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Smart Metering – List of Top Smart Energy Meter Manufacturers Growing Smaller as Consolidation gains pace

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The Smart Meter Industry like the rest of the Smart Grid Industry is seeing an astounding pace of consolidation as big industrial conglomerates like Siemens,ABB,Schneider Electric and others gobble up smaller companies at a rapid pace.Smart Meter Manufacturers which were already not many are growing even smaller as the smaller independent companies are acquired by the larger more established giant MNCs.The Energy Efficiency and the Smart Grid industries will see a rapid growth as the demand grows for reducing global greenhouse emissions,increasing amounts of renewable energy integration into the grid and rising prices of fossil fuels.Unlike solar and wind industry,independent companies in the Smart Grid are not as large as they require relationships with utilities,a bigger portfolio of products and longer history to survive.Bigger companies like Cisco,Honeywell,GE have mentioned the importance of Energy Efficiency and are going all out to achieve dominance.Smart Meter Manufacturers which traditionally had a presence in the water and gas metering area have found a huge growth area in the Electricity Smart Metering industry.With the power grid almost a 100 years old,newer smarter meters are needed as essential pieces of infrastructure to implement a smart grid.Here is a list of the major smart meter manufacturers.

ItronIt is the largest manufactures of smart meters in the world with a huge marketshare in its home American market.Itron(NSDQ: ITRI) is one of the biggest independent smart grid companies in the world with 8000 utility customers.It has used its expertise in making meters for gas and water to win large contracts in the electric smart metering market as well.It has won contracts from SCE,DTE Energy,Center Point Energy amongst others.The company sells end-to-end smart grid and smart distribution solutions to electric, gas and water utilities around the globe. Our company is the world’s leading provider of smart metering, data collection and utility software systems.It generated revenues o f$2.26 billion in 2010 and has over 9000 employees.

Elster GroupElster is a leading manufacturer in Advanced Metering Infrastructure (AMI) and integrated metering and utilization solutions to the gas, electricity and water industries.Elster is a US based private company that has a 170 year old history where a number of times its ownership changed hands.Elster electricity meters are used for residential, commercial and industrial, and interchange metering applications. They support both Automated Meter Reading (AMR) and AMI systems..

General Electric GE as it is popularly known is one of the biggest players in the Green Industry globally.It generated $18 billion in Ecomagination revenues in 2009 with $1.5 Billion in Investment.General Electric like other industrial conglomerates like Siemens,Areva and others are in fact low risk plays in the Green Investing sector.GE is strong across most of the Green Sectors today particularly in the area of Smart Grid and Energy Efficiency.GE is not that big in the Smart Meter market but with its overarching scale it has quickly won a number of contracts like the one with FPL.

Landis+Gyr – This Swiss-based PE bakced private company has a leading position in the European markets and has started  winning contracts in USA as well .With an installed base of over 300 million electricity meters Landis+Gyr is amongst the top 5 smart meter manufacturers.The company has recently put itself for sale inviting bids from a number of companies around the world from companies like Toshiba,ABB,Honeywell,Ge and other Private Equity companies with a price being rumored of $2 billion.The company has a turnover of $1.3 billion with EBITDA of $200 million and over 5000 employees.Based in Zug, Switzerland, it introduced electronic meters in 1981.Through the late 90s the company saw a series of different investors and owners, including Elektrowatt, KKR and Siemens. In 2004 Bayard Capital of Australia purchased the company with a vision of building the premier energy management company in the world that would combine positive environmental outcomes with the company’s culture.

Schieder Electric – One of the biggest electrical and energy equipment suppliers in the world,Schneider has been one of the most aggressive in M&A recently.The company provides energy efficiency solutions to residential market, buildings, Industry & Infrastructure, and data centres.The company’s range of services and products is quite awesome and provides a holistic solution to its customers.Though not a major player in the smart meter market yet,the company cannot be underestimated in the future.

There are a number of other smart meter manufacturers as well like Holley Metering,Iskraemeco etc .However these companies are relatively small compared to the big guys listed above


Abhishek Shah

7 Responses so far | Have Your Say!

  1. Alan McGuinness

    I just wish to say that the above smart technology is fantastic. However I can even make it more sustainable via our low cost GSM data communication download service @ €0.30 per customer per month. That cannot be provided by any other network.
    Contact me

  2. Cassie

    That is very fascinating, You’re an excessively skilled blogger. I’ve joined your feed and look ahead to in the hunt for more
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  3. paliwal

    secure meter and where are other indian companies in this list

  4. Windy

    Just moved to home with smart meter.My previous home had the old analog meter.
    I have been sick as a dog since I moved in and it just gets worse.
    It appears these things are health hazards. There are a lot of horror stories out there about these meters.


    Please note that ELECTRONIC CORPORATION OF INDIA LTD a Central Government organisation in INDIA is one of the world best leading company also manufacturing SMART ELECTRONIC ENERGY METERS which also confirms to all IS, IEC, CE etc standards. Compare to any other product it available at most competitive price. If you require any information, feel free to contact us.

  6. SwaminathanS

    Will you be interested to share the technolgy for manufacturing

  7. George Banda

    Please kindly send me quotation for smart meters