Smart Metering Component Video (English)

By 2026, the global smart meter market is projected to reach $44.18 billion to answer desires for sustainability, efficient consumption, and economical advantages.

With smart meters installed at home, consumers can easily view current energy usage, identify devices and appliances that consume a high amount of energy through their mobile devices. This can motivate consumers to either change their consumption behavior or buy more energy-efficient devices to identify a more energy-saving lifestyle.

Real-time data generated by smart meters can help identify problems earlier, such as water, gas leaks and electrical failures. Smart meters can also enable utility companies to track usage remotely, normally, without the need for an onsite visit.

Additionally, smart meters can allow for improved data analytics that can enable better strategic decision-making for long-term planning and future investments.

Within the smart metering market, two-way data communication is often key.

To help enable advanced wireless communication and connectivity, TE’s reliable, compact, high performance products, including wire-to-board, board-to-board, input and output, internal interconnects, antennas, RF, board level shielding and relays products, can help support the development of smart metering solutions that can enable the monitoring and recording of real-time data, providing insights for utilities companies as well as deliver a better customer experience​.

If you want to be a part of the innovation revolution, please visit us at www.te.com/smart-metering