Smart Meters Market Research Reports & Industry Analysis

Smart meters represent the third generation of modern electricity meters used for measuring and communicating the real-time energy consumption of a utility ratepayer, electrical co-op member or at another electrical grid distribution end point. Smart meters form a core component for grid technologies capabilities such as time of use (TOU) pricing, advanced metering infrastructure (AMI), demand response (DR), and for other smart grid-related grid features. And like natural gas meters and water meters, any electrical meter is responsible for measuring the flow of a resource, electricity, to the points of consumption or aggregate load behind the metered point. Most modern electrical meters measure the instantaneous voltage and current to find instantaneous power consumption, which is aggregated over time to provide energy consumption. First-generation modern electrical meters required readings by utility personnel or the customer ratepayer to determine billings and energy costs. Automated meter reading (AMR) was introduced as a second-generation digital option that allowed for the remote reading of meters via wired networks or wireless signals. The automatic reading of meters through AMR, however, provided only limited, periodically-connected energy consumption and power quality data to a utility or other power service provider.

Smart meters are distinguished by their capacity to provide real-time or near real-time digital data to utilities and participate in two-way communications between power service providers and consumers. Smart meters are also differentiated by advanced attributes such as connective intensity, communications speed, ability to continuously monitor power quality, ability to dampen or disconnect service, ability to report power outages. Smart electrical meters also represent just one component of what is called advanced metering infrastructure (AMI) – an interactive system that includes smart meters, a communications network (wired or wireless), computer hardware, and meter data management software and systems. Advanced metering infrastructure enables smart meters to transmit data that is aggregated, managed and analyzed by utilities, third-party aggregators or other power service providers.

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Smart Meters Industry Research & Market Reports

  • Smart Meter Data Management

    ... reach US$8.0 Billion by 2030, growing at a CAGR of 16.9% over the analysis period 2023-2030. Software Component, one of the segments analyzed in the report, is expected to record a 16.2% CAGR and reach ... Read More

  • Growth Opportunities in Smart Water Metering, India, Forecast to 2030

    ... water resources, driving demand for smart water meters to ensure universal water coverage that is economical and environmentally sustainable. India is investing in developing water supply infrastructure to ensure universal coverage through policies and schemes, ... Read More

  • Global Smart Water Meter Market 2024-2028

    ... water meter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market ... Read More

  • Global Power Metering Market 2024-2028

    ... report on the power metering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding ... Read More

  • Global Home Energy Management Systems Market 2024-2028

    ... the home energy management systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding ... Read More

  • Global Smart Gas Market 2024-2028

    ... provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest ... Read More

  • Growth Opportunities in the Smart Water Metering Solutions Industry, Europe, Forecast to 2030

    ... 5 years, Europe has faced unprecedented weather disruptions caused by factors attributed to climate change. Drought and heat waves have caused water stress across Europe and led most European countries to adopt and implement water ... Read More

  • IoT Market by Offering (Platforms, Services), Focus Area (Smart Manufacturing, Smart Transportation/Mobility, Smart Healthcare, Smart Retail, Smart Cities, Smart building, Smart Energy & Utilities), Application - Global Forecast to 2029

    ... at USD 64.8 billion in 2024 to USD 153.2 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 18.8%. IoT enhances operational effectiveness through the delivery of instant data and automated processes. They ... Read More

  • Intelligent Electronic Devices

    ... by 2030, growing at a CAGR of 5.0% over the analysis period 2023-2030. Automation Application, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$8.8 Billion by ... Read More

  • Digital Power Meters

    ... by 2030, growing at a CAGR of 4.9% over the analysis period 2023-2030. Residential End-Use, one of the segments analyzed in the report, is expected to record a 5.0% CAGR and reach US$16.0 Billion by ... Read More

  • Utility Communication Technologies

    ... by 2030, growing at a CAGR of 4.0% over the analysis period 2023-2030. Wired Technologies, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$18.0 Billion by ... Read More

  • Smart Metering in Latin America 2nd Edition

    ... include Brazil, Mexico, Argentina, Bolivia, Chile,Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras,Panama, Paraguay, Peru and Uruguay. This strategic researchreport from Berg Insight provides you with over 150 pages of uniquebusiness intelligence, including 6-year industry ... Read More

  • 2024 Global Forecast for Smart Electric Meter Market (2025-2030 Outlook)-High Tech & Emerging Markets Report

    ... The product or service category is within the NAICS Electrical Equipment Manufacturing industry. The product or service category is within the NAICS Electrical Equipment Manufacturing industry. The global market is expected to increase from USD ... Read More

  • 2024 Global Forecast for Smart Water Metering Market (2025-2030 Outlook)-High Tech & Emerging Markets Report

    ... The product or service category is within the NAICS Chemical Manufacturing industry. The product or service category is within the NAICS Chemical Manufacturing industry. The global market is expected to increase from USD xx billion ... Read More

  • 2024 Global Forecast for Smart Gas Meter Market (2025-2030 Outlook)-High Tech & Emerging Markets Report

    ... The product or service category is within the NAICS Semiconductor Mfg. industry. The product or service category is within the NAICS Semiconductor Mfg. industry. The global market is expected to increase from USD xx billion ... Read More

  • 2024 Global Forecast for Smart Meter Market (2025-2030 Outlook)-High Tech & Emerging Markets Report

    ... product or service category is within the NAICS Semiconductor Mfg. industry. The product or service category is within the NAICS Semiconductor Mfg. industry. The global market is expected to increase from USD xx billion in ... Read More

  • United Kingdom Renewable Energy Policy Handbook 2024

    ... major policies governing the renewable energy market in the country and provides information on renewable policies/developments at a regional/municipal level. The report discusses renewable energy targets and plans along with the present policy framework, giving ... Read More

  • 2024 Global Forecast for Power Metering Market (2025-2030 Outlook)-High Tech & Emerging Markets Report

    ... product or service category is within the NAICS Semiconductor Mfg. industry. The product or service category is within the NAICS Semiconductor Mfg. industry. The global market is expected to increase from USD xx billion in ... Read More

  • Growth Opportunities in Smart Water Metering Solutions in the United States, Forecast to 2030

    ... utilities has significantly increased in the last 5 years in response to water stress caused by unprecedented droughts and heat waves across the country. Water utilities of all sizes are responding to state-level regulations and ... Read More

  • Frost Radar™: Smart Water Metering in Europe, 2024

    ... solutions industry presents a competitive benchmarking of 18 leading providers of innovative solutions showcasing high customer value, significant value additions, and/or disruptive growth potential leveraging regional drivers or trends. The analysis evaluates the ability of ... Read More

  • Virtual Power Plants

    ... by 2030, growing at a CAGR of 26.8% over the analysis period 2023-2030. Demand Response Technology, one of the segments analyzed in the report, is expected to record a 26.5% CAGR and reach US$3.0 Billion ... Read More

  • Smart Meters

    ... at a CAGR of 8.6% over the analysis period 2023-2030. Smart Electric Meters, one of the segments analyzed in the report, is expected to record a 8.7% CAGR and reach US$27.7 Billion by the end ... Read More

  • Smart Water Meters

    ... by 2030, growing at a CAGR of 6.4% over the analysis period 2023-2030. Auto Meter Reading (AMR), one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach US$2.8 ... Read More

  • Smart Electricity Meters

    ... by 2030, growing at a CAGR of 7.6% over the analysis period 2023-2030. Automatic Meter Reading (AMR) Technology, one of the segments analyzed in the report, is expected to record a 4.4% CAGR and reach ... Read More

  • Advanced Metering Infrastructure (AMI)

    ... reach US$27.9 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2023-2030. AMI Hardware, one of the segments analyzed in the report, is expected to record a 8.3% CAGR and reach ... Read More

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