Smart Electric Meter Market Share, Size Expected to Witness High Growth over the Forecast Period 2018 – 2024 – Global Banking And Finance Review

Market Study Report Provides A Detailed Overview Of Smart Electric Meter Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of Smart Electric Meter Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report.

Smart Electric Meter Market is set to surpass USD 10 Billion by 2024.

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U.S. smart electric meter market is set to witness robust growth owing to the rising energy prices coupled with shifting focus toward billing accuracy. Significant encouragement by the policymakers and regulators toward the adoption of smart electrical technologies will augment the industry growth. As per the EIAs Residential Energy Consumption Survey in 2015, the adoption of residential smart meters in the U.S. was estimated to be around 40%. Further, it has been analyzed that the electric utilities had installations of more than 70 million AMI units across the country till 2016.

Robust implementation of fiscal incentives and government mandates toward the adoption of sustainable technologies will fuel the business growth. Rising concern toward energy conservation along with rapid technological advancements to offer complete integrated metering portfolio with automated data management systems will strengthen the business outlook.

Shifting trends toward effective monitoring, utilization, and measurement of resources to limit the overall challenges of energy will fuel the smart electric meter market growth. Monitoring and Metering have been an essential tool for the efficient energy management and measurement. Further, these provide building operators & owners with the information to improve the building energy performance.

Increasing acceptance of renewables across the decentralized and centralized grid infrastructure will propel the AMI smart electric meter market share. Several countries have passed distinct legislations mandating the installation of Advanced Metering Infrastructure meters as a part of their energy conservation initiatives. In 2011, the Government of UK designed a policy framework and initiated a rollout strategy toward the adoption of smart meters. The Smart Metering Implementation Programme involves the upgrade and replacement of over 50 million gas and electricity meters by the end of 2020.

Growing measures toward energy efficient products adoption coupled with shifting trends toward digital economy will drive the UK smart electric meter market. Introduction of stringent emission norms have created competitive business scenario for the leading manufacturers to develop sustainable technologies. The UK Energy Efficiency Directive?s Article 9-11 offers rules on devices related to billing information and metering that is required to be provided to the end users.

In 2017, China accounted for over 70% of the smart electric meter market share across the Asia Pacific region. Shifting focus toward energy efficient technologies coupled with increasing penetration of smart technologies will complement the industry landscape. In the 13th five-year plan of China, introduced several smart city projects that involves the adoption of smart meters across the electric and water networks.

Major players across the industry include Iskraemco, Circutor, Apator, Kamstrup, Aclara, Neptune, Sensus, Badger Meter, Honeywell International, Osaki, Schneider, Itron, Siemens, and Landis+Gyr.

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TABLE OF CONTENTS:

Report Content

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimation & forecast parameters

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid Sources

1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Smart electric meter market 360 degree synopsis, 2013 – 2024

2.1.1 Business trends

2.1.2 Application trends

2.1.3 Technology trends

2.1.4 Phase trends

2.1.5 Regional trends

Chapter 3 Smart Electric Meter Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 – 2024 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Innovation & technology landscape

3.5 Regulatory landscape

3.5.1 U.S.

3.5.1.1 American Recovery and Reinvestment Act (ARRA)

3.5.2 UK

3.5.2.1 The Smart Metering Implementation Programme

3.5.2.2 The Smart Energy Code

3.5.2.3 The Energy Efficiency Directive

3.5.3 Sweden

3.5.4 Germany

3.5.5 France

3.5.6 Ireland

3.5.6.1 The National Smart Metering Programme

3.5.7 Netherlands

3.5.8 Italy

3.5.9 Japan

3.5.9.1 Fourth Basic Energy Plan

3.6 Industry impact forces

3.6.1 Growth Drivers

3.6.1.1 Favorable government regulations

3.6.1.2 Renewable energy integration to smart grid infrastructure

3.6.1.3 Controlled energy consumption

3.6.1.4 Rising demand for renewable energy and effective transmission facilities

3.6.1.5 Better security against electricity theft

3.6.2 Industry pitfalls & challenges

3.6.2.1 End-user resistance

3.6.2.2 Cost outweighing savings

3.7 Growth potential analysis

3.8 Price trend analysis, by technology

3.8.1 AMI

3.8.2 AMR

3.9 Price trend analysis, by region

3.9.1 North America

3.9.2 Europe

3.9.3 Asia Pacific

3.9.4 Middle East & Africa

3.9.5 Latin America

3.10 Communication protocols used in AMI/AMR

3.10.1 Automatic Meter Infrastructure (AMI)

3.10.2 Automatic Meter Reading (AMR)

3.11 Porter’s Analysis

3.12 Competitive Landscape, 2017

3.12.1 Strategy Dashboard

3.12.1.1 Itron

3.12.1.1.1 Product Development

3.12.1.1.2 Acquisition

3.12.1.1.3 Restructuring

3.12.1.2 Honeywell

3.12.1.2.1 Acquisition

3.12.1.2.2 Long-term contracts

3.12.1.2.3 New Product Launch

3.12.1.3 EDMI

3.12.1.3.1 Strategic Partnership

3.12.1.3.2 New Product Launch

3.12.1.4 Kamstrup

3.12.1.4.1 Global Expansion

3.12.1.4.2 Workforce

3.12.1.4.3 Collaboration

3.12.1.5 Sensus

3.12.1.5.1 Expansion

3.13 PESTEL Analysis

Chapter 4 Smart Electric Meter Market, By Application

4.1 Smart electric meter market share by application, 2017 & 2024

4.2 Residential

4.2.1 Global market from residential, 2013 – 2024

4.2.2 Global market from residential, by region, 2013 – 2024

4.2.3 Single family

4.2.3.1 Global market from single family, 2013 – 2024

4.2.4 Multi family

4.2.4.1 Global market from multi family, 2013 – 2024

4.3 Commercial

4.3.1 Global market from commercial, 2013 – 2024

4.3.2 Global market from commercial, by region, 2013 – 2024

4.3.3 Education

4.3.3.1 Global market from education, 2013 – 2024

4.3.4 Healthcare

4.3.4.1 Global market from healthcare, 2013 – 2024

4.3.5 Retail

4.3.5.1 Global market from retail, 2013 – 2024

4.3.6 Logistics & transportation

4.3.6.1 Global market from logistics & transportation, 2013 – 2024

4.3.7 Offices

4.3.7.1 Global market from offices, 2013 – 2024

4.3.8 Hospitality

4.3.8.1 Global market from hospitality, 2013 – 2024

4.3.9 Others

4.3.9.1 Global market from others, 2013 – 2024

4.4 Utility

4.4.1 Global market from utility, 2013 – 2024

4.4.2 Global market from utility, by region, 2013 – 2024

Chapter 5 Smart Electric Meter Market, By Technology

5.1 Smart electric meter market share by technology, 2017 & 2024

5.2 AMI

5.2.1 Global market from AMI, 2013 – 2024

5.2.2 Global market from AMI, by region, 2013 – 2024

5.2.3 RF

5.2.3.1 Global market from RF, 2013 – 2024

5.2.3.2 Global market from RF, by region, 2013 – 2024

5.2.4 PLC

5.2.4.1 Global market from PLC, 2013 – 2024

5.2.4.2 Global market from PLC, by region, 2013 – 2024

5.2.5 Cellular

5.2.5.1 Global market from cellular, 2013 – 2024

5.2.5.2 Global market from cellular, by region, 2013 – 2024

5.3 AMR

5.3.1 Global market from AMR, 2013 – 2024

5.3.2 Global market from AMR, by region, 2013 – 2024

Chapter 6 Smart Electric Meter Market, By Phase

6.1 Smart electric meter market share by phase, 2017 & 2024

6.2 Single phase

6.2.1 Global market from single phase, 2013 – 2024

6.2.2 Global market from single phase, by region, 2013 – 2024

6.3 Three phase

6.3.1 Global market from three phase, 2013 – 2024

6.3.2 Global market from three phase, by region, 2013 – 2024

Chapter 7 Smart Electric Meter Market, By Region

7.1 Smart electric market share by region, 2017 & 2024

7.2 North America

7.2.1 North America market, 2013 – 2024

7.2.2 North America market by application, 2013 – 2024

7.2.2.1 North America market from residential, 2013 – 2024

7.2.2.2 North America market from commercial, 2013 – 2024

7.2.3 North America market by technology, 2013 – 2024

7.2.3.1 North America market from AMI, 2013 – 2024

7.2.4 North America market by phase, 2013 – 2024

7.2.5 U.S.

7.2.5.1 U.S. market, 2013 – 2024

7.2.5.2 U.S. market by application, 2013 – 2024

7.2.5.2.1 U.S. market from residential, 2013 – 2024

7.2.5.2.2 U.S. market from commercial, 2013 – 2024

7.2.5.3 U.S. market by technology, 2013 – 2024

7.2.5.3.1 U.S. market from AMI, 2013 – 2024

7.2.5.4 U.S. market by phase, 2013 – 2024

7.2.6 Canada

7.2.6.1 Canada market, 2013 – 2024

7.2.6.2 Canada market by application, 2013 – 2024

7.2.6.2.1 Canada market from residential, 2013 – 2024

7.2.6.2.2 Canada market from commercial, 2013 – 2024

7.2.6.3 Canada market by technology, 2013 – 2024

7.2.6.3.1 Canada market from AMI, 2013 – 2024

7.2.6.4 Canada market by phase, 2013 – 2024

7.3 Europe

7.3.1 Europe market, 2013 – 2024

7.3.2 Europe market by application, 2013 – 2024

7.3.2.1 Europe market from residential, 2013 – 2024

7.3.2.2 Europe market from commercial, 2013 – 2024

7.3.3 Europe market by technology, 2013 – 2024

7.3.3.1 Europe market from AMI, 2013 – 2024

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