Global Smart Meter industry key vendors, manufacturers, suppliers and analysis market report forecast from 2018 to 2023

Smart Meter Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis of Smart Meter Market.

Pune, India - July 12, 2018 /MarketersMedia/ —

 

Smart Meter Market 2018 By Manufacturers, Regions, Type And Application, Forecast To 2023

Smart Meter Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis of Smart Meter Market. A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure differs from traditional automatic meter reading in that it enables two-way communications with the meter.

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Key players
Leading players in Smart Meter Market are:
Landis+Gyr, Itron, GE Digital Energy, Siemens, Kamstrup, Sensus, Elster Group, Silver Spring Networks, Aclara, Nuri Telecom, Sagemcom, Trilliant, Iskraemeco, Echelon, Tantalus Systems, ZIV, Sanxing, Linyang Electronics, Wasion Group, Haixing Electrical, Techrise Electronics, Chintim Instruments, XJ Measurement & Control Meter, Clou Electronics, HND Electronics, Longi, Hengye Electronics, Holey Metering, Wellsun Electric Meter, Sunrise, Xiou International Group, Pax Electronic Technology, Huayi Electronics, Changyi Group, Gaoke, Shenzhen Kaifa Technology, Risesun Group, Banner, Bada Instruments, Jinling Intelligent Electric Meter

Market Scenario:

The largest smart meter markets have been North America, Europe and eastern Asia (particularly China). And the market is supplied by a combination of large multinational firms and smaller local manufacturers. The leading global firms include Landis+Gyr (based in Switzerland but owned by Toshiba Corp. of Japan), GE Digital Energy (United States), Itron (United States), Aclara (United States), Elster Group (Germany), Sensus (United States) and Holley Metering (China), among others. These companies tend to compete against each other globally to supply most of the largest smart meter markets. In many markets, these leading global firms also face competition from local manufacturers. In China, for example, local manufacturers supply the bulk of the market.

China has become the world’s largest market for smart electricity meters as a result of several initiatives by the Chinese national government. The demand for smart meters in China is expected to grow from 62.3 million units in 2015 to 120 million units by 2021.

Smart Meter Market Segmentation
The Smart Meter market is segmented based on Application & product type. On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into, Single-phase smart meter, Three-phase smart meter, , By Application, the market can be split into, Residential application, Commercial application, Industrial application

Regional analysis
Based on geographies Smart Meter market has been analyzed as:
North America, Europe, China, Japan, India, Southeast Asia, Other regions (Central & South America, Middle East & Africa)

The main points which are answered and covered in this Report are-

What will be the total Smart Metermarket size in the coming years till 2021?
What will be the key factors which will be overall affecting the industry?
What are the various challenges addressed?
Which are the major companies included?

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Organization: Garner Insights

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