Some of the leading industry players in the smart meter market include Itron Inc., Landis+Gyr, Honeywell International Inc., EDMI Limited, Siemens AG, Mitsubishi Electric Corporation, and Badger Meter, Inc., and these companies are focusing on research and development of new products and services and increasing their market presence across the globe. These companies are leading the way through the creation of sophisticated hardware, software, and whole-system metering. These are some of the key stakeholders in the sector due to their emphasis on smart grid, IoT, and utility digitization.
In November 2022, Landis+Gyr expanded its product offerings with new smart metering solutions in the electricity, heat, gas, and water sectors, thus strengthening its position in the smart meter market. This growth is indicative of a larger trend of intelligence at the edge of the grid that seeks to optimize energy delivery and minimize greenhouse gas emissions. With the increasing growth of the market, it is expected that competition will be based on product development, intersectoral cooperation, and partnerships to ensure the future growth of the global market.
Here are some leading companies in the smart meter market:
Author Credits: Dhruv Bhatia
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