Smart Meters Market Size, Share & Trends Analysis Report By Product (Smart Electric Meter, Smart Water Meter, Smart Gas Meter) By End Use (Residential, Commercial, Industrial), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031

Report ID: IMIR 006563  |  Jul 2023  |  Format:
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Global Smart Meters Market size was valued at USD 24.5 Billion in 2022 and is projected to reach USD 58.24 Billion by 2031, growing at a CAGR of 10.1% from 2022 to 2031 according to a new report by IMIR Market Research.

The Smart Meters market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Smart Meters market.

Scope of Smart Meters Market Report:

A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Smart Meters Market. On the basis of historic growth analysis and current scenario of Smart Meters market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Smart Meters market. This further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Smart Meters market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Smart Meters market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.

The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

Smart Meters Market Players Analysis:

  • Itron Inc.
  • Siemens AG
  • Badger Meter
  • EDMI
  • Holley Metering Limited
  • Neptune Technology Group Inc.
  • Sensus
  • Wasion Group
  • Landis+Gyr
  • Schneider Electric SA
  • Honeywell International Inc.
  • Kaifa Technology
  • Suntront Technology
  • Kamstrup Company
  • Aichi Tokei Denkei

Smart Meters Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2022-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Smart Meters Market Segmentation Analysis:

By Product

  • Smart Electric Meter
  • Smart Water Meter
  • Smart Gas Meter

By End Use

  • Residential
  • Commercial
  • Industrial

The report also helps in understanding Global Smart Meters Market dynamics, structure by analyzing the market segments, and project the Global Smart Meters Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Smart Meters Market make the report investor’s guide.

Global Smart Meters Market Regional Analysis

North America accounted for the highest xx% market share in terms of revenue in the Smart Meters market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Smart Meters. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Smart Meters companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Smart Meters Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Smart Meters Market Report is also available for below Regions and Country Please Ask for that

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Switzerland
  • Belgium
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Rest of Europe

Asia-Pacific

  • India
  • Australia
  • Philippines
  • Singapore
  • South Korea
  • Japan
  • China
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Argentina
  • Peru
  • Colombia
  • Brazil
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA

Points Covered in the Report

The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.

The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

  • How much the global Smart Meters Market valued?
  • Which region has the largest share in 2021 for the global Smart Meters Market?
  • What are the driving factors for the market?
  • Which is the leading segment in the global market?
  • What are the major players in the market?

Research Scope of Smart Meters Market

  • Historic year: 2018- 2021
  • Base year: 2022
  • Forecast: 2023 to 2031
  • Representation of Market revenue in USD Million


Smart Meters Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:

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Key Highlights & Report Features
  • Continuous Data Monitoring:
    Real-time data tracking with continuous monitoring and updates from January 2015 to August 10, 2025
  • Global Market Intelligence:
    Comprehensive market data available for 60+ countries with detailed regional analysis
  • Extensive Product Coverage:
    Example shown is representative of similar data available for 20,000+ products across categories
  • Customization Options:
    Tailored datasets available with detailed supplier, buyer quantity, and shipment information
  • Current Market Insights:
    Pricing trends updated monthly, ensuring you always have the latest market intelligence
  • Comprehensive Analysis:
    Reports include both qualitative and quantitative analysis, delivering actionable insights to support strategic decision-making
  • Comprehensive shipment-level details across all covered countries
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Intellectual Market Insights Research
Smart Meters Market Size, Growth Forecast- Industry Outlook to 2031

 12 Jul 2023