Global Smart Meter Market Growth 2016-2024
The global smart meter market is witnessed to be propelling on the back of collection & integrating the utility information on a real-time basis and using the data to manage the operational technologies. According to Goldstein Research, global smart meter market size is expected to reach USD 19.1 billion by 2024, growing at a compounded annual growth rate of 8.25% during the forecast period 2016-2024.
Global smart meter market segmentation has been carried out on the basis of smart meter type, technology, end user and geography. Based on smart meter type, smart electric meters segment dominated the global smart meter market share with 40.0% in 2016.
The global smart electric meters market is registering a growth of 9.7% CAGR over the forecast period. The advancement & developments in the global smart grid market are rising the number of electric smart meters installations. Further, Global smart meter industry is estimated to be dominated by the Asia Pacific with a market share of 35.0% in 2016. China accounts for highest revenue contribution in the Asia Pacific smart meter market due to the fast development of sustainable energy plants. The Asia Pacific is further followed by Europe market share owing to increasing investments in the region for the installation of smart meters.
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Market Segmentation
On the basis of our in-depth analysis, Global Smart MeterMarketcan be segmented as follows:
By Type
• Smart Electric Meters
• Smart Water Meters
• Smart Gas Meters
By Technology
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
By End User
• Industrial
• Commercial
• Residential
By Region
• North America
• Europe
• The Middle East and Africa
• Latin America
• Asia Pacific
Browse Full Report: https://www.goldsteinresearch.com/report/global-smart-meter-market-share
“Smart Meter Market Analysis” contains a detailed overview of the global smart meter market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by smart meter type, technology, and end user.
Further, for the in-depth analysis, Global Smart Meter Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such as Itron, Inc., Kamstrup A/S, Sensus, GE Digital Energy, Holley Metering, Ltd., Honeywell International, Elster, Landis + Gyr, Echelon, Schneider Electric and Toshiba Corporation. Other high-flying vendors in the market are Xemtec, Secure Together, Kamstrup, Sagemcom, Iskraemeco, etc.
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global smart meter market share along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
Key questions answered in this Global Smart Meter Report
• What is the Global Smart Meter Market Size by 2024 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the smart meter market trends?
• What are the factors which are driving this market?
• What are the major barriers to smart meter market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on energy industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.
Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
sales@goldsteinresearch.com
www.goldsteinresearch.com
Browse a similar report on Electric Transmission and Distribution Equipment Market Report published by "Goldstein Research" and Gather more accurate market data such as trends, demand, share, risk, restrains, growth driver etc.
Global smart meter market segmentation has been carried out on the basis of smart meter type, technology, end user and geography. Based on smart meter type, smart electric meters segment dominated the global smart meter market share with 40.0% in 2016.
The global smart electric meters market is registering a growth of 9.7% CAGR over the forecast period. The advancement & developments in the global smart grid market are rising the number of electric smart meters installations. Further, Global smart meter industry is estimated to be dominated by the Asia Pacific with a market share of 35.0% in 2016. China accounts for highest revenue contribution in the Asia Pacific smart meter market due to the fast development of sustainable energy plants. The Asia Pacific is further followed by Europe market share owing to increasing investments in the region for the installation of smart meters.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-smart-meter-market-share
Market Segmentation
On the basis of our in-depth analysis, Global Smart MeterMarketcan be segmented as follows:
By Type
• Smart Electric Meters
• Smart Water Meters
• Smart Gas Meters
By Technology
• Automatic Meter Reading (AMR)
• Advanced Metering Infrastructure (AMI)
By End User
• Industrial
• Commercial
• Residential
By Region
• North America
• Europe
• The Middle East and Africa
• Latin America
• Asia Pacific
Browse Full Report: https://www.goldsteinresearch.com/report/global-smart-meter-market-share
“Smart Meter Market Analysis” contains a detailed overview of the global smart meter market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by smart meter type, technology, and end user.
Further, for the in-depth analysis, Global Smart Meter Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market analysis report also includes competitive outlook of some of the major players profiling of companies such as Itron, Inc., Kamstrup A/S, Sensus, GE Digital Energy, Holley Metering, Ltd., Honeywell International, Elster, Landis + Gyr, Echelon, Schneider Electric and Toshiba Corporation. Other high-flying vendors in the market are Xemtec, Secure Together, Kamstrup, Sagemcom, Iskraemeco, etc.
The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global smart meter market share along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
Key questions answered in this Global Smart Meter Report
• What is the Global Smart Meter Market Size by 2024 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the smart meter market trends?
• What are the factors which are driving this market?
• What are the major barriers to smart meter market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on energy industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.
Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
sales@goldsteinresearch.com
www.goldsteinresearch.com
Browse a similar report on Electric Transmission and Distribution Equipment Market Report published by "Goldstein Research" and Gather more accurate market data such as trends, demand, share, risk, restrains, growth driver etc.