A smart meter is an electrical device that enables two-way communication between a utility and a consumer regarding consumption of electricity, gas or water. Since the last few years, smart meters have been amongst the fastest growing markets worldwide. A smart meter is an extension of automated meter reading (AMR); it comprises the whole range of metering devices, software, communication media, and data management systems. Smart meters help to reduce the billing cost and operations cost for the utilities. They record the data pertaining to the quantity of gas, electricity, and water utilized by the consumers, and calculate the cost, along with showing how these consumptions impact greenhouse gas emissions. Smart meters allow policy makers to set different prices for electricity, water or gas consumption based on the time of day and the season. In addition, smart meters automatically upload the data and prepare the bills with more accuracy.

Smart meters help to reduce the CO2 emissions in two ways: direct energy savings by consumers and indirect energy savings through efficient management of smart meter, remote reading, and reduced peak consumption. It is found that ample opportunities in smart meters are available for hardware, software, communications, consumer energy displays and controllers, meter data management software, and supplier business systems. The demand for smart meters is increasing in countries such as the U.S., Canada, UK, Germany, Spain, China, Australia, New Zealand, India and Middle East, and other emerging countries. Governments across the globe are supporting smart meter suppliers through subsidies. Smart meter applications market includes residential, commercial, and industrial. The residential and commercial applications market is expected to have tremendous growth, as it helps consumers and utilities in energy saving, increasing the efficiency, and the elimination of estimated bills and meter readings.

The main drivers of the smart meter market are the efforts to reduce green house gas (GHG) emissions; resultant enhanced operational efficiency, and supportive government policies. However, lack of consumer awareness regarding smart meters, combined with their resistance to change, the increased costs, and lack of interoperability hinder the growth of the market. In 2010, electric meters dominated the smart meter market, followed by water meters and gas meters. The sector provides ample opportunities for companies in emerging regions.

In spite of the positives, some concerns about health and data privacy have been raised. According to recent research, installing smart meter at such a large scale can pose serious threat to human health, the basic issue of concern being spectrum radiations emitted by these smart meters. As per the FCC standards, smart meter antennas should be at a minimum distance of 20 cm from the vicinity of people and also no two antennas should be located in the same place. Moreover, customers are concerned that their private information such as the time of their presence at home or daily routine activities can be easily tracked by a third party and used without their knowledge, hence, to address this issue, regulators have put forward certain regulations for smart meters. The report identifies Landis+Gyr Ltd, Itron Inc, Echelon Corporation, Elster Group, Vattenfall AB, and EDMI Ltd. as the main players in the major market for smart meters, viz. electric meters.

This market research report segments the smart meters market into various types of products and applications. The smart meters market is divided based on type into electrical, water, gas, and others include heat and liquid meters. The smart meters applications are divided into residential, commercial, and industrial. The major geographic markets covered in this report are: North America, Europe, Asia-Pacific, and Rest of the World (ROW).

Scope of the report

This research report categorizes the global market for smart meters market on the basis of product types, applications and geography; forecasting revenues, and analyzing trends in each of the following submarkets:

On the basis of product type

• Smart electric meter
• Smart water meter
• Smart gas meter
• Others (smart heat meter, smart liquid meter, etc.)

On the basis of application

• Residential
• Commercial
• Industrial

On basis of geography

• North America
• Europe
• Asia
• ROW

TABLE OF CONTENTS
  
1 INTRODUCTION
  1.1 KEY TAKE-AWAYS
  1.2 REPORT DESCRIPTION
  1.3 MARKETS COVERED
  1.4 STAKEHOLDERS
  1.5 KEY QUESTIONS ANSWERED
  1.6 RESEARCH METHODOLOGY
      1.6.1 MARKET SIZE
      1.6.2 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES
      1.6.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
      1.6.4 ASSUMPTIONS MADE FOR THIS REPORT
      1.6.5 SOME OF COMPANIES COVERED DURING PRIMARY RESEARCH
 
2 EXECUTIVE SUMMARY
 
3 MARKET OVERVIEW
  3.1 DEFINING THE GLOBAL SMART METER MARKET
  3.2 BURNING ISSUES
      3.2.1 SHORTAGE OF COMPONENTS
      3.2.2 TECHNOLOGY & COMPONENT FAILURE OF SMART METERS
 3.3 WINNING IMPERATIVES
      3.3.1 NEW PRODUCT & TECHNOLOGY DEVELOPMENT
      3.3.2 COLLABORATIONS BETWEEN SUPPLIERS & GOVERNMENT UTILITY UNITS
 3.4 MARKET DYNAMICS
      3.4.1 DRIVERS
            3.4.1.1 Reduce carbon emissions
            3.4.1.2 Enhanced operational efficiency
            3.4.1.3 Effective government policies for smart grids
      3.4.2 RESTRAINTS
            3.4.2.1 Lack of consumer awareness on smart meters
            3.4.2.2 Consumer resistance
            3.4.2.3 Cost bearing dilemma
            3.4.2.4 Lack of interoperability
      3.4.3 OPPORTUNITIES
            3.4.3.1 Emerging economies
            3.4.3.2 Smart grid operators turning to smart electric meters for demand side management
      3.4.4 PROS & CONS - SMART METERS
  3.5 GLOBAL SMART METERS MARKET - OVERVIEW
      3.5.1 MARKET SHARE ANALYSIS
      3.5.2 CURRENT & FUTURE SCENARIO OF SMART METERS MARKET (2010 – 2016)
      3.5.3 APPLICATIONS
  3.6 ANALYSIS OF PORTER’S FIVE FORCES
      3.6.1 DEGREE OF COMPETITION
      3.6.2 ENTRY BARRIERS
      3.6.3 THREAT FROM SUBSTITUTES
      3.6.4 THREAT FROM SUPPLIERS
      3.6.5 THREAT FROM BUYERS
  3.7 SMART METERS – VALUE CHAIN
  3.8 SMART METERS – COST BENEFIT ANALYSIS
  3.9 SMART METERS – POLICIES & REGULATIONS FOR SUPPLIERS
      3.9.1 HEALTH & SAFETY ISSUES
      3.9.2 DATA PRIVACY ISSUES
  3.1 NEW SMART METERS INSTALLATIONS IN NEXT 2-5 YEARS
  3.11 ROLE OF SMART METERS IN ADVANCE METERING INFRASTRUCTURE (AMI) MARKET
   
4 GLOBAL SMART METERS MARKET, BY PRODUCT TYPES
  4.1 SMART ELECTRIC METERS (SEM)
      4.1.1 OVERVIEW
            4.1.1.1 Market share analysis of global SEM
      4.1.2 GLOBAL SEMS MARKET, BY GEOGRAPHY
            4.1.2.1 North America
            4.1.2.2 Europe
            4.1.2.3 APAC
            4.1.2.4 ROW
  4.2 SMART WATER METERS
      4.2.1 OVERVIEW
            4.2.1.1 Market share analysis of global SWM
      4.2.2 SWMS MARKET, BY GEOGRAPHY
            4.2.2.1 North America
            4.2.2.2 Europe
            4.2.2.3 APAC
      4.2.2.4 ROW
  4.3 SMART GAS METERS
      4.3.1 OVERVIEW
            4.3.1.1 Market share analysis of global SGM
      4.3.2 SGMS MARKET BY GEOGRAPHY
            4.3.2.1 North America
            4.3.2.2 Europe
            4.3.2.3 APAC
            4.3.2.4 ROW
  4.4 OTHERS
      4.4.1 OVERVIEW
      4.4.2 SOMS MARKET BY GEOGRAPHY
            4.4.2.1 North America
            4.4.2.2 Europe
            4.4.2.3 APAC
            4.4.2.4 ROW
 
5 GLOBAL SMART METERS MARKET, BY APPLICATIONS
      5.1.1 RESIDENTIAL
      5.1.2 COMMERCIAL
      5.1.3 INDUSTRIAL
  5.2 SMART METERS APPLICATIONS MARKET, BY GEOGRAPHY
      5.2.1 NORTH AMERICA
      5.2.2 EUROPE
      5.2.3 ASIA-PACIFIC
      5.2.4 ROW
 
6 GLOBAL SMART METERS MARKET ANALYSIS, BY GEOGRAPHY
  6.1 NORTH AMERICA
  6.2 EUROPE
  6.3 ASIA-PACIFIC
  6.4 ROW
 
7 COMPETITIVE LANDSCAPE
 
8 COMPANY PROFILES
  8.1 AIDON SUOMI
      8.1.1 OVERVIEW
      8.1.2 FINANCIALS
      8.1.3 PRODUCTS &SERVICES
      8.1.4 STRATEGY
  8.2 BADGER METER INC
      8.2.1 OVERVIEW
      8.2.2 FINANCIALS
      8.2.3 PRODUCTS & SERVICES
      8.2.4 STRATEGY
  8.3 CIRCUTOR SA
      8.3.1 OVERVIEW
      8.3.2 FINANCIALS
      8.3.3 PRODUCTS & SERVICES
      8.3.4 STRATEGY
  8.4 HYDROMETER GMBH
      8.4.1 OVERVIEW
      8.4.2 FINANCIALS
      8.4.3 PRODUCTS & SERVICES
      8.4.4 STRATEGY
  8.5 ECHELON CORP
      8.5.1 OVERVIEW
      8.5.2 FINANCIALS
      8.5.3 PRODUCTS & SERVICES
      8.5.4 STRATEGY
      8.5.5 DEVELOPMENTS
  8.6 EDMI LTD
      8.6.1 OVERVIEW
      8.6.2 FINANCIALS
      8.6.3 PRODUCTS & SERVICES
      8.6.4 STRATEGY
  8.7 ELSTER GROUP SE
      8.7.1 OVERVIEW
      8.7.2 FINANCIALS
      8.7.3 PRODUCTS & SERVICES
      8.7.4 STRATEGY
      8.7.5 DEVELOPMENTS
  8.8 ESCO TECHNOLOGIES INC
      8.8.1 OVERVIEW
      8.8.2 FINANCIALS
      8.8.3 PRODUCTS & SERVICES
      8.8.4 STRATEGY
      8.8.5 DEVELOPMENTS
  8.9 GE ENERGY
      8.9.1 OVERVIEW
      8.9.2 FINANCIALS
      8.9.3 PRODUCTS & SERVICES
      8.9.4 STRATEGY
      8.9.5 DEVELOPMENTS
  8.10 THE HAGER GROUP
      8.10.1 OVERVIEW
      8.10.2 FINANCIALS
      8.10.3 PRODUCTS & SERVICES
      8.10.4 STRATEGY
      8.10.5 DEVELOPMENTS
  8.11 HOLLEY METERING LTD
      8.11.1 OVERVIEW
      8.11.2 FINANCIALS
      8.11.3 PRODUCTS & SERVICES
      8.11.4 STRATEGY
      8.11.5 DEVELOPMENTS
  8.12 ICSA INDIA LTD
      8.12.1 OVERVIEW
      8.12.2 FINANCIALS
      8.12.3 PRODUCTS & SERVICES
      8.12.4 STRATEGY
      8.12.5 DEVELOPMENTS
  8.13 ISKRAEMECO
      8.13.1 OVERVIEW
      8.13.2 FINANCIALS
      8.13.3 PRODUCTS & SERVICES
      8.13.4 STRATEGY
      8.13.5 DEVELOPMENTS
  8.14 ITRON INC
      8.14.1 OVERVIEW
      8.14.2 FINANCIALS
      8.14.3 PRODUCTS & SERVICES
      8.14.4 STRATEGY
      8.14.5 DEVELOPMENTS
  8.15 JIANGXI SANCHUAN WATER METER CO LTD
      8.15.1 OVERVIEW
      8.15.2 FINANCIALS
      8.15.3 PRODUCTS & SERVICES
      8.15.4 STRATEGY
      8.15.5 DEVELOPMENTS
  8.16 KAMSTRUP A/S
      8.16.1 OVERVIEW
      8.16.2 FINANCIALS
      8.16.3 PRODUCTS & SERVICES
      8.16.4 STRATEGY
      8.16.5 DEVELOPMENTS
  8.17 LANDIS+GYR LTD
      8.17.1 OVERVIEW
      8.17.2 FINANCIALS
      8.17.3 PRODUCTS & SERVICES
      8.17.4 STRATEGY
      8.17.5 DEVELOPMENTS
  8.18 NEPTUNE TECHNOLOGY GROUP INC
      8.18.1 OVERVIEW
      8.18.2 FINANCIALS
      8.18.3 PRODUCTS & SERVICES
      8.18.4 STRATEGY
      8.18.5 DEVELOPMENTS
  8.19 SAGEMCOM SAS
      8.19.1 OVERVIEW
      8.19.2 FINANCIALS
      8.19.3 PRODUCTS & SERVICES
      8.19.4 STRATEGY
      8.19.5 DEVELOPMENTS
  8.20 SECURE METERS LTD
      8.20.1 OVERVIEW
      8.20.2 FINANCIALS
      8.20.3 PRODUCTS & SERVICES
      8.20.4 STRATEGY
      8.20.5 DEVELOPMENTS
  8.21 SENSUS USA INC
      8.21.1 OVERVIEW
      8.21.2 FINANCIALS
      8.21.3 PRODUCTS & SERVICES
      8.21.4 STRATEGY
      8.21.5 DEVELOPMENTS
  8.22 SENTEC LTD
      8.22.1 OVERVIEW
      8.22.2 FINANCIALS
      8.22.3 PRODUCTS & SERVICES
      8.22.4 STRATEGY
      8.22.5 DEVELOPMENTS
  8.23 SHENZHEN KAIFA TECHNOLOGY CO LTD
      8.23.1 OVERVIEW
      8.23.2 FINANCIALS
      8.23.3 PRODUCTS & SERVICES
      8.23.4 STRATEGY
      8.23.5 DEVELOPMENTS
  8.24 HORSTMANN CONTROLS LTD
      8.24.1 OVERVIEW
      8.24.2 FINANCIALS
      8.24.3 PRODUCTS & SERVICES
      8.24.4 STRATEGY 
  
LIST OF TABLES 
  
1 GLOBAL SMART METER INSTALLTIONS, BY TYPES, 2009 – 2016 (THOUSAND UNITS)
2 TOTAL SMART METER INSTALLED, BY TYPES, 2010 (THOUSAND UNITS)
3 TECHNICAL DEVELOPMENTS
4 JOINT COLLABORATIONS IN SMART METERS MARKET
5 GOVERNMENT POLICIES & INITIATIVES FOR SMART METERS
6 SMART METERS – PROS & CONS
7 GLOBAL SMART METERS INSTALLATIONS, 2009 – 2016 (THOUSAND UNITS) 
8 MAJOR PLAYERS IN GLOBAL SMART METERS MARKET 2010 (THOUSAND UNITS)
9 SMART METERS INSTALLTIONS, BY GEOGRAPHY, 2010 VS 2016 (THOUSAND UNITS)
10 SMART METERS MARKET REVENUES, BY APPLICATIONS, 2010 ($MILLION) 
11 FUTURE PROJECTS
12 SMART ELECTRIC METERS INSTALLTIONS, BY GEOGRAPHY, 2009 – 2016 (THOUSAND UNITS) 
13 SMART METERS MARKET REVENUES, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
14 NORTH AMERICA: SEM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
15 NORTH AMERICA: SEM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION) 
16 EUROPE: SEM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
17 EUROPE: SEM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
18 APAC: SEM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
19 APAC: SEM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
20 ROW: SEMS INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (IN THOUSAND UNITS) 
21 ROW: SEM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
22 SMART WATER METERS INSTALLATIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
23 SMART WATER MARKET REVENUES, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
24 NORTH AMERICA: SWM MARKET INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
25 NORTH AMERICA: SWM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION) 
26 EUROPE: SWM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
27 EUROPE: SWM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
28 APAC: SWM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
29 APAC: SWM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
30 ROW: SWM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
31 ROW: SWM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
32 SMART GAS METERS INSTALLTIONS, BY GEOGRAPHY, 2009 – 2016 (THOUSAND UNITS)
33 SMART GAS METERS MARKET REVENUES, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
34 NORTH AMERICA: SGM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
35 NORTH AMERICA: SGM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION) 
36 EUROPE: SGM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
37 EUROPE: SGM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
38 APAC: SGM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
39 APAC: SGM MARKET REVENUES, BY COUNTRIES,  2009 – 2016 ($MILLION)
40 ROW: SGM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (IN THOUSAND UNITS) 
41 ROW: SGM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
42 SMART METERS OTHER INSTALLTIONS, BY GEOGRAPHY, 2009 – 2016 (THOUSAND UNITS)
43 SMART METERS MARKET REVENUES, BY GEPGRAPHY, 2009 – 2016 ($MILLION)
44 NORTH AMERICA: SOM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
45 NORTH AMERICA: SOM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION) 
46 EUROPE: SOM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
47 EUROPE: SOM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
48 APAC: SOM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
49 APAC: SOM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
50 ROW: SOM INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS) 
51   ROW: SOM MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
52 GLOBAL SMART METERS INSTALLTIONS, BY APPLICATIONS, 2009 – 2016 (THOUSAND UNITS) 
53 GLOBAL SMART METERS MARKET REVENUES, BY APPLICATIONS 2009 – 2016 ($MILLION) 
54 NORTH AMERICA: SMART METERS INSTALLTIONS, BY APPLICATIONS, 2009 – 2016 (THOUSAND UNITS)
55 NORTH AMERICA: SMART METERS MARKET REVENUES, BY APPLICATIONS, 2009 – 2016 ($MILLION) 
56 EUROPE: SMART METERS INSTALLTIONS, BY APPLICATIONS, 2009 – 2016 (THOUSAND UNITS) 
57 EUROPE: SMART METERS MARKET REVENUES, BY APPLICATIONS, 2009 – 2016 ($MILLION) 
58 ASIA-PACIFIC: SMART METERS INSTALLTIONS, BY APPLICATIONS, 2009 – 2016 (THOUSAND UNITS)
59 ASIA-PACIFIC: SMART METERS MARKET REVENUES, BY APPLICATIONS, 2009 – 2016 ($MILLION)
60 ROW: SMART METERS INSTALLTIONS, BY APPLICATIONS, 2009 – 2016 (THOUSAND UNITS)
61 ROW: SMART METERS MARKET REVENUES, BY APPLICATIONS, 2009 – 2016 ($MILLION) 
62 SMART METERS INSTALLTIONS, BY GEOGRAPHY, 2009 – 2016 (THOUSAND UNITS)
63 SMART METERS MARKET REVENUES, BY GEOGRAPHY, 2009 – 2016 ($MILLION)
64 NORTH AMERICA: SMART METERS INSTALLTIONS, BY TYPES, 2009 – 2016 (INSTALLATION UNITS) 
65 NORTH AMERICA: SMART METERS MARKET REVENUES, BY TYPES, 2009 – 2016 ($MILLION) 
66 NORTH AMERICA: SMART METERS INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
67 NORTH AMERICA: SMART METERS MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
68 EUROPE: SMART METERS INSTALLTIONS, BY TYPES, 2009 – 2016 (THOUSAND UNITS)
69 EUROPE: SMART METERS MARKET REVENUES, BY TYPES, 2009 – 2016 ($MILLION)
70 EUROPE: SMART METERS INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNITS)
71 EUROPE: SMART METERS MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION) 
72 ASIA-PACIFIC: SMART METERS INSTALLTIONS, BY TYPES, 2009 – 2016 (THOUSAND UNITS)
73 ASIA-PACIFIC: SMART METERS MARKET REVENUES, BY TYPES, 2009 – 2016 ($MILLION) 
74 ASIA-PACIFIC: SMART METERS INSTALLTIONS, BY COUNTRIES, 2009 – 2016 (THOUSAND UNTIS) 
75 ASIA-PACIFIC: SMART METERS MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION)
76 ROW: SMART METERS INSTALLTIONS, BY TYPES, 2009 – 2016 (THOUSAND UNITS)
77 ROW: SMART METERS MARKET REVENUES, BY TYPES, 2009 - 2016 ($MILLION)
78 ROW: SMART METERS INSTALLTIONS, BY COUNTRIES, 2009 - 2016 (THOUSAND UNITS)
79 ROW: SMART METERS MARKET REVENUES, BY COUNTRIES, 2009 – 2016 ($MILLION) 
80 MERGERS & ACQUISITIONS
81 NEW PRODUCT LAUNCHES
82 AGREEMENTS & COLLABORATIONS
83 PRODUCTION & GEOGRAPHIC EXPANSIONS
84 R&D, APPROVALS, & OTHERS
  
LIST OF FIGURES 
   
1 DEFINING THE GLOBAL SMART METERS MARKETS 
2 GLOBAL SMART METERS MARKET (2010) 
3 GLOBAL SMART METERS INSTALLED VS STANDARD/AMR METERS (2010 – 2016) 
4 GLOBAL SMART METERS INSTALLATIONS 2009 – 2016 (THOUSAND UNITS) 
5 GLOBAL SMART METERS MARKET, BY REVENUE 2009 – 2016 ($MILLION) 
6 MARKET SHARE OF KEY PLAYERS IN GLOBAL SMART METER MARKET (2010) 
7 SMART METERS MARKET SHARE, BY GEOGRAPHY (2010 VS 2016) 
8 GLOBAL SMART METERS MARKET SHARE, BY APPLICATIONS (2010) 
9 PORTER’S FIVE FORCE MODEL FOR SMART METERS MARKET 
10 VALUE CHAIN SNAPSHOT OF SMART METERS 
11 SMART METERS COST BREAKDOWN 
12 SNAPSHOT - ADVANCE METERING INFRASTRUCTURE 
13 GLOBAL ADVANCE METERING INFRASTRUCTURE PROJECTS (2010 – 2016)
14 TYPES OF SMART METERS 
15 TOTAL SMART ELECTRIC METERS INSTALLED GLOBALLY, 2009 – 2016 (THOUSAND UNITS) 
16 MARKET SHARE ANALYSIS OF GLOBAL SEM MARKET (2010) 
17 SEM MARKET, BY GEOGRAPHY (2010 VS 2016) 
18 TOTAL SMART WATER METERS INSTALLED GLOBALLY, 2009 – 2016 (THOUSAND UNITS) 
19 MARKET SHARE ANALYSIS OF GLOBAL SWM MARKET (2010) 
20 SWE MARKET, BY GEOGRAPHY (2010 VS 2016) 
21 TOTAL SMART GAS METERS INSTALLATIONS, 2009 – 2016 (THOUSAND UNITS) 
22 MARKET SHARE ANALYSIS OF GLOBAL SWM MARKET (2010) 
23 SGM MARKET, BY GEOGRAPHY (2010 VS 2016) 
24 TOTAL SMART OTHER METER INSTALLATIONS, 2009 – 2016 (THOUSAND UNITS) 
25 SMART OTHER METERS MARKET, BY GEOGRAPHY (2010 VS 2016) 
26 SMART METERS APPLICATIONS 
27 SMART METERS INSTALLTIONS IN RESIDENTIAL MARKET, BY GEOGRAPHY (2010 VS 2016) 
28 SMART METERS INSTALLTIONS IN COMMERICIAL MARKET, BY GEOGRAPHY (2010 VS 2016) 
29 SMART METERS INSTALLTIONS IN INDUSTRIAL MARKET, BY GEOGRAPHY (2010 VS 2016)
30 EUROPE: SMART METERS MARKET, BY COUNTRIES, 2009 VS 2016 (%) 
31 ASIA-PACIFIC: SMART METERS MARKET, BY COUNTRIES, 2009 VS 2016 (%) 
32 COMPETITIVE LANDSCAPE (FEBRUARY 2008 – APRIL 2011)

Smart Meter (Electric, Water, Gas, AMI) Market by Shipments, Types, Geography, Applications, Regulations Market Trends & Global Forecasts: (2011-2016)

Smart meter is termed as an electronic measuring instrument facilitating two-way communication between customers and utility players. It records the detailed data, collects and stores interval data, and interfaces with other devices such as in-home displays, smart thermostats and appliances, home area networks, advanced control systems, and more.

Within the smart grid technology market, the market for smart meters is amongst the fastest growing one. For consumers, there are various benefits of using smart meters. Customers such as households can monitor their consumption of energy, gas, water, and other services from remote locations.

The global smart meters market is expected to grow from 46,328.0 thousand units in 2011 to 128,900.0 thousand units in 2016 at a CAGR of 22.7% from 2011 to 2016. North America currently accounts for the highest number of units in the global smart meter market with 36,013.0 thousand units. This is expected to reach 98,080.5 thousand units in 2016, at a CAGR of 22.2% from 2011 to 2016. Globally, the worth of the smart meter market is expected to grow from $5,932.8 million in 2010 to $15,261.4 million in 2016 at a CAGR of 20.8%. High demand for smart meters is expected from the countries of North America and Europe, including the U.S., Canada, France, and Spain due to a rise in the demand for energy and rising investment in smart grids.

Smart meter applications market includes residential, commercial, and industrial. In 2010, residential and commercial captured 94.5% share of the global smart meters market. The detailed breakdown is illustrated in the figure below:

Global Smart Meter Market by Application, 2010


Source: MarketsandMarkets

Some of the key market players in the global smart meter market based on their market presence and analysis are Landis+Gyr Ltd (Switzerland), Itron Inc (U.S.), Elster Group (Germany), GE Energy Company (U.S.), and Sensus USA Inc (U.S.).