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Smart Meters Market Size and Share 2022-2030

 The global smart meters market size is expected to reach around US$ 65.6 billion by 2030 and is expected to grow at an impressive double-digit rate of 11.5% from 2022 to 2030. The growing demand for smart electricity meters is driving the growth of the global smart meters market.

The study includes drivers and restraints of this market. The study provides an analysis of the global smart meters market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.

Smart Meters Market Size,2021 to 2030

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  • Provide chapter-wise guidance on request 2022 Updated Regional Analysis with Graphical Representation of Trends, Size, & Share, Includes Updated List of figures and tables.
  • Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Precedence Research methodology.

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Research Methodology

A unique research methodology has been utilized to conduct comprehensive research on the growth of the global smart meters market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global smart meters market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.

Why should you invest in this report?

If you are aiming to enter the global smart meters market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for smart meters are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Some of the prominent players in the global smart meters market include:

  • Neptune Technology Group Inc.
  • Honeywell International Inc.
  • Siemens AG
  • Kaifa Technology
  • Suntront Technology
  • Wasion Group
  • Aichi Tokei Denkei
  • Badger Meter
  • Sensus

Market Segmentation:

By Product

  • Electricity Meter
  • Gas Meter
  • Water Meter

By End Use

  • Residential 
  • Commercial
  • Industrial

By Component

  • Hardware
  • Software

By Technology

  • AMI
  • AMR

By Communication

  •  RF
  • PLC
  • Cellular

Regional Analysis:

The geographical analysis of the global smart meters market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.

The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global smart meters Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).

Key Questions Answered by the Report:

  • What will be the size of the global smart meters market in 2030?
  • What is the expected CAGR for the smart meters market between 2021 and 2030?
  • Which are the top players active in this global market?
  • What are the key drivers of this global market?
  • How will the market situation change in the coming years?
  • Which region held the highest market share in this global market?
  • What are the common business tactics adopted by players?
  • What is the growth outlook of the global smart meters market?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Meters Market 

5.1. COVID-19 Landscape: Smart Meters Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Meters Market, By Product

8.1. Smart Meters Market, by Product, 2022-2030

8.1.1. Electricity Meter

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Gas Meter

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Water Meter

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Smart Meters Market, By End Use

9.1. Smart Meters Market, by End Use, 2022-2030

9.1.1. Residential

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2 Commercial

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Industrial

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Smart Meters Market, By Component 

10.1. Smart Meters Market, by Component, 2022-2030

10.1.1. Hardware

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Software

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Smart Meters Market, By Technology

11.1. Smart Meters Market, by Technology, 2022-2030

11.1.1. AMI

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. AMR

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Smart Meters Market, By Communication

12.1. Smart Meters Market, by Communication, 2022-2030

12.1.1. RF

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. PLC

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Cellular

12.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Smart Meters Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.2. Market Revenue and Forecast, by End Use (2017-2030)

13.1.3. Market Revenue and Forecast, by Component (2017-2030)

13.1.4. Market Revenue and Forecast, by Technology (2017-2030)

13.1.5. Market Revenue and Forecast, by Communication (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.6.2. Market Revenue and Forecast, by End Use (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Technology (2017-2030)

13.1.7. Market Revenue and Forecast, by Communication (2017-2030) 

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.8.2. Market Revenue and Forecast, by End Use (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Technology (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Communication (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.2. Market Revenue and Forecast, by End Use (2017-2030)

13.2.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.4. Market Revenue and Forecast, by Technology (2017-2030) 

13.2.5. Market Revenue and Forecast, by Communication (2017-2030) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.6.2. Market Revenue and Forecast, by End Use (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.7. Market Revenue and Forecast, by Technology (2017-2030) 

13.2.8. Market Revenue and Forecast, by Communication (2017-2030) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.9.2. Market Revenue and Forecast, by End Use (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.10. Market Revenue and Forecast, by Technology (2017-2030)

13.2.11. Market Revenue and Forecast, by Communication (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.12.2. Market Revenue and Forecast, by End Use (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Technology (2017-2030)

13.2.13. Market Revenue and Forecast, by Communication (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.14.2. Market Revenue and Forecast, by End Use (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Component (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Technology (2017-2030)

13.2.15. Market Revenue and Forecast, by Communication (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.2. Market Revenue and Forecast, by End Use (2017-2030)

13.3.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.4. Market Revenue and Forecast, by Technology (2017-2030)

13.3.5. Market Revenue and Forecast, by Communication (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.6.2. Market Revenue and Forecast, by End Use (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Technology (2017-2030)

13.3.7. Market Revenue and Forecast, by Communication (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.8.2. Market Revenue and Forecast, by End Use (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Technology (2017-2030)

13.3.9. Market Revenue and Forecast, by Communication (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.10.2. Market Revenue and Forecast, by End Use (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Technology (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Communication (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.11.2. Market Revenue and Forecast, by End Use (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Component (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Technology (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Communication (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.2. Market Revenue and Forecast, by End Use (2017-2030)

13.4.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.4. Market Revenue and Forecast, by Technology (2017-2030)

13.4.5. Market Revenue and Forecast, by Communication (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.6.2. Market Revenue and Forecast, by End Use (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Technology (2017-2030)

13.4.7. Market Revenue and Forecast, by Communication (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.8.2. Market Revenue and Forecast, by End Use (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Technology (2017-2030)

13.4.9. Market Revenue and Forecast, by Communication (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.10.2. Market Revenue and Forecast, by End Use (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Technology (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Communication (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.11.2. Market Revenue and Forecast, by End Use (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Component (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Technology (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Communication (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.2. Market Revenue and Forecast, by End Use (2017-2030)

13.5.3. Market Revenue and Forecast, by Component (2017-2030)

13.5.4. Market Revenue and Forecast, by Technology (2017-2030)

13.5.5. Market Revenue and Forecast, by Communication (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.6.2. Market Revenue and Forecast, by End Use (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Component (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Technology (2017-2030)

13.5.7. Market Revenue and Forecast, by Communication (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.8.2. Market Revenue and Forecast, by End Use (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Component (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Technology (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Communication (2017-2030)

Chapter 14. Company Profiles

14.1. Neptune Technology Group Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Honeywell International Inc.

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Siemens AG

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Kaifa Technology

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Suntront Technology

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Wasion Group

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Aichi Tokei Denkei

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Badger Meter

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Sensus

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms 

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