Highlighted with 83 tables and 84 figures, this 156-page report “Global Smart Meters Market 2020-2027 by Component, Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase, Specification (SMETS1, SMETS2), Application (Electricity, Gas, Water), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global smart meters market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
Global smart meters market will reach $27.3 billion by 2027, growing by 8.4% annually over 2020-2027 driven by the advancements in metering technologies, rising awareness among people regarding energy conservation, and surging government initiatives. The sales volume will register a 2020-2027 CAGR of 6.2%.
The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart meters market in every aspect of the classification from perspectives of Component, Technology, Communication Type, Phase, Specification, Application, End Use, and Region.
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Based on Component, the global Smart Meters Market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware
• Software & Service
Based on Technology, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
Based on Communication Type, the global Smart Meters Market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Cellular Technology
• Radio Frequency (RF)
• Power Line Communication (PLC)
• Other Communication Types
Based on Phase, the global Smart Meters Market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Single-phase Smart Meters
• Three-phase Smart Meters
Based on Specification, the global Smart Meters Market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• SMETS1 Smart Meters
• SMETS2 Smart Meters
Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Smart Electricity Meters
• Smart Gas Meters
• Smart Water Meters
Based on End Use, the global Smart Meters Market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Along with the listed national/local markets, the following geographic areas are thoroughly investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
In Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• America, North (U.S., Canada, and Mexico)
Latin America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa) (UAE, Saudi Arabia, South Africa)
There are thorough analyses and data for annual revenue for each of the aforementioned regions and nations for the years 2017 through 2027. There is also a breakdown of the major national markets by component, application, and end use over the projection years, as well as a breakdown of the regional markets by country.
The study also analyses the present competition landscape, the anticipated trend, and it provides profiles of key vendors, including both established market leaders and significant up-and-coming companies.
Key Players (this list may not be exhaustive; additional businesses can be included upon request):
Badger Meter, Inc.
EDMI
Elster Group GmbH
Holley Metering Limited
Honeywell International Inc.
Iskraemeco
Itron Inc.
Landis+Gyr Group AG
Neptune Technology Group Inc.
Schneider Electric SA
Sensus USA Inc.
Siemens AG
