Press release
Product Innovations And Advancements In Technology Will Boost Smart Meters Market Demand By 2026 -projected By Fact.MR
The Recent study by Fact.MR- (leading business and competitive intelligence provider) On global Smart Meters market Survey study presents an all in all compilation of the historical, current and future outlook of Smart Meters market as well as the factors responsible for such a Smart Meters Market growth.The report on the market survey of Smart Meters gives estimations of the Size of Smart Meters Market and the overall share of key regional segments
To get in-depth information view the report – https://www.factmr.com/report/2626/smart-meters-market
With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Smart Meters market player in a comprehensive way.
Further, the Smart Meters market Survey report emphasizes the adoption pattern And Demand of Smart Meters Market across various industries.
Futuristic Smart Meters Are Driving Grid Intelligence to New Heights
Smart meters are slowly unlocking the future for a smart energy system that’s main function is to deliver cost-effective, secure and clean energy.
Smart meters are slowly paving the way for a futuristic energy system. This will not only enhance renewable energy generation and lower emissions but also give intrinsic opportunities to organizations for innovation in order to support a broader digital economy.
Asian countries are poised to be the leaders in this space and it is predicted that nearly 70% of all homes in this region will have access to smart meters.
The advantages of smart meters such as accuracy in billing, reduced operational costs and the elimination of meter readings are going to propel the smart meters market to newer heights.
To get in-depth insights Request for Brochure here -https://www.factmr.com/connectus/sample?flag=B&rep_id=2626
The Demand of Smart Meters Market study includes the current market scenario on the global platform and also Sales of Smart Meters Market development during the forecast period.
Highlights And and Projections of the Smart Meters Market Report :
• Elaborated scenario of the parent market
• Transformations in the Smart Meters market dynamics
• Detailed segmentation of the target market
• Historical, current and forecast of Smart Meters market size based on value and volume
• Latest industry developments and Market trends of Smart Meters competitive analysis of Smart Meters Market
• Strategies adopted by the Smart Meters market players and product developments made
• Potential and niche segments, along with their regional analysis
• Unbiased analysis on market size of Smart Meters
The research report analyzes Smart Meters Market demand by Different segments. Providing business leaders with insights On Smart Meters And how they can increase their market share
Report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region.
This research report delivers the analysis and prognosis of revenue, production, price, Smart Meters market share and growth trend for different products such as:
Smart gas meters prevails the smart meters market growth
Smart meters comprises smart electric meters, smart water meters and smart gas meters. Smart electric meters hold the largest share in the smart meters market. The traditional electric meters are being replaced by smart electric meters, especially in the developed countries.
Electric power system is undergoing a transformation with the integration of newer technologies such as smart meters. Although it is more than a decade since electric meters were first deployed, now electric companies have started to focus on creating value form the data and capabilities that smart meters enable.
Smart electric meters convey the real-time information about the usage of electricity and removes the hassle of personnel visiting the premises to note the reading.
The demand for smart gas meters is expected to grow at the highest pace during the forecast period. Based on end-users, residential end-users dominate the demand for smart meters.
However, the adoption of smart meters is faster in commercial and industrial applications.
To receive extensive list of important regions & key players, ask for TOC here -https://www.factmr.com/connectus/sample?flag=T&rep_id=2626
Regional Analysis and Forecast
Further, this Smart Meters Sales research study analyses Smart Meters market size, production, consumption and its advancement trends at global, regional, and country level.
Government funding boosting the demand for smart meters
The deployment of smart meters have been observed to gain momentum with the government funding. The U.S. Department of Energy (DoE) in 2009 launched the smart grid investment grant (SGIG) program, which was funded with US$ 3.4 billion.
This investment was also targeted to increase the number of smart meters in the U.S. The U.K. government has planned to equip every household in the country with a smart meter. Though it seems a difficult target as the energy companies would require to install 30 smart meters per minute to achieve its deadline.
Florida Power & Light Company (FPL) has recently invested heavily in energy grid modernization.
Since smart meters enable two-way power and information flows to improve visibility into the energy grid, FPL has installed 4.9 million smart meters. On the other hand, Pacific Gas & Electric has installed 5.3 million smart meters in 2016.
Request Customized Report as Per Your Requirements –https://www.factmr.com/connectus/sample?flag=RC&rep_id=2626
Why to purchase this Report?
Following are the reasons to consider this Smart Meters Market report By Fact.MR - a market research and competitive intelligence provider:
• This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the Smart Meters market players and their working methodologies and their decision making capabilities.
• The report analyzes various factors which act as drivers and restraints to development and sales of Smart Meters market globally .
• This report not only analyzes present market condition but it likewise estimates how the Smart Meters market is going to perform for estimated time period.
• It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
Competitive Landscape Analysis On Smart Meters Market:
The smart meters market is highly competitive due to the presence of large number of manufacturers. The key players in the smart meters market include Itron Inc, Iskraemeco d.d, Landis+Gyr Ag,
Osaka Electric Co. Ltd, Elster Group GmbH, Siemens AG, General Electric Company, ICSA(India) Limited, Schneider Electric Sa, and Holley Metering Ltd.
To provide decision-makers with credible insights on their competitive landscape, the Smart Meters industry research report includes detailed Smart Meters market competitive landscape analysis.
The competitive landscape analysis for Smart Meters Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players.
The respective market share of Smart Meters manufacturers is provided so business leaders can understand the market scenario.
Pre-Book Right Now for Exclusive Analyst Support -https://www.factmr.com/checkout/2626
A few focus points of this Research are given below:
• Give a deep-dive analysis of the key operational strategies with a focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies
• Provide an overview of the product portfolio, including product planning, development, and positioning -Discuss the role of technology companies in partnerships
• Explore the regional sales activities
• Analyze the Smart Meters market size and giving the forecast for current and future Contraceptives Market during the forecast 2018 to 2026
• Analyze the competitive factors, competitors’ Smart Meters market shares, product capabilities, and Smart Meters Market supply chain structures.
• In-depth analysis of various Smart Meters Market insights, namely, Smart Meters Market trends, growth drivers, opportunities, and other related challenges.
• The potency of suppliers and buyers to make better business decisions.
• The report provides a comprehensive analysis of key factors that are expected to drive the Demand of Smart Meters market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Sales of Smart Meters market.
Read More Trending Reports of Fact.MR : https://www.globenewswire.com/en/news-release/2019/03/25/1760257/0/en/Cable-Bridge-Sockets-Sales-Surge-with-Continued-Efforts-toward-Suspension-and-Cable-Stayed-Bridge-Design-Improvements-Fact-MR.html
Thank you for reading our report. For further queries and customization inquiries, please get in touch with us. Our team will ensure the report is customized to meet your requirements. sales@factmr.com
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E-Mail: sales@factmr.com
Website : https://www.factmr.com/
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
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 Product Innovations And Advancements In Technology Will Boost Smart Meters Market Demand By 2026 -projected By Fact.MR here
News-ID: 2337057 • Views: …
More Releases from Fact.MR
Hemoglobinopathy Market Forecast Growing at 8.3% CAGR to Reach $1.7 Billion by 2 …
In 2024, the global hemoglobinopathy market (ヘモグロビン症市場) is estimated to be worth US$788.1 million, with a projected compound annual growth rate (CAGR) of 8.3% through 2034. By 2034, the market size is expected to exceed US$1,745.7 million. The rise of genetic testing has led to a significant shift in the hemoglobinopathy market towards personalized medication. Companies are leveraging this trend to develop tailored treatment plans based on each patient's DNA…
Sales Forecast of Elder Care Product Market to Reach US$ 56.7 Billion by 2034 wi …
The global elder care product market (高齢者介護製品市場) is anticipated to reach a value of US$ 29,600.2 million by 2024 and is expected to exceed US$ 56,719.4 million by 2034. Sales of these products are forecasted to grow at a CAGR of 6.7% through 2034, driven by the growing trend of aging-in-place. This trend is fueling innovations in technology integration, wearable health devices, and personalized safety solutions. Increasing awareness about elder…
Veterinary Oncology Market Predicts 12% CAGR Through 2033 With a US$ 800 Million
In 2023, the veterinary oncology market (獣医腫瘍学市場) was valued at US$ 260 million, and it's anticipated to reach US$ 800 million by the end of 2033, with a projected compound annual growth rate (CAGR) of 12% from 2023 to 2033. Veterinary oncology focuses on caring for pets diagnosed with cancer, with the goal of enhancing their overall quality of life. Cancer is the leading cause of mortality among companion animals,…
Sales of Luxury Eyewear are forecasted to reach US$ 56 billion by 2033
According to Fact.MR, a trusted provider of market research and competitive intelligence, the global Luxury Eyewear Market was valued at US$ 40 billion in 2023. Projections suggest that by the conclusion of 2033, this market is anticipated to escalate to US$ 56 billion. Forecasts indicate a steady Compound Annual Growth Rate (CAGR) of 3.4% in the global demand for luxury eyewear from 2023 to 2033.
The surge in luxury eyewear sales…
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…
