Global Smart Electricity Meter

Global Smart Electricity Meter Market Research Report: Forecast (2022-2027)

By Technology (Automated Meter Reading, Advanced Metering Infrastructure, Standard (non-AMR/AMI) Meters), By Phase (Single Phase, Three Phase), By End Users (Municipal, Commercial, Residential, Indust Read more

  • Energy
  • Apr 2021
  • 200
  • EN44009

Market Definition

Smart electricity meters are electronic devices that show accurate readings for electricity usage. They help minimize the peak electricity requirements and enable consumers to monitor & reduce power consumption. Besides, they also help prevent disconnection, removes billing errors, etc.

Many utility companies worldwide are increasingly adopting smart meters as an efficient way to monitor the electricity usage of their customers in order to better determine infrastructure requirements & costs. Moreover, smart electricity meters can provide both utilities & their customers with better means of how usage is affecting their costs and, in turn, help them devise new money-saving strategies.

Market Insights

The Global Smart Electricity Meter Market is projected to register a CAGR of around 9% during the forecast period, 2022-27. The growth of the market is driven primarily by the growing consumer need for accurate billing, massive investments by both private & public players in deploying smart grids, and various energy conservation initiatives worldwide.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 9%
Regions Covered North America: US, Canada, Mexico
Europe: The UK, France, Germany, Italy, Spain, CIS+ Russia 
Asia-Pacific: China, India, Japan, Australia
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, Qatar
Key Companies Profiled

Landis+Gyr, Itron, Wasion, Hexing, Elster, Sagemcom, Sensus, ADD, Aclara, Kamstrup

Unit Denominations USD Million/Billion

 

Rapid urbanization & various ongoing & upcoming smart infrastructural developments worldwide have infused the need for automatic electricity control in order to avoid wastage. As a result, the mounting adoption of smart devices & technologies across various facilities, globally, is boosting the global market. Moreover, the soaring energy prices and rising electricity thefts are other crucial aspects projecting significant growth opportunities for the global market through 2027.

In addition, the introduction of favorable government policies & incentives for adopting smart meters instead of conventional meters to help users/utilities effectively monitor & control the power consumption, coupled with the mounting inclination of people toward using energy-efficient products & services to promote environmental sustainability, is also expected to create profitable opportunities for the Global Smart Electricity Meter Market in the years to come.

1.     Introduction

1.1.   Product Definition

1.2.   Research Process

1.3.   Assumptions

1.4.   Market Segmentation

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Macroeconomic Outlook

5.     Global Smart Electricity Meter Market Outlook, 2017-2027

5.1.   Market Potential & Outlook

5.1.1. By Revenues

5.1.2. By Units Sold

5.2.   Market Segmentation & Outlook

5.2.1. By Technology

5.2.1.1.  Automated Meter Reading (AMR)

5.2.1.2.  Advanced Metering Infrastructure (AMI)

5.2.1.3.  Standard (non-AMR/AMI) Meters

5.2.2. By Phase

5.2.2.1.  One Phase

5.2.2.2.  Three Phase

5.2.3. By End Users

5.2.3.1.  Municipal

5.2.3.2.  Commercial

5.2.3.3.  Industrial

5.2.3.4.  Residential

5.2.4. By Region

5.2.4.1.  North America

5.2.4.2.  South America

5.2.4.3.  Europe

5.2.4.4.  Middle East

5.2.4.5.  Africa

5.2.4.6.  Asia Pacific

5.2.5. By Company

5.2.5.1.  Revenue Shares

5.2.5.2.  Strategic Factorial Indexing

5.2.5.3.  Competitor Placement in MarkNtel Quadrant

6.     North America Smart Electricity Meter Market Outlook, 2017- 2027

6.1.   Market Potential & Outlook

6.1.1. By Revenues

6.1.2.By Units Sold

6.2.   Market Segmentation & Outlook

6.2.1. By Technology

6.2.2. By Phase

6.2.3. By End Users

6.2.4. By Country

6.2.4.1.  The United States

6.2.4.2.  Canada

6.2.4.3.  Mexico

6.2.4.3.  Others

7.     The United States Smart Electricity Meter Market Outlook, 2017-2027

7.1.   Market Potential & Outlook

7.1.1. By Revenues

7.1.2. By Units Sold

7.2.   Market Segmentation & Outlook

7.2.1. By Technology

7.2.2. By Phase

7.2.3. By End Users

8.     Canada Smart Electricity Meter Market Outlook, 2017-2027

8.1.   Market Potential & Outlook

8.1.1. By Revenues

8.1.2. By Units Sold

8.2.   Market Segmentation & Outlook

8.2.1. By Technology

8.2.2. By Phase

8.2.3. By End Users

9.     Mexico Smart Electricity Meter Market Outlook, 2017-2027

9.1.   Market Potential & Outlook

9.1.1. By Revenues

9.1.2.By Units Sold

9.2.   Market Segmentation & Outlook

9.2.1. By Technology

9.2.2. By Phase

9.2.3. By End Users

10.  South America Smart Electricity Meter Market Outlook, 2017- 2027

10.1.  Market Potential & Outlook

10.1.1.   By Revenues

10.1.2.   By Units Sold

10.2. Market Segmentation & Outlook

10.2.1.   By Technology

10.2.2.   By Phase

10.2.3.   By End Users

10.2.4.   By Country

10.2.4.1.       Brazil

10.2.4.2.       Argentina

10.2.4.3.       Others

11.  Brazil Smart Electricity Meter Market Outlook, 2017-2027

11.1.  Market Potential & Outlook

11.1.1.   By Revenues

11.1.2.   By Units Sold

11.2.   Market Segmentation & Outlook

11.2.1.   By Technology

11.2.2.   By Phase

11.2.3.   By End Users

12.  Argentina Smart Electricity Meter Market Outlook, 2017-2027

12.1. Market Potential & Outlook

12.1.1.   By Revenues

12.1.2.   By Units Sold

12.2. Market Segmentation & Outlook

12.2.1.   By Technology

12.2.2.   By Phase

12.2.3.   By End Users

13.  Europe Smart Electricity Meter Market Outlook, 2017- 2027

13.1.  Market Potential & Outlook

13.1.1.   By Revenues

13.1.2.   By Units Sold

13.2.   Market Segmentation & Outlook

13.2.1.   By Technology

13.2.2.   By Phase

13.2.3.   By End Users

13.2.4.   By Country

13.2.4.1.       UK

13.2.4.2.       Germany

13.2.4.3.       France

13.2.4.4.       Spain

13.2.4.5.       CIS + Russia

13.2.4.6.       Others

14.  UK Smart Electricity Meter Market Outlook, 2017-2027

14.1.   Market Potential & Outlook

14.1.1.   By Revenues

14.1.2.   By Units Sold

14.2.   Market Segmentation & Outlook

14.2.1.   By Technology

14.2.2.   By Phase

14.2.3.   By End Users

15.  Germany Smart Electricity Meter Market Outlook, 2017-2027

15.1.   Market Potential & Outlook

15.1.1.   By Revenues

15.1.2.   By Units Sold

15.2.   Market Segmentation & Outlook

15.2.1.   By Technology

15.2.2.   By Phase

15.2.3.   By End Users

16.  France Smart Electricity Meter Market Outlook, 2017-2027

16.1.  Market Potential & Outlook

16.1.1.   By Revenues

16.1.2.   By Units Sold

16.2.  Market Segmentation & Outlook

16.2.1.   By Technology

16.2.2.   By Phase

16.2.3.   By End Users

17.  CIS + Russia Smart Electricity Meter Market Outlook, 2017-2027

17.1.  Market Potential & Outlook

17.1.1.   By Revenues

17.1.2.   By Units Sold

17.2.  Market Segmentation & Outlook

17.2.1.   By Technology

17.2.2.   By Phase

17.2.3.   By End Users

18.  Asia Pacific Smart Electricity Meter Market Outlook, 2017- 2027

18.1. Market Potential & Outlook

18.1.1.   By Revenues

18.1.2.  By Units Sold

18.2. Market Segmentation & Outlook

18.2.1.   By Technology

18.2.2.   By Phase

18.2.3.   By End Users

18.2.4.   By Country

18.2.4.1.       China

18.2.4.2.       India

18.2.4.3.       Japan

18.2.4.4.       Australia

18.2.4.5.       Others

19.  China Smart Electricity Meter Market Outlook, 2017-2027

19.1. Market Potential & Outlook

19.1.1.   By Revenues

19.1.2.   By Units Sold

19.2. Market Segmentation & Outlook

19.2.1.   By Technology

19.2.2.   By Phase

19.2.3.   By End Users

20.  India Smart Electricity Meter Market Outlook, 2017-2027

20.1.  Market Potential & Outlook

20.1.1.   By Revenues

20.1.2.   By Units Sold

20.2.  Market Segmentation & Outlook

20.2.1.   By Technology

20.2.2.   By Phase

20.2.3.   By End Users

21.  Japan Smart Electricity Meter Market Outlook, 2017-2027

21.1. Market Potential & Outlook

21.1.1.   By Revenues

21.1.2    By Units Sold

21.2. Market Segmentation & Outlook

21.2.1.   By Technology

21.2.2.   By Phase

21.2.3.   By End Users

22.  Australia Smart Electricity Meter Market Outlook, 2017-2027

22.1. Market Potential & Outlook

22.1.1.   By Revenues

22.1.2.   By Units Sold

22.2. Market Segmentation & Outlook

22.2.1.   By Technology

22.2.2.   By Phase

22.2.3.   By End Users

23.  Middle East Smart Electricity Meter Market Outlook, 2017- 2027

23.1.  Market Potential & Outlook

23.1.1.   By Revenues

23.1.2.   By Units Sold

23.2.  Market Segmentation & Outlook

23.2.1.   By Technology

23.2.2.   By Phase

23.2.3.   By End Users

23.2.4.   By Country

23.2.4.1.       Saudi Arabia

23.2.4.2.       UAE

23.2.4.3.       Qatar

23.2.4.4.       Others

24.  Saudi Arabia Smart Electricity Meter Market Outlook, 2017-2027

24.1. Market Potential & Outlook

24.1.1.   By Revenues

24.1.2.   By Units Sold

24.2. Market Segmentation & Outlook

24.2.1.   By Technology

24.2.2.   By Phase

24.2.3.   By End Users

25.  UAE Smart Electricity Meter Market Outlook, 2017-2027

25.1.  Market Potential & Outlook

25.1.1.   By Revenues

25.1.2.  By Units Sold

25.2.  Market Segmentation & Outlook

25.2.1.   By Technology

25.2.2.   By Phase

25.2.3.   By End Users

26.  Qatar Smart Electricity Meter Market Outlook, 2017-2027

26.1. Market Potential & Outlook

26.1.1.   By Revenues

26.1.2.   By Units Sold

26.2. Market Segmentation & Outlook

26.2.1.   By Technology

26.2.2.   By Phase

26.2.3.   By End Users

27.  Africa Smart Electricity Meter Market Outlook, 2017- 2027

27.1. Market Potential & Outlook

27.1.1.   By Revenues

27.1.2.   By Units Sold

27.2. Market Segmentation & Outlook

27.2.1.   By Technology

27.2.2.   By Phase

27.2.3.   By End Users

27.2.4.   By Country

27.2.4.1.       South Africa

27.2.4.2.       Egypt

27.2.4.3.       Turkey

27.2.4.4.       Others

28.  South Africa Smart Electricity Meter Market Outlook, 2017-2027

28.1. Market Potential & Outlook

28.1.1.   By Revenues

28.1.2.   By Units Sold

28.2. Market Segmentation & Outlook

28.2.1.   By Technology

28.2.2.   By Phase

28.2.3.   By End Users

29.  Egypt Smart Electricity Meter Market Outlook, 2017-2027

29.1. Market Potential & Outlook

29.1.1.   By Revenues

29.1.2.   By Units Sold

29.2. Market Segmentation & Outlook

29.2.1.   By Technology

29.2.2.   By Phase

29.2.3.   By End Users

30.  Turkey Smart Electricity Meter Market Outlook, 2017-2027

30.1. Market Potential & Outlook

30.1.1.   By Revenues

30.1.2.   By Units Sold

30.2. Market Segmentation & Outlook

30.2.1.   By Technology

30.2.2.   By Phase

30.2.3.   By End Users

31.  Global Smart Electricity Meter Market Attractiveness Index, 2017- 2027

31.1.By Technology

31.2.By Phase

31.3.By End Users

31.4.By Country

32.  Global Smart Electricity Meter Market Trends & Developments

33.  Global Smart Electricity Meter Market Dynamics

33.1.Drivers

33.2.Challenges

34.  Global Smart Electricity Meter Market Winning Strategies, 2017

34.1.Investment Scenario

34.2.Hotspots

35.  Global Smart Electricity Meter Market Porter’s Five Forces Analysis

36.  Global Smart Meter Market Key Success Imperatives for Growth & Success

37.  Competitive Benchmarking

37.1.Competition Matrix

37.1.1. Product Portfolio

37.1.2. Target Markets

37.1.3. Target End Users

37.1.4. Research & Development

37.1.5. Strategic Alliances

37.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc)

37.2.1.   Landis+Gyr

37.2.2.   Itron

37.2.3.   Wasion

37.2.4.   Hexing

37.2.5.   Elster

37.2.6.   Sagemcom

37.2.7.   Sensus

37.2.8.   ADD

37.2.9.   Aclara

37.2.10. Kamstrup

38.  Disclaimer

Global Smart Electricity Meter Market Segmentation
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