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Global Smart Meter Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Jun 17, 2025
Length 164 Pages
SKU # GFSH20108692

Description

According to our (Global Info Research) latest study, the global Smart Meter market size was valued at US$ 8012 million in 2024 and is forecast to a readjusted size of USD 10310 million by 2031 with a CAGR of 3.7% during review period.

Smart meters are one of the basic equipment for data collection in smart grids (especially smart distribution networks). They are responsible for the collection, measurement and transmission of raw electrical energy data, and are the basis for information integration, analysis and optimization, and information presentation. In addition to the basic power metering function of traditional electric energy meters, smart meters also have two-way multi-rate metering functions, user-side control functions, and two-way data communication with multiple data transmission modes in order to adapt to the use of smart grids and new energy. Intelligent functions such as functions and anti-theft functions.

The main smart meter manufacturers in the market include Landis+Gyr, Itron and General Electric.

The top ten global companies account for nearly 47% of the market.

The overall market concentration is not high. The high-end market is mostly monopolized by foreign companies, and the low-end market products Serious homogeneity and fierce price competition have affected the healthy development of the market.

Smart meter packages are divided into single-phase smart meters and three-phase smart meters, which can be used in residential, commercial and industrial applications.

This report is a detailed and comprehensive analysis for global Smart Meter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Smart Meter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Smart Meter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Smart Meter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Smart Meter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Smart Meter

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Smart Meter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Landis+Gyr, Itron, General Electric, Siemens, Sensus, Honeywell Elster, Sanxing Medical Electric, Jiangsu Linyang, Kamstrup, Wasion Group, etc.

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

Market Segmentation

Smart Meter market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Single-phase Smart Meters
Three-phase Smart Meters

Market segment by Application
Residential
Commercial
Industrial

Major players covered
Landis+Gyr
Itron
General Electric
Siemens
Sensus
Honeywell Elster
Sanxing Medical Electric
Jiangsu Linyang
Kamstrup
Wasion Group
Sagemcom
Hexing Electrical
Nuri Telecom
Clou Electronics
Iskraemeco
Zhejiang Chint
Shenzhen HND
Sunrise Technology
Holley Technology
LONGi Meter
ZIV

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Smart Meter product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Smart Meter, with price, sales quantity, revenue, and global market share of Smart Meter from 2020 to 2025.

Chapter 3, the Smart Meter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Smart Meter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Smart Meter market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Meter.

Chapter 14 and 15, to describe Smart Meter sales channel, distributors, customers, research findings and conclusion.

Table of Contents

164 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Smart Meter by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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