Global Smart Meters Market Trends, Size, Competitive Analysis and Forecast - 2020-2026

The global market for smart meters is projected to have considerable CAGR of around 7.5% during the forecast period. The market growth mainly backed by the increasing inclination towards smart meters in place of conventional meters due to various advantages, such as theft detection and leakage management further raises the demand for smart meters across the globe. The smart meters provides theft and accurate billing and enhanced customer services by the integration of AMI systems. Along with that, the growth is attributed to increasing penetration of smart meters in the near future, owing to government regulation and initiatives, rising demand for utility management, and rising urbanization in emerging economies such as India and China. Additionally, smart meters support in-house displays, keeping the consumers informed about the energy used by them in real-time.

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Some of the smart meters offer remote access to various utility's control center and consumers can pay bills through mobile app syncing. Therefore growing penetration of smartphone also projected to provide significant opportunity to the market.

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Global smart meters Market Segmentation

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

By Technology
• Advanced Metering Infrastructure (AMI)
• Automated Meter Reading (AMR)

By Application
• Residential
• Commercial
• Industrial

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• Aclara Technologies LLC
• Apator SA
• Badger Meter, Inc.
• Diehl Stiftung& Co. KG
• Eaton Corp.
• EDMI Ltd.
• Flonidan A/S
• General Electric Co.
• Holley Technology UK Ltd.
• Honeywell International, Inc.

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