Smart Meters Market Share 2017 | Research, Size, Price, Analysis 2022

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The smart meters market is projected to reach USD 19.98billion by 2022, at a CAGR of 9.34% from 2017 to 2022. Smart meters are used in the industrial, commercial, and residential sector, measuring energy consumption of the consumers. Factors such as government policies & mandates in developed economies and accurate billing & improved customer service are driving the market globally. Residential customers are the fastest end-users of smart meters, followed by commercial and industrial customers. High installation costs for end-users wouldbe a restraint for the smart meters market.

“The residential application segment is expected to grow at the highest CAGR from 2017 to 2022”

With regards to the application segment, the residential segment is expected to constitute the fastest growing market from 2017 to 2022. The meters measure the electricity, water, and gas consumption and communicate this to the central utility system. The installations of these devices in the residential sector helps in reducing CO2 emissions globally as the consumer’s inclination towards peak time savings of energy would increase. The increasing residential construction activities and government mandates like the European Union 20-20-20 policy,

Smart Meters Market, By Application

• Utilities
• Commercial
• Residential
• Industrial

Smart Meters Market, By Type

• Smart Electric Meters
• Smart Water Meters
• Smart Gas Meters

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Fundamentals of Table of Content:

11 Company Profiles

(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*

11.1 Introduction
11.2 Aclara Technologies LLC.
11.3 Microchip Technology Inc.
11.4 EDMI Ltd.
11.5 Holley Metering Ltd.
11.6 Honeywell International Inc.
11.7 Itron Inc.
11.8 Schneider Electric
11.9 Siemens AG
11.10 Toshiba Corporation
11.11 Wasion Group
11.12 Sensus.
11.13 Badger Meter Inc.
11.14 Kamstrup A/S
11.15 Icsa (India) Limited
11.16 Iskraemeco
11.17 Jiangsu Linyang Electronics Co.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

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