Global Smart Meters Sales Market Report 2020

A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure differs from traditional automatic meter reading in that it enables two-way communications with the meter.
The largest smart meters markets have been North America, Europe and APAC (particularly China). And the market is supplied by a combination of large multinational firms and smaller local manufacturers. The leading global firms include Landis+Gyr, Siemens, Itron, Elster Group, Kamstrup and others. These companies tend to compete against each other globally to supply most of the largest smart meter markets. In many markets, these leading global firms also face competition from local manufacturers. In China, for example, local manufacturers supply the bulk of the market.

Market Analysis and Insights: Global Smart Meters Market
The global Smart Meters market size is projected to reach US$ 10580 million by 2026, from US$ 8265 million in 2020, at a CAGR of 4.2% during 2021-2026.

Global Smart Meters Scope and Market Size
The global Smart Meters market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Meters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Smart Meters market is segmented into
Single-phase Smart Meters
Three-phase Smart Meters

Segment by Application, the Smart Meters market is segmented into
Residential
Commercial
Industrial

The Smart Meters market is analysed and market size information is provided by regions (countries). Segment by Application, the Smart Meters market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Smart Meters Market Share Analysis
Smart Meters market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Smart Meters business, the date to enter into the Smart Meters market, Smart Meters product introduction, recent developments, etc.

The major vendors covered:
Landis+Gyr
Itron
Siemens
Kamstrup
Elster Group
Nuri Telecom
Sagemcom
Iskraemeco
ZIV
Sanxing
Linyang Electronics
Wasion Group
Haixing Electrical
XJ Measurement & Control Meter
Chintim Instruments
Clou Electronics
Holley Metering