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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
At a time when energy prices are continuing to climb, smart metres are a critical tool for European consumers and utilities.
Advanced metering data can be utilised to provide consumers with recommendations on how to best optimise their energy usage and lower their bills.
The majority of Western and Northern European countries have finished or are nearing completion of smart metre implementation. As a result, the smart metres that will be put in the region will be second-generation smart metres.
TheEurope Smart Meter Marketaccounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.
The consortium made up of Arcus European Infrastructure Fund 2 and GLIL has signed a contract to buy Smart Meter Assets 1 Ltd, a UK energy infrastructure provider, outright from BUUK Infrastructure No. 2 Ltd. This is something that Arcus Infrastructure Partners and GLIL Infrastructure are happy to announce.
SMA finances and leases smart metres to energy companies under long-term contracts, making it the fifth-largest provider of metre assets in the UK's electricity and gas markets. With over 2 million smart metres projected to be installed, SMA currently has a metre portfolio of about 1.6 million installed metres.
With contracts in place with the majority of household energy suppliers and two main clients in OVO Energy and Utility Warehouse, the company has contracted to cover SMA's metre portfolio.
While continuing to fortify its connections with OVO Energy and Utility Warehouse, SMA expects to negotiate contracts with more clients in the future, increasing contracted cashflows and diversifying its clientele.
Arcus is a coinvestor in GLIL, a £2.5 billion infrastructure fund supported by Northern LGPS and Local Pensions Partnership. GLIL stated that it had been chosen to join with Nest, a government-established provider of workplace pensions, as an infrastructure investment partner.
GLIL has made eleven investments since its founding, and a number of them have benefited the UK's energy transition.
Panasonic is introducing a set of smart gas solutions for utilities in Europe as they complete their smart metre rollouts.
Samsung SmartThings Energy is a free solution that allows customers of any UK retailer to combine their smart metre data with the service to regulate the energy usage of their household appliances from anywhere.
Siemens, a top-tier global technology corporation, is the manufacturer of the PAC3200, a cutting-edge smart electric meter. It is made to offer accurate and dependable energy measurement and monitoring capabilities, making it a crucial tool for several applications in residential, commercial, and industrial settings.
The PAC3200 is a digital energy meter at its core, utilizing cutting-edge technology to precisely measure electrical characteristics like voltage, current, power, energy consumption, power factor, and frequency.
Understanding and optimizing energy usage patterns will boost energy efficiency and result in cost savings for utilities, facility managers, and end users that rely on this data.
The meter can be utilized in a variety of electrical systems, from single-phase to three-phase installations, thanks to its adaptability. It is simple to integrate into pre-existing electrical panels and switchboards because to its small size and DIN-rail installation.
The PAC3200's communication abilities are one of its most important characteristics. It can be seamlessly integrated into SCADA (Supervisory Control and Data Acquisition) systems and smart grid infrastructure thanks to its variety of communication interfaces, including Modbus, Profibus, and Ethernet.
Users are given real-time data access, remote monitoring, and control capabilities thanks to this connectivity, which boosts operational effectiveness and makes demand-side management easier.
The meter's great accuracy, which is approximately 0.2% of the measured values, guarantees accurate billing. Additionally, it is ideal for a variety of environmental circumstances thanks to its wide operating temperature range.
The PAC3200 has an intuitive user interface and a sizable, backlit LCD display that offers information that is both clear and easy to read. Users may easily access different parameters, view historical data, set alarms, and customize communication settings thanks to the menu system's straightforward navigation.
The PAC3200 has the ability to measure energy as well as offer sophisticated power quality monitoring. Power disturbances including voltage sags, swells, harmonics, and flicker can be found and analyzed.
The risk of equipment damage and downtime is lower because to the preventative maintenance made possible by identifying these power quality issues. Multiple built-in precautions on the meter ensure its safe and dependable operation.
These safeguards, which add another degree of security to the electrical infrastructure, include overload protection, reverse power detection, and tamper detection. In the modern world, energy efficiency is of utmost importance, and the PAC3200 is crucial in encouraging environmentally friendly behaviors.
It promotes energy saving efforts and makes it easier to incorporate renewable energy sources by giving consumers access to detailed data on energy consumption. Modern technology, such the Siemens PAC3200 smart electric meter, provides precise and extensive energy metering and monitoring capabilities.
It is a useful tool for utilities, facility managers, and end users looking to optimize their energy usage, lower expenses, and improve overall energy efficiency because of its adaptability, communication interfaces, and power quality monitoring features.
The PAC3200 sets a high bar for smart electric meters, helping to create a more sustainable and intelligent energy future with its user-friendly interface and strong protection features. It is designed to meet the strict requirements of industrial, commercial, and residential applications and is a member of the PAC (Power Analyzer and Controller) family.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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