Global Smart Electricity Meter Market was valued US$9.06 Bn in 2017 and is estimated to reach US$13.12 Bn by 2026 at a CAGR of more than 4.74% during a forecast period.
Global Smart Electricity Meter Market is segmented by Communication Technology Type, by End User, by Phase and by Region.
Smart Electricity Meter Market by communication technology type segment is classified into Radio Frequency, Power Line Communication, and Cellular. End-User segment classified into Residential, Commercial, and Industrial. Phase segment is classified into Single Phase, and Three Phase. Geographically split into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Based on communication technology type power line communication segment is growing at the highest CAGR during the forecast period. Power line communication is projected to dominate the market. The power line communication is the most usually used communication technology due to its benefits such as the use of the existing utility infrastructure of poles & wires, better cost-effectiveness for rural lines and usability in a challenging terrain. The technology is mature with open standards and several vendors in the market.
The residential segment of the smart electric meter market is anticipated to hold the largest market share and grow during the forecast period. The installation of smart electric meters in residential places would help in decreasing the dependence on fossil fuels, as the smart electric meters can assist the consumers to monitor, regularize and decrease their consumptions from the grid, further integrate their consumptions from renewable energy sources such as solar installations. The widespread use of sophisticated electrical, electronic, and data equipment is driven by the rising importance of power management solutions also driving the smart electric meter market.
Based on phase the three phase segment is expected to grow at the highest CAGR and is projected to dominate the market during the forecast period. Three-phase meters are mostly used in industrial applications and in huge commercial applications. The premium bill for the three-phase meters over the single-phase meters, the growth in the number of industries and commercial facilities drive the installations of the three-phase smart electric meters.
The increasing necessity for efficient data monitoring systems, joined with favourable government policies for a smart meter rollout, improved cost savings, growing investment in smart grid projects and increased emphasis on renewable energy sources is driving the market for smart electric meters. The main factor restraining the growth of the smart electric meter market are the delay in smart meter rollout projects and high initial investment acting as a restraint for progress in developing economies.
Asia Pacific is anticipated to be the largest smart electric meter market during the forecast period. The growth in investments in smart grid technologies and smart cities, the increase in the number of data centers, a surge in IT hubs and commercial institutions drive the smart electric meter market in the region. All other regions are following to contribute the growth in Smart Electricity Meter market.
The report includes detailed profiles of the prominent market players that are trending in the market. Itron, Landis+Gyr, Jiangsu Linyang, Wasion, Aclara Technologies, Schneider, Siemens, Honeywell and Iskraemeco, among others.
Scope of the Global Smart Electricity Meter Market
Global Smart Electricity Meter Market, By Communication Technology Type:
Radio Frequency
Power Line Communication
Cellular
Global Smart Electricity Meter Market, By Phase:
Single Phase
Three Phase
Global Smart Electricity Meter Market, By End User:
Residential
Commercial
Industrial
Global Smart Electricity Meter Market, By Region:
North America
Europe
Asia Pacific
Middle East & Africa
South America
Key Players Operating In Smart Electricity Meter Panels Market:
Landis+Gyr
Jiangsu Linyang
Wasion
Aclara Technologies
Schneider
Siemens
Honeywell
Iskraemeco
ABB Ltd
General Electric Company
Holley Metering Ltd
Elster Group
Global Smart Electricity Meter Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Smart Electricity Meter Market Size, by Market Value (US$ Bn) and Market Volume (Units)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. <a href="https://www.maximizemarketresearch.com/MMR/industry-trends/key-trends-in-global-smart-electricity-meter-market/542/">Global Smart Electricity Meter Market Industry Trends</a> and Emerging Technologies
4.8. Patent Registration
5. Supply Side and Demand Side Indicators
6. Global Smart Electricity Meter Market Analysis and Forecast
6.1. Global Smart Electricity Meter Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
7. Global Smart Electricity Meter Market Analysis and Forecast, by Communication Technology Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Smart Electricity Meter Market Value Share Analysis, by Communication Technology Type
7.4. Global Smart Electricity Meter Market Size (US$ Bn) Forecast, by Communication Technology Type
7.5. Global Smart Electricity Meter Market Analysis, by Communication Technology Type
7.6. Global Smart Electricity Meter Market Attractiveness Analysis, by Communication Technology Type
8. Global Smart Electricity Meter Market Analysis and Forecast, by Phase
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Smart Electricity Meter Market Value Share Analysis, by Phase
8.4. Global Smart Electricity Meter Market Size (US$ Bn) Forecast, by Phase
8.5. Global Smart Electricity Meter Market Analysis, by Phase
8.6. Global Smart Electricity Meter Market Attractiveness Analysis, by Phase
9. Global Smart Electricity Meter Market Analysis and Forecast, by End User
9.1. Introduction and Definition
9.2. Key Findings
9.3. Global Smart Electricity Meter Market Value Share Analysis, by End User
9.4. Global Smart Electricity Meter Market Size (US$ Bn) Forecast, by End User
9.5. Global Smart Electricity Meter Market Analysis, by End User
9.6. Global Smart Electricity Meter Market Attractiveness Analysis, by End User
10. Global Smart Electricity Meter Market Analysis, by Region
10.1. Global Smart Electricity Meter Market Value Share Analysis, by Region
10.2. Global Smart Electricity Meter Market Size (US$ Bn) Forecast, by Region
10.3. Global Smart Electricity Meter Market Attractiveness Analysis, by Region
11. North America Smart Electricity Meter Market Analysis
11.1. Key Findings
11.2. North America Smart Electricity Meter Market Overview
11.3. North America Smart Electricity Meter Market Value Share Analysis, by Communication Technology Type
11.4. North America Smart Electricity Meter Market Forecast, by Communication Technology Type
11.4.1. Radio Frequency
11.4.2. Power Line Communication
11.4.3. Cellular
11.5. North America Smart Electricity Meter Market Value Share Analysis, by Phase
11.6. North America Smart Electricity Meter Market Forecast, by Phase
11.6.1. Single Phase
11.6.2. Three Phase
11.7. North America Smart Electricity Meter Market Value Share Analysis, by End User
11.8. North America Smart Electricity Meter Market Forecast, by End User
11.8.1. Residential
11.8.2. Commercial
11.8.3. Industrial
11.9. North America Smart Electricity Meter Market Value Share Analysis, by Country
11.10. North America Smart Electricity Meter Market Forecast, by Country
11.10.1. U.S.
11.10.2. Canada
11.11. North America Smart Electricity Meter Market Analysis, by Country
11.12. U.S. Smart Electricity Meter Market Forecast, by Communication Technology Type
11.12.1. Radio Frequency
11.12.2. Power Line Communication
11.12.3. Cellular
11.13. U.S. Smart Electricity Meter Market Forecast, by Phase
11.13.1. Single Phase
11.13.2. Three Phase
11.14. U.S. Smart Electricity Meter Market Forecast, by End User
11.14.1. Residential
11.14.2. Commercial
11.14.3. Industrial
11.15. Canada Smart Electricity Meter Market Forecast, by Communication Technology Type
11.15.1. Radio Frequency
11.15.2. Power Line Communication
11.15.3. Cellular
11.16. Canada Smart Electricity Meter Market Forecast, by Phase
11.16.1. Single Phase
11.16.2. Three Phase
11.17. Canada Smart Electricity Meter Market Forecast, by End User
11.17.1. Residential
11.17.2. Commercial
11.17.3. Industrial
11.18. North America Smart Electricity Meter Market Attractiveness Analysis
11.18.1. By Communication Technology Type
11.18.2. By Phase
11.18.3. By End User
11.19. PEST Analysis
11.20. Key Trends
11.21. Key Developments
12. Europe Smart Electricity Meter Market Analysis
12.1. Key Findings
12.2. Europe Smart Electricity Meter Market Overview
12.3. Europe Smart Electricity Meter Market Value Share Analysis, by Communication Technology Type
12.4. Europe Smart Electricity Meter Market Forecast, by Communication Technology Type
12.4.1. Radio Frequency
12.4.2. Power Line Communication
12.4.3. Cellular
12.5. Europe Smart Electricity Meter Market Value Share Analysis, by Phase
12.6. Europe Smart Electricity Meter Market Forecast, by Phase
12.6.1. Single Phase
12.6.2. Three Phase
12.7. Europe Smart Electricity Meter Market Value Share Analysis, by End User
12.8. Europe Smart Electricity Meter Market Forecast, by End User
12.8.1. Residential
12.8.2. Commercial
12.8.3. Industrial
12.9. Europe Smart Electricity Meter Market Value Share Analysis, by Country
12.10. Europe Smart Electricity Meter Market Forecast, by Country
12.10.1. Germany
12.10.2. U.K.
12.10.3. France
12.10.4. Italy
12.10.5. Spain
12.10.6. Rest of Europe
12.11. Europe Smart Electricity Meter Market Analysis, by Country
12.12. Germany Smart Electricity Meter Market Forecast, by Communication Technology Type
12.12.1. Radio Frequency
12.12.2. Power Line Communication
12.12.3. Cellular
12.13. Germany Smart Electricity Meter Market Forecast, by Phase
12.13.1. Single Phase
12.13.2. Three Phase
12.14. Germany Smart Electricity Meter Market Forecast, by End User
12.14.1. Residential
12.14.2. Commercial
12.14.3. Industrial
12.15. U.K. Smart Electricity Meter Market Forecast, by Communication Technology Type
12.15.1. Radio Frequency
12.15.2. Power Line Communication
12.15.3. Cellular
12.16. U.K. Smart Electricity Meter Market Forecast, by Phase
12.16.1. Single Phase
12.16.2. Three Phase
12.17. U.K. Smart Electricity Meter Market Forecast, by End User
12.17.1. Residential
12.17.2. Commercial
12.17.3. Industrial
12.18. France Smart Electricity Meter Market Forecast, by Communication Technology Type
12.18.1. Radio Frequency
12.18.2. Power Line Communication
12.18.3. Cellular
12.19. France Smart Electricity Meter Market Forecast, by Phase
12.19.1. Single Phase
12.19.2. Three Phase
12.20. France Smart Electricity Meter Market Forecast, by End User
12.20.1. Residential
12.20.2. Commercial
12.20.3. Industrial
12.21. Italy Smart Electricity Meter Market Forecast, by Communication Technology Type
12.21.1. Radio Frequency
12.21.2. Power Line Communication
12.21.3. Cellular
12.22. Italy Smart Electricity Meter Market Forecast, by Phase
12.22.1. Single Phase
12.22.2. Three Phase
12.23. Italy Smart Electricity Meter Market Forecast, by End User
12.23.1. Residential
12.23.2. Commercial
12.23.3. Industrial
12.24. Spain Smart Electricity Meter Market Forecast, by Communication Technology Type
12.24.1. Radio Frequency
12.24.2. Power Line Communication
12.24.3. Cellular
12.25. Spain Smart Electricity Meter Market Forecast, by Phase
12.25.1. Single Phase
12.25.2. Three Phase
12.26. Spain Smart Electricity Meter Market Forecast, by End User
12.26.1. Residential
12.26.2. Commercial
12.26.3. Industrial
12.27. Rest of Europe Smart Electricity Meter Market Forecast, by Communication Technology Type
12.27.1. Radio Frequency
12.27.2. Power Line Communication
12.27.3. Cellular
12.28. Rest of Europe Smart Electricity Meter Market Forecast, by Phase
12.28.1. Single Phase
12.28.2. Three Phase
12.29. Rest of Europe Smart Electricity Meter Market Forecast, by End User
12.29.1. Residential
12.29.2. Commercial
12.29.3. Industrial
12.30. Europe Smart Electricity Meter Market Attractiveness Analysis
12.30.1. By Communication Technology Type
12.30.2. By Phase
12.30.3. By End User
12.31. PEST Analysis
12.32. Key Trends
12.33. Key Developments
13. Asia Pacific Smart Electricity Meter Market Analysis
13.1. Key Findings
13.2. Asia Pacific Smart Electricity Meter Market Overview
13.3. Asia Pacific Smart Electricity Meter Market Value Share Analysis, by Communication Technology Type
13.4. Asia Pacific Smart Electricity Meter Market Forecast, by Communication Technology Type
13.4.1. Radio Frequency
13.4.2. Power Line Communication
13.4.3. Cellular
13.5. Asia Pacific Smart Electricity Meter Market Value Share Analysis, by Phase
13.6. Asia Pacific Smart Electricity Meter Market Forecast, by Phase
13.6.1. Single Phase
13.6.2. Three Phase
13.7. Asia Pacific Smart Electricity Meter Market Value Share Analysis, by End User
13.8. Asia Pacific Smart Electricity Meter Market Forecast, by End User
13.8.1. Residential
13.8.2. Commercial
13.8.3. Industrial
13.9. Asia Pacific Smart Electricity Meter Market Value Share Analysis, by Country
13.10. Asia Pacific Smart Electricity Meter Market Forecast, by Country
13.10.1. China
13.10.2. India
13.10.3. Japan
13.10.4. ASEAN
13.10.5. Rest of Asia Pacific
13.11. Asia Pacific Smart Electricity Meter Market Analysis, by Country
13.12. China Smart Electricity Meter Market Forecast, by Communication Technology Type
13.12.1. Radio Frequency
13.12.2. Power Line Communication
13.12.3. Cellular
13.13. China Smart Electricity Meter Market Forecast, by Phase
13.13.1. Single Phase
13.13.2. Three Phase
13.14. China Smart Electricity Meter Market Forecast, by End User
13.14.1. Residential
13.14.2. Commercial
13.14.3. Industrial
13.15. India Smart Electricity Meter Market Forecast, by Communication Technology Type
13.15.1. Radio Frequency
13.15.2. Power Line Communication
13.15.3. Cellular
13.16. India Smart Electricity Meter Market Forecast, by Phase
13.16.1. Single Phase
13.16.2. Three Phase
13.17. India Smart Electricity Meter Market Forecast, by End User
13.17.1. Residential
13.17.2. Commercial
13.17.3. Industrial
13.18. Japan Smart Electricity Meter Market Forecast, by Communication Technology Type
13.18.1. Radio Frequency
13.18.2. Power Line Communication
13.18.3. Cellular
13.19. Japan Smart Electricity Meter Market Forecast, by Phase
13.19.1. Single Phase
13.19.2. Three Phase
13.20. Japan Smart Electricity Meter Market Forecast, by End User
13.20.1. Residential
13.20.2. Commercial
13.20.3. Industrial
13.21. ASEAN Smart Electricity Meter Market Forecast, by Communication Technology Type
13.21.1. Radio Frequency
13.21.2. Power Line Communication
13.21.3. Cellular
13.22. ASEAN Smart Electricity Meter Market Forecast, by Phase
13.22.1. Single Phase
13.22.2. Three Phase
13.23. ASEAN Smart Electricity Meter Market Forecast, by End User
13.23.1. Residential
13.23.2. Commercial
13.23.3. Industrial
13.24. Rest of Asia Pacific Smart Electricity Meter Market Forecast, by Communication Technology Type
13.24.1. Radio Frequency
13.24.2. Power Line Communication
13.24.3. Cellular
13.25. Rest of Asia Pacific Smart Electricity Meter Market Forecast, by Phase
13.25.1. Single Phase
13.25.2. Three Phase
13.26. Rest of Asia Pacific Smart Electricity Meter Market Forecast, by End User
13.26.1. Residential
13.26.2. Commercial
13.26.3. Industrial
13.27. Asia Pacific Smart Electricity Meter Market Attractiveness Analysis
13.27.1. By Communication Technology Type
13.27.2. By Phase
13.27.3. By End User
13.28. PEST Analysis
13.29. Key Trends
13.30. Key Developments
14. Middle East & Africa Smart Electricity Meter Market Analysis
14.1. Key Findings
14.2. Middle East & Africa Smart Electricity Meter Market Overview
14.3. Middle East & Africa Smart Electricity Meter Market Value Share Analysis, by Communication Technology Type
14.4. Middle East & Africa Smart Electricity Meter Market Forecast, by Communication Technology Type
14.4.1. Radio Frequency
14.4.2. Power Line Communication
14.4.3. Cellular
14.5. Middle East & Africa Smart Electricity Meter Market Value Share Analysis, by Phase
14.6. Middle East & Africa Smart Electricity Meter Market Forecast, by Phase
14.6.1. Single Phase
14.6.2. Three Phase
14.7. Middle East & Africa Smart Electricity Meter Market Value Share Analysis, by End User
14.8. Middle East & Africa Smart Electricity Meter Market Forecast, by End User
14.8.1. Residential
14.8.2. Commercial
14.8.3. Industrial
14.9. Middle East & Africa Smart Electricity Meter Market Value Share Analysis, by Country
14.10. Middle East & Africa Smart Electricity Meter Market Forecast, by Country
14.10.1. GCC
14.10.2. South Africa
14.10.3. Rest of Middle East & Africa
14.11. Middle East & Africa Smart Electricity Meter Market Analysis, by Country
14.12. GCC Smart Electricity Meter Market Forecast, by Communication Technology Type
14.12.1. Radio Frequency
14.12.2. Power Line Communication
14.12.3. Cellular
14.13. GCC Smart Electricity Meter Market Forecast, by Phase
14.13.1. Single Phase
14.13.2. Three Phase
14.14. GCC Smart Electricity Meter Market Forecast, by End User
14.14.1. Residential
14.14.2. Commercial
14.14.3. Industrial
14.15. South Africa Smart Electricity Meter Market Forecast, by Communication Technology Type
14.15.1. Radio Frequency
14.15.2. Power Line Communication
14.15.3. Cellular
14.16. South Africa Smart Electricity Meter Market Forecast, by Phase
14.16.1. Single Phase
14.16.2. Three Phase
14.17. South Africa Smart Electricity Meter Market Forecast, by End User
14.17.1. Residential
14.17.2. Commercial
14.17.3. Industrial
14.18. Rest of Middle East & Africa Smart Electricity Meter Market Forecast, by Communication Technology Type
14.18.1. Radio Frequency
14.18.2. Power Line Communication
14.18.3. Cellular
14.19. Rest of Middle East & Africa Smart Electricity Meter Market Forecast, by Phase
14.19.1. Single Phase
14.19.2. Three Phase
14.20. Rest of Middle East & Africa Smart Electricity Meter Market Forecast, by End User
14.20.1. Residential
14.20.2. Commercial
14.20.3. Industrial
14.21. Middle East & Africa Smart Electricity Meter Market Attractiveness Analysis
14.21.1. By Communication Technology Type
14.21.2. By Phase
14.21.3. By End User
14.22. PEST Analysis
14.23. Key Trends
14.24. Key Developments
15. South America Smart Electricity Meter Market Analysis
15.1. Key Findings
15.2. South America Smart Electricity Meter Market Overview
15.3. South America Smart Electricity Meter Market Value Share Analysis, by Communication Technology Type
15.4. South America Smart Electricity Meter Market Forecast, by Communication Technology Type
15.4.1. Radio Frequency
15.4.2. Power Line Communication
15.4.3. Cellular
15.5. South America Smart Electricity Meter Market Value Share Analysis, by Phase
15.6. South America Smart Electricity Meter Market Forecast, by Phase
15.6.1. Single Phase
15.6.2. Three Phase
15.7. South America Smart Electricity Meter Market Value Share Analysis, by End User
15.8. South America Smart Electricity Meter Market Forecast, by End User
15.8.1. Residential
15.8.2. Commercial
15.8.3. Industrial
15.9. South America Smart Electricity Meter Market Value Share Analysis, by Country
15.10. South America Smart Electricity Meter Market Forecast, by Country
15.10.1. Brazil
15.10.2. Mexico
15.10.3. Rest of South America
15.11. South America Smart Electricity Meter Market Analysis, by Country
15.12. Brazil Smart Electricity Meter Market Forecast, by Communication Technology Type
15.12.1. Radio Frequency
15.12.2. Power Line Communication
15.12.3. Cellular
15.13. Brazil Smart Electricity Meter Market Forecast, by Phase
15.13.1. Single Phase
15.13.2. Three Phase
15.14. Brazil Smart Electricity Meter Market Forecast, by End User
15.14.1. Residential
15.14.2. Commercial
15.14.3. Industrial
15.15. Mexico Smart Electricity Meter Market Forecast, by Communication Technology Type
15.15.1. Radio Frequency
15.15.2. Power Line Communication
15.15.3. Cellular
15.16. Mexico Smart Electricity Meter Market Forecast, by Phase
15.16.1. Single Phase
15.16.2. Three Phase
15.17. Mexico Smart Electricity Meter Market Forecast, by End User
15.17.1. Residential
15.17.2. Commercial
15.17.3. Industrial
15.18. Rest of South America Smart Electricity Meter Market Forecast, by Communication Technology Type
15.18.1. Radio Frequency
15.18.2. Power Line Communication
15.18.3. Cellular
15.19. Rest of South America Smart Electricity Meter Market Forecast, by Phase
15.19.1. Single Phase
15.19.2. Three Phase
15.20. Rest of South America Smart Electricity Meter Market Forecast, by End User
15.20.1. Residential
15.20.2. Commercial
15.20.3. Industrial
15.21. South America Smart Electricity Meter Market Attractiveness Analysis
15.21.1. By Communication Technology Type
15.21.2. By Phase
15.21.3. By End User
15.22. PEST Analysis
15.23. Key Trends
15.24. Key Developments
16. Company Profiles
16.1. Market Share Analysis, by Company
16.2. Competition Matrix
16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
16.2.2. New Product Launches and Product Enhancements
16.2.3. Market Consolidation
16.2.3.1. M&A by Regions, Investment and Applications
16.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
16.3. Company Profiles: Key Players
16.3.1. Itron
16.3.1.1. Company Overview
16.3.1.2. Financial Overview
16.3.1.3. Product Portfolio
16.3.1.4. Business Strategy
16.3.1.5. Recent Developments
16.3.1.6. Development Footprint
16.3.2. Landis+Gyr
16.3.3. Jiangsu Linyang
16.3.4. Wasion
16.3.5. Aclara Technologies
16.3.6. Schneider
16.3.7. Siemens
16.3.8. Honeywell
16.3.9. Iskraemeco
16.3.10. ABB Ltd
16.3.11. General Electric Company
16.3.12. Holley Metering Ltd
16.3.13. Elster Group
16.3.14. Iskraemeco
16.3.15. Itron Inc.
16.3.16. Landis+Gyr
16.3.17. Schneider Electric
16.3.18. Siemens AG.
17. Primary Key Insights
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
Best quality reports based on various authentic and accurate data findings.
Your personal and confidential information is safe and secure.
Trends Market Research © Copyright 2020. All Rights Reserved.