Europe Meter Data Management System Market Growth and Analysis by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

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)

Report Date : Jan 2020
Report Code : TIPRE00008597

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 142

Page Updated: Feb 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

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)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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

Europe Meter Data Management System Report Scope

Report Attribute	Details
Market size in 2018	US$ 274.4 Million
Market Size by 2027	US$ 961.8 Million
Global CAGR (2019 - 2027)	14.6%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Offering Software Services By Utility Type Gas Water Electricity By Application Smart grid Microgrid Energy Storage EV Charging By End - User Residential Commercial Industrial
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	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

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the Europe Meter Data Management System Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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