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Utility Scale Smart Electric Meters Market Share

Report ID: GMI10510
Published Date: Jul 2024
Report Format: PDF

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Utility Scale Smart Electric Meters Market Share

Companies like ABB, schneider electric, and siemens dominate the utility scale smart electric meters industry due to their extensive experience, technological innovation, and broad global reach. They offer advanced, reliable, and scalable solutions that integrate seamlessly with existing infrastructure. Their strong R&D capabilities drive continuous improvements, while their established industry networks and customer relationships provide a competitive edge.

Utility Scale Smart Electric Meters Market Companies

ABB
Aclara Technologies LLC
AEM
Apator SA
Badger Meter, Inc.
Chint Group
General Electric
Honeywell International, Inc.
Itron, Inc.
Kamstrup
Larsen & Toubro Limited
Schneider Electric SE
Sensus
Siemens
Sontex SA
Wasion Group

Authors: Ankit Gupta, Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of utility scale smart electric meters reached USD 2.2 billion in 2023 and is set to register 11.9% CAGR from 2024-2032, owing to the rising demand for efficient energy management and the integration of renewable energy sources worldwide.

Utility scale smart electric meters industry from the AMI segment is expected to register exceed USD 5.7 billion by 2032, due to its ability to provide advanced data collection capabilities, allowing utilities to gather detailed real-time consumption data.

Asia Pacific market is expected to reach over USD 4.5 billion by 2032, attributed to governments across the region investing in smart grid projects and energy infrastructure upgrades to improve energy efficiency and sustainability.

AEM, Apator SA, Badger Meter, Inc., Chint Group, General Electric, Honeywell International, Inc., Itron, Inc., Kamstrup, Larsen & Toubro Limited, Schneider Electric SE, Sensus, Siemens, Sontex SA, and Wasion Group, are some of the major utility scale smart electric meters companies worldwide.