Smart Electricity Meter Market 2021 Global Size, Status and Outlook- Landis+gyr Group AG, Wasion Group Holdings
Request for PDF Brochure:
The smart electricity meter market was valued at 105.73 million shipments in 2019 and is expected to reach 121.26 million shipments by 2025, at a CAGR of 2.31% over the forecast period 2020 - 2025.
- Smart electricity meters account for the most significant share of the total market, which is expected to witnesses a declining demand throughout the forecast period, primarily due to a decline in volume sale contribution from China, which is the largest market of these systems.
- Although the overall market in terms of shipments is declining, the market excluding China is expected to witness a substantial growth rate.
- Europe is one of the major markets where smart electricity meters are expected to witness growth opportunities.
- With the ongoing smart electricity meter rollouts, Spain leads the unit shipments among the European countries and Germany, France and the United Kingdom are also expected to roll out smart electricity meters in large numbers during the forecast period.
Top leading Manufacturers Profiled in Smart Electricity Meter Market Report are: Landis+gyr Group AG, Wasion Group Holdings, Elster Group GMBH (Honeywell International Inc.), Jiangsu Linyang Energy Co. Ltd, Sagemcom SAS, Ningbo Sanxing Electric Co. Ltd, Kamstrup A/S, Hexing Electric Company Ltd, Itron Inc., Holley Technology Ltd, Sensus USA Inc. (Xylem Inc), Nanjing Xinlian Electronics Co. Ltd, Shenzhen Hemei Group Co, Ltd
Regional Analysis for Smart Electricity Meter Market:
For a comprehensive understanding of market dynamics, the global Smart Electricity Meter market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
United States to Hold Major Share
- The market for automatic meter reading solutions is reaching maturity in the United States, resulting in a receding market in the country, the sizes of the project are now decreasing from millions to a small multiple of 10,000s.
- However, the replacement of first-generation meters and the shift to advanced metering infrastructure (with higher capabilities and improved technology) are expected to revive the smart electricity meters market in the future.
- At the same time, the increasing competition among companies, especially Chinese manufacturers, is resulting in a reduction of the per-unit price of smart electricity meters, affecting the net revenue of this market.
- Nationally, the largest driver of the smart electricity meter market in conjunction with the deployment of smart electricity meter infrastructure has been the American Recovery and Reinvestment Act (ARRA) of 2009, which included funding for the Smart Grid Investment Grant (SGIG) program.
- More than 50% of the USD 7.9 billion in the SGIG (USD 3.4 billion from ARRA and USD 4.5 billion in matched funds from the private sector) was designated for advanced metering infrastructure.
Avail Discount at-
- December 2018 - Landis+Gyr announced a series of project and contract updates involving advanced metering deployments at Evergy Inc.s subsidiaries, Kansas City Power & Light Company (KCP&L), and Westar Energy Inc.
What is the Impact of Covid-19 Outbreak on the Smart Electricity Meter?
- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Smart Electricity Meter.
- Smart Electricity Meter Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.
Frequently Asked Questions about the Smart Electricity Meter market:
- What are the recent developments and government policies?
- What are the top trends in the Smart Electricity Meter market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Smart Electricity Meter market?
- Which region would offer high growth for vendors in the market?
Purchase this Report at-
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
This release was published on openPR.
Permanent link to this press release:
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 Smart Electricity Meter Market 2021 Global Size, Status and Outlook- Landis+gyr Group AG, Wasion Group Holdings here
News-ID: 2328210 • Views: 449
More Releases from Market Insights Reports
Burn Treatment Anti-Infectives Market 2021 Developing Factors, Emerging Opportun …
The “Burn Treatment Anti-Infectives Market” examination is foreseeing to supply all people and shippers with related specifics around change focuses, brief courses, dangers, and advantageous trade openings that the advertise is anticipated to uncover interior the coming long time. These bits of information deliberate to consolidate the wage share, show off appraise, market potential, and rate of utilization to draw bits of data relating to the competition to select up
Entrainment Separators Market Demand, Revenue Forecast and Interesting Opportuni …
The “Entrainment Separators” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in
Automotive Motor Lamination Market Research and Development with Growth Analysis …
The Automotive Motor Lamination Market study inspects changing market trends, major segments, top investment pockets, value chain, competitive landscape, and regional scenario in great detail. The Automotive Motor Lamination Market studies analyses growth rate, product price, profit, capacity, production, supply, demand, market growth rate, and forecast through 2027 for the world's major regions. The Automotive Motor Lamination Market is expected to register a CAGR of 5.2% over the forecast period 2021
Aerospace Robots Market Size and Overview 2021, Industry Share, Key Developments …
Qualitative Analysis Of Aerospace Robots Market Revenue & Industry Analysis By 2026 The Aerospace Robots market is expected to reach USD 219.0 million by 2026 from USD 159.8 million in 2018, at a CAGR of 6.5%. Aerospace Robots market research report adoption is becoming very essential for the businesses as it supports with the better decision making and revenue generation. The Aerospace Robots market prioritizing market goals and profitable market business. Today’s
More Releases for Smart
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
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 Watch: Purchase Drivers
ReportsWorldwide has announced the addition of a new report title Smart Watch: Purchase Drivers to its growing collection of premium market research reports. This ‘360 View Update’ assesses the current state of the smart watch market. It quantifies how consumers purchase, use, and think about both smart watches and traditional watches. Findings help smart watch manufacturers, traditional watch manufacturers, and app developers refine their business strategies at this pivotal time in
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency
By 2050, the world's population is expected to reach nine billion, with over two thirds of people living in cities. On Tuesday, December 9, ICT and sustainability experts will convene at the German Center for Research and Innovation (GCRI) in New York to discuss future solutions for urban systems. NEW YORK (December 3, 2014) – Urbanization, globalization, demographic and climate change are continually placing higher demands on our cities. How will