Press release
Smart Electric Meter Market is expected to showcase significant opportunities with leading players Aclara Technologies, Genus Power Infrastructures, Holley, Honeywell, Iskraemeco, Itron, Linyang Energy, Microchip Technology, Networked Energy Services, Sch
Smart electric meters are equipped with communication capabilities, either embedded within or attached to the meter, in order to collect and store data from the meters. The data collected can be transmitted to portable electronics, including handheld computers, mobile units, telephone, power line carriers, and others. Smart electric meters are useful for optimizing the operations through analysis of stored interval data. Modernization of existing infrastructure is a primary factor contributing to the growth of the smart electric meter market across the Asia Pacific region during the forecast period.The smart electric meter market is anticipated to grow in the forecast period owing to driving factors such as increasing demand for efficient data monitoring systems, and favorable government policies. Also, rising investments in the smart grid projects in Europe and North America are likely to augment the market growth. However, delay in smart meter rollout projects may impede the growth of the smart electric meter market during the forecast period. Nonetheless, demand for smart grids and energy efficiency are expected to showcase significant opportunities in the emerging countries in the coming years.
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The Prominent/Emerging Players in the Smart Electric Meter Market Research include:
- Aclara Technologies LLC (Hubbell Incorporated)
- Genus Power Infrastructures Ltd.
- Holley Group
- Honeywell International Inc.
- Iskraemeco, d.d.
- Itron, Inc.
- Linyang Energy Co., Ltd.
- Microchip Technology Inc.
- Networked Energy Services Corporation
- Schneider Electric SE
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart electric meter market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart electric meter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Global Smart Electric Meter Market Segmentation:
Smart Electric Meter Market - by Phase
- Single Phase
- Three Phase
Smart Electric Meter Market - by Communication Technology
- Radio Frequency
- Cellular
- Power Line Communication
Smart Electric Meter Market - by End User
- Residential
- Commercial
- Industrial
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Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Smart Electric Meter Market.
- Key market trends cracking up the growth of the Smart Electric Meter Market.
- Challenges to market growth.
- Key vendors of Smart Electric Meter Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Smart Electric Meter Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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