アジア太平洋地域のスマート計測市場　第7版

• In-depth market profiles of China, Japan, South Korea, Taiwan, Bangladesh, India, Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Australia and New Zealand.
• 360-degree overview of next-generation PLC, RF and cellular technologies for smart grid communications.
• Profiles of the key players in the smart metering industry in Asia-Pacific.
• New forecasts for smart electricity and gas meters until 2030.
• Analysis of the latest market and industry developments in each of the countries.
• Case studies of smart metering projects by the leading energy groups.

Asia-Pacific now home to nearly 1.1 billion connected energy meters

Smart metering is widely regarded as the cornerstone for future smart grids and is currently being deployed all over the developed world, with a growing number of large-scale initiatives now also being launched in developing countries. Asia-Pacific constitutes the world’s largest metering market by far with more than 1.8 billion electricity and gas customers – more than North America and Europe combined. Annual demand for electricity meters in the region is in the range of 130–180 million units, of which China accounts for roughly half. The region saw a wave of massive smart metering projects being launched during the first half of the past decade and several utilities in the region are now preparing for rollouts of second-generation meters to take off, driven by new smart meter functionalities and smart energy use cases. Other markets in South and Southeast Asia are on the other hand just beginning their smart metering journeys, following in the footsteps of the leading markets in East Asia.

Berg Insight forecasts that the installed base of smart electricity meters in Asia-Pacific – defined as China, Japan, South Korea, Taiwan, Bangladesh, India, Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Australia and New Zealand – will grow at a compound annual growth rate (CAGR) of 6.8 percent throughout the forecast period, from 857.6 million in 2024 to nearly 1.3 billion in 2030. Shipments will to a large extent be driven by first-wave installations in India as well as by replacements of first-generation meters in China and Japan, while emerging markets in South and Southeast Asia will contribute with increasing volumes throughout the forecast period. In total, Berg Insight forecasts that around 924.7 million smart electricity meters will be shipped in Asia Pacific during 2025–2030. The installed base of smart gas metering endpoints in the region is at the same time expected to grow at a CAGR of 10.9 percent throughout the forecast period, from 237.1 million in 2024 to 442.2 million in 2030. China accounts for the vast majority of the market, both in terms of installed base and annual shipment volumes, although emerging markets are expected to account for a significant increase in annual shipments throughout the forecast period. India for example aims to increase the number of piped natural gas connections more than ninefold – from around 14 million in 2024 to more than 125 million in 2034.

East Asia – defined as China, Japan, South Korea and Taiwan – has led the adoption of smart metering technology in Asia-Pacific with ambitious national rollouts and today accounts for around 91 percent of the installed base of smart electricity meters in the region. The rollouts of smart electricity meters in China and Japan are now complete. The nationwide rollout in South Korea has suffered a number of delays and the national utility KEPCO now aims to complete the rollout by the end of 2025. Taiwan is the least mature market in East Asia and boasts an installed base of just 3.4 million smart meters. In China and Japan, replacements of first-generation smart meters have already begun and will dominate shipment volumes in the region in the coming years. East Asia also constitutes the leading adopter of smart gas metering technology in Asia-Pacific, accounting for nearly all installed devices and forecasted shipment volumes in the coming years.

South Asia – defined as India and Bangladesh – will constitute the fastest growing smart electricity metering market in Asia-Pacific throughout the forecast period with ambitious governmental initiatives now in place in both India and Bangladesh. The former has for example set a highly ambitious target of reaching 250 million installed smart prepayment meters by 2026 – a target that will however not be met. Berg Insight anticipates that the installed base of smart electricity meters in South Asia will grow at a CAGR of 52.4 percent throughout the forecast period, reaching 324.5 million units installed in 2030.

Southeast Asia – defined as Thailand, Vietnam, Indonesia, Malaysia, Singapore, Brunei Darussalam and the Philippines – on the other hand remains the most nascent smart metering market in Asia-Pacific, although some countries have made notable progress with major projects now underway. Singapore is on track to complete its nationwide rollout within the next year, while the main utility in Malayasia is in the midst of a large-scale deployment. The small country of Brunei is at the same time rolling out smart prepayment meters for all electricity customers. The main utilities in Indonesia and Thailand are by contrast at the very beginning of their large-scale smart metering implementation plans while the leading utilities in the Philippines have similar ambitions. In Vietnam, the national utility has rolled out basic remote metering technologies for years with a vision to eventually transition to more advanced technologies. Australasia – defined as Australia and New Zealand – is characterised by a market-driven and retailer-led approach to smart metering. In the case of Australia, however, recent changes to the regulatory framework have strengthened the role of mandated deployment over market forces. More than half of all smart meters in Australia are now smart while New Zealand has reached a natural saturation of more than 90 percent with second-generation installations now about to take off.

The markets in Asia-Pacific are largely dominated by local or regional players and only a few companies such as Landis+Gyr, Itron, EDMI (Osaki Electric) and Trilliant have managed to establish a notable presence in multiple markets across the region. In terms of smart meter communications, domestic PLC technologies dominate the electricity markets in China and South Korea while RF mesh is the main option in Japan, Singapore and Malaysia. Cellular communications has meanwhile emerged as the dominant technology in Australasia as well as in India, where RF mesh also has a significant market share. The LPWA technologies NB-IoT, LTE-M, LoRa and Sigfox have at the same time emerged as the favoured options for smart gas metering projects across Asia-Pacific, although major regional differences exist.

 Executive Summary

1 Smart Grids and Intelligent Meters

1.1 Introduction to smart grids

1.2 Smart metering

1.2.1 Smart metering applications
1.2.2 Smart metering infrastructure
1.2.3 Benefits of smart metering

1.3 Project strategies

1.3.1 System design and sourcing
1.3.2 Rollout and integration
1.3.3 Implementation and operation
1.3.4 Communication with customers

1.4 Regulatory issues

1.4.1 Models for the introduction of smart meters
1.4.2 Standardisation
1.4.3 Individual rights issues

2 IoT Networks and Communications Technologies

2.1 IoT network technologies

2.1.1 Network architecture
2.1.2 Unlicensed and licensed frequency bands
2.2 PLC technology and standards
2.2.1 International standards organisations
2.2.2 G3-PLC
2.2.3 PRIME
2.2.4 Meters & More

2.3 3GPP cellular and LPWA technologies

2.3.1 2G/3G/4G/5G cellular technologies and IoT
2.3.2 NB-IoT and LTE-M
2.3.3 The role of cellular networks in smart meter communications
2.3.4 LoRa & LoRaWAN
2.3.5 Sigfox

2.4 IEEE 802.15.4-based RF

2.4.1 IEEE 802.15.4
2.4.2 Wi-SUN
2.4.3 Proprietary IPv6 connectivity stacks based on 802.15.4

3 Smart Metering Industry Players

3.1 Meter vendors

3.1.1 Itron
3.1.2 Landis+Gyr
3.1.3 Honeywell
3.1.4 Aichi Tokei Denki
3.1.5 Allied Engineering Works
3.1.6 Avon Meters
3.1.7 Azbil Kimmon
3.1.8 Bentec
3.1.9 Capital Power Systems
3.1.10 Chung-Hsin Electric & Machinery
3.1.11 CHINT Instrument & Meter
3.1.12 Clou Electronics
3.1.13 Dongfang Wisdom Electric
3.1.14 EDMI (Osaki Electric)
3.1.15 Fuji Electric
3.1.16 Genus Power Infrastructures
3.1.17 GoldCard Smart Group
3.1.18 Gridspertise
3.1.19 Hexing Electrical
3.1.20 HPL Electric & Power
3.1.21 Holley Technology
3.1.22 Iljin Electric
3.1.23 Innover Technology
3.1.24 ITI Limited
3.1.25 KAIFA Technology
3.1.26 Kimbal Technologies
3.1.27 Linyang Energy
3.1.28 Londian Wason Holdings Group
3.1.29 LS Electric
3.1.30 Mitsubishi Electric
3.1.31 Omni System
3.1.32 Osaki Electric
3.1.33 PSTEC
3.1.34 Sanxing Electric
3.1.35 Schneider Electric
3.1.36 Secure Meters
3.1.37 Star Instrument
3.1.38 Suntront Technology
3.1.39 Sunrise Technology
3.1.40 Tatung Company
3.1.41 Toshiba Toko Meter Systems
3.1.42 TOYOKEIKI
3.1.43 Wasion
3.1.44 Viewshine
3.1.45 XJ Electric
3.1.46 ZenMeter (Enzen)
3.1.47 Yazaki Group
3.1.48 ZENNER Metering Technology

3.2 Communications technology and connectivity service providers

3.2.1 Bharti Airtel
3.2.2 Chunghwa Telecom
3.2.3 CyanConnode
3.2.4 Fujitsu
3.2.5 Genesis Gas Solutions
3.2.6 Reliance Jio
3.2.7 KDDI
3.2.8 NuriFlex
3.2.9 Telstra
3.2.10 Trilliant
3.2.11 UnaBiz
3.2.12 Ubiik
3.2.13 Wirepas
3.2.14 Vodafone
3.2.15 Chinese & Korean PLC communications technology providers

3.3 Software providers and system integrators

3.3.1 Accenture
3.3.2 EDF
3.3.3 Esyasoft Technologies
3.3.4 Fluentgrid
3.3.5 GE Vernova
3.3.6 Hansen Technologies
3.3.7 IBM
3.3.8 Larsen & Toubro
3.3.9 Oculin Tech
3.3.10 Oracle
3.3.11 SAP
3.3.12 Siemens

4 Market Profiles

4.1 Regional summary

4.2 China

4.2.1 Electricity and gas utility industry structure
4.2.2 Smart grid policies and initiatives
4.2.3 Smart meter rollouts

4.3 Japan

4.3.1 Electricity and gas utility industry structure
4.3.2 Smart grid and metering initiatives
4.4 South Korea
4.4.1 Electricity and gas utility industry structure
4.4.2 Smart grid and metering initiatives

4.5 Taiwan

4.5.1 Electricity industry structure
4.5.2 Smart grid and metering initiatives
4.5.3 Gas utility industry structure and smart metering initiatives

4.6 Bangladesh

4.6.1 Electricity and gas utility industry structure
4.6.2 Smart grid and metering initiatives

4.7 India

4.7.1 Electricity utility industry structure
4.7.2 Smart grid policies and initiatives
4.7.3 Government-funded projects and schemes
4.7.4 Private sector initiatives
4.7.5 Gas utility industry structure and smart metering initiatives

4.8 Brunei

4.8.1 Electricity industry structure
4.8.2 Smart grid and metering initiatives

4.9 Indonesia

4.9.1 Electricity and gas utility industry structure
4.9.2 Smart grid and metering initiatives

4.10 Malaysia

4.10.1 Electricity utility industry structure
4.10.2 Smart grid and metering initiatives

4.11 Philippines

4.11.1 Electricity utility industry structure
4.11.2 Smart grid and metering initiatives

4.12 Singapore

4.12.1 Electricity and gas utility industry structure
4.12.2 Smart grid and metering initiatives

4.13 Thailand

4.13.1 Electricity and gas utility industry structure
4.13.2 Smart grid and metering initiatives

4.14 Vietnam

4.14.1 Electricity utility industry structure
4.14.2 Smart grid and metering initiatives

4.15 Australia

4.15.1 Electricity and gas utility industry structure
4.15.2 Early smart meter rollout and demonstration projects
4.15.3 Market reforms and transition to market-driven smart meter rollouts

4.16 New Zealand

4.16.1 Electricity utility industry structure
4.16.2 Smart grid and metering initiatives

5 Market Analysis

5.1 Smart electricity metering

5.1.1 Market forecasts
5.1.2 Technology trends
5.1.3 Industry analysis
5.1.4 Technology vendors

5.2 Smart gas metering

5.2.1 Technology trends and vendors

6 Case Studies

6.1 EESL and IntelliSmart
6.2 EVNCPC
6.3 Intellihub
6.4 Korea Electric Power Corporation
6.5 State Grid Corporation of China
6.6 Tokyo Electric Power Company
6.7 Bluecurrent (Vector)
6.8 Western Power
Glossary

List of Figures

Figure 1.1: Smart metering infrastructure ……………. 9
Figure 1.2: Examples of smart electricity meters ………… 10
Figure 2.1: Standard model for smart grid communications networks …….. 20
Figure 2.2: Alternative model for smart grid communications networks …… 21
Figure 2.3: Examples of unlicensed and licensed frequency bands for wireless IoT….. 22
Figure 2.4: Selected members of the G3-PLC Alliance by industry ………. 27
Figure 2.5: Selected members of the PRIME Alliance by industry ……… 29
Figure 2.6: Selected members of the Meters & More Association by industry ….. 30
Figure 2.7: Comparison of LTE-M and NB-IoT specifications ………. 32
Figure 2.8: Select public LoRaWAN network operators in APAC (Q2-2025) …… 35
Figure 2.9: Select Sigfox network operators in Asia-Pacific (Q2-2025) …….. 36
Figure 2.10: Selected members of the Wi-SUN Alliance by industry …….. 38
Figure 2.11: Major 802.15.4 networking platforms for smart metering (Q1-2025) …… 39
Figure 3.1: Major energy meter vendor company data (World FY2024/FY2025) …. 42
Figure 4.1: Major smart metering projects in the Asia-Pacific region (Q3-2025) …. 110
Figure 4.2: The main electricity distributors in Japan ………… 119
Figure 4.3: Top five energy utilities in South Korea (2024) ………. 125
Figure 4.4: Smart meters deployed across Taiwan by municipality/county (March 2025) … 132
Figure 4.5: Natural gas DSOs in Taiwan (March 2025) ………… 135
Figure 4.6: Electricity DSOs in Bangladesh (2024) …………. 138
Figure 4.7: Natural gas DSOs in Bangladesh (2024) …………. 139
Figure 4.8: Top 35 state-owned electricity DSOs in India (H1-2024) ……. 146
Figure 4.9: The 15 largest sanctioned smart electricity meter deployments (August 2025) …. 152
Figure 4.10: Major AMISPs in India (Q1-2025) …………. 154
Figure 4.11: Top 10 City Gas Distribution players in India (Q1-2025) …….. 157
Figure 4.12: Smart meter implementation timeline …………. 164
Figure 4.13: Smart meters deployed across Indonesia (Q4-2024)………. 165
Figure 4.14: Electricity DSOs in Malaysia …………… 168
Figure 4.15: Major electricity DSOs in the Philippines (2024) …….. 172
Figure 4.16: Smart Distribution Utility Roadmap ………….. 173
Figure 4.17: Household electricity retailer market shares in the OEM (Singapore Q2-2025) .. 177
Figure 4.18: Electricity DSOs in Thailand (2024) …………. 181
Figure 4.19: Electricity and gas utilities in Australia (2024) ………… 188
Figure 4.20: Residential electricity and gas retailers in NEM (mid-2024) …… 189
Figure 4.21: Smart metering deployments in Victoria………… 190
Figure 4.22: Major metering service providers in NEM ………. 193
Figure 4.23: Electricity retailer market shares (New Zealand Q4-2024) …….. 196
Figure 4.24: Top Meter Equipment Providers (MEPs) (New Zealand Q4-2024) …. 197
Figure 5.1: Smart electricity meter shipments (APAC 2024–2030) ………. 203
Figure 5.2: Smart electricity meter installed base (APAC 2024–2030) ……. 204
Figure 5.3: Smart gas metering shipments and penetration rate (APAC 2024–2030) …. 221
Figure 6.1: EESL smart meter deployments by state/territory (2025) …….. 229