Smart Metering Systems Market Overview and Growth Rate Analysis 2024 by Leading Companies: Schneider, Osaki, Siemens, Honeywell International, Neptune Technologies, Itron, Landis+Gyr, Badger Meter, Aclara, Kamstrup, Sensus, Iskraemeco, Circutor, Apator

Market Study Report LLC adds 2018-2024 Global Smart Metering Systems market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

The U.S. smart metering systems market is anticipated to reach over USD 3 Billion by 2024. Favourable measures to promote the adoption of non-conventional meters along with strict regulatory landscape to obtain energy saving will propel the business growth. California Public Utilities Commission has authorized the investor-owned utilities to promote the deployment of intelligent meters to ensure customer control over energy consumption. CPCU authorized Southern California Edison for the installation of approximately 5.3 million smart meter units.

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AMI smart metering systems market is anticipated to witness gain over 10% by 2024. Growing adoption of automation systems across energy sector to ensure load management, customer service improvement and energy conservation will enhance the product penetration. The product enables the end users to provide real time information regarding the energy utilization and execute consumption decision.

Smart Metering Systems Market is predicted to exceed USD 21 billion by 2024. Introduction of several government plans and incentives to promote the adoption of energy efficient system will drive the industry growth. Several countries have introduced regulatory directives to promote the installation of AMI meters as a part of energy conservation initiatives. In 2016, Berea (Ohio) partnered with Badger Meter and NECO, a metering firm for the development of smart water meters project.

AMR smart metering systems market is anticipated to witness growth owing to its ability to transfer energy consumption data from users to utilities and lower cost index. Shorter installation time, immediate fault detection and remote access are some of the prominent features which will enhance the product penetration. Increasing spending toward renewable energy and smart grid network coupled with growing deployment of IT enabled systems will further drive the business landscape.

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Australia smart metering systems Market is projected to grow over 16% by 2024. Favorable measures coupled with government policies toward energy conservation will stimulate the industry landscape. In 2017, Power of Choice reform introduced by the government of Australia to provide AMI to end users across the country.

Smart metering systems market is anticipated to witness growth owing to growing utilities number coupled with integration of advanced ICT solutions. Increasing demand for effective monitoring, utilization and measurement of renewable resources will further augment the business landscape.

Eminent players across the smart metering systems market include Iskraemco, Sensus, Badger Meter, Itron, Landis+Gyr, Apator, Kamstrup, Osaki, Schneider, Siemens, Circutor, Honeywell International, Neptune and Aclara.

Table of Contents:

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimations and forecast parameters

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid secondary

1.4.2.2 Public secondary

Chapter 2 Executive Summary

2.1 Smart metering systems 360 degree synopsis, 2013 - 2024

2.1.1 Business trends

2.1.2 Technology trends

2.1.3 Product trends

2.1.4 Application trends

2.1.5 Regional trends

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

Chapter 4 Smart Metering Systems Market, By Application

4.1 Smart metering systems market share by application, 2017 & 2024

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