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市場調查報告書
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1722984

2025 年至 2033 年智慧電錶市場規模、佔有率、趨勢及預測（按類型、階段、最終用戶和地區）

Smart Electric Meter Market Size, Share, Trends and Forecast by Type, Phase, End User, and Region, 2025-2033
出版日期: | 出版商: IMARC | 英文 145 Pages | 商品交期: 2-3個工作天內

價格

2024年全球智慧電錶市場規模達274億美元。展望未來，預計2033年市場規模將達到486億美元，2025-2033年期間的成長率（CAGR）為6.6%。亞太地區目前佔據市場主導地位，到 2024 年將佔據超過 40.9% 的顯著市場。智慧電網基礎設施投資的增加、政府的能源效率措施、城市化進程的加速、監管要求、再生能源整合以及物聯網即時能源管理技術的進步，正在推動整個地區的市場發展。

智慧電錶市場分析：

主要市場驅動力：個人對高效能能源消耗和永續性的日益重視正在推動整個市場的發展。此外，智慧電錶作為電網管理的現代解決方案的日益普及也是另一個重要的成長誘因。

主要市場趨勢：無線通訊技術的持續進步是市場新興趨勢之一。除此之外，消費者對更互聯和智慧的能源管理的傾向日益增強，進一步提振了全球市場。

地理趨勢：亞太地區在市場上佔據明顯主導地位。這可以歸因於人們的節能意識不斷增強，從而增加了整個地區對用於監控和控制電力使用的智慧電錶的需求。

競爭格局：根據智慧電錶市場概況，一些知名公司包括 ABB Ltd.、Aclara Technologies LLC（Hubbell Incorporated）、Genus Power Infrastructures Ltd.、Holley Technology Ltd.、Honeywell International Inc.、Iskraemeco Group、Itron Inc.、江蘇林洋能源有限公司、Landis+Gyr、Michip Technology、Itron、Microne、Schcroion Group、Microne&Gyr、Microne）。

挑戰與機會：與資料隱私和網路安全相關的日益嚴重的擔憂正在阻礙全球市場的發展。由於智慧電錶即時收集和傳輸詳細的能源使用資料，因此它們帶來了潛在的隱私風險。然而，預計政府機構實施嚴格的資料保護法將在預測期內推動市場發展。

智慧電錶市場趨勢：

有利的監管支持

政府機構實施各種法規，強制安裝智慧電錶以滿足永續發展目標並實現電網基礎設施現代化，從而增強了市場。截至 2022 年 12 月，根據國家智慧電網計畫 (NSGM) 儀表板，印度共批准了 2.22 億台智慧電錶，其中 790 萬台已安裝。此外，監管機構還提供財政激勵措施，如補助或減稅，以加速智慧電錶技術的採用。這反過來又推動了智慧電錶市場的需求。例如，2022 年 6 月，印度電力部啟動了「改進配電產業計畫」（RDSS）計劃，旨在提高配電公司的營運效率和財務永續性。該計劃涵蓋了「Deen-dayal Upadhyay Gram Jyoti Yojana」計劃、綜合電力發展計劃、2015 年總理發展計劃等計劃批准的所有項目。此外，RDSS 下智慧計量措施的主要目標是將 AT&C 損耗減少到 12% 至 15%，到 2024-25 會計年度將供應平均成本與平均收入之間的差距降至零，透過打造財務永續、營運高效的配電部門，提高電力供應的可靠性、品質和可負擔性等。同時，他們也與公用事業公司合作，大規模推廣智慧電錶，旨在用智慧電錶取代老舊電錶。例如，2023 年 9 月，印度電力、新和再生能源部部長表示，RDSS 指南要求透過公私合作 (PPP) 以總支出 (TOTEX) 模式推出智慧電錶，為配電公司提供支援並避免實施後的營運問題。此外，2023年6月，能源部在聯合國開發計畫署的支持下啟動了一項試點計劃，在歐洲莫耳多瓦安裝智慧電錶來測量電力消耗。

持續的技術進步

機器學習 (ML) 演算法和物聯網 (IoT) 技術的日益融合增強了智慧電錶的功能和可靠性，對智慧電錶市場前景產生了積極影響。此外，這些創新還提供預測性維護、即時資料分析，甚至適應不斷變化的使用模式等，這是另一個重要的成長誘導因素。例如，2023 年 7 月，總部位於伯恩的 BKW 宣佈在其瑞士電錶網路中部署電錶資料管理平台。除此之外，綜合能源管理系統的引進也促進了市場的成長。例如，2023年12月，Vector Technology Solutions（VTS）和亞馬遜網路服務（AWS）開發了名為Diverge的平台，該平台最佳化企業和家庭智慧電錶和燃氣表的高頻資料，並協助能源公司管理再生能源。此外，無線通訊技術的日益普及使得智慧電錶的運作和部署更加實用、成本更低，從而刺激了市場的發展。例如，2023年12月，電信業者之一的Bharti Airtel與IntelliSmart Infrastructure達成策略夥伴關係，利用物聯網技術連接多達2千萬個智慧電錶。

需要即時數據

消費者對計費透明度的要求日益提高，這推動了智慧電錶市場的收入成長。除此之外，這些電錶還為客戶提供有關其能源消耗模式的詳細見解，從而鼓勵他們做出明智的決定。例如，2024 年 3 月，英國配電公司蘇格蘭和南方電力網路公司 (SSEN) 將其完整的智慧電錶半小時消耗資料集開放供公眾存取。此外，SSEN 成為英國首批提供此類資料的網路營運商之一，並率先開發了用於在該國分發資料的開放資料入口網站。除此之外，主要公司正致力於透過增加對智慧電錶技術的投資來提高客戶滿意度，從而提升智慧電錶市場的近期價格。例如，2023 年 10 月，數據通訊公司 (DCC) 和英國能源系統彈射器加速存取智慧電錶資料，以提高透明度。此外，對客戶和公用事業提供者互惠互利的數據驅動洞察的需求不斷成長，預計將在未來幾年推動市場發展。例如，2024 年 2 月，GE Vernova 推出了 GridOS Data Fabric，專門用於協助公用事業公司營運智慧電網。

智慧電錶市場細分：

IMARC Group對市場各個領域的主要趨勢進行了分析，並對 2025 年至 2033 年全球、區域和國家層面的智慧電錶市場進行了預測。我們的報告根據類型、階段和最終用戶對市場進行了分類。

按類型分列：

  • 進階計量基礎設施 (AMI)
  • 自動抄表（AMR）

先進計量基礎設施（AMI）佔據市場主導地位

高級計量基礎設施 (AMI) 正在佔據市場主導地位，因為它允許即時資料收集，從而可以立即洞察能源消耗模式。除此之外，AMI 系統還有助於最大限度地減少計費錯誤和糾紛的可能性。除此之外，它們還允許中央系統和儀表之間進行雙向通訊，從而促進遠端監控甚至韌體更新。此外，先進的計量基礎設施有助於快速檢測和隔離停電，從而提高電網的整體可靠性和效率。因此，它在全球範圍內獲得了廣泛的關注。例如，2023 年 11 月，領先的國際先進計量基礎設施 (AMI) 供應商之一 Trilliant 宣布與印度著名的數位解決方案提供商之一 IntelliSmart Infrastructure Private Limited 合作，成為其前端系統 (HES) 蜂窩實施的軟體合作夥伴之一。

依階段分類：

  • 單相
  • 三相

根據智慧電錶市場統計，單相智慧電錶主要用於住宅環境，住宅環境代表了大多數電力消費者。與此相符的是，單相電錶的操作相對簡單，因此更易於維護和使用。三相智慧電錶廣泛應用於商業和工業環境，這些環境通常對功率有更高的要求。此外，它們能夠實現更有效率、更均衡的電力分配，特別是在負載可變或重型機械的環境中，使其成為工業的首選。

按最終用戶分類：

  • 工業的
  • 商業的
  • 住宅

住宅佔據智慧電錶市場最大佔有率

這一細分市場的成長是由對電力使用即時資料不斷成長的需求推動的，這使得消費者能夠更好地了解消費模式並採取措施減少浪費。除此之外，智慧電錶的自動化特性消除了手動抄表的需要，使計費過程更加有效率和準確。例如，2023年10月，Eversource為其在美國康乃狄克州的1,20多萬住宅和小型企業客戶安裝了智慧電錶。此外，2023年12月，Xylem推出了一款具有先進電網邊緣功能的新型家用電錶。

按地區分類：

  • 北美洲
  • 美國
  • 加拿大
  • 亞太
  • 中國
  • 日本
  • 印度
  • 韓國
  • 澳洲
  • 印尼
  • 其他
  • 歐洲
  • 德國
  • 法國
  • 英國
  • 義大利
  • 西班牙
  • 俄羅斯
  • 其他
  • 拉丁美洲
  • 巴西
  • 墨西哥
  • 其他
  • 中東和非洲

亞太地區在市場上佔據明顯主導地位

市場研究報告也對所有主要區域市場進行了全面分析，包括北美（美國和加拿大）；亞太地區（中國、日本、印度、韓國、澳洲、印尼等）；歐洲（德國、法國、英國、義大利、西班牙、俄羅斯等）；拉丁美洲（巴西、墨西哥等）；以及中東和非洲。報告顯示，亞太地區佔據最大的市場佔有率。

公用事業公司對新型智慧電錶基礎設施的投資不斷增加，代表著智慧電錶市場近期的機會。例如，2024年2月，Salzer在印度建立了智慧電錶製造業務，年產能將達到400萬台智慧能源表。為此，2024 年 2 月，IGL Genesis Technologies 與中國杭州 Beta Meter 簽署協議，以約 2 億盧比的價格購買智慧電錶製造技術，以先進的計量解決方案增強印度的能源基礎設施。除此之外，越來越多的技術中心為智慧電錶等先進技術的開發和應用提供了堅實的基礎，將在預測期內繼續支撐區域市場。例如，2023 年 3 月，領先的物聯網 (IoT) 解決方案供應商之一 JioThings 與法國電力公司 EDF 和能源效率服務有限公司 (EESL) 合作，在比哈爾邦部署了一百萬個智慧預付費電錶。為此，2023 年 9 月，HPL Electric and Power Ltd 與 Wirepas Oy 建立策略合作夥伴關係，在印度啟動智慧計量專案。

競爭格局：

領先的公司正在採用即時追蹤和高級分析來增強智慧電錶的功能、可靠性和效率。此外，他們還透過調整產品來滿足當地法規和消費者偏好，從而實現地理擴張。此外，一些主要參與者正在與公用事業公司、科技公司和地方政府建立策略聯盟，以加速智慧電錶的採用。除此之外，智慧電錶市場公司正在投資安全資料加密，以保護用戶資料免遭未經授權的存取。此外，他們還遵守國際和地方法規，例如能源效率標準和資料保護法，以確保其產品達到或超過這些標準。此外，主要參與者正在開發方便用戶使用的介面和行動應用程式，讓消費者能夠即時監控他們的能源消耗，從而促進負責任的能源使用。

市場研究報告對競爭格局進行了全面的分析。也提供了所有主要公司的詳細資料。市場中的一些主要參與者包括：

  • ABB有限公司
  • Aclara Technologies LLC（Hubbell Incorporated）
  • Genus Power Infrastructures 有限公司
  • 華立科技有限公司
  • 霍尼韋爾國際公司
  • 伊斯克雷梅科集團
  • 伊創公司
  • 江蘇林洋能源有限公司
  • 蘭迪斯+吉爾
  • 微晶片科技公司
  • 施耐德電機
  • 威勝集團

（請注意，這只是關鍵參與者的部分列表，完整列表在報告中提供。）

智慧電錶市場最新發展：

2024 年 5 月：領先的消費性電子品牌之一 Oakter 推出了 Oakmeter，這是一款具有即時資料和物聯網功能的智慧能源表。

2024 年 3 月：馬哈拉施特拉邦電力配送有限公司 (MSEDCL) 在那格浦爾推出了預付費智慧電錶，作為改進配電產業計畫 (RDSS) 的一部分。

2024 年 1 月：私人輸配電公司 Adani Energy Solutions Limited (AESL) 與 Esyasoft Holdings 成立合資企業，在印度和其他國家實施智慧計量專案。

本報告回答的關鍵問題

  • 什麼是智慧電錶
  • 智慧電錶市場有多大
  • 2025-2033年全球智慧電錶市場的預期成長率是多少
  • 哪個細分領域佔據智慧電錶市場佔有率最大
  • 推動全球智慧電錶市場的關鍵因素有哪些
  • 根據類型，全球智慧電錶市場的主要細分市場是什麼
  • 根據相位，全球智慧電錶市場的主要細分市場是什麼
  • 根據最終用戶來看，全球智慧電錶市場的主要細分市場是什麼
  • 全球智慧電錶市場重點區域有哪些
  • 10.全球智慧電錶市場的主要參與者/公司有哪些？

本報告回答的關鍵問題

  • 什麼是智慧電錶？智慧電錶市場有多大？
  • 2025-2033年全球智慧電錶市場的預期成長率是多少？
  • 哪個細分領域佔據了智慧電錶市場的最大佔有率？
  • 推動全球智慧電錶市場發展的關鍵因素有哪些？
  • 根據類型，全球智慧電錶市場的主要細分市場是什麼？
  • 根據相位，全球智慧電錶市場的主要細分市場是什麼？
  • 從最終用戶角度來看，全球智慧電錶市場的主要細分市場是什麼？
  • 全球智慧電錶市場重點區域有哪些？
  • 全球智慧電錶市場的主要參與者/公司有哪些？

目錄

第1章：前言

第2章：範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 次要來源
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章：執行摘要

第4章：簡介

  • 概述
  • 主要行業趨勢

第5章：全球智慧電錶市場

  • 市場概覽
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章：市場細分：依類型

  • 進階計量基礎設施 (AMI)
  • 自動抄表（AMR）

第7章：市場區隔：依階段

  • 單相
  • 三相

第8章：市場區隔：按最終用戶

  • 工業的
  • 商業的
  • 住宅

第9章：市場細分：依地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場區隔：依國家

第10章：SWOT分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章：價值鏈分析

第 12 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第13章：價格分析

第 14 章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • ABB Ltd.
    • Aclara Technologies LLC (Hubbell Incorporated)
    • Genus Power Infrastructures Ltd.
    • Holley Technology Ltd.
    • Honeywell International Inc.
    • Iskraemeco Group
    • Itron Inc.
    • Jiangsu Linyang Energy Co. Ltd.
    • Landis+Gyr
    • Microchip Technology Inc.
    • Schneider Electric SE
    • Wasion Group
Product Code: SR112025A5602

The global smart electric meter market size reached USD 27.4 Billion in 2024. Looking forward, the market is forecasted to reach USD 48.6 Billion by 2033, exhibiting a growth rate (CAGR) of 6.6% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 40.9% in 2024. The increasing investments in smart grid infrastructure, government initiatives for energy efficiency, rising urbanization, regulatory mandates, renewable energy integration, and advancements in IoT-enabled technologies for real-time energy management are propelling the market across the region.

Smart Electric Meter Market Analysis:

Major Market Drivers: The rising emphasis of individuals on efficient energy consumption and sustainability is driving the overall market. Additionally, the inflating popularity of smart meters as a modern solution for grid management is also acting as another significant growth-inducing factor.

Key Market Trends: Continuous advancements in wireless communication technologies are among the emerging trends in the market. Besides this, the increasing inclination among consumers towards more interconnected and smart energy management is further bolstering the global market.

Geographical Trends: Asia Pacific exhibits a clear dominance in the market. This can be attributed to the rising awareness among individuals towards energy conservation, which is escalating the demand for smart meters across the region to monitor and control electricity usage.

Competitive Landscape: According to the smart electric meter market overview, some of the prominent companies include ABB Ltd., Aclara Technologies LLC (Hubbell Incorporated), Genus Power Infrastructures Ltd., Holley Technology Ltd., Honeywell International Inc., Iskraemeco Group, Itron Inc., Jiangsu Linyang Energy Co. Ltd., Landis+Gyr, Microchip Technology Inc., Schneider Electric SE, and Wasion Group, among many others.

Challenges and Opportunities: The elevating concerns related to data privacy and cybersecurity are hampering the global market. As smart meters collect and transmit detailed energy usage data in real-time, they pose potential privacy risks. However, the implementation of stringent data protection laws by government bodies is expected to fuel the market over the forecasted period.

Smart Electric Meter Market Trends:

Favorable Regulatory Support

The implementation of various regulations by government bodies that mandate the installation of smart meters to meet sustainability objective and modernize grid infrastructures is strengthening the market. As of Decem-ber 2022, acc-ording to the National Smart Grid Miss-ion (NSGM) dashboard, a total of 222 million smart meters were sanctioned in India, with 7.9 million already installed. Moreover, regulatory bodies also offer financial incentives, such as grants or tax breaks, to expedite the adoption of smart meter technology. This, in turn, is propelling the smart electric meter market demand. For instance, in June 2022, the Ministry of Power in India launched the Revamped Distribution Sector Scheme (RDSS) initiative, which aims to improve the operational efficiency and financial sustainability of discoms. The scheme incorpora-tes all projects sanctioned under programs, such as the Deen-dayal Upadhyay Gram Jyoti Yojana, the Integrated Po-wer Development Scheme, the Prime Minister's Development Pack-age 2015, etc. Additionally, the main objectives of smart metering initiatives under the RDSS are to reduce AT&C losses to 12 to 15%, lower the average cost of supply-average revenue realized gap to zero by the financial year 2024-25, enhance the reliability, quality, and affordability of power supply to consumers by creating a financially sustainable and operationally efficient distribution sector, etc. In line with this, they are also collaborating with utility companies to initiate large-scale smart meter rollouts, thereby aiming to replace outdated meters with smart ones. For instance, in September 2023, the Union Minister for Power and New & Renewable Energy in India informed that the RDSS guidelines mandated the roll-out of smart meters via public-private partnership (PPP) on total expenditure (TOTEX) mode to provide support to DISCOMS and avoid post-implementation operational issues. Apart from this, in June 2023, the Ministry of Energy launched a pilot program with the support of the United Nations Development Programme to install smart meters for measuring electricity consumption in Moldova, Europe.

Continuous Technological Advancements

The increasing integration of machine learning (ML) algorithms and Internet of Things (IoT) technology to enhance the capabilities and reliability of smart electric meters is positively influencing the smart electric meter market outlook. Additionally, these innovations offer predictive maintenance, provide real-time data analytics, even adapt to changing usage patterns, etc., which is acting as another significant growth-inducing factor. For example, in July 2023, Bern-based BKW announced the deployment of a meter data management platform across their meter network in Switzerland. Besides this, the introduction of comprehensive energy management systems is also contributing to the market growth. For instance, in December 2023, Vector Technology Solutions (VTS) and Amazon Web Services (AWS) developed the platform named Diverge that optimizes high-frequency data from smart electricity and gas meters in businesses and homes and assists energy companies in managing renewable power sources. Furthermore, the elevating popularity of wireless communication technologies has made the operation and deployment of smart meters more practical and less expensive, which is stimulating the market. For example, in December 2023, Bharti Airtel, one of the telecom operators, entered into a strategic partnership with IntelliSmart Infrastructure to connect up to 2 crore smart meters with the Internet of Things technology.

Need for Real-Time Data

The growing consumer requirement for transparency in billing is fueling the smart electric meter market revenue. Apart from this, these meters offer customers with detailed insights into their energy consumption patterns, thereby encouraging them to make informed decisions. For instance, in March 2024, GB distribution company Scottish and Southern Electricity Networks (SSEN) made its full smart meter half-hourly consumption datasets available as open access. Moreover, SSEN became one of the first network operators in Britain to make such data available, having pioneered the development of an open data portal for the distribution of data in the country. Besides this, key companies are focusing on improving customer satisfaction by investing more in smart electric meter technology, which is elevating the smart electric meter market's recent price. For example, in October 2023, Data Communications Company (DCC) and the UK's Energy Systems Catapult accelerated access to smart meter data for greater transparency. Additionally, the inflating demand for data-driven insights that are mutually beneficial for customers and utility providers is expected to drive the market in the coming years. For instance, in February 2024, GE Vernova introduced GridOS Data Fabric, which is specifically designed to help utilities in operating smart grids.

Smart Electric Meter Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with the smart electric meter market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the type, phase, and end user.

Breakup by Type:

  • Advanced Metering Infrastructure (AMI)
  • Automatic Meter Reading (AMR)

Advanced metering infrastructure (AMI) dominate the market

Advanced metering infrastructure (AMI) is dominating the market as it allows real-time data collection, thereby providing immediate insights into energy consumption patterns. Besides this, AMI systems assist in minimizing the chances of billing errors and disputes. Apart from this, they allow two-way communication between the central system and the meter, thereby facilitating remote monitoring and even firmware updates. Furthermore, advanced metering infrastructure aids in detecting and isolating outages quickly, thereby improving the overall reliability and efficiency of the electric grid. Consequently, it is gaining extensive traction across the globe. For example, in November 2023, Trilliant, one of the leading international providers of advanced metering infrastructure (AMI), announced the collaboration with IntelliSmart Infrastructure Private Limited, one of the prominent digital solutions providers in India, as one of its software partners for its Head-end System (HES) cellular implementations.

Breakup by Phase:

  • Single Phase
  • Three Phase

As per the smart electric meter market statistics, single-phase smart electric meters are mainly used in residential settings, which represent most electricity consumers. In line with this, the operation of single-phase meters is relatively straightforward, making them easier to maintain, and use. Three-phase smart electric meters are widely adopted in both commercial and industrial settings, which often have higher power requirements. Moreover, they allow more efficient and balanced power distribution, particularly in settings with variable loads or heavy machinery, making them the preferred choice for industries.

Breakup by End User:

  • Industrial
  • Commercial
  • Residential

Residential hold the largest smart electric meter market share

The growth in this segmentation is propelled by the inflating need for real-time data on electricity usage, which enabled consumers to understand consumption patterns better and initiate steps to minimize wastage. Apart from this, the automated nature of smart meters eliminates the need for manual meter readings, making the billing process more efficient and accurate. For instance, in October 2023, Eversource installed smart meters for its more than 1.2 million residential and small business customers in Connecticut, U.S. Moreover, in December 2023, Xylem introduced a novel residential electric meter with advanced grid edge capabilities.

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Asia Pacific exhibits a clear dominance in the market

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The rising investments by utility companies in novel smart meter infrastructures represent the smart electric meter market's recent opportunities. For instance, in February 2024, Salzer established a smart meter manufacturing business in India, which will have an annual production capacity of 4 million smart energy meters. In line with this, in February 2024, IGL Genesis Technologies signed a deal with China-based Hangzhou Beta Meter to buy smart meter manufacturing technology for about Rs 20 Crore to enhance the energy infrastructure in India with advanced metering solutions. Apart from this, the increasing number of tech hubs that provide a strong foundation for the development and adoption of advanced technologies, including smart electric meters, will continue to bolster the regional market over the forecasted period. For example, in March 2023, JioThings, one of the leading Internet of Things (IoT) solution providers, partnered with EDF, an electric utility firm in France, and Energy Efficiency Services Limited (EESL) to deploy one million smart prepaid meters in the state of Bihar. In line with this, in September 2023, HPL Electric and Power Ltd entered into a strategic partnership with Wirepas Oy to launch smart metering projects in India.

Competitive Landscape:

Leading companies are incorporating real-time tracking and advanced analytics to enhance the features, reliability, and efficiency of smart electric meters. Furthermore, they are expanding geographically by adapting products to meet local regulations and consumer preferences. In addition, several key players are entering into strategic alliances with utility companies, tech firms, and local governments to accelerate the adoption of smart meters. Besides this, smart electric meter market companies are investing in secure data encryptions to protect user data from unauthorized access. Additionally, they are adhering to international and local regulations, such as energy efficiency standards and data protection laws, to ensure that their products meet or exceed these standards. Moreover, major players are developing user-friendly interfaces and mobile apps that allow consumers to monitor their energy consumption in real-time, thereby promoting responsible energy usage.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • ABB Ltd.
  • Aclara Technologies LLC (Hubbell Incorporated)
  • Genus Power Infrastructures Ltd.
  • Holley Technology Ltd.
  • Honeywell International Inc.
  • Iskraemeco Group
  • Itron Inc.
  • Jiangsu Linyang Energy Co. Ltd.
  • Landis+Gyr
  • Microchip Technology Inc.
  • Schneider Electric SE
  • Wasion Group

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Smart Electric Meter Market Recent Developments:

May 2024: Oakter, one of the leading consumer electronics brands, introduced Oakmeter, which is a smart energy meter with real-time data and Internet of Things capabilities.

March 2024: The Maharashtra State Electricity Distribution Company Limited (MSEDCL) launched pre-paid smart electricity meters in Nagpur as a part of the Revamped Distribution Sector Scheme (RDSS).

January 2024: Adani Energy Solutions Limited (AESL), a private transmission and distribution company, formed a joint venture with Esyasoft Holdings to implement smart metering projects in India and other countries.

Key Questions Answered in This Report

  • 1.What is a smart electric meter?
  • 2.How big is the smart electric meter market?
  • 3.What is the expected growth rate of the global smart electric meter market during 2025-2033?
  • 4.Which segment accounted for the largest smart electricity meter market share?
  • 5.What are the key factors driving the global smart electric meter market?
  • 6.What is the leading segment of the global smart electric meter market based on the type?
  • 7.What is the leading segment of the global smart electric meter market based on phase?
  • 8.What is the leading segment of the global smart electric meter market based on end user?
  • 9.What are the key regions in the global smart electric meter market?
  • 10.Who are the key players/companies in the global smart electric meter market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Smart Electric Meter Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Advanced Metering Infrastructure (AMI)
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Automatic Meter Reading (AMR)
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Phase

  • 7.1 Single Phase
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Three Phase
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by End User

  • 8.1 Industrial
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Commercial
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Residential
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 ABB Ltd.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Aclara Technologies LLC (Hubbell Incorporated)
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 SWOT Analysis
    • 14.3.3 Genus Power Infrastructures Ltd.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Holley Technology Ltd.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Honeywell International Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
    • 14.3.6 Iskraemeco Group
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Itron Inc.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 Jiangsu Linyang Energy Co. Ltd.
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
    • 14.3.9 Landis+Gyr
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
    • 14.3.10 Microchip Technology Inc.
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Schneider Electric SE
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
    • 14.3.12 Wasion Group
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials

List of Figures

  • Figure 1: Global: Smart Electric Meter Market: Major Drivers and Challenges
  • Figure 2: Global: Smart Electric Meter Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Smart Electric Meter Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 4: Global: Smart Electric Meter Market: Breakup by Type (in %), 2024
  • Figure 5: Global: Smart Electric Meter Market: Breakup by Phase (in %), 2024
  • Figure 6: Global: Smart Electric Meter Market: Breakup by End User (in %), 2024
  • Figure 7: Global: Smart Electric Meter Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Smart Electric Meter (Advanced Metering Infrastructure (AMI)) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Smart Electric Meter (Advanced Metering Infrastructure (AMI)) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Smart Electric Meter (Automatic Meter Reading (AMR)) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Smart Electric Meter (Automatic Meter Reading (AMR)) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Smart Electric Meter (Single Phase) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Smart Electric Meter (Single Phase) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Smart Electric Meter (Three Phase) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Smart Electric Meter (Three Phase) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Smart Electric Meter (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Smart Electric Meter (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Smart Electric Meter (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Smart Electric Meter (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Smart Electric Meter (Residential) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Smart Electric Meter (Residential) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: North America: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: North America: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: United States: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: United States: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Canada: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Canada: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: Asia-Pacific: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: Asia-Pacific: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: China: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: China: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: Japan: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: Japan: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: India: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: India: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: South Korea: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: South Korea: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Australia: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Australia: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: Indonesia: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: Indonesia: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: Others: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: Others: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: Europe: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: Europe: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: Germany: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: Germany: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: France: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: France: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: United Kingdom: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: United Kingdom: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Italy: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Italy: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: Spain: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: Spain: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: Russia: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: Russia: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: Others: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: Others: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: Latin America: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: Latin America: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Brazil: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Brazil: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Mexico: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Mexico: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Others: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Others: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: Middle East and Africa: Smart Electric Meter Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: Middle East and Africa: Smart Electric Meter Market: Breakup by Country (in %), 2024
  • Figure 70: Middle East and Africa: Smart Electric Meter Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 71: Global: Smart Electric Meter Industry: SWOT Analysis
  • Figure 72: Global: Smart Electric Meter Industry: Value Chain Analysis
  • Figure 73: Global: Smart Electric Meter Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Smart Electric Meter Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Smart Electric Meter Market Forecast: Breakup by Type (in Million USD), 2025-2033
  • Table 3: Global: Smart Electric Meter Market Forecast: Breakup by Phase (in Million USD), 2025-2033
  • Table 4: Global: Smart Electric Meter Market Forecast: Breakup by End User (in Million USD), 2025-2033
  • Table 5: Global: Smart Electric Meter Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Smart Electric Meter Market: Competitive Structure
  • Table 7: Global: Smart Electric Meter Market: Key Players