Smart Meters Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2022

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The smart meters market is projected to reach USD 19.98 billion by 2022, at a CAGR of 9.34% from 2017 to 2022. Smart meters are used in the industrial, commercial, and residential sector, measuring energy consumption of the consumers. Factors such as government policies & mandates in developed economies and accurate billing & improved customer service are driving the market globally. Residential customers are the fastest end-users of smart meters, followed by commercial and industrial customers. High installation costs for end-users would be a restraint for the smart meters market.

“The residential application segment is expected to grow at the highest CAGR from 2017 to 2022”
With regards to the application segment, the residential segment is expected to constitute the fastest growing market from 2017 to 2022. The meters measure the electricity, water, and gas consumption and communicate this to the central utility system. The installations of these devices in the residential sector helps in reducing CO2 emissions globally as the consumer’s inclination towards peak time savings of energy would increase. The increasing residential construction activities and government mandates like the European Union 20-20-20 policy, which aims to convert 80% of the installed meter base to smart one, have ensured the growth in the demand for smart meters.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108212
The Final Report will cover the impact analysis of COVID-19 on this industry: Smart Meters Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2022

“The Advanced Metering Infrastructure (AMI) technology segment is expected to grow at the fastest CAGR from 2017 to 2022”
With regards to the technology segment, Advanced Metering Infrastructure (AMI) are expected to constitute the fastest growing market from 2017 to 2022 because of its advanced technology. Moreover, AMI reduces labor cost and several power, water, and gas utilities worldwide are replacing AMR with AMI infrastructure, further creating growth opportunities for the AMI market.

“Asia-Pacific: The fastest growing market for smart meters”
Asia-Pacific is estimated to be the fastest growing market for smart meters from 2017 to 2022. Factors such as government policies & mandates in developed economies and accurate billing & improved customer service are driving the global smart meters market. China is expected to grow at the fastest pace during the forecast period. Furthermore, the growing power sector in India is expected to spur the growth of the market, and represents a promising opportunity for major smart meters providers.

Japan is also expected to witness a significant growth during the same period. On the other hand, Europe and the Middle East are trying to boost their energy efficiency programs, T&D spending, and construction & infrastructural activities.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108212
The Final Report will cover the impact analysis of COVID-19 on this industry: Smart Meters Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast 2022

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 62%, Tier2- 23%, Tier 3- 15%
By Designation: C-Level- 35%, Manager-Level- 25%, Others- 40%
By Region: Americas- 52%, Asia-Pacific- 24%, Europe- 16%, RoW- 8%

Research Coverage:
From an insight perspective, this research report has focused on various levels of analysis, namely industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the smart meters market, high-growth regions, and market drivers, restraints, & opportunities.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on products and integrated solutions & services offered by the top players in the global smart meters market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart meters market.
• Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for smart meters across regions
• Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global smart meters market

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 16
1.5 LIMITATIONS 16
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/

Related Reports

GCC Isopropyl Alcohol Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Saudi Arabia Oilfield Chemicals Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Asia Pacific Hand Sanitizer Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global Tire Chemicals Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global Smart Nanomaterials Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
China Glycol Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
GCC Surface Disinfectant Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
UAE Disinfectant & Sanitization Services Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global 5G Substrate Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global Green Ammonia Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
UAE Industrial Enzymes Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Middle East Biosolids Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global Graphene Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Qatar Water Treatment Specialty Chemicals Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Saudi Arabia Surface Disinfectant Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
UAE Oilfield Chemicals Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
South East Asia Can Coating Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
GCC Polyurethane Foam Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global Carbon Nanotubes Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
UAE Heat Resistant Paint Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020
Global Ultraviolet (UV) and Blue Light Blocking Coatings Market Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast 2020Long-chain Polyamide Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2007
Fluorosurfactants Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2027
Dicyclopentadiene Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2027
Global Erosion and Sediment Control Market Insights by Emerging Trends, Future Growth and Demand Forecast till 2007

Christophe Rude
Christophe Rude
Articles: 15874