Global Wireless M-Bus Module Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Wireless M-Bus Module market:
The latest research study on the global Wireless M-Bus Module market finds that the global Wireless M-Bus Module market reached a value of USD 390.87 million in 2022. It’s expected that the market will achieve USD 636.0 million by 2028, exhibiting a CAGR of 8.45% during the forecast period.

Wireless M-Bus (EN 13757-4:2013) is a wireless communication standard that was developed for the reading of electricity, gas-, water-, heat-meters and heat allocators.

Fierce competition
In the Wireless M-Bus Module meter industry, the main competitors are mainly private enterprises that entered the early stage of the industry development, and the scale is generally small. In many countries, the Wireless M-Bus Module industry is highly marketized and the industry competition is fierce.

Relatively backward technology in some regions
In some countries where the economy and technology are relatively backward, the technology for making wireless M-Bus module and the corresponding supply equipment cannot meet the market requirements.

Production technology improvement and product upgrade
With the improvement of the technology of various suppliers, the production technology of Wireless M-Bus Module is also constantly improving. The development of a wider range of applications, higher product performance and more affordable products will be one of the growth opportunities in this market in the future.

Development of the downstream application industry
The oil & gas, heat, water supply and industrial applications are continuing to expand in recent years. Due to the development of modern society, wireless M-Bus module will continue to be a growing market in the future. While wireless M-Bus module is in line with the current trend of eco-friendly development, the demand for wireless M-Bus module in these industries is expected to continue to grow, which has contributed to the growth of the wireless M-Bus module market.

Region Overview:
In global comparison, a significant portion of the revenue was generated in Europe (71.02% in 2022).

Company Overview:
Telit is one of the major players operating in the Wireless M-Bus Module market, holding a share of 29.68% in 2023.

Telit
Telit Communications PLC, together with its subsidiaries, provides a portfolio of integrated products and services to support and enable Internet of Things (IoT) deployments in the EMEA, the APAC, and the Americas. It operates in two segments, IoT Services and IoT Products. The company develops, markets, and sells cellular, global navigation satellite systems, short range wireless modules, mobile connectivity services, and application enablement platforms to onboard edge devices to the IoT.

Zenner
The name ZENNER stands for innovation, quality and precision in matters of measuring technique because at ZENNER, company have been developing, producing and marketing innovative measuring equipment for global markets for over 100 years. Domestic water meters for flats and houses, as well as bulk water meters are as much a part of our portfolio as heat meters, gas meters and up to date systems technology.

Segmentation Overview:
As for product types, the Independent Module segment held the largest market share in 2022.

Application Overview:
By application, the Water Supply segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Wireless M-Bus Module market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Wireless M-Bus Module market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Wireless M-Bus Module and its sub-markets in an intuitive way.

Key Companies in the global Wireless M-Bus Module market covered in Chapter 3:
Friendcom
Würth Elektronik
Zenner
Telit
Mipot
IMST GmbH
Siemens
Radiocrafts Radiocrafts
Weptech GmbH

In Chapter 4 and Chapter 14.2, on the basis of types, the Wireless M-Bus Module market from 2018 to 2029 is primarily split into:
Integrated
Independent Module

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Wireless M-Bus Module market from 2018 to 2029 covers:
Oil & Gas
Heating
Water Supply
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Wireless M-Bus Module market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions