The Global Smart Electricity Meter Market size is projected to register a CAGR of around 9% during the forecast period, 2022-27. According to MarkNtel Advisors Study.

Global Smart Electricity Meter Market Driver:

Government mandates and grid modernization to enable decarbonization and grid resilience: Rapid policy-driven grid modernization and mandatory smart-meter rollouts are a primary growth driver for the global smart electricity meter market. Governments and regulators worldwide are treating advanced metering infrastructure (AMI) as critical to meeting national decarbonization targets, improving energy efficiency, and integrating variable renewables — prompting large, often mandatory deployment programs and funding for utilities.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Smart Electricity Meter Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2021

-Historical Period: 2017 to 2020

-Forecast Period: 2022 to 2027

• By Technology
• Automated Meter Reading (AMR)- Market Size & Forecast 2020-2030, Thousand Units
• Advanced Metering Infrastructure (AMI)- Market Size & Forecast 2020-2030, Thousand Units   
• By Communication Technology Type
• Power Line Communication (PLC)- Market Size & Forecast 2020-2030, Thousand Units
• Radio Frequency (RF)- Market Size & Forecast 2020-2030, Thousand Units
• Cellular- Market Size & Forecast 2020-2030, Thousand Units
• By Phase
• One Phase- Market Size & Forecast 2020-2030, Thousand Units
• Three Phase- Market Size & Forecast 2020-2030, Thousand Units
• By Component
• Hardware- Market Size & Forecast 2020-2030, Thousand Units
• Software- Market Size & Forecast 2020-2030, Thousand Units
• Services- Market Size & Forecast 2020-2030, Thousand Units
• By End Users
• Municipal- Market Size & Forecast 2020-2030, Thousand Units
• Commercial- Market Size & Forecast 2020-2030, Thousand Units
• Industrial- Market Size & Forecast 2020-2030, Thousand Units
• Residential- Market Size & Forecast 2020-2030, Thousand Units
• By Region
• North America
• South America
• Europe
• Middle East and Africa
• Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Landis+Gyr, Itron, Wasion, Hexing, Elster, Sagemcom, Sensus, ADD, Aclara, Kamstrup are looking forward to strengthening their market positions.

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