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Three Phase Smart Electric Meter Market Share

Report ID: GMI8440
Published Date: Mar 2024
Report Format: PDF

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Three Phase Smart Electric Meter Market Share

Company Market Share Analysis, 2023, (%)

Landis+Gyr, one of the biggest players in the three-phase smart electric meter market, sustains its market share through robust research and development, pioneering technological advancements, a renowned brand image, expansive distribution channels, strategic alliances, and consistent investment in customer service. Its adaptability to market shifts and regulatory changes further solidifies its position as an industry leader.

Three Phase Smart Electric Meter Market Companies

Some of the prominent key players operating across the three phase smart electric meter industry are:

Apator SA
Circutor
CyanConnode
General Electric
Holley Performance Products, Inc.
Honeywell International Inc.
Iskraemeco Group
Itron Inc.
Kamstrup
LARSEN & TOUBRO LIMITED
Landis+Gyr
Mitsubishi Electric Corporation
OSAKI ELECTRIC CO., LTD.
SAMI Advanced Electronics
Schneider Electric
Sensus
Siemens
Trinity Energy Systems Pvt. Ltd.
ZIV

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market valuation of the three phase smart electric meter was reached USD 13.6 billion in 2023 and is likely to grow at 10% CAGR from 2024 to 2032, due to the rising demand for accurate billing, real-time monitoring, and enhanced grid stability.

The residential application segment recorded over 50% share of the three phase smart electric meter market in 2023, owing to rising urbanization, population growth, and the higher adoption of smart home technologies.

Asia Pacific three-phase smart electric meter market is expected to exceed USD 25 billion by 2032, led by increased demand for energy-efficient solutions due to rising electricity consumption across the region.

Some of the leading three phase smart electric meter firms are Apator SA, Circutor, CyanConnode, General Electric, Holley Performance Products, Inc., Honeywell International Inc., and Iskraemeco Group.