Smart Meters Market is expected to reach USD 16B by 2025, growing at a CAGR of 9.3%

Global Smart Meters Market Research Report 2018
HTF MI recently introduced Global Smart Meters Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023.

At present, the market is developing its presence and some of the key players from the complete study are Landis+Gyr, Itron, GE Digital Energy, Siemens, Kamstrup, Sensus, Elster Group, Silver Spring Networks, Aclara, Nuri Telecom, Sagemcom, Trilliant, Iskraemeco, Echelon, Tantalus Systems, ZIV, 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, Huayi Electronics, Changyi Group, Gaoke, Shenzhen Kaifa Technology, Risesun Group, Banner, Bada Instruments & Jinling Intelligent Electric Meter etc. The market Study is segmented by key regions which is accelerating the marketization. 

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A smart meter is usually an electronic device that records consumption of electric energy in intervals of an hour or less and communicates that information at least daily back to the utility for monitoring and billing. Smart meters enable two-way communication between the meter and the central system. Unlike home energy monitors, smart meters can gather data for remote reporting. Such an advanced metering infrastructure differs from traditional automatic meter reading in that it enables two-way communications with the meter.

The largest smart meters markets have been North America, Europe and APAC (particularly China). And the market is supplied by a combination of large multinational firms and smaller local manufacturers. The leading global firms include Landis+Gyr (based in Switzerland but owned by Toshiba Corp. of Japan), GE Digital Energy (United States), Itron (United States), Aclara (United States), Elster Group (Germany), Sensus (United States) and Holley Metering (China), among others. These companies tend to compete against each other globally to supply most of the largest smart meter markets. In many markets, these leading global firms also face competition from local manufacturers. In China, for example, local manufacturers supply the bulk of the market.

The global Smart Meters market is valued at 7900 million US$ in 2017 and will reach 16100 million US$ by the end of 2025, growing at a CAGR of 9.3% during 2018-2025.

This report studies the Global Smart Meters market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Smart Meters market by companies, region, type and end-use industry. 

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on ” Smart Meters Market by Type (Single-phase smart meter & Three-phase smart meter), by End-Users/Application (Residential application, Commercial application & Industrial application), Organization Size, Industry, and Region – Forecast to 2023″. Early buyers will receive 10% customization on comprehensive study. 

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future. 

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Competitive Analysis: 
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Landis+Gyr, Itron, GE Digital Energy, Siemens, Kamstrup, Sensus, Elster Group, Silver Spring Networks, Aclara, Nuri Telecom, Sagemcom, Trilliant, Iskraemeco, Echelon, Tantalus Systems, ZIV, 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, Huayi Electronics, Changyi Group, Gaoke, Shenzhen Kaifa Technology, Risesun Group, Banner, Bada Instruments & Jinling Intelligent Electric Meter includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc. 

Market Segments: 
The Global Smart Meters Market has been divided into type, application, and region. 
On The Basis Of Type: Single-phase smart meter & Three-phase smart meter
On The Basis Of Application: Residential application, Commercial application & Industrial application 
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Smart Meters in these regions, from 2013 to 2023 (forecast), covering 
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis} 
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis} 
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis} 
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis} 
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis} 
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis} 

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Have a look at some extracts from Table of Content 

Introduction about Global Smart Meters 
• Global Smart Meters Market Size (Sales) Market Share by Type (Product Category) in 2017 
• Smart Meters Market by Application/End Users 
• Global Smart Meters Sales (Volume) and Market Share Comparison by Applications 
• (2013-2023) table defined for each application/end-users like [Residential application, Commercial application & Industrial application] 
• Global Smart Meters Sales and Growth Rate (2013-2023) 
• Smart Meters Competition by Players/Suppliers, Region, Type and Application 
• Smart Meters (Volume, Value and Sales Price) table defined for each geographic region defined. 
• Global Smart Meters Players/Suppliers Profiles and Sales Data 
Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers 

• Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include Single-phase smart meter & Three-phase smart meter 
• Smart Meters Manufacturing Cost Analysis 
• Smart Meters Key Raw Materials Analysis 
• Smart Meters Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis 
• Market Forecast (2018-2023) 
• ……..and more in complete table of Contents 

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. 

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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”. 

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