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Smart Electric Meter Market Share

  • Report ID: GMI1503
  • Published Date: Jan 2022
  • Report Format: PDF

Smart Electric Meter Market Share

Key industry players are engaging in forward and backward integration with raw material suppliers and component manufacturers to gain a competitive edge. The companies are further investing extensively in research & development activities to develop more reliable and efficient technologies to spur their revenue share.
 

Eminent smart electric meter market leaders include

  • General Electric
  • Apator
  • Honeywell Elster
  • Kamstrup
  • Itron
  • Larsen & Toubro Limited
  • Schneider Electric
  • Aclara Technologies
  • Circutor SA
  • Osaki Electric 
Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of smart electric meter crossed USD 21.6 billion in 2023 and is poised to record an 6.2% growth rate up to 2032, says this GMI report.

The industry size of three phase meters is set to observe a CAGR of 9% up to 2030 driven by the higher application scope in various residential, industrial, utility, and commercial buildings.

The residential application segment in the smart electric meter industry is anticipated to exceed USD 18 billion through 2030 owing to the fast-growing real estate sector, the expanding population, and the thriving energy consumption.

The smart meters industry size in Asia Pacific is estimated to rise at a rate of over 10% up to 2030 owing to the higher deployment of smart technologies, like analytics and cloud computing in the region.

Smart Electric Meter Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 23
  • Tables & Figures: 1158
  • Countries covered: 33
  • Pages: 550
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