Smart Electricity Meter Market- Forecasts From 2019 To 2024

1. Smart Electricity Meter Market forecasts From 2019 To 2024

2. DESCRIPTION Smart electricity meter market is projected to grow at a CAGR of 33.53% during the forecast period, reaching US$15.331 billion in 2024 from US$2.705 billion in 2018. The smart electricity meter is a device that is used to accurately monitor electrical usage and send usage information to manage energy usage effectively. Factors such as favorable government policies, growing investments in smart grid projects, and rising up-gradation of infrastructure are bolstering the market growth. The market of smart electricity meter is propelling due to the benefits offered by it such as cost-cutting in meter reading, efficiency, and others. Furthermore, increasing investments in smart homes and a corresponding rise in demand for smart electricity meters to reduce the electricity wastage by automatically turning off the electricity will continue to boost the market growth during the forecast period. 

3. Key Questions Answered By The Report • What will Smart Electricity Meter Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Smart Electricity Meter Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

4. Geography • North America • USA • Canada • Mexico • South America • Brazil • Argentina • Others

5. Geography • Europe • Germany • France • United Kingdom • Others • Middle East and Africa • Saudi Arabia • South Africa • Others

6. Geography • Asia Pacific • China • Japan • India • Others

7. Segments Covered Under Global Storage Market: • By End-User • Residential • Commercial • Industrial

8. COMPANY PROFILES • EDMI Limited • Microstar Electric Company Limited • ZPA Smart Energy a.s. • Holley Technology UK Ltd. • I C S A (INDIA) LIMITED • Secure Meters Ltd. • EMH metering GmbH & Co. KG • Landis+Gyr • Honeywell • Suntront Tech Co., Ltd.

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