North America smart meters market is expected to grow by 8.6% annually in the forecast period and reach $4,230.9 million by 2027 driven by the advancements in metering technologies, rising awareness among people regarding energy conservation, and surging government initiatives.
Highlighted with 24 tables and 48 figures, this 97-page report “North America Smart Meters Market 2020-2027 by Component, Technology (AMR, AMI), Communication Type (Cellular, RF, PLC), Phase, Specification (SMETS1, SMETS2), Application (Electricity, Gas, Water), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire North America smart meters market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America smart meters market in every aspect of the classification from perspectives of Component, Technology, Communication Type, Phase, Specification, Application, End Use, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- Hardware
- Software & Service
Based on Technology, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- Automatic Meter Reading (AMR)
- Advanced Metering Infrastructure (AMI)
Based on Communication Type, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- Cellular Technology
- Radio Frequency (RF)
- Power Line Communication (PLC)
- Other Communication Types
Based on Phase, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- Single-phase Smart Meters
- Three-phase Smart Meters
Based on Specification, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- SMETS1 Smart Meters
- SMETS2 Smart Meters
Based on Application, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- Smart Electricity Meters
- Smart Gas Meters
- Smart Water Meters
Based on End Use, the North America market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
- Residential Use
- Commercial Use
- Industrial Use
Geographically, the following national/local markets are fully investigated:
- U.S.
- Canada
- Mexico
For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of key national markets by Component, Application, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Badger Meter, Inc.
EDMI
Elster Group GmbH
Holley Metering Limited
Honeywell International Inc.
Iskraemeco
Itron Inc.
Landis+Gyr Group AG
Neptune Technology Group Inc.
Schneider Electric SA
Sensus USA Inc.
Siemens AG
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)