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Smart Meters Market By Type (Smart Water Meters, Smart Gas Meters, Smart Electric Meters), By Application (Industrial, Residential, Commercial ) By Technology (Advanced Metering Infrastructure, Automatic Meter Reading) - Global Opportunity Analysis and Industry Forecast, 2018-2023

 Energy and Power

Report Overview

GLOBAL SMART METERS MARKET was valued at USD 12.77 Billion for the year 2017. Smart Meters Market is further expected to grow at a CAGR of 9.74% from 2018 to reach USD 22.31 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017. The Asia-Pacific region is also considered as the fastest growing market in the forecasted period. China is the major market in 2017 at country level and it is also further anticipated to grow at a steady pace in the next 5 years.

Siemens AG (Germany), Schneider Electric (France), Honeywell International, Inc. (US), are some of the top players in the Smart Meters Market with Schneider Electric holding a substantial market share in 2017. Better global reach at an operational level, is the main reason for holding this market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

Drivers:

             Increasing investments in Smart Grids

             Government Legislation and Policies

Restraints:

             High installation cost

Opportunities:

             Implementation of IoT & big data analytics

Challenges:

             High maintenance cost

The segmentation done on the basis of Technology include Advanced Metering Infrastructure (AMI), and Automatic Meter Reading (AMR) of which the AMI segment is expected to hold the highest market share during the forecast period.

Segmentation done on the basis of Application includes an industrial, commercial and residential segment of which residential segment is expected to grow at the highest CAGR during the forecasted period.

Key Benefits for Stakeholders

Smart Meters Manufacturers & Distributors

Research and Consulting organization

Government bodies

End-use industries

Regulatory bodies, policymakers and consumers.

By Type

Smart Water Meters

Smart Gas Meters

Smart Electric Meters

By Application

Industrial

Residential

Commercial

By Technology

Advanced Metering Infrastructure

Automatic Meter Reading

By Region

North America

Europe

Asia-Pacific

ROW

Key Market Players

Siemens AG

EDMI Limited

Schneider Electric

Honeywell International, Inc.

Itron, Inc.

Sensus (Xylem)

Holley Metering, Limited

EDMI Limited

Badger Meter, Inc.

Aclara Technologies, LLC

Wasion Group

ICSA (India), Limited  

(Another brief information of 13 companies will be provided in the report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Smart Meters Market, By Type

6.1. Smart Water Meters

6.2. Smart Gas Meters

6.3. Smart Electric Meters

7. Smart Meters Market, By Application

7.1. Industrial

7.2. Residential

7.3. Commercial

8. Smart Meters Market, By Technology

8.1. Advanced Metering Infrastructure

8.2. Automatic Meter Reading

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. Russia

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. Indonesia

       9.4.2. Japan

       9.4.3. China

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. Latin America

             9.5.1.1. Brazil

             9.5.1.2. Argentina

             9.5.1.3. Rest of Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

10.1. Siemens AG

10.2. EDMI Limited

10.3. Schneider Electric

10.4. Honeywell International, Inc.

10.5. Itron, Inc.

10.6. Sensus (Xylem)

10.7. Holley Metering, Limited

10.8. EDMI Limited

10.9. Badger Meter, Inc.

10.10. Aclara Technologies, LLC

10.11. Wasion Group

10.12. ICSA (India), Limited

(Another brief information of 13 companies will provided in report)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

 

List of Tables (62 Tables)

Table 1 Global Smart Meters Market Snapshot
Table 2 Smart Meters Market, By Type, 2018–2023(USD Million)
Table 3 Smart Electric Meters: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 4 Smart Water Meters: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 5 Smart Gas Meters: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 6 Global Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 7 Residential: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 8 Commercial: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 9 Industrial: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 10 Smart Meters Market, By Technology, 2018–2023(USD Million)
Table 11 Automatic Meter Reading: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 12 Advanced Metering Infrastructure: Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 13 Global Smart Meters Market Size, By Region, 2018–2023(USD Million)
Table 14 Smart Electric Meters Market Size, By Top Country, 2018–2023(USD Million)
Table 15 Smart Gas Meters Market Size, By Top Country, 2018–2023(USD Million)
Table 16 Smart Water Meters Market Size, By Top Country, 2018–2023(USD Million)
Table 17 North America: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 18 North America: Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 19 North America: Smart Meters Market Size, By Technology, 2018–2023(USD Million)
Table 20 North America: Smart Meters Market Size, By Country, 2018–2023(USD Million)
Table 21 U.S.: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 22 Canada: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 23 Mexico: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 24 Europe: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 25 Europe: Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 26 Europe: Smart Meters Market Size, By Technology, 2018–2023(USD Million)
Table 27 Europe: Smart Meters Market Size, By Country, 2018–2023(USD Million)
Table 28 Germany: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 29 France: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 30 U.K.: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 31 Rest of Europe: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 32 Asia-Pacific: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 33 Asia-Pacific: Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 34 Asia-Pacific: Smart Meters Market Size, By Technology, 2018–2023(USD Million)
Table 35 Asia-Pacific: Smart Meters Market Size, By Country, 2018–2023(USD Million)
Table 36 China: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 37 India: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 38 Japan: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 39 Australia: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 40 Malaysia: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 41 Rest of Asia-Pacific: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 42 Middle East: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 43 Middle East: Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 44 Middle East: Smart Meters Market Size, By Technology, 2018–2023(USD Million)
Table 45 Middle East: Smart Meters Market Size, By Country, 2018–2023(USD Million)
Table 46 Saudi Arabia: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 47 Israel: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 48 UAE: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 49 Rest of the Middle East: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 50 South America: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 51 South America: Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 52 South America: Smart Meters Market Size, By Technology, 2018–2023(USD Million)
Table 53 South America: Smart Meters Market Size, By Country, 2018–2023(USD Million)
Table 54 Brazil: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 55 Argentina: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 56 Rest of South America: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 57 Africa: Smart Meters Market Size, By Type, 2018–2023(USD Million)
Table 58 Africa: Smart Meters Market Size, By Application, 2018–2023(USD Million)
Table 59 Africa: Smart Meters Market Size, By Technology, 2018–2023(USD Million)
Table 60 Africa: Smart Meters Market Size, By Country, 2018–2023(USD Million)
Table 61 South Africa: Smart Meters Market, By Type, 2018–2023(USD Million)
Table 62 Rest of Africa: Smart Meters Market, By Type, 2018–2023(USD Million)


List of Figures (43 Figures)

Figure 1 Market Segmentation: Smart Meters Market
Figure 2 Countries Covered
Figure 3 Smart Meters Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Market for Smart Electric Meters to Register the Highest Growth Between 2018 and 2023
Figure 9 Market for Residential Application to Register the Highest Growth Between 2018 and 2023
Figure 10 Market for Advanced Metering Infrastructure (AMI) Technology to Register the Highest Growth Between 2018 and 2023
Figure 11 Asia-Pacific to Dominate the Market Between 2018 and 2023
Figure 12 Attractive Market Opportunities in the Smart Meters Market
Figure 13 Smart Meters Market Share (Value), By Type, 2018–2023
Figure 14 Residential Segment is Estimated to Dominate the Smart Meters Market By 2023
Figure 15 Automatic Meter Reading (AMR) Segment is Estimated to Dominate the Smart Meters Market By 2023
Figure 16 Asia-Pacific is Expected to Grow at the Fastest Pace During the Forecast Period
Figure 17 Increasing Smart Grid Deployment is A Major Factor Driving the Smart Meters Market
Figure 18 Smart Meter Market Share (Value), 2023
Figure 19 The Residential Application Segment is Expected to Dominate the Market During the Forecast Period
Figure 20 The AMR Segment is Expected to Dominate the Market During the Forecast Period
Figure 21 Regional Snapshot: Rapid Growth in Developing Markets Such as Asia-Pacific is Creating New Hot Spots
Figure 22 The Market in Europe to Drive the Smart Meters Market, By Region, 2018 & 2023 (USD Million)
Figure 23 The Market in Asia-Pacific to Drive the Smart Meters Market, By Region, 2018 & 2023 (USD Million)
Figure 24 Companies Adopted Mergers & Acquisitions to Capture A Share of the Market
Figure 25 Battle for Market Share: Contracts & Agreements Was the Key Strategy, 2013–2018
Figure 26 Market Evaluation Framework: New Product Launches, Mergers, Acquisitions, & Partnerships, Contracts & Agreements, & Others Fueled the Growth of Companies From 2017 to February 2018
Figure 27 Vendor Dive Matrix
Figure 28 Schneider Electric: Company Snapshot (2018)
Figure 29 Schneider Electric: Product Offering Scorecard
Figure 30 Schneider Electric: Business Strategy Scorecard
Figure 31 Siemens AG: Company Snapshot (2018)
Figure 32 Siemens AG: Product Offering Scorecard
Figure 33 Siemens AG: Business Strategy Scorecard
Figure 34 Honeywell International, Inc.: Company Snapshot (2018)
Figure 35 Honeywell International, Inc.: Product Offering Scorecard
Figure 36 Honeywell International, Inc.: Business Strategy Scorecard
Figure 37 Itron, Inc.: Company Snapshot (2018)
Figure 38 Itron, Inc.: Product Offering Scorecard
Figure 39 Itron, Inc.: Business Strategy Scorecard
Figure 40 Sensus (Xylem): Product Offering Scorecard
Figure 41 Sensus (Xylem): Business Strategy Scorecard
Figure 42 EDMI Ltd.: Product Offering Scorecard
Figure 43 EDMI Ltd.: Business Strategy Scorecard

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