Smart Electricity Meter Market, By Technology (Advanced Metering Infrastructure, Radio Frequency, Power-Line Communication, Cellular and Automatic Meter Reading), By Phase, By End-use, By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) Analysis, Share, Trends, Size, & Forecast from 2019 2025
Report Code: AV407
Industry: Semiconductor and Electronics
Publiced On: 2020-09-01
Pages: 190
Format:
REPORT HIGHLIGHT
The Smart Electricity Meter market was valued at USD 30.23 billion by 2018, growing with 6.1% CAGR during the forecast period, 2019-2025.
Market Dynamics
A smart meter is a system that promotes a direct line of communication between the electricity service provider and the consumer. It eliminates the intervention of a third party or manual labour. It allows for real-time analysis of the electricity or energy consumption. This system not only empowers the client to have first-hand control over their consumption but also allow them to check the right traffic plan based on consumption. This means better control over the electricity monitoring and billing cycle. Based on data shared by the International Energy Agency (IEA), the overall growth in energy electricity consumption reached 21,372 TWh in 2017, up 2.6% as compared to previous year. The number is growing constantly as time passes. Therefore, placing the utmost importance on having systems such as smart electricity meter in place.
Furthermore, increased focus on greener energy alternatives and better energy management tools drives the growth of smart electricity meters. Favourable government mandates also help in the boom this industry is witnessing. These meters will also handle the power outages better, the identification and resolution will be much more efficient.
Technology Takeaway
The technological aspect of smart electricity meters is categorized into Advanced Metering Infrastructure and Automatic meter reading (AMR). AMI is further categorized into radiofrequency, power-line communication, and cellular. AMR technology accounted for significant revenue share. Growing adoption of digital meter coupled with increasing infrastructure spending stimulate the demand for AMR technology.
AMR is installed into automated data simulators. These allow organizations to not only predict energy consumptions but also evaluate the consumption rates. This can help in optimizing both consumptions and opting for greener or much more energy-efficient alternatives. Growth of technologies in healthcare, its automation and monitoring can be given a much-needed boost by Smart electricity meter, thus it is only expected to grow.
Phases Takeaway
Phase segment is divided into single-phase or three-phase. The steady growth of small and large enterprises provides impetus to the single-phase category. Owing to a better lifestyle, enhanced spending capabilities and a rising economy this phase will have better market viability. Three-phase is much more suitable where sustainable capabilities are expected. Therefore, sectors such as healthcare, logistics, education, etc. will make use of three-phase smart electricity meters. This is why three-phases is expected to experience exponential growth.
End-Use Takeaway
End-use is majorly categorized as a residential and industrial segment. Residential segments include single parameters, suburban apartments, and bungalows. These are also inclusive of residential lodges and hotels. The industrial segment, on the other hand, includes manufacturing facilities and processing units. Residential segment encompasses the major share when it comes to the end-use category.
Regional Takeaway
Due to a growth in regulatory policies and standardization, developed regions such as North America and Europe witness significant growth. Smart meters will also grow in alignment with smart grid projects. Following these markets, the Asia Pacific market follows the league. It is estimated to be the fastest-growing segment. As a part of its 5-year plan, China aims to have sustainable energy management systems in place, thus boosting this industry further.
Key Vendor Takeaway
Companies involved in the smart meter technology include Iskraemeco, BB Ltd, Holley Metering Ltd, General Electric Company, Elster Group, Itron Inc., Landis+Gyr, Schneider Electric, and Siemens AG. Itron dominates the market and continues to be one of the largest players in this industry.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 to 2017
- Base Year – 2018
- Estimated Year – 2019
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TECHNOLOGY
- Advanced Metering Infrastructure
- Radio Frequency
- Power-Line Communication
- Cellular
- Automatic Meter Reading
MARKET, BY PHASE
- Single Phase
- Three Phase
MARKET, BY END USE
- Residential
- Commercial
- Government
- Industrial
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. SMART ELECTRICITY METER MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Technology
2.1.2. Market Snippet by Phase
2.1.3. Market Snippet by End Use
2.1.4. Market Snippet by Region
2.2. Competitive Insights
3. SMART ELECTRICITY METER KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. SMART ELECTRICITY METER INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. SMART ELECTRICITY METER MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. SMART ELECTRICITY METER MARKET – BY TECHNOLOGY
6.1. Overview
6.1.1. Segment Share Analysis, By Technology, 2018 & 2025 (%)
6.2. Advanced Metering Infrastructure
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.3. Radio Frequency
6.2.3.1. Overview
6.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.4. Power-Line Communication
6.2.4.1. Overview
6.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.2.5. Cellular
6.2.5.1. Overview
6.2.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Automatic Meter Reading
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. SMART ELECTRICITY METER MARKET – BY PHASE
7.1. Overview
7.1.1. Segment Share Analysis, By Phase, 2018 & 2025 (%)
7.2. Single Phase
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Three Phase
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. SMART ELECTRICITY METER MARKET – BY END USE
8.1. Overview
8.1.1. Segment Share Analysis, By End Use, 2018 & 2025 (%)
8.2. Residential
8.2.1. Overview
8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Commercial
8.3.1. Overview
8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Government
8.4.1. Overview
8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Industrial
8.5.1. Overview
8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. SMART ELECTRICITY METER MARKET– BY GEOGRAPHY
9.1. Introduction
9.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.2.4. North America Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.2.5. North America Market Size and Forecast, By Phase, 2014 – 2025 (US$ Million)
9.2.6. North America Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.2.7. U.S.
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.2.8. Canada
9.2.8.1. Overview
9.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Phase, 2014 – 2025 (US$ Million)
9.3.6. Europe Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.3.7. Germany
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.8. Italy
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.9. United Kingdom
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.10. France
9.3.10.1. Overview
9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.3.11. Rest of Europe
9.3.11.1. Overview
9.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Phase, 2014 – 2025 (US$ Million)
9.4.6. Asia Pacific Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.4.7. India
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.8. China
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.9. Japan
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.10. South Korea
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.4.11. Rest of APAC
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Phase, 2014 – 2025 (US$ Million)
9.5.6. Latin America Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.5.7. Brazil
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.8. Mexico
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.9. Argentina
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Technology, 2014 – 2025 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Phase, 2014 – 2025 (US$ Million)
9.6.6. Middle East and Africa Market Size and Forecast, By End Use, 2014 – 2025 (US$ Million)
9.6.7. Saudi Arabia
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9.6.8. United Arab Emirates
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
10. KEY VENDOR ANALYSIS
10.1. Iskraemeco
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Technology Benchmarking
10.1.4. Strategic Initiatives
10.2. BB Ltd
10.3. Holley Metering Ltd
10.4. General Electric Company
10.5. Elster Group
10.6. Itron Inc.
10.7. Landis+Gyr
10.8. Schneider Electric
10.9. Siemens AG
11. 360 DEGREE ANALYSTVIEW
12. APPENDIX
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Smart Electricity Meter market: Technology snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Technology
TABLE Global Smart Electricity Meter market, by Technology 2014-2025 (USD Million)
TABLE Smart Electricity Meter market: Phase Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Phase
TABLE Global Smart Electricity Meter market, by Phase 2014-2025 (USD Million)
TABLE Smart Electricity Meter market: End Use snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by End Use
TABLE Global Smart Electricity Meter market, by End Use 2014-2025 (USD Million)
fTABLE Smart Electricity Meter market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Smart Electricity Meter market, by Region 2014-2025 (USD Million)
TABLE North America Smart Electricity Meter market, by Country, 2014-2025 (USD Million)
TABLE North America Smart Electricity Meter market, by Technology, 2014-2025 (USD Million)
TABLE North America Smart Electricity Meter market, by Phase, 2014-2025 (USD Million)
TABLE North America Smart Electricity Meter market, by End Use, 2014-2025 (USD Million)
TABLE Europe Smart Electricity Meter market, by country, 2014-2025 (USD Million)
TABLE Europe Smart Electricity Meter market, by Technology, 2014-2025 (USD Million)
TABLE Europe Smart Electricity Meter market, by Phase, 2014-2025 (USD Million)
TABLE Europe Smart Electricity Meter market, by End Use, 2014-2025 (USD Million)
TABLE Asia Pacific Smart Electricity Meter market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Smart Electricity Meter market, by Technology, 2014-2025 (USD Million)
TABLE Asia Pacific Smart Electricity Meter market, by Phase, 2014-2025 (USD Million)
TABLE Asia Pacific Smart Electricity Meter market, by End Use, 2014-2025 (USD Million)
TABLE Rest of the World Smart Electricity Meter market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Smart Electricity Meter market, by Technology, 2014-2025 (USD Million)
TABLE Rest of the World Smart Electricity Meter market, by Phase, 2014-2025 (USD Million)
TABLE Rest of the World Smart Electricity Meter market, by End Use, 2014-2025 (USD Million)
List of Figures
FIGURE Smart Electricity Meter market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Technology segment market share analysis, 2018 & 2025
FIGURE Technology segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Advanced Metering Infrastructure market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Radio Frequency market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Power-Line Communication market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Cellular market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Automatic Meter Reading market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Phase segment market share analysis, 2018 & 2025
FIGURE Phase segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Single phase market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Three phase market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE End Use segment market share analysis, 2018 & 2025
FIGURE End Use segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Residential market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Commercial market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Goverment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Industrial market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Smart Electricity Meter market share and leading players, 2018
FIGURE Europe Smart Electricity Meter market share and leading players, 2018
FIGURE Asia Pacific Smart Electricity Meter market share and leading players, 2018
FIGURE Latin America Smart Electricity Meter market share and leading players, 2018
FIGURE Middle East and Africa Smart Electricity Meter market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)
