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Commercial Smart Electric Meter Market Share
Siemens stands out as one of the major players operating in the industry. Renowned for its innovative solutions, Siemens offers cutting-edge smart metering technology that enables precise energy management and optimization for commercial applications. Its comprehensive portfolio and global presence make Siemens a key player driving advancements in the smart metering sector.
Commercial Smart Electric Meter Market Companies
Some of the prominent players operating across the commercial smart electric meter industry are:
- Aclara Technologies LLC
- CyanConnode
- General Electric
- Honeywell International Inc.
- Holley Performance Products, Inc.
- Iskraemeco Group
- Itron Inc.
- Jabil Inc.
- Kamstrup
- Kontron AG (S&T AG)
- LARSEN & TOUBRO LIMITED
- Landis+Gyr
- Mitsubishi Electric Corporation
- OSAKI ELECTRIC CO., LTD.
- SAMI Advanced Electronics
- Schneider Electric
- Sensus
- Siemens
- Trinity Energy Systems Pvt. Ltd.
Why is the demand for AMI-based commercial smart electric meters increasing?
Advanced metering infrastructure (AMI) commercial smart electric meter market is anticipated to grow at over 9.5% up to 2032, propelled by widespread adoption for real-time monitoring, remote meter reading, and two-way communication.
What is the size of the commercial smart electric meter market?
The market size of commercial smart electric meter was reached USD 5.2 billion in 2023 and is projected to expand at 9.6% CAGR from 2024 to 2032, driven by increasing energy consumption demands for greater efficiency and accurate monitoring.
Who are the major commercial smart electric meter industry players?
Some of the top commercial smart electric meter firms are Aclara Technologies LLC, CyanConnode, General Electric Honeywell International Inc., Holley Performance Products, Inc., Iskraemeco Group, Itron Inc. Jabil Inc., Kamstrup, Kontron AG (S&T AG), LARSEN & TOUBRO LIMITED, Landis+Gyr, Mitsubishi Electric Corporation, OSAKI ELECTRIC CO., LTD., SAMI Advanced Electronics, Schneider Electric, Siemens, and Trinity Energy Systems Pvt. Ltd., among others.
How big is the Asia Pacific commercial smart electric meter market?
Asia Pacific commercial smart electric meter industry is estimated to generate more than USD 9 billion by 2032, attributed to the rising demand for energy efficiency solutions due to rising electricity consumption, and the need for accurate billing and real-time data monitoring.