Press release
Global Smart Commercial Electricity Meter Market is projected to Showcase Tremendous CAGR of 8.5% over the forecast period - Research Nester
The global smart commercial electricity meter market is segmented into technology such as advanced metering infrastructure (AMI) and automatic meter reading (AMR). Further, advanced metering infrastructure (AMI) is projected to be the fastest growing segment in overall Smart Commercial Electricity Meter market by the end of 2024. Further, the growth of advanced metering infrastructure (AMI) segment is riding on the back of advanced technical features as it notifies the consumer to perform observation and maintenance task.
Global Smart Commercial Electricity Meter Market is expected to register a 8.5% CAGR over the forecast period. Moreover, the global smart commercial electricity meter market is projected to expand at exponential revenue during the forecast period i.e. 2017-2024. The market is expected to expand on the back of favorable government policies and increasing consumer awareness.
Request Report Sample@ https://www.researchnester.com/sample-request-460
The three phase segment by phase is believed to showcase a considerable CAGR during the forecast period. Moreover, Asia-Pacific region accounted the largest market of smart electricity meter in terms of revenue in 2016. Likely, rising energy saving policies by government in Asia-Pacific region is one of the major factors propelling the growth of smart electricity meter market. North America and Europe regions are also bolstering the market of smart electricity meter by the end of 2024. In addition to this, evolution of electronic industry along with rising demand for high end commercial products are likely to strengthen the growth of smart electricity meter market.
Rising energy prices
Growing demand for energy saving product and rising awareness among the consumers to limit the energy usage are predicted to boost the demand for smart electricity meter. Further, rising investment to develop smart grid and increasing demand for accurate electricity billing are bolstering the growth of smart electricity meter market.
Request For TOC Here: https://www.researchnester.com/toc-request/1/rep-id-460
Stringent government polices
Favorable government initiatives for the adoption of intelligent electricity meter to curb the electricity consumption are likely to flourish the growth of smart electricity meter market. Furthermore, technological advancement in the field of electricity meters coupled with rising GDP figures of developed and developing nations such as U.S., China and others are projected to supplement the growth of smart electricity meter market. On the contrary, high cost related with the installation of smart electricity meter is anticipated to hinder the growth of smart commercial electricity meter market over the forecast period.
The report titled “Smart Commercial Electricity Meter Market : Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global smart commercial electricity meter market in terms of market segmentation by technology, by phase and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Buy This Premium Reports Now @ https://www.researchnester.com/payment/rep-id-460
This report also provides the existing competitive scenario of some of the key players of the global smart commercial electricity meter market which includes company profiling of Siemens, Schneider Electric, Landis+GYR, Sensus Sentec, Holley Metering, Iskraemeco, Osaki, Honeywell International, Elster Group and Neptune Technology. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global smart commercial electricity meter market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
For more details visit @ https://www.researchnester.com/reports/smart-commercial-electricity-meter-market-global-demand-analysis-opportunity-outlook-2024/460
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
Name:- Ajay Daniel
1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Email: ajay.daniel@researchnester.com
U.S. +1 646 586 9123
U.K. +44 203 608 5919
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Smart Commercial Electricity Meter Market is projected to Showcase Tremendous CAGR of 8.5% over the forecast period - Research Nester here
News-ID: 938533 • Views: …
More Releases from Research Nester Pvt Ltd
Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions An …
The chemical fertilizers market has been segmented into macronutrients, micronutrients, application and forms. Based on macronutrients, the market has been segmented into nitrogen based fertilizers, phosphate based fertilizers and potash based fertilizers.
Among these segments, the nitrogen based fertilizers are estimated to dominate the market by holding the largest share of approximately 50%. This can be attributed to the absorption of nitrogen by plants. In 2013, the demand for nitrogen…
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Prod …
The global glass coating market is segmented by coating type into pyrolytic coating, magnetic sputtering coating and sol-gel coating; by technology into liquid glass coating and nano glass coating; by application into construction, paints & coating, automotive, aviation and others and by regions.
According to Federal Reserve Bank of Chicago represents increase in sales of light vehicle in China by 2.1%, Latin America by 6.2%, Europe by 2.6%, and Rest…
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And To …
The global insect repellent market is segmented by repellent type into coils, liquid vaporizers, sprays/aerosol, mats, cream and oil; by ingredient into natural and synthetic; by sales channel into online and offline and by regions. The insect repellent market is anticipated to mask a CAGR of 8.3% during the forecast period i.e. 2019-2027.
The rising penetration of insect repellents in untapped rural markets across the developing countries as well as…
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, De …
The global waterproofing market is segmented on the basis of type, application and end-use. The market is segmented on the basis of type, it is segmented into Bitumen, PVC, TPO and EPDM. Bitumen leads the product segment in 2017 on the account of superior properties which include high viscosity, resistance to UV light and better binding nature. On the basis of application, it is segmented into Roofing and Walls, Flooring,…
More Releases for Meter
Ultrasonic Water Meter Market Ultrasonic Water Meter Market
The proposed Ultrasonic Water Meter Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.
The Ultrasonic Water Meter Market sample report…
Water Meter Market 2021 Growing Demand, Size and Business Outlook- Ningbo Water …
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Water Meter market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.
The Water Meter Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and…
Smart Water Meter Market 2017- SenTec, Badger Meter, Sensus, Aquiba, Itron
Apex Research, recently published a detailed market research study focused on the "Smart Water Meter Market" across the global, regional and country level. The report provides 360° analysis of "Smart Water Meter Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Smart Water Meter industry, and estimates the future trend of Smart…
Smart Gas Meter Market Outlook 2017- Trilliant, Sensus, Billion, Wasion, Meter I …
A market study ” Global Smart Gas Meter Market ” examines the performance of the Smart Gas Meter market 2017. It encloses an in-depth Research of the Smart Gas Meter market state and the competitive landscape globally. This report analyzes the potential of Smart Gas Meter market in the present and the future prospects from various angles in detail.
The Global Smart Gas Meter Market 2017 report includes Smart Gas Meter…
Global Smart Meter Market (Electricity, Gas, Water): By Type - Smart Electricity …
MarketResearchReports.Biz adds “Global Smart Meter Market 2011 Share, Size, Trends and Forecast to 2022 Market Research Report” reports to its database. This report provides a strategic analysis of the Smart Meter market and the growth estimates for the forecasted period.
Global rise in energy demand along with the emerging trends in smart grid technologies, integration, and advanced infrastructure along with IoT (Internet of Things) has led to the growth of Smart…
Global Smart Water Meter Market 2017 - Arad Technologies, Badger Meter, Elster
The motive of this strategic research report entitled “Global Smart Water Meter Market 2017” is to provide company officials, industry investors and industry members with consequential insights to enable them make reliable strategic decisions regarding the opportunities in the global Smart Water Meter market.
Key Notes On Smart Water Meter Market:
“Global Smart Water Meter Market 2017” offers crucial insights into the global Smart Water Meter market along with the market size…
