Smart Electric Meter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1055 | Report Format : | Status : Upcoming |

Abstract

Global Smart Electric Meter Market: Overview

A smart electric meter is an electronic gadget that notes down the usage of electric power between certain intervals of time. This time intervals normally last for an hour or less. The meter then communicates this data back to the utility and the service provider for billing and monitoring. The smart electric meters works on the two-way communication principle. The communication is done between the central system and the meter.

Global Smart Electric Meter Market: Growth Factors

The global smart electric meter market is likely to have a huge growth in coming future. Effective smart grid initiative in the surround areas is the main reason that has driven the growth of the global market. In addition to this, energy-efficiency measures are also driving the global smart electric meter market growth. Besides this, high investment in the up gradation of distribution & transmission infrastructure is also powering the growth of the global market. Moreover, renewable energy projects are also fueling the growth of global smart electric meter market. Additionally, rising industrialization plays a vital role in the elevation of the global market. Further, growing awareness among consumers pertaining to their benefits is one of the main reasons powering the growth of the global smart electric meter market.

Global Smart Electric Meter Market: Segmentation

Based on phase, the global smart electric meter market is mainly classified as single phase and three phase. Based on the end user, the global market is bifurcated into industrial, commercial, and residential. On the communication technology, the global market for the smart electric meter is divided into power line communication, radio frequency cellular, and others.Based on target audience, the global market is bifurcated into smart electric meter dealers, manufacturers, and suppliers, consulting companies in the power sector, raw material providers, government utility providers, government and research organizations, private customers, private utility providers, metering companies, network operators, investment banks, venture capital firms, and others.

Global Smart Electric Meter Market: Regional Analysis

Regionally, the global market for the smart electric meter is bifurcated into Europe, Asia Pacific, North America, and the Middle East and Africa. Effective smart grid initiative in the surround areas is boosting the global market in countries such as Canada and the U.S. in North America. High investment in the up gradation of distribution & transmission infrastructure has elevated the global market in countries such as Japan, India, and China in the Asia-Pacific area. Amongst this, China and India are said to hold the fate of the global market. Growing awareness among consumers pertaining to their benefits is also driving the global market in countries such as Germany and France in the Europe.

Global Smart Electric Meter Market: Competitive Players

Some of the key players in the global market for the smart electric meter are Landis+Gyr, Itron, Sensus, Elster, Holley, Jiangsu Linyang, Toshiba Corporation, Echelon, Schneider Electric SE, Aclara technologies LLC, and Siemens AG.

Global Smart Electric Meter Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Lamp Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2046 | Report Format:

Global Lamp Market: Overview Electric bulb comprises a transparent container, wherein the voltage application energizes the gas making the bulb glow. These lamps are classified as high-intensity and fluorescent lamps. Fluorescent lamps are mercury vapor lamps with low weight and use fluorescence...Read More

Quality and Safety Reporting Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2020 | Report Format:

Global Quality and Safety Reporting Systems Market: Overview One feature of the quality and safety reporting system is that it constantly keeps on tracking the quality measures that deal with the product, service, or workflow of the processes in an organization. This information is then regularl...Read More

Analog To Digital Converter Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2018 | Report Format:

Global Analog To Digital Converter Market: Overview The electric device that helps in converting the analog signals such as temperature, voltage, distance, pressure, current, and others into digital signals which can be used further for computation, processing, manipulation, and storage is known...Read More

Sensing Cable Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2016 | Report Format:

Global Sensing Cable Market: Overview A sensor is a device that senses or detects the changes that occur in the environment or surroundings. It can detect abnormalities, extreme conditions, and failures. Sensing cables detect the external failures and avoid the breakdown of the process or the ma...Read More

Fire and Explosion Proof Lights Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2012 | Report Format:

Global Fire and Explosion Proof Lights Market: Overview In the fire and explosion proof lights, the components are protected within a cage. This cage can withstand any type of explosions thus protecting the surrounding against fire accidents. Fire and explosion proof lights are widely used in th...Read More

Choose License Type:
Latest Published Reports

View All Published Reports