List Of Figures
Figure 1: Mexico Smart Meter Product Market Size – By Value 2016 To 2027f (In USD Billion)
Figure 2: Mexico Smart Meter Product Market Share By Type (2016, 2021 & 2027f)
Figure 3: Mexico Smart Meter Product Market Share By Technology (2016, 2021 & 2027f)
Figure 4: Market Attractiveness Index, By Type
Figure 5: Market Attractiveness Index, By Technology
Figure 6: Market Attractiveness Index, By End User
Figure-7: Porter's Five Forces Meter Of Smart Meter Industry In Mexico
List of Tables
Table 1: Mexico Smart Meter Market Share By End User 2016 To 2027f
Table 2: Mexico Smart Meter Market Size By Electric Smart Meter (2016 To 2027f) In USD Million
Table 3: Mexico Smart Meter Market Size By Gas Smart Meter (2016 To 2027f) In USD Million
Table 4: Mexico Smart Meter Market Size By Water Smart Meter (2016 To 2027f) In USD Million
Table 5: Mexico Smart Meter Market Size By AMI (2016 To 2027f) In USD Million
Table 6: Mexico Smart Meter Market Size By AMR (2016 To 2027f) In USD Million
Table 7: Mexico Smart Meter Market Size By Industrial (2016 To 2027f) In USD Million
Table 8: Mexico Smart Meter Market Size By Commercial (2016 To 2027f) In USD Million
Table 9: Key Facts Of Company 1
Table 10: Key Facts Of Company 2
Table 11: Key Facts Of Company 3
Table 12: Key Facts Of Company 4
Table 13: Key Facts Of Company 5
Table 14: Key Facts Of Company 6
Table 15: Key Facts Of Company 7
Table 16: Key Facts Of Company 8
Safe and Secure SSl Encryption
Licensing options
1950
USD
You can select one of these options upon checking out
Allows one individual to access the purchased report
Allows up to five individuals to access the purchased report
Allows all employees of an organization to access the purchased report. Internal sharing only
Allows all employees of an organization to access the purchased report. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral
Use NEW to avail $ 100 discount
Toll-free +44 800 1026595
Email us on:- sales@actualmarketresearch.com
Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
We offer $1000 worth of FREE customization at the time of purchase
80% of the clinet request tailor made solution, how can we help you?
Avail customized purchase options to meet your exact research needs:
Order Placed (28 November, 2023)
Notify To Team (28 November, 2023)
Report updation (29 November, 2023)
Report Quality Check (29 November, 2023)
Report Dispatch (30 November, 2023)
Hard Copy
READY TO MIX MARKET HAS HELPED US TO UNDERSTAND PRODUCT, PRICE & VARIENTS OF ALL THE COMPETITION INCLUDING SMALL STARTUPS/REGIONAL PLAYERS.
CEO
ASHISH ARORA
BEING A STARTUP WE WERE NOT AWARE ABOUT E-COMMERCE LOGISTICS, THE REPORT HAS RESOLVED ALL OUR QUERIES. THE TEAM HAVE IN DEPTH KNOWLEDGE OF LOGISTICS. REMARKABLE!!
EXECUTIVE DIRECTOR
RAHUL ROY
THE REPORT WAS GOOD FOR OUR STUDY, I WOULD STRONGLY RECOMMEND ACTUAL MARKET RESEARCH. A VERY CUSTOMER CENTRIC AND APPROACHABLE TEAM.
SALES DIRECTOR
ARJUN PRASAD
THE COMPANY WHICH THOROUGHLY UNDERSTANDS INDIAN CONSUMER AND INDIAN MARKET. WE ARE REALLY HAPPY TO WORK WITH ACTUAL MARKET RESEARCH
President
MANISH VERMA
ACTUAL MARKET RESEARCH DID AN OUTSTANDING WORK ON GLOBAL HAND SANITIZER PROJECT. IT WAS INDEED A COMPREHENSIVE REPORT THAT GAVE US REVENUE IMPACTING SOLUTION ENABLING US TO PLAN THE RIGHT MOVE.
MARKETING DIRECTOR
BALRAJ BHANOT
THE STUDY DONE BY ACTUAL MARKET RESEARCH WAS CUSTOMIZED WITH ALL OUR NEEDS. WE WERE EXTREMELY IMPRESSED BY THE SIMPLE BUT COMPREHENSIVE PRESENTATION OF THE STUDY AND THE QUALITY OF WORK DONE.
PRODUCT MANAGER
MATTHEW
I’M GLAD I DECIDED TO WORK WITH YOU. THANKFUL TO THE TEAM FOR THE AMAZING COORDINATION, IT WAS INDEED A GOOD EXPERIENCE, WOULD DEFINITELY RECOMMEND AND COME BACK FOR FUTURE PROSPECTS.
ASSOCIATE DIRECTOR
TONNY WOOD
In North America, Mexico is the leader in smart meter production and its 79% is exported to American countries, but its penetration on home ground remains low. However, with the smart city development programmes entrusted by the government, Mexico is slowly moving towards clean energy goals. This will enable urban development, mobility, and safety through effective data collection, analysis, and block chain. A smart city is an interconnected system with new technologies to manage public transportation and efficient use of energy and water resources. In today’s fast adapting, technology-savvy young populace, it is not alien and leads to the digital transformation of the city. Mexico is not 100% smart but has 4 declared smart cities by the Inter-American Development Bank. These are Maderas in Queretaro, Ciudad Creativa and Tequila in Jalisco, and Smart Puebla as intelligent zones.
According to the report title “Mexico Smart Meter (Gas, Electricity & Water) Market Overview, 2027”, published by Actual Market research (ActualMR), the smart meter market in Mexico is expected to grow by over 6% during the forecast period ending in 2027. Historically, the market grew by 34%, which is slower than some other countries in North America. Electric smart meters have nearly 60% of installations in Mexico, and smart water meters are the fastest growing type, at a growth rate of 9% over the forecast period. Smart gas meters are still in their infancy in Mexico as the utilities are not yet prepared for their mass deployment. AMR meters have more than a 35% market share in Mexico as the second generation metering is being deployed at a slow rate. Despite the fact that Mexico manufactures a large number of smart metres for export to the United States, its own consumption remains quite low.In Mexico, commercial users account for less than 20% of the market, while industrial users have a negligible market share.Residential users are large-scale users of smart electric meters as they have the first mover advantage in the market. It is estimated that at the end of 2020, almost 17 Million smart meters will be installed in Mexico.
Smart metering and smart grid network development go hand in hand, and as either one is always evolving, it pushes the other to grow further. This offers utilities and consumers the ability to better control and monitor the use of resources. The Internet of Things (IoT) offers greater connectivity for energy management. There are multiple ways in which smart meters connect to the central database. The connection can be achieved through cellular networks, pager networks, PLC, Wi-Fi, and mesh networking. Today, the type of networks used varies across all types of environments, and there doesn't seem to be an optimal way in which the power company can connect to its meters. The different types of connections perform better or worse depending on the type of environment (i.e., urban, suburban, or rural). Smart meters often replace previously installed but not connected utility-monitoring devices (unless being installed in a new building) and are connected to the entity's existing utility lines. Previously, when using no connected energy meters, a worker from the power company, often referred to as a meter reader, would have to come to a particular building and look at the meter to check usage. This could be a tedious process and result in incorrect billing because of human error or the need for estimated billings rather than actual billings if a meter reader could not get to a given meter in a certain timeframe.
CFE is Mexico’s single electric utility provider, servicing nearly 34 million customers countrywide. TWACS technology is being deployed as part of CFE’s AMI project in Mexico. It is an expanded deployment of pole-mounted and socket-type TWACS AMI solutions in Acapulco, an important seaport served by CFE’s South Central division to support the utility’s AMI project. A key feature of this AMI implementation is the installation of in-home displays that will allow CFE to enhance its customer service through improved communications. The TWACS system is a proven fixed network solution that uses patented technology to transmit data over power lines. TWACS offers two-way communication to electric meters and provides timely and accurate billing information, load control, demand response, and outage detection and assessment. With this system, utilities can effectively manage customer data and reduce costs while enabling innovation and providing superior customer service.
The hard water, debris, and wear and tear of mechanical meters degrade the accuracy of conventional meters over a period of time. The volume of water loss apparently increases, causing the utility to lose billable water revenue. Utilities are beginning to realize the benefits of water loss caused by municipalities on a daily basis. It wastes money, causes extensive infrastructure damage and depletes natural resources. Smart water meters can help governments to minimize water loss, increase billable revenues, decrease operational costs and maintenance expenses, and create a healthier, greener environment. All these factors are causing smart water meter technology to grow rapidly over the forecast period in Mexico.
Considered in this report
• Geography: Mexico
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• Mexico smart meter market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation
By type
• Electric
• Gas
• Water
By technology
• AMI
• AMR
By end user
• Industrial
• Commercial
• Residential
The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to smart meter industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Keywords: smart meter, smart water meter, smart electric meter, smart gas meter, energy, consumption, Electric, water, gas, consumer, billing, bill, government, AMI, AMR, residential, industrial, commercial, hardware, software, three phase, single phase, Mexico, Mexicali, Saltillo, Toluca, Morelia, Veracruz, Cancun, Santiago, Leon, Durango, Ciudad Juarez, Merida, San Luis Potosi, Monterrey, Puebla, Guadalajara.
Read More