Press release
Smart Meters Market to Reach 257.62 Million Units by 2030, Driven by Increasing Utility Investments and Regulatory Support
Smart Meters Market Size & Trends | Mordor Intelligence
Understanding the Smart Meters (AMI) Market Overview
The smart meters (AMI) market size in terms of shipment volume is expected to grow from 173.29 million units in 2025 to 257.62 million units by 2030, advancing at an 8.25% CAGR. This steady growth reflects increasing regulatory mandates, rising investments in grid modernization, and the integration of advanced analytics into smart metering devices.
Smart Meters (AMI) Market growth is further supported by government initiatives and global trends promoting digitalized infrastructure and energy transparency.
Report: https://www.mordorintelligence.com/industry-reports/global-smart-meters-market-industry?utm_source=openpr
Key Trends in the Smart Meters (AMI) Market
1. Strong Regulatory Support
Government regulations are a major driver in the Smart Meters (AMI) Market. Countries such as Australia have enforced nationwide smart meter deployment, making these devices essential for electricity, gas, and water networks. Regulatory mandates create predictable demand, ensure long-term market stability, and encourage utilities to adopt modern metering solutions.
2. Investments in Grid Modernization
Utilities are increasingly investing in grid modernization projects, including distribution automation, cybersecurity measures, and renewable energy integration. Large-scale projects often bundle smart meters with these upgrades, supporting faster deployment and expanding Smart Meters (AMI) Market share. Enhanced operational efficiency and real-time monitoring also help reduce costs and detect energy losses.
3. Smart City and IoT Integration
The rise of smart cities and IoT-enabled infrastructure drives demand for integrated energy management. Connecting electricity, gas, and water networks through digital platforms enhances service reliability and operational efficiency. This integration helps utilities leverage economies of scale and improve overall infrastructure management.
4. Advanced Analytics and Edge-AI
Next-generation smart meters with edge-AI and analytics capabilities improve outage response, demand forecasting, and distributed energy resource management. Real-time data enables utilities to optimize performance, detect tampering, and enhance decision-making, further supporting the growth of the Smart Meters (AMI) Market.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/global-smart-meters-market-industry?utm_source=openpr
Market Segmentation of Smart Meters (AMI)
By Product Type:
Smart Electricity Meters
Smart Gas Meters
Smart Water Meters
By Communication Technology:
RF-Mesh
Cellular (2G/3G/4G/5G/NB-IoT)
Others
By Component:
Hardware
Software
Services
By End-User:
Residential
Commercial
Industrial and Utilities
By Region:
North America: United States, Canada, Mexico
South America: Brazil, Argentina, Rest of South America
Europe: Germany, United Kingdom, France, Italy, Spain, Russia, Rest of Europe
Asia-Pacific: China, Japan, India, South Korea, Australia and New Zealand, Southeast Asia, Rest of Asia-Pacific
Middle East and Africa:
Middle East: Saudi Arabia, United Arab Emirates, Turkey, Rest of Middle East
Africa: South Africa, Nigeria, Egypt, Rest of Africa
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Key Players in the Smart Meters (AMI) Industry
Landis+Gyr Group AG: Swiss-based provider of energy management solutions, offering a wide range of smart metering products and services.
Itron Inc.: U.S.-based company specializing in energy and water management, grid intelligence, and smart city solutions.
Sensus USA Inc. (Xylem Inc.): Offers remotely-managed smart meters and solutions for electric, gas, and water utilities.
Honeywell (Elster Group): Global provider of metering, regulation, and control systems, with a focus on gas applications.
Kamstrup A/S: Danish company delivering intelligent electricity, water, and heat metering solutions for utilities and municipalities.
Conclusion
The Smart Meters (AMI) Market analysis highlights that Asia Pacific leads in revenue share while the Middle East is emerging as the fastest-growing region, indicating opportunities across both mature and developing markets.
As utilities and municipalities continue to prioritize efficiency, transparency, and digitalization, the Smart Meters (AMI) Market size is expected to expand steadily.
Get the latest industry insights on Smart Meters (AMI) Market: https://www.mordorintelligence.com/industry-reports/global-smart-meters-market-industry?utm_source=openpr
Industry Related Reports
APAC Smart Meter Market
The Asia Pacific Smart Meter Market is expected to grow at a CAGR of 10.6% during the forecast period. Growth is driven by government smart city initiatives and increasing demand for remote energy monitoring. Rising adoption of smart electricity, water, and gas meters in countries like China, India, and Japan is further supporting market expansion.
Get more insights: https://www.mordorintelligence.com/industry-reports/asia-pacific-smart-meter-market?utm_source=openpr
Advanced Metering Infrastructure Market
The Advanced Metering Infrastructure Market is projected to grow from USD 19.69 billion in 2025 to USD 35.89 billion by 2030, reflecting a 12.76% CAGR. Growth is driven by government smart meter mandates and utilities seeking cost savings through remote meter reading. Integration with distributed energy resources further supports market expansion.
Get more insights: https://www.mordorintelligence.com/industry-reports/advanced-metering-infrastructure-market?utm_source=openpr
United States Smart Meter Market
The United States Smart Meter Market is projected to grow from 24.91 million units in 2025 to 30.87 million units by 2030, reflecting a 4.38% CAGR. Growth is driven by federal infrastructure spending, state renewable mandates, and the increasing shift from analog to smart metering. Expansion of 5G and NB-IoT connectivity further supports market adoption.
Get more insights: https://www.mordorintelligence.com/industry-reports/united-states-smart-meter-market?utm_source=openpr
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