Smart Electricity Meters Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Smart Electricity Meters Market Size Worth $49.9 Billion By 2025�
The global smart electricity meters market is anticipated to reach USD 49.9 billion by 2025, according to a new report by Grand View Research, Inc. The rising demand of energy security has been prevailing in the energy sector from a long time. Renewable energy generation has sufficed this demand to a greater extent, but the energy provided by such systems is intermittent, and thus energy conservation and efficient utilization of energy are the key aspects of energy security. Smart meters deliver instantaneous data which can be analyzed, and the consumption can be controlled stabilizing the energy demands. The increasing regulatory initiatives to install the smart meters in various regions around the globe is likely to spur the market demand over the forecast period. Smart meters are a fundamental component of a smart grid network. The smart grids are used to monitor and control the transmission system, which is an enhancement over the conventional electrical network. Initialization of smart grids in various regions is expected to fuel the demand for smart meters over the forecast period. The commercial segment is largely profited by these smart systems as they assist in increasing the energy efficiency by providing real-time pricing and consumption data display which is directly related to the spending of the segment. However, factors, such as electricity theft are likely to restrain the market growth. Smart Electricity Metering mandates have been established for the European Union with rollout plans set by the Commission for Energy Regulation, among other legislative bodies.
Further key findings from the report suggest: • The growing adoption of smart grids by several regions is anticipated to drive the market
Follow Us:
•
The residential segment is expected to portray high growth rate with a CAGR of 5.9% over the projected period.
•
The European regional market is expected to have significant growth over the forecast period, owing to the large-scale adoption of smart meters.
•
The key players in the market include ABB Ltd, General Electric Company, Holley Metering Ltd, Elster Group, Iskraemeco, Itron Inc., Landis+Gyr, Schneider Electric and Siemens AG.
Browse Details of Smart Electricity Meter Market @ https://www.grandviewresearch.com/industryanalysis/smart-meters-market
Grand View Research has segmented the Smart Meters market based on structure , offering, growing mechanism, and regions: Smart Electricity Meters End Use Outlook (Revenue, USD Million;Volume, Million Units; 2014 - 2025) • Residential •
Commercial
•
Industrial
Smart Electricity Meters Regional Outlook (Revenue, USD Million;Volume, Million Units; 2014 - 2025) • North America
•
•
•
o
U.S.
o
Canada
o
Mexico
Europe o
Germany
o
UK
o
France
o
Italy
o
Spain
o
Netherlands
Asia Pacific o
China
o
Japan
o
South Korea
South America o
Follow Us:
Brazil
•
The Middle East and Africa (MEA)
Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Smart electricity meter - Industry Snapshot & Key Buying Criteria, 2016 - 2025 Chapter 3 Industry Outlook 3.1 Market Segmentation 3.2 Market Size and Growth Prospects 3.3 Smart Electricity Meters - Value Chain Analysis 3.4 Smart Electricity Meters Market Dynamics 3.4.1 Market driver analysis 3.4.1.1. Rising need for energy efficiency & conservation 3.4.1.2. Increased government initiatives to install Smart Electricity Meters 3.4.1.3. Growing adoption of smart grids by several regions 3.4.1.4. Increasing need for energy security globally 3.4.2 Market restraint analysis 3.4.2.1 Electricity theft concern 3.5 Industry Analysis - Porter’s 3.6 Key opportunities - Prioritized 3.7 Regulatory Landscape 3.8 Smart Meter Standardizations 3.9 Recent Government Initiatives 3.10 Smart Electricity Meters - Competition dashboard 3.11 Smart Electricity Meters - PESTEL Analysis Chapter 4 Smart Electricity Meters: End use Estimates & Trend Analysis 4.1 Smart Electricity Meters Market: End use Movement Analysis 4.1.1 Residential 4.1.1.1 Market estimates and forecasts, 2014 - 2025 4.1.2 Commercial
Follow Us:
4.1.2.1 Market estimates and forecasts, 2014 - 2025 4.1.3 Industrial 4.1.3.1 Market estimates and forecasts, 2014 - 2025 Chapter 5 Smart Electricity Meters: Regional Estimates & Trend Analysis 5.1 Smart Electricity Meters market share by region, 2015 & 2025 5.2 North America 5.2.1 North America market place: Key takeaways 5.2.2 North America Smart Electricity Meters market, by revenue 2014 - 2025 5.2.3 U.S. 5.2.3.1 Market estimates and forecasts, 2014 - 2025 5.2.4 Canada 5.2.4.1 Market estimates and forecasts, 2014 - 2025 5.2.5 Mexico 5.2.5.1 Market estimates and forecasts, 2014 - 2025 5.3 Europe 5.3.1 Europe market place: Key takeaways 5.3.2 Europe Government Smart Meter Rollout Schedules 5.3.3 Germany Continue…………………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519
Follow Us:
Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
Follow Us: