Press release
Global Power Metering Market Research Report 2022 By Prominent Players like General Electric, Itron, Toshiba Corp, Melrose Industries plc., Wasion Group Holdings Ltd., ABB, Eaton Corp Plc, Siemens AG and Holley Metering
The global power metering market was valued at around USD XX Billion in 2015 and is expected to cross USD XX Billion at CAGR of XX% by 2022.Power metering is an electronic device that measures energy consumption and is designed for billing and monitoring purposes. The power metering replaces electric meters while offering relevant data metrics. Moreover, features such as environmental concerns, technological upgradation, low maintenance cost, and two-way communication as compared to electric meter as well as very high operating efficiency is a factor driving the power metering market. Increasing demand for power metering as well governments focus towards grid infrastructure are some of the major reasons behind the growing power metering market. However, issues related to privacy and standardization of the power meter act as barriers for the power metering market.
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Competitive Landscape
The prominent players of global power metering market include General Electric (U.S.), Itron (U.S.), Toshiba Corporation (Japan), Melrose Industries plc. (U.K.), Wasion Group Holdings Ltd. (China), ABB(Switzerland), Eaton Corporation Plc (Dublin), Siemens AG (Germany) and Holley Metering (China)
Industry Segmentation
The global power metering market can be segmented on the basis of type, phase, application and region.
On the basis of type, it has been categorized as smart, digital and analog.
On the basis of phase, the global power metering market is segmented into single phase and three phase.
Based on application, the market is segmented into residential, commercial and industrial.
By region, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World.
Power Metering Regional Market Analysis
Geographically, the global power metering market is segmented into: North America, Europe, Asia-Pacific and Rest of the World.
Asia-Pacific is projected as the emerging market for power metering. Government project such as ‘smart city’ in India contributes to the growth of the global power metering market. Major factors such as increase in construction spending, rise in industrial activities, and enhancement of the grid infrastructure of the region give new ways for the growth of the region. Emerging economies such as China and Japan are focusing on grabbing major market.
Whereas, North America is one of the leading markets for power meter in the global market. Growing infrastructure and government projects boost the global power metering market.
Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
LIST OF TABLES
Table 1 Global Power Metering Market, By Type
Table 2 Global Power Metering Market, By Phase
Table 3 Global Power Metering Market, By Application
Table 4 Global Power Metering Market, By Regions
Table 5 North America Power Metering Market, By Type
Table 6 North America Power Metering Market, By Phase
Table 7 North America Power Metering Market, By Application
Table 8 U.S. Power Metering Market, By Type
Table 9 U.S. Power Metering Market, By Phase
Table 10 U.S. Power Metering Market, By Application
Table 11 Canada Power Metering Market, By Type
Table 12 Canada Power Metering Market, By Phase
Table 13 Canada Power Metering Market, By Application
Table 14 Europe Power Metering Market, By Type
Continue…….
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