Middle East Smart Electricity Meter Market Report 2025

Middle East Smart Electricity Meter Market Report 2025 Market Size Split by Technology (Automatic Meter Reading, Advanced Metering Infrastructure), Phase (Single Phase, Three Phase), End Use (Residential, Commercial, Industrial)

Middle East Smart Electricity Meter Market Report Description

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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)

• 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
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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.

Middle East Smart Electricity Meter Market Analysis

Segment Analysis of Middle East Smart Electricity Meter Market

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 of Middle East Smart Electricity Meter Market

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!

Middle East Smart Electricity Meter Technology Segment Analysis

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.

• Automatic Meter Reading
• Advanced Metering Infrastructure

Middle East Smart Electricity Meter Phase Segment Analysis

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.

• Single Phase
• Three Phase

Middle East Smart Electricity Meter End Use Segment Analysis

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.

• Residential
• Commercial
• Industrial

Middle East Smart Electricity Meter Country Analysis

In this section we have included market revenue, share, type, application and other segment analysis for each country level. Our team identifies and analyses potential risks associated with operating in each country, including rules and regulations, geopolitical risks, and other market-specific challenges. We estimate historical data and forecast future trends to understand the market's current situation in each country. This analysis helps key players to build strategies to strengthen their foothold in Middle East Smart Electricity Meter market.

• Saudi Arabia
• Turkey
• UAE
• Egypt
• Qatar
• Rest of Middle East

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.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

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

Author's Conclusion

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.

Frequently Asked Questions

What is Middle East Smart Electricity Meter market size/share and growth rate?

Middle East Smart Electricity Metermarket size and its growth rate has been provided in the report. The historical period included in the report is from 2021 to 2024, whereas, the report provides forecast data for the years 2025 to 2033. This will help you to in terms of market share, regional market share, country level market share to understand how the market has been performing in the past and how it is going to perform in the following years. Correspondingly, historical and forecast analysis comprises sales and revenue data of the Middle East Smart Electricity Metermarket. Market size for UK, Europe, North America, Asia Pacific, Middle East & Africa is also included in the report.

What are the major factors affecting the Middle East Smart Electricity Meter market?

The major factors affecting the Middle East Smart Electricity Meter market in a positive, as well as negative perspective, have been provided with detailed analysis in the report. This segment has encompassed drivers, opportunities, and challenges faced by the industry. This will help you to understand the major factors impacting Middle East Smart Electricity Meter market trends and develop your business strategy accordingly.

Who are the top manufacturers of Middle East Smart Electricity Meter? List of Middle East Smart Electricity Meter Companies and there market trend or market share?

Major manufacturers or list of Middle East Smart Electricity Meter manufacturers 2024 involved in the market have been profiled in the report along with their business strategies, recent developments, SWOT analysis, business overview, and market Trend from the year 2018-2022. Middle East Smart Electricity Meter Companies such as 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 are part of the final deliverable document along with the same we can provide data for 2nd, 3rd, start-up level companies data and strategies as well. This will help you to understand the competitive analysis of the market and how other players are performing in the market. This detailed competitive analysis will help you to strategize your business accordingly and will keep you one step ahead. A quantitative and qualitative analysis of the main players in the Middle East Smart Electricity Meter market is introduced, from the perspective of sales, revenue and price.

Which segments are covered under Middle East Smart Electricity Meter market segments analysis?

Under Middle East Smart Electricity Meter market segments analysis , , Technology . It provides detailed insights on each type and application. Further, it provides which sub-segment is dominating the Middle East Smart Electricity Meter market along with its reason. Additionally, the Middle East Smart Electricity Meter market report will help you to analyze which sub-segment is fastest-growing during the forecast period.

What has been the impact of COVID-19 on the Middle East Smart Electricity Meter market?

After the analysis of the complete market, the report has provided how the COVID-19 pandemic has affected the market. All the parameters have covered the overall impact of COVID -19 on the market value, market trend & growth of the market, and how the major players in the particular market are adopting these changes. This will help you to understand the overall optimistic, pessimistic, and neutral effects of the coronavirus pandemic on the Middle East Smart Electricity Meter market.

How the Middle East Smart Electricity Meter market performed till 2025 and how will it perform in the following years?

The Middle East Smart Electricity Meter market has been analyzed thoroughly and has estimated the parameters which have affected the market in the historical period as well as how the market is going to perform in the following years. This will provide a complete market scenario and help you to strategize your next move accordingly to the Middle East Smart Electricity Meter market Share.

Which region is expected to hold the highest market share in the Middle East Smart Electricity Meter market?

The report gives an exhaustive investigation of the Middle East Smart Electricity Meter market at country & regional levels, and provides an analysis of the industry trends in each of the regions, from sales, revenue, and consumption. It will help you to understand which region is dominating the market and is expected to grow significantly in the following years. The regional analysis will help you in strategizing the expansion of business.

What are the parameters used to analyze market position?

Middle East Smart Electricity Metermarket report has provided PESTEL and Porter analysis to provide insightful information regarding the market scenario. It also provides market attractiveness analysis with an acknowledgment of various factors within the market, including growth rate and market size, as well as outside factors such as access to raw materials, competition, and industry capacity.

How to order Full Report or Sample pages of the Middle East Smart Electricity Meter market?

The sample report for the Middle East Smart Electricity Meter Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.