Smart Meters Market Growth Prospects 2022 and Projected to Reach US$ 19.98 Billion | Global Major Manufacturers, Production and Sales Market Comparison

ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Smart Meters Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The specialist consulting approach adopted to study the SD-WAN (Software-Defined Wide Area Network) market by size, share and growth form an important part of this market intelligence report. Expertise research specialist not only weight upon the company profiles of the major vendors but also significant aspects such as import and export status, supply chain management, demand and supply and distribution channel. Smart Meters market spread across 150 Pages, profiling 17 companies and supported with tables and figures.

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The Smart Meters Market is projected to reach US$ 19.98 Billion by 2022, at a CAGR of 9.34% from 2017 to 2022. Smart meters are used in the industrial, commercial, and residential sector, measuring energy consumption of the consumers. Factors such as government policies & mandates in developed economies and accurate billing & improved customer service are driving the market globally.

Top Key Players in the “Smart Meters Market” include are
• Itron Inc. (U.S.)
• Kamstrup A/S (Denmark)
• Holley Metering Ltd. (China)
• Honeywell International Inc. (U.S.)
• Toshiba Corporation (Japan)

With regards to the application segment, the residential segment is expected to constitute the fastest growing market from 2017 to 2022. The meters measure the electricity, water, and gas consumption and communicate this to the central utility system. The installations of these devices in the residential sector helps in reducing CO2 emissions globally as the consumer’s inclination towards peak time savings of energy would increase.

“Asia-Pacific: The fastest growing market for smart meters”
Asia-Pacific is estimated to be the fastest growing market for smart meters from 2017 to 2022. Factors such as government policies & mandates in developed economies and accurate billing & improved customer service are driving the global smart meters market. China is expected to grow at the fastest pace during the forecast period. Furthermore, the growing power sector in India is expected to spur the growth of the market, and represents a promising opportunity for major smart meters providers.

Report Highlights:

• To forecast the growth of the smart meters industry with respect to major regions (Asia-Pacific, Europe, North America, South America, Middle East, and Africa)

• To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders

• To strategically profile key players, and comprehensively analyze their market ranking and core competencies

• To strategically analyze the smart meters market with respect to individual growth trends, future expansions, and contribution to the market

• To analyze competitive developments such as new product launches, mergers & acquisitions, expansions & investments, and supply contracts in the smart meters industry

#Target Audience for Smart Meters Market : Smart electric, gas, and water manufacturing companies, Electric, water, and gas utilities, Distributed energy generation solution providers, Smart electric, water, and gas meter vendors, Government and industry associations, State and national regulatory authorities, Distribution grid operators, State or government-owned corporations, Energy regulatory agencies, Investors and financial community professionals

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Competitive Landscape
1 Introduction
2 Market Ranking, Smart Meters Market
3 Vendor Dive Overview
3.1 Vanguards (Leaders)
3.2 Dynamic
3.3 Innovator
3.4 Emerging
4 Business Strategies Adopted By Major Players in the Smart Meters Market (25 Companies)
5 Analysis of the Product Portfolio of Major Players in the Smart Meters Markets (25 Companies)

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