Smart Meters Market Size, Share, and Trends 2025 to 2034

Smart Meters Market (By Product: Electricity Meter, Gas Meter, Water Meter; By End Use: Residential, Commercial, Industrial; By Component: Hardware, Software; By Technology: AMI, AMR; By Communication: RF, PLC, Cellular) - Global Industry Analysis, Size, Trends, Leading Companies, Regional Outlook, and Forecast 2025 to 2034

Last Updated : 02 Dec 2025  |  Report Code : 1687  |  Category : Semiconductor and Electronic   |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Meters Market 

5.1. COVID-19 Landscape: Smart Meters Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Meters Market, By Product

8.1. Smart Meters Market, by Product

8.1.1. Electricity Meter

8.1.1.1. Market Revenue and Forecast

8.1.2. Gas Meter

8.1.2.1. Market Revenue and Forecast

8.1.3. Water Meter

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Smart Meters Market, By End Use

9.1. Smart Meters Market, by End Use

9.1.1. Residential

9.1.1.1. Market Revenue and Forecast

9.1.2 Commercial

9.1.2.1. Market Revenue and Forecast

9.1.3. Industrial

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Smart Meters Market, By Component 

10.1. Smart Meters Market, by Component

10.1.1. Hardware

10.1.1.1. Market Revenue and Forecast

10.1.2. Software

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Smart Meters Market, By Technology

11.1. Smart Meters Market, by Technology

11.1.1. AMI

11.1.1.1. Market Revenue and Forecast

11.1.2. AMR

11.1.2.1. Market Revenue and Forecast

Chapter 12. Global Smart Meters Market, By Communication

12.1. Smart Meters Market, by Communication

12.1.1. RF

12.1.1.1. Market Revenue and Forecast

12.1.2. PLC

12.1.2.1. Market Revenue and Forecast

12.1.3. Cellular

12.1.3.1. Market Revenue and Forecast

Chapter 13. Global Smart Meters Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Product

13.1.2. Market Revenue and Forecast, by End Use

13.1.3. Market Revenue and Forecast, by Component

13.1.4. Market Revenue and Forecast, by Technology

13.1.5. Market Revenue and Forecast, by Communication

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Product

13.1.6.2. Market Revenue and Forecast, by End Use

13.1.6.3. Market Revenue and Forecast, by Component

13.1.6.4. Market Revenue and Forecast, by Technology

13.1.7. Market Revenue and Forecast, by Communication  

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Product

13.1.8.2. Market Revenue and Forecast, by End Use

13.1.8.3. Market Revenue and Forecast, by Component

13.1.8.4. Market Revenue and Forecast, by Technology

13.1.8.5. Market Revenue and Forecast, by Communication

13.2. Europe

13.2.1. Market Revenue and Forecast, by Product

13.2.2. Market Revenue and Forecast, by End Use

13.2.3. Market Revenue and Forecast, by Component

13.2.4. Market Revenue and Forecast, by Technology  

13.2.5. Market Revenue and Forecast, by Communication  

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Product

13.2.6.2. Market Revenue and Forecast, by End Use

13.2.6.3. Market Revenue and Forecast, by Component

13.2.7. Market Revenue and Forecast, by Technology  

13.2.8. Market Revenue and Forecast, by Communication  

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Product

13.2.9.2. Market Revenue and Forecast, by End Use

13.2.9.3. Market Revenue and Forecast, by Component

13.2.10. Market Revenue and Forecast, by Technology

13.2.11. Market Revenue and Forecast, by Communication

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Product

13.2.12.2. Market Revenue and Forecast, by End Use

13.2.12.3. Market Revenue and Forecast, by Component

13.2.12.4. Market Revenue and Forecast, by Technology

13.2.13. Market Revenue and Forecast, by Communication

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Product

13.2.14.2. Market Revenue and Forecast, by End Use

13.2.14.3. Market Revenue and Forecast, by Component

13.2.14.4. Market Revenue and Forecast, by Technology

13.2.15. Market Revenue and Forecast, by Communication

13.3. APAC

13.3.1. Market Revenue and Forecast, by Product

13.3.2. Market Revenue and Forecast, by End Use

13.3.3. Market Revenue and Forecast, by Component

13.3.4. Market Revenue and Forecast, by Technology

13.3.5. Market Revenue and Forecast, by Communication

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Product

13.3.6.2. Market Revenue and Forecast, by End Use

13.3.6.3. Market Revenue and Forecast, by Component

13.3.6.4. Market Revenue and Forecast, by Technology

13.3.7. Market Revenue and Forecast, by Communication

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Product

13.3.8.2. Market Revenue and Forecast, by End Use

13.3.8.3. Market Revenue and Forecast, by Component

13.3.8.4. Market Revenue and Forecast, by Technology

13.3.9. Market Revenue and Forecast, by Communication

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Product

13.3.10.2. Market Revenue and Forecast, by End Use

13.3.10.3. Market Revenue and Forecast, by Component

13.3.10.4. Market Revenue and Forecast, by Technology

13.3.10.5. Market Revenue and Forecast, by Communication

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Product

13.3.11.2. Market Revenue and Forecast, by End Use

13.3.11.3. Market Revenue and Forecast, by Component

13.3.11.4. Market Revenue and Forecast, by Technology

13.3.11.5. Market Revenue and Forecast, by Communication

13.4. MEA

13.4.1. Market Revenue and Forecast, by Product

13.4.2. Market Revenue and Forecast, by End Use

13.4.3. Market Revenue and Forecast, by Component

13.4.4. Market Revenue and Forecast, by Technology

13.4.5. Market Revenue and Forecast, by Communication

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Product

13.4.6.2. Market Revenue and Forecast, by End Use

13.4.6.3. Market Revenue and Forecast, by Component

13.4.6.4. Market Revenue and Forecast, by Technology

13.4.7. Market Revenue and Forecast, by Communication

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Product

13.4.8.2. Market Revenue and Forecast, by End Use

13.4.8.3. Market Revenue and Forecast, by Component

13.4.8.4. Market Revenue and Forecast, by Technology

13.4.9. Market Revenue and Forecast, by Communication

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Product

13.4.10.2. Market Revenue and Forecast, by End Use

13.4.10.3. Market Revenue and Forecast, by Component

13.4.10.4. Market Revenue and Forecast, by Technology

13.4.10.5. Market Revenue and Forecast, by Communication

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Product

13.4.11.2. Market Revenue and Forecast, by End Use

13.4.11.3. Market Revenue and Forecast, by Component

13.4.11.4. Market Revenue and Forecast, by Technology

13.4.11.5. Market Revenue and Forecast, by Communication

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Product

13.5.2. Market Revenue and Forecast, by End Use

13.5.3. Market Revenue and Forecast, by Component

13.5.4. Market Revenue and Forecast, by Technology

13.5.5. Market Revenue and Forecast, by Communication

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Product

13.5.6.2. Market Revenue and Forecast, by End Use

13.5.6.3. Market Revenue and Forecast, by Component

13.5.6.4. Market Revenue and Forecast, by Technology

13.5.7. Market Revenue and Forecast, by Communication

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Product

13.5.8.2. Market Revenue and Forecast, by End Use

13.5.8.3. Market Revenue and Forecast, by Component

13.5.8.4. Market Revenue and Forecast, by Technology

13.5.8.5. Market Revenue and Forecast, by Communication

Chapter 14. Company Profiles

14.1. Neptune Technology Group Inc.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Honeywell International Inc.

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Siemens AG

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Kaifa Technology

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Suntront Technology

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Wasion Group

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Aichi Tokei Denkei

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Badger Meter

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Sensus

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms 

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Frequently Asked Questions

The global smart meters market size is evaluated at USD 35.63 billion in 2025 and it is anticipated to rake USD 79.97 billion by 2034.

The global smart meters market is expected to grow at a CAGR of 9.4% from 2025 to 2034.

The major players operating in the smart meters market are Holley Metering Limited, Neptune Technology Group Inc., Honeywell International Inc., Siemens AG, Kaifa Technology, Suntront Technology, Wasion Group, Aichi Tokei Denkei, Badger Meter and Sensus

The growing demand for smart electricity meters is driving the growth of global smart meters market.

Europe region is expected to develop at the fastest rate during the forecast period.

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