出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年2月
スマートメーター市場 : タイプ (電気ガス、水道)、コンポーネント、技術 (AMI & AMR)、通信 (RF、PLC、セルラー)、エンドユーザー (住宅、商業、産業)、地域別 – 2028年までの世界予測
Smart Meter Market by Type (Electric Gas, and Water), Component, Technology (AMI & AMR), Communication (RF, PLC, and Cellular), End-user (Residential, Commercial, Industrial) and Region – Global Forecast to 2028
| ページ数 | 308 |
| 図表数 | 366 |
| 種別 | 英文調査報告書 |
| 価格 |
The global smart meter market is estimated to grow from USD 23.1 Billion in 2023 to USD 36.3 Billion by 2028; it is expected to record a CAGR of 9.4% during the forecast period. Governments worldwide are undertaking several initiatives to meet future electricity demands and are focusing on reducing carbon footprint by promoting the use of renewable energy sources to produce energy. Smart meters will play a crucial role in achieving these initiatives.
“Software: The fastest segment of the smart meter market, by component “
Based on components, the smart meter market has been split into hardware and software. The customer information system (CIS), meter data management system (MDMS), and metering and billing software are critical software components of smart meters. The software helps manage the operations of smart meters once deployed by the utilities. Smart meter software aids in the detection of abnormal utility consumption patterns and the accurate billing of consumers.
“AMI segment is expected to emerge as the largest segment based on technology”
By technology, the smart meter market has been segmented into AMI & AMR. AMI enables the meters to collect and transmit data on utility and energy use in real-time. The foundation of smart grid projects is smart meters employing AMI technology, and rising investment in such projects serves as a major growth driver for the market for AMI smart meters
“Europe is expected to be the second largest market during the forecast period.”
Europe is expected to be the second-largest market in the global smart meters in 2022 and is among the pioneers in adopting smart meters technology. Major western European countries such as France, Germany, Italy, Spain, and the UK are mature markets for smart meters. The European Union has already started the modernization and transformation toward a climate-neutral economy and plans to become the world’s first major economy to go climate neutral by 2050.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 30%and Tier 3- 25%
By Designation: C-Level- 35%, Directors – 25%, and Others- 40%
By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, the Middle East & Africa- 12%, and South America- 8%
Note: Others includes product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The smart meter market is dominated by a few major players that have a wide regional presence. The leading players in the smart meter market are Schneider Electric (France), Landis+Gyr (Switzerland), Itron (US), Siemens (Germany), Wasion Group (China), Badger Meter (US), and Sensus (Xylem) (US)
Research Coverage:
The report defines, describes, and forecasts the global smart meter market, by type, component, technology, communication, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the smart meter market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for smart meter market, which would help equipment manufacturers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
目次
1 INTRODUCTION 37
1.1 STUDY OBJECTIVES 37
1.2 MARKET DEFINITION 37
1.3 INCLUSIONS AND EXCLUSIONS 38
1.3.1 SMART METER MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 38
1.3.2 SMART METER MARKET, BY COMPONENT: INCLUSIONS AND EXCLUSIONS 38
1.3.3 SMART METER MARKET, BY COMMUNICATION: INCLUSIONS AND EXCLUSIONS 38
1.3.4 SMART METER MARKET, BY TECHNOLOGY: INCLUSIONS AND EXCLUSIONS 39
1.3.5 SMART METER MARKET, BY END USER: INCLUSIONS AND EXCLUSIONS 39
1.4 MARKET SCOPE 39
1.4.1 MARKETS COVERED 39
1.4.2 REGIONAL SCOPE 40
1.4.3 YEARS CONSIDERED 40
1.5 CURRENCY CONSIDERED 41
1.6 LIMITATIONS 41
1.7 STAKEHOLDERS 41
1.8 SUMMARY OF CHANGES 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
FIGURE 1 SMART METER MARKET: RESEARCH DESIGN 44
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 45
FIGURE 2 DATA TRIANGULATION 45
2.2.1 SECONDARY DATA 46
2.2.1.1 Key data from secondary sources 46
2.2.2 PRIMARY DATA 46
2.2.2.1 Key insights from primary sources 47
2.2.2.2 Breakdown of primaries 47
2.3 SCOPE 48
FIGURE 3 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR SMART METERS 49
2.4 MARKET SIZE ESTIMATION 49
2.4.1 BOTTOM-UP APPROACH 50
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 50
2.4.2 TOP-DOWN APPROACH 51
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 51
2.4.3 DEMAND-SIDE ANALYSIS 52
2.4.3.1 Regional analysis 52
2.4.3.2 Country-level analysis 53
2.4.3.3 Assumptions for demand-side analysis 53
2.4.3.4 Calculations for demand-side analysis 53
2.4.4 SUPPLY-SIDE ANALYSIS 54
FIGURE 6 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF SMART METERS 54
FIGURE 7 SMART METER MARKET: SUPPLY-SIDE ANALYSIS 54
2.4.4.1 Calculations for supply-side analysis 55
2.4.4.2 Assumptions for supply-side analysis 55
FIGURE 8 COMPANY REVENUE ANALYSIS, 2021 55
2.5 FORECAST 56
2.6 RISK ASSESSMENT 56
2.7 RECESSION IMPACT 56
3 EXECUTIVE SUMMARY 57
TABLE 1 SNAPSHOT OF SMART METER MARKET 58
FIGURE 9 AMI SEGMENT TO HOLD LARGER SHARE OF SMART METER MARKET DURING FORECAST PERIOD 59
FIGURE 10 SMART ELECTRIC METER SEGMENT TO LEAD SMART METER MARKET DURING FORECAST PERIOD 59
FIGURE 11 CELLULAR SEGMENT TO LEAD SMART METER MARKET DURING FORECAST PERIOD 60
FIGURE 12 HARDWARE SEGMENT TO HOLD LARGER SHARE OF SMART METER MARKET DURING FORECAST PERIOD 60
FIGURE 13 RESIDENTIAL SEGMENT TO LEAD SMART METER MARKET DURING FORECAST PERIOD 61
FIGURE 14 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF SMART METER MARKET IN 2022 61
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART METER MARKET 63
FIGURE 15 GROWING NEED TO IMPROVE RELIABILITY OF GRID INFRASTRUCTURES AND REDUCE WATER LOSSES 63
4.2 ASIA PACIFIC SMART METER MARKET, BY END USER AND COUNTRY 64
FIGURE 16 RESIDENTIAL SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC SMART METER MARKET IN 2022 64
4.3 SMART METER MARKET, BY TYPE 64
FIGURE 17 SMART ELECTRIC METER SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028 64
4.4 SMART METER MARKET, BY END USER 65
FIGURE 18 RESIDENTIAL SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028 65
4.5 SMART METER MARKET, BY TECHNOLOGY 65
FIGURE 19 AMI SEGMENT TO LEAD SMART METER MARKET IN 2028 65
4.6 SMART METER MARKET, BY COMPONENT 66
FIGURE 20 HARDWARE SEGMENT TO HOLD LARGER SHARE OF SMART METER MARKET IN 2028 66
4.7 SMART METER MARKET, BY COMMUNICATION 66
FIGURE 21 CELLULAR SEGMENT TO DOMINATE SMART METER MARKET IN 2028 66
5 MARKET OVERVIEW 67
5.1 INTRODUCTION 67
5.2 MARKET DYNAMICS 67
FIGURE 22 SMART METER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 67
5.2.1 DRIVERS 68
5.2.1.1 Supportive government regulations pertaining to digitalization of grids 68
FIGURE 23 INVESTMENT SHARE PERCENTAGE OF DIGITAL GRID INFRASTRUCTURE IN GLOBAL ELECTRICITY INVESTMENT, 2014–2019 69
5.2.1.2 Rising adoption of smart meters to monitor utility systems in real time 69
5.2.1.3 Dynamic pricing of utilities 69
5.2.1.4 Reduced blackouts and failures of utility systems 70
5.2.1.5 Increased need to monitor energy consumption to achieve carbon neutrality 70
5.2.2 RESTRAINTS 71
5.2.2.1 High setup and operational costs and limited availability of low-cost digital upgrades 71
5.2.2.2 Decline in infrastructure development investments and low return on investment 71
5.2.3 OPPORTUNITIES 72
5.2.3.1 Focus of governments worldwide on reducing aggregate technical and commercial losses 72
FIGURE 24 GLOBAL INVESTMENTS IN SMART GRID INFRASTRUCTURE, 2014–2019 73
5.2.3.2 Integration of artificial intelligence (AI) and machine learning (ML) technologies into smart meters 73
5.2.3.3 Rising adoption of electric and hybrid vehicles 74
FIGURE 25 GLOBAL ELECTRIC VEHICLE (EV) STOCKS, 2016–2020 (MILLION UNITS) 74
5.2.3.4 Increasing focus of developing countries on improving water distribution networks 74
TABLE 2 WATER AND WASTEWATER TREATMENT PROJECTS IN INDIA 75
5.2.4 CHALLENGES 75
5.2.4.1 Maintenance, security, and integrity of smart meters and associated data and requirement for skilled professionals 75
5.2.4.2 Dependency on reliable connections between smart meters and smart grid devices to collect highly accurate data 76
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 76
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMART METER PROVIDERS 76
FIGURE 26 REVENUE SHIFT FOR SMART METER PROVIDERS 77
5.4 MARKET MAP 77
TABLE 3 SMART METER MARKET: ECOSYSTEM ANALYSIS 77
FIGURE 27 MARKET MAP/ECOSYSTEM ANALYSIS 78
5.5 VALUE/SUPPLY CHAIN ANALYSIS 78
FIGURE 28 SMART METER MARKET: VALUE CHAIN ANALYSIS 79
5.5.1 RAW MATERIAL/COMPONENT PROVIDERS 79
5.5.2 SMART METER MANUFACTURERS 79
5.5.3 DISTRIBUTORS AND AFTER-SALES SERVICE PROVIDERS 79
5.5.4 END USERS 80
5.6 AVERAGE SELLING PRICE (ASP) ANALYSIS 80
FIGURE 29 AVERAGE SELLING PRICE OF PRODUCTS OFFERED KEY PLAYERS, BY TYPE 80
TABLE 4 AVERAGE SELLING PRICE OF PRODUCTS OFFERED BY KEY PLAYERS, BY TYPE (USD) 80
5.7 TECHNOLOGY ANALYSIS 81
5.7.1 SMART METER MARKET BASED ON DIFFERENT TECHNOLOGIES 81
5.8 TARIFFS, CODES, AND REGULATIONS 81
5.8.1 TARIFFS RELATED TO SMART METER MARKET 81
5.8.2 CODES AND REGULATIONS RELATED TO SMART METER MARKET 82
TABLE 5 SMART METER MARKET: CODES AND REGULATIONS 82
5.8.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 6 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 10 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
5.9 PATENT ANALYSIS 86
TABLE 11 SMART METER MARKET: INNOVATION AND PATENT REGISTRATION 86
5.10 TRADE ANALYSIS 87
5.10.1 EXPORT SCENARIO 87
TABLE 12 EXPORT SCENARIO FOR HS CODE: 9028, BY COUNTRY, 2019–2021 (USD THOUSAND) 88
5.10.2 IMPORT SCENARIO 88
TABLE 13 IMPORT SCENARIO FOR HS CODE: 9028, BY COUNTRY, 2019–2021 (USD THOUSAND) 89
5.11 KEY CONFERENCES AND EVENTS, 2022–2023 90
TABLE 14 SMART METER MARKET: LIST OF CONFERENCES AND EVENTS 90
5.12 CASE STUDY ANALYSIS 91
5.12.1 SMART WATER SYSTEM HELPED CITY OF MONROE TO IDENTIFY INDIVIDUAL LEAKING HOUSES AFTER WINTER STORMS 91
5.12.2 SMART METERING HELPED TURN BUDGET DEFICIT UTILITY COMPANY INTO BUDGET PLUS COMPANY 92
5.12.3 KAMSTRUP HELPED RURAL MUNICIPALITY IN ONEIDA, TENNESSEE, REVERSE WATER LOSS 92
5.13 PORTER’S FIVE FORCES ANALYSIS 93
TABLE 15 SMART METER MARKET: PORTER’S FIVE FORCES ANALYSIS 93
FIGURE 30 SMART METER MARKET: PORTER’S FIVE FORCES ANALYSIS 93
5.13.1 THREAT OF SUBSTITUTES 94
5.13.2 BARGAINING POWER OF SUPPLIERS 94
5.13.3 BARGAINING POWER OF BUYERS 94
5.13.4 THREAT OF NEW ENTRANTS 94
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 95
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 95
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 95
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 95
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%) 95
5.14.2 BUYING CRITERIA 96
FIGURE 32 KEY BUYING CRITERIA FOR END USERS 96
TABLE 17 KEY BUYING CRITERIA, BY END USER 96
6 SMART METER MARKET, BY TYPE 97
6.1 INTRODUCTION 98
FIGURE 33 SMART METER MARKET SHARE, BY TYPE, 2022 (%) 98
TABLE 18 SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 98
6.2 SMART ELECTRIC METER 98
6.2.1 RISING NEED TO IMPROVE RELIABILITY OF POWER INFRASTRUCTURE 98
TABLE 19 SMART ELECTRIC METER: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 99
6.3 SMART GAS METER 99
6.3.1 GROWING NEED TO REDUCE GAS CONSUMPTION 99
TABLE 20 SMART GAS METER: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 99
6.4 SMART WATER METER 100
6.4.1 INCREASING NEED TO REDUCE NON-REVENUE WATER LOSSES 100
TABLE 21 SMART WATER METER: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 100
7 SMART METER MARKET, BY COMPONENT 101
7.1 INTRODUCTION 102
FIGURE 34 SMART METER MARKET, BY COMPONENT, 2022 102
TABLE 22 SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 102
7.2 HARDWARE 102
TABLE 23 HARDWARE: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 103
TABLE 24 HARDWARE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 103
7.2.1 POWER SYSTEM 103
7.2.1.1 Power systems ensure that metering electronics remain operational even when mainline is turned off 103
7.2.2 MICROCONTROLLER 103
7.2.2.1 Integration of AI or IoT with microcontrollers makes them consumer-friendly 103
7.2.3 COMMUNICATION INTERFACE 104
7.2.3.1 Communication interface transmits data from utilities to consumers 104
7.3 SOFTWARE 104
TABLE 25 SOFTWARE: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 104
TABLE 26 SOFTWARE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 105
7.3.1 CUSTOMER INFORMATION SYSTEM (CIS) 105
7.3.1.1 Improves communication between consumers and service providers 105
7.3.2 METER DATA MANAGEMENT SYSTEM (MDMS) 105
7.3.2.1 Enables large data management with multiple users 105
7.3.3 METERING AND BILLING SOFTWARE 105
7.3.3.1 Increases billing transparency 105
8 SMART METER MARKET, BY TECHNOLOGY 106
8.1 INTRODUCTION 107
FIGURE 35 AMI SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2022 107
TABLE 27 SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 107
8.2 AUTOMATIC METER READING (AMR) 107
8.2.1 AUTOMATIC METER READING (AMR) HELPS REDUCE MANUAL INTERVENTION FOR DATA COLLECTION 107
TABLE 28 AMR: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 108
8.3 ADVANCED METERING INFRASTRUCTURE (AMI) 108
8.3.1 ADVANCED METERING INFRASTRUCTURE (AMI) INCREASES RELIABILITY OF SMART METER INFRASTRUCTURE 108
TABLE 29 AMI: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 108
9 SMART METER MARKET, BY COMMUNICATION 109
9.1 INTRODUCTION 110
FIGURE 36 SMART METER MARKET, BY COMMUNICATION, 2022 110
TABLE 30 SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 110
9.2 RADIOFREQUENCY (RF) 111
9.2.1 LOW MAINTENANCE COST 111
TABLE 31 RF: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 111
9.3 POWER LINE COMMUNICATION (PLC) 112
9.3.1 EXCELLENT COMMUNICATION IN HARD-TO-REACH REGIONS 112
TABLE 32 PLC: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 112
9.4 CELLULAR 112
9.4.1 COST-EFFECTIVENESS AND FAST DATA TRANSMISSION RATE 112
TABLE 33 CELLULAR: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 113
10 SMART METER MARKET, BY END USER 114
10.1 INTRODUCTION 115
FIGURE 37 SMART METER MARKET, BY END USER, 2022 115
TABLE 34 SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 115
10.2 RESIDENTIAL 115
10.2.1 IMPROVED BILLING ACCURACY AND BENEFITS IN REAL-TIME MONITORING 115
TABLE 35 RESIDENTIAL: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 116
10.3 COMMERCIAL 116
10.3.1 IMPROVED ENERGY EFFICIENCY AND REMOTE MANAGEMENT OF ENERGY CONSUMPTION 116
TABLE 36 COMMERCIAL: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 116
10.4 INDUSTRIAL 117
10.4.1 RISING NEED TO IMPROVE ENERGY EFFICIENCY AND COMPLY WITH STANDARDS AND REGULATIONS 117
TABLE 37 INDUSTRIAL: SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 117
11 SMART METER MARKET, BY REGION 118
11.1 INTRODUCTION 119
FIGURE 38 ASIA PACIFIC SMART METER MARKET TO REGISTER HIGHEST CAGR FROM 2023 TO 2028 119
FIGURE 39 SMART METER MARKET, BY REGION, 2022 (%) 120
TABLE 38 SMART METER MARKET, BY REGION, 2021–2028 (USD MILLION) 120
TABLE 39 SMART METER MARKET, BY REGION, 2021–2028 (MILLION UNITS) 120
11.2 ASIA PACIFIC 121
FIGURE 40 ASIA PACIFIC: SNAPSHOT OF SMART METER MARKET 122
11.2.1 RECESSION IMPACT: ASIA PACIFIC 122
11.2.2 BY TYPE 123
TABLE 40 ASIA PACIFIC: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 123
11.2.3 BY COMMUNICATION 123
TABLE 41 ASIA PACIFIC: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 123
11.2.4 BY COMPONENT 123
TABLE 42 ASIA PACIFIC: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 123
TABLE 43 ASIA PACIFIC: SMART METER MARKET FOR SOFTWARE, BY TYPE, 2021–2028 (USD MILLION) 124
TABLE 44 ASIA PACIFIC: SMART METER MARKET FOR HARDWARE, BY TYPE, 2021–2028 (USD MILLION) 124
11.2.5 BY TECHNOLOGY 124
TABLE 45 ASIA PACIFIC: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 124
11.2.6 BY END USER 124
TABLE 46 ASIA PACIFIC: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 124
11.2.7 BY COUNTRY 125
TABLE 47 ASIA PACIFIC: SMART METER MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 125
11.2.7.1 China 125
11.2.7.1.1 Energy transition and shift toward smart electrification 125
TABLE 48 CHINA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 126
TABLE 49 CHINA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 126
TABLE 50 CHINA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 126
TABLE 51 CHINA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 126
TABLE 52 CHINA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 127
11.2.7.2 Australia 127
11.2.7.2.1 Government-led targets on net zero and renewable energy installations 127
TABLE 53 AUSTRALIA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 127
TABLE 54 AUSTRALIA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 128
TABLE 55 AUSTRALIA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 128
TABLE 56 AUSTRALIA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 128
TABLE 57 AUSTRALIA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 128
11.2.7.3 Japan 129
11.2.7.3.1 Rising focus on improving power quality in electricity infrastructure 129
TABLE 58 JAPAN: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 129
TABLE 59 JAPAN: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 129
TABLE 60 JAPAN: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 130
TABLE 61 JAPAN: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 130
TABLE 62 JAPAN: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 130
11.2.7.4 India 130
11.2.7.4.1 Supportive government policies 130
TABLE 63 INDIA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 131
TABLE 64 INDIA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 131
TABLE 65 INDIA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 131
TABLE 66 INDIA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 132
TABLE 67 INDIA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 132
11.2.7.5 South Korea 132
11.2.7.5.1 Rising focus on increasing share of renewable energy supply in power generation 132
TABLE 68 SOUTH KOREA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 133
TABLE 69 SOUTH KOREA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 133
TABLE 70 SOUTH KOREA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 133
TABLE 71 SOUTH KOREA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 133
TABLE 72 SOUTH KOREA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 134
11.2.7.6 Rest of Asia Pacific 134
TABLE 73 REST OF ASIA PACIFIC: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 134
TABLE 74 REST OF ASIA PACIFIC: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 135
TABLE 75 REST OF ASIA PACIFIC: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 135
TABLE 76 REST OF ASIA PACIFIC: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 135
TABLE 77 REST OF ASIA PACIFIC: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 135
11.3 EUROPE 136
FIGURE 41 EUROPE: SNAPSHOT OF SMART METER MARKET 137
11.3.1 RECESSION IMPACT: EUROPE 137
11.3.2 BY TYPE 138
TABLE 78 EUROPE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 138
11.3.3 BY COMMUNICATION 138
TABLE 79 EUROPE: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 138
11.3.4 BY COMPONENT 138
TABLE 80 EUROPE: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 138
TABLE 81 EUROPE: SMART METER MARKET FOR SOFTWARE, BY TYPE, 2021–2028 (USD MILLION) 138
TABLE 82 EUROPE: SMART METER MARKET FOR HARDWARE, BY TYPE, 2021–2028 (USD MILLION) 139
11.3.5 BY TECHNOLOGY 139
TABLE 83 EUROPE: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 139
11.3.6 BY END USER 139
TABLE 84 EUROPE: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 139
11.3.7 BY COUNTRY 140
TABLE 85 EUROPE: SMART METER MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 140
11.3.7.1 UK 140
11.3.7.1.1 Supportive government policies related to smart meter market 140
TABLE 86 UK: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 141
TABLE 87 UK: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 141
TABLE 88 UK: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 141
TABLE 89 UK: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 141
TABLE 90 UK: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 142
11.3.7.2 Germany 142
11.3.7.2.1 Rising requirement for smart meters to improve reliability of power infrastructures 142
TABLE 91 GERMANY: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 142
TABLE 92 GERMANY: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 143
TABLE 93 GERMANY: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 143
TABLE 94 GERMANY: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 143
TABLE 95 GERMANY: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 143
11.3.7.3 France 144
11.3.7.3.1 Supportive government regulations to build efficient power infrastructure 144
TABLE 96 FRANCE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 144
TABLE 97 FRANCE: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 144
TABLE 98 FRANCE: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 144
TABLE 99 FRANCE: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 145
TABLE 100 FRANCE: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 145
11.3.7.4 Italy 145
11.3.7.4.1 Rollout of next-generation smart meters 145
TABLE 101 ITALY: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 145
TABLE 102 ITALY: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 146
TABLE 103 ITALY: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 146
TABLE 104 ITALY: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 146
TABLE 105 ITALY: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 146
11.3.7.5 Spain 147
11.3.7.5.1 Need for reliable grid operations and reducing NRW losses 147
TABLE 106 SPAIN: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 147
TABLE 107 SPAIN: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 147
TABLE 108 SPAIN: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 147
TABLE 109 SPAIN: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 148
TABLE 110 SPAIN: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 148
11.3.7.6 Poland 148
11.3.7.6.1 Supportive government laws for smart grid development 148
TABLE 111 POLAND: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 148
TABLE 112 POLAND: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 149
TABLE 113 POLAND: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 149
TABLE 114 POLAND: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 149
TABLE 115 POLAND: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 149
11.3.7.7 Rest of Europe 150
TABLE 116 REST OF EUROPE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 150
TABLE 117 REST OF EUROPE: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 150
TABLE 118 REST OF EUROPE: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 150
TABLE 119 REST OF EUROPE: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 151
TABLE 120 REST OF EUROPE: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 151
11.4 NORTH AMERICA 151
11.4.1 RECESSION IMPACT: NORTH AMERICA 152
FIGURE 42 NORTH AMERICA: SNAPSHOT OF SMART METER MARKET 152
11.4.2 BY TYPE 153
TABLE 121 NORTH AMERICA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 153
11.4.3 BY COMMUNICATION 153
TABLE 122 NORTH AMERICA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 153
11.4.4 BY COMPONENT 153
TABLE 123 NORTH AMERICA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 153
TABLE 124 NORTH AMERICA: SMART METER MARKET FOR SOFTWARE, BY TYPE, 2021–2028 (USD MILLION) 154
TABLE 125 NORTH AMERICA: SMART METER MARKET FOR HARDWARE, BY TYPE, 2021–2028 (USD MILLION) 154
11.4.5 BY TECHNOLOGY 154
TABLE 126 NORTH AMERICA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 154
11.4.6 BY END USER 154
TABLE 127 NORTH AMERICA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 154
11.4.7 BY COUNTRY 155
TABLE 128 NORTH AMERICA: SMART METER MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 155
11.4.7.1 US 155
11.4.7.1.1 Implementation of climate change policies and rising investments in smart grid infrastructures 155
TABLE 129 US: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 156
TABLE 130 US: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 156
TABLE 131 US: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 156
TABLE 132 US: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 156
TABLE 133 US: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 157
11.4.7.2 Canada 157
11.4.7.2.1 Increasing domestic power consumption and upgrade of electric grid infrastructure to incorporate renewable energy 157
TABLE 134 CANADA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 157
TABLE 135 CANADA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 158
TABLE 136 CANADA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 158
TABLE 137 CANADA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 158
TABLE 138 CANADA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 158
11.4.7.3 Mexico 159
11.4.7.3.1 Massive smart meter rollout plans and government-led support 159
TABLE 139 MEXICO: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 159
TABLE 140 MEXICO: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 159
TABLE 141 MEXICO: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 159
TABLE 142 MEXICO: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 160
TABLE 143 MEXICO: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 160
11.5 MIDDLE EAST & AFRICA 160
11.5.1 RECESSION IMPACT: MIDDLE EAST & AFRICA 161
11.5.2 BY TYPE 161
TABLE 144 MIDDLE EAST & AFRICA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 161
11.5.3 BY COMMUNICATION 161
TABLE 145 MIDDLE EAST & AFRICA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 161
11.5.4 BY COMPONENT 162
TABLE 146 MIDDLE EAST & AFRICA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 162
TABLE 147 MIDDLE EAST & AFRICA: SMART METER MARKET FOR SOFTWARE, BY TYPE, 2021–2028 (USD MILLION) 162
TABLE 148 MIDDLE EAST & AFRICA: SMART METER MARKET FOR HARDWARE, BY TYPE, 2021–2028 (USD MILLION) 162
11.5.5 BY TECHNOLOGY 163
TABLE 149 MIDDLE EAST & AFRICA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 163
11.5.6 BY END USER 163
TABLE 150 MIDDLE EAST & AFRICA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 163
11.5.7 BY COUNTRY 163
TABLE 151 MIDDLE EAST & AFRICA: SMART METER MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 163
11.5.7.1 Saudi Arabia 164
11.5.7.1.1 Rising infrastructure development and growing need to enhance operational efficiency 164
TABLE 152 SAUDI ARABIA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 164
TABLE 153 SAUDI ARABIA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 164
TABLE 154 SAUDI ARABIA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 165
TABLE 155 SAUDI ARABIA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 165
TABLE 156 SAUDI ARABIA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 165
11.5.7.2 UAE 165
11.5.7.2.1 Increasing energy consumption and growing need to improve utility operations 165
TABLE 157 UAE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 166
TABLE 158 UAE: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 166
TABLE 159 UAE: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 166
TABLE 160 UAE: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 167
TABLE 161 UAE: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 167
11.5.7.3 South Africa 167
11.5.7.3.1 Growing need to reduce utility debts 167
TABLE 162 SOUTH AFRICA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 168
TABLE 163 SOUTH AFRICA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 168
TABLE 164 SOUTH AFRICA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 168
TABLE 165 SOUTH AFRICA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 168
TABLE 166 SOUTH AFRICA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 169
11.5.7.4 Israel 169
11.5.7.4.1 Rising focus on real-time monitoring to manage power usage 169
TABLE 167 ISRAEL: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 169
TABLE 168 ISRAEL: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 170
TABLE 169 ISRAEL: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 170
TABLE 170 ISRAEL: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 170
TABLE 171 ISRAEL: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 170
11.5.7.5 Egypt 171
11.5.7.5.1 Replacement of aging utility infrastructure to better manage electricity distribution 171
TABLE 172 EGYPT: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 171
TABLE 173 EGYPT: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 171
TABLE 174 EGYPT: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 172
TABLE 175 EGYPT: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 172
TABLE 176 EGYPT: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 172
11.5.7.6 Qatar 172
11.5.7.6.1 Transition to smart cities and smart infrastructure 172
TABLE 177 QATAR: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 173
TABLE 178 QATAR: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 173
TABLE 179 QATAR: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 173
TABLE 180 QATAR: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 173
TABLE 181 QATAR: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 174
11.5.7.7 Turkey 174
11.5.7.7.1 Reduction in duration of billing and human errors 174
TABLE 182 TURKEY: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 174
TABLE 183 TURKEY: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 175
TABLE 184 TURKEY: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 175
TABLE 185 TURKEY: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 175
TABLE 186 TURKEY: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 175
11.5.7.8 Rest of Middle East & Africa 176
TABLE 187 REST OF MIDDLE EAST & AFRICA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 176
TABLE 188 REST OF MIDDLE EAST & AFRICA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 176
TABLE 189 REST OF MIDDLE EAST & AFRICA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 177
TABLE 190 REST OF MIDDLE EAST & AFRICA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 177
TABLE 191 REST OF MIDDLE EAST & AFRICA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 177
11.6 SOUTH AMERICA 178
11.6.1 RECESSION IMPACT: SOUTH AMERICA 178
11.6.2 BY TYPE 178
TABLE 192 SOUTH AMERICA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 178
11.6.3 BY COMMUNICATION 179
TABLE 193 SOUTH AMERICA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 179
11.6.4 BY COMPONENT 179
TABLE 194 SOUTH AMERICA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 179
TABLE 195 SOUTH AMERICA: SMART METER MARKET FOR SOFTWARE, BY TYPE, 2021–2028 (USD MILLION) 179
TABLE 196 SOUTH AMERICA: SMART METER MARKET FOR HARDWARE, BY TYPE, 2021–2028 (USD MILLION) 180
11.6.5 BY TECHNOLOGY 180
TABLE 197 SOUTH AMERICA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 180
11.6.6 BY END USER 180
TABLE 198 SOUTH AMERICA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 180
11.6.7 BY COUNTRY 180
TABLE 199 SOUTH AMERICA: SMART METER MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 180
11.6.7.1 Brazil 181
11.6.7.1.1 Increasing need to improve operational efficiency 181
TABLE 200 BRAZIL: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 181
TABLE 201 BRAZIL: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 181
TABLE 202 BRAZIL: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 182
TABLE 203 BRAZIL: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 182
TABLE 204 BRAZIL: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 182
11.6.7.2 Argentina 182
11.6.7.2.1 Growing demand for renewable energy 182
TABLE 205 ARGENTINA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 183
TABLE 206 ARGENTINA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 183
TABLE 207 ARGENTINA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 183
TABLE 208 ARGENTINA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 183
TABLE 209 ARGENTINA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 184
11.6.7.3 Chile 184
11.6.7.3.1 Rising need to modernize utility infrastructure and reduce operational costs 184
TABLE 210 CHILE: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 184
TABLE 211 CHILE: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 185
TABLE 212 CHILE: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 185
TABLE 213 CHILE: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 185
TABLE 214 CHILE: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 185
11.6.7.4 Rest of South America 186
TABLE 215 REST OF SOUTH AMERICA: SMART METER MARKET, BY TYPE, 2021–2028 (USD MILLION) 186
TABLE 216 REST OF SOUTH AMERICA: SMART METER MARKET, BY COMMUNICATION, 2021–2028 (USD MILLION) 186
TABLE 217 REST OF SOUTH AMERICA: SMART METER MARKET, BY COMPONENT, 2021–2028 (USD MILLION) 187
TABLE 218 REST OF SOUTH AMERICA: SMART METER MARKET, BY TECHNOLOGY, 2021–2028 (USD MILLION) 187
TABLE 219 REST OF SOUTH AMERICA: SMART METER MARKET, BY END USER, 2021–2028 (USD MILLION) 187
12 COMPETITIVE LANDSCAPE 188
12.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 188
TABLE 220 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS OF SMART METERS 188
12.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021 189
FIGURE 43 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS IN SMART METER MARKET, 2021 189
TABLE 221 SMART METER MARKET: DEGREE OF COMPETITION 189
12.3 SMART METER MARKET SHARE ANALYSIS, 2021 190
12.4 FIVE-YEAR COMPANY REVENUE ANALYSIS 191
FIGURE 44 REVENUE ANALYSIS OF TOP FIVE PLAYERS IN SMART METER MARKET, 2017–2021 191
12.5 COMPANY EVALUATION MATRIX/QUADRANT, 2021 192
12.5.1 STARS 192
12.5.2 PERVASIVE PLAYERS 192
12.5.3 EMERGING LEADERS 192
12.5.4 PARTICIPANTS 192
FIGURE 45 SMART METER MARKET (GLOBAL): KEY COMPANY EVALUATION MATRIX, 2021 193
12.6 STARTUP/SME EVALUATION QUADRANT, 2021 193
12.6.1 PROGRESSIVE COMPANIES 193
12.6.2 RESPONSIVE COMPANIES 194
12.6.3 DYNAMIC COMPANIES 194
12.6.4 STARTING BLOCKS 194
FIGURE 46 SMART METER MARKET: STARTUP/SME EVALUATION QUADRANT, 2021 194
12.7 COMPETITIVE BENCHMARKING 195
TABLE 222 SMART METER MARKET: DETAILED LIST OF KEY STARTUPS/SMES 195
TABLE 223 SMART METER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 195
12.8 SMART METER MARKET: COMPANY FOOTPRINT 197
TABLE 224 TYPE: COMPANY FOOTPRINT 197
TABLE 225 COMPONENT: COMPANY FOOTPRINT 198
TABLE 226 END USER: COMPANY FOOTPRINT 199
TABLE 227 REGION: COMPANY FOOTPRINT 200
TABLE 228 COMPANY FOOTPRINT 201
12.9 COMPETITIVE SCENARIO 202
TABLE 229 SMART METER MARKET: PRODUCT LAUNCHES, SEPTEMBER 2019–NOVEMBER 2022 202
TABLE 230 SMART METER MARKET: DEALS, JULY 2019–OCTOBER 2022 202
TABLE 231 SMART METER MARKET: OTHERS, JULY 2021–FEBRUARY 2022 203
13 COMPANY PROFILES 204
(Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1 KEY PLAYERS 204
13.1.1 SCHNEIDER ELECTRIC 204
TABLE 232 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 204
FIGURE 47 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 205
TABLE 233 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS OFFERED 205
TABLE 234 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 206
TABLE 235 SCHNEIDER ELECTRIC: DEALS 206
TABLE 236 SCHNEIDER ELECTRIC: OTHERS 207
13.1.2 LANDIS+GYR 209
TABLE 237 LANDIS+GYR: COMPANY OVERVIEW 209
FIGURE 48 LANDIS+GYR: COMPANY SNAPSHOT 210
TABLE 238 LANDIS+GYR: PRODUCTS/SOLUTIONS OFFERED 210
TABLE 239 LANDIS+GYR: PRODUCT LAUNCHES 212
TABLE 240 LANDIS+GYR: DEALS 213
TABLE 241 LANDIS+GYR: OTHERS 215
13.1.3 ITRON, INC. 217
TABLE 242 ITRON, INC.: COMPANY OVERVIEW 217
FIGURE 49 ITRON, INC.: COMPANY SNAPSHOT 218
TABLE 243 ITRON, INC.: PRODUCTS/SOLUTIONS OFFERED 219
TABLE 244 ITRON, INC.: PRODUCT LAUNCHES 223
TABLE 245 ITRON, INC.: DEALS 224
TABLE 246 ITRON, INC.: OTHERS 225
13.1.4 SIEMENS 227
TABLE 247 SIEMENS: COMPANY OVERVIEW 227
FIGURE 50 SIEMENS: COMPANY SNAPSHOT 228
TABLE 248 SIEMENS: PRODUCTS/SOLUTIONS OFFERED 228
TABLE 249 SIEMENS: DEALS 231
TABLE 250 SIEMENS: OTHERS 231
13.1.5 WASION GROUP 233
TABLE 251 WASION GROUP: COMPANY OVERVIEW 233
FIGURE 51 WASION GROUP: COMPANY SNAPSHOT 234
TABLE 252 WASION GROUP: PRODUCTS/SOLUTIONS OFFERED 234
TABLE 253 WASION GROUP: DEALS 236
13.1.6 BADGER METER, INC. 240
TABLE 254 BADGER METER, INC.: COMPANY OVERVIEW 240
FIGURE 52 BADGER METER, INC.: COMPANY SNAPSHOT 241
TABLE 255 BADGER METER, INC.: PRODUCTS/SOLUTIONS OFFERED 242
TABLE 256 WASION GROUP: PRODUCT LAUNCHES 247
TABLE 257 BADGER METER, INC.: DEALS 247
13.1.7 SENSUS (XYLEM) 248
TABLE 258 SENSUS (XYLEM): COMPANY OVERVIEW 248
FIGURE 53 SENSUS (XYLEM): COMPANY SNAPSHOT 249
TABLE 259 SENSUS (XYLEM): PRODUCTS/SOLUTIONS OFFERED 250
TABLE 260 SENSUS XYLEM: PRODUCT LAUNCHES 258
TABLE 261 SENSUS XYLEM: DEALS 259
13.1.8 HONEYWELL INTERNATIONAL 260
TABLE 262 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW 260
FIGURE 54 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT 261
TABLE 263 HONEYWELL INTERNATIONAL: PRODUCTS/SOLUTIONS OFFERED 261
TABLE 264 HONEYWELL INTERNATIONAL: PRODUCT LAUNCHES 263
TABLE 265 HONEYWELL INTERNATIONAL: DEALS 263
13.1.9 LARSEN & TOUBRO 264
TABLE 266 LARSEN & TOUBRO: COMPANY OVERVIEW 264
FIGURE 55 LARSEN & TOUBRO: COMPANY SNAPSHOT 265
TABLE 267 LARSEN & TOUBRO: PRODUCTS/SOLUTIONS OFFERED 266
TABLE 268 LARSEN & TOUBRO: OTHERS 267
13.1.10 KAMSTRUP A/S 268
TABLE 269 KAMSTRUP A/S: COMPANY OVERVIEW 268
TABLE 270 KAMSTRUP A/S: PRODUCTS/SOLUTIONS OFFERED 269
TABLE 271 KAMSTRUP A/S: PRODUCT LAUNCHES 271
TABLE 272 KAMSTRUP A/S: DEALS 272
TABLE 273 KAMSTRUP A/S: OTHERS 273
13.1.11 GENUS POWER INFRASTRUCTURE 275
TABLE 274 GENUS POWER INFRASTRUCTURE: COMPANY OVERVIEW 275
FIGURE 56 GENUS POWER INFRASTRUCTURE: COMPANY SNAPSHOT 275
TABLE 275 GENUS POWER INFRASTRUCTURE: PRODUCTS/SOLUTIONS OFFERED 276
TABLE 276 GENUS POWER INFRASTRUCTURE: DEALS 277
13.1.12 ACLARA TECHNOLOGIES 278
TABLE 277 ACLARA TECHNOLOGIES: COMPANY OVERVIEW 278
TABLE 278 ACLARA TECHNOLOGIES: PRODUCTS/SOLUTIONS OFFERED 278
TABLE 279 ACLARA TECHNOLOGIES: PRODUCT LAUNCHES 279
TABLE 280 ACLARA TECHNOLOGIES: DEALS 280
TABLE 281 ACLARA TECHNOLOGIES: OTHERS 280
13.1.13 OSAKI ELECTRIC CO., LTD. (EDMI) 282
TABLE 282 OSAKI ELECTRIC CO., LTD. (EDMI): COMPANY OVERVIEW 282
TABLE 283 OSAKI ELECTRIC CO., LTD. (EDMI): PRODUCTS/SOLUTIONS OFFERED 282
TABLE 284 OSAKI ELECTRIC CO., LTD. (EDMI): PRODUCT LAUNCHES 289
TABLE 285 OSAKI ELECTRIC CO., LTD. (EDMI): DEALS 289
TABLE 286 OSAKI ELECTRIC CO. (EDMI): OTHERS 290
13.1.14 SAGEMCOM 291
TABLE 287 SAGEMCOM: COMPANY OVERVIEW 291
TABLE 288 SAGEMCOM: PRODUCTS/SOLUTIONS OFFERED 291
TABLE 289 SAGEMCOM: PRODUCT LAUNCHES 293
TABLE 290 SAGEMCOM: DEALS 293
13.1.15 ISKRAEMECO 294
TABLE 291 ISKRAEMECO: COMPANY OVERVIEW 294
TABLE 292 ISKRAEMECO: PRODUCTS/SOLUTIONS OFFERED 294
TABLE 293 ISKRAEMECO: PRODUCT LAUNCHES 295
TABLE 294 ISKRAEMECO: DEALS 296
TABLE 295 ISKRAEMECO: OTHERS 297
13.2 OTHER PLAYERS 298
13.2.1 JIANGSU LINYANG ELECTRONICS 298
TABLE 296 JIANGSU LINYANG ELECTRONICS 298
13.2.2 HEXING ELECTRICAL 299
TABLE 297 HEXING ELECTRICAL 299
13.2.3 NETWORKED ENERGY SERVICES CORPORATION 300
TABLE 298 NETWORKED ENERGY SERVICES CORPORATION 300
13.2.4 PIETRO FIORENTINI 301
TABLE 299 PIETRO FIORENTINI 301
13.2.5 SECURE METERS 302
TABLE 300 SECURE METERS 302
*Details on Business Overview, Products/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS 303
14.1 INTRODUCTION 303
14.2 LIMITATIONS 303
14.3 SMART METER INTERCONNECTED MARKETS 303
14.4 SMART WATER METER MARKET 304
14.4.1 MARKET DEFINITION 304
14.4.2 LIMITATIONS 304
14.4.3 MARKET OVERVIEW 304
14.4.4 SMART WATER METER MARKET, BY METER TYPE 304
14.4.4.1 Electromagnetic Meters 304
TABLE 301 ELECTROMAGNETIC METERS: SMART WATER METERING MARKET,
BY REGION, 2020–2027 (USD MILLION) 305
14.4.4.2 Ultrasonic meters 305
TABLE 302 ULTRASONIC METERS: SMART WATER METERING MARKET, BY REGION, 2020–2027 (USD MILLION) 305
14.4.4.3 Smart Mechanical meters 305
TABLE 303 SMART MECHANICAL METERS: SMART WATER METERING MARKET,
BY REGION, 2020–2027 (USD MILLION) 306
14.4.5 SMART METER MARKET, BY COMPONENT 306
TABLE 304 SMART WATER METERING MARKET, BY COMPONENT,
2020–2027 (USD MILLION) 306
14.4.5.1 Meters & Accessories 306
TABLE 305 METERS & ACCESSORIES: SMART WATER METERING MARKET, BY REGION, 2020–2027 (USD MILLION) 307
14.4.5.2 IT Solutions 307
TABLE 306 IT SOLUTIONS: SMART WATER METERING MARKET, BY REGION,
2020–2027 (USD MILLION) 307
14.4.5.3 Communications 307
TABLE 307 COMMUNICATIONS: SMART WATER METERING MARKET, BY REGION,
2020–2027 (USD MILLION) 308
14.4.6 SMART METER MARKET, BY REGION 308
TABLE 308 SMART WATER METERING MARKET, BY REGION, 2020–2027 (USD MILLION) 308
14.5 US WATER METER MARKET 308
14.5.1 MARKET DEFINITION 308
14.5.2 LIMITATIONS 309
14.5.3 MARKET OVERVIEW 309
14.5.4 US WATER METER MARKET, BY PRODUCT 309
TABLE 309 US WATER METER MARKET, BY PRODUCT, 2016–2026 (USD MILLION) 309
14.5.5 US WATER METER MARKET, BY APPLICATION 310
TABLE 310 US WATER METER MARKET, BY APPLICATION, 2016–2026 (USD MILLION) 310
15 APPENDIX 311
15.1 INSIGHTS FROM INDUSTRY EXPERTS 311
15.2 DISCUSSION GUIDE 312
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 315
15.4 CUSTOMIZATION OPTIONS 317
15.5 RELATED REPORTS 317
15.6 AUTHOR DETAILS 318