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The European Energy Services Directive (2006/32/EC) recognizes smart meters as one of the major ways to improve energy efficiency. As per Electricity Directive (2009/72/EC), it is mandatory for 80% of consumers to be equipped with smart meters by 2020, which further enable to have a positive impact on the economy for long term cost and benefits. Government mandates in the UK, France, and Spain are expected to drive the growth of smart electric meter penetration in Europe by 2020. Department for Business, Energy & Industrial Strategy and The Office of Gas and Electricity Markets (OFGEM) in the UK have mandated utility providers to install smart electric meter in every household by 2020.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Europe Smart electric meter Market by Communication Technology
- Power Line Communication
- Cellular
- Radio Frequency
Europe Smart electric meter Market by Phase
- Single Phase
- Three Phase
Europe Smart electric meter Market by Application
- Residential
- Commercial
- Industrial
Regional Analysis
- UK
- Germany
- Italy
- France
- Spain
- Rest of Europe
Company Profiles
- Aclara Technologies LLC
- Elster Group
- Itron Inc.
- Iskraemeco, D.D.
- Landis+Gyr AG
- Sagemcom Broadband SAS
- Schneider Electric SE
- Sensus
- Siemens AG
- Silver Spring Networks Inc.
- Toshiba Corp.
The Report Covers
- Comprehensive research methodology of the Europe Smart Electric Meter 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 Europe Smart Electric Meter market.
- Insights about market determinants which are stimulating the Europe Smart Electric Meter market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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