The Latin America, Middle East and Africa Smart Meter Market would witness market growth of 12.3% CAGR during the forecast period (2020-2026). Smart meters are considered as electronic devices that monitor and analyze the utilization of electrical energy and transfer back the information to the specific electricity supplier for billing and regulation. The smart meter naturally notices any tampering or theft in the electricity and aware the company about it. The data collected with the help of a smart electricity meter allows the utility companies and energy distributors to improve the power distribution losses across the grid.
The significant component that boosts the smart meter market is beneficial government regulations and financial incentives. Furthermore, extensive installations of the smart meters by the utility companies are concentrating on encouraging the distribution of smart meters. Nonetheless, the high expense of installation of the smart meters endured by end-users hampers the development of the smart meter market. Various grid operators and other gas utility and water utility providers are successfully managing the demand for smart meters. Nonetheless, numerous advantages provided by the smart meter market like automatic meter reading and bill generation are further anticipated to add to the development of the smart meter market.
The introduction of beneficial regulatory policies to substitute traditional meters with intelligent metering systems to successfully track and govern power consumption will benefit the industry outlook. Furthermore, growing investments by private and public players for the installation of the smart grid will positively impact the business scenario.
Progressing industrialization combined with economic growth and rising urbanization will boost the growth of the market. The considerable advancement in living standards in terms of increasing per capita income has moved consumer focus towards the acceptance of advanced technologies. Moreover, strict government norms towards the expansion of existing grid infrastructure and decreasing power theft will support the demand of the demand.
Based on Product, the market is segmented into Smart Electric Meters, Smart Water Meters, and Smart Gas Meters. Based on End User, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Smart Meter Market in LAMEA is expected to register a CAGR of 12.3% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, Siemens AG, General Electric (GE) Co., Honeywell International, Inc., Xylem, Inc. (Sensus), Badger Meter, Inc., Landis+Gyr Group AG, Itron, Inc., Neptune Technology Group, Inc. (Roper Technologies, Inc.) and Holley Technology Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Smart Electric Meters
- Smart Water Meters
- Smart Gas Meters
By End-User
- Residential
- Commercial
- Industrial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Schneider Electric SE
- Siemens AG
- General Electric (GE) Co.
- Honeywell International, Inc.
- Xylem, Inc. (Sensus)
- Badger Meter, Inc.
- Landis+Gyr Group AG
- Itron, Inc.
- Neptune Technology Group, Inc. (Roper Technologies, Inc.)
- Holley Technology Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Meter Market, by Product
1.4.2 LAMEA Smart Meter Market, by End User
1.4.3 LAMEA Smart Meter Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Feb – 2020, Oct) Leading Players
Chapter 4. LAMEA Smart Meter Market by Product
4.1 LAMEA Smart Meter Smart Electric Meters Market by Country
4.2 LAMEA Smart Meter Smart Water Meters Market by Country
4.3 LAMEA Smart Meter Smart Gas Meters Market by Country
Chapter 5. LAMEA Smart Meter Market by End Use
5.1 LAMEA Residential Smart Meter Market by Country
5.2 LAMEA Commercial Smart Meter Market by Country
5.3 LAMEA Industrial Smart Meter Market by Country
Chapter 6. LAMEA Smart Meter Market by Country
6.1 Brazil Smart Meter Market
6.1.1 Brazil Smart Meter Market by Product
6.1.2 Brazil Smart Meter Market by End Use
6.2 Argentina Smart Meter Market
6.2.1 Argentina Smart Meter Market by Product
6.2.2 Argentina Smart Meter Market by End Use
6.3 UAE Smart Meter Market
6.3.1 UAE Smart Meter Market by Product
6.3.2 UAE Smart Meter Market by End Use
6.4 Saudi Arabia Smart Meter Market
6.4.1 Saudi Arabia Smart Meter Market by Product
6.4.2 Saudi Arabia Smart Meter Market by End Use
6.5 South Africa Smart Meter Market
6.5.1 South Africa Smart Meter Market by Product
6.5.2 South Africa Smart Meter Market by End Use
6.6 Nigeria Smart Meter Market
6.6.1 Nigeria Smart Meter Market by Product
6.6.2 Nigeria Smart Meter Market by End Use
6.7 Rest of LAMEA Smart Meter Market
6.7.1 Rest of LAMEA Smart Meter Market by Product
6.7.2 Rest of LAMEA Smart Meter Market by End Use
Chapter 7. Company Profiles
7.1 Schneider Electric SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental And Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.5.3 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Siemens AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 General Electric (GE) Co.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.6 SWOT Analysis
7.4 Honeywell International, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Xylem, Inc. (Sensus)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Geographical Expansions:
7.6 Badger Meter, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Acquisition and Mergers:
7.6.5.2 Product Launches and Product Expansions:
7.7 Landis+Gyr Group AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research and Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 Itron, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisition and Mergers:
7.8.5.3 Product Launches and Product Expansions:
7.9 Neptune Technology Group, Inc. (Roper Technologies, Inc.)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Holley Technology Ltd.
7.10.1 Company Overview
TABLE 1 LAMEA Smart Meter Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Smart Meter Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Meter Market
TABLE 4 Product Launches And Product Expansions– Smart Meter Market
TABLE 5 Geographical Expansions – Smart Meter Market
TABLE 6 Acquisition and Mergers– Smart Meter Market
TABLE 7 LAMEA Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 8 LAMEA Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 9 LAMEA Smart Meter Smart Electric Meters Market by Country, 2016 - 2019, USD Million
TABLE 10 LAMEA Smart Meter Smart Electric Meters Market by Country, 2020 - 2026, USD Million
TABLE 11 LAMEA Smart Meter Smart Water Meters Market by Country, 2016 - 2019, USD Million
TABLE 12 LAMEA Smart Meter Smart Water Meters Market by Country, 2020 - 2026, USD Million
TABLE 13 LAMEA Smart Meter Smart Gas Meters Market by Country, 2016 - 2019, USD Million
TABLE 14 LAMEA Smart Meter Smart Gas Meters Market by Country, 2020 - 2026, USD Million
TABLE 15 LAMEA Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 16 LAMEA Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 17 LAMEA Residential Smart Meter Market by Country, 2016 - 2019, USD Million
TABLE 18 LAMEA Residential Smart Meter Market by Country, 2020 - 2026, USD Million
TABLE 19 LAMEA Commercial Smart Meter Market by Country, 2016 - 2019, USD Million
TABLE 20 LAMEA Commercial Smart Meter Market by Country, 2020 - 2026, USD Million
TABLE 21 LAMEA Industrial Smart Meter Market by Country, 2016 - 2019, USD Million
TABLE 22 LAMEA Industrial Smart Meter Market by Country, 2020 - 2026, USD Million
TABLE 23 LAMEA Smart Meter Market by Country, 2016 - 2019, USD Million
TABLE 24 LAMEA Smart Meter Market by Country, 2020 - 2026, USD Million
TABLE 25 Brazil Smart Meter Market, 2016 - 2019, USD Million
TABLE 26 Brazil Smart Meter Market, 2020 - 2026, USD Million
TABLE 27 Brazil Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 28 Brazil Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 29 Brazil Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 30 Brazil Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 31 Argentina Smart Meter Market, 2016 - 2019, USD Million
TABLE 32 Argentina Smart Meter Market, 2020 - 2026, USD Million
TABLE 33 Argentina Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 34 Argentina Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 35 Argentina Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 36 Argentina Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 37 UAE Smart Meter Market, 2016 - 2019, USD Million
TABLE 38 UAE Smart Meter Market, 2020 - 2026, USD Million
TABLE 39 UAE Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 40 UAE Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 41 UAE Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 42 UAE Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 43 Saudi Arabia Smart Meter Market, 2016 - 2019, USD Million
TABLE 44 Saudi Arabia Smart Meter Market, 2020 - 2026, USD Million
TABLE 45 Saudi Arabia Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 46 Saudi Arabia Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 47 Saudi Arabia Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 48 Saudi Arabia Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 49 South Africa Smart Meter Market, 2016 - 2019, USD Million
TABLE 50 South Africa Smart Meter Market, 2020 - 2026, USD Million
TABLE 51 South Africa Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 52 South Africa Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 53 South Africa Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 54 South Africa Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 55 Nigeria Smart Meter Market, 2016 - 2019, USD Million
TABLE 56 Nigeria Smart Meter Market, 2020 - 2026, USD Million
TABLE 57 Nigeria Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 58 Nigeria Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 59 Nigeria Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 60 Nigeria Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 61 Rest of LAMEA Smart Meter Market, 2016 - 2019, USD Million
TABLE 62 Rest of LAMEA Smart Meter Market, 2020 - 2026, USD Million
TABLE 63 Rest of LAMEA Smart Meter Market by Product, 2016 - 2019, USD Million
TABLE 64 Rest of LAMEA Smart Meter Market by Product, 2020 - 2026, USD Million
TABLE 65 Rest of LAMEA Smart Meter Market by End Use, 2016 - 2019, USD Million
TABLE 66 Rest of LAMEA Smart Meter Market by End Use, 2020 - 2026, USD Million
TABLE 67 Key information – Schneider Electric SE
TABLE 68 Key Information – Siemens AG
TABLE 69 Key Information – General Electric (GE) Co.
TABLE 70 Key information – Honeywell International, Inc.
TABLE 71 key information – Xylem, Inc.
TABLE 72 Key Information – Badger Meter, Inc.
TABLE 73 Key Information – Landis+Gyr Group AG
TABLE 74 Key Information – Itron, Inc.
TABLE 75 Key Information – Neptune Technology Group, Inc.
TABLE 76 Key Information – Holley Technology Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb – 2020, Dec) Leading Players
FIG 5 Recent strategies and developments: Schneider Electric SE
FIG 6 Swot analysis: Schneider Electric SE
FIG 7 Recent strategies and developments: Siemens AG
FIG 8 Swot analysis: Siemens AG
FIG 9 Swot analysis: General electric (GE) Co.
FIG 10 Swot analysis: Honeywell international, inc.
FIG 11 Recent strategies and developments: Xylem, Inc.
FIG 12 Recent strategies and developments: Badger Meter, Inc.
FIG 13 Recent strategies and developments: Landis+Gyr Group AG
FIG 14 Recent strategies and developments: Itron, Inc.