Smart Meters are a part of the utility industry. They help through depiction of valuable insights regarding the usage of energy due to the technological interventions made in them. The growth in this sector is due to the rise in investments in the smart grid projects as well as changes in government policies.
The growth driver of this market is government support and technological advancements in terms of smart grid development, infrastructure development, rise in population, etc. These reasons have led to installation of more and more smart meters and will rise in the future years.
This market is very dependent on the type of logistics that drives it. Also it is seen that the installation costs are high for its users. Also there are several health effects due to wireless signals in meters, security and regulatory constraints that act as a hindrance.
Segmentation on the basis of the type of product includes smart electric meters, smart gas meters and smart water meters. It is also segregated into residential and commercial on the basis of its application.
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There is an expectation of growth of installation of new meters and upgradation of old ones in regions like Asia-Pacific and Western Europe. China and Japan will also show growth in demand in this sector. North America is expected to show slow growth as infrastructure for energy has already been well developed and future scope is less.
List of the major players in this market include Echelon Corporation, General Electric, Toshiba Corporation, Siemens AG, Holley Metering Limited and others.
Report Contents Regional Analysis Report Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
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Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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