Press release
Smart Electric Meter Market reach at USD 11 billion by 2021 By Top Manufacture Schneider Electric, Landis+GYR, Icsa, Circutor
Smart Electric Meter Market, Smart Electric Meter Market Study, Smart Electric Meter Market Size, Smart Electric Meter Market Segm
Smart Electric Meter Market size is set to exceed USD 11 billion by Market Size Forecasters report examines the Smart Electric Meter Market for the period 2017- 2024. The primary objective of the report is to analyse the underlying factors that are driving growth of the futuristic outlook market: Smart Electric Meter Market, which is significantly transforming buying habits of consumers across various markets.
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Scope of the Report:
Growing demand for accurate billing coupled with efforts towards energy conservation will augment the global smart electric meter market growth. Rapid development of electricity network along with growing investment in smart grid will further complement the business landscape.
Increasing energy prices and growing instances of electricity theft will further boost product demand. According to a 2013 IMF report, global electricity theft was over USD 100 million. Rising concerns towards accuracy in billing among end users may positively influence the industry size.
The American Recovery and Reinvestment Act (ARRA) mandating strict regulations towards accurate billing along with increasing electricity demand will stimulate the U.S. smart electric meter market size. The U.S. Department of Energy and ARRA jointly invested USD 30 billion in 2009, to give an impetus to a wide range of sustainable energy projects and upgrade existing smart grid networks in the region.
Stringent regulations towards adoption of intelligent systems to precisely track electricity consumption will augment the smart electric meter market share. European Union Directive 2009/72/EC mandates member countries to undertake initiatives which will increase consumer awareness towards the benefits of adopting these products. Directive 2014/724/EU provides guidance to regulators on safeguarding and protecting consumers' consumption data.
Smart Electric Meter Market Best Manufactures:
Siemens, Itron, Schneider Electric, Landis+GYR, Icsa, Circutor, Holley Metering, Iskraemeco, Osaki Electric, Honeywell International, Sensus Sentec, Elster Group, Badger Meter and Neptune Technology.
Global Smart Electric Meter Market, By Application
Residential
Commercial
Utility
Global Smart Electric Meter Market, By Technology
AMI
AMR
Market Segment by Regions, regional analysis covers:
North America, U.S, Canada, Europe, Germany, UK, France, Italy, Spain, Asia Pacific, China, India, Japan, South Korea, Australia, Latin America, Brazil, Mexico, Middle East and Africa
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Table of Content:
Chapter 1. Methodology
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.2.2. Secondary
Chapter 2. Executive Summary
2.1 Smart Electric Meter industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
Chapter 3. Smart Electric Meter Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024 (USD Million)
3.3.1 Vendor matrix
3.4 Technology innovation landscape
3.5 Regulatory landscape
Chapter 4. Smart Electric Meter Market, By Product
4.1 Smart electric meter market share by application, 2016 2024
4.2 Residential
4.2.1 Residential smart electric meter market, 2013 - 2024
4.2.2 Residential smart electric meter market, by region, 2013 - 2024
4.3 Commercial
4.3.1 Commercial smart electric meter market, 2013 - 2024
4.3.2 Commercial smart electric meter market, by region, 2013 - 2024
4.4 Utility
Chapter 5. Smart Electric Meter Market, By Application
5.1 Smart electric meter market share by technology, 2016 2024
5.3.2 AMI smart electric meter market, by region, 2013 - 2024
………………..
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