DUBLIN--(BUSINESS WIRE)--The "Global Power Metering Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The power metering market is driven by the increasing urbanization across several developing countries. Owing to energy saving benefits, smart grid program in countries, such as China, India, the United States, the United Kingdom, Japan, South Korea, and others, have boosted the market studied. Sub-Saharan African countries are also witnessing significant urbanization and electrification rates.
Asia-Pacific is expected to be the largest segment for power meter, owing to the urbanization in India and China. Over the last few years, China has been one of the leaders in terms of deploying power meters, due to the increasing urbanization and growing service sector. The real estate sector in India is experiencing significant growth, accompanied by booming urban and semi-urban accommodations, increasing corporate environment, and demand for office space. The Indian real estate market is expected to grow by 40% during 2015 to 2020, thus creating a significant demand for power meter in the infrastructure sector.
The United States is not focusing on the generation of electricity, as consumption patterns have not altered much. Instead, the country emphasizes on the deployment of smart grid solutions. Electric companies have installed 65 million smart meters, covering more than 50% of the total US households, by 2015. Deployment reached approximately 70 million smart meters by the end of 2016 and is projected to reach 90 million by 2020. If smart grids are fully deployed across the United States, the country expects to save USD 130 billion annually, by 2019.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
- Aclara Technologies LLC
- Honeywell International Inc.
- General Electric
- Kamstrup A/S
- Toshiba Energy Systems & Solutions Corporation
- Schneider Electric
- Siemens AG
For more information about this report visit https://www.researchandmarkets.com/research/k5lm5w/global_power?w=4