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Osaki Electric Co., Ltd.

Osaki Electric Co., Ltd. develops, manufactures, sells, and installs meters in Japan, elsewhere in Asia, Oceania, Europe, and other international markets. It operates through three segments: Smart Meters & Solutions in Japan, Smart Meters & Solutions Overseas, and Real Estate. Its products include residential and commercial metering devices such as smart meters and gas meters, low voltage switchgear systems such as distribution boards and power distribution units, and information and communication products such as optical couplers and switches. The company also offers software and related services, including demand control equipment, head end systems, meter data management systems, and data visualization products, and engages in real estate leasing. Formerly known as Kogyo Seisakujo, it changed its name to Osaki Electric Co., Ltd. in April 1941, was founded in 1916, and is headquartered in Tokyo, Japan.

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Smart City / Autonomous Infrastructure▲

Smart Meter Market to Reach $50.82B by 2031, Growing at 10.0% CAGR

The global smart meter market is projected to grow from USD 31.60 billion in 2026 to USD 50.82 billion by 2031, registering a 10.0% compound annual growth rate, according to a new report added to ResearchAndMarkets.com's offering. Growth is being driven by government programs addressing future electricity demand, carbon reduction targets, renewable energy integration, grid modernization, and improved utility resource management. Residential is expected to be the fastest-growing end-user segment, while hardware is expected to retain the larger share of the component split between hardware and software. Europe is expected to become the world's second-largest regional market, led by France, Germany, Italy, Spain, and the UK, with the European Green Deal and Fit for 55 initiative accelerating grid modernization. The report profiles key players including Landis+Gyr of Switzerland, Itron Inc. of the US, Sagemcom of France, Schneider Electric of France, OSAKI Electric Co., Ltd. of Japan, and Siemens of Germany, and cites recent developments such as Siemens' March 2025 partnership with CPFL Energia to modernize approximately 1.6 million residential smart meters in Sao Paulo by 2029.
SIE.XETRA ▲ITRI ▲Osaki Electric… ▲LAND.SW ▲SU.PA ▲
Smart City / Autonomous Infrastructure ▲Energy Transition & Power Demand ▲
About megatrends
Smart City / Autonomous Infrastructure › Smart Metering & Grid Edge ▲Demand
Energy Transition & Power Demand › Grid, Transmission & Power Equipment ▲Demand
SIE.XETRA · Demand · Positive Profiled as a key player and cited for its March 2025 partnership with CPFL Energia to modernize ~1.6 million residential smart meters in Sao Paulo by 2029.
ITRI · Demand · Positive Profiled as a key player in a smart meter market projected to grow at 10% CAGR on grid modernization and government programs.
6644.JP · Demand · Positive Named as a key player in the expanding global smart meter market driven by grid modernization programs.
LAND.SW · Demand · Positive Named as a key player in the growing smart meter market, with Europe set to become the second-largest regional market.
SU.PA · Demand · Positive Profiled as a key player in the smart meter market expected to grow to $50.82B by 2031.
CPFL Energia S.A. · Demand · Positive Siemens' March 2025 partnership with CPFL Energia to modernize ~1.6 million residential smart meters in Sao Paulo by 2029 is cited as a recent development.
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