Global Smart Electric Meter Market 2021-2025

Global Smart Electric Meter Market 2021-2025

Technavio has been monitoring the smart electric meter market and it is poised to grow by $ 7.60 bn during 2021-2025 progressing at a CAGR of 12% during the forecast period. Our report on smart electric meter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising deployment of smart grid projects and improvement in advanced metering infrastructure in the utility sector. In addition, rising deployment of smart grid projects is anticipated to boost the growth of the market as well.

The smart electric meter market analysis includes end-user segment and geographical landscapes.

Technavio's smart electric meter market is segmented as below:

By End-user

  • Residential
  • Commercial
  • Industrial
By Geographical Landscapes
  • APAC
  • North America
  • Europe
  • South America
  • MEA
This study identifies the increasing regulations to use energy-efficient equipment as one of the prime reasons driving the smart electric meter market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart electric meter market covers the following areas:
  • Smart electric meter market sizing
  • Smart electric meter market forecast
  • Smart electric meter market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart electric meter market vendors that include Aclara Technologies LLC, Honeywell International Inc., HPL Electric and Power Ltd., Itron Inc., Landis+Gyr AG, MosChip Technologies Ltd., Schneider Electric SE, Simpson Electric, STMicroelectronics NV, and Xylem Inc.. Also, the smart electric meter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Utilities market
      • Electricity generation
      • Electricity transmission
      • Electricity distribution
      • End-customers
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2020 - 2025 ($ million)
        • Table Global market: Year-over-year growth 2020 - 2025 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2020 & 2025
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2020
  • Market Segmentation by End-user
    • Market segments
      • Table End user - Market share 2020-2025 (%)
    • Comparison by End user
      • Table Comparison by End user
    • Residential - Market size and forecast 2020-2025
      • Table Residential - Market size and forecast 2020-2025 ($ million)
      • Table Residential - Year-over-year growth 2020-2025 (%)
    • Commercial - Market size and forecast 2020-2025
      • Table Commercial - Market size and forecast 2020-2025 ($ million)
      • Table Commercial - Year-over-year growth 2020-2025 (%)
    • Industrial - Market size and forecast 2020-2025
      • Table Industrial - Market size and forecast 2020-2025 ($ million)
      • Table Industrial - Year-over-year growth 2020-2025 (%)
    • Market opportunity by End user
      • Table Market opportunity by End user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2020-2025 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2020-2025
      • Table APAC - Market size and forecast 2020-2025 ($ million)
      • Table APAC - Year-over-year growth 2020-2025 (%)
    • North America - Market size and forecast 2020- 2025
      • Table North America - Market size and forecast 2020-2025 ($ million)
      • Table North America - Year-over-year growth 2020-2025 (%)
    • Europe - Market size and forecast 2020-2025
      • Table Europe - Market size and forecast 2020-2025 ($ million)
      • Table Europe - Year-over-year growth 2020-2025 (%)
    • South America - Market size and forecast 2020-2025
      • Table South America - Market size and forecast 2020-2025 ($ million)
      • Table South America - Year-over-year growth 2020-2025 (%)
    • MEA - Market size and forecast 2020-2025
      • Table MEA - Market size and forecast 2020-2025 ($ million)
      • Table MEA - Year-over-year growth 2020-2025 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Improvement in advanced metering infrastructure in the utility sector
      • Rising deployment of smart grid projects
      • Increasing regulations to use energy-efficient equipment
    • Market challenges
      • High cost of the product
      • Growing health concerns
      • Rise in concerns about cybersecurity
      • Lack of standardization
        • Table Impact of drivers and challenges
    • Market trends
      • Growing demand for wireless smart meters
      • Introduction of usage-based tariff plans
      • Development of 5G network
  • Vendor Landscape
    • Competitive scenario
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Industry risks
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aclara Technologies LLC
      • Table Aclara Technologies LLC – Overview
      • Table Aclara Technologies LLC - Product and service
      • Table Aclara Technologies LLC - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. –Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • HPL Electric and Power Ltd.
      • Table HPL Electric and Power Ltd. –Overview
      • Table HPL Electric and Power Ltd. - Business segments
      • Table HPL Electric and Power Ltd. - Key offerings
      • Table HPL Electric and Power Ltd. - Segment focus
    • Itron Inc.
      • Table Itron Inc. –Overview
      • Table Itron Inc. - Business segments
      • Table Itron Inc. - Key news
      • Table Itron Inc. - Key offerings
      • Table Itron Inc. - Segment focus
    • Landis+Gyr AG
      • Table Landis+Gyr AG – Overview
      • Table Landis+Gyr AG - Business segments
      • Table Landis+Gyr AG - Key news
      • Table Landis+Gyr AG - Key offerings
      • Table Landis+Gyr AG - Segment focus
    • MosChip Technologies Ltd.
      • Table MosChip Technologies Ltd. –Overview
      • Table MosChip Technologies Ltd. - Business segments
      • Table MosChip Technologies Ltd. - Key news
      • Table MosChip Technologies Ltd. - Key offerings
      • Table MosChip Technologies Ltd. - Segment focus
    • Schneider Electric SE
      • Table Schneider Electric SE – Overview
      • Table Schneider Electric SE - Business segments
      • Table Schneider Electric SE - Key news
      • Table Schneider Electric SE - Key offerings
      • Table Schneider Electric SE - Segment focus
    • Simpson Electric
      • Table Simpson Electric – Overview
      • Table Simpson Electric - Product and service
      • Table Simpson Electric - Key offerings
    • STMicroelectronics NV
      • Table STMicroelectronics NV – Overview
      • Table STMicroelectronics NV - Business segments
      • Table STMicroelectronics NV - Key news
      • Table STMicroelectronics NV - Key offerings
      • Table STMicroelectronics NV - Segment focus
    • Xylem Inc.
      • Table Xylem Inc. –Overview
      • Table Xylem Inc. - Business segments
      • Table Xylem Inc. - Key news
      • Table Xylem Inc. - Key offerings
      • Table Xylem Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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