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
