Press release
Smart Electric Meter Market 2020: Global Segments, Recent Trends, Sales Revenue, Competitive Landscape and Top Key Players Itron, Siemens, Landis+GYR, Circutor SA, ICSA (India) Limited, Iskraemeco, d.d., Honeywell, Badger Meter, Elster
Smart Electric Meter Market
One of the pivotal factors responsible for this vertical to have progressed so far is the growing awareness regarding climate change and its hazardous impact on energy consumption and wastage. With energy efficiency becoming the global mantra, regional governments have been striving to strengthen regulations associated with GHG emissions, brainstorming strategies that would positively influence smart electric meter market trends. In line with the UN Climate Change Conference, specific renewable energy targets have so far been accepted by over 190 nations.
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Most of the industry players, in conjunction with regional governments and regulatory bodies, have been striving to achieve complete installation of smart meters over the next few years. Companies partaking in global smart electric meter market are often found acquiring local manufacturers to expand their business base and make their presence felt across myriad regions
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Itron
2. Siemens
3. Landis+GYR
4. Circutor SA
5. ICSA (India) Limited
6. Iskraemeco, d.d.
7. Honeywell
8. Badger Meter
9. Elster
Analyzing these geographical trends, it comes as no surprise the smart electric meter industry will bring about a revolution of sorts in the utility sector. Analysts deem that this business sphere is all set to witness steep growth with more than 190 nations taking part in the UN Climate Change Conference to reduce emissions. Toshiba's Landis+Gyr, Silver Spring Networks, Siemens, Itron, and Schneider are some of the prominent smart electric meter providers working in tandem with system integrators like IBM and Accenture to further take the global smart electric meter market size to new heights of expansion.
Smart electric meter market over the recent years has garnered considerable traction in the sustainable ecosphere. Endowed with improved connectivity & advanced features, smart meter technology has emerged as a viable alternative to conventional meters. Indeed, this extraordinary evolution from the conventional models to their smart counterparts has ensured a lucrative growth for the overall electricity sector, which is rather a focal vertical for the energy saving rollouts.
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