Smart Metering Systems Market key players are: Siemens, Honeywell International, Schneider, Osaki, Neptune Technologies, Badger Meter, Aclara, Kamstrup, Sensus, Iskraemeco, Circutor and Apator

Market Overview: -

Global Smart Metering Systems Market is set to witness growth at over 10% CAGR and exceed USD 45 billion by 2024. Increasing need for accountability and transparency in resource issuance and usage will augment the global smart metering systems market. Scarcity of several resources including electricity, water, and gas will positively influence the industry outlook. In 2013, EDF Energy has planned to install 35 million smart meters in France between 2016 and 2020.

Stringent government regulations towards effective resource utilization along with energy management will substantially increase the demand for global smart metering systems market. It is done to monitoring the proportionate usage of resources for curtailment of possible wastage. The EU Directive 2009/72/EC, mandates each member state to conduct cost benefit analysis of large scale automated systems roll out to check the feasibility. The adoption was made compulsory for regions which had positive results.

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Top Key Players: -

Key players in smart metering systems market includes Siemens AG, Landis+GYR, Itron, Schneider Electric, Circutor, Osaki Electric, Iskraemeco, Honeywell International, Sensus Sentec, Badger Meter, Sensus Sentec, Elster, Neptune Technology, Holley Metering and Icsa.

Market share calculation in this report is not done based on companies covered in it. The calculation of smart metering systems market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

UK smart metering systems market is projected to exceed over 19 million units by 2024. Government of UK was the first to pass a guideline, which has made smart systems adoption mandatory to facilitate precise billing mechanism to consumers.

China smart metering systems market share is forecasted to grow over 13% by 2016-2024. The increase in electricity generation from clean energy sources and its integration into the grid will positively influence the business outlook.

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Partial Chapter of the Table of Content

Chapter 3 Smart Metering Systems Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & Innovation landscape
3.4.1 Itron
3.4.2 Landis+Gyr’
3.4.3 Honeywell
3.4.4 Sensus
3.4.5 Badger Meter
3.4.6 Kamstrup
3.4.7 Silver Spring Networks, Inc.
3.4.8 Norstar Systems
3.4.9 Other innovations
3.5 Regulatory landscape
3.5.1 Smart water metering systems market
3.5.1.1 U.S.
3.5.1.1.1 DEP/HPD Water Conservation
3.5.1.1.2 The Reimbursable Metering Program
3.5.1.2 Europe
3.5.1.2.1 European Legal framework
3.5.1.2.2 Key Policy Developments: Non-revenue Water (NRW)
3.5.1.2.3 New Zealand
3.5.1.3 Smart Water Metering Plans
3.5.1.3.1 U.S.
3.5.1.3.2 Australia
3.5.1.3.3 UK
3.5.2 Smart electric metering systems market
3.5.2.1 U.S.
3.5.2.1.1 American Recovery and Reinvestment Act (ARRA)
3.5.2.2 UK
3.5.2.2.1 The Smart Metering Implementation Programme
3.5.2.2.2 The Smart Energy Code
3.5.2.2.3 The Energy Efficiency Directive
3.5.2.3 Sweden
3.5.2.4 Germany
3.5.2.5 France
3.5.2.6 Ireland
3.5.2.6.1 The National Smart Metering Programme
3.5.2.7 Netherlands
3.5.2.8 Italy
3.5.2.9 Japan
3.5.2.9.1 Fourth Basic Energy Plan
3.5.3 Smart gas metering systems market
3.5.3.1 U.S.
3.5.3.2 UK
3.5.3.3 Germany
3.5.3.4 France
3.5.3.5 Ireland
3.5.3.6 Netherlands
3.5.3.6.1 Legal and Regulatory Status
3.5.3.6.2 Implementation Status
3.5.3.7 Luxembourg
3.5.3.7.1 Legal and Regulatory Status
3.5.3.7.2 Implementation Status
3.5.3.8 Italy
3.5.3.8.1 Legal and regulatory status
3.5.3.9 Japan
3.5.4 Regulations for China & Canada
3.5.4.1 Canada
3.5.4.1.1 Laws and requirements
3.5.4.1.2 Investment
3.5.4.1.3 The Ontario Smart Metering Initiative
3.5.4.2 China
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Smart electric metering system
3.6.1.1.1 Favourable government regulations
3.6.1.1.2 Renewable energy integration to smart grid infrastructure
3.6.1.1.3 Effective consumption pattern mapping
3.6.1.1.4 Rising demand for renewable energy and effective transmission facilities
3.6.1.1.5 Better security against electricity theft
3.6.1.2 Smart gas metering systems
3.6.1.2.1 Workforce management and operational efficiency
3.6.1.2.2 Accuracy & savings in billings
3.6.1.3 Smart water metering systems
3.6.1.3.1 Non-revenue water (NRW) monitoring and control
3.6.1.3.2 Emerging Intelligent sustainable water management solutions
3.6.1.3.3 Accuracy & savings in billings
3.6.1.3.4 Effective monitoring of consumption patterns
3.6.2 Industry pitfalls & challenges
3.6.2.1 High initial investments
3.6.2.2 Privacy concerns
3.7 Growth potential analysis
3.8 Price trend analysis, by region
3.9 Technology trends
3.9.1 Automatic Meter Infrastructure (AMI)
3.9.2 Automatic Meter Reading (AMR)
3.10 Porter’s Analysis
3.11 Competitive landscape, 2016
3.11.1 Strategy dashboard
3.11.1.1 Itron
3.11.1.1.1 Product development
3.11.1.1.2 Acquisition
3.11.1.1.3 Strategic alliances
3.11.1.2 Honeywell
3.11.1.2.1 Acquisition
3.11.1.2.2 Product launch
3.11.1.2.3 Long term contracts
3.11.1.3 EDMI
3.11.1.3.1 Strategic partnership
3.11.1.3.2 Product launch
3.11.1.4 Kamstrup
3.11.1.4.1 Expansion
3.11.1.4.2 Collaboration
3.11.1.5 Sensus
3.11.1.5.1 Expansion
3.11.1.6 Badger Meter
3.11.1.6.1Acquisition
3.11.1.7 Aclara Technologies
3.11.1.8 Xylem
3.12 PESTEL Analysis

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Smart electric meters of smart metering systems market valued over USD 5 billion for 2015 and is anticipated to witness substantial growth owing to its low price and high penetration. Deployment of water meters are predicted to exceed over 300 million units by 2024 due to rising emphasis on non-revenue water.

Automatic Meter Reading (AMR) of Smart metering systems market will witness growth over 8% by 2024. Automatic Meter Infrastructure (AMI) is projected to witness moderate growth owing to its high price as compared to its counterpart, which may act as a restraint to its adoption.

Smart metering systems market from the U.S. was valued over USD 6 billion for 2015 and is anticipated to witness substantial growth due to increase in adoption of smart systems. In 2015, the U.S. EIA have installed around 65 million smart electric meters.

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