According to our (Global Info Research) latest study, the global Electricity Submetering For Smart Grid market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
A smart meter is an electronic device that records consumption of electric energy and communicates the information to the electricity supplier for monitoring and billing. Smart meters typically record energy hourly or more frequently, and report at least daily. Smart meters enable two-way communication between the meter and the central system. Such an advanced metering infrastructure (AMI) differs from automatic meter reading (AMR) in that it enables two-way communication between the meter and the supplier. Communications from the meter to the network may be wireless, or via fixed wired connections such as power line carrier (PLC). Wireless communication options in common use include cellular communications (which can be expensive), Wi-Fi (readily available), wireless ad hoc networks over Wi-Fi, wireless mesh networks, low power long range wireless (LORA), ZigBee (low power low data rate wireless), and Wi-SUN (Smart Utility Networks).
First of all, since the inception of electricity deregulation and market-driven pricing throughout the world, utilities have been looking for a means to match consumption with generation. Non-smart electrical and gas meters only measure total consumption, providing no information of when the energy was consumed. Smart meters provide a way of measuring this site-specific information, allowing utility companies to charge different prices for consumption according to the time of day and the season. Second, the markets in Europe and North America will be driven primarily by regional targets for energy-efficiency and reductions in energy.The large untapped consumer base and the increasing need to be energy efficient is expected to drive the submeter market in the Asia-Pacific region. In addition,high power cost, energy efficiency strategies and the need to partition utility power bills among individual customer for individual force utilization has driven the development of the business sector.
The Global Info Research report includes an overview of the development of the Electricity Submetering For Smart Grid industry chain, the market status of Utilities (Current Transformer, Rogowski Coil), Home (Current Transformer, Rogowski Coil), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electricity Submetering For Smart Grid.
Regionally, the report analyzes the Electricity Submetering For Smart Grid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electricity Submetering For Smart Grid market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electricity Submetering For Smart Grid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electricity Submetering For Smart Grid industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Current Transformer, Rogowski Coil).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electricity Submetering For Smart Grid market.
Regional Analysis: The report involves examining the Electricity Submetering For Smart Grid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electricity Submetering For Smart Grid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electricity Submetering For Smart Grid:
Company Analysis: Report covers individual Electricity Submetering For Smart Grid manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electricity Submetering For Smart Grid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Utilities, Home).
Technology Analysis: Report covers specific technologies relevant to Electricity Submetering For Smart Grid. It assesses the current state, advancements, and potential future developments in Electricity Submetering For Smart Grid areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electricity Submetering For Smart Grid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electricity Submetering For Smart Grid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Current Transformer
Rogowski Coil
Other
Market segment by Application
Utilities
Home
Major players covered
Landis+Gyr
Itron(Silver Spring Networks)
GE Digital Energy
Siemens
Kamstrup
Xylem Inc
Elster Group
Aclara
Sagemcom
Leviton
Echelon
Nuri Telecom
E-Mon
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
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electricity Submetering For Smart Grid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electricity Submetering For Smart Grid, with price, sales, revenue and global market share of Electricity Submetering For Smart Grid from 2019 to 2024.
Chapter 3, the Electricity Submetering For Smart Grid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electricity Submetering For Smart Grid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electricity Submetering For Smart Grid market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electricity Submetering For Smart Grid.
Chapter 14 and 15, to describe Electricity Submetering For Smart Grid sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electricity Submetering For Smart Grid. Industry analysis & Market Report on Electricity Submetering For Smart Grid is a syndicated market report, published as Global Electricity Submetering For Smart Grid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Electricity Submetering For Smart Grid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.