Global Electric Smart Meter Market Growth 2025-2031

Global Electric Smart Meter Market Growth 2025-2031

The global Electric Smart Meter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing.

The top 5 companies had a combined market share of 72% of the global total in 2018, and this trend is expected to continue during the forecast period.

LP Information, Inc. (LPI) ' newest research report, the “Electric Smart Meter Industry Forecast” looks at past sales and reviews total world Electric Smart Meter sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Smart Meter sales for 2025 through 2031. With Electric Smart Meter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Smart Meter industry.

This Insight Report provides a comprehensive analysis of the global Electric Smart Meter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Smart Meter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Smart Meter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Smart Meter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Smart Meter.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Smart Meter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single-phase Smart Meter
Three-phase Smart Meter

Segmentation by Application:
Residential Application
Commercial Application
Industrial Application

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Landis+Gyr
Itron
Honeywell Elster
Aclara Technologies (GE Meter)
ELO Sistemas Eletronicos
Sensus
IUSA
Siemens
Nansen
S&T AG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Smart Meter market?

What factors are driving Electric Smart Meter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Smart Meter market opportunities vary by end market size?

How does Electric Smart Meter break out by Type, by Application?