Comparing 5 vendors in Smart Meter Startups across 0 criteria.
Comprehensive Company Analysis - Business strategy, SWOT, financials, growth areas, M&A moves
Market Position & Share Insights - Visual competitive landscape (like the quadrant above)
Segment-level Benchmarking - Product, region, and end-user vertical
Image & Report PDF Downloads - Ready-to-use for presentations and strategy sessions
Demand Generation [Optional Buy] - License quadrant to drive demand & showcase leadership
Summary
The global smart meter market represents a significant leap in utility management, merging advanced technology and innovative solutions to address contemporary energy and resource challenges. Smart meters transform the traditional utility landscape, allowing for automated data acquisition, precise monitoring, and efficient electricity, gas, and water consumption management. Through these technologies, utility providers can engage in two-way communication, optimize billing processes, enhance customer service, and improve asset management.
Key Market Drivers and Applications:
Several factors are driving the smart meter market's growth. Government incentives geared toward grid modernization, energy consumption monitoring, and the need for carbon neutrality are critical motivators. Additionally, the global rise in electric vehicle adoption and the requirement for real-time energy usage data in reducing non-revenue water loss are pivotal applications prompting market expansion.
360Quadrants Evaluation Framework for Smart Meter Startups
The 360 Startup/SMEs evaluation matrix provides a comprehensive company assessment of major start-ups and SMEs offering the Smart Meter Quadrant. It outlines key findings and analyzes how effectively each market vendor performs based on predefined competitive leadership mapping criteria. Vendor evaluations are conducted based on product footprint and market share/rank. Each category includes various criteria upon which the vendors are assessed. The top criteria for product footprint evaluation included Communication Technology (Radiofrequency (RF), power line communication (PLC), and cellular technology), Component (Hardware and Software), and Technology (Automatic meter reading (AMR) and advanced metering infrastructure (AMI).
Startups/SME Companies in the Smart Meter Landscape
Minsait
Minsait, a subsidiary of the Indra Group based in Spain, is a vital force in digital transformation through its advanced innovative metering solutions, focusing on energy efficiency across multiple utilities such as electricity, gas, and water. With its prominent Onesait Metering platform, Minsait supports utilities worldwide in enhancing digital transformation processes. Minsait's collaboration with Bahrain's Electricity and Water Authority recently led to significant improvements in asset management and consumer services.
Itron Inc.
Itron Inc., a U.S.-based company, specializes in developing comprehensive infrastructure and analysis systems to optimize water management and grid operations. Known for partnerships like those with TasWater, Itron is actively enhancing its global reach by addressing operational efficiency and advancing its technological frameworks.
OSAKI Electric Co., LTD. (EDMI)
Headquartered in Singapore, OSAKI Electric, through its subsidiary EDMI, offers substantial contributions to the global smart meter market, focusing on integrated energy solutions. The company has recently ventured into smart residential metering in the UK, showcasing its commitment to technological innovations.
Kamstrup A/S
Operating out of Denmark, Kamstrup A/S provides innovative metering solutions designed to meet the demands of modern utilities. Their partnership with Hjørring Vandselskab to implement cutting-edge digital water management systems exemplifies their dedication to environmental and operational sustainability.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Years Considered
1.3.3 Inclusions and Exclusions
1.4 Currency Considered
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
2 MARKET OVERVIEW
2.1 Introduction
2.2 Market Dynamics
2.2.1 Drivers
2.2.1.1 Government focus on modernizing grid infrastructure
2.2.1.2 Greater emphasis on cutting energy bills by monitoring real-time consumption
2.2.1.3 Dynamic electricity pricing
2.2.1.4 High adoption of preventive measures against grid blackouts and utility system failures
2.2.1.5 Increased need to monitor energy consumption to achieve carbon neutrality
2.2.2 Restraints
2.2.2.1 High setup and operational costs, coupled with interoperability issues
2.2.2.2 Concerns related to consumer acceptance and ROI delays
2.2.3 Opportunities
2.2.3.1 Pressing need to reduce non-revenue water losses
2.2.3.2 Focus of governments worldwide on reducing aggregate technical and commercial losses in power grids
2.2.3.3 Integration of AI and ML technologies into smart meters
2.2.3.4 Rising adoption of electric and hybrid vehicles
2.2.3.5 Increasing focus of developing countries on improving water distribution networks
2.2.4 Challenges
2.2.4.1 Requirement for highly skilled professionals, coupled with data privacy and security concerns
2.2.4.2 Complexities in building reliable connections between smart meters and smart grid devices
2.3 Trends/Disruptions Impacting Customer Business
2.4 Industry Trends
2.5 Value Chain Analysis
2.6 Ecosystem Analysis
2.7 Technology Analysis
2.7.1 Key Technologies
2.7.1.1 Advanced metering infrastructure (AMI)
2.7.1.2 Virtual time of Use (VTOU)
2.7.2 Complementary Technologies
2.7.2.1 Home energy management systems (HEMS)
2.7.3 Adjacent Technologies
2.7.3.1 Smart grid
2.7.3.2 Cybersecurity solutions for smart meters
2.8 Patent Landscape
2.9 Patent Analysis
2.10 Trade Analysis
2.10.1 Export Scenario (HS Code 9028)
2.10.2 Import Scenario (HS Code 9028)
2.11 Key Conferences and Events, 2025
2.12 Regulatory and Policy Framework
2.13 Porter’s Five Forces Analysis
2.13.1 Threat of Substitutes
2.13.2 Bargaining Power of Suppliers
2.13.3 Bargaining Power of Buyers
2.13.4 Threat of New Entrants
2.13.5 Intensity of Competitive Rivalry
2.14 Pricing and Cost Analysis
2.15 Investment and Funding Scenario
2.16 Impact of Gen AI/AI on Smart Meter Market
2.16.1 Adoption of Gen AI/AI for Smart Meter Applications
2.16.2 Impact of Gen AI/AI on Smart Meter Supply Chain, By Region
2.17 Global Macroeconomic Outlook
2.17.1 Introduction
2.17.2 Rise in Smart Grid Investments Worldwide
2.17.3 Technological Advancements
2.17.4 Government Support and Regulatory Mandates
2.17.5 Strong Focus of Consumers on Adopting Energy-Efficient Products
3 COMPETITIVE LANDSCAPE
3.1 Overview
3.2 Key Player Strategies/Right to Win, 2020–2025
3.3 Market Share Analysis, 2023
3.4 Revenue Analysis, 2019–2023
3.5 Company Valuation and Financial Metrics, 2025
3.6 Product Comparison
3.7 Company Evaluation Matrix: Startups/SMEs, 2023
3.7.1 Progressive Companies
3.7.2 Responsive Companies
3.7.3 Dynamic Companies
3.7.4 Starting Blocks
3.7.5 Competitive Benchmarking: Startups/SMEs, 2023
3.7.5.1 Detailed list of key startups/SMEs
3.7.5.2 Competitive benchmarking of key startups/SMEs
3.8 Competitive Scenario
3.8.1 Product Launches
3.8.2 Deals
3.8.3 Expansions
3.8.4 Other Developments
4 COMPANY PROFILES
4.1 Other Players
4.1.1 Business overview
4.1.2 Products/Solutions/Services offered
4.1.3 Recent developments
4.2 JIANGSU LINYANG ELECTRONICS
4.2.1 Business overview
4.2.2 Products/Solutions/Services offered
4.2.3 Recent developments
4.3 HEXING ELECTRICAL CO. LTD.
4.3.1 Business overview
4.3.2 Products/Solutions/Services offered
4.3.3 Recent developments
4.4 NETWORKED ENERGY SERVICES
4.4.1 Business overview
4.4.2 Products/Solutions/Services offered
4.4.3 Recent developments
4.5 PIETRO FIORENTINI S.P.A.
4.5.1 Business overview
4.5.2 Products/Solutions/Services offered
4.5.3 Recent developments
4.6 SECURE METERS LTD.
4.6.1 Business overview
4.6.2 Products/Solutions/Services offered
4.6.3 Recent developments
4.7 WEGOT UTILITY SOLUTIONS PVT LTD.
4.7.1 Business overview
4.7.2 Products/Solutions/Services offered
4.7.3 Recent developments
4.8 AXIOMA METERING
4.8.1 Business overview
4.8.2 Products/Solutions/Services offered
4.8.3 Recent developments
4.9 DRIZZLEX, INC.
4.9.1 Business overview
4.9.2 Products/Solutions/Services offered
4.9.3 Recent developments
4.10 CONSERVATION LABS, INC.
4.10.1 Business overview
4.10.2 Products/Solutions/Services offered
4.10.3 Recent developments
4.11 BOVE TECHNOLOGY
4.11.1 Business overview
4.11.2 Products/Solutions/Services offered
4.11.3 Recent developments
May 2025
Smart Energy International
