The meter data management system market in Asia-Pacific is expected to grow from US$ 185.3 Mn in 2018 to US$ 603.5 Mn by the year 2027 at a CAGR of 15.9% during the forecast period.
The deployment of smart meters in emerging nations of the APAC region is gaining immense traction. The focus on conservation of energy is driving the deployment in these countries. The development of smart grids and burgeoning smart meter deployment across the region is anticipated to bolster the meter data management market. Also, China’s commitment to green development is another key driver for investments in the smart grid as well as AMI rollouts till 2020.
APAC countries, including China, Thailand, Singapore, and South Korea, are noticing increasing adoption of EVs, which is accelerating the number of EV charge stations. Such initiatives are expected to bolster the adoption of meter data management systems across the region.
Asia-Pacific meter data management system market is expected to grow at a good CAGR during the forecast period. . In 2019, Royal Dutch Shell launched EV chargers at petrol stations in Singapore. Also, the Malaysian government has taken initiatives for the development of EV charging stations across the country. It is anticipated that the country will have ~3,000 EV charging stations by the end of 2019. Further, the government of Thailand aims to have ~690 EV charging stations by 2036. Such initiatives are expected to bolster the adoption of meter data management systems across the region.
Rest of Asia-Pacific Meter Data Management System Market Revenue and Forecasts to 2027 (US$ Mn)
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Asia-Pacific Meter Data Management System Market–Segmentation
Asia-Pacific Meter Data Management System Market By Offering
- Software
- Services
Asia-Pacific Meter Data Management System Market By Utility Type
- Gas
- Water
- Electricity
Asia-Pacific Meter Data Management System Market By Application
- Smart Grid
- Microgrid
- Energy Storage
- EV Charging
- Others
Asia-Pacific Meter Data Management System Market By End-User
- Residential
- Commercial
- Industrial
Asia-Pacific Meter Data Management System Market By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Asia-Pacific 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering, Utility Type, Application, End - User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market segmentation
1.3.1 Asia-Pacific Meter data management system Market – By Offering
1.3.2 Asia-Pacific Meter data management system Market – By Utility Type
1.3.3 Asia-Pacific Meter data management system Market – By Application
1.3.4 Asia-Pacific Meter data management system Market – By End-user
1.3.5 Asia Pacific 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. Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia-Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia-Pacific Meter Data Management System Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Adoption of Smart Meters as part of Broader Clean Energy Initiatives
5.1.2 Reduction in Outage Duration by Outage Management System
5.1.3 Rapid Growth of Electric Vehicles have Significantly Increase the Energy Demand
5.2 Key Market Restraints
5.2.1 Lack of Knowledge in Advanced Utility Management Technologies
5.2.2 Requirement for Real-Time Data Tracking
5.3 Key Market Opportunities
5.3.1 Investment in Development of Internet Infrastructure to Bring Robust Urbanization
5.4 Future Trends
5.4.1 Technologies in Meter Data Management System Helps the Government to Make Decision
5.5 Impact Analysis of Drivers and Restraints
6. Meter Data Management System Market – Asia-Pacific Market Analysis
6.1 Asia-Pacificl Meter data management system
6.2 Asia-Pacific Meter data management system Market Forecast and Analysis
7. Asia-Pacific Meter Data Management System Market Analysis – By Offering
7.1 Overview
7.2 Asia-Pacific Meter Data Management System Market Breakdown, By Offering, 2018 & 2027
7.3 Software
7.3.1 Overview
7.3.2 Asia-Pacific Software Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Services
7.4.1 Overview
7.4.2 Asia-Pacific Services Market Revenue and Forecasts to 2027 (US$ Mn)
8. Asia-Pacific Meter Data Management System Market Analysis – By Utility Type
8.1 Overview
8.2 Asia-Pacific Meter Data Management System Market Breakdown, By Utility Type, 2018 & 2027
8.3 Gas
8.3.1 Overview
8.3.2 Asia-Pacific Gas Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Water
8.4.1 Overview
8.4.2 Asia-Pacific Water Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Electricity
8.5.1 Overview
8.5.2 Asia-Pacific Electricity Market Revenue and Forecasts to 2027 (US$ Mn)
9. Asia-Pacific Meter Data Management System Market Analysis – By Application
9.1 Overview
9.2 Asia-Pacific Meter Data Management System Market Breakdown, By Application, 2018 & 2027
9.3 Smart Grid
9.3.1 Overview
9.3.2 Asia-Pacific Smart Grid Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Microgrid
9.4.1 Overview
9.4.2 Asia-Pacific Microgrid Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Energy Storage
9.5.1 Overview
9.5.2 Asia-Pacific Energy Storage Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 EV Charging
9.6.1 Overview
9.6.2 Asia-Pacific EV Charging Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Asia-Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Asia-Pacific Meter Data Management System Market Analysis – By End-User
10.1 Overview
10.2 Asia-Pacific Meter Data Management System Market Breakdown, By End-User, 2018 & 2027
10.3 Residential
10.3.1 Overview
10.3.2 Asia-Pacific Residential Market Revenue and Forecasts to 2027 (US$ Mn)
10.4 Commercial
10.4.1 Overview
10.4.2 Asia-Pacific Commercial Market Revenue and Forecasts to 2027 (US$ Mn)
10.5 Industrial
10.5.1 Overview
10.5.2 Industrial Market Forecast and Analysis
11. Asia-Pacific Meter Data Management System Market–Country Analysis
11.1.1 Asia-Pacific Meter data management system Market Breakdown, By Country
11.1.1.1 China Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.1.1 China Meter data management system Market Breakdown, By Offering
11.1.1.1.2 China Meter data management system Market Breakdown, By Utility Type
11.1.1.1.3 China Meter data management system Market Breakdown, By Application
11.1.1.1.4 China Meter data management system Market Breakdown, By End user
11.1.1.2 Japan Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.2.1 Japan Meter data management system Market Breakdown, By Offering
11.1.1.2.2 Japan Meter data management system Market Breakdown, By Utility Type
11.1.1.2.3 Japan Meter data management system Market Breakdown, By Application
11.1.1.2.4 Japan Meter data management system Market Breakdown, By End user
11.1.1.3 India Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.3.1 India Meter data management system Market Breakdown, By Offering
11.1.1.3.2 India Meter data management system Market Breakdown, By Utility Type
11.1.1.3.3 India Meter data management system Market Breakdown, By Application
11.1.1.3.4 India Meter data management system Market Breakdown, By End user
11.1.1.4 South Korea Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.4.1 South Korea Meter data management system Market Breakdown, By Offering
11.1.1.4.2 South Korea Meter data management system Market Breakdown, By Utility Type
11.1.1.4.3 South Korea Meter data management system Market Breakdown, By Application
11.1.1.4.4 South Korea Meter data management system Market Breakdown, By End user
11.1.1.5 Australia Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.5.1 Australia Meter data management system Market Breakdown, By Offering
11.1.1.5.2 Australia Meter data management system Market Breakdown, By Utility Type
11.1.1.5.3 Australia Meter data management system Market Breakdown, By Application
11.1.1.5.4 Australia Meter data management system Market Breakdown, By End user
11.1.1.6 Rest of Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
11.1.1.6.1 Rest of Asia-Pacific Meter data management system Market Breakdown, By Offering
11.1.1.6.2 Rest of Asia-Pacific Meter data management system Market Breakdown, By Utility Type
11.1.1.6.3 Rest of Asia-Pacific Meter data management system Market Breakdown, By Application
11.1.1.6.4 Rest of Asia-Pacific 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. Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Table 2. Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 3. Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 4. Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – By Application (US$ Mn)
Table 5. Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 6. China Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 7. China Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 8. China Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 9. China Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 10. Japan Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 11. Japan Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 12. Japan Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 13. Japan Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 14. India Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 15. India Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 16. India Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 17. India Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 18. South Korea Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 19. South Korea Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 20. South Korea Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 21. South Korea Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 22. Australia Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 23. Australia Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 24. Australia Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 25. Australia Meter data management system Market, Revenue and Forecast to 2027 – By End user (US$ Mn)
Table 26. Rest of Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – By Offering (US$ Mn)
Table 27. Rest of Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – By Utility Type (US$ Mn)
Table 28. Rest of Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 – by Application (US$ Mn)
Table 29. Rest of Asia-Pacific 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. Asia-Pacific Meter Data Management System Market Segmentation
Figure 2. Asia-Pacific Meter Data Management System Market Segmentation - Country
Figure 3. Asia-Pacific Meter Data Management System Market, by Offering
Figure 4. Asia-Pacific Meter Data Management System Market, by Utility Type
Figure 5. Asia-Pacific Meter Data Management System Market Overview
Figure 6. Meter Data Management System Market, by Application
Figure 7. Asia-Pacific Meter Data Management System Market, by End-User
Figure 8. Asia-Pacific PEST Analysis
Figure 9. Meter Data Management System Market Ecosystem Analysis
Figure 10. Meter Data Management System Market Expert Opinion
Figure 11. Asia-Pacific Meter Data Management System Market Impact Analysis of Drivers and Restraints
Figure 12. Asia-Pacific Meter data management system Market Forecast and Analysis (US$ Mn)
Figure 13. Asia-Pacific Meter Data Management System Market Breakdown, By Offering, 2018 & 2027 (%)
Figure 14. Asia-Pacific Software Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Asia-Pacific Services Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Asia-Pacific Meter Data Management System Market Breakdown, By Utility Type, 2018 & 2027 (%)
Figure 17. Asia-Pacific Gas Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Asia-Pacific Water Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Asia-Pacific Electricity Water Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Asia-Pacific Meter Data Management System Market Breakdown, By Application, 2018 & 2027 (%)
Figure 21. Asia-Pacific Smart Grid Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Asia-Pacific Microgrid Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Asia-Pacific Energy Storage Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Asia-Pacific EV Charging Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Asia-Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. Asia-Pacific Meter Data Management System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 27. Asia-Pacific Residential Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Asia-Pacific Commercial Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. Asia-Pacific Industrial Market Revenue and Forecasts to 2027(US$ Mn)
Figure 30. Asia-Pacific Meter data management system Market Breakdown, By Country, 2018 & 2027(%)
Figure 31. China Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Japan Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 33. India Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 34. South Korea Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Australia Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Rest of Asia-Pacific Meter data management system Market, Revenue and Forecast to 2027 (US$ Mn)
The List of Companies - Asia-Pacific 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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