The global Smart Metering market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Smart Metering market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Smart Metering market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Smart Metering market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Smart Meters are a part of the utility industry. They help through depiction of valuable insights regarding the usage of energy due to the technological interventions made in them. The growth in this sector is due to the rise in investments in the smart grid projects as well as changes in government policies.
This report aims to provide a comprehensive presentation of the global market for Smart Metering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Metering. This report contains market size and forecasts of Smart Metering in global, including the following market information:
- Global Smart Metering Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Smart Metering Market Sales, 2018-2023, 2024-2030, (Units)
- Global top five Smart Metering companies in 2022 (%)
The growth driver of this market is government support and technological advancements in terms of smart grid development, infrastructure development, rise in population, etc. These reasons have led to installation of more and more smart meters and will rise in the future years.
We surveyed the Smart Metering 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 Metering Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Smart Metering Market Segment Percentages, by Type, 2022 (%)
- Smart Energy Meters
- Smart Water Meters
- Smart Gas Meters
Global Smart Metering Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Smart Metering Market Segment Percentages, by Application, 2022 (%)
- Industrial
- Commercial
- Residential
Global Smart Metering Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Units)
Global Smart Metering Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Metering revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Smart Metering revenues share in global market, 2022 (%)
- Key companies Smart Metering sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Smart Metering sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Itron (US)
- Kamstrup (Denmark)
- Holley Metering (China)
- Honeywell (US)
- Toshiba (Japan)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Metering, market overview.
Chapter 2: Global Smart Metering market size in revenue and volume.
Chapter 3: Detailed analysis of Smart Metering manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Metering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Smart Metering capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
