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The Global Smart Meters market is expected to reach $32.91 billion by 2026 growing at a CAGR of 7.7% from 2018 to 2026. Smart Meters are devices for correctly monitoring gas and electricity meter usage that can send usage information which helps the usefulness company to efficiently handle the energy usage. Smart meters offer a host of benefits such as removing inefficiencies in billing, decrease of meter reading cost, preventing disconnection and re-connection costs to corporations and consumers. Factors such as two-way communication feature of smart meters, government policies supporting installation of smart meters and improved investments in smart grid projects are driving the market growth. Though, integration difficulties with smart meters are restraining the market growth. Moreover, grid operators managing the demand for power are the opportunities for the smart meters market. Based on communication type, the cellular segment is going to have a lucrative growth during the forecast period, due to reduce the operational cost for utilities in implementing smart meter projects. The growth of the cellular communication type is attributed to the availability of robust telecommunication infrastructure for smart meter operations across regions such as North America and Europe. The key vendors mentioned are Elster Group, Energy Intellect Ltd, Fenghua sanlian water meter co Ltd, Holley Metering Limited, Itron Inc , Jenco Instruments Inc, Meters UK , Schneider Electric SA, Secure meters Ltd, Sensus, Siemens AG, Smart building services Pvt Ltd, Smart Instruments Co Pvt Ltd, Triacta power solutions LP and Upsco Inc. Types Covered: • Electric • Gas • Water Component Types Covered: • Hardware • Software Products Covered: • Three-Phase Smart Meter • Single-Phase Smart Meter Communication Types Covered: • Cellular • Programmable Logic Controller (PLC) • Radio Frequency (RF) Technology Types Covered: • Advanced Metering Infrastructure (AMI) • Automated Meter Reading (AMR) End Users Covered: • Residential • Commercial • Industrial Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Meters Market, By Type
5.1 Introduction
5.2 Electric
5.3 Gas
5.4 Water
6 Global Smart Meters Market, By Component Type
6.1 Introduction
6.2 Hardware
6.3 Software
7 Global Smart Meters Market, By Product
7.1 Introduction
7.2 Three-Phase Smart Meter
7.3 Single-Phase Smart Meter
8 Global Smart Meters Market, By Communication Type
8.1 Introduction
8.2 Cellular
8.3 Programmable Logic Controller (PLC)
8.4 Radio Frequency (RF)
9 Global Smart Meters Market, By Technology Type
9.1 Introduction
9.2 Advanced Metering Infrastructure (AMI)
9.3 Automated Meter Reading (AMR)
10 Global Smart Meters Market, By End User
10.1 Introduction
10.2 Residential
10.3 Commercial
10.4 Industrial
11 Global Smart Meters Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape
13.1 Elster Group
13.2 Energy Intellect Ltd
13.3 Fenghua sanlian water meter co Ltd
13.4 Holley Metering Limited
13.5 Itron Inc
13.6 Jenco Instruments Inc
13.7 Meters UK
13.8 Schneider Electric SA
13.9 Secure meters Ltd
13.10 Honeywell
13.11 Siemens AG
13.12 Smart building services Pvt Ltd
13.13 Smart Instruments Co Pvt Ltd
13.14 Triacta power solutions LP
13.15 Upsco Inc
List of Data Tables
Table 1 Global Smart Meters Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Smart Meters Market Outlook, By Type (2016-2026) ($MN)
Table 3 Global Smart Meters Market Outlook, By Electric (2016-2026) ($MN)
Table 4 Global Smart Meters Market Outlook, By Gas (2016-2026) ($MN)
Table 5 Global Smart Meters Market Outlook, By Water (2016-2026) ($MN)
Table 6 Global Smart Meters Market Outlook, By Component Type (2016-2026) ($MN)
Table 7 Global Smart Meters Market Outlook, By Hardware (2016-2026) ($MN)
Table 8 Global Smart Meters Market Outlook, By Software (2016-2026) ($MN)
Table 9 Global Smart Meters Market Outlook, By Product (2016-2026) ($MN)
Table 10 Global Smart Meters Market Outlook, By Three-Phase Smart Meter (2016-2026) ($MN)
Table 11 Global Smart Meters Market Outlook, By Single-Phase Smart Meter (2016-2026) ($MN)
Table 12 Global Smart Meters Market Outlook, By Communication Type (2016-2026) ($MN)
Table 13 Global Smart Meters Market Outlook, By Cellular (2016-2026) ($MN)
Table 14 Global Smart Meters Market Outlook, By Programmable Logic Controller (PLC) (2016-2026) ($MN)
Table 15 Global Smart Meters Market Outlook, By Radio Frequency (RF) (2016-2026) ($MN)
Table 16 Global Smart Meters Market Outlook, By Technology Type (2016-2026) ($MN)
Table 17 Global Smart Meters Market Outlook, By Advanced Metering Infrastructure (AMI) (2016-2026) ($MN)
Table 18 Global Smart Meters Market Outlook, By Automated Meter Reading (AMR) (2016-2026) ($MN)
Table 19 Global Smart Meters Market Outlook, By End User (2016-2026) ($MN)
Table 20 Global Smart Meters Market Outlook, By Residential (2016-2026) ($MN)
Table 21 Global Smart Meters Market Outlook, By Commercial (2016-2026) ($MN)
Table 22 Global Smart Meters Market Outlook, By Industrial (2016-2026) ($MN)
Table 23 North America Smart Meters Market Outlook, By Country (2016-2026) ($MN)
Table 24 North America Smart Meters Market Outlook, By Type (2016-2026) ($MN)
Table 25 North America Smart Meters Market Outlook, By Component Type (2016-2026) ($MN)
Table 26 North America Smart Meters Market Outlook, By Product (2016-2026) ($MN)
Table 27 North America Smart Meters Market Outlook, By Communication Type (2016-2026) ($MN)
Table 28 North America Smart Meters Market Outlook, By Technology Type (2016-2026) ($MN)
Table 29 North America Smart Meters Market Outlook, By End User (2016-2026) ($MN)
Table 30 Europe Smart Meters Market Outlook, By Country (2016-2026) ($MN)
Table 31 Europe Smart Meters Market Outlook, By Type (2016-2026) ($MN)
Table 32 Europe Smart Meters Market Outlook, By Component Type (2016-2026) ($MN)
Table 33 Europe Smart Meters Market Outlook, By Product (2016-2026) ($MN)
Table 34 Europe Smart Meters Market Outlook, By Communication Type (2016-2026) ($MN)
Table 35 Europe Smart Meters Market Outlook, By Technology Type (2016-2026) ($MN)
Table 36 Europe Smart Meters Market Outlook, By End User (2016-2026) ($MN)
Table 37 Asia Pacific Smart Meters Market Outlook, By Country (2016-2026) ($MN)
Table 38 Asia Pacific Smart Meters Market Outlook, By Type (2016-2026) ($MN)
Table 39 Asia Pacific Smart Meters Market Outlook, By Component Type (2016-2026) ($MN)
Table 40 Asia Pacific Smart Meters Market Outlook, By Product (2016-2026) ($MN)
Table 41 Asia Pacific Smart Meters Market Outlook, By Communication Type (2016-2026) ($MN)
Table 42 Asia Pacific Smart Meters Market Outlook, By Technology Type (2016-2026) ($MN)
Table 43 Asia Pacific Smart Meters Market Outlook, By End User (2016-2026) ($MN)
Table 44 South America Smart Meters Market Outlook, By Country (2016-2026) ($MN)
Table 45 South America Smart Meters Market Outlook, By Type (2016-2026) ($MN)
Table 46 South America Smart Meters Market Outlook, By Component Type (2016-2026) ($MN)
Table 47 South America Smart Meters Market Outlook, By Product (2016-2026) ($MN)
Table 48 South America Smart Meters Market Outlook, By Communication Type (2016-2026) ($MN)
Table 49 South America Smart Meters Market Outlook, By Technology Type (2016-2026) ($MN)
Table 50 South America Smart Meters Market Outlook, By End User (2016-2026) ($MN)
Table 51 Middle East & Africa Smart Meters Market Outlook, By Country (2016-2026) ($MN)
Table 52 Middle East & Africa Smart Meters Market Outlook, By Type (2016-2026) ($MN)
Table 53 Middle East & Africa Smart Meters Market Outlook, By Component Type (2016-2026) ($MN)
Table 54 Middle East & Africa Smart Meters Market Outlook, By Product (2016-2026) ($MN)
Table 55 Middle East & Africa Smart Meters Market Outlook, By Communication Type (2016-2026) ($MN)
Table 56 Middle East & Africa Smart Meters Market Outlook, By Technology Type (2016-2026) ($MN)
Table 57 Middle East & Africa Smart Meters Market Outlook, By End User (2016-2026) ($MN)