Global $31Bn+ Smart Meter Markets, 2017-2027: Driven by Government Policies, Energy Conservation, and Rising Smart Grid Deployment

DUBLIN, Jan. 13, 2020 /PRNewswire/ -- The "Smart Meters - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

The Global Smart Meters Market accounted for $12.8 billion in 2018 and is expected to reach $31.03 billion by 2027 growing at a CAGR of 10%.

Government policies, energy conservation and rising 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.

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.

Some of the key players in the Smart Meters market include Upsco Inc, Triacta power solutions LP, Smart Instruments Co Pvt Ltd , Smart building services Pvt Ltd, Siemens AG, Sensus, Secure meters Ltd, Schneider Electric SA, Meters UK, Jenco Instruments Inc, Itron Inc, Holley Metering Limite, Fenghua sanlian water meter co Ltd, Energy Intellect Ltd, Elster Group, Digital meter co, City meter Inc, Circuator SA, Badger Meter and Alan Anderson.

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

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

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
8.3 Europe
8.4 Asia-Pacific
8.5 South America
8.6 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/qaigta

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
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

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-31bn-smart-meter-markets-2017-2027-driven-by-government-policies-energy-conservation-and-rising-smart-grid-deployment-300985619.html

SOURCE Research and Markets