openPR Logo
Press release

Smart Meters Market Forecast: USD 41.87 Billion by 2030 at 8.6% CAGR

10-16-2024 10:57 AM CET | Energy & Environment

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Smart Meters Market

Smart Meters Market

๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Maximize Market Research, a Smart Meters business research firm has published a report on the "Smart Meters Market". Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ๐ž๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ญ๐ž๐ง๐ญ๐ข๐š๐ฅ ๐จ๐Ÿ ๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The Smart Meters Market size was valued at USD 23.5 Billion in 2023 and the total Smart Meter revenue is expected to grow at a CAGR of 8.6 % from 2024 to 2030, reaching nearly USD 41.87 Billion by 2030.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐ญ๐š๐ค๐ž ๐š ๐ฌ๐ง๐ž๐š๐ค ๐ฉ๐ž๐ž๐ค? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฌ๐ž๐ž ๐ฐ๐ก๐š๐ญ'๐ฌ ๐ข๐ง๐ฌ๐ข๐๐ž: https://www.maximizemarketresearch.com/request-sample/21336/

๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

The scope of the Smart Meters Market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Smart Meters Market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Smart Meters Market sector and capitalizing on growth prospects.

๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

Improved dependability and increasing demand drive growth in the Smart Meters Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Smart Meters Market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: ๐ก๐ญ๐ญ๐ฉ๐ฌ:https://www.maximizemarketresearch.com/request-sample/21336/

๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

by Product Type

Smart Electric Meter
Smart Gas Meter
Smart Water Meter

Based on the product type, Among the three types of smart meters, the Smart Electric Meter is the most widely adopted and has a transformative impact on energy management. Smart electric meters allow utilities and consumers to monitor power consumption in real time, resulting in more efficient resource allocation and cost reductions.

by Technology

Advanced Metering Infrastructure (AMI)
Automatic Meter Reading (AMR)

by End-Use

Residential
Commercial
Industrial

According to End Users, the Smart Meters Market, which is divided into residential, commercial, and industrial applications, is growing rapidly due to a variety of causes. The residential sector commands a considerable customer base in terms of energy and water use, and its dominance is clear, thanks to government measures such as LPG supply via pipes. Urbanization contributes to this expansion by extending benefits to the commercial and industrial sectors, as new structures and small-scale companies promote smart meter installations. Furthermore, technical improvements are improving the value proposition of smart meters, providing benefits other than consumption monitoring, including as predictive maintenance and demand-side management.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/request-sample/21336/

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ: ๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Part 01: Executive Summary

Part 02: Scope of the Smart Meters Market Report

Part 03: Global Smart Meters Market Landscape

Part 04: Global Smart Meters Market Sizing

Part 05: Global Smart Meters Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

๐–๐š๐ง๐ญ ๐š ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/smart-meters-market/21336/

๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

North America:
1. Aclara Technologies LLC - USA
2. Itron Inc. - USA
3. Sensus USA Inc. - USA
4. Neptune Technology Group Inc. - USA
5. Badger Meter - USA
6. General Electric Ltd - USA

Europe:
1. Elster Group SE - Germany
2. Kamstrup A/S - Denmark
3. Diehl Stiftung & Co. KG - Germany
4. IGL Genesis Technologies - Germany
5. Pietro Fiorentini - Italy
6. Sagemcom SAS - France
7. Apator S.A - Poland
8. Honeywell International - USA
9. EDMI - UK

Asia-Pacific:
1. Jiangsu Linyang Energy Co. Ltd - China
2. Ningbo Sanxing Electric Co. Ltd - China
3. Hexing Electric Company Ltd - China
4. Holley Metering Limited - China
5. Shenzhen Hemei Group Co. Ltd - China
6. Wasion Group Holdings - China

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐ž๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

Who are the leading companies and what are their portfolios in Smart Meters Market?
What segments are covered in the Smart Meters Market?
Who are the key players in the Smart Meters Market?
What is Smart Meters Market?
What was the Smart Meters Market size in 2023?
What is the growth rate of the Smart Meters Market?
Which are the factors expected to drive the Smart Meters Market growth?
What are the different segments of the Smart Meters Market?
What growth strategies are the players considering to increase their presence in Smart Meters Market?
What are the upcoming industry applications and trends for the Smart Meters Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Smart Meters Market?
What segments are covered in the Smart Meters Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐ƒ๐จ๐ง'๐ญ ๐ฆ๐ข๐ฌ๐ฌ ๐จ๐ฎ๐ญ ๐จ๐ง ๐ญ๐ก๐ž ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Global Data Enrichment Solutions Market https://www.maximizemarketresearch.com/market-report/global-data-enrichment-solutions-market/94203/

Electronic navigational charts market https://www.maximizemarketresearch.com/market-report/electronic-navigational-charts-market/79180/

India Cloud Infrastructure as a Service (IaaS) Market https://www.maximizemarketresearch.com/market-report/india-cloud-infrastructure-as-a-service-iaas-market/44086/

Global Fecal Microbiota Transplantation (FMT) Market https://www.maximizemarketresearch.com/market-report/global-fecal-microbiota-transplantation-fmt-market/91371/

Global Heat Sinks Market https://www.maximizemarketresearch.com/market-report/heat-sinks-market/11450/

Welding Electrode Market https://www.maximizemarketresearch.com/market-report/welding-electrode-market/187529/

Avocado-Based Products Market https://www.maximizemarketresearch.com/market-report/avocado-based-products-market/194889/

Power MOSFET Market https://www.maximizemarketresearch.com/market-report/global-power-mosfet-market/35689/

Diesel Engine Market https://www.maximizemarketresearch.com/market-report/diesel-engine-market/14704/

Gate Driver IC Market https://www.maximizemarketresearch.com/market-report/gate-driver-ic-market/126324/

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Meters Market Forecast: USD 41.87 Billion by 2030 at 8.6% CAGR here

News-ID: 3695358 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

India Lubricants Market to Expand from USD 2.70 Billion Liters in 2023 to USD 3.86 Billion Liters by 2030 at a 5.24% CAGR - India Lubricants Forecast
India Lubricants Market to Expand from USD 2.70 Billion Liters in 2023 to USD 3. โ€ฆ
โ—‰Opening Paragraph According to a recent report by Maximize Market Research, the India Lubricants Market was valued at USD 2.70 billion liters in 2023 and is forecast to reach USD 3.86 billion liters by 2030, growing at a compound annual growth rate (CAGR) of 5.24% over the period 2024-2030. The market growth is fueled by rising automotive sales, expansion in industrial and transportation activities, and increasing demand for synthetic and environmentallyโ€ฆ
Global Oil Well Cement Market to Rise from USD 1.36 Billion in 2024 to USD 2.41 Billion by 2032 at a 7.4% CAGR - Oil Well Cement Market Forecast
Global Oil Well Cement Market to Rise from USD 1.36 Billion in 2024 to USD 2.41 โ€ฆ
โ—‰ Opening Paragraph According to a report by Maximize Market Research, the global Oil Well Cement Market was valued at USD 1.36 billion in 2024 and is projected to reach USD 2.41 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.4% over the forecast period. The growth is driven by increasing drilling activities (onshore & offshore), demand for high-performance cement classes (especially Class G), and government initiativesโ€ฆ
Global Visualization & 3D Rendering Software Market to Surge from USD 3.38 Billion in 2023 to USD 14.50 Billion by 2030 at 23.1% CAGR - 3D Rendering Software Forecast
Global Visualization & 3D Rendering Software Market to Surge from USD 3.38 Billi โ€ฆ
โ—‰ Opening Paragraph According to a new report by Maximize Market Research, the global Visualization & 3D Rendering Software Market was valued at USD 3.38 billion in 2023 and is projected to reach USD 14.50 billion by 2030, growing at a compound annual growth rate (CAGR) of 23.1% between 2024 and 2030. Key growth factors include rising demand in architectural & visualization, expansion of gaming and media & entertainment industries, andโ€ฆ
Global Nuclear Medicine / Radiopharmaceuticals Market to Grow from USD 6.04 Billion in 2023 to USD 11.05 Billion by 2030 at a 9.0% CAGR - Nuclear Medicine Forecast
Global Nuclear Medicine / Radiopharmaceuticals Market to Grow from USD 6.04 Bill โ€ฆ
โ—‰ Opening Paragraph According to a report by Maximize Market Research, the global Nuclear Medicine / Radiopharmaceuticals Market was valued at USD 6.04 billion in 2023 and is projected to reach USD 11.05 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.0% during the period 2024-2030. The market expansion is propelled by increasing procedural volumes (e.g., SPECT and PET diagnostics), surging demand for therapeutic radiopharmaceuticals, and growingโ€ฆ

All 5 Releases


More Releases for Meter

Smart Meter Market Set for Explosive Growth| Secure Meter, Kamsturp, Itron
Market Research Forecast published a new research publication on "Smart Meter Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart Meter market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the studyโ€ฆ
Flow Meter Market Looks Ready For Takeoff: ABB, Badger Meter, Flexim
The Latest Released Global Flow Meter market study has evaluated the future growth potential of Global Flow Meter market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essentialโ€ฆ
Ultrasonic Water Meter Market Ultrasonic Water Meter Market
The proposed Ultrasonic Water Meter Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics. The Ultrasonic Water Meter Market sample reportโ€ฆ
Water Meter Market 2021 Growing Demand, Size and Business Outlook- Ningbo Water โ€ฆ
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Water Meter market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends. The Water Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, andโ€ฆ
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I โ€ฆ
A market study โ€ Global Smart Gas Meter Market โ€ examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail. The Global Smart Gas Meter Market 2017 report includes Smart Gas Meterโ€ฆ
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity โ€ฆ
MarketResearchReports.Biz adds โ€œGlobal Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Reportโ€ reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period. Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smartโ€ฆ