 Global Smart Meters Market Growth 2019-2024
      Global Smart Meters Market Growth 2019-2024A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure differs from traditional automatic meter reading in that it enables two-way communications with the meter.
The largest smart meters markets have been North America, Europe and APAC (particularly China). And the market is supplied by a combination of large multinational firms and smaller local manufacturers. The leading global firms include Landis+Gyr (based in Switzerland but owned by Toshiba Corp. of Japan), GE Digital Energy (United States), Itron (United States), Aclara (United States), Elster Group (Germany), Sensus (United States) and Holley Metering (China), among others. These companies tend to compete against each other globally to supply most of the largest smart meter markets. In many markets, these leading global firms also face competition from local manufacturers. In China, for example, local manufacturers supply the bulk of the market.
According to this study, over the next five years the Smart Meters market will register a 9.4% CAGR in terms of revenue, the global market size will reach US$ 13500 million by 2024, from US$ 7900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Meters business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Meters market by product type, application, key manufacturers and key regions and countries.
This study considers the Smart Meters value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Single-phase smart meter
    Three-phase smart meter
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Residential application
    Commercial application
    Industrial application
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Landis+Gyr
    Itron
    GE Digital Energy
    Siemens
    Kamstrup
    Sensus
    Elster Group
    Silver Spring Networks
    Aclara
    Nuri Telecom
    Sagemcom
    Trilliant
    Iskraemeco
    Echelon
    Tantalus Systems
    ZIV
    Sanxing
    Linyang Electronics
    Wasion Group
    Haixing Electrical
    Techrise Electronics
    Chintim Instruments
    XJ Measurement & Control Meter
    Clou Electronics
    HND Electronics
    Longi
    Hengye Electronics
    Holley Metering
    Wellsun Electric Meter
    Sunrise
    Xiou International Group
    Pax Electronic Technlogy
    Huayi Electronics
    Changyi Group
    Gaoke
    Shenzhen Kaifa Technology
    Risesun Group
    Banner
    Bada Instruments
    Jinling Intelligent Electric Meter
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Smart Meters consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Smart Meters market by identifying its various subsegments.
    Focuses on the key global Smart Meters manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Smart Meters with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Smart Meters submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on  Smart Meters . Industry analysis & Market Report on  Smart Meters  is a syndicated market report, published as Global Smart Meters Market Growth 2019-2024. It is complete Research Study and Industry Analysis of  Smart Meters  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.