Middle East Smart Electricity Meter
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, 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 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. 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.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Middle East Smart Electricity Meter Market Report 2025.
According to Cognitive Market Research,Middle East and Africa smart electricity meter market size was valued at USD XX in 2023 and is expected to grow at a compound annual growth rate (CAGR) of XX% from 2024 to 2029
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Technology |
|
Market Split by Phase |
|
Market Split by End Use |
|
List of Competitors |
|
Country Analysis | Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East | Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Middle East Smart Electricity Meter industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Middle East Smart Electricity Meter Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
In the Middle East and Africa, the market for smart electricity meters is still in its early stages. Most countries have not yet announced smart meters and are still in the pilot stage. Market penetration rates in these regions are less than 5% of total utility customers. Saudi Arabia and UAE are leading the way in the implementation of smart meters for electricity.
For instance, in Saudi Arabia the Saudi Electricity Company (SEC) has announced the installation of some 10 million smart electricity meters and claims this has been done in less than 14 months. In a press statement, the utility's CEO, Fahd Bin Hussein Al-Sudairi, touted the milestone achieved by his company and how the smart meters program will help the energy provider optimize its operations and customer service.
(source https://www.smart-energy.com/industry-sectors/smart-meters/saudi-electricity-finishes-installation-of-10-million-smart-electricity-meters/)
Dubai Electricity and Water Authority’s (DEWA) smart electricity and water meters are delivering benefits to customers. Dubai Electricity and Water Authority (DEWA), announced that DEWA has installed more than 2 million electricity and water smart meters in Dubai. This is part of DEWA’s efforts to develop a state-of-the-art digital infrastructure according to the highest international standards. Smart meters increase efficiency and reduce consumption, as well as enable customers to monitor their consumption anytime and anywhere.
(source https://www.smart-energy.com/regional-news/middle-east/dewa-passes-2-million-smart-electricity-and-water-meter-milestone/)
Read a Detailed Qualitative analysis of the above report by requesting the free sample pages from Request for your Free Sample PDF/Online Access.
The smart electricity meter market has high demand and high growth rate. Highly differentiated products. The presence of prominent players, such as GE, ABB Ltd., and Schneider Electric, and the companies' strategic initiatives such as frequent partnerships, mergers, acquisitions, expansion, and strategic alliances, as well as increased spending on R&D activities, are increasing the competition in the industry.
For Instance, Itron Inc. and SEW, a top supplier of cloud-based software solutions for the water and energy sectors, partnered in February 2023. The goal of the partnership is to create new products that make use of Itron's OpenWay Riva IoT solution, which consists of smart grid technologies and smart electricity meters.
(source https://na.itron.com/w/itron-expands-collaboration-with-sew-to-transform-the-consumer-experience#:~:text=%E2%80%94%20Feb.,digital%20customer%20and%20workforce%20experiences. )
Top Companies Market Share in Middle East Smart Electricity 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 Middle East Market size analysis from 2021 till the forecast period of 2031. We have included analysis of top performing countries such as (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East) and their Market segmentation by Technology , Phase, End Use, etc. This will help you to understand detailed segment profile, revenue generation, growth patterns, trends, and differences among the each segments.
Middle East Smart Electricity Meter market 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 Middle East Smart Electricity 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 2021 to 2033.
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!
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 Middle East Smart Electricity 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 2021-2033. 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!
Based on Technology, market is segmented into Automatic Meter Reading and Advance Metering Infrastructure. The adoption of these meters has been on the rise in recent years, owing to the advantages provided by the advanced metering infrastructure. The two-way communication between the customer and the electric company is the major difference between the advanced metering infrastructure and auto-meter reading smart meter. The increased adoption of renewable energy has also contributed to the adoption of smart meters for electricity. The need for transparency between the electric company and customers regarding electricity usage with precise readings is the primary benefit of the smart electricity meter. Auto meter readings still have a higher percentage in terms of installations in each region, but they are being replaced by advanced metering infrastructure. This factor will help to make a rise in the market value of advanced metering infrastructure during the period.
The phase segment of smart electricity market is divided in two parts one is Single phase while other is three phases.
Single phase electricity meter refers to the electronic devices are used to measure energy consumption and quality factors, as well as to provide methods for tamper detection. The single-phase segment generated significant revenue during the forecast period due to its suitability for high-capacity industrial facilities and utility-maintained power networks. Rising urbanization rates, combined with favourable regulatory policies aimed at upgrading small-scale industries in emerging countries, will drive smart electric meter market growth in the segment.
The three-phase segment is expected to experience significant growth during the forecast period. The 3-phase electric meter is typically used to calculate the power of a three-phase electrical source, with the most common application in the commercial sector. The increasing demand for dependability in power supply for business processes such as logistics, hospitality, education, oil and gas, etc., will positively influence the implementation of three-phase smart electricity meter systems.
The residential end use segment led the market in 2023, accounting for over XX% of the global revenue share. High development in residential establishments, on the back of surging consumption of smart electric meters is significantly influenced by factors such as per capita income and population. The rise can be attributed to consumers' growing desire for the meters because of their transparency. Applicable tariffs based on electricity usage are yet another factor contributing to their increasing demand in the residential market. Less energy waste is the other benefit.
Commercial buildings and related infrastructure, such as lodging facilities for travellers, shopping centres of various sizes, offices, and hotels, are included in the commercial segment. Significant prospects in the commercial sector are anticipated due to the development of smart grid adoption proposals, administrative rules, and policy standardization by government authorities in industrialized nations from Europe and North America.
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 Middle East then please revert us to access the exclusive Middle East Smart Electricity 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!
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.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 Middle East Smart Electricity Meter Market is witnessing significant growth in the near future.
In 2025, the segment accounted for noticeable share of Middle East Smart Electricity Meter Market and is projected to experience significant growth in the near future.
The segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ABB Ltd. , Itron 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).
Technology | Automatic Meter Reading, Advanced Metering Infrastructure |
Phase | Single Phase, Three Phase |
End Use | Residential, Commercial, Industrial |
List of Competitors | ABB Ltd., General Electric, Itron, Inc., Siemens AG, Landis +Gyr., Holley Technology Ltd., Larsen & Tourbo, Osaki Electric Co., Secure Meters, Aclara Technologies, ABB Ltd., Kamstrup, Honeywell, Sensus, Wasion Group |
This chapter will help you gain Middle East Market Analysis of Middle East Smart Electricity Meter. Further deep in this chapter, you will be able to review Middle East Middle East Smart Electricity Meter Market Split by various segments and Country Split.
Chapter 1 Middle East Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Middle East Smart Electricity Meter. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 2 Competitor Analysis (Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 3 Qualitative Analysis (Subject to Data Availability)
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 Technology Analysis 2021 - 2033
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 Phase Analysis 2021 - 2033
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 End Use Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Middle East Smart Electricity Meter market
Chapter 7 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.
Chapter 8 Research Methodology and Sources
Why have a significant impact on Middle East Smart Electricity Meter market? |
What are the key factors affecting the and of Middle East Smart Electricity Meter Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the Middle East Smart Electricity Meter Market? |
Which region is expected to dominate the Middle East Smart Electricity Meter Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|