Smart Electric Meter Market to Reach USD 59.22 Billion by 2035, Growing at 8.27% CAGR

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global smart electric meter market is projected to grow from USD 27.24 billion in 2025 to USD 59.22 billion by 2035, expanding at a compound annual growth rate of 8.27 percent, according to a new report from SNS Insider. The Asia Pacific region led the market in 2025 with a 45.19 percent revenue share and is expected to remain the fastest-growing region at an 8.82 percent CAGR through 2035, driven by large-scale smart grid installations and urbanization. Single-phase smart meters dominated the phase-type segment with 68.29 percent of revenue in 2025, while smart electricity meters held the largest product-type share at 34.12 percent. RF Mesh communication technology captured a 31.44 percent share, and consumption monitoring was the leading application at 32.11 percent. Key players include Landis+Gyr, Itron Inc., Siemens AG, and Schneider Electric SE.

Impact on stocks 5

Smart City / Autonomous Infrastructure▲ · 2 stocks
Itron Inc
ITRI
▲ PositiveDemandrelevance

Market growth forecast for smart electric meters directly benefits Itron as a key player.

Industrials▲ · 1 stocks
Landis+Gyr Group AG
LAND
▲ PositiveDemandrelevance

Landis+Gyr is a key player in the smart meter market projected to grow at 8.27% CAGR.

Artificial Intelligence▲ · 1 stocks
Schneider Electric S.E.
SU
▲ PositiveDemandrelevance

Schneider Electric is listed as a key player in the growing smart meter market.

Health Care▲ · 1 stocks

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