Global Smart Meters Market (2017-2022)
The Global Smart Meters market is valued at USD XX.XX billion in 2016 and is expected to reach
a value of USD XX.XX billion b y the end of 2022, growing at a projected CAGR of XX.XX% during
the forecast period of 2017 – 2022. Smart meters represent a transformative technology for the
utility industry and its customers. These technologically advanced meters enable greater insight
into the usage of energy and, in the case of smart electric meters, provide enhanced control of
the electrical grid. The other meters such as the smart gas meters and smart water meters
provide the consumption patterns and further encourage the efficient management of
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The smart meters market can be divided based on type into smart electricity meters, smart gas
meters, and smart water meters. The household or business, equipped with a smart meter, can
monitor its electricity, water or gas usage and make adjustments, which can reduce the overall
usage and/or shift usage to non-peak hours when rates may be lower. . In the case of electricity
utilities, this offers the added benefit that the amount of electricity that needs to be produced
at peak hours can be lowered, thereby reducing overall production costs. This also limits the
new capital investments that utilities would have to make, in order to handle higher peak-hour
Smart grids are being implemented around the world with the aim of improving the efficiency
of power networks. Smart electricity meters, which are an integral part of smart grids are thus
being adopted around the world. Countries around the world are adopting emission control
regulations in order to tackle the environmental effects caused by pollution. Policies that
promote energy efficient practices are a part of these regulations. The implementation of such
policies by governments around the world is helping in the growth of smart meters market.
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The major factor that is at present restraining the smart meters mar ket is the high installation
costs that consumers have to bear. This has led to an opposition from end-users against the
implementation of smart meters. Consumers are also concerned about data privacy issues that
could arise due to smart meter implementation. In spite of these restraints, various countries
and utilities are rolling out smart meters on experimental and full-scale basis.
What the Report Offers
1. Market definition for the specified topic along with identification of key drivers and
restraints for the market.
2. Market analysis for the global smart meters market, with region specific assessments
and competition analysis.
3. Identification of factors instrumental in changing the market scenarios, rising
prospective opportunities and identification of key companies, which can influence the
4. Extensively researched competitive landscape section with profiles of major companies
along with their share in the market.
5. Identification and analysis of the macro and micro factors that affect the global smart
meters market on a regional and global scale.
6. A comprehensive list of key market players along with the analysis o f their current
strategic interests and key financial information.
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Some Major Points from Table of Contents:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Smart Meters Industry Value Chain Analysis
6. Porter’s Five Force Analysis
7. Smart Meters Industry Analysis, By Type
8. Global Smart Meters Market Analysis, By Application
9. Global Smart Meters Market Analysis, By Geography
10. Key Company Analysis
11. Investment Opportunities
12. Future of global smart meters market
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