Pune, India -- (SBWire) -- 02/15/2018 --The latest report on Smart Meter Market by Infinium Global Research gives complete coverage of the Smart Meter Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2017 to 2023. In addition, the study covers deep dive into key product and applications trends in the regional markets of Smart Meter such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Govt. regulations to promote the growth in the market
Principal driver in the global smart meter market are government regulations. Regions such as Asia-Pacific and Europe will experience tremendous growth due to these mandates. For example, the UK government has set target to replace 53 million electricity and gas meters by 2020, this initiative will boost up the market over the forecast period. Smart meter also helps to balance demand supply and increases distribution efficiency and helps towards conserving energy due to which global smart meter market is pacing up.
Europe along with China and Japan set an example
According to Europa, EU member states have announced to roll-out around 200 million smart meters for electricity and 45 million smart meters for gas by 2020. Therefore, 70% of European consumers are expected to have smart meters by 2020. China has included installation of smart meters in its 5 year nationwide plan in order to upgrade grid infrastructure. Furthermore, deployment of smart meters in Japan is expected to reach new levels as Tokyo Electric Power Co (TEPCO) announced to install 27 million smart meters by 2020. Additionally, there are undergoing pilot projects in India that will set stage for deployment of smart meters in near future.
Major companies in the industry
Some of the key players in the global smart meter market are Elster Group SE, Landis+GYR, Itron Inc., Siemens AG, Schneider Electric SA, Sensus, Holley Metering Limited, Honeywell international Inc., Badger Meter Inc., Circutor SA, Icsa (India) Limited, Neptune Technology Group Inc. and others.
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Table of Contents
1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
2. Executive Summary
3. Global Smart Meter Market Overview
3.1. Introduction
3.2. Market dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's five forces analysis
3.4. Key Investment Market analysis
3.5. Competitive landscape in the Smart Meter Market
4. Global Smart Meter Market Analysis, by Product Type (USD million) 2015 – 2023
4.1. Smart Electric Meter
4.2. Smart Water Meter
4.3. Smart Gas Meter
5. Global Smart Meter Market Analysis, by Application Type (USD million) 2015 – 2023
5.1. Commercial & Industrial Application
5.2. Residential Application
6. Global Smart Meter Market Analysis, Regional Analysis (USD million) 2015 – 2023
6.1. North America
6.1.1. North America Smart Meter Market by Product Type (USD million)
6.1.2. North America Smart Meter Market by Application Type (USD million)
6.1.3. North America Smart Meter Market by Country (USD million)
6.2. Europe
6.2.1. Europe Smart Meter Market by Product Type (USD million)
6.2.2. Europe Smart Meter Market by Application Type (USD million)
6.2.3. Europe Smart Meter Market by Country (USD million)
6.3. Asia Pacific
6.3.1. Asia Pacific Smart Meter Market by Product Type (USD million)
6.3.2. Asia Pacific Smart Meter Market by Application Type (USD million)
6.3.3. Asia Pacific Smart Meter Market by Country (USD million)
6.4. Latin America
6.4.1. Latin America Smart Meter Market by Product Type (USD million)
6.4.2. Latin America Smart Meter Market by Application Type (USD million)
6.4.3. Latin America Smart Meter Market by Country (USD million)
6.5. Rest of the World (RoW)
6.5.1. RoW Smart Meter Market by Product Type (USD million)
6.5.2. RoW Smart Meter Market by Application Type (USD million)
6.5.3. RoW Smart Meter Market by Sub-region (USD million)
7. Company profiles
7.1. Elster Group SE
7.2. Landis+GYR
7.3. Itron Inc.
7.4. Siemens AG
7.5. Schneider Electric SA
7.6. Sensus
7.7. Holley Metering Limited
7.8. Honeywell international Inc.
7.9. Badger Meter Inc.
7.10. Circutor SA
Global Smart Meter Market: Insights, Market Size, Share, Growth, Trends Analysis and Forecast to 2023
The latest report on Smart Meter Market by Infinium Global Research gives complete coverage of the Smart Meter Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2017 to 2023.