스마트 미터 시장 : 유형별, 컴포넌트별, 기술별, 통신기술별, 최종 사용자별, 지역별 - 예측(-2031년)

The smart meter market is projected to grow from USD 31.60 billion in 2026 to USD 50.82 billion by 2031, at a CAGR of 10.0% during the forecast period.

Governments worldwide are undertaking several initiatives to meet future electricity demands and are focusing on reducing their carbon footprint by promoting the use of renewable energy sources to produce energy. Smart meters will play a crucial role in achieving these initiatives.

"Residential: The fastest-growing segment of the smart meter market, by end user "

In the smart water meter market, end user segmentation typically includes residential, commercial, and industrial, with the residential segment holding the largest share. Growth in residential deployments is driven by urbanization, water scarcity, and regulatory pressure for accurate measurement and loss reduction. Utilities prioritize residential rollout because cumulative meter counts deliver large volume savings in non-revenue water and enable time-of-use and leakage detection programs. Trends supporting adoption include subsidies and public-private partnerships, IoT-enabled low-power communication (NB IoT, LoRaWAN) tailored for dense housing, and smart city initiatives integrating water data with other municipal services. Consumer demand for real-time usage apps and tiered billing models increases acceptance. Challenges remain around legacy infrastructure integration and upfront capex, but declining hardware costs, longer battery life, and analytics-led demand forecasting sustain steady residential market expansion.

"Hardware: The dominant segment of the smart meter market, by component"

Based on component, the smart water meter market is split into hardware and software, with the hardware segment estimated to remain the larger segment. Hardware encompasses power systems, microcontrollers, and communication interfaces. These components perform core functions: accurate sensing, local processing, secure data buffering, and reliable transmission to head-end systems. Robust power design extends field life and enables frequent reporting; resilient MCU and firmware support edge analytics, tamper detection, and firmware-over-the-air updates; and diverse comms options ensure connectivity across urban and remote deployments. While CIS, MDMS, and billing platforms manage operations and analytics, the hardware's reliability and design determine long-term accuracy, maintenance cycles, and total cost of ownership for utilities.

"Europe is expected to be the second-largest regional market during the forecast period"

Europe is the frontrunner in smart meter implementation as it is expected to become the second-largest smart meter market globally during the forecast period. Western European countries such as France, Germany, Italy, Spain, and the UK are responsible for the expansion via government programs, legislative requirements, and utility contributions. Policy initiatives such as the European Green Deal and the Fit for 55 initiative aim to stimulate the process of modernization of the grids and increase energy efficiency in line with Europe's set goal to become climate neutral by 2050. The essential drivers of this innovation comprise high emission restriction limits, large-scale demand-side management projects, maximizing use of distributed energy resources, and allocation of funds for smart-grid technologies. Furthermore, the constant development of new technologies in communication (NB IoT, cellular IoT), standards of interoperability, and services aimed at consumers (variable pricing, energy management apps) help to speed up market growth.

In-depth interviews were conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%

By Designation: C-Level- 30%, Managers- 25%, and Others- 45%

By Region: North America- 30%, Europe- 20%, Asia Pacific- 25%, Middle East & Africa- 15%, and South America- 10%

Note: The tiers of the companies are defined based on their total revenues as of 2025. Tier 1: >USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million

Landis+Gyr (Switzerland), Itron Inc. (US), Sagemcom (France), Schneider Electric (France), OSAKI Electric Co., Ltd. (Japan), and Siemens (Germany) are some of the key players in the smart meter market. The study includes an in-depth competitive analysis of these key players, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report defines, describes, and forecasts the smart meter market by type, component, technology, communication technology, end user, and region. It offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the smart meter market.

Key Benefits of Buying the Report

• Analysis of key drivers, restraints, opportunities, and challenges influencing the growth of the smart meter market.
• Market Development: In March 2025, Siemens partnered with CPFL Energia to modernize approximately 1.6 million residential smart meters in Sao Paulo by 2029. The project deploys Siemens Gridscale X Meter Data Management (MDM) software to support smart meter data collection, improve grid reliability, and accelerate digitalization of Brazil's electricity distribution network.
• Product Innovation/ Development: The smart meter market is rapidly advancing with IoT, AI, and cloud-native platforms enabling real-time monitoring, automated billing, and faster leak detection. Edge analytics and machine learning improve anomaly detection and support predictive maintenance, reducing downtime and non-revenue water. Connectivity advances-NB-IoT, LTE-M, LoRaWAN, and private LTE/5G-extend reliable reach in dense urban and remote areas. Sensor improvements raise measurement accuracy and support multi-parameter monitoring (flow, pressure, quality). Concurrently, focus on sustainability yields longer-life batteries, energy-harvesting options, and lower-power firmware. Cybersecurity, interoperability standards, and OTA firmware management are now core requirements as utilities digitize. Together, these innovations increase operational efficiency, lower total cost of ownership, and enable water utilities and smart-city platforms to deliver more resilient, consumer-centric services.
• Market Diversification: In March 2024, Aclara partnered with Utilidata to integrate their distributed AI platform into Aclara's smart meters. This collaboration is intended to enhance grid operations and improve the management of water resources through advanced analytics and real-time data processing.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Landis+Gyr (Switzerland), Itron Inc. (US), Sagemcom (France), OSAKI Electric Co., Ltd. (Singapore), Siemens (Germany), Badger Meter, Inc. (US), Sensus (Xylem) (US), Honeywell International Inc. (US), Aclara (Hubbell) (US), Kamstrup (Denmark), and Wasion Holdings International (China), among others, in the smart meter market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 MARKET SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 YEARS CONSIDERED
  • 1.3.3 INCLUSIONS AND EXCLUSIONS
• 1.4 CURRENCY CONSIDERED
• 1.5 UNIT CONSIDERED
• 1.6 LIMITATIONS
• 1.7 STAKEHOLDERS
• 1.8 SUMMARY OF CHANGES

2 EXECUTIVE SUMMARY

• 2.1 MARKET HIGHLIGHTS AND KEY INSIGHTS
• 2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS
• 2.3 DISRUPTIVE TRENDS IN SMART METER MARKET
• 2.4 HIGH-GROWTH SEGMENTS
• 2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST

3 PREMIUM INSIGHTS

• 3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART METER MARKET
• 3.2 SMART METER MARKET, BY TYPE AND REGION
• 3.3 SMART METER MARKET, BY TECHNOLOGY
• 3.4 SMART METER MARKET, BY COMMUNICATION TECHNOLOGY
• 3.5 SMART METER MARKET, BY COMPONENT
• 3.6 SMART METER MARKET, BY END USER
• 3.7 SMART METER MARKET, BY COUNTRY

4 MARKET OVERVIEW

• 4.1 INTRODUCTION
• 4.2 MARKET DYNAMICS
  • 4.2.1 DRIVERS
    • 4.2.1.1 Government-led digitalization and utility modernization programs
    • 4.2.1.2 Increasing utility investments in smart grid modernization and digital infrastructure
  • 4.2.2 RESTRAINTS
    • 4.2.2.1 High capital requirement and interoperability issues due to lack of universal standards
    • 4.2.2.2 Data privacy and cybersecurity concerns
  • 4.2.3 OPPORTUNITIES
    • 4.2.3.1 Emergence of AMI 2.0 solutions
    • 4.2.3.2 Adoption of IoT, AI, and cloud computing technologies in utility management
  • 4.2.4 CHALLENGES
    • 4.2.4.1 Difficulties in managing large volumes of data generated by smart meters
• 4.3 UNMET NEEDS AND WHITE SPACES
• 4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
  • 4.4.1 INTERCONNECTED MARKETS
  • 4.4.2 CROSS-SECTOR OPPORTUNITIES

5 INDUSTRY TRENDS

• 5.1 PORTER'S FIVE FORCES ANALYSIS
  • 5.1.1 THREAT OF NEW ENTRANTS
  • 5.1.2 BARGAINING POWER OF SUPPLIERS
  • 5.1.3 BARGAINING POWER OF BUYERS
  • 5.1.4 THREAT OF SUBSTITUTES
  • 5.1.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.2 MACROECONOMIC OUTLOOK
  • 5.2.1 INTRODUCTION
  • 5.2.2 GDP TRENDS AND FORECAST
  • 5.2.3 TRENDS IN GLOBAL SMART METER INDUSTRY
• 5.3 VALUE CHAIN ANALYSIS
• 5.4 ECOSYSTEM ANALYSIS
• 5.5 PRICING ANALYSIS
  • 5.5.1 PRICING RANGE OF SMART METERS, BY TYPE, 2025
  • 5.5.2 AVERAGE SELLING PRICE TREND OF SMART METERS, BY REGION, 2022-2025
• 5.6 TRADE ANALYSIS
  • 5.6.1 IMPORT SCENARIO (HS CODE 9028)
  • 5.6.2 EXPORT SCENARIO (HS CODE 9028)
• 5.7 KEY CONFERENCES AND EVENTS, 2026-2027
• 5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.9 INVESTMENT AND FUNDING SCENARIO
• 5.10 CASE STUDY ANALYSIS
• 5.11 IMPACT OF US TARIFFS - SMART METER MARKET
  • 5.11.1 INTRODUCTION
  • 5.11.2 KEY TARIFF RATES
  • 5.11.3 PRICE IMPACT ANALYSIS
  • 5.11.4 IMPACT ON REGIONS
    • 5.11.4.1 North America
    • 5.11.4.2 Europe
    • 5.11.4.3 Asia Pacific
    • 5.11.4.4 South America
    • 5.11.4.5 Middle East & Africa
  • 5.11.5 IMPACT ON END USERS

6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS

• 6.1 EMERGING TECHNOLOGIES
  • 6.1.1 ADVANCED METERING INFRASTRUCTURE (AMI)
  • 6.1.2 INTERNET OF THINGS (IOT)
• 6.2 COMPLEMENTARY TECHNOLOGIES
  • 6.2.1 SMART GRID INFRASTRUCTURE
  • 6.2.2 METER DATA MANAGEMENT SYSTEM (MDMS)
• 6.3 TECHNOLOGY/PRODUCT ROADMAP
• 6.4 PATENT ANALYSIS
• 6.5 FUTURE APPLICATIONS
• 6.6 IMPACT OF AI/GEN AI ON SMART METER MARKET
  • 6.6.1 TOP USE CASES AND MARKET POTENTIAL
  • 6.6.2 BEST PRACTICES FOLLOWED BY MANUFACTURERS/OEMS IN SMART METER MARKET
  • 6.6.3 CASE STUDIES OF AI/GEN AI IMPLEMENTATION IN SMART METER MARKET
  • 6.6.4 INTERCONNECTED/ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
  • 6.6.5 CLIENTS' READINESS TO ADOPT AI/GEN AI IN SMART METER MARKET

7 REGULATORY LANDSCAPE

• 7.1 REGIONAL REGULATIONS AND COMPLIANCE
  • 7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 7.1.2 INDUSTRY STANDARDS

8 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR

• 8.1 DECISION-MAKING PROCESS
• 8.2 KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND THEIR EVALUATION CRITERIA
  • 8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 8.2.2 BUYING CRITERIA
• 8.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES
• 8.4 UNMET NEEDS OF VARIOUS END USERS

9 SMART METER MARKET, BY TYPE

• 9.1 INTRODUCTION
• 9.2 ELECTRIC
  • 9.2.1 GROWING FOCUS ON ENERGY EFFICIENCY, GRID MODERNIZATION, AND COST OPTIMIZATION TO ACCELERATE ELECTRIC SMART METER ADOPTION
• 9.3 GAS
  • 9.3.1 REMOTE MONITORING CAPABILITIES AND ENHANCED SAFETY BENEFITS TO ENCOURAGE SMART GAS METER DEPLOYMENT
• 9.4 WATER
  • 9.4.1 PRESSING NEED TO MODERNIZE AGING WATER INFRASTRUCTURE TO FACILITATE SMART WATER METER IMPLEMENTATION

10 SMART METER MARKET, BY COMPONENT

• 10.1 INTRODUCTION
• 10.2 HARDWARE
  • 10.2.1 POWER SYSTEMS
    • 10.2.1.1 Strong focus on improving grid resilience to fuel segmental growth
  • 10.2.2 MICROCONTROLLERS
    • 10.2.2.1 Potential to enhance meter intelligence through AI/IoT to foster segmental growth
  • 10.2.3 COMMUNICATION INTERFACES
    • 10.2.3.1 Increasing adoption of wireless protocols to connect networks within grids to augment segmental growth
• 10.3 SOFTWARE
  • 10.3.1 CUSTOMER INFORMATION SYSTEM (CIS)
    • 10.3.1.1 Rising adoption of advanced analytics for comprehensive understanding of operations to foster segmental growth
  • 10.3.2 METER DATA MANAGEMENT SYSTEM (MDMS)
    • 10.3.2.1 Increasing adoption of cloud-based utility platforms to contribute to market growth
  • 10.3.3 METERING & BILLING SOFTWARE
    • 10.3.3.1 Rising use of automated billing solutions to accelerate segmental growth

11 SMART METER MARKET, BY TECHNOLOGY

• 11.1 INTRODUCTION
• 11.2 ADVANCED METERING INFRASTRUCTURE (AMI)
  • 11.2.1 DEPLOYMENT OF AMI 2.0 FOR RESILIENT AND DECARBONIZED ELECTRICITY NETWORK TO CREATE LUCRATIVE OPPORTUNITIES
• 11.3 AUTOMATIC METER READING (AMR)
  • 11.3.1 FOCUS ON COST SAVINGS AND ACCURATE UTILITY BILLING TO BOOST AMR TECHNOLOGY ADOPTION

12 SMART METER MARKET, BY COMMUNICATION TECHNOLOGY

• 12.1 INTRODUCTION
• 12.2 RADIO FREQUENCY (RF)
  • 12.2.1 LOW POWER CONSUMPTION, LONG-RANGE CONNECTIVITY, AND COST-EFFECTIVENESS FEATURES TO DRIVE ADOPTION
• 12.3 POWER LINE COMMUNICATION (PLC)
  • 12.3.1 COMPATIBILITY WITH EXISTING POWER GRID INFRASTRUCTURE TO BOOST DEMAND
• 12.4 CELLULAR
  • 12.4.1 EXPANDING CELLULAR NETWORK COVERAGE AND 5G ROLLOUT TO CREATE GROWTH OPPORTUNITIES

13 SMART METER MARKET, BY END USER

• 13.1 INTRODUCTION
• 13.2 RESIDENTIAL
  • 13.2.1 REQUIREMENT FOR EFFICIENT HOUSEHOLD ENERGY MANAGEMENT SOLUTIONS TO FOSTER MARKET GROWTH
• 13.3 COMMERCIAL
  • 13.3.1 DEMAND FOR REAL-TIME ENERGY MONITORING AND ELECTRICITY USAGE OPTIMIZATION TO PROMOTE SMART METER ADOPTION
• 13.4 INDUSTRIAL
  • 13.4.1 FOCUS ON ENERGY CONSERVATION AND CARBON REDUCTION INITIATIVES TO REINFORCE SMART METER DEPLOYMENT

14 SMART METER MARKET, BY REGION

• 14.1 INTRODUCTION
• 14.2 NORTH AMERICA
  • 14.2.1 US
    • 14.2.1.1 Increasing investment in AMI 2.0 upgrades by utilities to accelerate market growth
  • 14.2.2 CANADA
    • 14.2.2.1 Growing focus on improving grid resilience and digital infrastructure to support market growth
  • 14.2.3 MEXICO
    • 14.2.3.1 Rising concerns over water scarcity and leakage issues to encourage smart meter adoption
• 14.3 ASIA PACIFIC
  • 14.3.1 CHINA
    • 14.3.1.1 Expansion of electric vehicle market to spike smart meter demand
  • 14.3.2 AUSTRALIA
    • 14.3.2.1 High adoption of rooftop solar panels and residential battery storage solutions to drive market
  • 14.3.3 JAPAN
    • 14.3.3.1 Continued investments in digital distribution networks and advanced grid management technologies to propel market
  • 14.3.4 INDIA
    • 14.3.4.1 Growing focus on improving billing efficiency and reducing power theft to promote smart meter deployment
  • 14.3.5 SOUTH KOREA
    • 14.3.5.1 Government support for digital infrastructure and smart city development to foster market growth
  • 14.3.6 REST OF ASIA PACIFIC
• 14.4 EUROPE
  • 14.4.1 GERMANY
    • 14.4.1.1 Constant focus on clean energy and power sector digitalization to contribute to market growth
  • 14.4.2 FRANCE
    • 14.4.2.1 Greater emphasis on improving water network efficiency and reducing leakage to reinforce market growth
  • 14.4.3 ITALY
    • 14.4.3.1 Increasing adoption of digital grid technologies for enhancing network efficiency to boost smart meter deployment
  • 14.4.4 UK
    • 14.4.4.1 Rising consumer demand for real-time energy consumption insights to drive market
  • 14.4.5 SPAIN
    • 14.4.5.1 Increasing focus on enhancing energy efficiency and promoting electrification to support market growth
  • 14.4.6 POLAND
    • 14.4.6.1 Government-backed grid digitalization initiatives to spur smart meter demand
  • 14.4.7 REST OF EUROPE
• 14.5 SOUTH AMERICA
  • 14.5.1 BRAZIL
    • 14.5.1.1 Growing adoption of distributed solar generation and time-of-use tariffs to drive smart meter implementation
  • 14.5.2 ARGENTINA
    • 14.5.2.1 Digital grid initiatives to create growth opportunities
  • 14.5.3 CHILE
    • 14.5.3.1 Rapid advances in renewable energy sector to facilitate smart meter demand
  • 14.5.4 REST OF SOUTH AMERICA
• 14.6 MIDDLE EAST & AFRICA
  • 14.6.1 GCC
    • 14.6.1.1 Saudi Arabia
      • 14.6.1.1.1 Long-term energy transition through Vision 2030 initiatives to reinforce market growth
    • 14.6.1.2 UAE
      • 14.6.1.2.1 Rising investments in clean energy and grid modernization to accelerate market growth
    • 14.6.1.3 Qatar
      • 14.6.1.3.1 Grid modernization, smart city development, and utility digitalization initiatives to support market growth
  • 14.6.2 ISRAEL
    • 14.6.2.1 Expanding digital grid modernization initiatives to accelerate smart meter deployment
  • 14.6.3 SOUTH AFRICA
    • 14.6.3.1 Rollout of smart prepaid electricity meters under infrastructure modernization program to drive market
  • 14.6.4 EGYPT
    • 14.6.4.1 Strong focus on building more flexible and resilient electricity network to fuel market growth
  • 14.6.5 TURKEY
    • 14.6.5.1 Increasing renewable energy investments to support market growth
  • 14.6.6 REST OF MIDDLE EAST & AFRICA

15 COMPETITIVE LANDSCAPE

• 15.1 OVERVIEW
• 15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022-2026
• 15.3 REVENUE ANALYSIS, 2021-2025
• 15.4 MARKET SHARE ANALYSIS, 2025
• 15.5 COMPANY VALUATION AND FINANCIAL METRICS
• 15.6 BRAND COMPARISON
• 15.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025
  • 15.7.1 STARS
  • 15.7.2 EMERGING LEADERS
  • 15.7.3 PERVASIVE PLAYERS
  • 15.7.4 PARTICIPANTS
  • 15.7.5 COMPANY FOOTPRINT, KEY PLAYERS, 2025
    • 15.7.5.1 Company footprint
    • 15.7.5.2 Region footprint
    • 15.7.5.3 Component footprint
    • 15.7.5.4 Type footprint
    • 15.7.5.5 End user footprint
• 15.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025
  • 15.8.1 PROGRESSIVE COMPANIES
  • 15.8.2 RESPONSIVE COMPANIES
  • 15.8.3 DYNAMIC COMPANIES
  • 15.8.4 STARTING BLOCKS
  • 15.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2025
    • 15.8.5.1 Detailed list of key startups/SMEs
    • 15.8.5.2 Competitive benchmarking of key startups/SMEs
• 15.9 COMPETITIVE SCENARIO
  • 15.9.1 PRODUCT LAUNCHES
  • 15.9.2 DEALS
  • 15.9.3 EXPANSIONS
  • 15.9.4 OTHER DEVELOPMENTS

16 COMPANY PROFILES

• 16.1 KEY PLAYERS
  • 16.1.1 ITRON INC.
    • 16.1.1.1 Business overview
    • 16.1.1.2 Products/Services/Solutions offered
    • 16.1.1.3 Recent developments
      • 16.1.1.3.1 Product launches
      • 16.1.1.3.2 Deals
      • 16.1.1.3.3 Expansions
      • 16.1.1.3.4 Other developments
    • 16.1.1.4 MnM view
      • 16.1.1.4.1 Key strengths/Right to win
      • 16.1.1.4.2 Strategic choices
      • 16.1.1.4.3 Weaknesses/Competitive threats
  • 16.1.2 LANDIS+GYR
    • 16.1.2.1 Business overview
    • 16.1.2.2 Products/Services/Solutions offered
    • 16.1.2.3 Recent developments
      • 16.1.2.3.1 Product launches
      • 16.1.2.3.2 Deals
      • 16.1.2.3.3 Other developments
    • 16.1.2.4 MnM view
      • 16.1.2.4.1 Key strengths/Right to win
      • 16.1.2.4.2 Strategic choices
      • 16.1.2.4.3 Weaknesses/Competitive threats
  • 16.1.3 SCHNEIDER ELECTRIC
    • 16.1.3.1 Business overview
    • 16.1.3.2 Products/Services/Solutions offered
    • 16.1.3.3 Recent developments
      • 16.1.3.3.1 Deals
      • 16.1.3.3.2 Other developments
  • 16.1.4 SAGEMCOM
    • 16.1.4.1 Business overview
    • 16.1.4.2 Products/Services/Solutions offered
    • 16.1.4.3 Recent developments
      • 16.1.4.3.1 Product launches
      • 16.1.4.3.2 Deals
      • 16.1.4.3.3 Other developments
    • 16.1.4.4 MnM view
      • 16.1.4.4.1 Key strengths/Right to win
      • 16.1.4.4.2 Strategic choices
      • 16.1.4.4.3 Weaknesses/Competitive threats
  • 16.1.5 SIEMENS
    • 16.1.5.1 Business overview
    • 16.1.5.2 Products/Services/Solutions offered
    • 16.1.5.3 Recent developments
      • 16.1.5.3.1 Deals
    • 16.1.5.4 MnM view
      • 16.1.5.4.1 Key strengths/Right to win
      • 16.1.5.4.2 Strategic choices
      • 16.1.5.4.3 Weaknesses/Competitive threats
  • 16.1.6 OSAKI ELECTRIC CO., LTD. (EDMI)
    • 16.1.6.1 Business overview
    • 16.1.6.2 Products/Services/Solutions offered
    • 16.1.6.3 Recent developments
      • 16.1.6.3.1 Product launches
      • 16.1.6.3.2 Deals
      • 16.1.6.3.3 Other developments
  • 16.1.7 WASION HOLDINGS INTERNATIONAL
    • 16.1.7.1 Business overview
    • 16.1.7.2 Products/Services/Solutions offered
    • 16.1.7.3 Recent developments
      • 16.1.7.3.1 Product launches
      • 16.1.7.3.2 Deals
      • 16.1.7.3.3 Other developments
  • 16.1.8 BADGER METER, INC.
    • 16.1.8.1 Business overview
    • 16.1.8.2 Products/Services/Solutions offered
    • 16.1.8.3 Recent developments
      • 16.1.8.3.1 Product launches
      • 16.1.8.3.2 Deals
  • 16.1.9 SENSUS (XYLEM)
    • 16.1.9.1 Business overview
    • 16.1.9.2 Products/Services/Solutions offered
    • 16.1.9.3 Recent developments
      • 16.1.9.3.1 Product launches
      • 16.1.9.3.2 Deals
      • 16.1.9.3.3 Other developments
  • 16.1.10 HONEYWELL INTERNATIONAL INC.
    • 16.1.10.1 Business overview
    • 16.1.10.2 Products/Services/Solutions offered
    • 16.1.10.3 Recent developments
      • 16.1.10.3.1 Product launches
      • 16.1.10.3.2 Deals
      • 16.1.10.3.3 Other developments
  • 16.1.11 KAMSTRUP A/S
    • 16.1.11.1 Business overview
    • 16.1.11.2 Products/Services/Solutions offered
    • 16.1.11.3 Recent developments
      • 16.1.11.3.1 Deals
      • 16.1.11.3.2 Expansions
  • 16.1.12 GENUS
    • 16.1.12.1 Business overview
    • 16.1.12.2 Products/Services/Solutions offered
    • 16.1.12.3 Recent developments
      • 16.1.12.3.1 Product launches
      • 16.1.12.3.2 Deals
      • 16.1.12.3.3 Expansions
      • 16.1.12.3.4 Other developments
  • 16.1.13 ACLARA
    • 16.1.13.1 Business overview
    • 16.1.13.2 Products/Services/Solutions offered
    • 16.1.13.3 Recent developments
      • 16.1.13.3.1 Product launches
      • 16.1.13.3.2 Deals
  • 16.1.14 HEXING ELECTRICAL CO., LTD.
    • 16.1.14.1 Business overview
    • 16.1.14.2 Products/Services/Solutions offered
    • 16.1.14.3 Recent developments
      • 16.1.14.3.1 Product launches
      • 16.1.14.3.2 Deals
      • 16.1.14.3.3 Other developments
  • 16.1.15 JIANGSU LINYANG ENERGY CO., LTD.
    • 16.1.15.1 Business overview
    • 16.1.15.2 Products/Services/Solutions offered
    • 16.1.15.3 Recent developments
      • 16.1.15.3.1 Product launches
      • 16.1.15.3.2 Deals
      • 16.1.15.3.3 Other developments
• 16.2 OTHER PLAYERS
  • 16.2.1 NETWORKED ENERGY SERVICES
  • 16.2.2 ISKRAEMECO GROUP
  • 16.2.3 EDMP GROUP
  • 16.2.4 WEGOT UTILITY SOLUTIONS PVT LTD.
  • 16.2.5 HOLLEY TECHNOLOGY LTD.
  • 16.2.6 SECURE METERS LTD.
  • 16.2.7 HPL
  • 16.2.8 CLOU ELECTRONICS CO., LTD.
  • 16.2.9 ZHEJIANG CHINT INSTRUMENT & METER CO., LTD.
  • 16.2.10 FLONIDAN A/S
  • 16.2.11 PIETRO FIORENTINI S.P.A.

17 RESEARCH METHODOLOGY

• 17.1 RESEARCH DATA
• 17.2 SECONDARY AND PRIMARY RESEARCH
  • 17.2.1 SECONDARY DATA
    • 17.2.1.1 List of key secondary sources
    • 17.2.1.2 Key data from secondary sources
  • 17.2.2 PRIMARY DATA
    • 17.2.2.1 List of primary interview participants
    • 17.2.2.2 Key industry insights
    • 17.2.2.3 Breakdown of primaries
    • 17.2.2.4 Key data from primary sources
• 17.3 MARKET SIZE ESTIMATION
  • 17.3.1 BOTTOM-UP APPROACH
  • 17.3.2 TOP-DOWN APPROACH
• 17.4 MARKET FORECAST APPROACH
  • 17.4.1 DEMAND-SIDE
    • 17.4.1.1 Demand-side calculations
  • 17.4.2 SUPPLY-SIDE
    • 17.4.2.1 Supply-side assumptions
    • 17.4.2.2 Supply-side calculations
• 17.5 DATA TRIANGULATION
• 17.6 RESEARCH LIMITATIONS
• 17.7 RISK ANALYSIS

18 APPENDIX

• 18.1 INSIGHTS FROM INDUSTRY EXPERTS
• 18.2 DISCUSSION GUIDE
• 18.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL