Asia Pacific Smart Meter Market 2022 In Depth Investigation and Analysis Report on Key Players by 2030 | Itron, Sensus, Badger Meter

Astute Analytica released a new market report on the Asia Pacific Smart Meter Market. The in-depth study of the industry includes inputs, information, and data from primary and secondary sources that have been evaluated and verified by specialists in the target market.

Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.

The Asia Pacific Smart Meter Market size was US$ 32,923.9 million in 2021 and forecast to grow to US$ 42,809.1 million by 2030 by registering a compound annual growth rate (CAGR) of 20.1% during the forecast period from 2022 to 2030.

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Regional Analysis

North America is forecast to emerge as the largest shareholder in the industry in terms of revenue. The growth of the market is attributable to various factors, including early adoption of advanced technology, growing investments in the sector, and rising infrastructural development. Furthermore, the Asia-Pacific market for information technology will also grow steadily due to growing spending by government bodies. Additionally, increasing initiatives to improve infrastructure will also drive the market forward.

COVID-19 Impact

The COVID-19 outbreak forced many organizations to adapt to digital methods, which rapidly accelerated digital transformation. Work environments changed abruptly as remote work became the new normal among organizations. As a result, it is forecast to strengthen the potential scope of the information technology market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.

Major Key Players in the Asia Pacific Smart Meter Market are:

Itron
Sensus
Badger Meter
Landis+gyr
Schneider Electric
Segmental Analysis:

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the Asia Pacific Smart Meter Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.

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Segmentation Overview

By Type

Smart Electricity Meter
Smart Water Meter
Smart Gas Meter
By Communication Method

Radio Frequency
Power Line Communication
Cellular
By Phase

GISM (Single Phase)
GIST (Three Phase)
GISS (Heavy Consumers)
By Technology

Automated Meter Reading (AMR)
AMI
By End-User

Residential
Commercial
Industrial
By Country

China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
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This release was published on openPR.