DUBLIN--(BUSINESS WIRE)--The "Smart Meters - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Smart Meters Market accounted for $12.80 billion in 2018 and is expected to reach $31.03 billion by 2027 growing at a CAGR of 10%.
Government policies, Energy conservation and rise smart grid deployment are likely to boost the growth of the market. However, High installation costs for end-users are likely to hamper the profit boundaries.
Smart Meters are devices for accurately monitoring gas and electricity meter usage that can send usage information via radiofrequency electromagnetic radiation (RF) which helps the utility company to effectively manage the energy usage. Smart meters offer a host of benefits such as reduction of meter reading cost, removing inefficiencies in billing, preventing disconnection and re-connection costs to corporations and consumers.
Based on the application, the residential segment is expected to grow at the fastest rate during the forecast period. Globally, residential application accounted for approximately 84% of the smart meter installations. The demand for smart meters in the residential sector is driven by factors such as a surge in demand for central systems and smart end-users.
By geography, The Asia-Pacific market is projected to grow at the high. The region is the largest market for the infrastructure sector and industrial sector and is taking various steps such as investments in smart grid, smart city & the gas pipeline networks, repair & upgradation of aging infrastructure, preventing electric, water, & gas theft, minimizing inaccurate metering & managing growing electricity, and water scarcity.
What the report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Meters Market, By Type
5.1 Introduction
5.2 Gas Meters
5.3 Water Meters
5.4 Electric Meters
6 Global Smart Meters Market, By Technology
6.1 Introduction
6.2 Advanced Metering Infrastructure (AMI)
6.3 Automatic Meter Reading (AMR)
7 Global Smart Meters Market, By Application
7.1 Introduction
7.2 Commercial Smart Meter
7.3 Industrial Smart Meter
7.4 Residential Smart Meter
8 Global Smart Meters Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Upsco Inc
10.2 Triacta power solutions LP
10.3 Smart Instruments Co Pvt Ltd
10.4 Smart building services Pvt Ltd
10.5 Siemens AG
10.6 Sensus
10.7 Secure meters Ltd
10.8 Schneider Electric SA
10.9 Meters UK
10.10 Jenco Instruments Inc
10.11 Itron Inc
10.12 Holley Metering Limite
10.13 Fenghua sanlian water meter co Ltd
10.14 Energy Intellect Ltd
10.15 Elster Group
10.16 Digital meter co
10.17 City meter Inc
10.18 Circuator SA
10.19 Badger Meter
10.20 Alan Anderson
For more information about this report visit https://www.researchandmarkets.com/r/68id69