Smart Meter Market

Smart meters are one of the basic equipment for data collection in smart grids (especially smart distribution networks). They are responsible for the collection, measurement and transmission of raw electrical energy data, and are the basis for information integration, analysis and optimization, and information presentation. In addition to the basic power metering function of traditional electric energy meters, smart meters also have two-way multi-rate metering functions, user-side control functions, and two-way data communication with multiple data transmission modes in order to adapt to the use of smart grids and new energy. Intelligent functions such as functions and anti-theft functions.

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

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

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

Global top five Smart Meter companies in 2021 (%)

The global Smart Meter market was valued at 7440.3 million in 2021 and is projected to reach US$ 9554 million by 2028, at a CAGR of 3.6% during the forecast period.

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

Single-phase Smart Meters Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Smart Meter include Landis+Gyr, Itron, General Electric, Siemens, Sensus, Honeywell Elster, Sanxing Medical Electric, Jiangsu Linyang and Kamstrup, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Smart Meter 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 Smart Meter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

Single-phase Smart Meters

Three-phase Smart Meters

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

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

Residential

Commercial

Industrial

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

Global Smart Meter 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 Smart Meter revenues in global market, 2017-2022 (Estimated), ($ millions)

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

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

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

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

Landis+Gyr

Itron

General Electric

Siemens

Sensus

Honeywell Elster

Sanxing Medical Electric

Jiangsu Linyang

Kamstrup

Wasion Group

Sagemcom

Hexing Electrical

Nuri Telecom

Clou Electronics

Iskraemeco

Zhejiang Chint

Shenzhen HND

Sunrise Technology

Holley Technology

LONGi Meter

ZIV