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Smart Meters Market Share
- Report ID: GMI1180
- Published Date: Apr 2022
- Report Format: PDF
Smart Meters Market Share
Prominent players operating across smart meters market includes
- Honeywell International, Inc.
- Osaki Electric Co., Ltd.
- Raychem RPG Private Limited
- Itron, Inc.
- Sensus
- Aclara Technologies LLC
- Landis+Gyr
- Apator SA
- Schneider Electric SE
- Badger Meter, Inc.
- Neptune Technology Group, Inc.
- Zenner International GmbH & Co, .KG
- Chint Group
- Azbil Kimmon Co., Ltd.
- Wasion Group
- AEM
- Diehl Stiftung & Co., KG
- Siemens
- Kamstrup
- Sontex SA.
- ARAD Group
- B Meters Metering Solutions
- Ningbo Water Meter Co., Ltd.
- ZIV
- Circutor SA
- Iskraemeco Group
- General Electric
- Larsen & Toubro Limited
Inorganic growth ventures, strategic implications, partnerships, mergers, product innovations, along with business expansion by major manufacturers to garner their market presence will fuel the industry outlook.
Frequently Asked Questions (FAQ) :
The market size of smart meters valued at more than $28.8 billion in 2023 and is anticipated to observe over 10.5% CAGR between 2024 and 2032.
The residential application is set to cross $26 billion in smart meters industry by 2028 as there is a high demand for smart homes among customers and the product can effectively manage the overall electricity consumption.
AMI smart meters segment is predicted to record over 14% CAGR through 2028 as the technology can closely monitor and manage the total power consumption and will be highly used to develop a smart grid infrastructure.
Europe smart meters market value exceeded $6 billion in 2021 as governments are rolling out favorable policies to promote the development of a smart grid infrastructure to support the rising demand for electricity.
Honeywell International, Inc., Osaki Electric Co., Ltd., Itron, Inc., Raychem RPG Private Limited, Aclara Technologies LLC, Sensus, Schneider Electric SE, and Badger Meter, Inc., among several others, are the prominent industry players.
Smart Meters Market Scope
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