The smart meter market has witnessed approximately 134.5 million smart meter shipments worldwide in 2020 and is expected to reach 198.5 million units by 2026 and is expected to grow at an annual average of 6% over the forecast period (2021-2026). Smart grids are being implemented worldwide to improve the efficiency of power networks. Therefore, smart electricity meters, an essential element of the smart grid, are being adopted worldwide. Countries around the world are adopting emission control regulations to address the environmental impact of pollution.
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Smart Meter Market Segmentation
- Smart Electric Meters
- Smart Water Meters
- Smart Gas Meters
Key Market Players
- Itron Inc.
- Schneider Electric SA
- Siemens AG
- Badger Meter
- Holley Metering Limited
- Neptune Technology Group Inc.
- Honeywell International Inc.
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o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Meter Market Report
- What was the Smart Meter Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Meter Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Smart Meter Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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