Global Industrial Smart Meters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

A smart meter is an Internet-capable device that measures energy, water or natural gas consumption of a building, home, plants, etc.
Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Energy companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.
The smart meter acts as the network termination point, an ingress router between the utilityﾒs network and the building it is monitoring. When connected to a building automation system, a smart meter will allow the building administrator to control based on real-time energy costs. 
A smart meter is one component of a smart grid, an approach to managing energy distribution and consumption that uses Internet technologies to create bi-directional communication, coordination and control.
According to our (Global Info Research) latest study, the global Industrial Smart Meters market size was valued at USD 125.2 million in 2022 and is forecast to a readjusted size of USD 376.6 million by 2029 with a CAGR of 17.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Globally, the Industrial Smart Meters industry market is low concentrated as the manufacturing technology of Industrial Smart Meters is relatively matures than some high-tech equipment. And some enterprises, like Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, etc. are well-known for the wonderful performance of their Industrial Smart Meters and related services, with about 14% market shares. At the same time, China, occupied 70% production market share, is remarkable in the global Industrial Smart Meters industry.
This report is a detailed and comprehensive analysis for global Industrial Smart Meters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Industrial Smart Meters market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Industrial Smart Meters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Industrial Smart Meters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Industrial Smart Meters market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial Smart Meters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial Smart Meters market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Landis+Gyr, Itron, Siemens, Kamstrup and Elster Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Industrial Smart Meters market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Industrial Smart Gas Meter
    Industrial Smart Water Meter
    Industrial Smart Electric Meter
Market segment by Application
    Heavy Industry
    Light Industry
Major players covered
    Landis+Gyr
    Itron
    Siemens
    Kamstrup
    Elster Group
    Nuri Telecom
    Sagemcom
    Iskraemeco
    ZIV
    Sanxing
    Linyang Electronics
    Wasion Group
    Haixing Electrical
    XJ Measurement & Control Meter
    Chintim Instruments
    Clou Electronics
    Holley Metering
    HND Electronics
    Longi
    Banner
    Sunrise
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Smart Meters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Smart Meters, with price, sales, revenue and global market share of Industrial Smart Meters from 2018 to 2023.
Chapter 3, the Industrial Smart Meters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Smart Meters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Industrial Smart Meters market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Smart Meters.
Chapter 14 and 15, to describe Industrial Smart Meters sales channel, distributors, customers, research findings and conclusion.