A intelligent electricity meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure differs from traditional automatic meter reading in that it enables two-way communications with the meter.
This report contains market size and forecasts of Intelligent Electricity Meter in global, including the following market information:
Global Intelligent Electricity Meter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Intelligent Electricity Meter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Intelligent Electricity Meter companies in 2021 (%)
The global Intelligent Electricity Meter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single-phase smart meter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Intelligent Electricity Meter include Landis+Gyr, Itron, GE Digital Energy, Siemens, Kamstrup, Sensus, Elster Group, Silver Spring Networks and Aclara, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Intelligent Electricity Meter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Intelligent Electricity Meter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Intelligent Electricity Meter Market Segment Percentages, by Type, 2021 (%)
Single-phase smart meter
Three-phase smart meter
Global Intelligent Electricity Meter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Intelligent Electricity Meter Market Segment Percentages, by Application, 2021 (%)
Residential application
Commercial application
Industrial application
Global Intelligent Electricity Meter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Intelligent Electricity Meter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Intelligent Electricity Meter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Intelligent Electricity Meter revenues share in global market, 2021 (%)
Key companies Intelligent Electricity Meter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Intelligent Electricity Meter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Landis+Gyr
Itron
GE Digital Energy
Siemens
Kamstrup
Sensus
Elster Group
Silver Spring Networks
Aclara
Nuri Telecom
Sagemcom
Trilliant
Iskraemeco
Echelon
Tantalus Systems