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Published On: Feb 10, 2025

Global Electric Smart Meter Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

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Summary
A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing.
According to APO Research, The global Electric Smart Meter market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Electric Smart Meter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Electric Smart Meter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The China market for Electric Smart Meter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Electric Smart Meter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Electric Smart Meter include Landis+Gyr, Itron, Honeywell Elster, Aclara Technologies (GE Meter), ELO Sistemas Eletronicos, Sensus, IUSA, Siemens and Nansen, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
In terms of production side, this report researches the Electric Smart Meter production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.
In terms of consumption side, this report focuses on the sales of Electric Smart Meter by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.
This report presents an overview of global market for Electric Smart Meter, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of Electric Smart Meter, also provides the consumption of main regions and countries. Of the upcoming market potential for Electric Smart Meter, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Electric Smart Meter sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Electric Smart Meter market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Electric Smart Meter sales, projected growth trends, production technology, application and end-user industry.
Electric Smart Meter Segment by Company
Landis+Gyr
Itron
Honeywell Elster
Aclara Technologies (GE Meter)
ELO Sistemas Eletronicos
Sensus
IUSA
Siemens
Nansen
S&T AG
Electric Smart Meter Segment by Type
Single-phase Smart Meter
Three-phase Smart Meter
Electric Smart Meter Segment by Application
Residential Application
Commercial Application
Industrial Application
Electric Smart Meter Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Smart Meter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Smart Meter and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Smart Meter.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Electric Smart Meter market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Electric Smart Meter industry.
Chapter 3: Detailed analysis of Electric Smart Meter market competition landscape. Including Electric Smart Meter manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, 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: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Electric Smart Meter by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Electric Smart Meter 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, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
Table 1:Electric Smart Meter Industry Trends
Table 2:Electric Smart Meter Industry Drivers
Table 3:Electric Smart Meter Industry Opportunities and Challenges
Table 4:Electric Smart Meter Industry Restraints
Table 5:Global Electric Smart Meter Production Value by Manufacturers (US$ Million) & (2020-2025)
Table 6:Global Electric Smart Meter Production Value Share by Manufacturers (2020-2025)
Table 7:Global Electric Smart Meter Production by Manufacturers (K Units) & (2020-2025)
Table 8:Global Electric Smart Meter Production Market Share by Manufacturers
Table 9:Global Electric Smart Meter Average Price (USD/Unit) of Manufacturers (2020-2025)
Table 10:Global Electric Smart Meter Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
Table 11:Global Electric Smart Meter Key Manufacturers Manufacturing Sites & Headquarters
Table 12:Global Electric Smart Meter Manufacturers, Product Type & Application
Table 13:Global Electric Smart Meter Manufacturers Established Date
Table 14:Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15:Global Electric Smart Meter by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2024)
Table 16:Major Manufacturers of Single-phase Smart Meter
Table 17:Major Manufacturers of Three-phase Smart Meter
Table 18:Global Electric Smart Meter Production by Type 2020 VS 2024 VS 2031 (K Units)
Table 19:Global Electric Smart Meter Production by Type (2020-2025) & (K Units)
Table 20:Global Electric Smart Meter Production by Type (2026-2031) & (K Units)
Table 21:Global Electric Smart Meter Production Market Share by Type (2020-2025)
Table 22:Global Electric Smart Meter Production Market Share by Type (2026-2031)
Table 23:Global Electric Smart Meter Production Value by Type 2020 VS 2024 VS 2031 (K Units)
Table 24:Global Electric Smart Meter Production Value by Type (2020-2025) & (K Units)
Table 25:Global Electric Smart Meter Production Value by Type (2026-2031) & (K Units)
Table 26:Global Electric Smart Meter Production Value Market Share by Type (2020-2025)
Table 27:Global Electric Smart Meter Production Value Market Share by Type (2026-2031)
Table 28:Major Manufacturers of Residential Application
Table 29:Major Manufacturers of Commercial Application
Table 30:Major Manufacturers of Industrial Application
Table 31:Global Electric Smart Meter Production by Application 2020 VS 2024 VS 2031 (K Units)
Table 32:Global Electric Smart Meter Production by Application (2020-2025) & (K Units)
Table 33:Global Electric Smart Meter Production by Application (2026-2031) & (K Units)
Table 34:Global Electric Smart Meter Production Market Share by Application (2020-2025)
Table 35:Global Electric Smart Meter Production Market Share by Application (2026-2031)
Table 36:Global Electric Smart Meter Production Value by Application 2020 VS 2024 VS 2031 (K Units)
Table 37:Global Electric Smart Meter Production Value by Application (2020-2025) & (K Units)
Table 38:Global Electric Smart Meter Production Value by Application (2026-2031) & (K Units)
Table 39:Global Electric Smart Meter Production Value Market Share by Application (2020-2025)
Table 40:Global Electric Smart Meter Production Value Market Share by Application (2026-2031)
Table 41:Landis+Gyr Company Information
Table 42:Landis+Gyr Business Overview
Table 43:Landis+Gyr Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 44:Landis+Gyr Electric Smart Meter Product Portfolio
Table 45:Landis+Gyr Recent Development
Table 46:Itron Company Information
Table 47:Itron Business Overview
Table 48:Itron Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 49:Itron Electric Smart Meter Product Portfolio
Table 50:Itron Recent Development
Table 51:Honeywell Elster Company Information
Table 52:Honeywell Elster Business Overview
Table 53:Honeywell Elster Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 54:Honeywell Elster Electric Smart Meter Product Portfolio
Table 55:Honeywell Elster Recent Development
Table 56:Aclara Technologies (GE Meter) Company Information
Table 57:Aclara Technologies (GE Meter) Business Overview
Table 58:Aclara Technologies (GE Meter) Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 59:Aclara Technologies (GE Meter) Electric Smart Meter Product Portfolio
Table 60:Aclara Technologies (GE Meter) Recent Development
Table 61:ELO Sistemas Eletronicos Company Information
Table 62:ELO Sistemas Eletronicos Business Overview
Table 63:ELO Sistemas Eletronicos Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 64:ELO Sistemas Eletronicos Electric Smart Meter Product Portfolio
Table 65:ELO Sistemas Eletronicos Recent Development
Table 66:Sensus Company Information
Table 67:Sensus Business Overview
Table 68:Sensus Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 69:Sensus Electric Smart Meter Product Portfolio
Table 70:Sensus Recent Development
Table 71:IUSA Company Information
Table 72:IUSA Business Overview
Table 73:IUSA Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 74:IUSA Electric Smart Meter Product Portfolio
Table 75:IUSA Recent Development
Table 76:Siemens Company Information
Table 77:Siemens Business Overview
Table 78:Siemens Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 79:Siemens Electric Smart Meter Product Portfolio
Table 80:Siemens Recent Development
Table 81:Nansen Company Information
Table 82:Nansen Business Overview
Table 83:Nansen Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 84:Nansen Electric Smart Meter Product Portfolio
Table 85:Nansen Recent Development
Table 86:S&T AG Company Information
Table 87:S&T AG Business Overview
Table 88:S&T AG Electric Smart Meter Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 89:S&T AG Electric Smart Meter Product Portfolio
Table 90:S&T AG Recent Development
Table 91:Global Electric Smart Meter Production by Region: 2020 VS 2024 VS 2031 (K Units)
Table 92:Global Electric Smart Meter Production by Region (2020-2025) & (K Units)
Table 93:Global Electric Smart Meter Production Market Share by Region (2020-2025)
Table 94:Global Electric Smart Meter Production Forecast by Region (2026-2031) & (K Units)
Table 95:Global Electric Smart Meter Production Market Share Forecast by Region (2026-2031)
Table 96:Global Electric Smart Meter Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 97:Global Electric Smart Meter Production Value by Region (2020-2025) & (US$ Million)
Table 98:Global Electric Smart Meter Production Value Share by Region (2020-2025)
Table 99:Global Electric Smart Meter Production Value by Region (2026-2031) & (US$ Million)
Table 100:Global Electric Smart Meter Production Value Share by Region: (2026-2031) & (US$ Million)
Table 101:Global Electric Smart Meter Market Average Price (USD/Unit) by Region (2020-2025)
Table 102:Global Electric Smart Meter Market Average Price (USD/Unit) by Region (2026-2031)
Table 103:Global Electric Smart Meter Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
Table 104:Global Electric Smart Meter Consumption by Region (2020-2025) & (K Units)
Table 105:Global Electric Smart Meter Consumption Market Share by Region (2020-2025)
Table 106:Global Electric Smart Meter Consumption Forecasted by Region (2026-2031) & (K Units)
Table 107:Global Electric Smart Meter Consumption Forecasted Market Share by Region (2026-2031)
Table 108:North America Electric Smart Meter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 109:North America Electric Smart Meter Consumption by Country (2020-2025) & (K Units)
Table 110:North America Electric Smart Meter Consumption by Country (2026-2031) & (K Units)
Table 111:Europe Electric Smart Meter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 112:Europe Electric Smart Meter Consumption by Country (2020-2025) & (K Units)
Table 113:Europe Electric Smart Meter Consumption by Country (2026-2031) & (K Units)
Table 114:Asia Pacific Electric Smart Meter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 115:Asia Pacific Electric Smart Meter Consumption by Country (2020-2025) & (K Units)
Table 116:Asia Pacific Electric Smart Meter Consumption by Country (2026-2031) & (K Units)
Table 117:South America Electric Smart Meter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 118:South America Electric Smart Meter Consumption by Country (2020-2025) & (K Units)
Table 119:South America Electric Smart Meter Consumption by Country (2026-2031) & (K Units)
Table 120:Middle East & Africa Electric Smart Meter Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 121:Middle East & Africa Electric Smart Meter Consumption by Country (2020-2025) & (K Units)
Table 122:Middle East & Africa Electric Smart Meter Consumption by Country (2026-2031) & (K Units)
Table 123:Key Raw Materials
Table 124:Raw Materials Key Suppliers
Table 125:Electric Smart Meter Distributors List
Table 126:Electric Smart Meter Customers List
Table 127:Research Programs/Design for This Report
Table 128:Authors List of This Report
Table 129:Secondary Sources
Table 130:Primary Sources
Figure 1:Electric Smart Meter Product Image
Figure 2:Global Electric Smart Meter Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 3:Global Electric Smart Meter Production Value (2020-2031) & (US$ Million)
Figure 4:Global Electric Smart Meter Production Capacity (2020-2031) & (K Units)
Figure 5:Global Electric Smart Meter Production (2020-2031) & (K Units)
Figure 6:Global Electric Smart Meter Average Price (USD/Unit) & (2020-2031)
Figure 7:Global Top 5 and 10 Electric Smart Meter Players Market Share by Production Value in 2024
Figure 8:Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 9:Single-phase Smart Meter Image
Figure 10:Three-phase Smart Meter Image
Figure 11:Global Electric Smart Meter Production by Type (2020 VS 2024 VS 2031) & (K Units)
Figure 12:Global Electric Smart Meter Production Market Share 2020 VS 2024 VS 2031
Figure 13:Global Electric Smart Meter Production Market Share by Type (2020-2031)
Figure 14:Global Electric Smart Meter Production Value by Type (2020 VS 2024 VS 2031) & (K Units)
Figure 15:Global Electric Smart Meter Production Value Share 2020 VS 2024 VS 2031
Figure 16:Global Electric Smart Meter Production Value Share by Type (2020-2031)
Figure 17:Residential Application Image
Figure 18:Commercial Application Image
Figure 19:Industrial Application Image
Figure 20:Global Electric Smart Meter Production by Application (2020 VS 2024 VS 2031) & (K Units)
Figure 21:Global Electric Smart Meter Production Market Share 2020 VS 2024 VS 2031
Figure 22:Global Electric Smart Meter Production Market Share by Application (2020-2031)
Figure 23:Global Electric Smart Meter Production Value by Application (2020 VS 2024 VS 2031) & (K Units)
Figure 24:Global Electric Smart Meter Production Value Share 2020 VS 2024 VS 2031
Figure 25:Global Electric Smart Meter Production Value Share by Application (2020-2031)
Figure 26:Global Electric Smart Meter Production by Region: 2020 VS 2024 VS 2031 (K Units)
Figure 27:Global Electric Smart Meter Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 28:Global Electric Smart Meter Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 29:Global Electric Smart Meter Production Value Share by Region: 2020 VS 2024 VS 2031
Figure 30:North America Electric Smart Meter Production Value (2020-2031) & (US$ Million)
Figure 31:Europe Electric Smart Meter Production Value (2020-2031) & (US$ Million)
Figure 32:Asia-Pacific Electric Smart Meter Production Value (2020-2031) & (US$ Million)
Figure 33:South America Electric Smart Meter Production Value (2020-2031) & (US$ Million)
Figure 34:Middle East & Africa Electric Smart Meter Production Value (2020-2031) & (US$ Million)
Figure 35:North America Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 36:North America Electric Smart Meter Consumption Market Share by Country (2020-2031)
Figure 37:U.S. Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 38:Canada Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 39:Mexico Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 40:Europe Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 41:Europe Electric Smart Meter Consumption Market Share by Country (2020-2031)
Figure 42:Germany Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 43:France Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 44:U.K. Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 45:Italy Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 46:Netherlands Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 47:Asia Pacific Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 48:Asia Pacific Electric Smart Meter Consumption Market Share by Country (2020-2031)
Figure 49:China Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 50:Japan Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 51:South Korea Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 52:Southeast Asia Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 53:India Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 54:Australia Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 55:South America Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 56:South America Electric Smart Meter Consumption Market Share by Country (2020-2031)
Figure 57:Brazil Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 58:Argentina Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 59:Chile Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 60:Middle East & Africa Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 61:Middle East & Africa Electric Smart Meter Consumption Market Share by Country (2020-2031)
Figure 62:Egypt Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 63:South Africa Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 64:Israel Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 65:Türkiye Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 66:GCC Countries Electric Smart Meter Consumption and Growth Rate (2020-2031) & (K Units)
Figure 67:Electric Smart Meter Value Chain
Figure 68:Manufacturing Cost Structure
Figure 69:Electric Smart Meter Production Mode & Process
Figure 70:Direct Comparison with Distribution Share
Figure 71:Distributors Profiles
Figure 72:Years Considered
Figure 73:Research Process
Figure 74:Key Executives Interviewed

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Machinery & Equipment

Global Electric Smart Meter Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

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