Press release
Smart Meters Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2030
Smart Meters Market
Smart Meters Market was worth USD 21.79 billion in 2020 and is poised to accumulate a valuation of USD 54.34 billion by 2030, thereby amplifying at a CAGR of 10.10% over the forecast period of 2022-2030.
However, the high cost of smart metre installation, which is borne by end users, limits market expansion. The demand for smart metres is being properly managed by various grid operators as well as other gas and water utility providers. However, the market's multiple benefits, such as automatic metre reading and bill production, are projected to contribute to the market's growth.
Smart metres are electronic devices that monitor and record energy, water, and gas usage. They share the data with customers to help them understand their use patterns, as well as with electricity providers for system monitoring and billing. The ability to communicate two-way between the metre and the central system is what distinguishes smart metres.
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Global Smart Meters Market: Segmentations
Major Key Players
• Aichi Tokei Denki
• Apator SA
• Arad Group
• Azbil Kimmon Co. Ltd
• Badger Meter Inc.
• Diehl Stiftung & Co. KG.
• Elster Group GmbH
• EM, Apator SA
• General Electric Company
• Hexing Electric Company Ltd
• Holley Technology Ltd
• Itron
• Jiangsu Linyang Energy Co. Ltd
• Kamstrup AS]
• Landis+ GYR Group AG
• Landis+Gyr
• Mueller Systems LLC
• Nanjing Xinlian Electronics Co. Ltd
• Neptune Technology Group Inc.
• Schneider Electric
• Sensus
• Siemens
• Wasion Group
By Type:
• Electric
• Gas
• Water
By Communication Type:
• Radio Frequency (RF)
• Programmable Logic Controller (PLC)
• Cellular
By Component:
• Software
• Hardware
By Technology:
• AMI (Advanced Metering Infrastructure)
• AMR (Automatic Meter Reading)
By End-Use:
• Residential
• Industrial
• Commercial
Table of Contents
1. Global Smart Meters Market Introduction and Market Overview
2. Global Smart Meters Market - Executive Summary
3. Smart Meters Market Trends, Outlook, and Factors Analysis
4. Global Smart Meters Market: Estimates & Historic Trend Analysis (2018 to 2021)
5. Global Smart Meters Market Estimates & Forecast Trend Analysis, by Deployment
6. Global Smart Meters Market Estimates & Forecast Trend Analysis, by Component
7. Global Smart Meters Market Estimates & Forecast Trend Analysis, by Content Type
8. Global Smart Meters Market Estimates & Forecast Trend Analysis, by End Use
9. Global Smart Meters Market Analysis and Forecast, by Region
10. North America Smart Meters Market: Estimates & Forecast Trend Analysis
11. Europe Smart Meters Market: Estimates & Forecast Trend Analysis
12. Asia Pacific Smart Meters Market: Estimates & Forecast Trend Analysis
13. Middle East & Africa Smart Meters Market: Estimates & Forecast Trend Analysis
14. Latin America Smart Meters Market: Estimates & Forecast Trend Analysis
15. Competitive Landscape
16. Company Profiles
17. Assumptions and Research Methodology
18. Conclusions and Recommendations
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Key Benefits For Stakeholders
• This study comprises analytical depiction of the global smart meter market outlook along with the current trends and future estimations to depict the imminent investment pockets.
• The overall smart meter market analysis is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and smart meter market opportunities with a detailed impact analysis.
• The current smart meter market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
• Porter's five forces analysis illustrates the potency of the buyers and the smart meter market share of key vendors.
• The report includes the market trends and the market share of key vendors.
FAQs
1)What is the Smart Meters market growth?
2) Which product segment accounts for the highest market share in the Smart Meters market?
3) Does the Smart Meters market company is profiled in the report?
4) Which are the top companies hold the market share in Smart Meters market?
5) How can I get sample reports/company profiles for the Smart Meters market?
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