Global Industrial Smart Meters Supply, Demand and Key Producers, 2026-2032

The global Industrial Smart Meters market size is expected to reach $ 610 million by 2032, rising at a market growth of 17.4% CAGR during the forecast period (2026-2032).

A smart meter is an Internet-capable device that measures energy, water or natural gas consumption of a building, home, plants, etc.

Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Energy companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.

The smart meter acts as the network termination point, an ingress router between the utility’s network and the building it is monitoring. When connected to a building automation system, a smart meter will allow the building administrator to control based on real-time energy costs.

A smart meter is one component of a smart grid, an approach to managing energy distribution and consumption that uses Internet technologies to create bi-directional communication, coordination and control.

Globally, the Industrial Smart Meters industry market is low concentrated as the manufacturing technology of Industrial Smart Meters is relatively matures than some high-tech equipment. And some enterprises, like Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, etc. are well-known for the wonderful performance of their Industrial Smart Meters and related services, with about 14% market shares. At the same time, China, occupied 70% production market share, is remarkable in the global Industrial Smart Meters industry.

This report studies the global Industrial Smart Meters production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Industrial Smart Meters and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Industrial Smart Meters that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Industrial Smart Meters total production and demand, 2021-2032, (K Units)

Global Industrial Smart Meters total production value, 2021-2032, (USD Million)

Global Industrial Smart Meters production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Industrial Smart Meters consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Industrial Smart Meters domestic production, consumption, key domestic manufacturers and share

Global Industrial Smart Meters production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Industrial Smart Meters production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Industrial Smart Meters production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Industrial Smart Meters market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom, Iskraemeco, ZIV, Sanxing, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Industrial Smart Meters market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Industrial Smart Meters Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Industrial Smart Meters Market, Segmentation by Type:
Industrial Smart Gas Meter
Industrial Smart Water Meter
Industrial Smart Electric Meter

Global Industrial Smart Meters Market, Segmentation by Application:
Heavy Industry
Light Industry

Companies Profiled:
Landis+Gyr
Itron
Siemens
Kamstrup
Elster Group
Nuri Telecom
Sagemcom
Iskraemeco
ZIV
Sanxing
Linyang Electronics
Wasion Group
Haixing Electrical
XJ Measurement & Control Meter
Chintim Instruments
Clou Electronics
Holley Metering
HND Electronics
Longi
Banner
Sunrise

Key Questions Answered:

1. How big is the global Industrial Smart Meters market?

2. What is the demand of the global Industrial Smart Meters market?

3. What is the year over year growth of the global Industrial Smart Meters market?

4. What is the production and production value of the global Industrial Smart Meters market?

5. Who are the key producers in the global Industrial Smart Meters market?

6. What are the growth factors driving the market demand? Show more