MartinIssac

MartinIssac


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Global Smart Meter Market Is Anticipated To

MartinIssac
MartinIssac 4/26/2022 11:59:50 AM

Global
Smart Meter Market Is Anticipated To Cross The Market Size Of USD 27 Billion By
2027


The
smart meters come with a handy in-home display called as IHD, through this you
can see how much energy you are consuming and the cost of the same. These
meters also provide automatic meter readings and can automatically send you the
usage report. The smart meters are somewhat similar to the traditional meters
at our homes, that measures and records the energy consumption. Whenever there
is power cut, the smart meter immediately informs the utility and then it
quickly dispatches the crews to resolve situation and within some time your
power will comeback.

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avail a free sample report visit here:
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The
smart meters can automatically transfer all the information about your energy
usage, including meter readings. These meters are great for reducing your
electricity bills, by understanding what all electric appliances are in use.
They display your energy using not just kilowatt hours, but also shows readings
in pounds and pence. The meters are very helpful for the consumers to
understand how they are using their energy. They give you a detailed bill of
the energy consumption used regularly to you and you can receive the accurate
bill. The smart meters improve the grid efficiency, by understanding the flows
of the electricity through the grid and through the distributions of the
networks.

According
to the research report published by Bonafide Research titled as “Global
Smart
Meter Market
Outlook, 2027”, states that the global smart meter’s market is
supposed to reach to USD 27.3 Billion by the forecasted year. As per recent
studies the market is growing by 8.4% annually over 2020.

By
the forecasted year 2027, the market will be driven by the advancements in the
metering technologies, the rising awareness within people regarding energy
conservation and the surging government initiatives. However, this will impact
on the sales volume and it will register more than 6.2% CAGR by the end of the
forecasted year.

In-depth qualitative analyses include identification and
investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces



The trend and outlook of global market is forecast in optimistic, balanced, and
conservative view by taking into account of COVID-19. The balanced (most
likely) projection is used to quantify global smart meters market in every
aspect of the classification from perspectives of Component, Technology,
Communication Type, Phase, Specification, Application, End Use, and Region.



Based on Component, the global market is segmented into the following
sub-markets with annual revenue for 2017-2027 included in each section.

• Hardware

• Software & Service



Based on Technology, the global market is segmented into the following
sub-markets with annual revenue for 2017-2027 included in each section.

• Automatic Meter Reading (AMR)

• Advanced Metering Infrastructure (AMI)



Based on Communication Type, the global market is segmented into the following
sub-markets with annual revenue for 2017-2027 included in each section.

• Cellular Technology

• Radio Frequency (RF)

• Power Line Communication (PLC)

• Other Communication Types



Based on Phase, the global market is segmented into the following sub-markets
with annual revenue for 2017-2027 included in each section.

• Single-phase Smart Meters

• Three-phase Smart Meters



Based on Specification, the global market is segmented into the following
sub-markets with annual revenue for 2017-2027 included in each section.

• SMETS1 Smart Meters

• SMETS2 Smart Meters



Based on Application, the global market is segmented into the following
sub-markets with annual revenue for 2017-2027 included in each section.

• Smart Electricity Meters

• Smart Gas Meters

• Smart Water Meters



Based on End Use, the global market is segmented into the following sub-markets
with annual revenue for 2017-2027 included in each section.

• Residential Use

• Commercial Use

• Industrial Use



Geographically, the following regions together with the listed national/local
markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of
APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New
Zealand, Vietnam, Taiwan, and Philippines)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of
Europe is further segmented into Netherlands, Switzerland, Poland, Sweden,
Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for
annual revenue are available for 2017-2027. The breakdown of all regional
markets by country and split of key national markets by Component, Application,
and End Use over the forecast years are also included.



The report also covers current competitive scenario and the predicted trend;
and profiles key vendors including market leaders and important emerging
players.

Key Players (this may not be a complete list and extra companies can be added
upon request):

Aclara Technologies

Badger Meter, Inc

Diehl Stiftung GmbH & Co. KG

EDMI

Elster Group GmbH

Holley Technology Ltd

Honeywell International Inc.

Iskraemeco

Itron Inc

Landis+Gyr Group AG

Schneider Electric SA

Sensus USA Inc.

Siemens AG

Sagemcom SAS

Wasion Group Holdings



Table Of Content:

1.      Executive
Summary

2.      Report
Methodology

3.      Market
Structure

3.1.   Market
Considerate

3.2.   Market
Definition

4.      Economic
/Demographic Snapshot

5.      Global
Smart Meters Market Outlook

5.1.   Market
Size By Value

5.2.   Market
Share

5.2.1.By Region

5.2.2.By
Country

5.2.3.By
Company

5.2.4.By End
Use

5.2.5.By
Application

5.2.6.By
Component

5.2.7.By
Communication Type

5.2.8.By
Phase

5.2.9.By
Technology

5.2.10.   By
Specificication

…continue



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MartinIssac
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