Global smart electricity meters market will reach $20.23 billion by 2027, growing by 8.8% annually over 2020-2027 driven by the increasing need for efficient data monitoring systems, cost savings advantage of smart meters, and favorable government policies for smart meter rollout. The sales volume in million units will register a 2020-2027 CAGR of 9.0%.
Highlighted with 83 tables and 81 figures, this 158-page report “Global Smart Electricity Meters Market 2020-2027 by Component (Hardware, Software), Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase (GISM, GIST, GISS), Precision (0.25S, 0.2S, 0.5S), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global smart electricity 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. 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 electricity meters market in every aspect of the classification from perspectives of Component, Technology, Communication Type, Phase, Precision, End Use, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware
• Software & Service
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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 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 market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• GISM (Single Phase, 230v, <40A)
• GIST (Three Phase, 3*230/400v, <60A)
• GISS (Heavy Consumers, >60A)
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Based on Precision, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Accuracy Class 0.25S
• Accuracy Class 0.2S
• Accuracy Class 0.5S
Based on End Use, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following regions together with the listed national/local markets are fully 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)
• 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)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Communication Type, Phase, and End Use over the forecast years are also included.
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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Aclara Technologies
EDMI Limited
Elster Group GmbH (Honeywell International Inc.)
Hexing Electric Company
Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd)
Itron Inc.
Jiangsu Linyang Energy Co., Ltd.
Kamstrup A/S
Landis + GYR Group AG
Mitsubishi
Nanjing Xinlian Electronics Co., Ltd.
Sagemcom SAS
Sensus USA Inc.
Shenzhen Hemei Group Co. Ltd.
Shenzhen Kafia
Wasion Group Holdings
(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.)
Table of Contents
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Global Market by Component 40
3.1 Market Overview by Component 40
3.2 Hardware 42
3.3 Software & Service 43
4 Segmentation of Global Market by Technology 44
4.1 Market Overview by Technology 44
4.2 Automatic Meter Reading (AMR) 46
4.3 Advanced Metering Infrastructure (AMI) 47
5 Segmentation of Global Market by Communication Type 48
5.1 Market Overview by Communication Type 48
5.2 Cellular Technology 50
5.3 Radio Frequency (RF) 51
5.4 Power Line Communication (PLC) 52
5.5 Other Communication Types 53
6 Segmentation of Global Market by Phase 54
6.1 Market Overview by Phase 54
6.2 GISM (Single Phase, 230v, <40A) 56
6.3 GIST (Three Phase, 3*230/400v, <60A) 57
6.4 GISS (Heavy Consumers, >60A) 58
7 Segmentation of Global Market by Precision 59
7.1 Market Overview by Precision 59
7.2 Accuracy Class 0.25S 61
7.3 Accuracy Class 0.2S 62
7.4 Accuracy Class 0.5S 63
8 Segmentation of Global Market by End Use 64
8.1 Market Overview by End Use 64
8.2 Residential Use 66
8.3 Commercial Use 67
8.4 Industrial Use 68
9 Segmentation of Global Market by Region 69
9.1 Geographic Market Overview 2020-2027 69
9.2 North America Market 2020-2027 by Country 73
9.2.1 Overview of North America Market 73
9.2.2 U.S. 76
9.2.3 Canada 79
9.2.4 Mexico 81
9.3 European Market 2020-2027 by Country 83
9.3.1 Overview of European Market 83
9.3.2 UK 86
9.3.3 France 88
9.3.4 Germany 90
9.3.5 Spain 92
9.3.6 Italy 94
9.3.7 Russia 96
9.3.8 Rest of European Market 98
9.4 Asia-Pacific Market 2020-2027 by Country 100
9.4.1 Overview of Asia-Pacific Market 100
9.4.2 China 103
9.4.3 Japan 105
9.4.4 India 108
9.4.5 Australia 110
9.4.6 South Korea 112
9.4.7 Rest of APAC Region 114
9.5 South America Market 2020-2027 by Country 116
9.5.1 Argentina 119
9.5.2 Brazil 121
9.5.3 Chile 123
9.5.4 Rest of South America Market 125
9.6 MEA Market 2020-2027 by Country 126
9.6.1 UAE 129
9.6.2 Saudi Arabia 131
9.6.3 South Africa 133
9.6.4 Other National Markets 135
10 Competitive Landscape 136
10.1 Overview of Key Vendors 136
10.2 New Product Launch, Partnership, Investment, and M&A 140
10.3 Company Profiles 141
Aclara Technologies 141
EDMI Limited 143
Elster Group GmbH (Honeywell International Inc.) 144
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