Industrial Smart Meters market

Industrial Smart Meters Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Machines
  • 128 Pages
  • Report code : PMR-6805970

  • 4.7 (158)

Industrial Smart Meters Market

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A smart meter is an Internet-capable device that measures energy, water or natural gas consumption of a building, home, plants, etc.

Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Energy companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.

The smart meter acts as the network termination point, an ingress router between the utility?s network and the building it is monitoring. When connected to a building automation system, a smart meter will allow the building administrator to control based on real-time energy costs.

A smart meter is one component of a smart grid, an approach to managing energy distribution and consumption that uses Internet technologies to create bi-directional communication, coordination and control.

Industrial Smart Meters Market contains market size and forecasts of Industrial Smart Meters in global, including the following market information:

Global Industrial Smart Meters Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Industrial Smart Meters Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Industrial Smart Meters companies in 2021 (%)

The global Industrial Smart Meters market was valued at 125.2 million in 2021 and is projected to reach US$ 376.6 million by 2028, at a CAGR of 17.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Industrial Smart Gas Meter Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Industrial Smart Meters include Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom, Iskraemeco and ZIV, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Industrial Smart Meters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Smart Meters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Industrial Smart Meters Market Segment Percentages, by Type, 2021 (%)

Industrial Smart Gas Meter

Industrial Smart Water Meter

Industrial Smart Electric Meter

Global Industrial Smart Meters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Industrial Smart Meters Market Segment Percentages, by Application, 2021 (%)

Heavy Industry

Light Industry

Global Industrial Smart Meters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Industrial Smart Meters Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Industrial Smart Meters revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Industrial Smart Meters revenues share in global market, 2021 (%)

Key companies Industrial Smart Meters sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Industrial Smart Meters sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Landis+Gyr

Itron

Siemens

Kamstrup

Elster Group

Nuri Telecom

Sagemcom

Iskraemeco

ZIV

Sanxing

Linyang Electronics

Wasion Group

Haixing Electrical

XJ Measurement & Control Meter

Chintim Instruments

Clou Electronics

Holley Metering

HND Electronics

Longi

Banner

Sunrise

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