North American smart meters market is estimated to grow at a CAGR of 5.6% during the forecast period. The market is driven by the rising trend towards smart metering solutions in the region due to their cost-effectiveness, reduction of theft and maintaining utility revenues, and others. Moreover, several smart city initiatives taken by the government in the region and implementation of various smart metering solutions for effective management of gas distributions by various regulatory bodies provide a significant opportunity to the smart meters market in the region.
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Some of the companies which are contributing to the growth of the North American smart meters market include Aclara Technologies LLC, Eaton Corp., Honeywell International, Inc., Landis+Gyr AG, Schneider Electric SE, Itron Inc., 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 – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
North American Smart Meters Market – Segmentation
By Product Type
- Smart Gas Meters
- Smart Electric Meters
- Smart Water Maters
By Technology
- Advanced Metering Infrastructure (AMI)
- Automated Meter Reading (AMR)
By Application
- Residential
- Commercial
- Industrial
North American Smart Meters Market – Segmentation by Region
- United States
- Canada
The Report Covers
- Comprehensive research methodology of the North American 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 North American smart meters market.
- Insights about market determinants that are stimulating the North American 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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