Digital Power Meter Market Upcoming Demands & Growth Analysis (2018-2025) | Itron, Landis+Gyr, Schneider Electric
Digital power meters are next-generation meters that provide precise readings of electricity consumption and are generally installed in households or in enterprises to maintain detailed statistics on energy consumption.
One of the primary drivers for this market is the rise in the deployment of smart grid projects. Smart grids include grid applications such assmart power meters, supervisory control and data acquisition (SCADA) systems,IT, and other communication networks. These devices enable utilities to have complete control and manage the digital assets that are present in the field. Thesmart gridnetworking systems enable a utility to analyze and map theenergyconsumption patterns of its customers, thereby helping in load forecasting and peak demand management along with risk determination. Also, it enables the reduction ofpoweroutages by providing detailed information about the functioning status of the power system network. With rapid development insmart grid-related equipmentand solutions, management of huge data volumes has become a major concern among power utilities. This development of the smart grid projects worldwide is expected to propel growth in the globaldigital power metermarket during the forecast period.
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The market is fragmented with the presence of many well-diversified international, regional, and local manufacturers, and the competition among these players is intense. In several developing and underdeveloped countries, local or regional manufacturers dominate the market. With the global players increasing their footprint in the market with their huge infrastructure and R&D support, it has become extremely difficult for regional players to compete in terms of reliability, technology, and price.
The global Digital Power Meter market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major players covered in this report
Itron
Landis+Gyr
Schneider Electric
Sensus
Advanced Electronics Company
EKM Metering
Elster Group (owned by Honeywell)
Holley Metering
Jiaxing Eastron Electronic Instruments
Kamstrup
LINYANG Energy
Murata Power Solutions
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
DigitalMeter Type
ElectricalMeter Type
ElectromechanicalMeter Type
ElectronicMeter Type
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Residential
Commercial
Industrial
The study objectives of this report are:
To analyze and study the global Digital Power Meter sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Digital Power Meter players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
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Key Stakeholders
Digital Power Meter Manufacturers
Digital Power Meter Distributors/Traders/Wholesalers
Digital Power Meter Subcomponent Manufacturers
Industry Association
Downstream Vendors
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