openPR Logo
Press release

Asia-Pacific Smart Meters Market Share, Trends, Size, Research and Forecast 2020-2026

01-06-2021 09:27 AM CET | Industry, Real Estate & Construction

Press release from: Orion Market Research

Asia-Pacific Smart Meters Market Share, Trends, Size, Research

Asia-Pacific smart meters market is projected to grow at a CAGR of 7.5% during the forecast period (2020-2026). The major factors contributing to the growth of the market include the rising smart city projects and partnerships for the development of smart meters in the region. As per the data published by the German Asia-Pacific Business Association in March 2019, the Chinese government is pushing the development of smart cities counting around 500 pilot projects. The development of innovative smart city projects in China involves some key factors, such as digital integration, new and sustainable mobility solutions, distributed energy generation, personalized healthcare, and automated waste management. This, in turn, will drive the adoption of smart utility solutions and thereby will increase the installations of smart meters in the region.

A full report of Asia-Pacific Smart Meters Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-smart-meters-market

Apart from these, a significant partnership for the development of smart meters is further providing a lucrative opportunity for market growth in the region. For instance, in May 2019, Semtech Corp., a supplier of analog and mixed-signal semiconductors products partnered with Goldcard Smart Group Co., Ltd., a provider of smart public utility solutions in China, to support gas utilities to optimize their operations. Under the partnership, they have incorporated Semtech’s LoRa devices and wireless radio frequency technology (LoRa Technology) into the Goldcard smart gas metering products to enable public gas utility firms to increase efficiency and decrease management costs.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-smart-meters-market

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and the coming years?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
o Recommendations
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Smart Meters Market – Segmentation

By Product Type

• Smart Gas Meters
• Smart Electric Meters
• Smart Water Maters

By Technology

• Advanced Metering Infrastructure (AMI)
• Automated Meter Reading (AMR)

By Application

• Residential
• Commercial
• Industrial

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/asia-pacific-smart-meters-market

Asia-Pacific Smart Meters Market – Segmentation

by Region

• China
• India
• Japan
• Rest of Asia-Pacific

Company Profiles

• Eaton Corp.
• General Electric Co.
• Honeywell International, Inc.
• Itron Inc.
• Landis+Gyr AG
• Raychem RPG
• Siemens AG
• Schneider Electric SE
• Suntront Tech Co., Ltd.
• Wasion Holdings Ltd.

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia-Pacific Smart Meters Market Share, Trends, Size, Research and Forecast 2020-2026 here

News-ID: 2221218 • Views:

More Releases from Orion Market Research

Pallets Market Is Expected to Exhibit Significant Growth Over 2031 / CABKA Group GmbH, Palettes Gestion Services PalletOne, Inc., Falkenhahn AG.
Pallets Market Is Expected to Exhibit Significant Growth Over 2031 / CABKA Group …
Pallets market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. Wooden pallets are standardized versions that are produced in many sizes and configurations to accommodate different handling equipment and cargoes. The increasing adoption of wood pallets in various countries including the US is the prominent factor for the market growth. According to Rose Pallet company, the United States industry harvests 42% of the annual
Omega-3 Polyunsaturated Fatty Acids Market Update Report 2024| Industry Trends, Demand, Leading Companies and Segmentation till 2031/ Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc.
Omega-3 Polyunsaturated Fatty Acids Market Update Report 2024| Industry Trends, …
Omega-3 polyunsaturated fatty acids Market is anticipated to grow at a CAGR of 10.3% during the forecast period. The market is mainly due to the significant consumption of omega-3 in dietary supplements and pharmaceutical industries from across the globe. Omega-3 fatty acids cannot be synthesized by the human body and it is an essential element to enhance metabolic activities such as cognitive and cardiovascular functions. As a result, the adoption
Nano Silica Market Outlook 2024-2031: Trends and Opportunities/ Cabot Corp., Evonik Industries AG, FUSO CHEMICAL CO., LTD., and BASF SE
Nano Silica Market Outlook 2024-2031: Trends and Opportunities/ Cabot Corp., Evo …
The global nano silica market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). The growing use cases of nano silica in multiple industries such as electric vehicles, construction, healthcare, plastics, and rubber industry and growing demand from these industries is driving growth in the global nano silica market. For instance, In July 2023, ClearCoat Roofing announced the development of a new nano silica solution to
Miticide Market Increasing Demand, Growth Analysis and Future Outlook by 2031/ Adama Agricultural Solutions, AGRO SPRAY TECHNIC, American Vanguard Corp.
Miticide Market Increasing Demand, Growth Analysis and Future Outlook by 2031/ A …
Miticide Market are harmful agents which destroys the plants and trees in gardens, lawns, farms for both residential and commercial purpose. Mites grow in the plants and trees due to change in environmental conditions which includes increase in temperature and humidity. Miticides are being used to control the population of mites in various plants and trees. Global Miticides Market is estimated to grow with substantial rate owing to rising demand

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as