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Global Residential Smart Metering Market Research Report 2025
Synopsis
A smart meter is an electronic device that records consumption of electric energy and communicates the information to the electricity supplier for monitoring and billing. Smart meters typically record energy hourly or more frequently, and report at least daily.smart metering offers potential benefits to householders which can help consumers better manage their energy purchasesills.
The global Residential Smart Metering market was valued at US$ 3589 million in 2023 and is anticipated to reach US$ 4688.9 million by 2030, witnessing a CAGR of 3.9% during the forecast period 2024-2030.
North American market for Residential Smart Metering is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Residential Smart Metering is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Residential Smart Metering include Arad Group, Xylem, Kamstrup, Badger Meter, Takahata Precison, Diehl Metering, Itron, Honeywell and BMeterts, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Residential Smart Metering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Smart Metering.
Report Scope
The Residential Smart Metering market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Smart Metering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Smart Metering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Arad Group
Xylem
Kamstrup
Badger Meter
Takahata Precison
Diehl Metering
Itron
Honeywell
BMeterts
Sanchuan
Suntront
iESLab
Chongqing Intelligence
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde
Landis+Gyr
GE Digital Energy
Siemens
Segment by Type
Smart Energy Metering
Smart Water Metering
Others
Segment by Application
New Decoration
Renovated
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Smart Metering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Smart Metering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Smart Metering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
A smart meter is an electronic device that records consumption of electric energy and communicates the information to the electricity supplier for monitoring and billing. Smart meters typically record energy hourly or more frequently, and report at least daily.smart metering offers potential benefits to householders which can help consumers better manage their energy purchasesills.
The global Residential Smart Metering market was valued at US$ 3589 million in 2023 and is anticipated to reach US$ 4688.9 million by 2030, witnessing a CAGR of 3.9% during the forecast period 2024-2030.
North American market for Residential Smart Metering is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Residential Smart Metering is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Residential Smart Metering include Arad Group, Xylem, Kamstrup, Badger Meter, Takahata Precison, Diehl Metering, Itron, Honeywell and BMeterts, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Residential Smart Metering, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Smart Metering.
Report Scope
The Residential Smart Metering market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Smart Metering market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Residential Smart Metering manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Arad Group
Xylem
Kamstrup
Badger Meter
Takahata Precison
Diehl Metering
Itron
Honeywell
BMeterts
Sanchuan
Suntront
iESLab
Chongqing Intelligence
Ningbo Water Meter
Wasion Group
Shenzhen Huaxu
Hunan Changde
Landis+Gyr
GE Digital Energy
Siemens
Segment by Type
Smart Energy Metering
Smart Water Metering
Others
Segment by Application
New Decoration
Renovated
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Residential Smart Metering manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Residential Smart Metering by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Residential Smart Metering in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Residential Smart Metering Market Overview
1.1 Product Definition
1.2 Residential Smart Metering Segment by Type
1.2.1 Global Residential Smart Metering Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Smart Energy Metering
1.2.3 Smart Water Metering
1.2.4 Others
1.3 Residential Smart Metering Segment by Application
1.3.1 Global Residential Smart Metering Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 New Decoration
1.3.3 Renovated
1.4 Global Market Growth Prospects
1.4.1 Global Residential Smart Metering Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Residential Smart Metering Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Residential Smart Metering Production Estimates and Forecasts (2019-2030)
1.4.4 Global Residential Smart Metering Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Residential Smart Metering Production Market Share by Manufacturers (2019-2024)
2.2 Global Residential Smart Metering Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Residential Smart Metering, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Residential Smart Metering Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Residential Smart Metering Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Residential Smart Metering, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Residential Smart Metering, Product Offered and Application
2.8 Global Key Manufacturers of Residential Smart Metering, Date of Enter into This Industry
2.9 Residential Smart Metering Market Competitive Situation and Trends
2.9.1 Residential Smart Metering Market Concentration Rate
2.9.2 Global 5 and 10 Largest Residential Smart Metering Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Residential Smart Metering Production by Region
3.1 Global Residential Smart Metering Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Residential Smart Metering Production Value by Region (2019-2030)
3.2.1 Global Residential Smart Metering Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Residential Smart Metering by Region (2025-2030)
3.3 Global Residential Smart Metering Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Residential Smart Metering Production by Region (2019-2030)
3.4.1 Global Residential Smart Metering Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Residential Smart Metering by Region (2025-2030)
3.5 Global Residential Smart Metering Market Price Analysis by Region (2019-2024)
3.6 Global Residential Smart Metering Production and Value, Year-over-Year Growth
3.6.1 North America Residential Smart Metering Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Residential Smart Metering Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Residential Smart Metering Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Residential Smart Metering Production Value Estimates and Forecasts (2019-2030)
4 Residential Smart Metering Consumption by Region
4.1 Global Residential Smart Metering Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Residential Smart Metering Consumption by Region (2019-2030)
4.2.1 Global Residential Smart Metering Consumption by Region (2019-2024)
4.2.2 Global Residential Smart Metering Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Residential Smart Metering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Residential Smart Metering Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Residential Smart Metering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Residential Smart Metering Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Residential Smart Metering Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Residential Smart Metering Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Residential Smart Metering Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Residential Smart Metering Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Residential Smart Metering Production by Type (2019-2030)
5.1.1 Global Residential Smart Metering Production by Type (2019-2024)
5.1.2 Global Residential Smart Metering Production by Type (2025-2030)
5.1.3 Global Residential Smart Metering Production Market Share by Type (2019-2030)
5.2 Global Residential Smart Metering Production Value by Type (2019-2030)
5.2.1 Global Residential Smart Metering Production Value by Type (2019-2024)
5.2.2 Global Residential Smart Metering Production Value by Type (2025-2030)
5.2.3 Global Residential Smart Metering Production Value Market Share by Type (2019-2030)
5.3 Global Residential Smart Metering Price by Type (2019-2030)
6 Segment by Application
6.1 Global Residential Smart Metering Production by Application (2019-2030)
6.1.1 Global Residential Smart Metering Production by Application (2019-2024)
6.1.2 Global Residential Smart Metering Production by Application (2025-2030)
6.1.3 Global Residential Smart Metering Production Market Share by Application (2019-2030)
6.2 Global Residential Smart Metering Production Value by Application (2019-2030)
6.2.1 Global Residential Smart Metering Production Value by Application (2019-2024)
6.2.2 Global Residential Smart Metering Production Value by Application (2025-2030)
6.2.3 Global Residential Smart Metering Production Value Market Share by Application (2019-2030)
6.3 Global Residential Smart Metering Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Arad Group
7.1.1 Arad Group Residential Smart Metering Corporation Information
7.1.2 Arad Group Residential Smart Metering Product Portfolio
7.1.3 Arad Group Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Arad Group Main Business and Markets Served
7.1.5 Arad Group Recent Developments/Updates
7.2 Xylem
7.2.1 Xylem Residential Smart Metering Corporation Information
7.2.2 Xylem Residential Smart Metering Product Portfolio
7.2.3 Xylem Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Xylem Main Business and Markets Served
7.2.5 Xylem Recent Developments/Updates
7.3 Kamstrup
7.3.1 Kamstrup Residential Smart Metering Corporation Information
7.3.2 Kamstrup Residential Smart Metering Product Portfolio
7.3.3 Kamstrup Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Kamstrup Main Business and Markets Served
7.3.5 Kamstrup Recent Developments/Updates
7.4 Badger Meter
7.4.1 Badger Meter Residential Smart Metering Corporation Information
7.4.2 Badger Meter Residential Smart Metering Product Portfolio
7.4.3 Badger Meter Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Badger Meter Main Business and Markets Served
7.4.5 Badger Meter Recent Developments/Updates
7.5 Takahata Precison
7.5.1 Takahata Precison Residential Smart Metering Corporation Information
7.5.2 Takahata Precison Residential Smart Metering Product Portfolio
7.5.3 Takahata Precison Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Takahata Precison Main Business and Markets Served
7.5.5 Takahata Precison Recent Developments/Updates
7.6 Diehl Metering
7.6.1 Diehl Metering Residential Smart Metering Corporation Information
7.6.2 Diehl Metering Residential Smart Metering Product Portfolio
7.6.3 Diehl Metering Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Diehl Metering Main Business and Markets Served
7.6.5 Diehl Metering Recent Developments/Updates
7.7 Itron
7.7.1 Itron Residential Smart Metering Corporation Information
7.7.2 Itron Residential Smart Metering Product Portfolio
7.7.3 Itron Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Itron Main Business and Markets Served
7.7.5 Itron Recent Developments/Updates
7.8 Honeywell
7.8.1 Honeywell Residential Smart Metering Corporation Information
7.8.2 Honeywell Residential Smart Metering Product Portfolio
7.8.3 Honeywell Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Honeywell Main Business and Markets Served
7.7.5 Honeywell Recent Developments/Updates
7.9 BMeterts
7.9.1 BMeterts Residential Smart Metering Corporation Information
7.9.2 BMeterts Residential Smart Metering Product Portfolio
7.9.3 BMeterts Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.9.4 BMeterts Main Business and Markets Served
7.9.5 BMeterts Recent Developments/Updates
7.10 Sanchuan
7.10.1 Sanchuan Residential Smart Metering Corporation Information
7.10.2 Sanchuan Residential Smart Metering Product Portfolio
7.10.3 Sanchuan Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sanchuan Main Business and Markets Served
7.10.5 Sanchuan Recent Developments/Updates
7.11 Suntront
7.11.1 Suntront Residential Smart Metering Corporation Information
7.11.2 Suntront Residential Smart Metering Product Portfolio
7.11.3 Suntront Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Suntront Main Business and Markets Served
7.11.5 Suntront Recent Developments/Updates
7.12 iESLab
7.12.1 iESLab Residential Smart Metering Corporation Information
7.12.2 iESLab Residential Smart Metering Product Portfolio
7.12.3 iESLab Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.12.4 iESLab Main Business and Markets Served
7.12.5 iESLab Recent Developments/Updates
7.13 Chongqing Intelligence
7.13.1 Chongqing Intelligence Residential Smart Metering Corporation Information
7.13.2 Chongqing Intelligence Residential Smart Metering Product Portfolio
7.13.3 Chongqing Intelligence Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Chongqing Intelligence Main Business and Markets Served
7.13.5 Chongqing Intelligence Recent Developments/Updates
7.14 Ningbo Water Meter
7.14.1 Ningbo Water Meter Residential Smart Metering Corporation Information
7.14.2 Ningbo Water Meter Residential Smart Metering Product Portfolio
7.14.3 Ningbo Water Meter Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Ningbo Water Meter Main Business and Markets Served
7.14.5 Ningbo Water Meter Recent Developments/Updates
7.15 Wasion Group
7.15.1 Wasion Group Residential Smart Metering Corporation Information
7.15.2 Wasion Group Residential Smart Metering Product Portfolio
7.15.3 Wasion Group Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Wasion Group Main Business and Markets Served
7.15.5 Wasion Group Recent Developments/Updates
7.16 Shenzhen Huaxu
7.16.1 Shenzhen Huaxu Residential Smart Metering Corporation Information
7.16.2 Shenzhen Huaxu Residential Smart Metering Product Portfolio
7.16.3 Shenzhen Huaxu Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Shenzhen Huaxu Main Business and Markets Served
7.16.5 Shenzhen Huaxu Recent Developments/Updates
7.17 Hunan Changde
7.17.1 Hunan Changde Residential Smart Metering Corporation Information
7.17.2 Hunan Changde Residential Smart Metering Product Portfolio
7.17.3 Hunan Changde Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Hunan Changde Main Business and Markets Served
7.17.5 Hunan Changde Recent Developments/Updates
7.18 Landis+Gyr
7.18.1 Landis+Gyr Residential Smart Metering Corporation Information
7.18.2 Landis+Gyr Residential Smart Metering Product Portfolio
7.18.3 Landis+Gyr Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Landis+Gyr Main Business and Markets Served
7.18.5 Landis+Gyr Recent Developments/Updates
7.19 GE Digital Energy
7.19.1 GE Digital Energy Residential Smart Metering Corporation Information
7.19.2 GE Digital Energy Residential Smart Metering Product Portfolio
7.19.3 GE Digital Energy Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.19.4 GE Digital Energy Main Business and Markets Served
7.19.5 GE Digital Energy Recent Developments/Updates
7.20 Siemens
7.20.1 Siemens Residential Smart Metering Corporation Information
7.20.2 Siemens Residential Smart Metering Product Portfolio
7.20.3 Siemens Residential Smart Metering Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Siemens Main Business and Markets Served
7.20.5 Siemens Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Residential Smart Metering Industry Chain Analysis
8.2 Residential Smart Metering Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Residential Smart Metering Production Mode & Process
8.4 Residential Smart Metering Sales and Marketing
8.4.1 Residential Smart Metering Sales Channels
8.4.2 Residential Smart Metering Distributors
8.5 Residential Smart Metering Customers
9 Residential Smart Metering Market Dynamics
9.1 Residential Smart Metering Industry Trends
9.2 Residential Smart Metering Market Drivers
9.3 Residential Smart Metering Market Challenges
9.4 Residential Smart Metering Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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