| Product Code: ETC4958509 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Belgium`s smart electric meter import shipments in 2024 saw a significant increase in concentration, with a high Herfindahl-Hirschman Index (HHI) indicating a few dominant countries. The top exporters to Belgium included Greece, Netherlands, Germany, Slovenia, and China. The impressive compound annual growth rate (CAGR) of 51.7% from 2020 to 2024, coupled with a remarkable growth rate of 336.03% from 2023 to 2024, highlights the rapid expansion and strong demand for smart electric meters in the Belgian market. The continued influx of imports suggests a growing reliance on these advanced technologies for efficient energy management.

Belgium's Smart Electric Meter market is anticipated to experience a stable growth rate of 1.73% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Smart Electric Meter Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Smart Electric Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Smart Electric Meter Market - Industry Life Cycle |
3.4 Belgium Smart Electric Meter Market - Porter's Five Forces |
3.5 Belgium Smart Electric Meter Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.6 Belgium Smart Electric Meter Market Revenues & Volume Share, By Communication Technology Type, 2021 & 2031F |
3.7 Belgium Smart Electric Meter Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Belgium Smart Electric Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government regulations mandating the adoption of smart meters for energy efficiency and sustainability goals |
4.2.2 Increasing focus on renewable energy integration and grid modernization |
4.2.3 Growing awareness among consumers about the benefits of smart meters in reducing energy costs and carbon footprint |
4.3 Market Restraints |
4.3.1 High initial installation costs for smart meters |
4.3.2 Security and privacy concerns related to the collection and sharing of energy consumption data |
4.3.3 Limited interoperability and standardization among different smart meter technologies |
5 Belgium Smart Electric Meter Market Trends |
6 Belgium Smart Electric Meter Market Segmentations |
6.1 Belgium Smart Electric Meter Market, By Phase |
6.1.1 Overview and Analysis |
6.1.2 Belgium Smart Electric Meter Market Revenues & Volume, By Single, 2021-2031F |
6.1.3 Belgium Smart Electric Meter Market Revenues & Volume, By Three, 2021-2031F |
6.2 Belgium Smart Electric Meter Market, By Communication Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Smart Electric Meter Market Revenues & Volume, By Power Line Communication (PLC), 2021-2031F |
6.2.3 Belgium Smart Electric Meter Market Revenues & Volume, By Radio Frequency (RF), 2021-2031F |
6.2.4 Belgium Smart Electric Meter Market Revenues & Volume, By Cellular, 2021-2031F |
6.3 Belgium Smart Electric Meter Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Belgium Smart Electric Meter Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Belgium Smart Electric Meter Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Belgium Smart Electric Meter Market Revenues & Volume, By Residential, 2021-2031F |
7 Belgium Smart Electric Meter Market Import-Export Trade Statistics |
7.1 Belgium Smart Electric Meter Market Export to Major Countries |
7.2 Belgium Smart Electric Meter Market Imports from Major Countries |
8 Belgium Smart Electric Meter Market Key Performance Indicators |
8.1 Percentage increase in the number of smart meters deployed in Belgium |
8.2 Average time taken for the installation of smart meters |
8.3 Energy efficiency improvements attributed to the use of smart meters |
8.4 Customer satisfaction ratings with smart meter functionalities |
8.5 Percentage reduction in peak energy demand due to smart meter usage |
9 Belgium Smart Electric Meter Market - Opportunity Assessment |
9.1 Belgium Smart Electric Meter Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.2 Belgium Smart Electric Meter Market Opportunity Assessment, By Communication Technology Type, 2021 & 2031F |
9.3 Belgium Smart Electric Meter Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Belgium Smart Electric Meter Market - Competitive Landscape |
10.1 Belgium Smart Electric Meter Market Revenue Share, By Companies, 2024 |
10.2 Belgium Smart Electric Meter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |