Europe Smart Meters Market 2020-2027 by Component, Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase, Specification (SMETS1, SMETS2), Application (Electricity, Gas, Water), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity
Europe Smart Meters Market 2020-2027 by Component, Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase, Specification (SMETS1, SMETS2), Application (Electricity, Gas, Water), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity
The Global Europe Smart Meters Market investigation report contains Types, Application & all logical and factual briefs about market Overview, CAGR, Production Volume, Sales, Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East & Africa & The top Players like Badger Meter, Inc., EDMI, Elster Group GmbH, Holley Metering Limited, Honeywell International Inc., Iskraemeco, Itron Inc., Landis+Gyr Group AG, Neptune Technology Group Inc., Schneider Electric SA, Sensus USA Inc., Siemens AG, (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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Europe smart meters market accounted for $3,649.4 million in 2020 and will grow by 6.6% annually over 2020-2027 driven by the advancements in metering technologies, rising awareness among people regarding energy conservation, and surging government initiatives.
Highlighted with 34 tables and 52 figures, this 105-page report “Europe Smart Meters Market 2020-2027 by Component, Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase, Specification (SMETS1, SMETS2), Application (Electricity, Gas, Water), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Europe smart meters market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe smart meters market in every aspect of the classification from perspectives of Component, Technology, Communication Type, Phase, Specification, Application, End Use, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware
• Software & Service
Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
Based on Communication Type, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Cellular Technology
• Radio Frequency (RF)
• Power Line Communication (PLC)
• Other Communication Types
Based on Phase, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Single-phase Smart Meters
• Three-phase Smart Meters
Based on Specification, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• SMETS1 Smart Meters
• SMETS2 Smart Meters
Based on Application, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Smart Electricity Meters
• Smart Gas Meters
• Smart Water Meters
Based on End Use, the Europe market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Component, Application, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Badger Meter, Inc.
EDMI
Elster Group GmbH
Holley Metering Limited
Honeywell International Inc.
Iskraemeco
Itron Inc.
Landis+Gyr Group AG
Neptune Technology Group Inc.
Schneider Electric SA
Sensus USA Inc.
Siemens AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 28
2.4 Emerging Opportunities and Market Trends 31
2.5 Porter’s Fiver Forces Analysis 35
3 Segmentation of Europe Market by Component 39
3.1 Market Overview by Component 39
3.2 Hardware 41
3.3 Software & Service 42
4 Segmentation of Europe Market by Technology 43
4.1 Market Overview by Technology 43
4.2 Automatic Meter Reading (AMR) 45
4.3 Advanced Metering Infrastructure (AMI) 46
5 Segmentation of Europe Market by Communication Type 47
5.1 Market Overview by Communication Type 47
5.2 Cellular Technology 49
5.3 Radio Frequency (RF) 50
5.4 Power Line Communication (PLC) 51
5.5 Other Communication Types 52
6 Segmentation of Europe Market by Phase 53
6.1 Market Overview by Phase 53
6.2 Single-phase Smart Meters 55
6.3 Three-phase Smart Meters 56
7 Segmentation of Europe Market by Specification 57
7.1 Market Overview by Specification 57
7.2 SMETS1 Smart Meters 59
7.3 SMETS2 Smart Meters 60
8 Segmentation of Europe Market by Application 61
8.1 Market Overview by Application 61
8.2 Smart Electricity Meters 63
8.3 Smart Gas Meters 64
8.4 Smart Water Meters 65
9 Segmentation of Europe Market by End Use 66
9.1 Market Overview by End Use 66
9.2 Residential Use 68
9.3 Commercial Use 69
9.4 Industrial Use 70
10 European Market 2020-2027 by Country 71
10.1 Overview of European Market 71
10.2 UK 74
10.3 France 76
10.4 Germany 78
10.5 Spain 80
10.6 Italy 82
10.7 Russia 84
10.8 Rest of European Market 86
11 Competitive Landscape 88
11.1 Overview of Key Vendors 88
11.2 New Product Launch, Partnership, Investment, and M&A 91
11.3 Company Profiles 92
Badger Meter, Inc. 92
EDMI 94
Elster Group GmbH 95
Holley Metering Limited 96
Honeywell International Inc. 97
Iskraemeco 98
Itron Inc. 99
Landis+Gyr Group AG 100
Neptune Technology Group Inc. 101
Schneider Electric SA 102
Sensus USA Inc. 103
Siemens AG 104
Related Reports and Products 105
Research Methodology:
Europe Smart Meters Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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