Global smart electricity meters market will reach $20.23 billion by 2027, growing by 8.8% annually over 2020-2027

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Global smart electricity meters market will reach $20.23 billion by 2027, growing by 8.8% annually over 2020-2027 driven by the increasing need for efficient data monitoring systems, cost savings advantage of smart meters, and favorable government policies for smart meter rollout. The sales volume in million units will register a 2020-2027 CAGR of 9.0%.

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Global Smart Electricity Meters Market 2020-2027 by Component (Hardware, Software), Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase (GISM, GIST, GISS), Precision (0.25S, 0.2S, 0.5S), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook and Growth Opportunity; is based on a comprehensive research of the entire global smart electricity meters market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends; Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart electricity meters market in every aspect of the classification from perspectives of Component, Technology, Communication Type, Phase, Precision, End Use, and Region.

Based on Component

Hardware
Software; Service

Based on Technology

Automatic Meter Reading (AMR)
Advanced Metering Infrastructure (AMI)

Based on Communication Type

Cellular Technology
Radio Frequency (RF)
Power Line Communication (PLC)
Other Communication Types

Based on Phase

GISM (Single Phase, 230v, <40A)
GIST (Three Phase, 3*230/400v, <60A)
GISS (Heavy Consumers, >60A)

Based on Precision

Accuracy Class 0.25S
Accuracy Class 0.2S
Accuracy Class 0.5S

Based on End Use

Residential Use
Commercial Use
Industrial Use

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Geographically, the following regions together with the listed national/local markets are fully investigated:

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Communication Type, Phase, and
End Use over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Report Description : https://altusmarketresearch.com/smart-electricity-meters-market-3407

Key Players (this may not be a complete list and extra companies can be added upon request):

Aclara Technologies
EDMI Limited
Elster Group GmbH (Honeywell International Inc.)
Hexing Electric Company
Holley Technology Ltd (Zhejiang Huamei Holding Co. Ltd)
Itron Inc.
Jiangsu Linyang Energy Co., Ltd.
Kamstrup A/S
Landis + GYR Group AG
Mitsubishi
Nanjing Xinlian Electronics Co., Ltd.
Sagemcom SAS
Sensus USA Inc.
Shenzhen Hemei Group Co. Ltd.
Shenzhen Kafia
Wasion Group Holdings

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

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