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Meter Data Management System Market

Meter Data Management System - Global Market Outlook (2019-2027)

4.1 (37 reviews)
Published: November 2020 ID: SMRC20070
4.1 (37 reviews)
Published: November 2020 ID: SMRC20070

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Meter Data Management System Market is accounted for $200.27 million in 2019 and is expected to reach $778.67 million by 2027 growing at a CAGR of 18.5% during the forecast period. Some of the key factors propelling the market growth include growing government policies and legislative mandates for smart meters, need for grid reliability, increasing number of connected elements of the power grid to the internet, and need for accurate utility bill generation. However, lack of standards and interoperability is likely to hamper the market.

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Meter data management is a system that performs long-term data storage and management for huge quantities of data delivered by smart metering systems. It gathers, processes, and stores all types of data to help utilities deal with increasing data volumes and succeed in a dynamic and competitive industry. Meter data management also performs a real time monitoring with the capabilities of data validation, estimation, retail billing support, and billing-determinant computations for customer settlements. 

By end user, the residential segment is expected to be the significant growing market with smart meter implementations being mandated across global regions in the residential sector. Furthermore, residential consumers will have access to their energy consumption data through meter data management system that will in turn help them in improving their energy consumption. In addition to this, grid upgrade, energy efficiency targets, and transmission and distribution investment in North America and Europe is further contributing to the growth of the residential segment.

On the basis of geography, North America is estimated to have considerable market growth during the forecast period, owing to the smart meter installation development and growth in countries such the US, Canada and Mexico. There is a huge requirement for power and infrastructural development due to aging grid network in the region. The US and Mexico are also investing in infrastructure and power generation projects to tackle growing population demands. The growth of the meter data management system market in this region is also driven by smart meter rollouts and need to stabilize the grid and generate accurate utility billing.

Some of the key players in Meter Data Management System Market include Honeywell International, Inc., Itron Inc., Kamstrup A/S, Landis+Gyr Group AG, Sensus (Xylem), ABB Ltd., Aclara Technologies LLC, Schneider Electric SE, Siemens AG, Diehl Metering GmbH, Eaton Corporation, Powel, Elster Group GmbH, Arad Group, Trilliant Holdings Inc., Oracle Corporation, and Sagemcom.

Utility Types Covered:
• Gas
• Electricity
• Water

Components Covered:
• Software
• Hardware
• Services

Deployment Types Covered:
• On-premises
• Cloud-based

Applications Covered:
• Energy Storage
• EV charging
• Smart grid
• Microgrid
• Other Applications

End Users Covered:
• Commercial
• Residential
• Industrial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary        
         
2 Preface    
    
 2.1 Abstract       
 2.2 Stake Holders        
 2.3 Research Scope       
 2.4 Research Methodology       
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions      
         
3 Market Trend Analysis        
 3.1 Introduction       
 3.2 Drivers       
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats       
 3.6 Application Analysis       
 3.7 End User Analysis       
 3.8 Emerging Markets       
 3.9 Impact of Covid-19       
         
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry       
         
5 Global Meter Data Management System Market, By Utility Type        
 5.1 Introduction       
 5.2 Gas       
 5.3 Electricity       
 5.4 Water       
          
6 Global Meter Data Management System Market, By Component        
 6.1 Introduction       
 6.2 Software       
 6.3 Hardware       
 6.4 Services       
         
7 Global Meter Data Management System Market, By Deployment Type        
 7.1 Introduction       
 7.2 On-premises       
 7.3 Cloud-based       
         
8 Global Meter Data Management System Market, By Application        
 8.1 Introduction       
 8.2 Energy Storage       
 8.3 EV charging       
 8.4 Smart grid       
 8.5 Microgrid       
 8.6 Other Applications       
  8.6.1 Gas and Water Consumption      
         
9 Global Meter Data Management System Market, By End User        
 9.1 Introduction       
 9.2 Commercial       
 9.3 Residential       
 9.4 Industrial       
         
10 Global Meter Data Management System Market, By Geography        
 10.1 Introduction       
 10.2 North America       
  10.2.1 US      
  10.2.2 Canada      
  10.2.3 Mexico      
 10.3 Europe       
  10.3.1 Germany       
  10.3.2 UK      
  10.3.3 Italy      
  10.3.4 France      
  10.3.5 Spain      
  10.3.6 Rest of Europe      
 10.4 Asia Pacific       
  10.4.1 Japan      
  10.4.2 China      
  10.4.3 India      
  10.4.4 Australia      
  10.4.5 New Zealand      
  10.4.6 South Korea      
  10.4.7 Rest of Asia Pacific      
 10.5 South America       
  10.5.1 Argentina      
  10.5.2 Brazil      
  10.5.3 Chile      
  10.5.4 Rest of South America      
 10.6 Middle East & Africa       
  10.6.1 Saudi Arabia      
  10.6.2 UAE      
  10.6.3 Qatar      
  10.6.4 South Africa      
  10.6.5 Rest of Middle East & Africa      
         
11 Key Developments        
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 11.2 Acquisitions & Mergers       
 11.3 New Product Launch       
 11.4 Expansions       
 11.5 Other Key Strategies       
         
12 Company Profiling        
 12.1 Honeywell International, Inc.       
 12.2 Itron Inc.       
 12.3 Kamstrup A/S       
 12.4 Landis+Gyr Group AG       
 12.5 Sensus (Xylem)       
 12.6 ABB Ltd.       
 12.7 Aclara Technologies LLC       
 12.8 Schneider Electric SE       
 12.9 Siemens AG       
 12.10 Diehl Metering GmbH       
 12.11 Eaton Corporation        
 12.12 Powel       
 12.13 Elster Group GmbH       
 12.14 Arad Group       
 12.15 Trilliant Holdings Inc.       
 12.16 Oracle Corporation       
 12.17 Sagemcom       


List of Tables         
1 Global Meter Data Management System Market Outlook, By Region (2018-2027) ($MN)        
2 Global Meter Data Management System Market Outlook, By Utility Type (2018-2027) ($MN)        
3 Global Meter Data Management System Market Outlook, By Gas (2018-2027) ($MN)        
4 Global Meter Data Management System Market Outlook, By Electricity (2018-2027) ($MN)        
5 Global Meter Data Management System Market Outlook, By Water (2018-2027) ($MN)        
6 Global Meter Data Management System Market Outlook, By Component (2018-2027) ($MN)         
7 Global Meter Data Management System Market Outlook, By Software (2018-2027) ($MN)        
8 Global Meter Data Management System Market Outlook, By Hardware (2018-2027) ($MN)        
9 Global Meter Data Management System Market Outlook, By Services (2018-2027) ($MN)        
10 Global Meter Data Management System Market Outlook, By Deployment Type (2018-2027) ($MN)        
11 Global Meter Data Management System Market Outlook, By On-premises (2018-2027) ($MN)        
12 Global Meter Data Management System Market Outlook, By Cloud-based (2018-2027) ($MN)        
13 Global Meter Data Management System Market Outlook, By Application (2018-2027) ($MN)        
14 Global Meter Data Management System Market Outlook, By Energy Storage (2018-2027) ($MN)        
15 Global Meter Data Management System Market Outlook, By EV charging (2018-2027) ($MN)        
16 Global Meter Data Management System Market Outlook, By Smart grid (2018-2027) ($MN)        
17 Global Meter Data Management System Market Outlook, By Microgrid (2018-2027) ($MN)        
18 Global Meter Data Management System Market Outlook, By Other Applications (2018-2027) ($MN)        
19 Global Meter Data Management System Market Outlook, By Gas and Water Consumption (2018-2027) ($MN)        
20 Global Meter Data Management System Market Outlook, By End User (2018-2027) ($MN)        
21 Global Meter Data Management System Market Outlook, By Commercial (2018-2027) ($MN)        
22 Global Meter Data Management System Market Outlook, By Residential (2018-2027) ($MN)        
23 Global Meter Data Management System Market Outlook, By Industrial (2018-2027) ($MN)        
24 North America Meter Data Management System Market Outlook, By Country (2018-2027) ($MN)        
25 North America Meter Data Management System Market Outlook, By Utility Type (2018-2027) ($MN)        
26 North America Meter Data Management System Market Outlook, By Gas (2018-2027) ($MN)        
27 North America Meter Data Management System Market Outlook, By Electricity (2018-2027) ($MN)        
28 North America Meter Data Management System Market Outlook, By Water (2018-2027) ($MN)        
29 North America Meter Data Management System Market Outlook, By Component (2018-2027) ($MN)        
30 North America Meter Data Management System Market Outlook, By Software (2018-2027) ($MN)        
31 North America Meter Data Management System Market Outlook, By Hardware (2018-2027) ($MN)        
32 North America Meter Data Management System Market Outlook, By Services (2018-2027) ($MN)        
33 North America Meter Data Management System Market Outlook, By Deployment Type (2018-2027) ($MN)        
34 North America Meter Data Management System Market Outlook, By On-premises (2018-2027) ($MN)        
35 North America Meter Data Management System Market Outlook, By Cloud-based (2018-2027) ($MN)        
36 North America Meter Data Management System Market Outlook, By Application (2018-2027) ($MN)        
37 North America Meter Data Management System Market Outlook, By Energy Storage (2018-2027) ($MN)        
38 North America Meter Data Management System Market Outlook, By EV charging (2018-2027) ($MN)        
39 North America Meter Data Management System Market Outlook, By Smart grid (2018-2027) ($MN)        
40 North America Meter Data Management System Market Outlook, By Microgrid (2018-2027) ($MN)        
41 North America Meter Data Management System Market Outlook, By Other Applications (2018-2027) ($MN)        
42 North America Meter Data Management System Market Outlook, By Gas and Water Consumption (2018-2027) ($MN)        
43 North America Meter Data Management System Market Outlook, By End User (2018-2027) ($MN)        
44 North America Meter Data Management System Market Outlook, By Commercial (2018-2027) ($MN)        
45 North America Meter Data Management System Market Outlook, By Residential (2018-2027) ($MN)        
46 North America Meter Data Management System Market Outlook, By Industrial (2018-2027) ($MN)        
47 Europe Meter Data Management System Market Outlook, By Country (2018-2027) ($MN)        
48 Europe Meter Data Management System Market Outlook, By Utility Type (2018-2027) ($MN)        
49 Europe Meter Data Management System Market Outlook, By Gas (2018-2027) ($MN)        
50 Europe Meter Data Management System Market Outlook, By Electricity (2018-2027) ($MN)        
51 Europe Meter Data Management System Market Outlook, By Water (2018-2027) ($MN)        
52 Europe Meter Data Management System Market Outlook, By Component (2018-2027) ($MN)         
53 Europe Meter Data Management System Market Outlook, By Software (2018-2027) ($MN)        
54 Europe Meter Data Management System Market Outlook, By Hardware (2018-2027) ($MN)        
55 Europe Meter Data Management System Market Outlook, By Services (2018-2027) ($MN)        
56 Europe Meter Data Management System Market Outlook, By Deployment Type (2018-2027) ($MN)        
57 Europe Meter Data Management System Market Outlook, By On-premises (2018-2027) ($MN)        
58 Europe Meter Data Management System Market Outlook, By Cloud-based (2018-2027) ($MN)        
59 Europe Meter Data Management System Market Outlook, By Application (2018-2027) ($MN)        
60 Europe Meter Data Management System Market Outlook, By Energy Storage (2018-2027) ($MN)         
61 Europe Meter Data Management System Market Outlook, By EV charging (2018-2027) ($MN)        
62 Europe Meter Data Management System Market Outlook, By Smart grid (2018-2027) ($MN)        
63 Europe Meter Data Management System Market Outlook, By Microgrid (2018-2027) ($MN)        
64 Europe Meter Data Management System Market Outlook, By Other Applications (2018-2027) ($MN)        
65 Europe Meter Data Management System Market Outlook, By Gas and Water Consumption (2018-2027) ($MN)        
66 Europe Meter Data Management System Market Outlook, By End User (2018-2027) ($MN)        
67 Europe Meter Data Management System Market Outlook, By Commercial (2018-2027) ($MN)        
68 Europe Meter Data Management System Market Outlook, By Residential (2018-2027) ($MN)        
69 Europe Meter Data Management System Market Outlook, By Industrial (2018-2027) ($MN)        
70 Asia Pacific Meter Data Management System Market Outlook, By Country (2018-2027) ($MN)        
71 Asia Pacific Meter Data Management System Market Outlook, By Utility Type (2018-2027) ($MN)        
72 Asia Pacific Meter Data Management System Market Outlook, By Gas (2018-2027) ($MN)        
73 Asia Pacific Meter Data Management System Market Outlook, By Electricity (2018-2027) ($MN)        
74 Asia Pacific Meter Data Management System Market Outlook, By Water (2018-2027) ($MN)        
75 Asia Pacific Meter Data Management System Market Outlook, By Component (2018-2027) ($MN)        
76 Asia Pacific Meter Data Management System Market Outlook, By Software (2018-2027) ($MN)        
77 Asia Pacific Meter Data Management System Market Outlook, By Hardware (2018-2027) ($MN)        
78 Asia Pacific Meter Data Management System Market Outlook, By Services (2018-2027) ($MN)         
79 Asia Pacific Meter Data Management System Market Outlook, By Deployment Type (2018-2027) ($MN)        
80 Asia Pacific Meter Data Management System Market Outlook, By On-premises (2018-2027) ($MN)        
81 Asia Pacific Meter Data Management System Market Outlook, By Cloud-based (2018-2027) ($MN)        
82 Asia Pacific Meter Data Management System Market Outlook, By Application (2018-2027) ($MN)        
83 Asia Pacific Meter Data Management System Market Outlook, By Energy Storage (2018-2027) ($MN)        
84 Asia Pacific Meter Data Management System Market Outlook, By EV charging (2018-2027) ($MN)        
85 Asia Pacific Meter Data Management System Market Outlook, By Smart grid (2018-2027) ($MN)        
86 Asia Pacific Meter Data Management System Market Outlook, By Microgrid (2018-2027) ($MN)        
87 Asia Pacific Meter Data Management System Market Outlook, By Other Applications (2018-2027) ($MN)        
88 Asia Pacific Meter Data Management System Market Outlook, By Gas and Water Consumption (2018-2027) ($MN)        
89 Asia Pacific Meter Data Management System Market Outlook, By End User (2018-2027) ($MN)        
90 Asia Pacific Meter Data Management System Market Outlook, By Commercial (2018-2027) ($MN)        
91 Asia Pacific Meter Data Management System Market Outlook, By Residential (2018-2027) ($MN)        
92 Asia Pacific Meter Data Management System Market Outlook, By Industrial (2018-2027) ($MN)        
93 South America Meter Data Management System Market Outlook, By Country (2018-2027) ($MN)        
94 South America Meter Data Management System Market Outlook, By Utility Type (2018-2027) ($MN)        
95 South America Meter Data Management System Market Outlook, By Gas (2018-2027) ($MN)        
96 South America Meter Data Management System Market Outlook, By Electricity (2018-2027) ($MN)        
97 South America Meter Data Management System Market Outlook, By Water (2018-2027) ($MN)        
98 South America Meter Data Management System Market Outlook, By Component (2018-2027) ($MN)        
99 South America Meter Data Management System Market Outlook, By Software (2018-2027) ($MN)        
100 South America Meter Data Management System Market Outlook, By Hardware (2018-2027) ($MN)        
101 South America Meter Data Management System Market Outlook, By Services (2018-2027) ($MN)        
102 South America Meter Data Management System Market Outlook, By Deployment Type (2018-2027) ($MN)        
103 South America Meter Data Management System Market Outlook, By On-premises (2018-2027) ($MN)        
104 South America Meter Data Management System Market Outlook, By Cloud-based (2018-2027) ($MN)        
105 South America Meter Data Management System Market Outlook, By Application (2018-2027) ($MN)        
106 South America Meter Data Management System Market Outlook, By Energy Storage (2018-2027) ($MN)        
107 South America Meter Data Management System Market Outlook, By EV charging (2018-2027) ($MN)        
108 South America Meter Data Management System Market Outlook, By Smart grid (2018-2027) ($MN)        
109 South America Meter Data Management System Market Outlook, By Microgrid (2018-2027) ($MN)        
110 South America Meter Data Management System Market Outlook, By Other Applications (2018-2027) ($MN)         
111 South America Meter Data Management System Market Outlook, By Gas and Water Consumption (2018-2027) ($MN)        
112 South America Meter Data Management System Market Outlook, By End User (2018-2027) ($MN)        
113 South America Meter Data Management System Market Outlook, By Commercial (2018-2027) ($MN)        
114 South America Meter Data Management System Market Outlook, By Residential (2018-2027) ($MN)        
115 South America Meter Data Management System Market Outlook, By Industrial (2018-2027) ($MN)        
116 Middle East & Africa Meter Data Management System Market Outlook, By Country (2018-2027) ($MN)        
117 Middle East & Africa Meter Data Management System Market Outlook, By Utility Type (2018-2027) ($MN)        
118 Middle East & Africa Meter Data Management System Market Outlook, By Gas (2018-2027) ($MN)        
119 Middle East & Africa Meter Data Management System Market Outlook, By Electricity (2018-2027) ($MN)        
120 Middle East & Africa Meter Data Management System Market Outlook, By Water (2018-2027) ($MN)        
121 Middle East & Africa Meter Data Management System Market Outlook, By Component (2018-2027) ($MN)        
122 Middle East & Africa Meter Data Management System Market Outlook, By Software (2018-2027) ($MN)        
123 Middle East & Africa Meter Data Management System Market Outlook, By Hardware (2018-2027) ($MN)        
124 Middle East & Africa Meter Data Management System Market Outlook, By Services (2018-2027) ($MN)        
125 Middle East & Africa Meter Data Management System Market Outlook, By Deployment Type (2018-2027) ($MN)        
126 Middle East & Africa Meter Data Management System Market Outlook, By On-premises (2018-2027) ($MN)        
127 Middle East & Africa Meter Data Management System Market Outlook, By Cloud-based (2018-2027) ($MN)        
128 Middle East & Africa Meter Data Management System Market Outlook, By Application (2018-2027) ($MN)        
129 Middle East & Africa Meter Data Management System Market Outlook, By Energy Storage (2018-2027) ($MN)        
130 Middle East & Africa Meter Data Management System Market Outlook, By EV charging (2018-2027) ($MN)        
131 Middle East & Africa Meter Data Management System Market Outlook, By Smart grid (2018-2027) ($MN)         
132 Middle East & Africa Meter Data Management System Market Outlook, By Microgrid (2018-2027) ($MN)        
133 Middle East & Africa Meter Data Management System Market Outlook, By Other Applications (2018-2027) ($MN)        
134 Middle East & Africa Meter Data Management System Market Outlook, By Gas and Water Consumption (2018-2027) ($MN)        
135 Middle East & Africa Meter Data Management System Market Outlook, By End User (2018-2027) ($MN)        
136 Middle East & Africa Meter Data Management System Market Outlook, By Commercial (2018-2027) ($MN)        
137 Middle East & Africa Meter Data Management System Market Outlook, By Residential (2018-2027) ($MN)        
138 Middle East & Africa Meter Data Management System Market Outlook, By Industrial (2018-2027) ($MN)        

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