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Smart Meter-Global Market Insights and Sales Trends 2025

Smart Meter-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1817453

No of Pages : 125

Synopsis
Smart meters are one of the basic equipment for data collection in smart grids (especially smart distribution networks). They are responsible for the collection, measurement and transmission of raw electrical energy data, and are the basis for information integration, analysis and optimization, and information presentation. In addition to the basic power metering function of traditional electric energy meters, smart meters also have two-way multi-rate metering functions, user-side control functions, and two-way data communication with multiple data transmission modes in order to adapt to the use of smart grids and new energy. Intelligent functions such as functions and anti-theft functions.
The global Smart Meter market size is expected to reach US$ 9417.4 million by 2029, growing at a CAGR of 3.8% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Meter in various end use industries. The expanding demands from the Residential, Commercial and Industrial,, are propelling Smart Meter market. Single-phase Smart Meters, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Three-phase Smart Meters segment is estimated at % CAGR for the next seven-year period.
The main smart meter manufacturers in the market include Landis+Gyr, Itron and General Electric.
The top ten global companies account for nearly 47% of the market.
The overall market concentration is not high. The high-end market is mostly monopolized by foreign companies, and the low-end market products Serious homogeneity and fierce price competition have affected the healthy development of the market.
Smart meter packages are divided into single-phase smart meters and three-phase smart meters, which can be used in residential, commercial and industrial applications.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Meter, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Meter market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Meter market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Meter sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Meter covered in this report include Landis+Gyr, Itron, General Electric, Siemens, Sensus, Honeywell Elster, Sanxing Medical Electric, Jiangsu Linyang and Kamstrup, etc.
The global Smart Meter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Landis+Gyr
Itron
General Electric
Siemens
Sensus
Honeywell Elster
Sanxing Medical Electric
Jiangsu Linyang
Kamstrup
Wasion Group
Sagemcom
Hexing Electrical
Nuri Telecom
Clou Electronics
Iskraemeco
Zhejiang Chint
Shenzhen HND
Sunrise Technology
Holley Technology
LONGi Meter
ZIV
Global Smart Meter market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Meter market, Segment by Type:
Single-phase Smart Meters
Three-phase Smart Meters
Global Smart Meter market, by Application
Residential
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smart Meter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smart Meter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Smart Meter Market Overview
1.1 Smart Meter Product Overview
1.2 Smart Meter Market Segment by Type
1.2.1 Single-phase Smart Meters
1.2.2 Three-phase Smart Meters
1.3 Global Smart Meter Market Size by Type
1.3.1 Global Smart Meter Market Size Overview by Type (2018-2029)
1.3.2 Global Smart Meter Historic Market Size Review by Type (2018-2023)
1.3.3 Global Smart Meter Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Smart Meter Sales Breakdown by Type (2018-2023)
1.4.2 Europe Smart Meter Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Smart Meter Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Smart Meter Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Smart Meter Sales Breakdown by Type (2018-2023)
2 Global Smart Meter Market Competition by Company
2.1 Global Top Players by Smart Meter Sales (2018-2023)
2.2 Global Top Players by Smart Meter Revenue (2018-2023)
2.3 Global Top Players by Smart Meter Price (2018-2023)
2.4 Global Top Manufacturers Smart Meter Manufacturing Base Distribution, Sales Area, Product Type
2.5 Smart Meter Market Competitive Situation and Trends
2.5.1 Smart Meter Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Smart Meter Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Meter as of 2022)
2.7 Date of Key Manufacturers Enter into Smart Meter Market
2.8 Key Manufacturers Smart Meter Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Smart Meter Status and Outlook by Region
3.1 Global Smart Meter Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Smart Meter Historic Market Size by Region
3.2.1 Global Smart Meter Sales in Volume by Region (2018-2023)
3.2.2 Global Smart Meter Sales in Value by Region (2018-2023)
3.2.3 Global Smart Meter Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Smart Meter Forecasted Market Size by Region
3.3.1 Global Smart Meter Sales in Volume by Region (2024-2029)
3.3.2 Global Smart Meter Sales in Value by Region (2024-2029)
3.3.3 Global Smart Meter Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Smart Meter by Application
4.1 Smart Meter Market Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Smart Meter Market Size by Application
4.2.1 Global Smart Meter Market Size Overview by Application (2018-2029)
4.2.2 Global Smart Meter Historic Market Size Review by Application (2018-2023)
4.2.3 Global Smart Meter Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Smart Meter Sales Breakdown by Application (2018-2023)
4.3.2 Europe Smart Meter Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Smart Meter Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Smart Meter Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Smart Meter Sales Breakdown by Application (2018-2023)
5 North America Smart Meter by Country
5.1 North America Smart Meter Historic Market Size by Country
5.1.1 North America Smart Meter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Smart Meter Sales in Volume by Country (2018-2023)
5.1.3 North America Smart Meter Sales in Value by Country (2018-2023)
5.2 North America Smart Meter Forecasted Market Size by Country
5.2.1 North America Smart Meter Sales in Volume by Country (2024-2029)
5.2.2 North America Smart Meter Sales in Value by Country (2024-2029)
6 Europe Smart Meter by Country
6.1 Europe Smart Meter Historic Market Size by Country
6.1.1 Europe Smart Meter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Smart Meter Sales in Volume by Country (2018-2023)
6.1.3 Europe Smart Meter Sales in Value by Country (2018-2023)
6.2 Europe Smart Meter Forecasted Market Size by Country
6.2.1 Europe Smart Meter Sales in Volume by Country (2024-2029)
6.2.2 Europe Smart Meter Sales in Value by Country (2024-2029)
7 Asia-Pacific Smart Meter by Region
7.1 Asia-Pacific Smart Meter Historic Market Size by Region
7.1.1 Asia-Pacific Smart Meter Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Smart Meter Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Smart Meter Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Smart Meter Forecasted Market Size by Region
7.2.1 Asia-Pacific Smart Meter Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Smart Meter Sales in Value by Region (2024-2029)
8 Latin America Smart Meter by Country
8.1 Latin America Smart Meter Historic Market Size by Country
8.1.1 Latin America Smart Meter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Smart Meter Sales in Volume by Country (2018-2023)
8.1.3 Latin America Smart Meter Sales in Value by Country (2018-2023)
8.2 Latin America Smart Meter Forecasted Market Size by Country
8.2.1 Latin America Smart Meter Sales in Volume by Country (2024-2029)
8.2.2 Latin America Smart Meter Sales in Value by Country (2024-2029)
9 Middle East and Africa Smart Meter by Country
9.1 Middle East and Africa Smart Meter Historic Market Size by Country
9.1.1 Middle East and Africa Smart Meter Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Smart Meter Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Smart Meter Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Smart Meter Forecasted Market Size by Country
9.2.1 Middle East and Africa Smart Meter Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Smart Meter Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Landis+Gyr
10.1.1 Landis+Gyr Company Information
10.1.2 Landis+Gyr Introduction and Business Overview
10.1.3 Landis+Gyr Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Landis+Gyr Smart Meter Products Offered
10.1.5 Landis+Gyr Recent Development
10.2 Itron
10.2.1 Itron Company Information
10.2.2 Itron Introduction and Business Overview
10.2.3 Itron Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Itron Smart Meter Products Offered
10.2.5 Itron Recent Development
10.3 General Electric
10.3.1 General Electric Company Information
10.3.2 General Electric Introduction and Business Overview
10.3.3 General Electric Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.3.4 General Electric Smart Meter Products Offered
10.3.5 General Electric Recent Development
10.4 Siemens
10.4.1 Siemens Company Information
10.4.2 Siemens Introduction and Business Overview
10.4.3 Siemens Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Smart Meter Products Offered
10.4.5 Siemens Recent Development
10.5 Sensus
10.5.1 Sensus Company Information
10.5.2 Sensus Introduction and Business Overview
10.5.3 Sensus Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sensus Smart Meter Products Offered
10.5.5 Sensus Recent Development
10.6 Honeywell Elster
10.6.1 Honeywell Elster Company Information
10.6.2 Honeywell Elster Introduction and Business Overview
10.6.3 Honeywell Elster Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Honeywell Elster Smart Meter Products Offered
10.6.5 Honeywell Elster Recent Development
10.7 Sanxing Medical Electric
10.7.1 Sanxing Medical Electric Company Information
10.7.2 Sanxing Medical Electric Introduction and Business Overview
10.7.3 Sanxing Medical Electric Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sanxing Medical Electric Smart Meter Products Offered
10.7.5 Sanxing Medical Electric Recent Development
10.8 Jiangsu Linyang
10.8.1 Jiangsu Linyang Company Information
10.8.2 Jiangsu Linyang Introduction and Business Overview
10.8.3 Jiangsu Linyang Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Jiangsu Linyang Smart Meter Products Offered
10.8.5 Jiangsu Linyang Recent Development
10.9 Kamstrup
10.9.1 Kamstrup Company Information
10.9.2 Kamstrup Introduction and Business Overview
10.9.3 Kamstrup Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Kamstrup Smart Meter Products Offered
10.9.5 Kamstrup Recent Development
10.10 Wasion Group
10.10.1 Wasion Group Company Information
10.10.2 Wasion Group Introduction and Business Overview
10.10.3 Wasion Group Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Wasion Group Smart Meter Products Offered
10.10.5 Wasion Group Recent Development
10.11 Sagemcom
10.11.1 Sagemcom Company Information
10.11.2 Sagemcom Introduction and Business Overview
10.11.3 Sagemcom Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sagemcom Smart Meter Products Offered
10.11.5 Sagemcom Recent Development
10.12 Hexing Electrical
10.12.1 Hexing Electrical Company Information
10.12.2 Hexing Electrical Introduction and Business Overview
10.12.3 Hexing Electrical Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hexing Electrical Smart Meter Products Offered
10.12.5 Hexing Electrical Recent Development
10.13 Nuri Telecom
10.13.1 Nuri Telecom Company Information
10.13.2 Nuri Telecom Introduction and Business Overview
10.13.3 Nuri Telecom Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Nuri Telecom Smart Meter Products Offered
10.13.5 Nuri Telecom Recent Development
10.14 Clou Electronics
10.14.1 Clou Electronics Company Information
10.14.2 Clou Electronics Introduction and Business Overview
10.14.3 Clou Electronics Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Clou Electronics Smart Meter Products Offered
10.14.5 Clou Electronics Recent Development
10.15 Iskraemeco
10.15.1 Iskraemeco Company Information
10.15.2 Iskraemeco Introduction and Business Overview
10.15.3 Iskraemeco Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Iskraemeco Smart Meter Products Offered
10.15.5 Iskraemeco Recent Development
10.16 Zhejiang Chint
10.16.1 Zhejiang Chint Company Information
10.16.2 Zhejiang Chint Introduction and Business Overview
10.16.3 Zhejiang Chint Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Zhejiang Chint Smart Meter Products Offered
10.16.5 Zhejiang Chint Recent Development
10.17 Shenzhen HND
10.17.1 Shenzhen HND Company Information
10.17.2 Shenzhen HND Introduction and Business Overview
10.17.3 Shenzhen HND Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Shenzhen HND Smart Meter Products Offered
10.17.5 Shenzhen HND Recent Development
10.18 Sunrise Technology
10.18.1 Sunrise Technology Company Information
10.18.2 Sunrise Technology Introduction and Business Overview
10.18.3 Sunrise Technology Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Sunrise Technology Smart Meter Products Offered
10.18.5 Sunrise Technology Recent Development
10.19 Holley Technology
10.19.1 Holley Technology Company Information
10.19.2 Holley Technology Introduction and Business Overview
10.19.3 Holley Technology Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Holley Technology Smart Meter Products Offered
10.19.5 Holley Technology Recent Development
10.20 LONGi Meter
10.20.1 LONGi Meter Company Information
10.20.2 LONGi Meter Introduction and Business Overview
10.20.3 LONGi Meter Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.20.4 LONGi Meter Smart Meter Products Offered
10.20.5 LONGi Meter Recent Development
10.21 ZIV
10.21.1 ZIV Company Information
10.21.2 ZIV Introduction and Business Overview
10.21.3 ZIV Smart Meter Sales, Revenue and Gross Margin (2018-2023)
10.21.4 ZIV Smart Meter Products Offered
10.21.5 ZIV Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Smart Meter Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Smart Meter Industrial Chain Analysis
11.4 Smart Meter Market Dynamics
11.4.1 Smart Meter Industry Trends
11.4.2 Smart Meter Market Drivers
11.4.3 Smart Meter Market Challenges
11.4.4 Smart Meter Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Smart Meter Distributors
12.3 Smart Meter Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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