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At A CAGR Of 13.8% , Electricity Submeters Market in Europe Industry will rise in the period of 2016-2019

12-07-2016 01:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Electricity Submeters

About electricity submeters

Electricity submeters are connected downstream from utility meters to provide disaggregated energy and power quality data to key decision makers such as facility managers, building owners, and tenants, allowing them to increase efficiency and assess the systems more easily. Electricity submetering is the technology of choice for energy managers concerned about the efficiency of buildings and factories, and helps them understand energy usage and identify areas for improvement. The latest metering tools and solutions offer a deep insight into the energy consumption of individual pieces of equipment in a building, and help building owners and managers control the costs of commercial, industrial, and residential buildings.

Technavio's analysts forecast the electricity submeters market in Europe to grow at a CAGR of 13.8% over the period 2014-2019.

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Covered :

Technavio's report, Electricity Submeters Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers electricity submeters market landscape in Europe and its growth prospects in the coming years. The report also includes the segmentation of electricity submeters market in Europe on the basis of type of submeters and end-users. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ABB
Eaton
GE
Honeywell International
Schneider Electric

Other prominent vendors

Integrated Metering Systems
Meters UK
Siemens

Key driver

Increased focus on improving energy efficiency of buildings
For a full, detailed list, view our report

Key challenge

High cost of electricity submeters
For a full, detailed list, view our report

Key trend

Increased investment in submetering technology
For a full, detailed list, view our report

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