Smart Electricity Meter Market Analysis by Size, Share, Growth, Region and Business Development 2022
A Research
Study Titled, “Smart
Electricity Meter Market By End User- Global Industry Analysis And
Forecast To 2022”, Published By Crystal Market Research
The Smart
Electricity Meter Market was worth USD 8.89 billion in the year 2012 and is
expected to reach approximately USD 23.53 billion by 2022, while registering
itself at a compound annual growth rate (CAGR) of 10.22% during the forecast
period. In 2016 the worldwide smart electricity meters market size was
evaluated at USD 6.59 billion. The smart energy meters are utilized to extend
the reduce demand of peak electricity, likewise end-users can conveniently
monitor the consumption of power daily and decrease it in like manner. Energy
providers are additionally expected to pick up benefits through these gadgets,
adjusting to their advantages of decrease in response time to determine power
cuts and equipment faults, and enhanced client benefit conveyance because of remote
perusing accommodations.
Industry
outlook of Smart Electricity Meter Market
Different
smart meters rollout plots in various districts, for example, United Kingdom,
United States, and positive government activities supporting establishment of
these gadgets are anticipated to play a key part in industry development. Since
production of energy utilizing sustainable methodologies shifts with time, low
generation of power results in temperamental vitality profitability.
Nonetheless, utilizing metering gadgets that are equipped for dealing with
irregular supply help in making up for this loss by controlling energy
utilization of different electronic gear. The extensive development
anticipations can be authorizing to the considerable advancement of efficient
and green energy transmission facilities. Integrated existence crosswise over
esteem chain, particularly for ongoing data sharing with respect to utilization
and levy rates is seen to be an upper hand. Expanding consciousness among
buyers about the advantages of these gadgets is anticipated to positively
impact smart meters market development over the conjecture time frame.
Residential
applications incorporate standalone autonomous bungalows and suburban/urban
apartments. The commercial application section incorporates aligned
infrastructures and all commercial buildings, for example, offices, small to
large shopping complexes, hotels, and residential lodges. The industrial
section includes joining of these gadgets in processing plants and product
fabricating facilities. Residential fragment ruled the worldwide income share
representing over 75 percent because of expansive number of gadgets essentials
to fulfill the energy demand. Electricity meters with high flexibility and high
robustness are useful for business area. In 2016 Business applications created
noteworthy demand of 16 million units. Development in this area is credited to
administrative managerial system and surging awareness with respect to
diminishing vitality utilization and the adjusted costs.
Regional
Outlook of Smart Electricity Meter Market
Europe and
North America smart meter market are anticipated to witness ideal development
by virtue of the administrative conditions and institutionalized strategies.
Smart meters are additionally foreseen to encourage improved matrix
administration, and are key concentration zones for smart grid projects. Asia
Pacific smart meters market is anticipated to develop at a significant pace in
the upcoming years. China is outfitting towards economic management of energy
with significant reserves for smart grid execution in its thirteenth Five Year
Plan. Asia Pacific is trailed by Europe, which represented more than 12 percent
of the income share in 2016. Government orders have been built up for the
European Union, with rollout plans set by the Commission for Energy Regulation
among other administrative bodies. Europe has additionally been centering
towards diminishing power utilization by vitality preservation as a long-term
objective.
Table of
Contents
1. Introduction
2. Executive
Summary
3. Market
Overview
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging
Markets to Offer Lucrative Growth Opportunities
4. Smart
Electricity Meter Market, By End User
4.1. Introduction
4.2. Smart
Electricity Meter Market Assessment and Forecast, By End User,
2012-2022
4.3. Residential
4.4. Commercial
4.5. Industrial
5. Smart
Electricity Meter Market, By Region
5.1. Introduction
5.2. Smart
Electricity Meter Market Assessment and Forecast, By Region,
2012-2022 ($Million)
5.3. North
America
5.4. Europe
5.5. Asia-Pacific
6. Company
Profiles
6.1. ABB
Ltd.
6.2. General
Electric (GE) Company
6.3. Holley
Metering Ltd.
6.4. Elster
Group
6.5. Iskraemeco
List of Tables
Table 1.Smart Electricity Meter Market, By End User ($Million), 2012-2022
Table 2.Residential Market, By Region ($Million), 2012-2022
Table 3.Commercial Market, By Type ($Million), 2012-2022
Table 4.Industrial Market, By Region ($Million), 2012-2022
Table 5.North America Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 6.North America Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 7.U.S.Smart Electricity Meter Market, by End User, 2012-2022 ($Million)
Table 8.Canada Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 9.Mexico Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 10.Europe Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 11.Europe Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 12.Germany Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 13.France Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 14.UK Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 15.Italy Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 16.Spain Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 17.Rest of Europe Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 18.Asia-Pacific Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 1.Smart Electricity Meter Market, By End User ($Million), 2012-2022
Table 2.Residential Market, By Region ($Million), 2012-2022
Table 3.Commercial Market, By Type ($Million), 2012-2022
Table 4.Industrial Market, By Region ($Million), 2012-2022
Table 5.North America Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 6.North America Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 7.U.S.Smart Electricity Meter Market, by End User, 2012-2022 ($Million)
Table 8.Canada Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 9.Mexico Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 10.Europe Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
Table 11.Europe Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 12.Germany Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 13.France Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 14.UK Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 15.Italy Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 16.Spain Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 17.Rest of Europe Smart Electricity Meter Market, By End User, 2012-2022 ($Million)
Table 18.Asia-Pacific Smart Electricity Meter Market, By Country, 2012-2022 ($Million)
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