Advertisement
Australia markets closed
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • AUD/USD

    0.6527
    +0.0009 (+0.14%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • Bitcoin AUD

    107,514.89
    -971.38 (-0.90%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • AUD/EUR

    0.6043
    +0.0009 (+0.14%)
     
  • AUD/NZD

    1.0907
    +0.0004 (+0.04%)
     
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     

Smart Meter Market World-Wide Industry Trends, Entry Strategies, Regulatory Frameworks and Technologies till 2026, Fortune Business Insights

Companies Profiled in Smart Meter Market are Siemens, ABB, Kamsturp, Itron, Landis + Gyr , Badger Meter, DiehlSecure Meter Limited, Aclara Technologies, Sensus, BMETER , Jabil, Honeywell , ZENNER.

Pune, India, Nov. 29, 2021 (GLOBE NEWSWIRE) -- The global smart meter market size is projected to reach USD 44.18 by the end of 2026. Recent technological advancements have emerged in favor of the market in the coming years. According to a report published by Fortune Business Insights, titled “Smart Meter Market Size, Share & Industry Analysis, By Type (Smart Electric Meter, Smart Gas Meter, Smart Water Meter) By Technology (Automatic Meter Reading {AMR} and Advanced Meter Infrastructure), By Application (Residential, Commercial and Industrial), and Regional Forecast, 2019-2026,” the market was worth USD 24.53 billion in 2018 and will exhibit a CAGR of 7.7% during the forecast period, 2019-2026.


Request to Sample PDF Brochure https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/smart-meter-market-102666

ADVERTISEMENT


The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.


Ask for a discount: https://www.fortunebusinessinsights.com/enquiry/check-discount/smart-meter-market-102666


The smart meter provides two-way communication and acts as a medium between customers and service providers. This allows for improved efficiency, subsequently aiding the demand for the product across the world. Modern smart meters allow for improved product operations. The use of advanced concepts such as the IoT and sensor-based monitoring has opened up the potential for widespread product applications. The presence of several large scale companies has made a huge impact on the growth of the market in the foreseeable future. The increasing number of company mergers and collaborations has also contributed to the growth of the market. The contributions from government organizations, as well as private companies, will bode well for the market.

Increasing Number of Company Mergers Will Aid Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on the market. In March 2017, PUB awarded a contract to CH2M Hill Singapore. The contract will be aimed at the development and installation of 300,000 water meters. The water meters will be installed existing residential, commercial, and industrial premises by the end of 2023. This contract will have a positive impact on the growth of the overall market in the foreseeable future.


Ask for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/smart-meter-market-102666


The Asia Pacific Dominates the Market; Focus on Sustainable Energy Management to Aid Growth

The report analyzes the ongoing smart meter market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in Asia Pacific currently dominates the market. The focus on the implementation of sustainable products by major companies will aid the growth of the regional market. As of 2018, the market in Asia Pacific was worth USD 12.23 billion and this value is projected to increase further in the coming years. The market in North America and Europe will witness considerable growth in the coming years, driven by the presence of several large scale companies in several countries across this region.

Companies Profiled in Smart Meter Market Are:

  • Siemens (Germany)

  • ABB (Switzerland)

  • Kastrup (Denmark)

  • Itron (US)

  • Landis + Gyr (Switzerland)

  • Badger Meter (US)

  • Diehl (Germany)

  • Secure Meter Limited(UK)

  • Aclara Technologies (US)

  • Sensus (US)

  • BMETER (UK)

  • Jabil(US)

  • Honeywell (US)

  • ZENNER (US)


Report Coverage

Details

Forecast Period

2019 to 2026

Forecast Period 2019 to 2026 CAGR

7.7%

2018 Value Projection

USD 24.25 Billion

Base Year

2018

Market Size in 2020

USD 44.18 Billion

Historical Data for

2015 to 2017

No. of Pages

140

Tables, Charts & Figures

Segments covered

By type, By technology, By application, By geography

Growth Drivers

Increasing Mobile Device Management Activities to Propel Market Growth

Practices to Promote Sustainable Energy Management to Drive the Market

Economical Advantage And Smooth Billing Procedure To Propel The Market Growth

High Capital and Lack of Knowledge Regarding the Advantages Can Hinder the Market Growth

Pitfalls & Challenges

Increasing Incidence of Data Frauds and Fewer Availability of Skilled Professionals to Hamper Growth


Industry Developments:

October 2019: The National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL), announced a new joint venture labeled ‘IntelliSmart’.


Quick Buy- Smart Meter Market: https://www.fortunebusinessinsights.com/checkout-page/102666


Major Table of Content for Smart Meter Market:

  • Introduction

    • Research Scope

    • Market Segmentation

    • Research Methodology

    • Definitions and Assumptions

  • Executive Summary

  • Market Dynamics

    • Market Drivers

    • Market Restraints

    • Market Opportunities

  • Key Insights

    • Key Emerging Trends – For Major Countries

    • Latest Technological Advancement

    • Regulatory Landscape

    • Industry SWOT Analysis

    • Porters Five Forces Analysis

  • Global Smart Meter Market Analysis (USD Billion), Insights and Forecast, 2015-2026

    • Key Findings / Summary

    • Market Analysis, Insights, and Forecast – By Type

      • Smart Electric Meter

      • Smart Gas Meter

      • Smart Water Meter

    • Market Analysis, Insights and Forecast – By Technology

      • Auto Meter Reading (AMR)

      • Advanced Metering Infrastructure (AMI)

    • Market Analysis, Insights and Forecast – By Application

      • Residential

      • Commercial

      • Industrial

    • Market Analysis, Insights, and Forecast – By Region

      • North America

      • Latin America

      • Europe

      • Asia Pacific

      • The Middle East and Africa


TOC Continued…!!!


Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/smart-meter-market-102666


Have a Look at Related Research Insights:


Solar Backsheet Market Size, Share and Global Trend By Type (Fluoropolymer, Non-fluoropolymer), By Installation Techniques (Flat Roof Solar, Pitched Roof Solar, Ground Mount Solar & others), By Thickness (Less than 100mm, 100-500mm & Greater than 500mm), By Application (Commercial, Industrial & Utilities), and Geography Forecast Till 2021-2028

Waste to Energy Market Size, Share and Global Trend By Technology (Thermo-chemical, Biochemical), By Waste Type (Municipal Solid Waste, Process Waste, Agriculture Waste), By Application (Electricity, Heat) and By Geography Forecast till 2021-2028

Hybrid Flow Battery Market Size, Share and Global Trend By Type(Zinc-Bromine (Zn-Br), Zinc-Cerium (Zn-Ce), Iron-Salt (Fe-NaCl)), By Application(Utilities, Defence, EV Charging Station, Commercial, Industrial, Others), and Geography Forecast till 2021-2028

Natural Gas Liquid Market Size, Share and Global Trend By Product (Ethane, Propane, Butane, Pentane, and Others), By Application (Petrochemical Feedstock, Space Heating, Blend Stock, and Others), and Geography Forecast till 2021-2028

Floating Power Plant Market Size, Share and Global Trend By Fuel Type (Renewable, Non-Renewable), By Capacity (Up to 50MW, 50MW - 100MW, 100MW - 300MW, Above 300MW) and By Geography Forecast till 2021-2028

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd


Read Press Release: https://www.fortunebusinessinsights.com/press-release/smart-meter-market-9809