Smart Electric Meter Market is valued at USD 8.10 Billion in 2018 and expected to reach USD 15.29 Billion By 2025 with the CAGR of 9.5% over the forecast period. Efficient monitoring of energy consumption and increased use of smart grid is likely to grow the smart electric meter market.
Electric meter is an equipment use to monitor the electricity consumption as conventional method due to the various loopholes and lack of proper motoring of electric meter is replaced with smart electric meters. These meters helps in the proper communication with the consumer and eliminate the manual intervention in meter reading. Smart electric meter also helps in the generation of proper and accurate bills as per real data and energy consumption. These smart electric meters also allow the individual in the selection of proper electricity plans as per their consumption.
Smart Electric Meter Market report is segmented on Technology, Phase, end users and by regional & country level. Based upon technology, smart electric meter market is segmented into AMI and AMR. On the basis of phase, the market is segmented into single phase and three phase. Based upon End users, smart electric meter market is classified into Residential, commercial and utility.
The regions covered in this Smart Electric Meter market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Smart Electric Meter market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Smart Electric Meter Market Reports: Some major key players for Smart Electric Meter market are Seimens, Schneider Electric, Sensus Sentec, Holley Metering, Landis+GYR, Badger Meter, Iskraeeco, Itron, Osaki Electric, Honeywell International, Neptune Technology, Elster Group and Tableau Software among others.
Efficient monitoring of energy consumption and increased use of smart grid is the key factor which helps Smart Electric Meter Market to grow: As the energy demand are increasing on a large scale due to the rapid increase in population and industrialization which has further increased the power supply. The conventional meters led to the miss-calculations in the electricity bill and also there is loss of electricity in the transmission process. To increase the efficiency of the transmission and better infrastructure is expected to support the growth of smart electric meter market. These meters also helps in proper bill generation and also helps in the in communication with the customers to eliminate the manual interference in the meters.
The increased use of smart grid is also expected to further promote the growth of smart electric meter market as it can be easily incorporated with the smart grids for best results. Increased demand of better infrastructure and increased use of renewable sources of energy are expected to create opportunities in the smart electric meter market. However, high initial costs involved in the installation of smart electric meters are expected to inhibit the growth of smart electric meter market over the forecast period.
North America is expected to dominate the Smart Electric Meter Market: North America is expected to holds the major market share in the smart electric meter market over the forecast period which was closely followed by Europe in terms of market share. The presence of developed countries such as U.S., Canada, Germany, UK and others are expected to promote the growth of smart electric meter market. Moreover the stringent government policies coupled with developed and advanced infrastructure and increased use of advanced technology.
Furthermore, increases in the emergence of smart cities are expected to support the growth of smart electric meters market. Asia Pacific is expected to develop rapidly over the forecast period due to the presence of developing economies such as India, China and others. There is increased in industrialization and urbanization coupled with increased demand of develop infrastructure and increase in awareness among public about advanced technologies led to the greater acceptance which in turn drive the growth of smart electric meter market over the forecast period. Latin America, Middle East and Africa is expected to develop at a considerable rate over the forecast period.
Smart Electric Meter Market Segmentation:
By Technology
• AMI
• AMR
By Phase
• Three Phase
• Single Phase
By Application
• Residential
• Commercial
• Utility
This comprehensive report will provide:
• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
• How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
• Which region has more opportunities?
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Table of Content
1. Chapter - Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Smart Electric Meter Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Smart Electric Meter Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Smart Electric Meter Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis
2.9.1. Market Attractiveness Analysis by Segmentation
2.9.2. Market Attractiveness Analysis by Region
3. Chapter - Global Smart Electric Meter Market Overview: Quantitative Analysis
3.1. Smart Electric Meter Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2015 – 2025
3.2. Smart Electric Meter Market Consumption (Unit), Market Share (%) and Growth Rate, 2015 – 2025
4. Chapter – Smart Electric Meter Market Analysis: by Phase
4.1. Smart Electric Meter Market Revenue (USD Million), by Phase, 2015 – 2025
4.2. Smart Electric Meter Market Consumption (Unit), Phase, 2015 – 2025
4.3. Smart Electric Meter Market Share (%), by Phase, 2017
4.4. Smart Electric Meter Market Revenue Growth Rate (%), by Phase, 2015 – 2025
5. Chapter –Smart Electric Meter Market Analysis: by Communication Technology Type
5.1. Smart Electric Meter Market Revenue (USD Million), by Communication Technology Type, 2015 – 2025
5.2. Smart Electric Meter Market Consumption (Unit), Communication Technology Type, 2015 – 2025
5.3. Smart Electric Meter Market Share (%), by Communication Technology Type, 2017
5.4. Smart Electric Meter Market Revenue Growth Rate (%), by Communication Technology Type, 2015 – 2025
6. Chapter –Smart Electric Meter Market Analysis: by End-Users
6.1. Smart Electric Meter Market Revenue (USD Million), by End-Users, 2015 – 2025
6.2. Smart Electric Meter Market Consumption (Unit), End-Users, 2015 – 2025
6.3. Smart Electric Meter Market Share (%), by End-Users, 2017
6.4. Smart Electric Meter Market Revenue Growth Rate (%), by End-Users, 2015 – 2025
7. Chapter - Smart Electric Meter Market Analysis: by Manufacturer
7.1. Smart Electric Meter Market Revenue (USD Million), by Manufacturer, 2015 – 2025
7.2. Smart Electric Meter Market Consumption (Unit), Manufacturer, 2015 – 2025
7.3. Smart Electric Meter Market Share (%), by Manufacturer, 2017
7.4. Smart Electric Meter Market Price (USD/Unit), by Manufacturer, 2015 – 2025
7.5. Smart Electric Meter Market Gross Margin (USD/Unit), by Manufacturer, 2015 – 2025
7.6. Smart Electric Meter Market Gross Profit (USD/Unit), by Manufacturer, 2015 – 2025
7.7. Smart Electric Meter Market Revenue Growth Rate (%), by Manufacturer, 2015 – 2025
7.8. Merger & Acquisition
7.9. Collaborations and Partnership
7.10. New Product Launch
8. Chapter – Smart electric meter Market: Regional Analysis
8.1. North America
8.1.1. North America Smart Electric Meter Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
8.1.2. North America Smart Electric Meter Market Revenue (USD Million) By Country, 2015 – 2025.
8.1.3. North America Smart Electric Meter Revenue Market Share (%) By Country, 2015 – 2025.
8.1.4. North America Smart Electric Meter Consumption (Unit) and Growth Rate (%), 2015 – 2025.
8.1.5. North America Smart Electric Meter Market Consumption (Unit) By Country, 2015 – 2025.
8.1.6. North America Smart Electric Meter Consumption Market Share (%) By Country, 2015 – 2025.
8.2. Europe
8.2.1. Europe Smart Electric Meter Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
8.2.2. Europe Smart Electric Meter Market Revenue (USD Million) By Country, 2015 – 2025.
8.2.3. Europe Smart Electric Meter Revenue Market Share (%) By Country, 2015 – 2025.
8.2.4. Europe Smart Electric Meter Consumption (Unit) and Growth Rate (%), 2015 – 2025.
8.2.5. Europe Smart Electric Meter Market Consumption (Unit) By Country, 2015 – 2025.
8.2.6. Europe Smart Electric Meter Consumption Market Share (%) By Country, 2015 – 2025.
8.3. Asia Pacific
8.3.1. Asia Pacific Smart Electric Meter Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
8.3.2. Asia Pacific Smart Electric Meter Market Revenue (USD Million) By Country, 2015 – 2025.
8.3.3. Asia Pacific Smart Electric Meter Revenue Market Share (%) By Country, 2015 – 2025.
8.3.4. Asia Pacific Smart Electric Meter Consumption (Unit) and Growth Rate (%), 2015 – 2025.
8.3.5. Asia Pacific Smart Electric Meter Market Consumption (Unit) By Country, 2015 – 2025.
8.3.6. Asia Pacific Smart Electric Meter Consumption Market Share (%) By Country, 2015 – 2025.
8.4. Latin America
8.4.1. Latin America Smart Electric Meter Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
8.4.2. Latin America Smart Electric Meter Market Revenue (USD Million) By Country, 2015 – 2025.
8.4.3. Latin America Smart Electric Meter Revenue Market Share (%) By Country, 2015 – 2025.
8.4.4. Latin America Smart Electric Meter Consumption (Unit) and Growth Rate (%), 2015 – 2025.
8.4.5. Latin America Smart Electric Meter Market Consumption (Unit) By Country, 2015 – 2025.
8.4.6. Latin America Smart Electric Meter Consumption Market Share (%) By Country, 2015 – 2025.
8.5. Middle East & Africa
8.5.1. Middle East & Africa Smart Electric Meter Revenue (USD Million) and Growth Rate (%), 2015 – 2025.
8.5.2. Middle East & Africa Smart Electric Meter Market Revenue (USD Million) By Country, 2015 – 2025.
8.5.3. Middle East & Africa Smart Electric Meter Revenue Market Share (%) By Country, 2015 – 2025.
8.5.4. Middle East & Africa Smart Electric Meter Consumption (Unit) and Growth Rate (%), 2015 – 2025.
8.5.5. Middle East & Africa Smart Electric Meter Market Consumption (Unit) By Country, 2015 – 2025.
8.5.6. Middle East & Africa Smart Electric Meter Consumption Market Share (%) By Country, 2015 – 2025.
9. Chapter - Company Profiles
9.1. Seimens
9.1.1. Overview
9.1.2. Financials
9.1.3. Product portfolio
9.1.4. Seimens Total Company Sales 2015-2025
9.1.5. Seimens Total Company Sales, By Segment of Business 2015-2025
9.1.6. Seimens Total Company Sales, By Region 2015-2025
9.1.7. Business strategy
9.1.8. Recent developments
9.2. Itron
9.3. Schneider Electric
9.4. Landis+GYR
9.5. Holley Metering
9.6. Iskraeeco
9.7. Osaki Electric
9.8. Others
