Global Smart Meters Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Smart Meters Market - Segmented By Meter Type (Water, Gas, Electricity), By End User and Region - Growth, Trends & Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The smart meters market was estimated at 121.488 million unit shipments in 2016 and is expected to reach 132.703 million unit shipments by 2022. The market is expected to register a CAGR of 1.86% over the forecast period 2018-2023.

Smart meters have a major role to play in reducing utility theft and safeguarding utility revenues which acts as powerful drivers. For instance, in the case of smart water meters, non-revenue water (NRW) is usually accounted for through theft and leakage. Any water pumped by the water utility that does not come back as revenue is categorized under NRW. Until the optimal NRW is reached a utility suffers from inferior revenue, infrastructure damage, illegal tapping, poor resource management & service, higher energy bills, and potential loss of pressure, among other factors.

There is an increasing pressure on water utilities due to the growing demand, increasing water stress, rising energy prices, and aging water systems, the smart water network solutions have emerged with significant benefits by combining advanced metering technology, software, and effective communications systems. The integration of the said components enables the end users to account for every drop and turn water into revenue through enhanced leak detection and unparalleled data acquisition.

Companies Mentioned

  • Landis+Gyr Inc.
  • Aclara Technologies LLC
  • Wasion Group Holdings
  • Elster Group SE
  • Jiangsu Linyang Energy Co. Ltd
  • Ningbo Sanxing Electric Co. Ltd
  • Kamstrup A/S
  • Hexing Electric Company Ltd
  • Itron Inc.
  • Holley Metering Limited
  • Sensus USA Inc.
  • Shenzhen Hemei Group Co. Ltd
  • General Electric Ltd.
  • Diehl Stiftung & Co. KG
  • Hangzhou Beta Gas Meters Co. Ltd
  • Pietro Fiorentini
  • Sagemcom SAS
  • Apator S.A

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Insights

4. Market Dynamics

5. Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Future of the Market

9. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/txg27h/global_smart?w=4

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Utilities, Smart Grid

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Utilities, Smart Grid