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Latest Research Report on Electric Sub-meter Market Expected to Grow a CAGR of 6% during 2019 - 2029

"Manufacturers from ASEAN countries and India are focusing on acquiring new orders and tenders to increase their revenue by deploying smart electric sub-meters. This is creating ample opportunities for investors in the electric sub-meter market," says the FMI analyst.

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Latest Research Report on Electric Sub-meter Market Expected to Grow a CAGR of 6% during 2019 - 2029

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  1. Electric Sub-meter Market Growing at 6% CAGR to 2029 Scrutinized in New Research 2019 - 2029 Feb 2020 Report Id : REP-GB-4573 Published On : Feb-2020 Category : Industrial Automation and Equipment www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Electric Sub-meter Market Analysis Electric Sub-meter Market Growing at 6% CAGR to 2029 Scrutinized in New Research 2019 – 2029 • In view of growing demand in the energy and utilities industry, the global electric sub-meters market is projected to hurtle towards US$ 24 Bn mark by the end of the forecast period (2019-2029). The electric sub- meters market is set to display a promising rate of growth through 2029, as suggested by a new Future Market Insights (FMI) study. Electric sub-meters are projected to witness heightened adoption in the energy and utilities industry on back of its superior energy efficiency and performance, concludes the FMI study. • "Manufacturers from ASEAN countries and India are focusing on acquiring new orders and tenders to increase their revenue by deploying smart electric sub-meters. This is creating ample opportunities for investors in the electric sub-meter market," says the FMI analyst. Key Takeaways of the Electric Sub-meters Study • The rising adoption of smart electric sub-meters with IoT capabilities is driving players to acquire component producers. • The lack of adequate technical expertise to adopt smart sub-meters is encouraging mergers with automation providers. • Mergers and acquisitions are projected to be the key business strategies for manufacturers in the industry. • East Asia is projected to hold a major market share throughout the forecast period, primarily driven by an impetus from China. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Electric Sub-meter Market Analysis Electric Sub-meters Market - Top Growth Drivers • Government policies regarding installation of smart electric sub-meters would be a major growth driver. • Easy availability of low-cost smart electric sub-meters for residential applications will bolster overall demand. • Tech advancements to cut down electrical leaks and outages while reducing the risk of error, will continue to drive adoption. Electric Sub-meters Market - Key Restraints • Reluctance of building owners towards paying the upfront costs of upgrading sub-meters is a key restraint to the market. • Conventional electric sub-meters continue to generate a greater risk of human error in records, thereby restricting the market. Source: https://www.accesswire.com/577147/Sales-of-Electric-Sub-meters-to-Reach-US-24-Bn-by- 2029-with-Upswing-in-Adoption-of-Automation-and-Smart-Solution-Services-Reports-Future-Market- Insights www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Electric Sub-meter Market Analysis Competitive Landscape Some of the prominent players that are covered by the study include, but are not limited to, Schneider Electric, General Electric, Siemens AG, Mitsubishi Electric Corporation, Itron Inc., Honeywell International, Xylem Inc., OSAKI Electric Co. Leading players in the field of automation are acquiring sub-meter manufacturers to bolster scope of application. Further, regional manufacturers are pushing for product value additions, and competitive pricing strategiesto bolster overall demand. More about the Report The 291-page study offers an in-depth market forecast and analysis on the electric sub-meters market. The major categories encompassed by the report include product type (socket type/electromechanical sub-meters, non-socket/electronic sub-meters, and smart sub-meters), phase (single phase and three phase), and application (commercial establishments, residential sector, and industrial sector) across seven regions (South Asia, East Asia, Latin America, Europe, North America, Middle East & Africa, and Oceania). Explore Extensive Coverage of FMI's Industrial Automation & Equipment Landscape • Robot Label Applicators Market • Large Industrial Displays www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Electric Sub-meter Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in U.S. and India. FMI's latest market research reports and industry analysis helps businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Contact: Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

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