A smart meter is an Internet-capable device that measures energy, water or natural gas consumption of a building, home, plants, etc.
Whereas traditional meters only measure total consumption, smart meters record when and how much of a resource is consumed. Energy companies are deploying smart meters to monitor consumer usage and adjust prices according to the time of day and season.
The smart meter acts as the network termination point, an ingress router between the utility’s network and the building it is monitoring. When connected to a building automation system, a smart meter will allow the building administrator to control based on real-time energy costs.
Scope of the Report:
In the coming years there is an increasing demand for Industrial Smart Meters in the regions of North America and Europe that is expected to drive the market for more advanced Industrial Smart Meters. Growth in government budgets in the principal countries, increasing of heavy industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Industrial Smart Meters will drive growth in United States and Europe markets.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
The worldwide market for Industrial Smart Meters is expected to grow at a CAGR of roughly 21.0% over the next five years, will reach 180 million US$ in 2024, from 56 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Industrial Smart Meters in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Landis+Gyr
Itron
Siemens
Kamstrup
Elster Group
Nuri Telecom
Sagemcom
Iskraemeco
ZIV
Sanxing
Linyang Electronics
Wasion Group
Haixing Electrical
XJ Measurement & Control Meter
Chintim Instruments
Clou Electronics
Holley Metering
HND Electronics
Longi
Banner
Sunrise
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Three-phase Smart Meter
Single-phase Smart Meter
Market Segment by Applications, can be divided into
Heavy Industry
Light Industry
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Smart Meters product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Industrial Smart Meters, with price, sales, revenue and global market share of Industrial Smart Meters in 2017 and 2018.
Chapter 3, the Industrial Smart Meters competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Smart Meters breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Industrial Smart Meters market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Industrial Smart Meters sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Industrial Smart Meters . Industry analysis & Market Report on Industrial Smart Meters is a syndicated market report, published as Global Industrial Smart Meters Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Industrial Smart Meters market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.