Market Share of Smart Meters Industry
The smart meter market is highly competitive and consists of several major players such as AEM, Aichi Tokei Denki Co., Ltd., Apator SA, Arad Group, and Azbil Kimmon Co., Ltd. The involvement of large-scale investments is increasing the barriers for the existing players, thereby pushing the industry toward competition. Also, smart meters are increasingly being deployed by various end users. Hence, the substantial increase in demand and government initiatives to increase the number of rollouts in various regions are expected to increase the degree of competition among the market players.
In January 2023, Badger Meter Inc. announced the strategic acquisition of Syrinix Ltd., a provider of intelligent water monitoring solutions. Through this acquisition, the company aims to add the hardware-enabled software capabilities of Syrinix to our smart water solutions portfolio. Similarly, it has also acquired Analytical Technology, Inc. (Ati) and Scan GmbH, leaders in intelligent measurement and smart water quality monitoring.
In January 2023, Diehl Stiftung & Co. KG announced that the Water and Sanitation Corporation (WASAC) in Rwanda's capital, Kigali, chose Diehl Metering for meter technology to modernize its network for its sustainability efforts. WASAC recognized the suitability of AURIGA to achieve its primary objective of reducing non-revenue water by installing reliable meters. The AURIGA water meter will form the basis for a future AMR solution.
In December 2022, Apator SA presented the smartESOX pro, which was specially designed for industrial applications, and the OTUS 3, a bidirectional smart electricity meter. Other smart options were presented, such as the Ultrimis W ultrasonic water meter and the iSMART2 gas meter.
Smart Meters Market Leaders
AEM
Aichi Tokei Denki Co., Ltd.
Apator SA
Arad Group
Azbil Kimmon Co. Ltd
*Disclaimer: Major Players sorted in no particular order
