Global Smart Electricity Meters Market 2022-2028
The global smart electricity meters market is expected to increase by USD 3.5 billion, at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2028, according to the latest edition of the Global Smart Electricity Meters Market Report.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global smart electricity meters market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the smart electricity meters industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the phase, end user, and region. The global market for smart electricity meters can be segmented by phase: single phase, three-phase. The single phase segment captured the largest share of the market in 2021. Smart electricity meters market is further segmented by end user: residential, commercial, industrial, others. The residential segment held the largest share of the global smart electricity meters market in 2021 and is anticipated to hold its share during the forecast period. Based on region, the smart electricity meters market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. In 2021, Asia-Pacific made up the largest share of revenue generated by the smart electricity meters market.
Market Segmentation
By phase: single phase, three-phase
By end user: residential, commercial, industrial, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading smart electricity meters market vendors that include ABB Ltd., Elster Group GmbH, General Electric Company, Holley Technology Ltd., Honeywell International Inc., Iskraemeco Benelux NV, Itron, Inc., Jiangsu Linyang Energy Co., Ltd., Landis+Gyr, Schneider Electric SE, Siemens AG, Wasion Holdings Limited, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
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