Global Automatic Meter Reading (AMR) Equipment Market Growth 2025-2031

The global Automatic Meter Reading (AMR) Equipment market size is predicted to grow from US$ 913 million in 2025 to US$ 1906 million in 2031; it is expected to grow at a CAGR of 13.1% from 2025 to 2031.

Automatic Meter Reading (AMR) is an intelligent terminal that uses automation technology to remotely collect, transmit and process metering data of water, electricity, gas, etc. Its core is composed of sensors (real-time data reading), communication modules (supporting wired/wireless transmission) and data processing units. It can be widely used in smart grids, water management, building energy consumption monitoring and other fields.

The development of automatic meter reading (AMR) is mainly driven by technological progress, policy support and market demand. The maturity of the Internet of Things, big data and wireless communication technologies has made data collection more accurate, real-time and cost-effective; the government has promoted the construction of smart grids and smart cities, and encouraged the use of advanced metering infrastructure to improve energy efficiency and management levels; at the same time, users' demand for accurate billing, remote monitoring and convenient services has increased, further promoting the expansion of the market. Future trends show that the automatic meter reading system will develop towards a higher degree of intelligence and integration, combining AI and cloud computing to achieve more efficient energy management and personalized customer service, and will also pay more attention to data security and privacy protection.

LP Information, Inc. (LPI) ' newest research report, the “Automatic Meter Reading (AMR) Equipment Industry Forecast” looks at past sales and reviews total world Automatic Meter Reading (AMR) Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Automatic Meter Reading (AMR) Equipment sales for 2025 through 2031. With Automatic Meter Reading (AMR) Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Meter Reading (AMR) Equipment industry.

This Insight Report provides a comprehensive analysis of the global Automatic Meter Reading (AMR) Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic Meter Reading (AMR) Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic Meter Reading (AMR) Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Meter Reading (AMR) Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Meter Reading (AMR) Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Meter Reading (AMR) Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Wired
Wireless

Segmentation by Application:
Residential
Commercial
Utilities
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Simens
Itron
Neptune Technology Group Inc
Xylem Inc.
Diehl Group
Signals & Systems (India ) Private Limited
Allied Power
ACCESS CO., LTD.
Inovonics
QUNDIS
MWA Technology
Smarter Technologies
Badger Meter
Kamstrup
Danfoss
People Electrical APPLIANCE Group Co., Ltd
Zhejiang Chint Electrics Co.,Ltd.
Wasion Holdings Limited
Shenzhen Friendcom Technology Development Co., Ltd.
Shenzhen Kaifa Technology Co., Ltd.
Zhejiang Yongtailong Electronics Co., Ltd.
Shanghai Acrel Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automatic Meter Reading (AMR) Equipment market?

What factors are driving Automatic Meter Reading (AMR) Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automatic Meter Reading (AMR) Equipment market opportunities vary by end market size?

How does Automatic Meter Reading (AMR) Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.