(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 23, 2021, 01:25 /Comserve / -- Global Smart Electricity Meter Market The smart electricity meters enable increased energy efficiency and optimum utilization of renewable resources.
With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
Global Smart Electricity Meter Market The smart electricity meters enable increased energy efficiency and optimum utilization of renewable resources. The smart electricity meter efficiently tracks the inflow and outflow of electricity in the system. It accounts for the surplus and unconsumed energy generated from solar and wind power that gets fed back to the grid, enabling customers to gain an advantage of feed-in tariffs. Hence, the deployment of smart electricity meters strongly contributes to the development of renewable energy in various countries.
According to MarkNtel Advisors' research report titled“Global Smart Electricity Meter Market Analysis, 2020”, the Smart Electricity Meter market is projected to register a CAGR of around 9% during 2020-25. The demand for advanced metering infrastructure is anticipated to boost in the forthcoming period as it delivers advanced services such as real-time electricity utilization, measure voltage, connect and disconnect services, etc.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: Global Smart Electricity Meter Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Moreover, the commercial and residential sectors acquired a considerable market share in the Global Smart Electricity market in 2019. The inclination of residential consumers toward the peak time energy savings is positively impacting the demand for smart electricity meters. Moreover, the surging residential and commercial construction activities in countries such as Saudi Arabia, China, Canada, etc., are projected to positively impact the growth of the Global Smart Electricity market.
According to MarkNtel Advisors, the key players capturing a considerable market share in the Global smart electricity market include Landis+Gyr, Itron, Wasion, Hexing, Elster, Sagemcom, etc. The companies are signing agreements to gain a competitive edge in the industry. Moreover, the companies are increasingly acquiring contracts to deliver smart metering services to the customers.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: Global Smart Electricity Meter Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2020
Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Smart Electricity Meter Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Smart Electricity Meter Market?
4. Who are the key competitors or market players and how they perform in Global Smart Electricity Meter Market on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Smart Electricity Meter Market study?
TABLE OF CONTENT
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Macroeconomic Outlook
5. Global Smart Electricity Meter Market Outlook, 2015-2025F
5.1. Market Potential & Outlook
5.1.1. By Revenues
5.1.2. By Units Sold
5.2. Market Segmentation & Outlook
5.2.1. By Technology
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
MENAFN23112021004694010674ID1103234142
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.