Global Smart Metering Systems Market Insights, Forecast to 2028

Smart metering systems include smart water meter systems, smart electric meter systems, and smart gas meter systems. It is the basic equipment of data collection and undertakes the tasks of original data collection, measurement, and transmission, it is the foundation of information integration, analysis optimization, and information display.
Market Analysis and Insights: Global Smart Metering Systems Market
Due to the COVID-19 pandemic, the global Smart Metering Systems market size is estimated to be worth US$ 10530 million in 2022 and is forecast to a readjusted size of US$ 13090 million by 2028 with a CAGR of 3.7% during the review period. Fully considering the economic change by this health crisis, Smart Water Meter Systems accounting for % of the Smart Metering Systems global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Residential segment is altered to an % CAGR throughout this forecast period.
China Smart Metering Systems market size is valued at US$ million in 2021, while the US and Europe Smart Metering Systems are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Smart Metering Systems landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Smart Metering Systems include Itron, Siemens, Landis+Gyr, Schneider Electric SE, Circutor SA, Iskraemeco, Honeywell Elster, Osaki and Badger Meter, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Smart Metering Systems capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Smart Metering Systems by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Smart Metering Systems Scope and Segment
Smart Metering Systems market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Smart Metering Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Smart Water Meter Systems
Smart Electric Meter Systems
Smart Gas Meter Systems
Segment by Application
Residential
Commercial
Utility
By Company
Itron
Siemens
Landis+Gyr
Schneider Electric SE
Circutor SA
Iskraemeco
Honeywell Elster
Osaki
Badger Meter
Neptune Technology Group
Sensus
Aclara Technologies LLC
ICSA (India)
Holley Technology
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE