Press release
Smart Meters Market Report 2017: Trends,size 2022
Smart Meters Market
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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 Advanced Metering Infrastructure (AMI) technology segment is expected to grow at the fastest CAGR from 2017 to 2022”
With regards to the technology segment, Advanced Metering Infrastructure (AMI) are expected to constitute the fastest growing market from 2017 to 2022 because of its advanced technology. Moreover, AMI reduces labor cost and several power, water, and gas utilities worldwide are replacing AMR with AMI infrastructure, further creating growth opportunities for the AMI market.
Smart Meters Market, By Application
• Utilities
• Commercial
• esidential
• 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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