U.S. Smart Meter Market by Product (Smart Electricity Meter, Smart Gas Meter, and Smart Water Meter), Service (Installation and Repair & Maintenance), and Connectivity (Power Line Communication, Cellular Communication, and Radio Frequency): Opportunity Analysis and Industry Forecast, 2020–2027

Pages: 160
Aug 2020 | 687 Views
Author(s) : Abhi Paliwal
Tables: NA
Charts: NA


Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the U.s. Smart Meter Market

Request Now !

The U.S. smart meter market size was valued at $3,731.6 million in 2019, and is projected to reach $7,693.6 million by 2027, growing at a CAGR of 10.5% from 2020 to 2027. Smart Meters are devices for accurately monitoring gas and electricity meter usage that can send usage information via radiofrequency electromagnetic radiation (RF) which helps the utility company to effectively manage the energy usage. Smart meters offer a host of benefits such as reduction of meter reading cost, removing inefficiencies in billing, preventing disconnection and re-connection costs to corporations and consumers. 

Favorable government policies along with fiscal incentives is a key factor driving the smart meters market. Furthermore, large scale deployment of smart grid and the utility companies focusing on enhancing distribution efficiency are other factors boosting the market growth. High installation cost of smart meters borne by end-users is a factor hampering the growth of the smart meters. Various grid operators trying to effectively managing the demand for power offer ample growth opportunities for the smart meters to grow. Creating awareness among consumers along with bringing interoperability is a key market challenge that needs to overcome by key market players to gain a stronghold in the market. Furthermore, improper installation of smart meters is a major market challenge.

The report segments the U.S. smart meters market on the basis of product, service and connectivity. On the basis of product, the market is segmented into smart electricity meters, smart water meters and smart gas meters. On the basis of service, the market is segmented into installation service and repair & maintenance service On the basis of connectivity, the market is segmented into power line communication, cellular communication and radio frequency.

The market is poised to grow at a significant rate in the North America driven by the huge market demand in the U.S. The country is focusing on upgrading and replacing outdated infrastructure, enabling grid reliability, and installing smarter power networks. The factors responsible for the market demand in North America is conducive government initiatives, consisting of proper allocation of funds and making smart meters mandatory in many states such as Texas and California.

Key market players extensively profiled in the report include Elster Group, Itron Inc., Landis+Gyr, Schneider Electric SA, Siemens AG, Badger Meter , ICSA India Limited, Circuator SA , EDMI, Holley Metering Limited , Neptune Technology Group Inc., Sensus, and Honeywell International Inc.

Key Benefits For Stakeholders:

  • The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the market across the globe.
  • The report offers an extensive analysis of smart meter mandates by government in different countries and its impact on their installation in these countries.
  • The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
  • This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
  • The report analyses the top impacting factors in detail and offers adoption rate analysis of the market on the basis of different segment across different countries.
  • Porters Five Forces analysis is offered in the report along with highlighting bargaining power of buyers and suppliers.
  • The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
  • The report offers information on the status of new projects along with offering investment feasibility analysis of the same.

Smart Meters Market Key Segments:

  • Smart Meters Market By Product
  • Smart Electric Meters
  • Smart Water Meters
  • Smart Gas Meters

Smart Meters Market By Service

  • Installation Service
  • Repair & Maintenance Service

Smart Meters Market By Connectivity

  • Power Line Communication
  • Cellular Communication
  • Radio Frequency

Key Players

  • Elster Group
  • Itron Inc.
  • Landis+Gyr
  • Schneider Electric SA
  • Siemens AG
  • Badger Meter
  • ICSA India Limited
  • Circuator SA
  • EDMI
  • Holley Metering Limited
  • Neptune Technology Group Inc.
  • Sensus
  • Honeywell International Inc.

Chapter 1:Introduction

1.1.Report description
1.2.Key market segments
1.3.Key benefits for stakeholders
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

Chapter 2:Executive summary


3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Top Winning Strategies
3.4.Porter’s five forces analysis
3.5.Market dynamics

Chapter 4:U.S. SMART METER Market, BY Product 


4.1.1.Market size and forecast

4.2.Smart Electricity Meter 

4.2.1.Key market trends, growth factors and opportunities

4.3.Smart Gas Meter 

4.3.1.Key market trends, growth factors and opportunities

4.4.Smart Water Meter 

4.4.1.Key market trends, growth factors and opportunities

Chapter 5:U.S. SMART METER Market, BY Service 


5.1.1.Market size and forecast


5.2.1.Key market trends, growth factors and opportunities

5.3.Repair & Maintainence 

5.3.1.Key market trends, growth factors and opportunities

Chapter 6:U.S. SMART METER Market, BY Connectivity 


6.1.1.Market size and forecast

6.2.Power Line Communication  

6.2.1.Key market trends, growth factors and opportunities

6.3.Cellular Communication 

6.3.1.Key market trends, growth factors and opportunities

6.4.Radio Frequency Communication 

6.4.1.Key market trends, growth factors and opportunities


7.1.Elster Group

7.1.1.Company overview
7.1.2.Key Executives
7.1.3.Company snapshot
7.1.4.Operating business segments
7.1.5.Product portfolio
7.1.6.R&D Expenditure
7.1.7.Business performance
7.1.8.Key strategic moves and developments

7.2.Itron Inc. 

7.2.1.Company overview
7.2.2.Key Executives
7.2.3.Company snapshot
7.2.4.Operating business segments
7.2.5.Product portfolio
7.2.6.R&D Expenditure
7.2.7.Business performance
7.2.8.Key strategic moves and developments


7.3.1.Company overview
7.3.2.Key Executives
7.3.3.Company snapshot
7.3.4.Operating business segments
7.3.5.Product portfolio
7.3.6.R&D Expenditure
7.3.7.Business performance
7.3.8.Key strategic moves and developments

8.4.Schneider Electric SA

7.4.1.Company overview
7.4.2.Key Executives
7.4.3.Company snapshot
7.4.4.Operating business segments
7.4.5.Product portfolio
7.4.6.R&D Expenditure
7.4.7.Business performance
7.4.8.Key strategic moves and developments

8.5.Siemens AG

7.5.1.Company overview
7.5.2.Key Executives
7.5.3.Company snapshot
7.5.4.Operating business segments
7.5.5.Product portfolio
7.5.6.R&D Expenditure
7.5.7.Business performance
7.5.8.Key strategic moves and developments


7.6.1.Company overview
7.6.2.Key Executives
7.6.3.Company snapshot
7.6.4.Operating business segments
7.6.5.Product portfolio
7.6.6.R&D Expenditure
7.6.7.Business performance
7.6.8.Key strategic moves and developments

7.7.ICSA India Limited 

7.7.1.Company overview
7.7.2.Key Executives
7.7.3.Company snapshot
7.7.4.Operating business segments
7.7.5.Product portfolio
7.7.6.R&D Expenditure
7.7.7.Business performance
7.7.8.Key strategic moves and developments

7.8.Circuator SA

7.8.1.Company overview
7.8.2.Key Executives
7.8.3.Company snapshot
7.8.4.Operating business segments
7.8.5.Product portfolio
7.8.6.R&D Expenditure
7.8.7.Business performance
7.8.8.Key strategic moves and developments


7.9.1.Company overview
7.9.2.Key Executives
7.9.3.Company snapshot
7.9.4.Operating business segments
7.9.5.Product portfolio
7.9.6.R&D Expenditure
7.9.7.Business performance
7.9.8.Key strategic moves and developments

7.10.Holley Metering Limited

7.10.1.Company overview
7.10.2.Key Executives
7.10.3.Company snapshot
7.10.4.Operating business segments
7.10.5.Product portfolio
7.10.6.R&D Expenditure
7.10.7.Business performance
7.10.8.Key strategic moves and developments

7.11.Neptune Technology Group

7.11.1.Company overview
7.11.2.Key Executives
7.11.3.Company snapshot
7.11.4.Operating business segments
7.11.5.Product portfolio
7.11.6.R&D Expenditure
7.11.7.Business performance
7.11.8.Key strategic moves and developments


7.12.1.Company overview
7.12.2.Key Executives
7.12.3.Company snapshot
7.12.4.Operating business segments
7.12.5.Product portfolio
7.12.6.R&D Expenditure
7.12.7.Business performance
7.12.8.Key strategic moves and developments

7.13.Honeywell International Inc

7.13.1.Company overview
7.13.2.Key Executives
7.13.3.Company snapshot
7.13.4.Operating business segments
7.13.5.Product portfolio
7.13.6.R&D Expenditure
7.13.7.Business performance
7.13.8.Key strategic moves and developments



Start reading instantly ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at








Download Sample


Purchase Full Report of
U.S. Smart Meter Market

  • Online Only
  • $2,471
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $2,746
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $4,239
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $4,612
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $6,432
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading instantly.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts