Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1451001
PUBLISHER: IMARC | PRODUCT CODE: 1451001
Prepaid Electricity Metering Market Report by Type, Component, Phase, End User, and Region 2024-2032
PUBLISHED:
PAGES: 138 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global prepaid electricity metering market size reached US$ 6.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.7% during 2024-2032.
The efficient utilization of electricity currently represents one of the biggest concerns around the world. This has resulted in a shift from convention electromechanical meters to prepaid electricity meters as they provide better security and control and enable users to pay for electricity in advance as well as keep track of the electricity consumed. Besides this, prepaid electricity meters help minimize the gap between the cost of power supply and revenue realized by ensuring timely payments. Consequently, their utilization is increasing in both the emerging and developed economies.
Prepaid Electricity Metering Market Trends:
At present, there is a significant rise in the demand for energy security across the globe. As energy conservation and efficient utilization of power are key aspects of energy security, there is an increase in the overall sales of prepaid electricity meters across the globe. These meters instantly provide data of power consumption, which is then analyzed by users to control the use and stabilize energy demands. Besides this, prepaid electricity meters are getting more preference, especially in emerging economies, as the leading electricity firms are focusing on reducing their financial losses due to consumers' reluctance or inability to make bill payments on time. Furthermore, governments of numerous countries are mandating the utilization of prepaid electricity meters to minimize human intervention in metering, billing and collection.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global prepaid electricity metering market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, component, phase and end user.
Breakup by Type:
Thin Meter Based Solutions
Thick Meter Based Solutions
Breakup by Component:
Hardware
Software
Services
Breakup by Phase:
Single Phase
Three Phase
Breakup by End User:
Commercial
Industrial
Residential
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Accenture Plc, Aclara Technologies LLC (Hubbell Incorporated), Calico Energy Inc., Elster Group GmbH (Honeywell International Inc.), Exceleron Software LLC, HCL Technologies Limited, Infosys Limited, Itron Inc., KAMSTRUP A/S, Landis+Gyr, Oracle Corporation, PayGo Electric, Siemens AG and Wipro Limited.
Key Questions Answered in This Report
- 1. What was the size of the global prepaid electricity metering market in 2023?
- 2. What is the expected growth rate of the global prepaid electricity metering market during 2024-2032?
- 3. What are the key factors driving the global prepaid electricity metering market?
- 4. What has been the impact of COVID-19 on the global prepaid electricity metering market?
- 5. What is the breakup of the global prepaid electricity metering market based on the type?
- 6. What is the breakup of the global prepaid electricity metering market based on the component?
- 7. What is the breakup of the global prepaid electricity metering market based on the phase?
- 8. What is the breakup of the global prepaid electricity metering market based on the end user?
- 9. What are the key regions in the global prepaid electricity metering market?
- 10. Who are the key players/companies in the global prepaid electricity metering market?
Product Code: SR112024A2402
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Prepaid Electricity Metering Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Thin Meter Based Solutions
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Thick Meter Based Solutions
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Component
- 7.1 Hardware
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Software
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Services
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Phase
- 8.1 Single Phase
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Three Phase
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End User
- 9.1 Commercial
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Industrial
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Residential
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Accenture Plc
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Aclara Technologies LLC (Hubbell Incorporated)
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 SWOT Analysis
- 15.3.3 Calico Energy Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Elster Group GmbH (Honeywell International Inc.)
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Exceleron Software LLC
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 HCL Technologies Limited
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Infosys Limited
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Itron Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 KAMSTRUP A/S
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Landis+Gyr
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 SWOT Analysis
- 15.3.11 Oracle Corporation
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 PayGo Electric
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.13 Siemens AG
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.13.3 Financials
- 15.3.13.4 SWOT Analysis
- 15.3.14 Wipro Limited
- 15.3.14.1 Company Overview
- 15.3.14.2 Product Portfolio
- 15.3.14.3 Financials
- 15.3.14.4 SWOT Analysis
- 15.3.1 Accenture Plc
Product Code: SR112024A2402
List of Figures
- Figure 1: Global: Prepaid Electricity Metering Market: Major Drivers and Challenges
- Figure 2: Global: Prepaid Electricity Metering Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Prepaid Electricity Metering Market: Breakup by Type (in %), 2023
- Figure 4: Global: Prepaid Electricity Metering Market: Breakup by Component (in %), 2023
- Figure 5: Global: Prepaid Electricity Metering Market: Breakup by Phase (in %), 2023
- Figure 6: Global: Prepaid Electricity Metering Market: Breakup by End User (in %), 2023
- Figure 7: Global: Prepaid Electricity Metering Market: Breakup by Region (in %), 2023
- Figure 8: Global: Prepaid Electricity Metering Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 9: Global: Prepaid Electricity Metering (Thin Meter Based Solutions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Prepaid Electricity Metering (Thin Meter Based Solutions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Prepaid Electricity Metering (Thick Meter Based Solutions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Prepaid Electricity Metering (Thick Meter Based Solutions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Prepaid Electricity Metering (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Prepaid Electricity Metering (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Prepaid Electricity Metering (Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Prepaid Electricity Metering (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Prepaid Electricity Metering (Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Prepaid Electricity Metering (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Prepaid Electricity Metering (Single Phase) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Prepaid Electricity Metering (Single Phase) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Prepaid Electricity Metering (Three Phase) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Prepaid Electricity Metering (Three Phase) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Prepaid Electricity Metering (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Prepaid Electricity Metering (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Prepaid Electricity Metering (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Prepaid Electricity Metering (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Prepaid Electricity Metering (Residential) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Prepaid Electricity Metering (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: North America: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: North America: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: United States: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: United States: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Canada: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Canada: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Asia Pacific: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Asia Pacific: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: China: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: China: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Japan: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Japan: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: India: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: India: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: South Korea: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: South Korea: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Australia: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Australia: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Indonesia: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Indonesia: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Others: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Others: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Europe: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Europe: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Germany: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Germany: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: France: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: France: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: United Kingdom: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: United Kingdom: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Italy: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Italy: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Spain: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Spain: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Russia: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Russia: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Latin America: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Latin America: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Brazil: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Brazil: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Mexico: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Mexico: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Others: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Others: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Middle East and Africa: Prepaid Electricity Metering Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Middle East and Africa: Prepaid Electricity Metering Market: Breakup by Country (in %), 2023
- Figure 77: Middle East and Africa: Prepaid Electricity Metering Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Global: Prepaid Electricity Metering Industry: SWOT Analysis
- Figure 79: Global: Prepaid Electricity Metering Industry: Value Chain Analysis
- Figure 80: Global: Prepaid Electricity Metering Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Prepaid Electricity Metering Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Prepaid Electricity Metering Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Prepaid Electricity Metering Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 4: Global: Prepaid Electricity Metering Market Forecast: Breakup by Phase (in Million US$), 2024-2032
- Table 5: Global: Prepaid Electricity Metering Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 6: Global: Prepaid Electricity Metering Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Prepaid Electricity Metering Market Structure
- Table 8: Global: Prepaid Electricity Metering Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.