Europe Meter Data Management System Market to 2027 - Regional Analysis and Forecasts by Offering (Software and Services); Utility Type (Gas, Water, and Electricity); Application (Smart grid, Microgrid, Energy Storage, EV Charging, and Others); End - User (Residential, Commercial, and Industrial)
The meter data management system market in Europe is expected to grow from US$ 274.4 Mn in 2018 to US$ 961.8Mn by the year 2027 at a CAGR of 14.6% during the forecast period.
The meter data management solutions provide transparency for the utilities and municipalities, and thereby enable significantly increased efficiency in reading, billing and service processes. The smart grids and smart metering rollout will help the EU to reduce emissions in the region by up to 9% as well as the annual energy consumption of households by comparable amounts. For measuring cost-effectiveness, EU countries performed cost-benefit analyses on the basis of guidelines specified by the European Commission (EC). Also, a similar assessment was conducted on smart meters for gas. By 2020, the European Union (EU) targets to upgrade at least 80% of the region's electricity meters with smart meters at every place where it is economical to do so.
With the constantly growing EV market in the region, the installment of EV charging stations across Europe is anticipated to accelerate at a rapid pace. In 2018, the European Investment Bank (EIB) provided ~US$ 44.5 Mn as quasi-equity in Allego Holding BV, a provider and operator of EV charging infrastructure across Europe. The funding is to support EV charging infrastructure in the region.
Europe meter data management system market is expected to grow at a good CAGR during the forecast period. For example, the UK National Grid is working with local Pivot Power LLP for the development of one of the world's largest networks of rapid EV charging stations in the country. The tender envisages the deployment of 2,250 MW of batteries at 45 electric substations across the country. The figure given below highlights the revenue share of Rest of Europe in the Europe meter data management system market in the forecast period:
Rest of Europe Meter Data Management System Market Revenue and Forecasts to 2027 (US$ Mn)
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Europe Meter Data Management System Market–Segmentation
Europe Meter Data Management System Market By Offering
- Software
- Services
Europe Meter Data Management System Market By Utility Type
- Gas
- Water
- Electricity
Europe Meter Data Management System Market By Application
- Smart Grid
- Microgrid
- Energy Storage
- EV Charging
- Others
Europe Meter Data Management System Market By End-User
- Residential
- Commercial
- Industrial
Europe Meter Data Management System Market By Country
- Germany
- France
- Italy
- United Kingdom
- Russia
- Rest of Europe
Europe Meter Data Management System Market-Companies Mentioned
- ABB Ltd.
- Aclara Technologies LLC
- Diehl Metering GmbH
- Eaton Corporation
- Honeywell International, Inc
- Itron Inc
- Kamstrup A/S
- Landis+Gyr Group AG
- Schneider Electric SE
- Siemens AG
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market segmentation
1.3.1 Europe Meter data management system Market – By Offering
1.3.2 Europe Meter data management system Market – By Utility Type
1.3.3 Europe Meter data management system Market – By Application
1.3.4 Europe Meter data management system Market – By End-user
1.3.5 Europe Meter data management system Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Meter Data Management System Market Landscape
4.1 Market Overview
4.1.1 Europe PEST Analysis
4.2 Ecosystem Analysis
4.3 Expert Opinion
5. Europe Meter Data Management System Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Investment in New Technology
5.1.2 Importance of Grid for Eliminatination of outages and reducing losses.
5.1.3 Rapid Growth of Electric Vehicle
5.2 Key Market Restraints
5.2.1 Effect of Interoperability on Investments and Synergies
5.2.2 Technology Exposed to Cyber Threats
5.3 Key Market Opportunities
5.3.1 Investment in Development of Internet Infrastructure to Increase the Demand for Meter Data Management System
5.4 Future Trends
5.4.1 Adoption of Technologies in Meter Data Management System
5.5 Impact Analysis of Drivers and Restraints
6. Meter Data Management System Market – Europe Market Analysis
6.1 Europe Meter data management system
6.2 Europe Meter data management system Market Forecast and Analysis
7. Europe Meter Data Management System Market Analysis– By Offering
7.1 Overview
7.2 Europe Meter Data Management System Market Breakdown, By Offering, 2018 & 2027
7.3 Software
7.3.1 Overview
7.3.2 Europe Software Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. Europe Meter Data Management System Market Analysis – By Utility Type
8.1 Overview
8.2 Europe Meter Data Management System Market Breakdown, By Utility Type, 2018 & 2027
8.3 Gas
8.3.1 Overview
8.3.2 Europe Gas Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Water
8.4.1 Overview
8.4.2 Europe Water Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Electricity
8.5.1 Overview
8.5.2 Europe Electricity Market Revenue and Forecasts to 2027 (US$ Mn)
9. Europe Meter Data Management System Market Analysis – By Application
9.1 Overview
9.2 Europe Meter Data Management System Market Breakdown, By Application, 2018 & 2027
9.3 Smart Grid
9.3.1 Overview
9.3.2 Europe Smart Grid Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Microgrid
9.4.1 Overview
9.4.2 Europe Microgrid Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Energy Storage
9.5.1 Overview
9.5.2 Europe Energy Storage Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 EV Charging
9.6.1 Overview
9.6.2 Europe EV Charging Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Europe Meter Data Management System Market Analysis – By End-User
10.1 Overview
10.2 Europe Meter Data Management System Market Breakdown, By End-User, 2018 & 2027
10.3 Residential
10.3.1 Overview
10.3.2 Europe Residential Market Revenue and Forecasts to 2027 (US$ Mn)
10.4 Commercial
10.4.1 Overview
10.4.2 Europe Commercial Market Revenue and Forecasts to 2027 (US$ Mn)
10.5 Industrial
10.5.1 Overview
10.5.2 Europe Industrial Market Forecast and Analysis
11. Europe Meter Data Management System Market– Country Analysis
11.1.1 Europe Meter data management system Market Breakdown, By Country
11.1.1.1 Germany Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.1.1 Germany Meter data management system Market Breakdown, By Offering
11.1.1.1.2 Germany Meter data management system Market Breakdown, By Utility Type
11.1.1.1.3 Germany Meter data management system Market Breakdown, By Application
11.1.1.1.4 Germany Meter data management system Market Breakdown, By End user
11.1.1.2 France Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.2.1 France Meter data management system Market Breakdown, by Offering
11.1.1.2.2 France Meter data management system Market Breakdown, by Utility Type
11.1.1.2.3 France Meter data management system Market Breakdown, By Application
11.1.1.2.4 France Meter data management system Market Breakdown, By End user
11.1.1.3 Italy Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.3.1 Italy Meter data management system Market Breakdown, By Offering
11.1.1.3.2 Italy Meter data management system Market Breakdown, By Utility Type
11.1.1.3.3 Italy Meter data management system Market Breakdown, By Application
11.1.1.3.4 Italy Meter data management system Market Breakdown, By End user
11.1.1.4 UK Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.4.1 UK Meter data management system Market Breakdown, By Offering
11.1.1.4.2 UK Meter data management system Market Breakdown, By Utility Type
11.1.1.4.3 UK Meter data management system Market Breakdown, By Application
11.1.1.4.4 UK Meter data management system Market Breakdown, By End user
11.1.1.5 Russia Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.5.1 Russia Meter data management system Market Breakdown, By Offering
11.1.1.5.2 Russia Meter data management system Market Breakdown, By Utility Type
11.1.1.5.3 Russia Meter data management system Market Breakdown, By Application
11.1.1.5.4 Russia Meter data management system Market Breakdown, By End user
11.1.1.6 Rest of Europe Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.6.1 Rest of Europe Meter data management system Market Breakdown, By Offering
11.1.1.6.2 Rest of Europe Meter data management system Market Breakdown, By Utility Type
11.1.1.6.3 Rest of Europe Meter data management system Market Breakdown, By Application
11.1.1.6.4 Rest of Europe Meter data management system Market Breakdown, By End user
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 ABB Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Product and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Aclara Technologies LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Product and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Diehl Metering GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Product and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Eaton Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Honeywell International, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Itron Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Product and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Kamstrup A/S
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Landis+Gyr Group AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Schneider Electric SE
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Siemens AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Table 2. Europe Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 3. Europe Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 4. Europe Meter data management system Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 5. Europe Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 6. Germany Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 7. Germany Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 8. Germany Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 9. Germany Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 10. France Meter data management system Market, Revenue and Forecast to 2027 – by Offering (US$ Mn)
Table 11. France Meter data management system Market, Revenue and Forecast to 2027 – by Utility Type (US$ Mn)
Table 12. France Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 13. France Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 14. Italy Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 15. Italy Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 16. Italy Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 17. Italy Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 18. UK Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 19. UK Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 20. UK Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 21. UK Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 22. Russia Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 23. Russia Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 24. Russia Meter data management system Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 25. Russia Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 26. Rest of Europe Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 27. Rest of Europe Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 28. Rest of Europe Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 29. Rest of Europe Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 30. Glossary of Term: Meter data management system Market
LIST OF FIGURES
Figure 1. Europe Meter Data Management System Market Segmentation
Figure 2. Europe Meter Data Management System Market Segmentation - Country
Figure 3. Europe Meter Data Management System Market, by Offering
Figure 4. Europe Meter Data Management System Market, by Utility Type
Figure 5. Europe Meter Data Management System Market Overview
Figure 6. Europe Meter Data Management System Market, by Application
Figure 7. Europe Meter Data Management System Market, by End-User
Figure 8. Europe PEST Analysis
Figure 9. Europe Meter Data Management System Market Ecosystem Analysis
Figure 10. Meter Data Management System Market Expert Opinion
Figure 11. Meter Data Management System Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Meter data management system Market Forecast and Analysis (US$ Mn)
Figure 13. Europe Meter Data Management System Market Breakdown, By Offering, 2018 & 2027 (%)
Figure 14. Europe Software Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Europe Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Europe Meter Data Management System Market Breakdown, By Utility Type, 2018 & 2027 (%)
Figure 17. Europe Gas Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Europe Water Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Europe Electricity Water Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Europe Meter Data Management System Market Breakdown, By Application, 2018 & 2027 (%)
Figure 21. Europe Smart Grid Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Europe Microgrid Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Europe Energy Storage Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Europe EV Charging Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. Europe Meter Data Management System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 27. Europe Residential Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Europe Commercial Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Europe Industrial Market Revenue and Forecasts to 2027(US$ Mn)
Figure 30. Europe Meter data management system Market Breakdown, By Country, 2018 & 2027(%)
Figure 31. Germany Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 32. France Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Italy Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 34. UK Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Russia Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Rest of Europe Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
The List of Companies - Europe Meter Data Management System Market
- ABB Ltd.
- Aclara Technologies LLC
- Diehl Metering GmbH
- Eaton Corporation
- Honeywell International, Inc
- Itron Inc
- Kamstrup A/S
- Landis+Gyr Group AG
- Schneider Electric SE
- Siemens AG