Global smart metering systems market will grow owing to regulatory inclination toward the expansion of smart grid network along with flourishing renewable industry.

Sellbyville, DE -- (SBWire) -- 10/16/2018 --UK smart metering systems market will witness growth on account of rapid technological advancement along with growing adoption of sustainable systems. Introduction of automated data management systems across the metering industry will further fuel the industry growth. The introduction of intelligent metering system forms a fundamental part of the recent government policies aiming at the environmental sustainability and energy conservation.

Australia smart metering systems market is projected to grow over 16% by 2024. Favorable measures coupled with government policies toward energy conservation will stimulate the industry landscape. In 2017, Power of Choice reform introduced by the government of Australia to provide AMI to end users across the country.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1180

Smart Metering Systems Market is predicted to exceed USD 21 billion by 2024. Introduction of several government plans and incentives to promote the adoption of energy efficient system will drive the industry growth. Several countries have introduced regulatory directives to promote the installation of AMI meters as a part of energy conservation initiatives. In 2016, Berea (Ohio) partnered with Badger Meter and NECO, a metering firm for the development of smart water meters project.

AMI smart metering systems market is anticipated to witness gain over 10% by 2024. Growing adoption of automation systems across energy sector to ensure load management, customer service improvement and energy conservation will enhance the product penetration. The product enables the end users to provide real time information regarding the energy utilization and execute consumption decision.

AMR smart metering systems market is anticipated to witness growth owing to its ability to transfer energy consumption data from users to utilities and lower cost index. Shorter installation time, immediate fault detection and remote access are some of the prominent features which will enhance the product penetration.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1180

Increasing spending toward renewable energy and smart grid network coupled with growing deployment of IT enabled systems will further drive the business landscape.

Smart metering systems market is anticipated to witness growth owing to growing utilities number coupled with integration of advanced ICT solutions. Increasing demand for effective monitoring, utilization and measurement of renewable resources will further augment the business landscape.

Eminent players across the smart metering systems market include Iskraemco, Sensus, Badger Meter, Itron, Landis+Gyr, Apator, Kamstrup, Osaki, Schneider, Siemens, Circutor, Honeywell International, Neptune and Aclara.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.