Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Industrial Smart Meters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Smart Meters. This report contains market size and forecasts of Industrial Smart Meters in global, including the following market information:
Global Industrial Smart Meters Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Smart Meters Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Industrial Smart Meters companies in 2022 (%)
The global Industrial Smart Meters market was valued at US$ 125.2 million in 2022 and is projected to reach US$ 376.6 million by 2029, at a CAGR of 17.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Industrial Smart Meters 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 Industrial Smart Meters Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Smart Meters Market Segment Percentages, by Type, 2022 (%)
Industrial Smart Gas Meter
Industrial Smart Water Meter
Industrial Smart Electric Meter
Global Industrial Smart Meters Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Smart Meters Market Segment Percentages, by Application, 2022 (%)
Heavy Industry
Light Industry
Global Industrial Smart Meters Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Industrial Smart Meters Market Segment Percentages, By Region and Country, 2022 (%)
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 Industrial Smart Meters revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Smart Meters revenues share in global market, 2022 (%)
Key companies Industrial Smart Meters sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Industrial Smart Meters sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Smart Meters, market overview.
Chapter 2: Global Industrial Smart Meters market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Smart Meters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Smart Meters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Smart Meters capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
