- 101) 8.1 INTRODUCTION FIGURE 38MARKET SHARE, BY COMPONENT, 2020 (%) TABLE 18 MARKET, BY COMPONENT, 20192026 (USD MILLION) 8.2 HARDWARE TABLE 19 MARKET FOR HARDWARE, BY REGION, 20192026 (USD MILLION) TABLE 20 SMART METERS COMPONENT MARKET FOR HARDWARE, BY TYPE, 20192026 (MILLION UNITS) 8.2.1 POWER SYSTEMS 8.2.1.1 Software and hardware with higher power consumption are driving power systems market 8.2.2 MICROCONTROLLERS 8.2.2.1 Integration of AI or IoT with microcontrollers to become more consumer-friendly driving market growth 8.2.3 COMMUNICATION INTERFACE 8.2.3.1 Integration of AI and connectivity with Smart phones is driving the market 8.3 SOFTWARE TABLE 21 MARKET FOR SOFTWARE, BY REGION, 20192026 (USD MILLION) TABLE 22 SMART METERS COMPONENT MARKET FOR SOFTWARE, BY TYPE, 20192026 (MILLION UNITS) 8.3.1 CUSTOMER INFORMATION SYSTEM 8.3.1.1 Improving communication between consumers and service providing utilities is boosting market 8.3.2 METER DATA MANAGEMENT SYSTEM 8.3.2.1 Vast data management with multiple users and energy or resource demand forecasting are driving market 8.3.3 METERING AND BILLING SOFTWARE 8.3.3.1 Smart payment options using mobile phones and increased billing transparency are propelling market growth, 9 SMART METERS MARKET, BY TECHNOLOGY (Page No. Also, sometimes, smart meters are sent to service centers for maintenance and repair. Smart meters based on AMI technology comprise various hardware and software components, all of which play a role in measuring energy consumption and transmitting information about energy, water, and gas usage to utility companies and customers. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The Electric smart meters segment accounted for the largest share of the smart meters market, by offering, in 2020. The AMI segment accounted for the largest share of the smart meters market, by technology, in 2020. - 107) 9.1 INTRODUCTION FIGURE 39 SMART METERS MARKET SHARE, BY TECHNOLOGY, 2020 (%) TABLE 23 MARKET, BY TECHNOLOGY, 20192026 (USD MILLION) 9.2 AMI 9.2.1 NEED FOR ACCURATE METER READING AND FASTER RESTORATION OF SERVICES IS DRIVING MARKET TABLE 24 AMI: MARKET SIZE, BY REGION, 20192026 (USD MILLION) 9.3 AMR 9.3.1 NEED FOR COST-EFFECTIVE SMART METERS IS BOOSTING MARKET GROWTH TABLE 25 AMR: MARKET SIZE, BY REGION, 20192026 (USD MILLION), 10 SMART METERS MARKET, BY END USER (Page No. To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market, To provide a detailed overview of the smart meters value chain, along with industry trends, use cases, security standards, and Porters five forces, To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market, To analyze opportunities in the market for various stakeholders by identifying high-growth segments in the market, To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape of the market, To analyze growth strategies adopted by market players such as joint ventures, partnerships, mergers and acquisitions, contracts, and agreements, product launches, and research and development (R&D) in the smart meters market, To provide the impact of COVID-19 on the overall market and market players, Product matrix, which provides a detailed comparison of the product portfolio of each company, Detailed analyses and profiling of additional market players, Get Data as per your Format and Definition, Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor, What are the Known and Unknown Adjacencies Impacting the Smart Meters Market. - 220)(Business Overview, Products/solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))* 13.1 MAJOR PLAYERS 13.1.1 SCHNEIDER ELECTRIC TABLE 243 SCHNEIDER ELECTRIC: COMPANY OVERVIEW FIGURE 50 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT TABLE 244 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS OFFERED TABLE 245 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES TABLE 246 SCHNEIDER ELECTRIC: DEALS TABLE 247 SCHNEIDER ELECTRIC: OTHERS 13.1.2 LANDIS+GYR TABLE 248 LANDIS+GYR: COMPANY OVERVIEW FIGURE 51 LANDIS + GYR: COMPANY SNAPSHOT TABLE 249 LANDIS + GYR: PRODUCTS/SOLUTIONS OFFERED TABLE 250 LANDIS + GYR: PRODUCT LAUNCHES TABLE 251 LANDIS + GYR: DEALS TABLE 252 LANDIS + GYR: OTHERS 13.1.3 ITRON GAMESA TABLE 253 ITRON: COMPANY OVERVIEW FIGURE 52 ITRON: COMPANY SNAPSHOT TABLE 254 ITRON: PRODUCTS/SOLUTIONS OFFERED TABLE 255 ITRON: PRODUCT LAUNCHES TABLE 256 ITRON: DEALS TABLE 257 ITRON: OTHERS 13.1.4 SIEMENS TABLE 258 SIEMENS: COMPANY OVERVIEW FIGURE 53 SIEMENS: COMPANY SNAPSHOT TABLE 259 SIEMENS: PRODUCTS/SOLUTIONS OFFERED TABLE 260 SIEMENS: DEALS TABLE 261 TABLE 5 SIEMENS: OTHERS 13.1.5 WASION GROUP TABLE 262 WASION GROUP: COMPANY OVERVIEW FIGURE 54 WASION GROUP: COMPANY SNAPSHOT TABLE 263 WASION GROUP: PRODUCTS/SOLUTIONS OFFERED TABLE 264 WASION GROUP: DEALS 13.1.6 BADGER METER TABLE 265 BADGER METER: COMPANY OVERVIEW FIGURE 55 BADGER METER: COMPANY SNAPSHOT TABLE 266 BADGER METER: PRODUCTS/SOLUTIONS OFFERED TABLE 267 WASION GROUP: PRODUCT LAUNCHES TABLE 268 BADGER METER: DEALS 13.1.7 SENSUS (XYLEM) TABLE 269 SENSUS (XYLEM): COMPANY OVERVIEW FIGURE 56 SENSUS (XYLEM): COMPANY SNAPSHOT TABLE 270 SENSUS (XYLEM): PRODUCTS/SOLUTIONS OFFERED TABLE 271 SENSUS XYLEM: PRODUCT LAUNCHES TABLE 272 SENSUS XYLEM: DEALS 13.1.8 HONEYWELL INTERNATIONAL TABLE 273 HONEYWELL INTERNATIONAL: COMPANY OVERVIEW FIGURE 57 HONEYWELL INTERNATIONAL: COMPANY SNAPSHOT TABLE 274 HONEYWELL INTERNATIONAL: PRODUCTS/SOLUTIONS OFFERED TABLE 275 HONEYWELL INTERNATIONAL: PRODUCT LAUNCHES TABLE 276 HONEYWELL INTERNATIONAL: DEALS 13.1.9 LARSEN & TOUBRO TABLE 277 LARSEN & TOUBRO: COMPANY OVERVIEW FIGURE 58 LARSEN & TOUBRO: COMPANY SNAPSHOT TABLE 278 LARSEN & TOUBRO: PRODUCTS/SOLUTIONS OFFERED TABLE 279 LARSEN & TOUBRO: OTHERS 13.1.10 KAMSTRUP TABLE 280 KAMSTRUP: COMPANY OVERVIEW FIGURE 59 KAMSTRUP: COMPANY SNAPSHOT TABLE 281 KAMSTRUP: PRODUCTS/SOLUTIONS OFFERED TABLE 282 KAMSTRUP: PRODUCT LAUNCHES TABLE 283 KAMSTRUP: OTHERS 13.1.11 GENUS POWER INFRASTRUCTURE TABLE 284 GENUS POWER INFRASTRUCTURE: COMPANY OVERVIEW FIGURE 60 GENUS POWER INFRASTRUCTURE: COMPANY SNAPSHOT TABLE 285 GENUS POWER INFRASTRUCTURE: PRODUCTS/SOLUTIONS OFFERED TABLE 286 GENUS POWER INFRASTRUCTURE: DEALS 13.1.12 ACLARA TECHNOLOGIES TABLE 287 ALCARA TECHNOLOGIES: COMPANY OVERVIEW TABLE 288 ALCARA TECHNOLOGIES: PRODUCTS/SOLUTIONS OFFERED TABLE 289 ALCARA TECHNOLOGIES: PRODUCT LAUNCHES TABLE 290 ALCARA TECHNOLOGIES: OTHERS 13.1.13 OSAKI ELECTRIC CO. (EDMI) TABLE 291 OSAKI ELECTRIC CO. (EDMI): COMPANY OVERVIEW TABLE 292 OSAKI ELECTRIC CO. (EDMI): PRODUCTS/SOLUTIONS OFFERED TABLE 293 OSAKI ELECTRIC CO. (EDMI): PRODUCT LAUNCHES TABLE 294 OSAKI ELECTRIC CO. (EDMI): OTHERS 13.1.14 SAGEMCOM TABLE 295 SAGEMCOM: COMPANY OVERVIEW TABLE 296 SAGEMCOM: PRODUCTS/SOLUTIONS OFFERED TABLE 297 SAGEMCOM: PRODUCT LAUNCHES TABLE 298 SAGEMCOM: DEALS 13.1.15 ISKRAEMECO TABLE 299 ISKRAEMECO: COMPANY OVERVIEW TABLE 300 ISKRAEMECO: PRODUCTS/SOLUTIONS OFFERED TABLE 301 ISKRAEMECO: PRODUCT LAUNCHES TABLE 302 ISKRAEMECO: OTHERS 13.2 KEY PLAYERS 13.2.1 JIANGSU LINYANG ELECTRONICS TABLE 303 JIANGSU LINYANG ELECTRONICS 13.2.2 HEXING ELECTRICAL TABLE 304 HEXING ELECTRICAL 13.2.3 NETWORKED ENERGY SERVICES CORPORATION TABLE 305 NETWORKED ENERGY SERVICES CORPORATION 13.2.4 PIETRO FIORENTINI TABLE 306 PIETRO FIORENTINI 13.2.5 SECURE METERS TABLE 307 SECURE METERS*Details on Business Overview, Products/solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies. This research study involved the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the global smart meters market. Nissan Motors is manufacturing the Leaf. The increase in smart grid investments, demand for power quality, energy efficiency targets, and reliability of the power system are the prominent factors for the growth of the smart electric metering market in the region. This study involved major activities in estimating the current size of the smart meters market. Global top 2000 strategist rely on us for their growth strategies. The Asian countries are already investing to achieve the goals. Electric vehicles are in demand across developed countries, especially in the US. - 68) 5.1 INTRODUCTION 5.2 COVID-19 HEALTH ASSESSMENT FIGURE 23 COVID-19 GLOBAL PROPAGATION FIGURE 24 COVID-19 PROPAGATION IN SELECTED COUNTRIES FIGURE 25 RECOVERY ROAD FOR 2020 AND 2021 5.3 COVID-19 ECONOMIC ASSESSMENT FIGURE 26 REVISED GDP FOR SELECT G20 COUNTRIES IN 2020 5.4 MARKET DYNAMICS FIGURE 27 SMART METERS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 5.4.1 DRIVERS 5.4.1.1 Supportive government policies and financial incentives for digitalization of grids FIGURE 28 INVESTMENT SHARE PERCENTAGE OF DIGITAL GRID INFRASTRUCTURE IN GLOBAL ELECTRICITY INVESTMENT, 20142019 5.4.1.2 Increased need to monitor utility systems in real time 5.4.1.3 Dynamic pricing of utilities 5.4.1.4 Reduced blackouts and failures of utility systems 5.4.1.5 Increased need to monitor energy consumption to achieve carbon neutrality 5.4.2 RESTRAINTS 5.4.2.1 High set up and operational costs for utility suppliers to switch from traditional to smart meters 5.4.2.2 Halted smart grid and smart city projects due to COVID-19 pandemic FIGURE 29 WORLDWIDE INVESTMENT SPENDING IN ELECTRICITY NETWORKS, 20162020 5.4.2.3 Reduced investment toward infrastructure development and low return on investment 5.4.3 OPPORTUNITIES 5.4.3.1 Focus of governments worldwide on reducing aggregate technical and commercial losses FIGURE 30 GLOBAL INVESTMENTS IN SMART GRID INFRASTRUCTURE, 20142019 5.4.3.2 Integration of artificial intelligence (AI) and machine learning (ML) technologies into smart meters 5.4.3.3 Adoption of electric and hybrid vehicles by consumers FIGURE 31 GLOBAL EV CAR STOCKS, 20162020, MILLION UNITS 5.4.4 CHALLENGES 5.4.4.1 Maintenance, security, and integrity of smart meters and associated data, along with requirement of skilled professionals 5.4.4.2 Dependency on reliable connections between smart meters and smart grid devices to achieve highly accurate data 5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS BUSINESSES 5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMART METER PROVIDERS FIGURE 32 REVENUE SHIFT FOR SMART METERS MARKET 5.6 MARKET MAP TABLE 2 SMART METERS MARKET: ECOSYSTEM FIGURE 33 MARKET MAP/ECOSYSTEM 5.7 VALUE/SUPPLY CHAIN ANALYSIS FIGURE 34 MARKET VALUE CHAIN ANALYSIS 5.7.1 RAW MATERIAL/COMPONENT PROVIDERS 5.7.2 SMART METER MANUFACTURERS 5.7.3 DISTRIBUTORS AND AFTER-SALES SERVICE PROVIDERS 5.7.4 END USERS 5.8 TECHNOLOGY ANALYSIS 5.8.1 MARKET BASED ON DIFFERENT TECHNOLOGIES 5.9 SMART METER: CODES AND REGULATIONS TABLE 3 SMART METER: CODES AND REGULATIONS 5.10 INNOVATION AND PATENT REGISTRATION TABLE 4 SMART METER: INNOVATION AND PATENT REGISTRATION 5.11 CASE STUDY ANALYSIS 5.11.1 SMART WATER SYSTEM HELPS MONROE, LOUISIANA, TO IDENTIFY INDIVIDUAL LEAKING HOUSES AFTER WINTER STORMS 5.11.2 PEPCOS FOCUS ON SAVING OPERATING EXPENSES WITH REMOTE SWITCHING 5.11.3 FOCUS ON TURNING BUDGET DEFICIT UTILITY COMPANY INTO BUDGET PLUS COMPANY WITH SMART METERING 5.11.4 USE OF AMI BY SPANISH HOTEL TO ADVANCE ITS ENERGY EFFICIENCY 5.12 PORTERS FIVE FORCES ANALYSIS TABLE 5 MARKET: PORTERS FIVE FORCES ANALYSIS FIGURE 35 PORTERS FIVE FORCES ANALYSIS FOR MARKET 5.12.1 THREAT OF SUBSTITUTES 5.12.2 BARGAINING POWER OF SUPPLIERS 5.12.3 BARGAINING POWER OF BUYERS 5.12.4 THREAT OF NEW ENTRANTS 5.12.5 INTENSITY OF COMPETITIVE RIVALRY, 6 SMART METERS MARKET, BY TYPE (Page No. The region has been segmented into China, Japan, Australia, India, and the Rest of Asia Pacific. Power sources play a crucial role in the continuous operation of smart meters. The region has been segmented into China, Japan, Australia, India, and the Rest of Asia Pacific. The demand for smart meters from the residential sector is driven by the growing power consumption due to the increased use of home appliances such as air conditioners, televisions, lighting, refrigerators, ceiling fans, cloth washers, dishwashers, personal computers, and heating and air-conditioning equipment at residential buildings. This is best fit in regions where PLC or RF mesh solutions are either inaccessible or too expensive. Therefore, for the effective implementation of smart meters and smart grids, governments across the world have enacted several supportive policies and mandates. 
AMI enables the gathering and transfer of energy and utility usage information in near real-time. As this wireless network has expanded to several small towns and villages across the world, the technology can be widely used for remote area smart meter operations. The data was triangulated by studying various factors and trends from both the demand and supply sides in the smart meters market ecosystem. The leading players in the smart meters market include Itron (US), Landis+Gyr (Switzerland), Siemens (Germany), Osaki Elctric Co. (EDMI) (Singapore), Sensus (Xylem) (US), and Badger Meter (US), By Type, By Communication type, By Component, By Technology, By End-User, and By Region, Asia Pacific, North America, Middle East & Africa, South America, and Europe. Several countries in Europe and North America have used 3G and 4G technology in smart metering projects. Consequently, utility providers have a tough time reaching breakeven. The other secondary sources included press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. China, Japan, and India are investing in grid expansion projects to increase distribution grid reliability. Due to this complexity, even to resolve minor issues, highly trained personnel are required. The region is expected to invest about USD 9.8 billion in developing its smart grid infrastructure between 2018 and 2027. The requirement for huge capital also poses a big challenge to both energy consumers and utility providers. The power source hardware component needs to be attached to an internal battery or power from electricity lines for operations. In January 2020, In a bid to further consumer safety and sustainable growth, BSES Yamuna Power Limited (BYPL) and Schneider Electric, a global leader in the digital transformation of energy management and automation, have signed a far-reaching Memorandum of Understanding (MoU). Utilities need to address the dynamic demand for power from the operations of this equipment and they are investing in smart meters to enhance grid resiliency and operations. 
To describe and forecast the global market for various segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa (MEA), in terms of value. Smart Meters is increasingly being installed and is showing robust growth. 
today energy site national take This is mainly due to the limited capital expenditure capability of utilities. We are interested in Smart Meters Market size for the North America region for the 2022 to 2026 forecast year. In January 2019, Landis+Gyr acquired a 3% equity interest in Sense Labs, Inc. (Sense), in exchange for USD 2 million in cash. Defend your Market Share or Win Competitors. AT&C losses are caused by technical and commercial reasons. The cellular segment accounted for the largest share of the smart meters market, by communication type, in 2020. Connected smart meters bring the risk of cyber threats as hackers, attackers, terrorists, and dissatisfied customers could gain access to critical information, posing a danger to society and business. All such big companies are shifting their focus on manufacturing electric and hybrid vehicles.
AMI enables the gathering and transfer of energy and utility usage information in near real-time. As this wireless network has expanded to several small towns and villages across the world, the technology can be widely used for remote area smart meter operations. The data was triangulated by studying various factors and trends from both the demand and supply sides in the smart meters market ecosystem. The leading players in the smart meters market include Itron (US), Landis+Gyr (Switzerland), Siemens (Germany), Osaki Elctric Co. (EDMI) (Singapore), Sensus (Xylem) (US), and Badger Meter (US), By Type, By Communication type, By Component, By Technology, By End-User, and By Region, Asia Pacific, North America, Middle East & Africa, South America, and Europe. Several countries in Europe and North America have used 3G and 4G technology in smart metering projects. Consequently, utility providers have a tough time reaching breakeven. The other secondary sources included press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases. China, Japan, and India are investing in grid expansion projects to increase distribution grid reliability. Due to this complexity, even to resolve minor issues, highly trained personnel are required. The region is expected to invest about USD 9.8 billion in developing its smart grid infrastructure between 2018 and 2027. The requirement for huge capital also poses a big challenge to both energy consumers and utility providers. The power source hardware component needs to be attached to an internal battery or power from electricity lines for operations. In January 2020, In a bid to further consumer safety and sustainable growth, BSES Yamuna Power Limited (BYPL) and Schneider Electric, a global leader in the digital transformation of energy management and automation, have signed a far-reaching Memorandum of Understanding (MoU). Utilities need to address the dynamic demand for power from the operations of this equipment and they are investing in smart meters to enhance grid resiliency and operations. To describe and forecast the global market for various segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa (MEA), in terms of value. Smart Meters is increasingly being installed and is showing robust growth. today energy site national take This is mainly due to the limited capital expenditure capability of utilities. We are interested in Smart Meters Market size for the North America region for the 2022 to 2026 forecast year. In January 2019, Landis+Gyr acquired a 3% equity interest in Sense Labs, Inc. (Sense), in exchange for USD 2 million in cash. Defend your Market Share or Win Competitors. AT&C losses are caused by technical and commercial reasons. The cellular segment accounted for the largest share of the smart meters market, by communication type, in 2020. Connected smart meters bring the risk of cyber threats as hackers, attackers, terrorists, and dissatisfied customers could gain access to critical information, posing a danger to society and business. All such big companies are shifting their focus on manufacturing electric and hybrid vehicles.
