Energy & Green Renewable Technology Market News

Smart electric meter industry expected to reach USD 10.5 billion at a lucrative CAGR of 12% by 2023 just published

Smart electric meter industry expected to reach USD 10.5 billion at a lucrative CAGR of 12% by 2023 just published

The rising investments in smart grid projects and increasing up-gradation of transmission & distribution infrastructure, triggered by the rising demand for energy.

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The Global Smart Electricity Meter Market is estimated to grow at a CAGR 12% by 2023.it was estimated at USD 6.9 billion in 2016 and expected value to be 10.5 billion by 2023. 

Smart grids include grid applications like smart electric meters, SCADA systems, IT, and other communication networks, which enable utilities to control and manage the digital assets.

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Top Key Companies Analyzed in Global Smart Electric Meter Market are Abb ltd, General electric company, Holley metering ltd, Elster group, Iskraemeco, Itron inc, Landis+gyr, Schneider electric, Siemens ag, Sensus.

Complete report Smart Electric Meter Industry spreads across 136 pages profiling 10 companies and supported with tables and figures at www.orianresearch.com/discount/410843 .

This report features the market growth analysis and forecasting for the growth and revenue up to 2023 allied with the smart electricity meter market. This market is segmented on the basis of type, end user, communication technology and regions.

The three-phase smart electric meter segment is expected to dominate the market. However, the demand for single-phase smart electric meters is also set to increase as these are installed in the residential end-user segment, and are installed in greater volume when compared to three phase meters.

Regionally, the global smart electricity market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The North America and Europe are dominating in the smart electricity.

Key Benefit of This Report:

  • This report provides current market trends and future growth expectations.
  • This report examines the market size and changing competitive dynamics
  • It covers information regarding key drivers, challenges or restraining market growth
  • It provides a five-year forecast assessed on the basis market value chain, Porter's five forces, and supply chain management.
  • Market factor analysis delivers treasured information regarding the possible purchasers and suppliers and understanding the stakeholders involved.
  • This report incorporates data regarding companies and business decision by having complete insights on the markets and by creating in depth analysis of market segments.

Target Audience:

  • Smart electric meter manufacturers, dealers, and suppliers
  • Raw material providers
  • Consulting companies in the power sector
  • Government and research organizations
  • Government utility providers
  • Private utility providers
  • Private customers
  • Network operators
  • Metering companies
  • Venture capital firms
  • Investment banks

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Major Points from Table of Contents

1 EXECUTIVE SUMMARY

2 DEMOGRAPHIC OVERVIEW

3 RESEARCH METHODOLOGY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW

6 MARKET FACTOR ANALYSIS

7 GLOBAL SMART ELECTRIC METER MARKET BY TYPE

8 GLOBAL SMART ELECTRIC METER MARKET BY END-USER

9 GLOBAL SMART ELECTRIC METER MARKET BY COMMUNICATION TECHNOLOGY

10 GLOBAL SMART ELECTRIC METER MARKET BY REGION

11 MARKET TRENDS & COMPETITIVE ANALYSIS

12 COMPANY PROFILES

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