Smart Meters Market by Type (Electric, Gas, Water), Communication Type (RF, PLC, Cellular), Component (Hardware, Software), Technology (AMR, AMI), End user (Residential, Commercial, Industrial), and Region - Global Forecast to 2026
[310 Pages Report] The Smart meters market is expected to grow from an estimated USD 19.6 billion in 2021 to USD 30.2 billion by 2026, at a CAGR of 9.0% during the forecast period. Smart Meters is increasingly being installed and is showing robust growth.
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Impact of COVID-19 on smart meters market
COVID-19 has slowed the growth of the smart meters, as countries were forced to implement lockdowns during the first half of 2020. Strict guidelines were issued by governments and local authorities, and all non-essential operations were halted. This adversely affected the smart meters owing to less focus on development of end user’s industry.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the smart meters.
Smart Meters market Dynamics
Driver: Supportive government policies and financial incentives for digitalization of grids
The market for smart meters is primarily driven by government mandates and incentives for smart meter installation. According to the US International Trade Commission, utilities are reluctant to invest in smart meter technology without a government mandate or incentives. This is mainly due to the limited capital expenditure capability of utilities. In addition, utilities may not be aware of the benefits of smart meter installation for several years, making the investment less attractive in the absence of government incentives. Therefore, for the effective implementation of smart meters and smart grids, governments across the world have enacted several supportive policies and mandates.
The net-zero goals and an ambitious plan for renewables, from energy utilities’ and impressive expansion plans are expected to trigger investments. According to the International Energy Agency (IEA), global investments in building or improving the digital grid infrastructure are increasing, and smart meters are part of this infrastructure, which is likely to boost market growth.
Restraints: High set up and operational costs for utility suppliers to switch from traditional to smart meters
The initial investment involved in setting up smart meter infrastructure is very high compared with traditional meters, and it takes a longer time to achieve high returns on investments. Consequently, utility providers have a tough time reaching breakeven. The requirement for huge capital also poses a big challenge to both energy consumers and utility providers. The entire project depends on the utility planning to undertake the rollout and, hence, funding is a serious challenge. Interoperability issues in smart metering devices and components from different OEMs, requirement to integrate and upgrade software solutions for better output, complexity in maintenance and repair of smart meters also increase the operational expenditure.
Opportunities: Focus of governments worldwide on reducing aggregate technical and commercial losses and adoption of electric and hybrid vehicles by consumers
To reduce the aggregate technical and commercial (AT&C) losses in their power grids, countries worldwide are focused on reducing their carbon emissions and adopting alternative fuels owing to the volatility in fossil fuel prices. AT&C losses are caused by technical and commercial reasons. Technical losses can be prevented by improving the grid infrastructure and cannot be reduced beyond a certain percentage. Commercial losses, on the other hand, can be reduced through proper data management and efficient billing. Smart meters monitor the usage and load surges and provide improved billing efficiency. They are also tamper-proof. Industries are deploying smart grid meters to meet the regulations and mandates imposed by legislative bodies.
Electric vehicles are in demand across developed countries, especially in the US. General Motors Company is making Chevrolet Volt, a plug-in hybrid vehicle. Ford Motor Company is developing the Ford Electric Focus. Nissan Motors is manufacturing the Leaf. All such big companies are shifting their focus on manufacturing electric and hybrid vehicles. Also, many start-up companies such as OLA Electric and Ather Energy are producing specialty plug-in electric vehicles (PEVs).
Challenges: Maintenance, security, and integrity of smart meters and associated data, along with requirement of skilled professionals
Smart meter designs are increasingly becoming more complex, making them complicated to install and maintain. Due to this complexity, even to resolve minor issues, highly trained personnel are required. Also, sometimes, smart meters are sent to service centers for maintenance and repair.
Smart meters empower utility providers with a vast network of electronic devices and large volumes of consumer data. As the smart meter collects and transmits large volumes of data to utility providers, system integrators, and service providers, protecting this data from antisocial elements becomes imperative. Smart meters are an integral part of any smart grid operations, and their physical security is also a major concern to solution providers. Cybersecurity in smart grid systems is becoming a major concern throughout the grid communication networks and software platforms that operate and manage the entire grid. Connected smart meters bring the risk of cyber threats as hackers, attackers, terrorists, and dissatisfied customers could gain access to critical information, posing a danger to society and business.
Market Trend
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By Type, Electric smart meters segment is the largest contributor in the smart meters market in 2020.
The Electric smart meters segment accounted for the largest share of the smart meters market, by offering, in 2020. Electric smart meters segment is projected to account for a larger market share, driven by the government initiatives toward smart electric meters rollout at every household to cut their energy consumption by accurately monitoring it, growing demand for cutting the carbon emission worldwide. Smart electric meters also help to maintain the grid stability with the surge in electric vehicle charging and the integration of renewable energy into the grid.
By Technology, the AMI segment is the largest contributor in the smart meters market in 2020.
The AMI segment accounted for the largest share of the smart meters market, by technology, in 2020. AMI enables the gathering and transfer of energy and utility usage information in near real-time. Smart meters using AMI technology are the backbone of smart grid projects, and the increasing spending on smart grid projects acts as a key driver for the AMI smart meter market. Smart meters based on AMI technology comprise various hardware and software components, all of which play a role in measuring energy consumption and transmitting information about energy, water, and gas usage to utility companies and customers. The key advantages of AMI technology include improved accuracy of meter readings, utility theft detection, and faster response to power outages. AMI technology brings financial gains to utility, water, and gas companies by reducing equipment and maintenance costs, enabling faster restoration of services during outages.
By End user, the Residential segment is the largest contributor in the smart meters market in 2020.
The residential segment accounted for the largest share of the smart meters market, by end user, in 2020. The demand for smart meters from the residential sector is driven by the growing power consumption due to the increased use of home appliances such as air conditioners, televisions, lighting, refrigerators, ceiling fans, cloth washers, dishwashers, personal computers, and heating and air-conditioning equipment at residential buildings. Utilities need to address the dynamic demand for power from the operations of this equipment and they are investing in smart meters to enhance grid resiliency and operations. Furthermore, smart meters help in integrating distributed energy resources (DERs), energy storage technologies, and EV charging facilities in the residential sector.
By Communication Type, the Cellular segment is the largest contributor in the smart meters market in 2020
The cellular segment accounted for the largest share of the smart meters market, by communication type, in 2020. Smart meters use cellular-based communication technology such as GPRS or 3G/4G network for operations. The technology has advantages such as quick service, low investment cost, and good performance. This is best fit in regions where PLC or RF mesh solutions are either inaccessible or too expensive. As this wireless network has expanded to several small towns and villages across the world, the technology can be widely used for remote area smart meter operations. Several countries in Europe and North America have used 3G and 4G technology in smart metering projects. The key advantage of using cellular technology is that the utilities are relieved from the maintenance of the communication network. Additionally, cellular technology provides data at a faster speed and is very beneficial in several cities and regions where competition between telecom service providers ensures reduced cost along with good network reach.
By Component, the Hardware segment is the largest contributor in the smart meters market in 2020.
The hardware segment accounted for the largest share of the smart meters market, by component, in 2020. Smart meter hardware includes power sources, microcontroller units, and communication modules. Power sources play a crucial role in the continuous operation of smart meters. The power source hardware component needs to be attached to an internal battery or power from electricity lines for operations. A microcontroller unit is used for providing precise measurements of utility consumption. This also includes devices that provide various functions of smart meters, such as real-time clock, display features, and metering modules. The microcontroller units are also responsible for integrating the advanced smart utility functions such as load demand response, tariff management, and communication. Manufacturers are increasingly aiming to design hardware components with a high level of system integration and simplified design to keep the smart meters compact and cost-efficient.
The Asia Pacific has a strong demand for smart meters market which is further growing due to government mandates and higher investment towards digitization of grids to manage huge electricity demand
The Asia Pacific is expected to dominate the smart meters market during the forecast period due to governments mandates for digitization of grid networks, utilities monitoring real-time analysis for grid and consumers usage. The region has been segmented into China, Japan, Australia, India, and the Rest of Asia Pacific. The Asia Pacific is the most populated region in the world and consequently witnesses a high electricity demand. China, Japan, and India are investing in grid expansion projects to increase distribution grid reliability. The region is expected to invest about USD 9.8 billion in developing its smart grid infrastructure between 2018 and 2027. The increase in smart grid investments, demand for power quality, energy efficiency targets, and reliability of the power system are the prominent factors for the growth of the smart electric metering market in the region. The UN’s 2030 Agenda for Sustainable Development involves the mission to provide access to safe drinking water and sanitation rights. The Asian countries are already investing to achieve the goals. The demand for smart water and smart gas meters in the region is expected to increase with smart city programs in China, Japan, and Australia.
Key Market Players
The leading players in the smart meters market include Itron (US), Landis+Gyr (Switzerland), Siemens (Germany), Osaki Elctric Co. (EDMI) (Singapore), Sensus (Xylem) (US), and Badger Meter (US)
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|
Report Metric |
Details |
|
Market Size available for years |
2019–2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021–2026 |
|
Forecast units |
Value (USD) |
|
Segments covered |
By Type, By Communication type, By Component, By Technology, By End-User, and By Region |
|
Geographies covered |
Asia Pacific, North America, Middle East & Africa, South America, and Europe |
|
Companies covered |
Schneider Electric (France), Landis+Gyr (Switzerland), Itron (US), Siemens (Germany), Wasion Group (China), Badger Meter (US), and Sensus (Xylem) (US). |
This research report categorizes the smart meters market based by type, component, technology, Communication, end user and region.
Based on type, the smart meters market has been segmented as follows:
- Electric
- Gas
- Water
Based on Component, the smart meters market has been segmented as follows:
- Hardware
- Software
Based on Technology, the smart meters market has been segmented as follows:
- AMI
- AMR
Based on Communication, the smart meters market has been segmented as follows:
- RF
- PLC
- Cellular
Based on End user, the smart meters market has been segmented as follows:
- Residential
- Commercial
- Industrial
Based on the region, the smart meters market has been segmented as follows:
- North America
- Asia Pacific
- Europe
- South America
- Middle East & Africa
Recent Developments
- In November 2021, Itron, Inc. (NASDAQ: ITRI), which provides innovative ways utilities and cities manage energy and water, announced the launch of Itron Smart Pay for utilities and cities in North America.
- In March 2021, Itron, Inc. (NASDAQ: ITRI) (the "Company"), which is innovating the way utilities and cities manage energy and water, today announced that it had commenced an underwritten public offering, subject to market and other conditions, of $350 million of shares of common stock of the company.
- In January 2020, Landis+Gyr introduced Revelo electric meters with advanced grid sensing technology.
- In January 2020, In a bid to further consumer safety and sustainable growth, BSES Yamuna Power Limited (BYPL) and Schneider Electric, a global leader in the digital transformation of energy management and automation, have signed a far-reaching Memorandum of Understanding (MoU).
- In January 2019, Landis+Gyr acquired a 3% equity interest in Sense Labs, Inc. (“Sense”), in exchange for USD 2 million in cash. Sense develops and provides electronic devices for analyzing electricity usage in households in the USA, as well as related application software.
Frequently Asked Questions (FAQs):
What is the current size of the smart meters market?
The current market size of global smart meters market is estimated to be USD 19.6 billion in 2021.
What are the major drivers for smart meters market?
The market for smart meters is primarily driven by government mandates and incentives for smart meter installation. According to the US International Trade Commission, utilities are reluctant to invest in smart meter technology without a government mandate or incentives. This is mainly due to the limited capital expenditure capability of utilities. In addition, utilities may not be aware of the benefits of smart meter installation for several years, making the investment less attractive in the absence of government incentives. Therefore, for the effective implementation of smart meters and smart grids, governments across the world have enacted several supportive policies and mandates.
Which is the fastest-growing region during the forecasted period in smart meters market?
The Asia Pacific is expected to dominate the smart meters market during the forecast period due to governments mandates for digitization of grid networks, utilities monitoring real-time analysis for grid and consumers usage. The region has been segmented into China, Japan, Australia, India, and the Rest of Asia Pacific. The Asia Pacific is the most populated region in the world and consequently witnesses a high electricity demand. China, Japan, and India are investing in grid expansion projects to increase distribution grid reliability. The region is expected to invest about USD 9.8 billion in developing its smart grid infrastructure between 2018 and 2027. The increase in smart grid investments, demand for power quality, energy efficiency targets, and reliability of the power system are the prominent factors for the growth of the smart electric metering market in the region.
Which is the fastest-growing segment, by end user during the forecasted period in smart meters market?
The residential segment is to be the fastest-growing segment by end user. The demand for smart meters from the residential sector is driven by the growing power consumption due to the increased use of home appliances such as air conditioners, televisions, lighting, refrigerators, ceiling fans, cloth washers, dishwashers, personal computers, and heating and air-conditioning equipment at residential buildings. Utilities need to address the dynamic demand for power from the operations of this equipment and they are investing in smart meters to enhance grid resiliency and operations. Furthermore, smart meters help in integrating distributed energy resources (DERs), energy storage technologies, and EV charging facilities in the residential sector. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 38)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.3 INCLUSIONS AND EXCLUSIONS
1.3.1 SMART METERS MARKET, BY TYPE
1.3.2 SMART METERS MARKET, BY COMPONENT
1.3.3 SMART METERS MARKET, BY COMMUNICATION TYPE: INCLUSIONS & EXCLUSIONS
1.3.4 SMART METERS MARKET, BY TECHNOLOGY: INCLUSIONS & EXCLUSIONS
1.3.5 SMART METERS MARKET, BY END USER
1.4 MARKET SCOPE
1.4.1 MARKETS COVERED
1.4.2 REGIONAL SCOPE
1.4.3 YEARS CONSIDERED
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 44)
2.1 RESEARCH DATA
FIGURE 1 SMART METERS MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 2 DATA TRIANGULATION METHODOLOGY
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Key data from primary sources
2.2.2.2 Breakdown of primaries
2.3 IMPACT OF COVID-19 ON INDUSTRY
2.4 SCOPE
FIGURE 3 MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR SMART METERS
2.5 MARKET SIZE ESTIMATION
2.5.1 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.5.2 TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5.3 DEMAND-SIDE ANALYSIS
2.5.3.1 Regional analysis
2.5.3.2 Country analysis
2.5.3.3 Assumptions for demand-side
2.5.3.4 Calculation for demand-side
2.5.4 SUPPLY-SIDE ANALYSIS
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF SMART METERS
FIGURE 7 SMART METERS MARKET: SUPPLY-SIDE ANALYSIS
2.5.4.1 Supply-side calculation
2.5.4.2 Assumptions for supply-side
FIGURE 8 COMPANY REVENUE ANALYSIS, 2020
2.5.5 FORECAST
3 EXECUTIVE SUMMARY (Page No. - 57)
TABLE 1 SNAPSHOT OF SMART METERS MARKET
FIGURE 9 AMI SEGMENT IS EXPECTED TO HOLD LARGER SHARE OF SMART METERS MARKET, BY TECHNOLOGY, IN 2026
FIGURE 10 SMART ELECTRIC METERS ARE EXPECTED TO LEAD SMART METERS MARKET, BY TYPE, IN 2026
FIGURE 11 CELLULAR COMMUNICATION SEGMENT IS EXPECTED TO LEAD SMART METERS MARKET, BY COMMUNICATION TYPE, 2026
FIGURE 12 HARDWARE SEGMENT IS EXPECTED TO HOLD LARGER SIZE OF SMART METERS MARKET, BY COMPONENT, IN 2026
FIGURE 13 RESIDENTIAL SEGMENT IS EXPECTED TO LEAD SMART METERS MARKET, BY END USER, IN 2026
FIGURE 14 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF SMART METERS MARKET IN 2020
4 PREMIUM INSIGHTS (Page No. - 63)
4.1 ATTRACTIVE OPPORTUNITIES IN SMART METERS MARKET
FIGURE 15 STRONG NEED TO MODERNIZE AGING GRID INFRASTRUCTURE TO IMPROVE OPERATIONAL EFFICIENCY TO PROPEL SMART METERS MARKET GROWTH DURING 2021–2026
4.2 SMART METERS MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY
FIGURE 16 CHINA HELD LARGEST SHARE OF SMART METERS MARKET IN ASIA PACIFIC IN 2020
4.3 SMART METERS MARKET, BY TYPE
FIGURE 17 SMART ELECTRIC METERS TO ACCOUNT FOR LARGEST MARKET SHARE IN 2026
4.4 SMART METERS MARKET, BY END USER
FIGURE 18 RESIDENTIAL SEGMENT TO CAPTURE LARGEST SHARE OF SMART METERS MARKET IN 2026
4.5 SMART METERS MARKET, BY TECHNOLOGY
FIGURE 19 AMI TECHNOLOGY TO LEAD SMART METERS MARKET IN 2026
4.6 SMART METERS MARKET, BY COMPONENT
FIGURE 20 HARDWARE COMPONENTS TO HOLD LARGER SHARE OF SMART METERS MARKET IN 2026
4.7 SMART METERS MARKET, BY COMMUNICATION TYPE
FIGURE 21 CELLULAR SEGMENT COMMANDED SMART METERS MARKET IN 2020
4.8 SMART METERS MARKET, BY REGION
FIGURE 22 ASIA PACIFIC TO RECORD HIGHEST CAGR IN SMART METERS MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 68)
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 23 COVID-19 GLOBAL PROPAGATION
FIGURE 24 COVID-19 PROPAGATION IN SELECTED COUNTRIES
FIGURE 25 RECOVERY ROAD FOR 2020 AND 2021
5.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 26 REVISED GDP FOR SELECT G20 COUNTRIES IN 2020
5.4 MARKET DYNAMICS
FIGURE 27 SMART METERS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.4.1 DRIVERS
5.4.1.1 Supportive government policies and financial incentives for digitalization of grids
FIGURE 28 INVESTMENT SHARE PERCENTAGE OF DIGITAL GRID INFRASTRUCTURE IN GLOBAL ELECTRICITY INVESTMENT, 2014–2019
5.4.1.2 Increased need to monitor utility systems in real time
5.4.1.3 Dynamic pricing of utilities
5.4.1.4 Reduced blackouts and failures of utility systems
5.4.1.5 Increased need to monitor energy consumption to achieve carbon neutrality
5.4.2 RESTRAINTS
5.4.2.1 High set up and operational costs for utility suppliers to switch from traditional to smart meters
5.4.2.2 Halted smart grid and smart city projects due to COVID-19 pandemic
FIGURE 29 WORLDWIDE INVESTMENT SPENDING IN ELECTRICITY NETWORKS, 2016–2020
5.4.2.3 Reduced investment toward infrastructure development and low return on investment
5.4.3 OPPORTUNITIES
5.4.3.1 Focus of governments worldwide on reducing aggregate technical and commercial losses
FIGURE 30 GLOBAL INVESTMENTS IN SMART GRID INFRASTRUCTURE, 2014–2019
5.4.3.2 Integration of artificial intelligence (AI) and machine learning (ML) technologies into smart meters
5.4.3.3 Adoption of electric and hybrid vehicles by consumers
FIGURE 31 GLOBAL EV CAR STOCKS, 2016–2020, MILLION UNITS
5.4.4 CHALLENGES
5.4.4.1 Maintenance, security, and integrity of smart meters and associated data, along with requirement of skilled professionals
5.4.4.2 Dependency on reliable connections between smart meters and smart grid devices to achieve highly accurate data
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMART METER PROVIDERS
FIGURE 32 REVENUE SHIFT FOR SMART METERS MARKET
5.6 MARKET MAP
TABLE 2 SMART METERS MARKET: ECOSYSTEM
FIGURE 33 MARKET MAP/ECOSYSTEM
5.7 VALUE/SUPPLY CHAIN ANALYSIS
FIGURE 34 SMART METERS MARKET VALUE CHAIN ANALYSIS
5.7.1 RAW MATERIAL/COMPONENT PROVIDERS
5.7.2 SMART METER MANUFACTURERS
5.7.3 DISTRIBUTORS AND AFTER-SALES SERVICE PROVIDERS
5.7.4 END USERS
5.8 TECHNOLOGY ANALYSIS
5.8.1 SMART METERS MARKET BASED ON DIFFERENT TECHNOLOGIES
5.9 SMART METER: CODES AND REGULATIONS
TABLE 3 SMART METER: CODES AND REGULATIONS
5.10 INNOVATION AND PATENT REGISTRATION
TABLE 4 SMART METER: INNOVATION AND PATENT REGISTRATION
5.11 CASE STUDY ANALYSIS
5.11.1 SMART WATER SYSTEM HELPS MONROE, LOUISIANA, TO IDENTIFY INDIVIDUAL LEAKING HOUSES AFTER WINTER STORMS
5.11.2 PEPCO’S FOCUS ON SAVING OPERATING EXPENSES WITH REMOTE SWITCHING
5.11.3 FOCUS ON TURNING BUDGET DEFICIT UTILITY COMPANY INTO BUDGET PLUS COMPANY WITH SMART METERING
5.11.4 USE OF AMI BY SPANISH HOTEL TO ADVANCE ITS ENERGY EFFICIENCY
5.12 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 SMART METERS MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 35 PORTER’S FIVE FORCES ANALYSIS FOR SMART METERS MARKET
5.12.1 THREAT OF SUBSTITUTES
5.12.2 BARGAINING POWER OF SUPPLIERS
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 THREAT OF NEW ENTRANTS
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
6 SMART METERS MARKET, BY TYPE (Page No. - 90)
6.1 INTRODUCTION
FIGURE 36 SMART METERS MARKET SHARE, BY TYPE, 2020 (%)
TABLE 6 SMART METERS MARKET, BY TYPE, 2019–2026 (MILLION UNITS)
TABLE 7 SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
6.2 SMART ELECTRIC METERS
6.2.1 NEED FOR REDUCING CARBON EMISSIONS AND TO REFORM POWER SECTOR IS DRIVING MARKET GROWTH
TABLE 8 SMART METERS MARKET FOR ELECTRIC METERS, BY REGION, 2019–2026 (USD MILLION)
TABLE 9 SMART METERS MARKET FOR ELECTRIC METERS, BY REGION, 2019–2026 (MILLION UNITS)
6.3 SMART GAS METERS
6.3.1 INCREASE IN NATURAL GAS NETWORKS AND MANDATES TO RETROFIT CONVENTIONAL GAS METERS ARE BOOSTING SMART GAS METER MARKET GROWTH
TABLE 10 SMART METERS MARKET FOR GAS METERS, BY REGION, 2019–2026 (USD MILLION)
TABLE 11 SMART METERS MARKET FOR GAS METERS, BY REGION, 2019–2026 (MILLION UNITS)
6.4 SMART WATER METERS
6.4.1 EFFECTIVE WATER MANAGEMENT AND EXTRA TRANSPARENCY IN BILLINGS ARE ENHANCING SMART WATER METER MARKET GROWTH
TABLE 12 SMART METERS MARKET FOR WATER METERS, BY REGION, 2019–2026 (USD MILLION)
TABLE 13 SMART METERS MARKET FOR WATER METERS, BY REGION, 2019–2026 (MILLION UNITS)
7 SMART METERS MARKET, BY COMMUNICATION (Page No. - 96)
7.1 INTRODUCTION
FIGURE 37 SMART METERS MARKET SHARE, BY COMMUNICATION, 2020 (%)
TABLE 14 SMART METERS MARKET, BY COMMUNICATION, 2019–2026 (USD MILLION)
7.2 RF
7.2.1 NO RUNNING COST FOR SMART METER SYSTEMS IS DRIVING MARKET GROWTH
TABLE 15 RF: SMART METERS MARKET, 2019–2026 (USD MILLION)
7.3 PLC
7.3.1 USE OF EXISTING ELECTRICAL INFRASTRUCTURE AND LONG-DISTANCE OPERATIONS ARE BOOSTING MARKET GROWTH
TABLE 16 PLC: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
7.4 CELLULAR
7.4.1 FASTER DATA TRANSFER RATES AND REDUCED INFRASTRUCTURE COSTS ARE ACCELERATING MARKET GROWTH
TABLE 17 CELLULAR: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
8 SMART METERS MARKET, BY COMPONENT (Page No. - 101)
8.1 INTRODUCTION
FIGURE 38 SMART METERS MARKET SHARE, BY COMPONENT, 2020 (%)
TABLE 18 SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
8.2 HARDWARE
TABLE 19 SMART METERS MARKET FOR HARDWARE, BY REGION, 2019–2026 (USD MILLION)
TABLE 20 SMART METERS COMPONENT MARKET FOR HARDWARE, BY TYPE, 2019–2026 (MILLION UNITS)
8.2.1 POWER SYSTEMS
8.2.1.1 Software and hardware with higher power consumption are driving power systems market
8.2.2 MICROCONTROLLERS
8.2.2.1 Integration of AI or IoT with microcontrollers to become more consumer-friendly driving market growth
8.2.3 COMMUNICATION INTERFACE
8.2.3.1 Integration of AI and connectivity with Smart phones is driving the market
8.3 SOFTWARE
TABLE 21 SMART METERS MARKET FOR SOFTWARE, BY REGION, 2019–2026 (USD MILLION)
TABLE 22 SMART METERS COMPONENT MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (MILLION UNITS)
8.3.1 CUSTOMER INFORMATION SYSTEM
8.3.1.1 Improving communication between consumers and service providing utilities is boosting market
8.3.2 METER DATA MANAGEMENT SYSTEM
8.3.2.1 Vast data management with multiple users and energy or resource demand forecasting are driving market
8.3.3 METERING AND BILLING SOFTWARE
8.3.3.1 Smart payment options using mobile phones and increased billing transparency are propelling market growth
9 SMART METERS MARKET, BY TECHNOLOGY (Page No. - 107)
9.1 INTRODUCTION
FIGURE 39 SMART METERS MARKET SHARE, BY TECHNOLOGY, 2020 (%)
TABLE 23 SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
9.2 AMI
9.2.1 NEED FOR ACCURATE METER READING AND FASTER RESTORATION OF SERVICES IS DRIVING MARKET
TABLE 24 AMI: SMART METERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
9.3 AMR
9.3.1 NEED FOR COST-EFFECTIVE SMART METERS IS BOOSTING MARKET GROWTH
TABLE 25 AMR: SMART METERS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
10 SMART METERS MARKET, BY END USER (Page No. - 111)
10.1 INTRODUCTION
FIGURE 40 SMART METERS MARKET SHARE, BY END USER, 2020 (%)
TABLE 26 SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
10.2 RESIDENTIAL
10.2.1 WITH INCREASED ENERGY-CONSUMING DEVICES IN EVERY HOUSEHOLD, MARKET FOR CONTINUOUS ENERGY MONITORING THROUGH SMART METERS IS GROWING
TABLE 27 RESIDENTIAL: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
10.3 COMMERCIAL
10.3.1 EFFICIENT ELECTRICITY USAGE AND RENEWABLE ENERGY INTEGRATION TO GRID ARE BOOSTING SMART METERS MARKET GROWTH
TABLE 28 COMMERCIAL: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
10.4 INDUSTRIAL
10.4.1 EFFECTIVE ENERGY LOAD MANAGEMENT, FORECASTING, AND REDUCED ENERGY THEFTS ARE DRIVING SMART METER MARKET
TABLE 29 INDUSTRIAL: SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
11 GEOGRAPHIC ANALYSIS (Page No. - 116)
11.1 INTRODUCTION
FIGURE 41 SMART METERS MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
FIGURE 42 SMART METERS MARKET SHARE FOR EACH REGION, 2020 (%)
TABLE 30 SMART METERS MARKET, BY REGION, 2019–2026 (USD MILLION)
TABLE 31 SMART METERS MARKET, BY REGION, 2019–2026 (MILLION UNITS)
11.2 NORTH AMERICA
FIGURE 43 NORTH AMERICA: SNAPSHOT, 2020
11.2.1 BY TYPE
TABLE 32 NORTH AMERICA: SMART METERS MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
11.2.2 BY COMMUNICATION TYPE
TABLE 33 NORTH AMERICA: SMART METERS MARKET SIZE, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
11.2.3 BY COMPONENT
TABLE 34 NORTH AMERICA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 35 NORTH AMERICA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 36 NORTH AMERICA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
11.2.4 BY TECHNOLOGY
TABLE 37 NORTH AMERICA: SMART METERS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
11.2.5 BY END USER
TABLE 38 NORTH AMERICA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.2.6 BY COUNTRY
TABLE 39 NORTH AMERICA: SMART METERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
11.2.6.1 US
11.2.6.1.1 Climate change-influenced policies and investments in smart grid infrastructure are driving market
TABLE 40 US: SMART METERS MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 41 US: SMART METERS MARKET SIZE, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 42 US: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 43 US: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 44 US: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 45 US: SMART METERS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 46 US: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.2.6.2 Canada
11.2.6.2.1 Increasing domestic power consumption and upgrades of electric grid infrastructure to incorporate renewable energy stimulate smart meters market growth in Canada
TABLE 47 CANADA: SMART METERS MARKET SIZE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 48 CANADA: SMART METERS MARKET SIZE, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 49 CANADA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 50 CANADA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 51 CANADA: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 52 CANADA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 53 CANADA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.2.6.3 Mexico
11.2.6.3.1 Massive rollout plans and government support for smart meters accelerate smart meters market growth
TABLE 54 MEXICO: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 55 MEXICO: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 56 MEXICO: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 57 MEXICO: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 58 MEXICO: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 59 MEXICO: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 60 MEXICO: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3 EUROPE
FIGURE 44 EUROPE: MARKET SNAPSHOT, 2020
11.3.1 BY TYPE
TABLE 61 EUROPE: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
11.3.2 BY COMMUNICATION TYPE
TABLE 62 EUROPE: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
11.3.3 BY COMPONENT
TABLE 63 EUROPE: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 64 EUROPE: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 65 EUROPE: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
11.3.4 BY TECHNOLOGY
TABLE 66 EUROPE: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
11.3.5 BY END USER
TABLE 67 EUROPE: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3.6 BY COUNTRY
TABLE 68 EUROPE: SMART METERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
11.3.6.1 UK
11.3.6.1.1 Strong government policies on smart meters and need for grid optimization are main drivers for smart meters market growth
TABLE 69 UK: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 70 UK: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 71 UK: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 72 UK: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 73 UK: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 74 UK: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 75 UK: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3.6.2 Germany
11.3.6.2.1 Reducing cost of smart meters, EU energy policy, and need for energy efficiency are driving smart meter market
TABLE 76 GERMANY: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 77 GERMANY: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 78 GERMANY: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 79 GERMANY: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 80 GERMANY: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 81 GERMANY: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 82 GERMANY: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3.6.3 France
11.3.6.3.1 Strong need for efficient grid operations and EU regulations are propelling market growth
TABLE 83 FRANCE: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 84 FRANCE: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 85 FRANCE: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 86 FRANCE: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 87 FRANCE: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 88 FRANCE: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 89 FRANCE: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3.6.4 Italy
11.3.6.4.1 Roll out of next-generation smart meters drives market growth
TABLE 90 ITALY: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 91 ITALY: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 92 ITALY: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 93 ITALY: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 94 ITALY: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 95 ITALY: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 96 ITALY: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3.6.5 Spain
11.3.6.5.1 Need for efficient grid operations, dynamic pricing, and need for integration of renewable energy are propelling market growth
TABLE 97 SPAIN: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 98 SPAIN: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 99 SPAIN: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 100 SPAIN: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 101 SPAIN: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 102 SPAIN: SMART METERS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 103 SPAIN: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.3.6.6 Rest of Europe
TABLE 104 REST OF EUROPE: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 105 REST OF EUROPE: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 106 REST OF EUROPE: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 107 REST OF EUROPE: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 108 REST OF EUROPE: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 109 REST OF EUROPE: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 110 REST OF EUROPE: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4 ASIA PACIFIC
FIGURE 45 ASIA PACIFIC: SNAPSHOT, 2020
11.4.1 BY TYPE
TABLE 111 ASIA PACIFIC: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
11.4.2 BY COMMUNICATION TYPE
TABLE 112 ASIA PACIFIC: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
11.4.3 BY COMPONENT
TABLE 113 ASIA PACIFIC: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 114 ASIA PACIFIC: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 115 ASIA PACIFIC: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
11.4.4 BY TECHNOLOGY
TABLE 116 ASIA PACIFIC: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
11.4.5 BY END USER
TABLE 117 ASIA PACIFIC: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4.6 BY COUNTRY
TABLE 118 ASIA PACIFIC: SMART METERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
11.4.6.1 China
11.4.6.1.1 Demand for integrating renewable energy sources with energy grids and investments in smart grids to achieve ambitious carbon neutrality targets are driving market growth
TABLE 119 CHINA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 120 CHINA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 121 CHINA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 122 CHINA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 123 CHINA: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 124 CHINA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 125 CHINA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4.6.2 Australia
11.4.6.2.1 Higher utility costs and distributed energy resources are driving market growth
TABLE 126 AUSTRALIA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 127 AUSTRALIA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 128 AUSTRALIA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 129 AUSTRALIA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 130 AUSTRALIA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 131 AUSTRALIA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 132 AUSTRALIA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4.6.3 Japan
11.4.6.3.1 Increasing emphasis on energy security and planned renewable energy addition are driving demand
TABLE 133 JAPAN: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 134 JAPAN: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 135 JAPAN: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 136 JAPAN: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 137 JAPAN: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 138 JAPAN: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 139 JAPAN: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4.6.4 India
11.4.6.4.1 Ambitious net zero emissions target and smart meters mandates are boosting market growth
TABLE 140 INDIA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 141 INDIA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 142 INDIA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 143 INDIA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 144 INDIA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 145 INDIA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 146 INDIA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4.6.5 South Korea
11.4.6.5.1 Growing market for smart grids and need for better energy efficiency to integrate clean energy systems create demand for smart meters
TABLE 147 SOUTH KOREA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 148 SOUTH KOREA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 149 SOUTH KOREA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 150 SOUTH KOREA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 151 SOUTH KOREA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 152 SOUTH KOREA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 153 SOUTH KOREA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.4.6.6 Rest of Asia Pacific
TABLE 154 REST OF ASIA PACIFIC: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 155 REST OF ASIA PACIFIC: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 156 REST OF ASIA PACIFIC: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 157 REST OF ASIA PACIFIC: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 158 REST OF ASIA PACIFIC: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 159 REST OF ASIA PACIFIC: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 160 REST OF ASIA PACIFIC: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.5 SOUTH AMERICA
11.5.1 BY TYPE
TABLE 161 SOUTH AMERICA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 162 SOUTH AMERICA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
11.5.2 BY COMPONENT
TABLE 163 SOUTH AMERICA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 164 SOUTH AMERICA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 165 SOUTH AMERICA: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
11.5.3 BY TECHNOLOGY
TABLE 166 SOUTH AMERICA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
11.5.4 BY END USER
TABLE 167 SOUTH AMERICA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.5.5 BY COUNTRY
TABLE 168 SOUTH AMERICA: SMART METERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
11.5.5.1 Brazil
11.5.5.1.1 Surging need to improve operational efficiency boosts demand for smart meters
TABLE 169 BRAZIL: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 170 BRAZIL: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 171 BRAZIL: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 172 BRAZIL: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 173 BRAZIL: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 174 BRAZIL: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 175 BRAZIL: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.5.5.2 Argentina
11.5.5.2.1 Escalating requirements to produce energy using renewable energy and need for operational efficiency create opportunities for smart grid market
TABLE 176 ARGENTINA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 177 ARGENTINA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 178 ARGENTINA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 179 ARGENTINA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 180 ARGENTINA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 181 ARGENTINA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 182 ARGENTINA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.5.5.3 Chile
11.5.5.3.1 Need to develop modern utility infrastructure and reduce operational cost is propelling market growth
TABLE 183 CHILE: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 184 CHILE: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 185 CHILE: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 186 CHILE: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 187 CHILE: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 188 CHILE: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 189 CHILE: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.5.5.4 Rest of South America
TABLE 190 REST OF SOUTH AMERICA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 191 REST OF SOUTH AMERICA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 192 REST OF SOUTH AMERICA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 193 REST OF SOUTH AMERICA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 194 REST OF SOUTH AMERICA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 195 REST OF SOUTH AMERICA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 196 REST OF SOUTH AMERICA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.6 MIDDLE EAST & AFRICA
11.6.1 BY TYPE
TABLE 197 MIDDLE EAST AND AFRICA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
11.6.2 BY COMMUNICATION TYPE
TABLE 198 MIDDLE EAST AND AFRICA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
11.6.3 BY COMPONENT
TABLE 199 MIDDLE EAST AND AFRICA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 200 MIDDLE EAST AND AFRICA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 201 MIDDLE EAST AND AFRICA: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
11.6.4 BY TECHNOLOGY
TABLE 202 MIDDLE EAST AND AFRICA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
11.6.5 BY END USER
TABLE 203 MIDDLE EAST AND AFRICA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.6.6 BY COUNTRY
TABLE 204 MIDDLE EAST AND AFRICA: SMART METERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
11.6.6.1 Saudi Arabia
11.6.6.1.1 Need for better infrastructure, availability of capital, and need for operational efficiency are primary drivers for smart meters market
TABLE 205 SAUDI ARABIA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 206 SAUDI ARABIA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 207 SAUDI ARABIA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 208 SAUDI ARABIA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 209 SAUDI ARABIA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 210 SAUDI ARABIA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 211 SAUDI ARABIA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.6.6.2 UAE
11.6.6.2.1 Growing energy consumption and improving utility operations are driving market growth
TABLE 212 UAE: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 213 UAE: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 214 UAE: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 215 UAE: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 216 UAE: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 217 UAE: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 218 UAE: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.6.6.3 South Africa
11.6.6.3.1 Rising need to reduce utility debt is driving market for smart meters
TABLE 219 SOUTH AFRICA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 220 SOUTH AFRICA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 221 SOUTH AFRICA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 222 SOUTH AFRICA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 223 SOUTH AFRICA: SMART METERS FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 224 SOUTH AFRICA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 225 SOUTH AFRICA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
11.6.6.4 Rest of Middle East & Africa
TABLE 226 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
TABLE 227 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET, BY COMMUNICATION TYPE, 2019–2026 (USD MILLION)
TABLE 228 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET, BY COMPONENT, 2019–2026 (USD MILLION)
TABLE 229 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET FOR SOFTWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 230 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET FOR HARDWARE, BY TYPE, 2019–2026 (USD MILLION)
TABLE 231 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
TABLE 232 REST OF MIDDLE EAST & AFRICA: SMART METERS MARKET, BY END USER, 2019–2026 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 205)
12.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 233 OVERVIEW OF STRATEGIES ADOPTED BY TOP PLAYERS, JANUARY 2017–MARCH 2021
12.2 MARKET SHARE ANALYSIS
TABLE 234 SMART METERS MARKET: DEGREE OF COMPETITION
FIGURE 46 LEADING PLAYERS IN SMART METERS MARKET
12.3 MARKET EVALUATION FRAMEWORK
TABLE 235 MARKET EVALUATION FRAMEWORK
12.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 47 TOP PLAYERS IN SMART METERS MARKET FROM 2016 TO 2020
12.5 COMPETITIVE SCENARIO
TABLE 236 SMART METERS MARKET: PRODUCT LAUNCHES, JANUARY 2017–AUGUST 2021
TABLE 237 SMART METERS MARKET: DEALS, JUNE 2017–AUGUST 2021
TABLE 238 SMART METERS MARKET: OTHERS, JULY 2017–JUNE 2021
12.6 COMPANY EVALUATION QUADRANT
12.6.1 STAR
12.6.2 EMERGING LEADER
12.6.3 PERVASIVE
12.6.4 PARTICIPANT
FIGURE 48 COMPANY EVALUATION QUADRANT: SMART METERS MARKET, 2020
12.7 START-UP/SME EVALUATION QUADRANT, 2020
12.7.1 PROGRESSIVE COMPANY
12.7.2 RESPONSIVE COMPANY
12.7.3 DYNAMIC COMPANY
12.7.4 STARTING BLOCK
FIGURE 49 SMART METERS MARKET: START-UP/SME EVALUATION QUADRANT, 2020
12.7.5 COMPETITIVE BENCHMARKING
TABLE 239 COMPANY PRODUCT FOOTPRINT
TABLE 240 COMPANY FOOTPRINT, BY SMART METERS TYPE
TABLE 241 COMPANY FOOTPRINT, BY COMPONENT
TABLE 242 COMPANY FOOTPRINT, BY REGION
13 COMPANY PROFILES (Page No. - 220)
(Business Overview, Products/solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 MAJOR PLAYERS
13.1.1 SCHNEIDER ELECTRIC
TABLE 243 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
FIGURE 50 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 244 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS OFFERED
TABLE 245 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
TABLE 246 SCHNEIDER ELECTRIC: DEALS
TABLE 247 SCHNEIDER ELECTRIC: OTHERS
13.1.2 LANDIS+GYR
TABLE 248 LANDIS+GYR: COMPANY OVERVIEW
FIGURE 51 LANDIS + GYR: COMPANY SNAPSHOT
TABLE 249 LANDIS + GYR: PRODUCTS/SOLUTIONS OFFERED
TABLE 250 LANDIS + GYR: PRODUCT LAUNCHES
TABLE 251 LANDIS + GYR: DEALS
TABLE 252 LANDIS + GYR: OTHERS
13.1.3 ITRON GAMESA
TABLE 253 ITRON: COMPANY OVERVIEW
FIGURE 52 ITRON: COMPANY SNAPSHOT
TABLE 254 ITRON: PRODUCTS/SOLUTIONS OFFERED
TABLE 255 ITRON: PRODUCT LAUNCHES
TABLE 256 ITRON: DEALS
TABLE 257 ITRON: OTHERS
13.1.4 SIEMENS
TABLE 258 SIEMENS: COMPANY OVERVIEW
FIGURE 53 SIEMENS: COMPANY SNAPSHOT
TABLE 259 SIEMENS: PRODUCTS/SOLUTIONS OFFERED
TABLE 260 SIEMENS: DEALS
TABLE 261 TABLE 5 SIEMENS: OTHERS
13.1.5 WASION GROUP
TABLE 262 WASION GROUP: COMPANY OVERVIEW
FIGURE 54 WASION GROUP: COMPANY SNAPSHOT
TABLE 263 WASION GROUP: PRODUCTS/SOLUTIONS OFFERED
TABLE 264 WASION GROUP: DEALS
13.1.6 BADGER METER
TABLE 265 BADGER METER: COMPANY OVERVIEW
FIGURE 55 BADGER METER: COMPANY SNAPSHOT
TABLE 266 BADGER METER: PRODUCTS/SOLUTIONS OFFERED
TABLE 267 WASION GROUP: PRODUCT LAUNCHES
TABLE 268 BADGER METER: DEALS
13.1.7 SENSUS (XYLEM)
TABLE 269 SENSUS (XYLEM): COMPANY OVERVIEW
FIGURE 56 SENSUS (XYLEM): COMPANY SNAPSHOT
TABLE 270 SENSUS (XYLEM): PRODUCTS/SOLUTIONS OFFERED
TABLE 271 SENSUS XYLEM: PRODUCT LAUNCHES
TABLE 272 SENSUS XYLEM: DEALS
13.1.8 HONEYWELL INTERNATIONAL
TABLE 273 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW
FIGURE 57 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT
TABLE 274 HONEYWELL INTERNATIONAL: PRODUCTS/SOLUTIONS OFFERED
TABLE 275 HONEYWELL INTERNATIONAL: PRODUCT LAUNCHES
TABLE 276 HONEYWELL INTERNATIONAL: DEALS
13.1.9 LARSEN & TOUBRO
TABLE 277 LARSEN & TOUBRO: COMPANY OVERVIEW
FIGURE 58 LARSEN & TOUBRO: COMPANY SNAPSHOT
TABLE 278 LARSEN & TOUBRO: PRODUCTS/SOLUTIONS OFFERED
TABLE 279 LARSEN & TOUBRO: OTHERS
13.1.10 KAMSTRUP
TABLE 280 KAMSTRUP: COMPANY OVERVIEW
FIGURE 59 KAMSTRUP: COMPANY SNAPSHOT
TABLE 281 KAMSTRUP: PRODUCTS/SOLUTIONS OFFERED
TABLE 282 KAMSTRUP: PRODUCT LAUNCHES
TABLE 283 KAMSTRUP: OTHERS
13.1.11 GENUS POWER INFRASTRUCTURE
TABLE 284 GENUS POWER INFRASTRUCTURE: COMPANY OVERVIEW
FIGURE 60 GENUS POWER INFRASTRUCTURE: COMPANY SNAPSHOT
TABLE 285 GENUS POWER INFRASTRUCTURE: PRODUCTS/SOLUTIONS OFFERED
TABLE 286 GENUS POWER INFRASTRUCTURE: DEALS
13.1.12 ACLARA TECHNOLOGIES
TABLE 287 ALCARA TECHNOLOGIES: COMPANY OVERVIEW
TABLE 288 ALCARA TECHNOLOGIES: PRODUCTS/SOLUTIONS OFFERED
TABLE 289 ALCARA TECHNOLOGIES: PRODUCT LAUNCHES
TABLE 290 ALCARA TECHNOLOGIES: OTHERS
13.1.13 OSAKI ELECTRIC CO. (EDMI)
TABLE 291 OSAKI ELECTRIC CO. (EDMI): COMPANY OVERVIEW
TABLE 292 OSAKI ELECTRIC CO. (EDMI): PRODUCTS/SOLUTIONS OFFERED
TABLE 293 OSAKI ELECTRIC CO. (EDMI): PRODUCT LAUNCHES
TABLE 294 OSAKI ELECTRIC CO. (EDMI): OTHERS
13.1.14 SAGEMCOM
TABLE 295 SAGEMCOM: COMPANY OVERVIEW
TABLE 296 SAGEMCOM: PRODUCTS/SOLUTIONS OFFERED
TABLE 297 SAGEMCOM: PRODUCT LAUNCHES
TABLE 298 SAGEMCOM: DEALS
13.1.15 ISKRAEMECO
TABLE 299 ISKRAEMECO: COMPANY OVERVIEW
TABLE 300 ISKRAEMECO: PRODUCTS/SOLUTIONS OFFERED
TABLE 301 ISKRAEMECO: PRODUCT LAUNCHES
TABLE 302 ISKRAEMECO: OTHERS
13.2 KEY PLAYERS
13.2.1 JIANGSU LINYANG ELECTRONICS
TABLE 303 JIANGSU LINYANG ELECTRONICS
13.2.2 HEXING ELECTRICAL
TABLE 304 HEXING ELECTRICAL
13.2.3 NETWORKED ENERGY SERVICES CORPORATION
TABLE 305 NETWORKED ENERGY SERVICES CORPORATION
13.2.4 PIETRO FIORENTINI
TABLE 306 PIETRO FIORENTINI
13.2.5 SECURE METERS
TABLE 307 SECURE METERS
*Details on Business Overview, Products/solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX (Page No. - 303)
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
This study involved major activities in estimating the current size of the smart meters market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Country-wise analysis were used to estimate the total market size. After that, the market breakdown and data triangulation were done to estimate the market size of the segments and sub-segments.
Secondary Research
This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global smart meters market. The other secondary sources included press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research
The key players in the market have been identified through secondary research and their market shares in the respective regions through both primary and secondary research. This entire process includes studying the annual and financial reports of the top market players and in-depth interviews for key insights with industry leaders such as CEOs, VPs, directors, sales managers, and marketing executives. All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative data. The breakdown of primary respondents is given below:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the smart meters market ecosystem.
Report Objectives
- To define, describe, analyze, and forecast the smart meters market, by communication type, component, technology, end-user, region, in terms of value
- To describe and forecast the global smart meters market for various segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa (MEA), in terms of value.
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
- To provide a detailed overview of the smart meters value chain, along with industry trends, use cases, security standards, and Porter’s five forces
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To analyze opportunities in the market for various stakeholders by identifying high-growth segments in the smart meters market
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape of the market
- To analyze growth strategies adopted by market players such as joint ventures, partnerships, mergers and acquisitions, contracts, and agreements, product launches, and research and development (R&D) in the smart meters market
- To provide the impact of COVID-19 on the overall market and market players
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company
Company Information
- Detailed analyses and profiling of additional market players
Get in-depth analysis of the COVID-19 impact on the Smart Meters Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Smart Meters Market
Request For Special Pricing
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Smart Meters Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Smart Meters Market