Press release
South and Central America Smart Meters Market 2022 Share, Size, Growth Factors, Top Leaders, Development Strategy and Forecast 2028 | Landis+Gyr Group AG, Sensus USA Inc. (Xylem Inc.), Echelon Corporation
South and Central America Smart Meters Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The South and Central America Smart Meters market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.The South and Central American Smart Meter Market witnessed a shipment of approximately 4.14 million units of smart meters in 2020 and is estimated to reach to 7.86 Million units by 2027, registering a CAGR of 8.59% for the forecast period (2022-2027).
Top Key Players are covered in this report: Landis+Gyr Group AG, Sensus USA Inc. (Xylem Inc.), Echelon Corporation, Itron Inc., Enel Spa, Diehl Stiftung & Co. KG, Wasion Group Holdings, General Electric Co., Hexing Brasil Holding, Elster Group GmbH (Honeywell), Kamstrup AS, Arad Group, Zenner International GmbH & Co. KG, Eletra Energy
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Recent Developments:
Jan 2020 - Landis+Gyr launched an Omni-carrier cellular meter and services solution in order to simplify the installation and operation of cellular communications for utility IoT applications. With a single meter model supporting a variety of available cellular carriers, the meter can automatically provision the optimal carrier network on installation and provides increased resilience with automatic failover.
Key Market Trends:
Brazil to Hold a Major Share for Gas Meter Market
- The Brazilian government announced a funding of around USD 200 million for the development of smart grids. It also announced plans to deploy smart meters in the entire country by 2022. The aforementioned factors, coupled with Brazil's strong focus on renewable energy generation, are expected to act as driving factors for the Brazilian smart gas meter market.
- With the growing need for natural gas and the construction of pipelines in Brazil, the utility sector is now leveraging the benefits of the Internet of Things, in order to bring about smart gas meters in various businesses. Smart gas metering systems have become the most desirable option, and they are now providing billing accuracy, real-time data monitoring, and improved customer service.
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Key market aspects are illuminated in the report:
Executive Summary: It covers a summary of the most vital studies, the Global South and Central America Smart Meters market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global South and Central America Smart Meters market, the years measured, and the study points.
Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.
Manufacture by region: This Global South and Central America Smart Meters Market report offers data on imports and exports, sales, production and key companies in all studied regional markets
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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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