Explosive Growth Expected: Smart Electricity Meter Market to Expand at 9% CAGR Through 2027
A comprehensive analysis report on the Global Smart Electricity Meter Market has been recently released by MarkNtel Advisors, covering the forecast period from 2022 to 2027. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Smart Electricity Meter Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Smart Electricity Meter Market Overview:
Base Year: 2021
Forecast Years: 2022-2027
Historical Years: 2017-2020
Market Growth Rate: 9% (2022-2027)
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Smart Electricity Meter Market Segmentation Analysis:
According to MarkNtel study the market is segmented the into the following categories:
By Technology
- Automated Meter Reading (AMR)
- Advanced Metering Infrastructure (AMI)
- Standard (non2017-2027AMR/AMI) Meters
By Phase
- One Phase
- Three Phase
Here, three-phase smart electricity meters are expecting the fastest growing demand during 2022-27, primarily due to their burgeoning application in various residential, industrial, and utility establishments, along with commercial buildings like healthcare, hospitality, educational, logistics, etc.
By End Users
- Municipal
- Commercial
- Industrial
- Residential
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By Region
- North America
- South America
- Europe
- Middle East
- Africa
- Asia Pacific
Amongst all regions globally, Asia-Pacific is the leading market for smart electricity meters. The growth of the regional market attributes primarily to substantial investments in smart grid technologies & smart city developments, growing establishments of data centers, and the increasing number of IT hubs & commercial institutions.
Smart Electricity Meter Market Competitive Landscape:
This section competitive landscape covers the top companies’ participants in the Smart Electricity Meter industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2022-2027.
Leading Market Player Are:
- Landis+Gyr
- Itron
- Wasion
- Hexing
- Elster
- Sagemcom
- Sensus
- ADD
- Aclara
- Kamstrup
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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