Asia-Pacific smart meters market is estimated to grow at a CAGR of 7.5% during the forecast period. The major factor that propels the market growth in the region includes the rising smart city projects and partnerships for the development of smart meters. A significant rise in consumption of utilities such as electricity, water, and gas is expected by the economies such as China and India in the upcoming period, due to which a huge amount of government expenditure related to smart utility infrastructure will be foreseen in the region. Moreover, significant government initiatives for the smart meter installation further provide a significant opportunity for market growth.
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Some of the companies which are contributing to the growth of the Asia-Pacific smart meters market include Eaton Corp., Landis+Gyr AG, Schneider Electric SE, Siemens AG, Schneider Electric SE, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Smart Meters Market by Product Type
- Smart Gas Meters
- Smart Electric Meters
- Smart Water Maters
Asia-Pacific Smart Meters Market by Technology
- Advanced Metering Infrastructure (AMI)
- Automated Meter Reading (AMR)
Asia-Pacific Smart Meters Market by Application
- Residential
- Commercial
- Industrial
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Eaton Corp.
- Overview
- Eaton Corp. in Asia-Pacific Smart Meters
- Recent Developments
- General Electric Co.
- Honeywell International, Inc.
- Itron Inc.
- Landis+Gyr AG
- Raychem RPG
- Siemens AG
- Schneider Electric SE
- Suntront Tech Co., Ltd.
- Wasion Holdings Ltd.
The Report Covers
- Comprehensive research methodology of the Asia-Pacific smart meters market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific smart meters market.
- Insights about market determinants that are stimulating the Asia-Pacific smart meters market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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