Europe Smart Meter
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
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According to Cognitive Market Research, the global Smart Meter market size was estimated at USD 23514.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 7054.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Europe Smart Meter Market Sales Revenue 2024 | $ 7054.26 Million |
Europe Smart Meter Market Compound Annual Growth Rate (CAGR) for 2023 to 2030 | 9% |
Market Split by Type |
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Market Split by End-user |
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Market Split by Technology |
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Market Split by Component |
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Market Split by Communication |
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List of Competitors | Competitors not disclose (Request Sample) |
Country Analysis | United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Rest of Europe | Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Europe Smart Meter industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Europe Smart Meter Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Read a Detailed Qualitative analysis of the above report by requesting the free sample pages from Request for your Free Sample PDF/Online Access.
Companies with a large market share in the smart meter sector include Schneider Electric, ABB, and Siemens; these companies have a strong background in energy management and automation technologies. They are able to provide cutting-edge, dependable, and integrated smart metering solutions because of their strong global presence, creative product offerings, and excellent R&D capabilities. Additionally, the market for smart meters has expanded significantly worldwide, with well-known businesses prioritizing partnerships to promote technological developments and improve their offerings. To guarantee safety and enhance electricity monitoring in the residential, commercial, and industrial sectors, these companies are heavily investing in the development of cutting-edge smart meters. In order to successfully achieve their goals for the smart meter business, they also actively participate in noteworthy mergers, acquisitions, and joint ventures.
June 2024: In order to supply Taiwan Power Company (Taipower) with a headend system, Mitsubishi Electric has announced a collaboration with system integrator Glory Technology Service Inc. and Chunghwa Telecom Co., Ltd., a significant telecom provider in Taiwan. The central hub for the supervision and control of smart meters will be this headend system. Mitsubishi Electric is extending its reach into smart meter systems outside of Japan with this deployment. The system is partially operational right now, highlighting a significant advancement in the business's global expansion plan. (Source: https://emea.mitsubishielectric.com/en/news/releases/global/2024/0628-a/index.html ) March 2024: Adani Energy is requesting a loan of USD 600 million to fund its ambitious smart meter initiative in India. The goal of this significant expenditure is to improve the country's energy infrastructure by putting advanced metering equipment into place, which will allow for real-time energy use management and monitoring. The Indian government's attempts to update the electricity grid and improve overall efficiency are consistent with the smart meter plan. (Source: https://www.businesstoday.in/amp/industry/energy/story/adani-energy-chasing-600-million-loan-for-funding-smart-meter-project-in-india-423326-2024-03-29 ) March 2024: With the purchase of Elpis Squared, Itron increased the scope of its network knowledge and enhanced network architecture and performance. This action made it possible for utilities to support the energy transition by enhancing cost-effective management through the use of data solutions and optimized solutions. (Source: https://investors.itron.com/news-releases/news-release-details/itron-acquires-elpis-squared-expands-grid-edge-intelligence ) January 2023: The producer of sophisticated water monitoring products, Syrinix Ltd., was acquired strategically by Badger Meter Inc. The company hopes to expand its offering of smart water solutions by using Syrinix's hardware-enabled software capabilities. Analytical Technology, Inc. (Ati) and Scan GmbH, pioneers in intelligent measurement and smart water quality monitoring, have also been purchased by the company. (Source: https://www.watertechonline.com/industry/article/14287943/badger-meter-badger-meter-enhances-smart-water-capabilities-with-acquisition-of-syrinix )Top Companies Market Share in Europe Smart Meter Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The published report edition delivers Europe Market size analysis from 2019 till the forecast period of 2031. We have included analysis of top performing countries such as (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Rest of Europe) and their Market segmentation by Type, End-user, Technology, Component, Communication, etc. This will help you to understand detailed segment profile, revenue generation, growth patterns, trends, and differences among the each segments.
Europe Smart Meter market Type size and share analysis, have been revealed under this section. This section offers market size, revenue share, y-o-y growth rate along with market attractiveness for each type. This will help you to understand which type held largest revenue share along with its compound annual growth rate (CAGR) of Europe Smart Meter Market.
With the help of type segment analysis, companies can understand which type has potential to invest along with its driving factors, current trends and other key factors. The timeline covered in the published North America Report edition is 2019 to 2031.
Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!
End-user segment analysis is key parameter for key companies and new entrants offering versatile products or services, helping them customize products to meet the need of different user scenarios. Based on the application segment analysis, key companies can choose which application segments to target in the Europe Smart Meter Market. Our experts continuously monitor market dynamics and consumer trends of the each application to evaluate the attractiveness and potential of each segment. In terms of revenue, we can also provide the cross split of types in the each application for year 2019-2031. To understand more please connect with our sales team.
Note: The above Chart is for representative purposes and does not depict actual sales & statistics. You can request a free sample or purchase the full report access today!
The Current Published report Editon on the website includes the following list of countries analysis whereas in case you looking to access any other country or states level data under Europe then please revert us to access the exclusive Europe Smart Meter industry report Edition.
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
Bio :With a work experience of over 10+ years in the market research and strategy development. I have ...Read More
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Europe Smart Meter Market is witnessing significant growth in the near future.
In 2023, the Smart Electric Meter segment accounted for noticeable share of Europe Smart Meter Market and is projected to experience significant growth in the near future.
The Residential segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies , and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Smart Electric Meter, Smart Gas Meter, Smart Water Meter |
End-user | Residential, Commercial, Industrial |
Technology | AMI, AMR |
Component | Hardware, Software |
Communication | RF, PLC, Cellular |
List of Competitors | Not Disclosed! Request To Preview the List |
Chapter 1 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 2 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Chapter 3 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 4 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 5 Market Split by End-user Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 6 Market Split by Technology Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 7 Market Split by Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 8 Market Split by Communication Analysis 2019 -2031
Chapter 9 United Kingdom Market Analysis
Chapter 10 France Market Analysis
Chapter 11 Germany Market Analysis
Chapter 12 Italy Market Analysis
Chapter 13 Russia Market Analysis
Chapter 14 Spain Market Analysis
Chapter 15 Sweden Market Analysis
Chapter 16 Denmark Market Analysis
Chapter 17 Netherlands Market Analysis
Chapter 18 Switzerland Market Analysis
Chapter 19 Belgium Market Analysis
Chapter 20 Rest of Europe Market Analysis
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Europe Smart Meter market
Chapter 21 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Smart Electric Meter have a significant impact on Europe Smart Meter market? |
What are the key factors affecting the Smart Electric Meter and Smart Gas Meter of Europe Smart Meter Market? |
What is the CAGR/Growth Rate of Residential during the forecast period? |
By type, which segment accounted for largest share of the Europe Smart Meter Market? |
Which region is expected to dominate the Europe Smart Meter Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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