Energy & Green Renewable Technology Market News

New release: UK Smart Electric Meter Market trends, sales, supply, demand, analysis & forecast to 2025

Energy and Power

UK Smart Electric Meter Market Size, Share & Trends Analysis Report by Communication Technology (Power Line Communication, Cellular, and Radio Frequency), by Phase (Single Phase, and Three Phase), and by Application (Residential, Commercial, and Industrial) Forecast Period 2019-2025. The UK smart electric meter market is expected to grow at a CAGR of approximately 10.5% during the forecast period.

The UK smart electric meter market is expected to grow at a CAGR of approximately 10.5% during the forecast period. The major factors for the growth of the market include government initiatives and adoption of smart electric grids in the nation.

The UK Government’s commitment for smart meter roll-out by 2020 is a key driver for the growth of Europe smart electric meter market. Additionally, the regulations and norms in the UK is well established to fund smart electric meter deployments.

Along with the implementation of electricity market reforms underway, the UK is now the potential market that provides growing opportunities for smart meter solutions. 

Get Sample Copy of UK Smart Electric Meter Market at:…ter-market

Top Key Players - Aclara Technologies LLC, Elster Group, Itron Inc., Landis+Gyr AG, Schneider Electric SE, Sensus, Siemens AG, Silver Spring Networks Inc., Toshiba Corp.

The UK electricity market is dominated by six major energy companies that include Centrica, Scottish, Southern Energy, E. ON, RWE power and EDF energy. These companies generate 2/3rd of the energy and are responsible for controlling 95% of the retail market.

Energy prices in the UK are market-based and remain low as compared to other peers, such as Germany and Spain, even after taxes. Transmission is separated in the UK, where ownership, maintenance, and operations of the high voltage system come to National Grid in England and Wales, Scottish Hydro-electric transmission in the North of Scotland, and Scottish Power Transmission in the South of Scotland. 

For More Information, get A full report of UK Smart Electric Meter Market is available at:…ter-market

The UK Energy Bill, including the Electricity Market Reform (EMR) bill was passed in December 2013, to represent the government’s response towards electricity sector challenges. The UK electricity possesses the potential growth for major opportunities for energy efficiency and smart electricity meters.

The UK Energy Bill was signed into law in August 2014 and was followed by a change in series of legislative that focused on improving the electricity implementation. The key objectives of the law that affects the electricity sector include Implementation of Electricity Market Reform to attract 110 billion investments in generation and grid investments by 2020, safety and security regulations for nuclear sector, consumer protections including limit on energy tariffs and the improved transparency of bill.

These government initiatives to provide efficient electricity consumption will boost the demand for smart electric meter to accurately record electricity consumption for billing and monitoring. 

UK Smart Electric Meter Market Segmentation

UK Smart Electric Meter Market by Communication Technology

  • Power Line Communication
  • Cellular
  • Radio Frequency

UK Smart Electric Meter Market by Phase

  • Single Phase
  • Three Phase

UK Smart Electric Meter Market by Application

  • Residential
  • Commercial
  • Industrial

For more customized data, request for report customization @…ter-market

News From

Orion Market Research Pvt. Ltd.Orion Market Research Pvt. Ltd.
Category: Market Research Publishers and RetailersCompany about: Orion Market Research (OMR) is a market research company that endeavors to provide an exclusive blend of qualitative and quantitative market research reports to global clients. The company provides syndicate, customized market research report for over 20 business domains to customers across the globe. These reports provide valuable market insights to global clients in understanding the market trends and taking crucial business decisions. The company is serving global Fortune 500 companies, ...
This email address is being protected from spambots. You need JavaScript enabled to view it.