Smart Electric Meter Market by Phase (Single Phase, Three Phase), Technology (Cellular, Power Line Communication, Radio Frequency), End User - Global Forecast 2024-2030

Smart Electric Meter Market by Phase (Single Phase, Three Phase), Technology (Cellular, Power Line Communication, Radio Frequency), End User - Global Forecast 2024-2030


The Smart Electric Meter Market size was estimated at USD 10.90 billion in 2023 and expected to reach USD 11.74 billion in 2024, at a CAGR 7.86% to reach USD 18.53 billion by 2030.

Global Smart Electric Meter Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Smart Electric Meter Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Smart Electric Meter Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Smart Electric Meter Market, highlighting leading vendors and their innovative profiles. These include Aclara Technologies LLC, ADD Grup, Badger Meter, Inc., EDMI Limited, Genus Power Infrastructures Ltd., Hexing Electric Company Ltd., Holley Technology Ltd., Honeywell International Inc., Iskraemeco Group, Itron, Inc., Jiangsu Linyang Energy Co., Ltd., Kamstrup, Landis+Gyr AG, Microchip Technology Inc., Networked Energy Services, Sagemcom SAS, Schneider Electric SE, Shenzhen Hemei Group Co, Ltd, Siemens AG, STMicroelectronics N.V., Wasion Holdings Limited, and Xylem Inc..

Market Segmentation & Coverage



This research report categorizes the Smart Electric Meter Market to forecast the revenues and analyze trends in each of the following sub-markets:

Phase
Single Phase
Three Phase
Technology
Cellular
Power Line Communication
Radio Frequency
End User
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Smart Electric Meter Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Smart Electric Meter Market?
3. What are the technology trends and regulatory frameworks in the Smart Electric Meter Market?
4. What is the market share of the leading vendors in the Smart Electric Meter Market?
5. Which modes and strategic moves are suitable for entering the Smart Electric Meter Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Smart Electric Meter Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need for Efficient Data Monitoring Systems Coupled with Favorable Government Policies
5.1.1.2. Increased Investment in Smart Grid Projects
5.1.1.3. Increasing Emphasis on Renewable Energy Sources
5.1.2. Restraints
5.1.2.1. High Initial Investment Cost
5.1.2.2. Delay in Smart City Infrastructure
5.1.2.3. Delay in Smart Meter Production and Deployment
5.1.3. Opportunities
5.1.3.1. Rising Demand for Smart Grids and Energy Efficiency in Emerging Industries
5.1.3.2. Potential in Electric Vehicle and Grid Integration
5.1.4. Challenges
5.1.4.1. Issues Related to Cyber Security & Data Privacy
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Smart Electric Meter Market, by Phase
6.1. Introduction
6.2. Single Phase
6.3. Three Phase
7. Smart Electric Meter Market, by Technology
7.1. Introduction
7.2. Cellular
7.3. Power Line Communication
7.4. Radio Frequency
8. Smart Electric Meter Market, by End User
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Residential
9. Americas Smart Electric Meter Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Smart Electric Meter Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Smart Electric Meter Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Aclara Technologies LLC
13.1.2. ADD Grup
13.1.3. Badger Meter, Inc.
13.1.4. EDMI Limited
13.1.5. Genus Power Infrastructures Ltd.
13.1.6. Hexing Electric Company Ltd.
13.1.7. Holley Technology Ltd.
13.1.8. Honeywell International Inc.
13.1.9. Iskraemeco Group
13.1.10. Itron, Inc.
13.1.11. Jiangsu Linyang Energy Co., Ltd.
13.1.12. Kamstrup
13.1.13. Landis+Gyr AG
13.1.14. Microchip Technology Inc.
13.1.15. Networked Energy Services
13.1.16. Sagemcom SAS
13.1.17. Schneider Electric SE
13.1.18. Shenzhen Hemei Group Co, Ltd
13.1.19. Siemens AG
13.1.20. STMicroelectronics N.V.
13.1.21. Wasion Holdings Limited
13.1.22. Xylem Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. SMART ELECTRIC METER MARKET RESEARCH PROCESS
FIGURE 2. SMART ELECTRIC METER MARKET SIZE, 2023 VS 2030
FIGURE 3. SMART ELECTRIC METER MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SMART ELECTRIC METER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SMART ELECTRIC METER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SMART ELECTRIC METER MARKET DYNAMICS
FIGURE 7. SMART ELECTRIC METER MARKET SIZE, BY PHASE, 2023 VS 2030 (%)
FIGURE 8. SMART ELECTRIC METER MARKET SIZE, BY PHASE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SMART ELECTRIC METER MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. SMART ELECTRIC METER MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SMART ELECTRIC METER MARKET SIZE, BY END USER, 2023 VS 2030 (%)
FIGURE 12. SMART ELECTRIC METER MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS SMART ELECTRIC METER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS SMART ELECTRIC METER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES SMART ELECTRIC METER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES SMART ELECTRIC METER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC SMART ELECTRIC METER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC SMART ELECTRIC METER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA SMART ELECTRIC METER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA SMART ELECTRIC METER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. SMART ELECTRIC METER MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. SMART ELECTRIC METER MARKET SHARE, BY KEY PLAYER, 2023

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