Europe Smart Metering Report 2024: The Installed Base of Smart Energy Meters to Reach 326 Million Across Europe by 2028 - ResearchAndMarkets.com
In terms of shipments, smart meters accounted for around 80 percent of total EU27+3 electricity meter shipments in 2022.
- In terms of shipments, smart meters accounted for around 80 percent of total EU27+3 electricity meter shipments in 2022.
- The smart metering market in Europe remains promising and is set for robust growth in the coming years with a total of close to 110 million smart electricity meters forecasted to be deployed across the region during 2023-2028.
- The rapid development of new wireless technologies for IoT communications has a major impact on the smart metering market in Europe.
- Throughout the forecast period, annual shipment volumes of smart gas meters will remain stable at around 5-6 million units.