Smart Meters Market by Technology (Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI)) by Type (Electric Meters, Water Meters, and Gas Meters) by Application (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025

Published Date: 03-Oct-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 167 Report Code: ZMR-4813 Status : Published

Growing investments in smart home technology is fueling the demand for smart meters market. In 2017, these investments reached USD 916.7 Million as compared to USD 636.8 Million in 2015. The U.S. is a major attraction for these investments.

Description

A smart meter is an electronic device that records consumption and communicates the data to the supplier for billing and monitoring purposes. These meters are of two types, namely advanced metering infrastructure (AMI) and automatic meter reading (AMR). Communication from the meter to the network can be wireless or fixed wired connections.       

Growing investments in smart home technology is fueling the demand for the smart meters market. In 2017, these investments reached USD 916.7 Million as compared to USD 636.8 Million in 2015. The U.S. is a major attraction for these investments. Further, increasing the adoption of IoT in industries is considered a major driver for the smart meters market over the coming years. In addition to advanced commercial and residential construction activities, the demand for advanced industrial products has benefited for a greater number of utilities converting to smart grids.

Global Smart Meters Market

All the segments of the smart meters market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025. Based on technology, the global smart meters market is further divided into automatic meter reading (AMR) and advanced metering infrastructure (AMI). The automatic meter reading (AMR) is anticipated to hold a substantial chunk of the smart meters market over the coming years considering the rising demand in the commercial sector. The type segment is bifurcated into electric meters, water meters, and gas meters. The electric meters segment is expected to hold a notable share owing to the rising demand for smart electric meters in the residential sector. The application segment is bifurcated into residential, commercial, and industrial. The industrial segment is estimated to grow at a noteworthy rate over the coming years.

The regional segmentation consists of the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further divided into the U.S., Mexico, Canada, UK, Germany, France, China, India, Japan, South Korea, Brazil, and Argentina among others. North America region is anticipated to hold a considerable share due to the growing adoption of IoT. The U.S. is considered the most lucrative country in terms of generating revenue for the smart meters market. Further, in 2018, the country had about 630 start-ups for smart home technologies. The European region is projected to grow at a substantial rate owing to the presence of market players such as Siemens AG and Schneider Electric.

Detailed analysis of the major players in the global smart meters market includes their financial overview, business strategies, recent developments, and the product offered by them in the market. Key competitors included in this report are Siemens AG, Schneider Electric, Honeywell International, Inc., Itron, Inc., EDMI Limited, Sensus (Xylem), Toshiba Corporation, Holley Metering, Limited, Badger Meter, Inc., Aclara Technologies, LLC, and Kamstrup A/S among others. Major market players are focusing on expanding their business in developing economies such as China and India. In 2015, Schneider Electric launched smart home solutions in India, including smart meters. The company stated that with smart metering, India can save around USD 20 Billion per year by 2025.

This report segments the global smart meters market as follows:

Global Smart Meters Market: Type Segment Analysis

  • Electric Meters
  • Water Meters
  • Gas Meters

Global Smart Meters Market: Technology Segment Analysis

  • Automatic Meter Reading (AMR)
  • Advanced Metering Infrastructure (AMI)

Global Smart Meters Market: Application Segment Analysis

  • Residential
  • Commercial
  • Industrial

Global Smart Meters Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Smart Meters Market, 2016-2025 (USD Million)
    • 2.2. Smart Meters Market, 2016-2025 (USD Million)
    • 2.3. Smart Meters Market: Snapshot
  • Chapter 3. Smart Meters Market - Industry Analysis
    • 3.1. Smart Meters Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Driver 1
      • 3.2.2. Driver 2
    • 3.3. Restraints
      • 3.3.1. Restraint 1
      • 3.3.2. Restraint 2
    • 3.4. Opportunity
      • 3.4.1. Government funding and support
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by Type
      • 3.6.2. Market attractiveness analysis by Technology
      • 3.6.3. Market attractiveness analysis by Application
      • 3.6.4. Market attractiveness analysis by Region
  • Chapter 4. Smart Meters Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Smart Meters Market : company share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Type launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Smart Meters Market -Type Analysis
    • 5.1. Global Smart Meters Market overview: by Type
      • 5.1.1. Global Smart Meters Market share, by Type,2018 and 2025
    • 5.2. Electric Meters
      • 5.2.1. Global Smart Meters Market by Electric Meters, 2016-2025 (USD Million)
    • 5.3. Water Meters
      • 5.3.1. Global Smart Meters Market by Water Meters, 2016-2025 (USD Million)
    • 5.4. Gas Meters
      • 5.4.1. Global Smart Meters Market by Gas Meters, 2016-2025 (USD Million)
  • Chapter 6. Global Smart Meters Market -Technology Analysis
    • 6.1. Global Smart Meters Market overview: by Technology
      • 6.1.1. Global Smart Meters Market share, by Technology, 2018 and 2025
    • 6.2. Automatic Meter Reading (AMR)
      • 6.2.1. Global Smart Meters Market by Automatic Meter Reading (AMR), 2016-2025 (USD Million)
    • 6.3. Advanced Metering Infrastructure (AMI)
      • 6.3.1. Global Smart Meters Market by Advanced Metering Infrastructure (AMI), 2016-2025 (USD Million)
  • Chapter 7. Global Smart Meters Market -Application Analysis
    • 7.1. Global Smart Meters Market overview: by Application
      • 7.1.1. Global Smart Meters Market share, by Application, 2018 and 2025
    • 7.2. Residential
      • 7.2.1. Global Smart Meters Market by Residential, 2016-2025 (USD Million)
    • 7.3. Commercial
      • 7.3.1. Global Smart Meters Market by Commercial, 2016-2025 (USD Million)
    • 7.4. Industrial
      • 7.4.1. Global Smart Meters Market by Industrial, 2016-2025 (USD Million)
  • Chapter 8. Global Smart Meters Market - Regional Analysis
    • 8.1. Global Smart Meters Market overview: by Region
      • 8.1.1. Global Smart Meters Market share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Smart Meters Market , 2016-2025 (USD Million)
      • 8.2.2. North America Smart Meters Market revenue, by Type,2016-2025 (USD Million)
      • 8.2.3. North America Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
      • 8.2.4. North America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S.Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.2.5.2. The U.S.Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.2.5.3. The U.S.Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.2.6.2. Rest of North America Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.2.6.3. Rest of North America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Smart Meters Market , 2016-2025 (USD Million)
      • 8.3.2. Europe Smart Meters Market revenue, by Type,2016-2025 (USD Million)
      • 8.3.3. Europe Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
      • 8.3.4. Europe Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. U.K.Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.3.5.2. U.K.Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.3.5.3. U.K. Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.3.6.2. France Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.3.6.3. France Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.3.7.2. Germany Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.3.7.3. Germany Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of EuropeSmart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.3.8.2. Rest of EuropeSmart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.3.8.3. Rest of Europe Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Smart Meters Market , 2016-2025 (USD Million)
      • 8.4.2. Asia Pacific Smart Meters Market revenue, by Type,2016-2025 (USD Million)
      • 8.4.3. Asia Pacific Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
      • 8.4.4. Asia Pacific Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.4.5.2. China Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.4.5.3. China Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.4.6.2. Japan Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.4.6.3. Japan Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.4.7.2. India Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.4.7.3. India Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Smart Meters Market , 2016-2025 (USD Million)
      • 8.5.2. Latin America Smart Meters Market revenue, by Type,2016-2025 (USD Million)
      • 8.5.3. Latin America Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
      • 8.5.4. Latin America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.5.5.2. Brazil Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.5.5.3. Brazil Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
      • 8.5.6. Rest of LatinAmerica
        • 8.5.6.1. Rest of LatinAmerica Smart Meters Market revenue, by Type,2016-2025 (USD Million)
        • 8.5.6.2. Rest of LatinAmerica Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
        • 8.5.6.3. Rest of Latin America Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Smart Meters Market , 2016-2025 (USD Million)
      • 8.6.2. The Middle East and Africa Smart Meters Market revenue, by Type,2016-2025 (USD Million)
      • 8.6.3. The Middle East and Africa Smart Meters Market revenue, by Technology, 2016-2025 (USD Million)
      • 8.6.4. The Middle East and Africa Smart Meters Market revenue, by Application, 2016-2025 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1. Siemens AG
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Type Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Schneider Electric
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Type Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Honeywell International
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Type Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Itron, Inc
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Type Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. EDMI Limited
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Type Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Sensus (Xylem)
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Type Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Toshiba Corporation
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Type Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. Holley Metering
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Type Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Limited, Badger Meter
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Type Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Aclara Technologies
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Type Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development

Methodology

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