Press release
United States Smart Meter Market to Reach US$ 11.16 Billion by 2030 | Major Companies 2026 - Landis+Gyr, Itron, Honeywell International | Exclusive report by DataM Intelligence
Smart Meter Market
As per DataM intelligence research report "Global Smart Meter Market reached US$ 22.6 billion in 2022 and is expected to reach US$ 37.2 billion by 2030, growing with a CAGR of 9.5% during the forecast period 2024-2031."
The smart meter market is booming as utilities adopt IoT-enabled energy monitoring and management solutions. Advanced metering infrastructure, remote communication, and AI analytics improve efficiency and billing accuracy. Growing focus on energy conservation and smart grids is driving global market expansion.
Download your exclusive sample report today: (corporate email gets priority access):
https://www.datamintelligence.com/download-sample/smart-meter-market?prasad
Smart Meter Market: Competitive Intelligence
Landis+Gyr, Itron, Honeywell International, Siemens AG, Kamstrup, Iskraemeco, Elster Group, ABB, Sensus and Schneider Electric.
In the Smart Meter Market, Landis+Gyr, Itron, Honeywell International, Siemens AG, Kamstrup, Iskraemeco, Elster Group, ABB, Sensus, and Schneider Electric collectively strengthen a sector critical to modern energy management, grid optimization, and sustainability initiatives. These companies provide advanced metering infrastructure (AMI) solutions, including electricity, gas, and water smart meters, along with software platforms for real-time monitoring, data analytics, and remote billing. Their solutions enable utilities and industrial clients to improve operational efficiency, reduce energy losses, enhance demand response capabilities, and empower consumers with actionable insights on energy usage. By integrating IoT connectivity, cloud-based analytics, and secure data communication, they reinforce the Smart Meter Market as a key enabler of intelligent, efficient, and sustainable energy systems.
Individually and in combination, these firms' strengths create competitive differentiation and technological depth within the Smart Meter Market. Landis+Gyr and Itron lead with globally deployed smart metering solutions and end-to-end AMI platforms that support large-scale utility modernization. Honeywell International and Siemens AG provide integrated energy management and automation systems that enhance grid reliability and data-driven decision-making. Kamstrup and Iskraemeco focus on precision metering and sustainable design, ensuring efficiency and durability in various environmental conditions. Elster Group and ABB offer modular solutions with strong connectivity and interoperability for diverse utility infrastructures. Sensus and Schneider Electric contribute advanced analytics, software platforms, and IoT-enabled monitoring tools that optimize energy usage and enable predictive maintenance. Together, these companies propel the Smart Meter Market forward by delivering comprehensive, scalable, and intelligent metering solutions that support efficient energy distribution, sustainability, and enhanced customer engagement.
Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/smart-meter-market?prasad
United States: Recent Industry Developments
✅ In January 2026, Itron deployed automated smart meter production lines integrating AI-assisted quality monitoring and robotics-assisted assembly to improve accuracy, durability, and regulatory compliance.
✅ In November 2025, Landis+Gyr invested $35 million in robotics-assisted AI-monitored smart meter production platforms to standardize performance and throughput.
✅ In August 2025, Sensus implemented automated AI-assisted workflows with robotics for smart meter assembly, calibration, and testing.
✅ In June 2025, Honeywell deployed AI-monitored robotics-assisted production lines for smart meters to ensure precision, reliability, and efficiency.
Japan: Recent Industry Developments
✅ In January 2026, Toshiba deployed AI-assisted automated smart meter production platforms, supported by $25 million investment, integrating robotics for assembly, testing, and quality assurance.
✅ In October 2025, Hitachi Ltd implemented robotics-assisted AI-monitored smart meter production lines to ensure accuracy, consistency, and regulatory compliance.
✅ In July 2025, Mitsubishi Electric introduced automated AI-assisted workflows with robotics for smart meter assembly and testing.
✅ In April 2025, Fuji Electric deployed AI-monitored robotics-assisted production platforms for smart meters to standardize output and enhance reliability.
Segment Covered in the Smart Meter Market:
By Product
The market is segmented into smart electric meters 50%, smart water meters 30%, and smart gas meters 20%, with smart electric meters dominating due to widespread electricity monitoring, grid modernization, and rising adoption in residential, commercial, and industrial sectors. Smart water meters are growing with urban water management initiatives. Smart gas meters adoption is increasing for safety and energy efficiency purposes.
By Technology
Technologies include advanced metering infrastructure (AMI) 60% and automated meter reading (AMR) devices 40%, with AMI dominating due to real-time data collection, remote monitoring, and integration with smart grid platforms. AMR devices are still widely used for legacy systems and simpler applications. Digitalization and smart grid modernization drive technology-level growth.
By Communication
Communication types include radio frequency (RF) 50%, cellular 30%, and power line communication 20%, with RF dominating due to reliability, cost-effectiveness, and compatibility with residential and commercial networks. Cellular communication is growing for remote and industrial applications. Power line communication supports utility monitoring where wireless coverage is limited.
By Component
Components comprise hardware 60% and software 40%, with hardware dominating due to sensor, meter, and communication module requirements. Software adoption is growing for energy management, billing, analytics, and integration with IoT platforms. AI and cloud-based solutions enhance component-level adoption.
By End-User
End-users include residential 50%, commercial 30%, and industrial 20%, with residential adoption dominating due to increasing awareness of energy conservation, government incentives, and smart home integration. Commercial and industrial segments are growing for operational efficiency and regulatory compliance. Utility-driven smart meter deployment supports end-user growth.
Buy Now & Unlock 360° Market Intelligence:
https://www.datamintelligence.com/buy-now-page?report=smart-meter-market
Regional Analysis
North America - 35% Share
North America leads with 35% share driven by large-scale smart grid initiatives, advanced metering infrastructure deployment, and strong government support in the U.S. and Canada. Smart electric meters and AMI dominate. Residential and commercial end-users are primary adopters.
Europe - 25% Share
Europe accounts for 25% share supported by regulatory mandates for smart meter rollouts, energy efficiency programs, and smart city projects in Germany, France, and the UK. AMI and RF communication dominate. Residential and industrial users drive adoption.
Asia Pacific - 25% Share
Asia Pacific holds 25% share driven by rapid urbanization, smart city initiatives, and industrial expansion in China, India, Japan, and Southeast Asia. Smart electric and water meters dominate. AMI adoption and RF communication support regional growth.
South America - 8% Share
South America records 8% share with growing urban infrastructure and energy management programs in Brazil and Mexico. Smart electric meters dominate. Residential and commercial sectors drive adoption.
Middle East & Africa - 7% Share
Middle East & Africa captures 7% share driven by smart grid modernization, energy efficiency initiatives, and renewable energy integration in UAE, Saudi Arabia, and South Africa. AMI and RF-based meters dominate. Industrial and residential users are key adopters.
Request for 2 Days FREE Trial Access:
https://www.datamintelligence.com/reports-subscription?prasad
✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends
Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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 United States Smart Meter Market to Reach US$ 11.16 Billion by 2030 | Major Companies 2026 - Landis+Gyr, Itron, Honeywell International | Exclusive report by DataM Intelligence here
News-ID: 4357289 • Views: …
More Releases from DataM intelligence 4 Market Research LLP
Global Solar Backsheet Market Set for Steady Growth at 7% CAGR Through 2030, Led …
The Global Solar Backsheet Market size is growing at a high CAGR of 7% during the forecast period (2023-2030).
Market growth is driven by the rapid expansion of solar photovoltaic installations worldwide, increasing demand for durable and high-performance backsheet materials to enhance module longevity, and a shift toward cost-effective fluoropolymer alternatives. Advancements in UV-resistant and hydrolysis-proof backsheets, rising investments in utility-scale solar projects, supportive government policies for renewable energy, and growing…
United States Vehicle Intelligence Systems Market to hit US$ 6.96 Billion by 203 …
Leander, Texas and Tokyo, Japan - Jan.21.2026
As per DataM intelligence research report "Global Vehicle Intelligence Systems Market reached US$ 8.5 billion in 2022 and is expected to reach US$ 23.2 billion by 2030, growing with a CAGR of 12.3% during the forecast period 2023-2030."
The vehicle intelligence systems market is growing as automakers integrate AI, sensors, and connectivity for advanced driver assistance and autonomous vehicles. Innovations in predictive analytics, V2X communication,…
United States Waste Paper Management Market to Reach US$ 15.81 Billion by 2031 | …
Leander, Texas and Tokyo, Japan - Jan.21.2026
As per DataM intelligence research report "The Global Waste Paper Management Market reached US$ 43.2 billion in 2022 and is expected to reach US$ 52.7 billion by 2031, growing with a CAGR of 2.6% during the forecast period 2024-2031."
The waste paper management market is expanding as recycling and circular economy initiatives gain importance. Advanced collection, sorting, and pulping technologies improve efficiency and sustainability. Increasing…
Distributed Power Generation Market to Reach US$ 715.8 Billion by 2032 at 10.5% …
The Distributed Power Generation Market reached US$ 268.8 billion in 2024 and is expected to reach US$ 715.8 billion by 2032, growing at a CAGR of 10.5% during the forecast period 2025-2032. The market is expanding as energy consumers increasingly adopt decentralized power systems to improve reliability, reduce transmission losses, and enhance energy security.
Growth is driven by rising deployment of solar PV, wind turbines, fuel cells, and combined heat and…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
