Report Detail
Global Meter Data Management System Market Size study, by Component (Hardware, Software), Utility (Gas, Electricity, Water), Application (Micro Grid, Smart Grid, EV Charging, Energy Storage), End-User (Commercial & Industrial, Residential), and Regional Forecasts 2018-2025
- RnM3544451 |
- 20 June, 2019 |
- Global |
- 200 Pages |
- Bizwit Research & Consulting LLP |
- Other
Global meter data management system market is valued at approximately USD 168 million in 2017 and is anticipated to grow with a healthy growth rate of more than 20.1 % over the forecast period 2018-2025. The advent of smart meters and smart infrastructure is considered as a major growth trend for the global meter data management system market.
Key drivers for the meter data management system market are growing adoption of advanced metering technology, progressing deployment of smart meters, increasing volume of meter data coupled with demand for grid reliability and outage management. Adoption of advance metering technologies facilitates monitoring and measuring the consumers information. AMI adoption offers operational and financial benefits and eliminates the requirement of on-site meter reading, improves energy theft detection and response to power outages. It also brings financial gains to utility, gas and water companies through reduction in maintenance and equipment costs. It is an integrated system of communication, smart meters and data management systems that enables communication between customers and utilities. For instance, as per the U.S. Energy Information Administration, in 2016 U.S. electric utilities has installed about 71 million advanced metering infrastructure smart meters representing about 47% of the electricity consumers in the United States. Similarly, the government of India sanctioned about 12 smart grid projects in 2019 involves the implementation of advanced metering infrastructure. Thus, adoption of advance metering infrastructure is supplementing the adoption & growth of meter data management system market. Furthermore, smart city initiatives by emerging economies is expected to create lucrative growth prospects of the meter data management system market across the globe. However, lack of standards and threat of cyber security and vulnerability act as a key restraint for the market during the forecast period.
On the basis of segmentation, the meter data management system market is segmented into component, utility type, application and end-user. On the basis of component, the market is sub-segmented into software and hardware of which software segment holds the major share owing to growth in data volume generated with the smart meter installation. Meter data management software is used for processing and to co-relate the data for supporting accurate billing. The utility type segment is classified into electricity, gas and water. Further, end-use segment is sub-classified in to residential, commercial and industrial of which residential segment dominates the market due to government support towards the adoption and deployment of smart meters. With the meter data management system, consumers have access to the energy consumption data through the meter data management system that lead towards improvement in the consumers energy consumption. The application segment is diversified into smart grid, energy storage, microgrid, EV charging and others.
The regional analysis of meter data management system market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America holds the leading position in meter data management system market. Major utilities in the regions are implementing the meter data management system with the growing smart meter installation. In addition, growing need to generate accurate bills on the basis of varied tariff rates in the regions is also significantly driving the market growth in the region. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific is witnessed owing to the untapped opportunities in countries such as India and China. Moreover, high investment by government bodies coupled with supportive policies and regulation regarding smart metering technology are significantly adding growth in meter data management system market in the region.
Some market players include-
Honeywell
Abb
Siemens
Schneider Electric
Itron
Landis+Gyr
Kamstrup
Diehl
Alcara
Sensus (Xylem)
Powel Eaton
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Software
Hardware
By Utility
Electricity
Gas
water
By Application:
smart grid
Microgrid
Energy storage
EV charging
Others
By End-user:
Residential
Commercial & industrial
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
ROE
Asia Pacific
China
India
Japan
ROAPEC
LAMEA
Brazil
Mexico
ROW
Middle East & Africa
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Meter Data Management System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Global Meter Data Management System Market Definition and Scope
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Scope of The Study
- 1.4. Years Considered for The Study
- 1.5. Currency Conversion Rates
- 1.6. Report Limitation
Chapter 2. Research Methodology
- 2.1. Research Process
- 2.1.1. Data Mining
- 2.1.2. Analysis
- 2.1.3. Market Estimation
- 2.1.4. Validation
- 2.1.5. Publishing
- 2.2. Research Assumption
Chapter 3. Executive Summary
- 3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
- 3.2. Key Trends
Chapter 4. Global Meter Data Management System Market Dynamics
- 4.1. Growth Prospects
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.2. Industry Analysis
- 4.2.1. Porter’s 5 Force Model
- 4.2.2. PEST Analysis
- 4.2.3. Value Chain Analysis
- 4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Meter Data Management System Market, By Component
- 5.1. Market Snapshot
- 5.2. Market Performance - Potential Model
- 5.3. Global Meter Data Management System Market, Sub Segment Analysis
- 5.3.1. Software
- 5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 5.3.2. Hardware
- 5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Global Meter Data Management System Market, By Utility
- 6.1. Market Snapshot
- 6.2. Market Performance - Potential Model
- 6.3. Global Meter Data Management System Market, Sub Segment Analysis
- 6.3.1. Electricity
- 6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 6.3.2. Gas
- 6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 6.3.3. Water
- 6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 7. Global Meter Data Management System Market, By Application
- 7.1. Market Snapshot
- 7.2. Market Performance - Potential Model
- 7.3. Global Meter Data Management System Market, Sub Segment Analysis
- 7.3.1. Smart Grid
- 7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.2. Micro Grid
- 7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.3. Energy Storage
- 7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.4. EV Charging
- 7.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.5. Others
- 7.3.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 7.3.5.3.
Chapter 8. Global Meter Data Management System Market, By End-User
- 8.1. Market Snapshot
- 8.2. Market Performance - Potential Model
- 8.3. Global Meter Data Management System Market, Sub Segment Analysis
- 8.3.1. Residential
- 8.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 8.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 8.3.2. Commercial & Industrial
- 8.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 8.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 9. Global Meter Data Management System Market, by Regional Analysis
- 9.1. Meter Data Management System Market, Regional Market Snapshot (2015-2025)
- 9.2. North America Meter Data Management System Market Snapshot
- 9.2.1. U.S.
- 9.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.1.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.2. Canada
- 9.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.2.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.2.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3. Europe Meter Data Management System Market Snapshot
- 9.3.1. U.K.
- 9.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.1.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.2. Germany
- 9.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.2.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.3. Rest of Europe
- 9.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.3.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.3.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.3.3.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4. Asia Meter Data Management System Market Snapshot
- 9.4.1. China
- 9.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.1.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.2. India
- 9.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.2.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.3. Japan
- 9.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.3.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.3.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.3.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.4. Rest of Asia Pacific
- 9.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.4.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.4.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.4.4.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.5. Latin America Meter Data Management System Market Snapshot
- 9.5.1. Brazil
- 9.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.1.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.2. Mexico
- 9.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.2.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.2.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.5.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.6. Rest of The World
- 9.6.1. Middle East and Africa
- 9.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
- 9.6.1.2. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.6.1.3. Utility breakdown estimates & forecasts, 2015-2025 (USD Billion)
- 9.6.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 10. Competitive Intelligence
- 10.1. Company Market Share (Subject to Data Availability)
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Honeywell
- 10.3.1.1. Overview
- 10.3.1.2. Financial (Subject to Data Availability)
- 10.3.1.3. Product Summary
- 10.3.1.4. Recent Developments
- 10.3.2. Abb
- 10.3.3. Siemens
- 10.3.4. Schneider Electric
- 10.3.5. Itron
- 10.3.6. Landis+Gyr
- 10.3.7. Kamstrup
- 10.3.8. Diehl
- 10.3.9. Alcara
- 10.3.10. Sensus (Xylem)
- 10.3.1. Honeywell
- 9.6.1. Middle East and Africa
- 9.5.1. Brazil
- 9.4.1. China
- 9.3.1. U.K.
- 9.2.1. U.S.
- 8.3.1. Residential
- 7.3.1. Smart Grid
- 6.3.1. Electricity
- 5.3.1. Software
Summary:
Get latest Market Research Reports on Meter Data Management System. Industry analysis & Market Report on Meter Data Management System is a syndicated market report, published as Global Meter Data Management System Market Size study, by Component (Hardware, Software), Utility (Gas, Electricity, Water), Application (Micro Grid, Smart Grid, EV Charging, Energy Storage), End-User (Commercial & Industrial, Residential), and Regional Forecasts 2018-2025. It is complete Research Study and Industry Analysis of Meter Data Management System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
