Smart Meters Industry By Application (Industrial, Residential, Commercial ), By Type (Smart Water Meters, Smart Gas Meters, Smart Electric Meters), By Technology (Advanced Metering Infrastructure, Automatic Meter Reading) - Global Market Size Analysis and Forecast 2019-2025

Global Smart Meters Industry was valued at USD 12.77 Billion for the year 2017. Smart Meters Industry is further expected to grow at a CAGR of 9.74% from 2018 to reach USD 26.86 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2017. The Asia-Pacific region is also considered as the fastest growing Industry in the forecasted period. China is the major Industry in 2017 at country level and it is also further anticipated to grow at a steady pace in the next 5 years.
Major market players in smart meters industry are Siemens AG, EDMI Limited, Schneider Electric, Honeywell International Inc., Itron Inc., Sensus, Holley Metering LTD, EDMI ltd, Badger Meter Inc., Aclara Technologies, LLC, Wasion Group, ICSA LTD, and other 10 more companies detailed information is provided in research report. Better global reach at an operational level, is the main reason for holding this Industry share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.

SWOT Analysis of Smart Meters Industry:
Strength:
Increasing investments in Smart Grids
Government Legislation and Policies
Weakness:
High installation cost
Opportunities:
Implementation of IoT & big data analytics
Threats:
High maintenance cost

The segmentation done on the basis of Technology include Advanced Metering Infrastructure (AMI), and Automatic Meter Reading (AMR) of which the AMI segment is expected to hold the highest Industry share during the forecast period.

By Application
• Industrial
• Residential
• Commercial

By Technology
• Advanced Metering Infrastructure
• Automatic Meter Reading

By Type
• Smart Water Meters
• Smart Gas Meters
• Smart Electric Meters

By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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