Press release
Smart Electric Meters Market Size and Forecast Estimate of Top Manufacturers with Share and Analysis from 2022 to 2027
The Smart Electric Meters Market report's goal is to give readers a comprehensive overview of the insulating market from 2022 to 2027. It contains historical and prospective perspectives on the following parameters: revenue, demand, and supply statistics, as well as an overview of the industry and a study of market growth (if applicable). To give advanced explanations of the properties of the insulating Smart Electric Meters Market, use proprietary tools and other successful representative tools (such as Porter's Five Forces Analysis, SWOT, PESTEL, Ansoff Matrix, etc.). Estimates, predictions, and trend analyses for each region also include countries and regionsSmart Electric Meters Market is expected to register a CAGR of 10.5% over the forecast period 2022 – 2027
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The study covers competitive landscape of top manufacturers are: Landis+Gyr (Toshiba Corporation), Itron, Honeywell, Aclara, Microchip Technology, Iskraemeco, Wasion Group, Schneider Electric, Jiangsu Linyang, Siemens, Genus Power Infrastructure, Networked Energy Services, Holley Metering
Recent Developments:
March 2021: Itron Inc. announced smart residential meters developed for utilities and German cities. It complements Germany's low carbon energy trade alongside an affordable and reliable power supply.
Honeywell International has acquired 82 companies, including 13 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 8 assets.
Honeywell International’s largest acquisition to date was in 1999, when it acquired Honeywell for $13.8B. It’s largest disclosed sale occurred in 2016, when it sold Honeywell Technology Solutions to KBR for $300M. Honeywell International has acquired in 26 different US states, and 13 countries. The Company’s most targeted sectors include manufacturing (13%) and technology hardware (12%).
Market Overview:
The smart electric meter enables users to gain sufficient electricity and save costs generated by electricity consumption. It saves electricity consumption and enables electric companies to eliminate monthly manual reading, lower electricity costs, provide real-time data to avoid power outages, and instantly monitor the system. Further, it provides significant advantages to consumers by providing easy user controls and tracking electricity consumption. The increasing awareness regarding the product's benefits among consumers is expected to boost its demand. Additionally, the rising awareness regarding renewable energy is expected to attract consumer demand. These factors are likely to drive the smart electric meter market growth.
Global Smart Electric Meters Market Segmentation:
Segmentation By Type:
Single
Three
Others
Segmentation By Application:
Industrial
Commercial
Residential
Others
Report Link:
https://www.marketintelligencedata.com/reports/656462/global-and-japan-smart-electric-meters-market-insights-forecast-to-2027?Mode=KS
Regional Analysis:
Rising Adoption of Smart Meters to Boost Market Growth in Asia-Pacific
Asia-Pacific is expected to dominate the smart electric meter market share because of the rising adoption of such meters for minimizing unaccounted electricity loss. The market in Asia pacific stood at USD 10.82 billion in 2020 and is projected to grow significantly during the upcoming years. Further, the introduction of tariff plans customized as per customer's usage is likely to fuel smart electric meter's demand. The adoption of direct communication between customers and companies and the remarkable meter deployment in China is expected to fuel market growth.
North America, Europe, China, Japan, Southeast Asia, and India are just a few examples.
North America is located in North America (United States, Canada, and Mexico).
Europe is a continent that has a (Germany, France, United Kingdom, Russia and Italy).
Asia and the Pacific (China, Japan, South Korea, India and Southeast Asia).
Highlights of Smart Electric Meters Market report:
Detailed analysis of the Smart Electric Meters Market
Changing industry market dynamics
In-depth market segmentation by type, application, and other factors
Market size, both in terms of size and value, in the past, present, and future.
Current trends and advancements in the industry
Smart Electric Meters Market Competitive Landscape
Important players and product offerings
High-potential and specialist sectors/regions that are expected to flourish.
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Smart Electric Meters Market Table of Contents
Chapter 1: Smart Electric Meters Market Overview
Chapter 2: Regional Market Situation and Forecasts
Chapter 3: Global Market Trends and Forecasts by Product Type
Chapter 4: Downstream Industry Market Status and Forecast
Chapter 5: Analysis of Market Driving Factors
Chapter 6: Major Manufacturers' Market Competition Situation
Chapter 7: Introduction to Major Manufacturers and Market Data
Chapter 8: Market Analysis Upstream and Downstream
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Conclusion of the Market Report
Chapter 12: Research Methodology and References
Customization:
The Global Smart Electric Meters Market research may be customized to match your unique company requirements. We offer free 20% customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.
About Us:
Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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