Press release
Smart Meters Market is Projected to Rise by US$ 12500 Mn – Forecast to 2022 | Global Key Players - Itron, Siemens, Sensus, Kamstrup, Elster Group
Smart Meters Market
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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Smart Meters market size to maintain the average annual growth rate of 0.0701459845944 from 5700.0 million $ in 2014 to 8000.0 million $ in 2018, market analysts believe that in the next few years, Smart Meters market size will be further expanded, we expect that by 2023, The market size of the Smart Meters will reach 12500.0 million $.
The large scale deployment of smart grid and the utility companies focusing on enhancing distribution efficiency are some of factors boosting the market growth. High installation cost of smart meters borne by end-users is a factor hampering the growth of the smart meters. Various grid operators trying to effectively managing the demand for power offer ample growth opportunities for the smart meters to grow.
Creating awareness among consumers along with bringing interoperability is a key market challenge that needs to overcome by key market players to gain a stronghold in the market. Furthermore, improper installation of smart meters is a major market challenge.
However, using metering devices that are capable of handling intermittent supply help in compensating for this loss by controlling energy consumption of electronic equipment. Growing awareness among consumers pertaining to their benefits is also expected to favorably impact smart electricity meter market growth.
Key Players:
1 Landis+Gyr
2 Itron
3 GE Digital Energy
4 Siemens
5 Kamstrup
6 Sensus
7 Elster Group and more.............
Buy this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Smart Meters Market Outlook 2019-2023” @ https://www.businessindustryreports.com/buy-now/140397/single .
The report covers the Segments and sub-segments of the Global Smart Meters Market by:
Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Product Types:
1 Single-phase smart meter
2 Three-phase smart meter
Industry Segmentation:
1 Residential application
2 Commercial application
3 Industrial application
Key questions answered in the report include:
1 What are the key factors driving the Smart Meters market?
2 What are the key market trends impacting the growth of the global Smart Meters market?
3 What are the challenges to Smart Meters market growth?
4 Who are the key vendors in the global Smart Meters market?
5 What are the market opportunities and threats faced by the vendors in the global Smart Meters market?
6 What are the key outcomes of the five forces analysis of the global Smart Meters market?
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Table of Content:
1 Smart Meters Product Definition
2 Global Smart Meters Manufacturer Share and Market Overview
3 Manufacturer Smart Meters Business Introduction
4 Global Smart Meters Market Segmentation (Region Level)
5 Global Smart Meters Market Segmentation (Product Type Level)
6 Global Smart Meters Market Segmentation (Industry Level)
7 Global Smart Meters Market Segmentation (Channel Level)
8 Smart Meters Market Forecast 2019-2023
9 Smart Meters Segmentation Product Type
10 Smart Meters Segmentation Industry
11 Smart Meters Cost of Production Analysis
12 Conclusion
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