Global Smart Energy Meters Market Growth 2024-2030
Smart energy meters are the next-generation meters that provide more precise and exact amount of electricity consumption. They are generally installed at households or in enterprise infrastructure to maintain detailed statistics about energy consumption.
The global Smart Energy Meters market size is projected to grow from US$ 7073.7 million in 2023 to US$ 9402.6 million in 2030; it is expected to grow at a CAGR of 4.1% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Smart Energy Meters Industry Forecast” looks at past sales and reviews total world Smart Energy Meters sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Energy Meters sales for 2024 through 2030. With Smart Energy Meters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Energy Meters industry.
This Insight Report provides a comprehensive analysis of the global Smart Energy Meters 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 Smart Energy Meters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Energy Meters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Energy Meters 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 Smart Energy Meters.
The residential segment of the global smart energy meter market is expected to hold the largest market share, and grow at the second-fastest pace during the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Energy Meters market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Smart Electric Meter
Smart Gas Meter
Others
Segmentation by application
Residential Sector
Commercial Sector
Industrial Sector
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 analyzing the company's coverage, product portfolio, its market penetration.
ABB
GE Energy
Itron
Landis + Gyr
Schneider
Sensus USA
Siemens
Honeywell
Echelon
S&T
Aclara Technologies
Elster Group
Kamstrup
Wasion
Jiangsu Linyang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Energy Meters market?
What factors are driving Smart Energy Meters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Energy Meters market opportunities vary by end market size?
How does Smart Energy Meters break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.