S.)
8. Holley Metering Ltd. (China)
9. Siemens AG (Germany)
10. Kaifa Technology (China)
Key Primary Respondents - VERBATIM
Discussion Guide
Customization Offered
Annexure
List of Figures
List of Tables
List of Abbreviations

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.

Smart Meters Market

Smart Meters Market - Global Industry Assessment & Forecast

Semiconductor & Electronics

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Smart Meters in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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For Buying Inquiry

Smart Meters Market

Smart Meters Market - Global Industry Assessment & Forecast

Semiconductor & Electronics

Segments Covered

Snapshot

Customization Offered

FAQ

Frequently Asked Question

What is the global demand for Smart Meters in terms of revenue?

Which are the prominent players in the market?

At what CAGR is the market projected to grow within the forecast period?

What are the driving factors fueling the growth of the market.

Which region accounted for the largest share in the market?

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