Smart Meters Market

Smart Meters Market Size is Forecasted to Reach US$ 65.6 Billion by 2030

According to Precedence Research, during the forecast period of 2022 to 2030, the global smart meters market is estimated to develop at a compound annual growth rate (CAGR) of 11.5%. The global smart meters market was valued at USD 28.03 billion in 2021, and it is predicted to exceed USD 65.6 billion by 2030. The study investigates several elements and their consequences on the growth of the smart meters market.

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This report focuses on smart meters market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall smart meters market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

Report Scope of the Smart Meters Market

Report Coverage Details
Market Size by 2030 USD 65.6 Billion
Growth Rate from 2022 to 2030 CAGR of 11.5.5%
Largest Market Asia Pacific
Fastest Growing Market Europe
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Product, End Use, Component, Technology, Communication and Geography

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of smart meters, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of smart meters has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the smart meters market.

Some of the prominent players in the 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

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Segments Covered in the Report

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

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

  • What can be the best investment choices for venturing into new product and service lines?
  • What value propositions should businesses aim at while making new research and development funding?
  • Which regulations will be most helpful for stakeholders to boost their supply chain network?
  • Which regions might see the demand maturing in certain segments in near future?
  • What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
  • Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
  • Which government regulations might challenge the status of key regional markets?
  • How will the emerging political and economic scenario affect opportunities in key growth areas?
  • What are some of the value-grab opportunities in various segments?
  • What will be the barrier to entry for new players in the market?

Table of Contents

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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