Smart Meters Market by Type (Electric, Water, and Gas), Application (Commercial, Residential, and Industrial), Technology (Automatic Meter Reading and Advanced Metering Infrastructure), and by Region - Global Forecasts to 2022

Table of Contents

1 INTRODUCTION 14

1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18

2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 21
2.2 MARKET SIZE ESTIMATION 22
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 31

4.1 SMART METERS MARKET, BY TYPE 31
4.2 SMART METERS MARKET, BY APPLICATION 32
4.3 SMART METERS MARKET, BY TECHNOLOGY 32
4.4 ASIA PACIFIC: THE LARGEST MARKET DURING THE FORECAST PERIOD, BY REGION 33

5 MARKET OVERVIEW 34

5.1 INTRODUCTION 35
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 36
5.2.1.1 Government policies 36
5.2.1.2 Energy conservation 37
5.2.1.3 Increasing smart grid deployment 37
5.2.1.4 Investments in efficient distribution networks 37
5.2.2 RESTRAINTS 37
5.2.2.1 High installation costs for end-users 37
5.2.3 OPPORTUNITIES 37
5.2.3.1 Integration of distributed generation 37
5.2.4 CHALLENGES 38
5.2.4.1 Lack of awareness among consumers 38
5.2.4.2 Lack of compatibility with other devices 38
5.2.4.3 Design and maintenance of smart meters 38
5.2.4.4 Improper installation of smart meters 38

6 SMART METERS MARKET, BY TYPE 39

6.1 INTRODUCTION 40
6.2 SMART ELECTRIC METERS 40
6.3 SMART WATER METERS 41
6.4 SMART GAS METERS 42

7 SMART METERS MARKET, BY APPLICATION 44

7.1 INTRODUCTION 45
7.2 RESIDENTIAL SMART METERS MARKET 46
7.3 COMMERCIAL SMART METERS MARKET 46
7.4 INDUSTRIAL SMART METERS MARKET 47

8 SMART METERS MARKET, BY TECHNOLOGY 48

8.1 INTRODUCTION 49
8.2 AUTOMATIC METER READING (AMR) 49
8.3 ADVANCED METERING INFRASTRUCTURE (AMI) 50

9 GLOBAL SMART METERS MARKET, BY REGION 52

9.1 INTRODUCTION 53
9.2 NORTH AMERICA 55
9.2.1 BY TYPE 55
9.2.2 BY APPLICATION 55
9.2.3 BY TECHNOLOGY 56
9.2.4 BY COUNTRY 56
9.2.4.1 The U.S. 57
9.2.4.2 Canada 57
9.2.4.3 Mexico 58
9.3 EUROPE 59
9.3.1 BY TYPE 60
9.3.2 BY APPLICATION 60
9.3.3 BY TECHNOLOGY 60
9.3.4 BY COUNTRY 61
9.3.4.1 Germany 61
9.3.4.2 France 62
9.3.4.3 The U.K. 62
9.3.4.4 Rest of Europe 63
9.4 ASIA-PACIFIC 64
9.4.1 BY TYPE 65
9.4.2 BY APPLICATION 65
9.4.3 BY TECHNOLOGY 65
9.4.4 BY COUNTRY 66
9.4.4.1 China 66
9.4.4.2 India 67
9.4.4.3 Japan 67
9.4.4.4 Australia 68
9.4.4.5 Malaysia 68
9.4.4.6 Rest of Asia-Pacific 69
9.5 THE MIDDLE EAST 69
9.5.1 BY TYPE 69
9.5.2 BY APPLICATION 70
9.5.3 BY TECHNOLOGY 70
9.5.4 BY COUNTRY 71
9.5.4.1 Saudi Arabia 71
9.5.4.2 Israel 71
9.5.4.3 UAE 72
9.5.4.4 Rest of the Middle East 73
9.6 SOUTH AMERICA 73
9.6.1 BY TYPE 73
9.6.2 BY APPLICATION 74
9.6.3 BY TECHNOLOGY 74
9.6.4 BY COUNTRY 75
9.6.4.1 Brazil 75
9.6.4.2 Argentina 76
9.6.4.3 Rest of South America 76
9.7 AFRICA 77
9.7.1 BY TYPE 77
9.7.2 BY APPLICATION 77
9.7.3 BY TECHNOLOGY 78
9.7.4 BY COUNTRY 78
9.7.4.1 South Africa 78
9.7.4.2 Rest of Africa 79
 

10 COMPETITIVE LANDSCAPE 80

10.1 OVERVIEW 80
10.2 SMART METERS MARKET: COMPETITOR RANKING, 2016 81
10.3 COMPETITIVE SITUATION & TRENDS 81
10.4 VENDOR DIVE OVERVIEW 83
10.4.1 MARKET LEADERS 83
10.4.2 INNOVATORS 83
10.4.3 DYNAMIC 84
10.4.4 EMERGING 84
10.5 ANALYSIS OF THE PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE SMART METERS MARKET (25 COMPANIES) 84
10.6 BUSINESS STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE SMART METERS MARKET (25 COMPANIES) 85
*Top 25 companies analyzed for this study are- Aclara Technologies LLC., Microchip Technology Inc., EDMI LTD., Holley Metering Ltd., Honeywell International Inc., Itron Inc., Schneider Electric, Siemens AG, Toshiba Corporation (Landis+Gyr), Wasion Group, Sensus, Badger Meter Inc., Kamstrup A/S, ICSA (INDIA) LIMITED, Iskraemeco, Jiangsu Linyang Electronics Co., Ltd., Circutor, Networked Energy Service Corp., Neptune Technology Group, Genus Power Infrastructures ltd, Master Meters, Diehl Metering gmbh, Sentec Ltd., B. Meters, Chongqing Smart Water Meter Group Co., Ltd.

11 COMPANY PROFILES 86

(Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View)*
11.1 SCHNEIDER ELECTRIC 86
11.2 SIEMENS AG 89
11.3 HONEYWELL INTERNATIONAL, INC. 92
11.4 ITRON, INC. 96
11.5 SENSUS (XYLEM) 99
11.6 EDMI LIMITED 102
11.7 BADGER METER, INC. 105
11.8 HOLLEY METERING, LIMITED 108
11.9 ICSA (INDIA), LIMITED 110
11.10 ACLARA TECHNOLOGIES, LLC. 112
11.11 KAMSTRUP A/S 115
11.12 WASION GROUP 117
11.13 JIANGSU LINYANG ENERGY CO. 120
11.14 ATMEL (MICROCHIP TECHNOLOGY) CORPORATION 122
11.15 LANDIS+GYR (TOSHIBA CORPORATION) 125
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
 
12 APPENDIX 129
 

LIST OF TABLES

TABLE 1 GLOBAL SMART METERS MARKET SNAPSHOT 27
TABLE 2 SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 40
TABLE 3 SMART ELECTRIC METERS: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 41
TABLE 4 SMART WATER METERS: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 42
TABLE 5 SMART GAS METERS: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 43
TABLE 6 GLOBAL SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 45
TABLE 7 RESIDENTIAL: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 46
TABLE 8 COMMERCIAL: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 46
TABLE 9 INDUSTRIAL: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 47
TABLE 10 SMART METERS MARKET, BY TECHNOLOGY, 2015–2022 (USD MILLION) 49
TABLE 11 AUTOMATIC METER READING: SMART METERS MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 50
TABLE 12 ADVANCED METERING INFRASTRUCTURE: SMART METERS MARKET SIZE,
BY REGION, 2015–2022 (USD MILLION) 51
TABLE 13 GLOBAL SMART METERS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION) 53
TABLE 14 SMART ELECTRIC METERS MARKET SIZE, BY TOP COUNTRY,
2015–2022 (USD MILLION) 54
TABLE 15 SMART GAS METERS MARKET SIZE, BY TOP COUNTRY, 2015–2022 (USD MILLION) 54
TABLE 16 SMART WATER METERS MARKET SIZE, BY TOP COUNTRY,
2015–2022 (USD MILLION) 54
TABLE 17 NORTH AMERICA: SMART METERS MARKET SIZE, BY TYPE,
2015–2022 (USD MILLION) 55
TABLE 18 NORTH AMERICA: SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 55
TABLE 19 NORTH AMERICA: SMART METERS MARKET SIZE, BY TECHNOLOGY,
2015–2022 (USD MILLION) 56
TABLE 20 NORTH AMERICA: SMART METERS MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 56
TABLE 21 U.S.: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 57
TABLE 22 CANADA: SMART METERS MARKET SIZE, BY TYPE, 2015–2022 (USD MILLION) 57
TABLE 23 MEXICO: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 58
TABLE 24 EUROPE: SMART METERS MARKET SIZE, BY TYPE, 2015–2022 (USD MILLION) 60
TABLE 25 EUROPE: SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 60
TABLE 26 EUROPE: SMART METERS MARKET SIZE, BY TECHNOLOGY,
2015–2022 (USD MILLION) 60
TABLE 27 EUROPE: SMART METERS MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 61
TABLE 28 GERMANY: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 61
TABLE 29 FRANCE: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 62
TABLE 30 U.K.: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 62
TABLE 31 REST OF EUROPE: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 63
TABLE 32 ASIA-PACIFIC: SMART METERS MARKET SIZE, BY TYPE, 2015–2022 (USD MILLION) 65
TABLE 33 ASIA-PACIFIC: SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 65
TABLE 34 ASIA-PACIFIC: SMART METERS MARKET SIZE, BY TECHNOLOGY,
2015–2022 (USD MILLION) 65
TABLE 35 ASIA-PACIFIC: SMART METERS MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 66
TABLE 36 CHINA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 66
TABLE 37 INDIA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 67
TABLE 38 JAPAN: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 67
TABLE 39 AUSTRALIA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 68
TABLE 40 MALAYSIA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 68
TABLE 41 REST OF ASIA-PACIFIC: SMART METERS MARKET, BY TYPE,
2015–2022 (USD MILLION) 69
TABLE 42 MIDDLE EAST: SMART METERS MARKET SIZE, BY TYPE,
2015–2022 (USD MILLION) 69
TABLE 43 MIDDLE EAST: SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 70
TABLE 44 MIDDLE EAST: SMART METERS MARKET SIZE, BY TECHNOLOGY,
2015–2022 (USD MILLION) 70
TABLE 45 MIDDLE EAST: SMART METERS MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 71
TABLE 46 SAUDI ARABIA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 71
TABLE 47 ISRAEL: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 72
TABLE 48 UAE: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 72
TABLE 49 REST OF THE MIDDLE EAST: SMART METERS MARKET, BY TYPE,
2015–2022 (USD MILLION) 73
TABLE 50 SOUTH AMERICA: SMART METERS MARKET SIZE, BY TYPE,
2015–2022 (USD MILLION) 73
TABLE 51 SOUTH AMERICA: SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 74
TABLE 52 SOUTH AMERICA: SMART METERS MARKET SIZE, BY TECHNOLOGY,
2015–2022 (USD MILLION) 74
TABLE 53 SOUTH AMERICA: SMART METERS MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 75
TABLE 54 BRAZIL: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 75
TABLE 55 ARGENTINA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 76
TABLE 56 REST OF SOUTH AMERICA: SMART METERS MARKET, BY TYPE,
2015–2022 (USD MILLION) 76
TABLE 57 AFRICA: SMART METERS MARKET SIZE, BY TYPE, 2015–2022 (USD MILLION) 77
TABLE 58 AFRICA: SMART METERS MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 77
TABLE 59 AFRICA: SMART METERS MARKET SIZE, BY TECHNOLOGY,
2015–2022 (USD MILLION) 78
TABLE 60 AFRICA: SMART METERS MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION) 78
TABLE 61 SOUTH AFRICA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 79
TABLE 62 REST OF AFRICA: SMART METERS MARKET, BY TYPE, 2015–2022 (USD MILLION) 79

LIST OF FIGURES

FIGURE 1 MARKET SEGMENTATION: SMART METERS MARKET 15
FIGURE 2 COUNTRIES COVERED 15
FIGURE 3 SMART METERS MARKET: RESEARCH DESIGN 18
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION 22
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 7 DATA TRIANGULATION METHODOLOGY 24
FIGURE 8 MARKET FOR SMART ELECTRIC METERS TO REGISTER THE HIGHEST GROWTH BETWEEN 2017 AND 2022 28
FIGURE 9 MARKET FOR RESIDENTIAL APPLICATION TO REGISTER THE HIGHEST GROWTH BETWEEN 2017 AND 2022 28
FIGURE 10 MARKET FOR ADVANCED METERING INFRASTRUCTURE (AMI) TECHNOLOGY TO REGISTER THE HIGHEST GROWTH BETWEEN 2017 AND 2022 29
FIGURE 11 ASIA-PACIFIC TO DOMINATE THE MARKET BETWEEN 2017 AND 2022 29
FIGURE 12 ATTRACTIVE MARKET OPPORTUNITIES IN THE SMART METERS MARKET 31
FIGURE 13 SMART METERS MARKET SHARE (VALUE), BY TYPE, 2017–2022 31
FIGURE 14 RESIDENTIAL SEGMENT IS ESTIMATED TO DOMINATE THE SMART METERS MARKET BY 2022 32
FIGURE 15 AUTOMATIC METER READING (AMR) SEGMENT IS ESTIMATED TO DOMINATE THE SMART METERS MARKET BY 2022 32
FIGURE 16 ASIA-PACIFIC IS EXPECTED TO GROW AT THE FASTEST PACE DURING THE FORECAST PERIOD 33
FIGURE 17 INCREASING SMART GRID DEPLOYMENT IS A MAJOR FACTOR DRIVING THE SMART METERS MARKET 36
FIGURE 18 SMART METER MARKET SHARE (VALUE), 2022 40
FIGURE 19 THE RESIDENTIAL APPLICATION SEGMENT IS EXPECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 45
FIGURE 20 THE AMR SEGMENT IS EXPECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD 49
FIGURE 21 REGIONAL SNAPSHOT: RAPID GROWTH IN DEVELOPING MARKETS SUCH AS ASIA-PACIFIC IS CREATING NEW HOT SPOTS 53
FIGURE 22 THE MARKET IN EUROPE TO DRIVE THE SMART METERS MARKET, BY REGION, 2017 & 2022 (USD MILLION) 59
FIGURE 23 THE MARKET IN ASIA-PACIFIC TO DRIVE THE SMART METERS MARKET, BY REGION, 2017 & 2022 (USD MILLION) 64
FIGURE 24 COMPANIES ADOPTED MERGERS & ACQUISITIONS TO CAPTURE A SHARE OF THE MARKET 80
FIGURE 25 BATTLE FOR MARKET SHARE: CONTRACTS & AGREEMENTS WAS THE KEY STRATEGY, 2013–2017 81
FIGURE 26 MARKET EVALUATION FRAMEWORK: NEW PRODUCT LAUNCHES, MERGERS, ACQUISITIONS, & PARTNERSHIPS, CONTRACTS & AGREEMENTS, & OTHERS FUELED THE GROWTH OF COMPANIES FROM 2013 TO FEBRUARY 2017 82
FIGURE 27 VENDOR DIVE MATRIX 83
FIGURE 28 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT (2015) 86
FIGURE 29 SCHNEIDER ELECTRIC: PRODUCT OFFERING SCORECARD 87
FIGURE 30 SCHNEIDER ELECTRIC: BUSINESS STRATEGY SCORECARD 87
FIGURE 31 SIEMENS AG: COMPANY SNAPSHOT (2016) 89
FIGURE 32 SIEMENS AG: PRODUCT OFFERING SCORECARD 90
FIGURE 33 SIEMENS AG: BUSINESS STRATEGY SCORECARD 90
FIGURE 34 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT (2016) 93
FIGURE 35 HONEYWELL INTERNATIONAL, INC.: PRODUCT OFFERING SCORECARD 93
FIGURE 36 HONEYWELL INTERNATIONAL, INC.: BUSINESS STRATEGY SCORECARD 94
FIGURE 37 ITRON, INC.: COMPANY SNAPSHOT (2016) 96
FIGURE 38 ITRON, INC.: PRODUCT OFFERING SCORECARD 97
FIGURE 39 ITRON, INC.: BUSINESS STRATEGY SCORECARD 97
FIGURE 40 SENSUS (XYLEM): PRODUCT OFFERING SCORECARD 99
FIGURE 41 SENSUS (XYLEM): BUSINESS STRATEGY SCORECARD 100
FIGURE 42 EDMI LTD.: PRODUCT OFFERING SCORECARD 102
FIGURE 43 EDMI LTD.: BUSINESS STRATEGY SCORECARD 103
FIGURE 44 BADGER METER, INC.: COMPANY SNAPSHOT (2016) 105
FIGURE 45 BADGER METER, INC.: PRODUCT OFFERING SCORECARD 106
FIGURE 46 BADGER METER, INC.: BUSINESS STRATEGY SCORECARD 106
FIGURE 47 HOLLEY METERING LTD.: PRODUCT OFFERING SCORECARD 108
FIGURE 48 HOLLEY METERING, LIMITED: BUSINESS STRATEGY SCORECARD 108
FIGURE 49 ICSA (INDIA), LIMITED: COMPANY SNAPSHOT (2014) 110
FIGURE 50 ISCA (INDIA), LIMITED: PRODUCT OFFERING SCORECARD 111
FIGURE 51 ICSA (INDIA), LIMITED: BUSINESS STRATEGY SCORECARD 111
FIGURE 52 ACLARA TECHNOLOGIES, LLC.: PRODUCT OFFERING SCORECARD 112
FIGURE 53 ACLARA TECHNOLOGIES, LLC.: BUSINESS STRATEGY SCORECARD 113
FIGURE 54 KAMSTRUP A/S: PRODUCT OFFERING SCORECARD 115
FIGURE 55 KAMSTRUP A/S: BUSINESS STRATEGY SCORECARD 116
FIGURE 56 WASION GROUP: COMPANY SNAPSHOT (2015) 117
FIGURE 57 WASION GROUP: PRODUCT OFFERING SCORECARD 118
FIGURE 58 WASION GROUP: BUSINESS STRATEGY SCORECARD 118
FIGURE 59 JIANGSU LINYANG ENERGY CO.: COMPANY SNAPSHOT (2015) 120
FIGURE 60 JIANGSU LINYANG ENERGY CO.: PRODUCT OFFERING SCORECARD 121
FIGURE 61 JIANGSU LINYANG ENERGY CO.: BUSINESS STRATEGY SCORECARD 121
FIGURE 62 ATMEL (MICROCHIP) CORPORATION: PRODUCT OFFERING SCORECARD 122
FIGURE 63 ATMEL (MICROCHIP) CORPORATION: BUSINESS STRATEGY SCORECARD 123
FIGURE 64 TOSHIBA CORPORATION (LANDIS+GYR): COMPANY SNAPSHOT (2016) 125
FIGURE 65 LANDIS+GYR (TOSHIBA CORPORATION): PRODUCT OFFERING SCORECARD 126
FIGURE 66 LANDIS+GYR (TOSHIBA CORPORATION): BUSINESS STRATEGY SCORECARD 126

当レポートのプレスリリースは発行されておりません。