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Smart Electric Meter Market Analysis based on Advancement in Technology and Forecast till 2023

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The report "Smart Electric Meter Market by Communication Technology Type (Radio Frequency, Power Line Communication, and Cellular), End-User (Residential, Commercial, and Industrial), Phase (Single Phase, and Three Phase), and Region - Global Forecast to 2023", The smart electric meter market is projected to grow from an estimated USD 9.27 Billion in 2018 to USD 11.33 Billion by 2023, at a CAGR of 4.11%, from 2018 to 2023. The market is set to witness growth due to the increased need for efficient data monitoring systems coupled with favorable government policies for smart meter rollout, improved cost savings owing to the use of smart meters making it a definitive case for adoption, and increasing emphasis on renewable energy sources globally. – PowerPoint PPT presentation

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Title: Smart Electric Meter Market Analysis based on Advancement in Technology and Forecast till 2023


1
Smart Electric Meter Market Analysis based on
Advancement in Technology and Forecast till 2023
www.MarketsandMarkets.com
2
The report "Smart Electric Meter Market by
Communication Technology Type (Radio Frequency,
Power Line Communication, and Cellular), End-User
(Residential, Commercial, and Industrial), Phase
(Single Phase, and Three Phase), and Region -
Global Forecast to 2023", The smart electric
meter market is projected to grow from an
estimated USD 9.27 Billion in 2018 to USD 11.33
Billion by 2023, at a CAGR of 4.11, from 2018 to
2023. The market is set to witness growth due to
the increased need for efficient data monitoring
systems coupled with favorable government
policies for smart meter rollout, improved cost
savings owing to the use of smart meters making
it a definitive case for adoption, and increasing
emphasis on renewable energy sources
globally. PDF Brochure https//www.marketsandm
arkets.com/pdfdownload.asp?id244481146

3
The residential segment is expected to hold the
largest share of the smart electric meter market,
by end-user, during the forecast period. The
residential segment of the global smart electric
meter market is expected to hold the largest
market share, and grow at the second-fastest pace
during the forecast period. The installation of
smart electric meters in residential places would
help in reducing the dependence on fossil fuels,
as the smart electric meters can assist the
consumers to monitor, regularize, and reduce
their consumptions from the grid, and generators,
and further integrate their consumptions from
renewable energy sources such as solar
installations.  The widespread use of
sophisticated electrical, electronic, and data
equipment is driven by the growing importance of
power management solutions also driving the smart
electric meter market. Request for Customization
https//www.marketsandmarkets.com/requestCustomi
zation.asp?id244481146
4
Browse gtgt 83 market data
tables 39 figures
154 pages and in-depth TOC on Smart
Electric Meter Market  Early buyers will
receive 10 customization on this report. This
is a Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
5
Asia Pacific Key market for the smart electric
meter market during the forecast period In this
report, the smart electric meter market has been
analyzed with respect to 6 regions, namely, Asia
Pacific, North America, Europe, Latin America,
the Middle East, and Africa. Asia Pacific is
expected to be the largest smart electric meter
market, by region, during the forecast period.
Asia Pacific is the most-populated region in the
world and consequently witnesses a high demand
for electricity. The rise in investments in smart
grid technologies and smart cities, the increase
in the number of data centers, and a surge in IT
hubs and commercial institutions drive the smart
electric meter market in the region. China
accounts for the largest share owing to the
large-scale rollout plans the country accounted
for the highest installed generation and
distribution capacity in the Asia Pacific region,
resulting in an increased demand for smart
electric meters. Request Sample _at_
https//www.marketsandmarkets.com/requestsample.as
p?id244481146
6
  • Target Audience
  • Consulting Companies in the Energy and Power
    Sector
  • Government and Research Organizations
  • Government Utility Providers
  • Metering Companies
  • Network Operators
  • Private Utility Providers
  • Smart Electric Meter Manufacturers, Dealers, and
    Suppliers
  • Smart Grid Players
  • Speak to analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalyst.asp?id244481146

7
  • Key players -
  • To enable an in-depth understanding of the
    competitive landscape, the report includes the
    profiles of some of the top players in the
    market. These include
  • LandisGyr (Toshiba Corporation)
  • Itron
  • Honeywell
  • Aclara
  • Microchip Technology
  • Iskraemeco
  • Wasion Group
  • Schneider Electric
  • Jiangsu Linyang
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id244481146

8
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 UK
44-800-368-9399Email sales_at_marketsandmarkets.com
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