Global Smart Electricity Meter Market 2019-2025: Market's Major Players Are- LANDIS + GYR GROUP AG, WASION GROUP HOLDINGS, ELSTER GROUP GMBH (HONEYWELL INTERNATIONAL INC), JIANGSU LIANG ENERGY CO. LTD

Global Smart Electricity Meter market report provides all essential information and deep analysis of major factors responsible for the development of the Global Smart Electricity Meter Market Its actionable insights demonstrates a broad overview of trade knowledge and key Information like Key Manufacturers, Types, Application, Table of Content, SWOT examination etc. of the market. These data help the Buyer know about the competitors better. This Report talk about ongoing item advancements and gives a diagram on potential provincial pieces of the pie.

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Top merchant analysis is one of the key component and is exceptionally helpful for each player to comprehend focused scene in the market.

Major Brand companies present in Global Smart Electricity Meter market report are:

LANDIS + GYR GROUP AG, WASION GROUP HOLDINGS, ELSTER GROUP GMBH (HONEYWELL INTERNATIONAL INC), JIANGSU LIANG ENERGY CO. LTD, SAGEMCOM SAS, NINGBO SANXING ELECTRIC CO. LTD, KAMSTRUP A/S, HEXING ELECTRIC COMPANY LTD, ITRON INC, HOLLEY TECHNOLOGY LTD, SENSUS USA INC, NANJING XINLIAN ELECTRONICS CO. LTD, AND SHENZHEN HEMEI GROUP CO. LTD

Smart Electricity Meter Market Report Highlights:

The smart electricity meter market was valued at 93.09 million unit shipments in 2017, and is expected to reach 83.61 million unit shipments by 2023, at a CAGR of (0.64)% over the forecast period (2018 - 2023). The report discusses the end users that use these products. The regions considered under the scope of the report include North America, Europe, and various others. The study also emphasizes on how supportive government regulations in key regions are affecting the market.

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Smart metering solutions comprise of meters or modules, with communication capabilities (either one-way or two-way) embedded within the meter or attached to it. Smart electricity meters are expected to witnesses a declining demand throughout the forecast period, primarily due to decline in volume sale contribution from China, which is the largest market for these systems. Conventional electric grids are highly inefficient. Energy transmission over long distances is highly expensive and inefficient. It is estimated that over 7% of the energy is lost during the transmission of electricity in the United States. Deployment of smart metering systems enables energy suppliers to continuously monitor electricity usage at multiple points in the grid. Therefore, smart meters help collect data and enable the management of electricity distribution, necessary to improve the efficiency of the systems. 

Rise in Deployment in Smart Cities to Drive the Market

Smart metering systems are employed with two-way communication and control capabilities, which enable the central systems to analyze the data and take necessary actions to provide improved efficiency and handle systems efficiently in times of faults and failures. Smart grids play a crucial role in smart city deployment and are the primary consumers of smart electricity meters. In addition, governments around the world are allocating budgets to turn existing cities smart and also to establish new smart city projects, in order to improve the overall economy. European countries are leading in this segment, with many establishments, while countries in Asia-Pacific are exploring this technology for mass deployment. This is expected to increase the demand for smart electricity meters.

Smart Electricity Meter market report is an entire guide for new competitor to comprehend the market patterns and plan the business likewise. It covers the market scene and its development prospects over the coming years, the Report talk about ongoing item advancements and gives a diagram on potential provincial pieces of the pie. The report delivers a complete panoramic view of the Smart Electricity Meter Market. The primary approach discusses through an impression of the market. This section of the report includes numerous arrangements, definitions, the industry chain, and the various significant aspects of the global market.

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Key Developments in the Market

• November 2017: Landis+GYR expanded its distributor sensor product portfolio by launching a cellular communication option for its existing S610 Line Sensor, which detects and locates faults, thereby improving grid reliability.
• October 2017: Kamstrup invested in narrow-band Internet of Things (NB-IoT) for fueling innovations in electricity meters. The company announced that pilot tests are planned for spring 2018, and a commercial solution will be available in the next 12-18 months.
• January 2017: Wasion Group Holdings Limited announced to deepen its cooperation with Itron through embedding its metering products into Itron’s OpenWayRiva IoT Solution.

Major Points from Table of Contents:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 Technology Analysis

3.8 End User Analysis

3.9 Emerging Markets

3.10 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Smart Electricity Meter Market, By Product

5.1 Introduction

5.2 Hardware

5.3 Software

5.4 Services

5.4.1 Training and Education

5.4.2 Risk and Threat assessment

5.4.3 Managed Security Services

5.4.4 Design and Integration

5.4.5 Other Services

6 Global Smart Electricity Meter Market, By Technology

6.1 Introduction

6.2 Cryptography

6.3 Content Filtering

6.4 Access Control Technology

6.5 Authentication Technology

7 Global Smart Electricity Meter Market, By End User

7.1 Introduction

7.2 Retail

7.3 Telecom & IT

7.4 Manufacturing

7.5 Aerospace, Defense, and Intelligence

7.6 Information and communication technology (ICT)

7.7 Healthcare

7.8 Transportation

7.9 Education

7.10 Government

7.11 Banking, Financial services and Insurance (BFSI)

7.12 Other End Users

8 Global Smart Electricity Meter Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 

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Mr. Ajay More

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 

CONTACT US

Mr. Ajay More

Phone: US +1 424 253 0807

Email: sales@marketreportsworld.com

 

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