Smart Metering Systems Market Size 2021 Global Industry Overview, Share, Trends, Growth Factors, Historical Analysis, Opportunities and Industry Segments Poised for Rapid Growth by 2026 |Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group
The Global Smart Metering Systems Market Size is Projected to Reach at a CAGR of 10.7% during 2021-2026.
The data studied for the preparation of the report takes under consideration the present major players and therefore the major players which will be listed. Industry top players are: Landis+Gyr, Itron, Siemens, Kamstrup, Elster Group, Nuri Telecom, Sagemcom, Iskraemeco, ZIV, Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, XJ Measurement & Control Meter, Chintim Instruments,
July 2020- UAB Elgama Elektronika, a holding subsidiary of Jiangsu Linyang Energy Co., LTD. announced winning the bidding of Smart electricity meter project of PGE Dystrybucja S.A. and Innogy Stoen Operator (hereinafter referred to as “Innogy Company”).
Sept 2020- Sagemcom SAS partnered with ELLEVIO and its own local Partner, ONE Nordic to improve the Swedish electricity system by being one the first Nordic DSO to start its 2nd generation smart meters large scale rollout. In less than 8 months and within a specific context, Sagemcom has developed and certified the new generation of smart meters which are installed in the field by ONE Nordic since June 2020 in Stockholm area.
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Covid-19 Impact and Recovery Analysis:
The number one goal of this Smart Metering Systems Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Smart Metering Systems market document.
Smart Metering Systems market is split by Type and by Application. For the period 2021-2026, the growth among segments provides accurate cunnings and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation by type:
Market segmentation by application:
Global Smart Metering Systems Market is further classified on the basis of region as follows:
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.
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Table of Contents Smart Metering Systems Market
- Chapter 1: Overview of Smart Metering Systems Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Manufacturers Introduction and Market Data
- Chapter 8: Upstream and Downstream Market Analysis
- Chapter 9: Cost and Gross Margin Analysis
- Chapter 10: Marketing Status Analysis
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Smart Metering Systems Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Smart Metering Systems Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report offers significant features about the central members that are existing in the business for quite a while just as gives insights about their production design, product portfolio, and other data. The study document contains an assessment of various drivers, upcoming technologies, opportunities, market risks, restraints, market barriers, challenges, trends, competitive landscape, and segments which gives an exact picture of the growth of the global Smart Metering Systems market.
The Global Smart Metering Systems Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
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