Smart Meters Market Research Report – Forecast to 2027

Smart Meters Market Research Report By Type (Electric Meters, Gas Meters and Water Meters), By Technology (Automatic Meter Reading (AMR) and Advanced Metering Infrastructure (AMI)), By Application (Residential, Commercial and Industrial) – Forecast to 2027

ID: MRFR/E&P/3150-CR | October, 2020 | Region : Global

Smart Meters Market Overview


Smart Meters Market is projected to be worth USD 43.31 Billion by 2027, registering a CAGR of 8.93% during the forecast period (2021 - 2027), The market was valued at USD 21.25 billion in 2020.

Global Smart Meters Market is expected to witness magnificent growth due to the rise in demand for devices in every sector. Smart meters are rapidly replacing traditional meters due to their accuracy in terms of proving better information. There is a number of factors influencing the growth of the market including fiscal incentives, appropriate policies of the government, and mandates. Furthermost, the rise in the investments from the government to support the smart meter installation in the end-user sectors such as industrial, residential, and commercial are increasing the growth of the global smart meter market. The global market value was $21.13 Billion in the year 2019, the advanced feature in the smart meters like automatic meter reading and generation of the bill is likely to boost the growth of the market further.


This report contains all the information on the global market research and the market strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global market and forecast to 2027 is also included in the report.


Covid 19 Analysis


The outbreak of the global pandemic covid 19 has grievously hit the smart meters market industry which has tremendously brought down the installation of the devices by 27% in the year 2020. This is the biggest fall down the industry has ever witnessed since 2017. The manufacturer of the device has faced several problems under which the postponed of the installation is the biggest impact along with that the unavailability of the required components for making smart meters and delays in the deliveries of the final products are some other major issues.


According to the market analysis, the lockdown phase had put a pause on the production of the devices which is the cause for the hike in the prices and eventually lowers the market demand. Furthermost, the global smart meter market is back on track after the lockdown and it is expected to create a steady demand from the industrial sector for the smart meters.


Competitive landscape


The smart meters market outlook is exceedingly competitive due to the deep-rooted market players of the global market. They are constantly looking for opportunities to upgrade the value chain and their main focus is on R&D investments, along with that expansion and M&A activities are also included. The strategies of the new players in the market are to provide aggressive prices to undersell the established providers and hold their strong presence in the international markets.


Major Key Players



  •         Siemens AG. (Germany)

  •         Schneider Electric (France)

  •         Landis+Gyr (Switzerland)

  •         Aclara Technologies LLC (U.S.)

  •         Xylem, Inc. (U.S.)

  •         Badger Meter, Inc. (U.S.)

  •         Itron Inc. (U.S.)

  •         Honeywell International Inc. (U.S.)

  •         EDMI (Singapore)

  •         DIEHL Metering (Germany)

  •         Apator Group (Poland)

  •         Kamstrup A/S (Denmark)

  •         Zenner (Germany)


Industry Updates 


HPL Electric and Power has received production clearance and approval from leading private distribution company to implement NB-IoT based smart meters in parts of Delhi. These meters are 5G and 4G compatible. With this technology, the problems and interference arising because of public network congestion will not impede the performance of smart meters anymore because data will flow smoothly via a dedicated channel.


Jan 27, 2021—-Landis+Gyr (Switzerland) completed its acquisition of Rhebo, a leading technology provider of cybersecurity solutions to protect critical infrastructure, at its Capital Markets Day with Executive Management, to update the industry and its strategy, operations, and financial objectives. The acquisition would strengthen Landis+Gyr's position in this growing market.


Jan 25, 2021—-Landis+Gyr (Switzerland), a world's leading provider of integrated energy management solutions, announced its collaboration with EDF to obtain an additional big contract. By June 2025, Landis+Gyr will provide 650,000 SMETS2 meters of gas and electricity, along with an initial order of 500,000 meters. As one of the major energy suppliers in the United Kingdom, EDF has played an important role in the deployment of smart meters across the region.


Jan 12, 2021—-Landis+Gyr and PayGo have confirmed their alliance, signing a billing and payment partner agreement. The arrangement allows Landis+Gyr to offer PayGo's prepay digital billing and payment services to its advanced metering customers. Utility prepayment systems have proven to be advantageous to consumers and the utility, with more control to customers over their energy usage, contributing to increased energy usage.


Dec 18, 2020—-Landis+Gyr AG and Google Ireland Limited (Google Cloud) made a strategic, multi-year alliance to accelerate Landis+Gyr's transition to the cloud and co-innovate new products and services that can drive agility, ensure cybersecurity and reduce costs over time. It is the only kind of collaboration for the energy management sector. Together, Landis+Gyr and Google Cloud will co-innovate the next generation of cloud-based energy management solutions to support smart infrastructure and smart cities.


Market Dynamic


Smart meters are electronic devices that are used to record the information of electronic energy consumptions and along with that power factor, voltage level, and currents are also recorded. A Smart meter provides clearer consumption behavior and electric supply for customer billing and system monitoring.



  •         Drivers


The rise in the demand for smart meters from the households and commercial sectors for the installation of the smart meters along with that the initiatives are taken by the government to encourage smart meter implementations in different sectors are the major factor driving the growth of the market. Along with that the outspread of information about the benefit of the device and its efficient usage is further boosting the market growth.


Furthermost, with the rise in the consumption of energy across the globe, the concerns about the ecological balance that are directly promoting demands for renewable energy generation to eliminate the pollution levels, are some other major reason for the market growth.



  •         Opportunities


Developing countries are expected to establish 148 million smart meters over the next five emerging market across the globe and are predicted to offer untapped opportunities for smart meters users. In order to develop advanced meters, these developing countries are also predicted to invest about USD 91 Billion in the development of the smart grid infrastructure for battery storage and grid automation.


Prime projects have already begun in 2021 in most of the developing countries of emerging regions. The rise in the consumption of energy capacities along with government initiatives to build understanding is predicted to create magnificent market growth opportunities.



  •         Restraints


The maintenance and the high installation cost are the major issues that can hinder the growth of the market. Along with that compatibility issue of the device is another major cause of restraint, which is likely to hinder the growth of the market.


Most of the smart meters are compatible with their own suppliers which means these types of smart meters cannot adapt to the connection of any other or rival suppliers connection, it is another big reason which can restraint the smart meter market growth.



  •         Challenges


The absence of realization about the benefits of the device and mobilization demand is the major challenges affecting the smart meter market growth. In addition, the requirement of the huge investment in the initial stage and more than average cost related to the installation of the device can also affect the market growth. The challenges for the key players are to create awareness programs in which there is a clear demonstration about the advanced smart meters to a large-scale community who believed in traditional meters more.


Cumulative Growth Analysis


The global smart meters market is projected to reach USD 43.31 Billion by 2027 with a CAGR of 8.93% during the forecast period. In order to tackle the harmful effects of pollution, smart electricity meters are being adopted around the globe by various countries to adopt emission control regulations. The Asia pacific market is projected to register a 9.91% CAGR during the assessment period due to the high investments and increase in the smart meter market size in this region.


 Value Chain Analysis


According to the reports, the global market is segmented on the basis of type, technology, application, and regions. On the basis of the type, the market is sub-segmented into electric meters, gas meters, and water meters. The electric meter segmented has accounted for the largest market share. The electric meter is predicted to rise at a 55.6% CAGR in the forecast period and the gas meter is expected to rise at a 9.56% CAGR during the evolution period.


On the basis of the technology, the market is segmented into automatic meter reading (AMR) and advanced metering infrastructure (AMI). The AMI technology holds the largest share in the market and it is expected to rise at a 9.77% CAGR during the review period.


On the basis of the end-user application, the market is segmented into residential, industrial, and commercial. The residential segment is expected to hold the largest market share and it is expected to rise at a 9.81% CAGR during the assessment period in terms of the market revenue.


Segmentation Overview


The market is segmented on the basis of Type, Technology, Application, and Regions. The Global Smart Meters Market is expected to witness decent growth during the forecast period.



  •         By Application


Based on the application, the market is segmented into electric meters, gas meters, and water meters



  •         By End-Users


Based on the propulsion types, the market is segmented into three types residential, industrial, and commercial.


Regional Analysis


On the basis of the regions, the global smart meters market trend is segmented into the Americas, Europe, Asia Pacific, and the rest of the world. The Asia Pacific market is expected to hold the maximum shares in the market during the review period. The rise in the demand for smart meters in economically powerful countries such as India and Thailand is the major cause for the growth of the market in this region. The Asia pacific smart meter market is predicted to register a 9.91% CAGR during the assessment period.


The European segment expected to hold the second-largest share in the global market. The rise in the smart meters industry in this region is likely to boost the market growth.


North America is another growing market in the global market in this region. The rise in investment in the smart meter sector along with that the rise in grid development are the major cause for the growth of the market in this region. It is projected to boost the market trends in this region.


Report Overview


The following report comprises of



  • Market overview

  • Covid 19 Analysis

  • Market Dynamic

  • Drivers

  • Opportunities

  • Restraints

  • Challenges

  • Cumulative Growth Analysis

  • Value Chain Analysis

  • Segmentation Overview

  • By Application

  • By End-Users

  • Regional Analysis

  • Competitive landscape


Recent Developments



  • In January 2020, Landis+Gyr introduced Revelo electric meters with improvised grid sensing technology.

  • In January 2020, Itron launched a 4G LTE smart metering solution that provides, low latency, legibility in the network using the 4G LTE technologies, and a broad territory coverage

  • In March 2019, Wasion Group won a contract with Guizhou Power Grid Corporation to produce communicational and terminal products with smart power solutions and smart meters.  


By Type



  • Electric Meters

  • Gas Meters

  • Water Meters


By Technology



  • Automatic Meter Reading (AMR)

  • Advanced Metering Infrastructure (AMI)


By Application



  • Residential

  • Commercial

  • Water Meters


By Regions



  • North America

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • Netherlands



  • Asia Pacific

    • China

    • Japan

    • South Korea

    • South America

    • Brazil



  • Middle East and Africa (MEA)

1 Executive Summary

2 Introduction

2.1 Definition 15

2.2 Scope Of The Study 15

2.3 Assumptions 15

2.4 Market Structure 16

3 Research Methodology

3.1 Research Process 17

3.2 Primary Research 18

3.3 Secondary Research 18

3.4 Market Size Estimation 18

3.5 Forecast Model 20

4 Market Dynamics

4.1 Drivers 22

4.1.1 Growing Investment In Smart Grid Projects 22

4.1.2 Supportive Government Initiatives 22

4.1.3 Demand/Needs For Efficient Energy Usage 24

4.2 Restraint 24

4.2.1 High Initial Capital Investment 24

4.2.2 Lack Of Awareness 24

4.3 Opportunities 25

4.3.1 Scope In The Developing Nations 25

4.3.2 Technological Development 25

5 Market Factor Analysis

5.1 Porter's Five Forces Analysis 26

5.1.1 Threat Of New Entrants 27

5.1.2 Bargaining Power Of Suppliers 27

5.1.3 Bargaining Power Of Buyers 27

5.1.4 Threat Of Substitutes 27

5.1.5 Rivalry 27

5.2 Supply Chain Analysis 28

6 Global Smart Meters Market, By Type

6.1 Overview 31

6.1.1 Electric Meters 33

6.1.2 Gas Meters 33

6.1.3 Water Meters 33

7 Global Smart Meters Market, By Technology

7.1 Overview 35

7.1.1 Automatic Meter Reading (AMR) 36

7.1.2 Advanced Metering Infrastructure (AMI) 36

8 Global Smart Meters Market, By Application

8.1 Overview 38

8.1.1 Residential 39

8.1.2 Commercial 40

8.1.3 Industrial 40

9 Global Smart Meters Market, By Region

9.1 Introduction 42

9.2 North America 44

9.2.1 U.S. 47

9.2.2 Canada 49

9.3 Europe 51

9.3.1 Germany 54

9.3.2 U.K. 56

9.3.3 France 58

9.3.4 Spain 60

9.3.5 Rest Of Europe 62

9.4 Asia Pacific 64

9.4.1 China 67

9.4.2 Japan 69

9.4.3 India 72

9.4.4 Rest Of Asia Pacific 74

9.5 Rest Of The World 76

9.5.1 South America 79

9.5.2 Middle East & Africa 81

10 Competitive Scenario

10.1 Overview 83

10.2 Global Smart Meters Market Shares Of Top 5 Players 84

10.3 Competitors Benchmarking 85

10.4 Major Project By Key Players 86

10.4.1 Schiender Electric 86

10.4.2 Honeywell 87

10.4.3 Landis+Gyr 87

10.4.4 Aclara Technologies LLC 87

10.4.5 DIEHL Metering 88

10.4.6 Xylem 88

10.4.7 Badger Meter, Inc. 88

10.4.8 EDMI 88

10.4.9 Kamstrup A/S 88

11 Company Profile

11.1 Schneider Electric 89

11.1.1 Company Overview 89

11.1.2 Financial Overview 89

11.1.3 Product/Service Offering 90

11.1.4 Strategy 91

11.1.5 Key Developments 91

11.1.6 SWOT Analysis 91

11.2 Siemens AG 92

11.2.1 Company Overview 92

11.2.2 Financial Overview 92

11.2.3 Service Offering 93

11.2.4 Strategy 93

11.2.5 Key Developments 94

11.2.6 SWOT Analysis 94

11.3 LANDIS+GYR 95

11.3.1 Company Overview 95

11.3.2 Financial Overview 95

11.3.3 Product/Service Offering 96

11.3.4 Strategy 96

11.3.5 Key Developments 97

11.3.6 SWOT Analysis 97

11.4 Xylem Inc. 98

11.4.1 Company Overview 98

11.4.2 Financial Overview 98

11.4.3 Product/Service Offering 99

11.4.4 Strategy 100

11.4.5 Key Developments 100

11.4.6 SWOT Analysis 101

11.5 Honeywell International Inc. 102

11.5.1 Company Overview 102

11.5.2 Financial Overview 102

11.5.3 Product/Service Offering 103

11.5.4 Strategy 103

11.5.5 Key Developments 104

11.5.6 SWOT Analysis 104

11.6 Aclara Technologies LLC 105

11.6.1 Company Overview 105

11.6.2 Financial Overview 105

11.6.3 Product/Service Offering 105

11.6.4 Strategy 105

11.6.5 Key Developments 106

11.7 Badger Meter, Inc. 107

11.7.1 Company Overview 107

11.7.2 Financial Overview 107

11.7.3 Product/Service Offering 108

11.7.4 Strategy 108

11.7.5 Key Developments 109

11.8 Itron, Inc. 110

11.8.1 Company Overview 110

11.8.2 Financial Overview 110

11.8.3 Product/Service Offering 111

11.8.4 Strategy 112

11.9 EDMI 113

11.9.1 Company Overview 113

11.9.2 Financial Overview 113

11.9.3 Product/Service Offering 114

11.9.4 Strategy 114

11.9.5 Key Developments 115

11.10 Apator S.A. 116

11.10.1 Company Overview 116

11.10.2 Financial Overview 116

11.10.3 Product/Service Offering 117

11.10.4 Strategy 117

11.10.5 Key Developments 117

11.11 DIEHL METERING GMBH 118

11.11.1 Company Overview 118

11.11.2 Financial Overview 118

11.11.3 Product/Service Offering 118

11.11.4 Strategy 119

11.11.5 Key Developments 119

11.12 Zenner 120

11.12.1 Company Overview 120

11.12.2 Financial Overview 120

11.12.3 Product/Service Offering 120

11.12.4 Strategy 121

11.12.5 Key Developments 121

11.13 Kamstrup A/S 122

11.13.1 Company Overview 122

11.13.2 Financial Overview 122

11.13.3 Product/Service Offering 123

11.13.4 Strategy 123

11.13.5 Key Developments 124

12 List Of Tables

TABLE 1 MARKETSSS SYNOPSIS 14

TABLE 2 GLOBAL SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 32

TABLE 3 GLOBAL SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 36

TABLE 4 GLOBAL SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 39

TABLE 5 GLOBAL SMART METERS MARKET, BY REGION, 2020-2027 (USD MILLION) 43

TABLE 6 NORTH AMERICA: SMART METERS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 44

TABLE 7 NORTH AMERICA: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 45

TABLE 8 NORTH AMERICA: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 46

TABLE 9 NORTH AMERICA: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 46

TABLE 10 U.S.: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 47

TABLE 11 U.S.: SMART METERS MARKET SIZE, BY TECHNOLOGY, 2020-2027 (USD MILLION) 48

TABLE 12 U.S.: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 48

TABLE 13 CANADA: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 49

TABLE 14 CANADA: SMART METERS MARKET SIZE, BY TECHNOLOGY, 2020-2027 (USD MILLION) 50

TABLE 15 CANADA: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 50

TABLE 16 EUROPE: SMART METERS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 51

TABLE 17 EUROPE: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 52

TABLE 18 EUROPE: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 53

TABLE 19 EUROPE: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 53

TABLE 20 GERMANY: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 54

TABLE 21 GERMANY: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 55

TABLE 22 GERMANY: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 55

TABLE 23 U.K.: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 56

TABLE 24 U.K.: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 57

TABLE 25 U.K.: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

TABLE 26 FRANCE: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 58

TABLE 27 FRANCE: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 59

TABLE 28 FRANCE: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 59

TABLE 29 SPAIN: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 60

TABLE 30 SPAIN: SMART METERS MARKET SIZE, BY TECHNOLOGY, 2020-2027 (USD MILLION) 61

TABLE 31 SPAIN: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 61

TABLE 32 REST OF EUROPE: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 62

TABLE 33 REST OF EUROPE: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 63

TABLE 34 REST OF EUROPE: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 63

TABLE 35 ASIA PACIFIC: SMART METERS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 65

TABLE 36 ASIA PACIFIC: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 66

TABLE 37 ASIA PACIFIC: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 66

TABLE 38 ASIA PACIFIC: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 67

TABLE 39 CHINA: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 68

TABLE 40 CHINA: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 69

TABLE 41 CHINA: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 69

TABLE 42 JAPAN: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 70

TABLE 43 JAPAN: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 71

TABLE 44 JAPAN: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 71

TABLE 45 INDIA: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 72

TABLE 46 INDIA: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 73

TABLE 47 INDIA: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 73

TABLE 48 REST OF ASIA PACIFIC: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 74

TABLE 49 REST OF ASIA PACIFIC: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 75

TABLE 50 REST OF ASIA PACIFIC: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 75

TABLE 51 ROW: SMART METERS MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 76

TABLE 52 ROW: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 77

TABLE 53 ROW: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 78

TABLE 54 ROW: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLIONS) 78

TABLE 55 SOUTH AMERICA: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 79

TABLE 56 SOUTH AMERICA: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 80

TABLE 57 SOUTH AMERICA: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 80

TABLE 58 MIDDLE EAST & AFRICA: SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 81

TABLE 59 MIDDLE EAST & AFRICA: SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 82

TABLE 60 MIDDLE EAST & AFRICA: SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 82

TABLE 61 APATOR S.A.: KEY DEVELOPMENTS, 2020 117


13 List Of Figure

FIGURE 1 RESEARCH PROCESS OF MRFR 17

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 19

FIGURE 3 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL SMART METERS MARKET 21

FIGURE 4 NUMBER OF SMART METERS INSTALLED IN GREAT BRITAIN (Q1 2013-Q4 2020) 23

FIGURE 5 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL SMART METERS MARKET 26

FIGURE 6 SUPPLY CHAIN ANALYSIS OF GLOBAL SMART METERS MARKET 28

FIGURE 7 GLOBAL SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 31

FIGURE 8 GLOBAL SMART METERS MARKET, BY TYPE, 2020-2027 (USD MILLION) 32

FIGURE 9 GLOBAL SMART METERS MARKET SHARE, BY TECHNOLOGY, 2020 (IN %) 35

FIGURE 10 GLOBAL SMART METERS MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 35

FIGURE 11 GLOBAL SMART METERS MARKET SHARE, BY APPLICATION, 2020 (%) 38

FIGURE 12 GLOBAL SMART METERS MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 38

FIGURE 13 GLOBAL SMART METERS MARKET SHARE, BY REGION, 2020 (IN %) 42

FIGURE 14 GLOBAL SMART METERS MARKET, BY REGION, 2020-2027 (USD MILLION) 42

FIGURE 15 NORTH AMERICA: SMART METERS MARKET SHARE, BY COUNTRY, 2020 (%) 44

FIGURE 16 NORTH AMERICA: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 45

FIGURE 17 U.S.: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 47

FIGURE 18 CANADA: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 49

FIGURE 19 EUROPE: SMART METERS MARKET SHARE, BY COUNTRY, 2020 (%) 51

FIGURE 20 EUROPE: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 52

FIGURE 21 GERMANY: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 54

FIGURE 22 U.K.: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 56

FIGURE 23 FRANCE: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 58

FIGURE 24 SPAIN: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 60

FIGURE 25 REST OF EUROPE: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 62

FIGURE 26 ASIA PACIFIC: SMART METERS MARKET SHARE, BY COUNTRY, 2020 (%) 64

FIGURE 27 ASIA PACIFIC: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 65

FIGURE 28 CHINA: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 68

FIGURE 29 JAPAN: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 70

FIGURE 30 INDIA: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 72

FIGURE 31 REST OF ASIA PACIFIC: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 74

FIGURE 32 ROW: SMART METERS MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 76

FIGURE 33 ROW: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 77

FIGURE 34 SOUTH AMERICA: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 79

FIGURE 35 MIDDLE EAST & AFRICA: SMART METERS MARKET SHARE, BY TYPE, 2020 (%) 81

FIGURE 36 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL SMART METERS MARKET, 2020, (% SHARE) 83

FIGURE 37 GLOBAL SMART METERS MARKET SHARE OF TOP 5 PLAYERS 84

FIGURE 38 COMPETITORS BENCHMARKING 85

FIGURE 39 SCHNEIDER ELECTRIC: TOTAL REVENUE (USD MILLION) 89

FIGURE 40 SCHNEIDER ELECTRIC: GEOGRAPHIC REVENUE MIX, 2020 (%) 90

FIGURE 41 SCHNEIDER ELECTRIC: SWOT ANALYSIS 91

FIGURE 42 SIEMENS AG: TOTAL REVENUE, (USD MILLION) 92

FIGURE 43 SIEMENS AG: GEOGRAPHIC REVENUE MIX, 2020 (%) 93

FIGURE 44 SIEMENS AG: KEY DEVELOPMENTS, 2012-2017 (%) 94

FIGURE 45 SIEMENS AG: SWOT ANALYSIS 94

FIGURE 46 LANDIS+GYR: TOTAL REVENUE, (USD MILLION) 95

FIGURE 47 LANDIS+GYR: GEOGRAPHIC REVENUE MIX, 2020 (%) 96

FIGURE 48 LANDIS+GYR: KEY DEVELOPMENTS, 2020 (%) 97

FIGURE 49 LANDIS+GYR: SWOT ANALYSIS 97

FIGURE 50 XYLEM, INC.: TOTAL REVENUE, (USD MILLION) 98

FIGURE 51 XYLEM, INC.: GEOGRAPHIC REVENUE MIX, 2020 (%) 99

FIGURE 52 XYLEM, INC.: KEY DEVELOPMENTS, 2020 (%) 100

FIGURE 53 XYLEM, INC.: SWOT ANALYSIS 101

FIGURE 54 HONEYWELL INTERNATIONAL: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 102

FIGURE 55 HONEYWELL INTERNATIONAL INC.: GEOGRAPHIC REVENUE MIX, 2020 (%) 103

FIGURE 56 HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS 104

FIGURE 57 ACLARA TECHNOLOGIES LLC: KEY DEVELOPMENTS, 2020 (%) 106

FIGURE 58 BADGER METER, INC: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 107

FIGURE 59 BADGER METER, INC.: GEOGRAPHIC REVENUE MIX, 2020 (%) 108

FIGURE 60 BADGER METER, INC.: KEY DEVELOPMENTS, 2020 (%) 109

FIGURE 61 ITRON INC: TOTAL REVENUE (USD MILLION) 110

FIGURE 62 ITRON INC: GEOGRAPHIC REVENUE MIX, 2020 (%) 111

FIGURE 63 EDMI: TOTAL REVENUE (USD MILLION) 113

FIGURE 64 EDMI: KEY DEVELOPMENTS, 2020 (%) 115

FIGURE 65 APATOR GROUP: TOTAL REVENUE (USD MILLION) 116

FIGURE 66 APATOR GROUP: GEOGRAPHIC REVENUE MIX, 2020 (%) 117

FIGURE 67 DIEHL METERING GMBH: TOTAL REVENUE (USD MILLION) 118

FIGURE 68 ZENNER: KEY DEVELOPMENTS, 2020 (%) 121

FIGURE 69 KAMSTRUP A/S: TOTAL REVENUE (USD MILLION) 122

FIGURE 70 KAMSTRUP A/S: GEOGRPHIC REVENUE MIX, 2020 (%) 123

FIGURE 71 KAMSTRUP A/S: KEY DEVELOPMENTS, 2020 (%) 124

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