Global Industrial Smart Meters Market at a CAGR of 20.1% during the forecast period 2018-2025 to reach 240 Million US$ by 2025 | Machinery Update : Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom

Press Release – 01 Jan 2019
Research and Development News --
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Latest Update "Global Industrial Smart Meters Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future.
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In the coming years there is an increasing demand for Industrial Smart Meters in the regions of North America and Europe that is expected to drive the market for more advanced Industrial Smart Meters. Growth in government budgets in the principal countries, increasing of heavy industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Industrial Smart Meters will drive growth in United States and Europe markets.
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The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes.

The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

The Industrial Smart Meters market was valued at 56 Million US$ in 2017 and is projected to reach 240 Million US$ by 2025, at a CAGR of 20.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Smart Meters.

The following manufacturers are covered in this report:
- Landis+Gyr
- Itron
- Siemens
- Kamstrup
- Elster Group
- Nuri Telecom
- Sagemcom
- Iskraemeco
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- ZIV
- Sanxing
- Linyang Electronics
- Wasion Group
- Haixing Electrical
- XJ Measurement & Control Meter
- Chintim Instruments
- Clou Electronics
- Holley Metering
- HND Electronics
- Longi
- Banner
- Sunrise

Industrial Smart Meters Breakdown Data by Type
- Three-phase Smart Meter
- Single-phase Smart Meter

Industrial Smart Meters Breakdown Data by Application
- Heavy Industry
- Light Industry

Industrial Smart Meters Production by Region
- United States
- Europe
- China
- Japan
- Other Regions

Industrial Smart Meters Consumption by Region
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Malaysia
- Philippines
- Thailand
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Rest of South America
- Middle East & Africa
- GCC Countries
- Turkey
- Egypt
- South Africa
- Rest of Middle East & Africa

The study objectives are:
- To analyze and research the global Industrial Smart Meters status and future forecastinvolving, production, revenue, consumption, historical and forecast.
- To present the key Industrial Smart Meters manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Industrial Smart Meters :
- History Year: 2013 - 2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Smart Meters market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

This report presents the worldwide Industrial Smart Meters market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A smart meter is an Internet-capable device that measures energy, water or natural gas consumption of a building, home, plants, etc.

Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Energy companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.

The smart meter acts as the network termination point, an ingress router between the utilitys network and the building it is monitoring. When connected to a building automation system, a smart meter will allow the building administrator to control based on real-time energy costs.

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