The European smart electric meter market will continue to escalate in terms of revenue and is expected to reach $ xx million by the end of 2027. The European market is expected to grow at a CAGR of 3.29% during the forecast period 2019-2027.
The European smart meter roll-out is progressing forward, but within very different operational environments and at different speeds in different member countries. While countries with a mandatory regulatory framework and/or positive cost-benefit analysis are progressing positively according to the national plans, some other countries which require voluntary acceptance by the consumer or have more neutral cost-benefit analysis are progressing slower.
Top market players involved in the European smart electric meter market are Networked Energy Services, Abb Ltd., Microchip Technology, Itron, Genus Power Infrastructure, Holley Tech Uk, Wasion Group, Siemens Ag, Honeywell (Elster), Aclara, Jiangsu Linyang, Landis+Gyr (Toshiba Corporation), Iskraemeco and Schneider Electric.