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Electric Smart Meter Market 2021 Highlights, Recent Trends, Market Growth and Opportunities till 2027 - Landis+Gyr, Itron, Honeywell Elster, Aclara Technologies

09-17-2021 02:49 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Electric Smart Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2026. The structured analysis contains graphical as well as a diagrammatic representation of the global Electric Smart Meter Market with its specific geographical regions.

 “Electric Smart Meter market size is expected to grow from estimated revenue of USD 20.7 billion in 2020 to USD 28.6 billion by 2025, at a CAGR of 6.7%.”

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Top leading Companies Profiled in Electric Smart Meter Market Report are Landis+Gyr, Itron, Honeywell Elster, Aclara Technologies (GE Meter), ELO Sistemas Eletronicos, Sensus, IUSA, Siemens, Nansen, S&T AG

Smart electric meters can assist the end-users to monitor its electricity consumption data, and thus customize their usage based on the electricity tariff rates. Smart electric meters are intelligent devices, which measure the electrical consumption along with remote meter connection and disconnection, fault detection, reporting, and analysis of the consumed electricity in units on a day-to-day basis.

Recent Developments

In January 2020, Landis+Gyr introduced Revelo electric meters with advanced grid sensing technology.

In January 2020, Itron launched a 4G LTE smart metering solution that provides broad territory coverage, low latency, and network longevity using 4G LTE technology.

In March 2019, Wasion Group won a contract with Guizhou Power Grid Corporation to deliver items such as communications and terminal products, smart meters, and smart power solutions.

Global Electric Smart Meter Market Split by Product Type and Applications:

Market Research Study Focus on these Types:

Single-phase Smart Meter

Three-phase Smart Meter

Market Research Study Focus on these Applications:

Residential Application

Commercial Application

Industrial Application

SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)

Regional Analysis for Electric Smart Meter Market:

For a comprehensive understanding of market dynamics, the global Electric Smart 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.

Electric Smart Meter Market Scenario:

This research report represents a detailed research overview of the competitive landscape of the Electric Smart Meter Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Electric Smart Meter Market in a detailed manner for better insights into the businesses.

The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Takeaways from Electric Smart Meter Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Electric Smart Meter market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Electric Smart Meter market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Electric Smart Meter

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In conclusion, the Electric Smart Meter market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Electric Smart Meter Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687

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.

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