Global Industrial Smart Meters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Industrial Smart Meters Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A smart meter is an Internet-capable device that measures energy, water or natural gas consumption of a building, home, plants, etc.

Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Energy companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.

The smart meter acts as the network termination point, an ingress router between the utility’s network and the building it is monitoring. When connected to a building automation system, a smart meter will allow the building administrator to control based on real-time energy costs.

A smart meter is one component of a smart grid, an approach to managing energy distribution and consumption that uses Internet technologies to create bi-directional communication, coordination and control.

According to our (Global Info Research) latest study, the global Industrial Smart Meters market size was valued at US$ 149 million in 2023 and is forecast to a readjusted size of USD 453 million by 2030 with a CAGR of 17.4% during review period.

Globally, the Industrial Smart Meters industry market is low concentrated as the manufacturing technology of Industrial Smart Meters is relatively matures than some high-tech equipment. And some enterprises, like Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, etc. are well-known for the wonderful performance of their Industrial Smart Meters and related services, with about 14% market shares. At the same time, China, occupied 70% production market share, is remarkable in the global Industrial Smart Meters industry.

This report is a detailed and comprehensive analysis for global Industrial Smart Meters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Industrial Smart Meters market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Industrial Smart Meters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Industrial Smart Meters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Industrial Smart Meters market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Industrial Smart Meters

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Industrial Smart Meters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom, Iskraemeco, ZIV, Sanxing, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Industrial Smart Meters market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Industrial Smart Gas Meter
Industrial Smart Water Meter
Industrial Smart Electric Meter

Market segment by Application
Heavy Industry
Light Industry

Major players covered
Landis+Gyr
Itron
Siemens
Kamstrup
Elster Group
Nuri Telecom
Sagemcom
Iskraemeco
ZIV
Sanxing
Linyang Electronics
Wasion Group
Haixing Electrical
XJ Measurement & Control Meter
Chintim Instruments
Clou Electronics
Holley Metering
HND Electronics
Longi
Banner
Sunrise

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Industrial Smart Meters product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Industrial Smart Meters, with price, sales quantity, revenue, and global market share of Industrial Smart Meters from 2019 to 2024.

Chapter 3, the Industrial Smart Meters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Industrial Smart Meters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Industrial Smart Meters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Smart Meters.

Chapter 14 and 15, to describe Industrial Smart Meters sales channel, distributors, customers, research findings and conclusion.